CHASE FUNDING INC
8-K, 2000-11-01
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    Form 8-K

                                 CURRENT REPORT


                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934

                        Date of Report: October 25, 2000


                               CHASE FUNDING, INC.
            (formerly known as "Chemical Mortgage Securities, Inc.")
 -------------------------------------------------------------------------------
                           (Exact Name of Registrant)


<TABLE>
<CAPTION>
<S>                                               <C>                                 <C>
         New York                              333-64131                           13-3436103
------------------------------        -------------------------------     --------------------------------
 (State or other jurisdiction            (Commission File Number)                 (IRS Employer
       of incorporation)                                                        Identification No.)
</TABLE>


           343 Thornall Street, Edison, NJ                  08837
      ------------------------------------------        -------------
       (Address of principal executive offices)          (Zip Code)


Registrant's telephone number, including area code:  (732) 205-0600


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Item 5.  Other Events:


         On or about October 25, 2000, Chase Funding, Inc. (the "Depositor")
made the distributions to holders of its Mortgage Loan Asset-Backed
Certificates, Series 1999-1, Series 1999-2, Series 1999-3, Series 1999-4, Series
2000-1, Series 2000-2 and Series 2000-3 contemplated by the applicable Pooling
and Servicing Agreement for such Series (collectively, the "Pooling and
Servicing Agreement").

         Copies of the Certificateholders' Report with respect to such
distributions delivered pursuant to Section 6.02 of the Pooling and Servicing
Agreement are being filed as exhibits to this Current Report on Form 8-K.


Item 7(c).        Exhibits

                  Exhibits          Description
                  --------          -----------

                  20.1              Monthly Report with respect to the October
                                    25, 2000 distribution



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                                   SIGNATURES



         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


Dated:  October 31, 2000

                                                 THE CHASE MANHATTAN BANK,
                                                 As Paying Agent, on behalf of
                                                 Chase Funding, Inc.


                                                 By: /s/ Andrew M. Cooper
                                                 ------------------------------
                                                 Name: Andrew M. Cooper
                                                 Title: Trust Officer





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                                INDEX TO EXHIBITS
                                -----------------

Exhibit No.                           Description
-----------                           -----------
20.1                                  Monthly Report with respect to the
                                      distribution to certificateholders on
                                      October 25, 2000.





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