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Previous: DYNAMARK CORP, 10-Q, 2000-03-08 |
Next: ACM GOVERNMENT SECURITIES FUND INC, N-30D, 2000-03-08 |
<PAGE>
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: February 25, 2000
CHASE FUNDING, INC.
(formerly known as "Chemical Mortgage Securities, Inc.")
--------------------------------------------------------
(Exact Name of Registrant)
New York 333-64131 13-3436103
- --------------------------------------------------------------------------------
(State or other (Commission File Number) (IRS Employer
jurisdiction Identification No.)
of incorporation)
343 Thornall Street, Edison, NJ 08837
---------------------------------------- -----
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (732) 205-0600
<PAGE>
Item 5. Other Events:
On or about 2/25/2000, 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 and Series 1999-4 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
February 25, 2000 distribution
<PAGE>
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: March 8, 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
<PAGE>
INDEX TO EXHIBITS
-----------------
Exhibit No. Description
- --------------- -----------------
20.1 Monthly Report with respect to the
distribution to certificateholders
on February 25, 2000.
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
Statement to Certificateholders
February 25 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 56,600,000.00 41,666,882.06 1,386,489.35 207,362.18 1,593,851.53 0.00 0.00 40,280,392.71
IA2 23,800,000.00 23,800,000.00 0.00 119,991.67 119,991.67 0.00 0.00 23,800,000.00
IA3 12,900,000.00 12,900,000.00 0.00 68,316.25 68,316.25 0.00 0.00 12,900,000.00
IA4 12,000,000.00 12,000,000.00 0.00 67,800.00 67,800.00 0.00 0.00 12,000,000.00
IA5 13,000,000.00 13,000,000.00 0.00 68,358.33 68,358.33 0.00 0.00 13,000,000.00
IM1 6,987,000.00 6,987,000.00 0.00 39,534.78 39,534.78 0.00 0.00 6,987,000.00
IM2 2,275,000.00 2,275,000.00 0.00 13,716.35 13,716.35 0.00 0.00 2,275,000.00
IB 2,438,000.00 2,438,000.00 0.00 16,994.89 16,994.89 0.00 0.00 2,438,000.00
IIA1 138,650,000.00 94,095,605.46 6,181,225.00 492,136.35 6,673,361.35 0.00 0.00 87,914,380.46
IIA2 58,750,000.00 58,750,000.00 0.00 291,155.21 291,155.21 0.00 0.00 58,750,000.00
IIM1 17,625,000.00 17,625,000.00 0.00 97,038.48 97,038.48 0.00 0.00 17,625,000.00
IIM2 11,750,000.00 11,750,000.00 0.00 69,953.71 69,953.71 0.00 0.00 11,750,000.00
IIB 8,225,000.00 8,225,000.00 0.00 60,653.95 60,653.95 0.00 0.00 8,225,000.00
R 0.00 0.00 0.00 771,897.49 771,897.49 0.00 0.00 0.00
TOTALS 365,000,000.00 305,512,487.52 7,567,714.350 2,384,909.64 9,952,623.99 0.00 0.00 297,944,773.17
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 161551AA4 736.16399399 24.49627827 3.66364276 28.15992102 711.66771572 IA1 5.972000 %
IA2 161551AB2 1,000.00000000 .00000000 5.04166681 5.04166681 1,000.00000000 IA2 6.050000 %
IA3 161551AC0 1,000.00000000 .00000000 5.29583333 5.29583333 1,000.00000000 IA3 6.355000 %
IA4 161551AD8 1,000.00000000 .00000000 5.65000000 5.65000000 1,000.00000000 IA4 6.780000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
Statement to Certificateholders
February 25 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA5 161551AE6 1,000.00000000 .00000000 5.25833308 5.25833308 1,000.00000000 IA5 6.310000 %
IM1 161551AF3 1,000.00000000 .00000000 5.65833405 5.65833405 1,000.00000000 IM1 6.790000 %
IM2 161551AG1 1,000.00000000 .00000000 6.02916484 6.02916484 1,000.00000000 IM2 7.235000 %
IB 161551AH9 1,000.00000000 .00000000 6.97083265 6.97083265 1,000.00000000 IB 8.365000 %
IIA1 161551AJ5 678.65564702 44.58150018 3.54948684 48.13098702 634.07414684 IIA1 6.073750 %
IIA2 161551AK2 1,000.00000000 .00000000 4.95583336 4.95583336 1,000.00000000 IIA2 5.947000 %
IIM1 161551AK2 1,000.00000000 .00000000 5.50572936 5.50572936 1,000.00000000 IIM1 6.393750 %
IIM2 161551AL0 1,000.00000000 .00000000 5.95350723 5.95350723 1,000.00000000 IIM2 6.913750 %
IIB 161551AM8 1,000.00000000 .00000000 7.37434043 7.37434043 1,000.00000000 IIB 8.563750 %
TOTALS 837.02051375 20.73346397 6.53399901 27.26746299 816.28704978
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(ii) Group 1 Scheduled Interest 961,721.26
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 879.00
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 48,296.62
Sec. 4.05(i) Group 1 Scheduled Principal 108,225.14
Group 1 Curtailments 11,714.43
Group 1 Prepayments 1,266,536.71
Group 1 Liquidations 0.00
Group 1 Repurchases 0.00
Group 1 Substitution principal 0.00
Group 1 Extra Principal Distribution Amount 7.75
Sec. 4.05(a)(xi) Group 1 Current Realized Loss 7.75
Sec. 4.05(a)(xi) Group 1 Cumulative Realized Loss 3,487.99
Sec. 4.05(a)(xi) Group 1 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances 345,583.08
Group 1 Principal Advances 35,916.43
Group 1 Nonrecoverable Interest Advances 0.00
Group 1 Nonrecoverable Principal Advances 0.00
Sec. 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 115,911,882.06
Group 1 Ending Pool Stated Principal Balance 114,525,392.71
Group 1 Net Mortgage Rate 9.44730378 %
Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(iii) Class IA-1 Interest Carryforward Amount 0.00
Class IA-2 Interest Carryforward Amount 0.00
Class IA-3 Interest Carryforward Amount 0.00
Class IA-4 Interest Carryforward Amount 0.00
Class IA-5 Interest Carryforward Amount 0.00
Class IM-1 Interest Carryforward Amount 0.00
Class IM-2 Interest Carryforward Amount 0.00
Class IB Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(ii) Group 2 Scheduled Interest 1,603,669.45
Group 2 Master Servicer Fee 1,479.85
Group 2 Subservicer Fee 81,310.67
Sec. 4.05(i) Group 2 Scheduled Principal 101,386.11
Group 2 Curtailments 81,640.10
Group 2 Prepayments 5,841,944.41
Group 2 Liquidations 155,639.77
Group 2 Repurchases 0.00
Group 2 Substitution principal 0.00
Group 2 Extra Principal Distribution Amount 48,507.18
Sec. 4.05(a)(xi) Group 2 Current Realized Loss 48,507.18
Sec. 4.05(a)(xi) Group 2 Cumulative Realized Loss 139,193.43
Sec. 4.05(a)(xi) Group 2 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances 701,337.41
Group 2 Principal Advances 44,888.85
Group 2 Nonrecoverable Interest Advances 0.00
Group 2 Nonrecoverable Principal Advances 0.00
Class IIA-1 Interest Carryforward Amount 0.00
Class IIA-2 Interest Carryforward Amount 0.00
Class IIM-1 Interest Carryforward Amount 0.00
Class IIM-2 Interest Carryforward Amount 0.00
Class IIB Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 195,145,605.46
Group 2 Ending Pool Stated Principal Balance 188,964,380.46
Group 2 Net Mortgage Rate 9.35227111 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
February 25 2000
<TABLE>
<CAPTION>
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 36 2,611,747.44 2.28 %
2 Months 13 1,008,500.23 .88 %
3+Months 10 568,007.21 .50 %
Total 59 4,188,254.88 3.66 %
Group 2
Principal
Category Number Balance Percentage
1 Month 47 4,849,851.41 2.57 %
2 Months 18 1,866,191.32 .99 %
3+Months 15 1,916,167.43 1.01 %
Total 80.00 8,632,210.16 4.57 %
Group Totals
Principal
Category Number Balance Percentage
1 Month 83 7,461,598.85 2.46 %
2 Months 31 2,874,691.55 .95 %
3+Months 25 2,484,174.64 .82 %
Total 139.00 12,820,465.04 4.23 %
</TABLE>
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans
in Foreclosure
Group 1
Principal
Number Balance Percentage
35.00 2,301,658.14 2.01 %
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
February 25 2000
Group 2
Principal
Number Balance Percentage
36.00 3,915,804.03 2.07 %
Group Totals
Principal
Number Balance Percentage
71.00 6,217,462.17 4.08 %
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
06/01/1999 grp1 1875007905 72,124.11
12/01/1999 grp2 1094202186 176,768.91
11/01/1999 grp2 1094209072 241,256.50
12/01/1999 grp2 1094225239 28,335.85
12/01/1999 grp2 1094245600 53,020.54
10/01/1999 grp2 1094248143 44,762.56
12/01/1999 grp2 1096077336 352,539.69
04/01/1999 grp2 1852000317 67,083.73
Group 1 REO Loan Count
Group 1 REO Loan Balance
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
February 25 2000
Group 2 REO Loan Count
Group 2 REO Loan Balance
Total REO Loan Count
Aggregate REO Loan Balance
Sec. 4.05(xv)& (xvi) Liquidated Loans this Period
<TABLE>
<CAPTION>
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C>
grp2 1094230749 01/06/2000 .00 .00 79,518.68 2
grp2 1095146557 01/31/2000 .00 .00 76,121.09 2
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
Statement to Certificateholders
February 25 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 76,619,000.00 64,062,882.62 1,075,356.79 326,785.21 1,402,142.00 0.00 0.00 62,987,525.83
IA2 52,940,000.00 52,940,000.00 0.00 302,640.33 302,640.33 0.00 0.00 52,940,000.00
IA3 5,000,000.00 5,000,000.00 0.00 30,366.67 30,366.67 0.00 0.00 5,000,000.00
IA4 19,441,000.00 19,441,000.00 0.00 122,559.30 122,559.30 0.00 0.00 19,441,000.00
IA5 24,000,000.00 24,000,000.00 0.00 146,660.00 146,660.00 0.00 0.00 24,000,000.00
IM1 9,000,000.00 9,000,000.00 0.00 56,797.50 56,797.50 0.00 0.00 9,000,000.00
IM2 7,500,000.00 7,500,000.00 0.00 49,181.25 49,181.25 0.00 0.00 7,500,000.00
IB 5,500,000.00 5,500,000.00 0.00 40,104.17 40,104.17 0.00 0.00 5,500,000.00
IIA1 323,950,000.00 284,767,030.73 5,455,615.63 1,486,928.85 6,942,544.48 0.00 0.00 279,311,415.10
IIM1 22,800,000.00 22,800,000.00 0.00 123,174.63 123,174.63 0.00 0.00 22,800,000.00
IIM2 18,050,000.00 18,050,000.00 0.00 104,352.19 104,352.19 0.00 0.00 18,050,000.00
IIB 15,200,000.00 15,200,000.00 0.00 110,781.08 110,781.08 0.00 0.00 15,200,000.00
R 0.00 0.00 0.00 1,060,698.59 1,060,698.59 0.00 0.00 0.00
TOTALS 580,000,000.00 528,260,913.35 6,530,972.420 3,961,029.77 10,492,002.19 0.00 0.00 521,729,940.93
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 161551AP1 836.12266696 14.03511910 4.26506754 18.30018664 822.08754787 IA1 5.923750 %
IA2 161551AQ9 1,000.00000000 .00000000 5.71666660 5.71666660 1,000.00000000 IA2 6.860000 %
IA3 161551AR7 1,000.00000000 .00000000 6.07333400 6.07333400 1,000.00000000 IA3 7.288000 %
IA4 161551AS5 1,000.00000000 .00000000 6.30416645 6.30416645 1,000.00000000 IA4 7.565000 %
IA5 161551AT3 1,000.00000000 .00000000 6.11083333 6.11083333 1,000.00000000 IA5 7.333000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
Statement to Certificateholders
February 25 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IM1 161551AU0 1,000.00000000 .00000000 6.31083333 6.31083333 1,000.00000000 IM1 7.573000 %
IM2 161551AV8 1,000.00000000 .00000000 6.55750000 6.55750000 1,000.00000000 IM2 7.869000 %
IB 161551AW6 1,000.00000000 .00000000 7.29166727 7.29166727 1,000.00000000 IB 8.750000 %
IIA1 161551AX4 879.04624396 16.84091875 4.58999491 21.43091366 862.20532520 IIA1 6.063750 %
IIM1 161551AY2 1,000.00000000 .00000000 5.40239605 5.40239605 1,000.00000000 IIM1 6.273750 %
IIM2 161551AZ9 1,000.00000000 .00000000 5.78128476 5.78128476 1,000.00000000 IIM2 6.713750 %
IIB 161551BA3 1,000.00000000 .00000000 7.28822895 7.28822895 1,000.00000000 IIB 8.463750 %
TOTALS 910.79467819 11.26029728 6.82936167 18.08965895 899.53438091
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 1 Gross Scheduled Interest 1,571,619.15
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 1,155.49
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 79,143.28
Sec. 4.05(i)(A)&(B) Group 1 Scheduled Principal 177,739.17
Group 1 Curtailments 22,209.91
Group 1 Prepayments 875,358.47
Group 1 Liquidations 0.00
Group 1 Repurchases 0.00
Group 1 Subsitution princial 0.00
Sec. 4.05(a)(i)(C) Group 1 Extra Principal Distribution Amount 0.00
Sec. 4.05(a)(xi) Group 1 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances 536,394.27
Group 1 Principal Advances 53,281.34
Group 1 Nonrecoverable Interest Advances 0.00
Group 1 Nonrecoverable Principal Advances 0.00
Sec. 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 189,943,882.62
Group 1 Ending Pool Stated Principal Balance 188,868,525.83
Sec. 4.05(a)(ix) Group 1 Net Mortgage Rate 9.42164969 %
Sec. 4.05(a)(xvii) Group 1 Trigger Event NO
Sec. 4.05(a)(iii) Class IA-1 Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Class IA-2 Interest Carryforward Amount 0.00
Class IA-3 Interest Carryforward Amount 0.00
Class IA-4 Interest Carryforward Amount 0.00
Class IA-5 Interest Carryforward Amount 0.00
Class IM-1 Interest Carryforward Amount 0.00
Class IM-2 Interest Carryforward Amount 0.00
Class IB Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 2 Gross Scheduled Interest 2,829,427.71
Sec. 4.05(a)(vii) Group 2 Master Servicer Fee 2,112.46
Sec. 4.05(a)(vi) Group 2 Subservicer Fee 144,689.21
Sec. 4.05(i)(A)&(B) Group 2 Scheduled Principal 180,989.35
Group 2 Curtailments 78,899.60
Group 2 Prepayments 4,981,872.86
Group 2 Liquidations 0.00
Group 2 Repurchases 0.00
Group 2 Subsitution princial 0.00
Sec. 4.05(a)(i)(C) Group 2 Extra Principal Distribution Amount 212,916.65
Sec. 4.05(a)(xi) Group 2 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances 1,078,328.94
Group 2 Principal Advances 66,977.49
Group 2 Nonrecoverable Interest Advances 0.00
Group 2 Nonrecoverable Principal Advances 0.00
Sec. 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 347,254,114.08
Group 2 Ending Pool Stated Principal Balance 342,011,415.10
Sec. 4.05(a)(ix) Group 2 Net Mortgage Rate 9.27030308 %
Sec. 4.05(a)(xvii) Group 2 Trigger Event NO
Sec. 4.05(a)(iii) Class IIA-1 Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Class IIM-1 Interest Carryforward Amount 0.00
Class IIM-2 Interest Carryforward Amount 0.00
Class IIB Interest Carryforward Amount 0.00
Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount 0.00
Class IIM-1 Interest Carryover Amount 0.00
Class IIM-2 Interest Carryover Amount 0.00
Class IIB Interest Carryover Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
February 25 2000
<TABLE>
<CAPTION>
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 46 4,440,763.42 2.35 %
2 Months 11 854,966.98 .45 %
3+Months 11 1,035,748.57 .55 %
Total 68 6,331,478.97 3.35 %
Group 2
Principal
Category Number Balance Percentage
1 Month 47 5,484,963.51 1.60 %
2 Months 15 1,512,450.44 .44 %
3+Months 14 1,666,686.01 .49 %
Total 76.00 8,664,099.96 2.53 %
Group Totals
Principal
Category Number Balance Percentage
1 Month 93 9,925,726.93 1.87 %
2 Months 26 2,367,417.42 .45 %
3+Months 25 2,702,434.58 .51 %
Total 144.00 14,995,578.93 2.83 %
<CAPTION>
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
<S> <C>
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
February 25 2000
Group 1
Principal
Number Balance Percentage
38.00 2,949,824.22 1.56 %
Group 2
Principal
Number Balance Percentage
51.00 6,825,401.76 2.00 %
Group Totals
Principal
Number Balance Percentage
89.00 9,775,225.98 3.56 %
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
Group 1
Principal
Number Balance Percentage
1.00 51,800.00 .03 %
Group 2
Principal
Number Balance Percentage
3.00 175,103.47 .05 %
Group Totals
Principal
Number Balance Percentage
4.00 226,903.47 .08 %
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
February 25 2000
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
12/01/1999 1097048548 GRP1 51,707.37
12/01/1999 1094260852 GRP2 37,368.23
07/01/1999 1095080460 GRP2 91,098.34
12/01/1999 1095157203 GRP2 45,988.77
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(xiv) Group 1 REO Loan Count 1.00
Sec. 4.05(a)(xiv) Group 1 REO Loan Balance 51,800.00
Sec. 4.05(a)(xiv) Group 2 REO Loan Count 3.00
Sec. 4.05(a)(xiv) Group 2 REO Loan Balance 175,103.47
Sec. 4.05(a)(xv) Total REO Loan Count 4.00
Sec. 4.05(a)(xv) Aggregate REO Loan Balance 226,903.47
</TABLE>
<TABLE>
<CAPTION>
Sec. 4.05(xvii) Liquidated Loans this Period
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C> <C>
Sec. 4.05(a)(xv) Group 1 Aggregate Principal Balance of Liquidated Loans 0.00
Group 2 Aggregate Principal Balance of Liquidated Loans 0.00
Total Aggregate Principal Balance of Liquidated Loans 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
Statement to Certificateholders
February 25 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 44,000,000.00 41,396,649.85 1,133,692.63 215,085.78 1,348,778.41 0.00 0.00 40,262,957.22
IA2 20,000,000.00 20,000,000.00 0.00 117,700.00 117,700.00 0.00 0.00 20,000,000.00
IA3 16,500,000.00 16,500,000.00 0.00 98,725.00 98,725.00 0.00 0.00 16,500,000.00
IA4 18,000,000.00 18,000,000.00 0.00 113,760.00 113,760.00 0.00 0.00 18,000,000.00
IA5 10,850,000.00 10,850,000.00 0.00 70,886.67 70,886.67 0.00 0.00 10,850,000.00
IA6 12,150,000.00 12,150,000.00 0.00 75,714.75 75,714.75 0.00 0.00 12,150,000.00
IM1 6,750,000.00 6,750,000.00 0.00 44,122.50 44,122.50 0.00 0.00 6,750,000.00
IM2 3,712,000.00 3,712,000.00 0.00 26,061.33 26,061.33 0.00 0.00 3,712,000.00
IB 3,038,000.00 3,038,000.00 0.00 22,785.00 22,785.00 0.00 0.00 3,038,000.00
IIA1 207,025,000.00 198,087,680.88 3,621,540.68 1,047,973.25 4,669,513.93 0.00 0.00 194,466,140.20
IIB 11,025,000.00 11,025,000.00 0.00 81,302.10 81,302.10 0.00 0.00 11,025,000.00
IIM1 15,925,000.00 15,925,000.00 0.00 88,638.66 88,638.66 0.00 0.00 15,925,000.00
IIM2 11,025,000.00 11,025,000.00 0.00 66,017.16 66,017.16 0.00 0.00 11,025,000.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 380,000,000.00 368,459,330.73 4,755,233.310 2,068,772.20 6,824,005.51 0.00 0.00 363,704,097.42
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 161551BB1 940.83295114 25.76574159 4.88831318 30.65405477 915.06720955 IA1 6.033750 %
IA2 161551BC9 1,000.00000000 .00000000 5.88500000 5.88500000 1,000.00000000 IA2 7.062000 %
IA3 161551BD7 1,000.00000000 .00000000 5.98333333 5.98333333 1,000.00000000 IA3 7.180000 %
IA4 161551BE5 1,000.00000000 .00000000 6.32000000 6.32000000 1,000.00000000 IA4 7.584000 %
IA5 161551BF2 1,000.00000000 .00000000 6.53333364 6.53333364 1,000.00000000 IA5 7.840000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
Statement to Certificateholders
February 25 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA6 161551BG0 1,000.00000000 .00000000 6.23166667 6.23166667 1,000.00000000 IA6 7.478000 %
IM1 161551BH8 1,000.00000000 .00000000 6.53666667 6.53666667 1,000.00000000 IM1 7.844000 %
IM2 161551BJ4 1,000.00000000 .00000000 7.02083244 7.02083244 1,000.00000000 IM2 8.425000 %
IB 161551BK1 1,000.00000000 .00000000 7.50000000 7.50000000 1,000.00000000 IB 9.000000 %
IIA1 161551BL9 956.82975911 17.49325289 5.06206135 22.55531424 939.33650622 IIA1 6.143750 %
IIB 161551BM7 1,000.00000000 .00000000 7.37434014 7.37434014 1,000.00000000 IIB 8.563750 %
IIM1 161551BN5 1,000.00000000 .00000000 5.56600691 5.56600691 1,000.00000000 IIM1 6.463750 %
IIM2 161551BP0 1,000.00000000 .00000000 5.98795102 5.98795102 1,000.00000000 IIM2 6.953750 %
TOTALS 969.62981771 12.51377187 5.44413737 17.95790924 957.11604584
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 1 Gross Scheduled Interest 1,090,147.21
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 1,006.21
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 55,286.02
Sec. 4.05(i)(A)&(B) Group 1 Scheduled Principal 110,583.85
Group 1 Curtailments 12,361.90
Group 1 Prepayments 761,616.32
Group 1 Liquidations 0.00
Group 1 Repurchases 0.00
Group 1 Subsitution princial 0.00
Sec. 4.05(a)(i)(C) Group 1 Extra Principal Distribution Amount 249,013.95
Sec. 4.05(a)(xi) Group 1 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances 307,699.58
Group 1 Principal Advances 28,956.08
Group 1 Nonrecoverable Interest Advances 0.00
Group 1 Nonrecoverable Principal Advances 0.00
Sec. 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 132,686,453.87
Group 1 Ending Pool Stated Principal Balance 131,801,775.19
Sec. 4.05(a)(ix) Group 1 Net Mortgage Rate 9.35005748 %
Sec. 4.05(a)(xvii) Group 1 Trigger Event NO
Sec. 4.05(a)(iii) Class IA-1 Interest Carryforward Amount 0.00
Class IA-2 Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Class IA-3 Interest Carryforward Amount 0.00
Class IA-4 Interest Carryforward Amount 0.00
Class IA-5 Interest Carryforward Amount 0.00
Class IA-6 Interest Carryforward Amount 0.00
Class IM-1 Interest Carryforward Amount 0.00
Class IM-2 Interest Carryforward Amount 0.00
Class IB Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
February 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 2 Gross Scheduled Interest 1,937,248.51
Sec. 4.05(a)(vii) Group 2 Master Servicer Fee 1,807.07
Sec. 4.05(a)(vi) Group 2 Subservicer Fee 99,289.73
Sec. 4.05(i)(A)&(B) Group 2 Scheduled Principal 118,515.66
Group 2 Curtailments 118,501.06
Group 2 Prepayments 2,831,401.84
Group 2 Liquidations 0.00
Group 2 Repurchases 0.00
Group 2 Subsitution princial 0.00
Sec. 4.05(a)(i)(C) Group 2 Extra Principal Distribution Amount 552,220.54
Sec. 4.05(a)(xi) Group 2 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances 653,541.54
Group 2 Principal Advances 39,158.60
Group 2 Nonrecoverable Interest Advances 0.00
Group 2 Nonrecoverable Principal Advances 0.00
Sec. 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 238,295,341.72
Group 2 Ending Pool Stated Principal Balance 235,226,021.58
Sec. 4.05(a)(ix) Group 2 Net Mortgage Rate 9.24643388 %
Sec. 4.05(a)(xvii) Group 2 Trigger Event NO
Sec. 4.05(a)(iii) Class IIA-1 Interest Carryforward Amount 0.00
Class IIM-2 Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
February 25 2000
<TABLE>
<S> <C> <C>
Class IIB Interest Carryforward Amount 0.00
Class IIM-1 Interest Carryforward Amount 0.00
Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount 0.00
Class IIM-1 Interest Carryover Amount 0.00
Class IIM-2 Interest Carryover Amount 0.00
Class IIB Interest Carryover Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
February 25 2000
<TABLE>
<CAPTION>
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 36 2,980,245.75 2.26 %
2 Months 4 225,838.77 .17 %
3+Months 2 204,000.00 .15 %
Total 42 3,410,084.52 2.58 %
Group 2
Principal
Category Number Balance Percentage
1 Month 25 3,273,975.96 1.39 %
2 Months 10 926,634.63 .39 %
3+Months 2 124,605.00 .05 %
Total 37.00 4,325,215.59 1.83 %
Group Totals
Principal
Category Number Balance Percentage
1 Month 61 6,254,221.71 1.70 %
2 Months 14 1,152,473.40 .31 %
3+Months 4 328,605.00 .09 %
Total 79.00 7,735,300.11 2.10 %
</TABLE>
<TABLE>
<CAPTION>
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
Group 1
Principal
Number Balance Percentage
<S> <C> <C>
8.00 584,915.47 .44 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
February 25 2000
Group 2
Principal
Number Balance Percentage
13.00 1,703,431.84 .72 %
Group Totals
Principal
Number Balance Percentage
21.00 2,288,347.31 1.17 %
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
Group 1
Principal
Number Balance Percentage
.00 .00 .00 %
Group 2
Principal
Number Balance Percentage
.00 .00 .00 %
Group Totals
Principal
Number Balance Percentage
.00 .00 .00 %
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(xiv) Group 1 REO Loan Count 0.00
Sec. 4.05(a)(xiv) Group 1 REO Loan Balance 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(xiv) Group 2 REO Loan Count 0.00
Sec. 4.05(a)(xiv) Group 2 REO Loan Balance 0.00
Sec. 4.05(a)(xv) Total REO Loan Count 0.00
Sec. 4.05(a)(xv) Aggregate REO Loan Balance 0.00
</TABLE>
<TABLE>
<CAPTION>
Sec. 4.05(xvii) Liquidated Loans this Period
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C> <C>
</TABLE>
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(xv) Group 1 Aggregate Principal Balance of Liquidated Loans 0.00
Group 2 Aggregate Principal Balance of Liquidated Loans 0.00
Total Aggregate Principal Balance of Liquidated Loans 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
Statement to Certificateholders
February 25 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 43,000,000.00 42,582,765.66 155,951.32 220,148.46 376,099.78 0.00 0.00 42,426,814.34
IA2 18,500,000.00 18,500,000.00 0.00 109,766.67 109,766.67 0.00 0.00 18,500,000.00
IA3 18,500,000.00 18,500,000.00 0.00 110,907.50 110,907.50 0.00 0.00 18,500,000.00
IA4 16,000,000.00 16,000,000.00 0.00 99,920.00 99,920.00 0.00 0.00 16,000,000.00
IA5 11,640,000.00 11,640,000.00 0.00 75,116.80 75,116.80 0.00 0.00 11,640,000.00
IA6 11,960,000.00 11,960,000.00 0.00 73,823.10 73,823.10 0.00 0.00 11,960,000.00
IM1 4,550,000.00 4,550,000.00 0.00 29,320.96 29,320.96 0.00 0.00 4,550,000.00
IM2 2,925,000.00 2,925,000.00 0.00 20,172.75 20,172.75 0.00 0.00 2,925,000.00
IB 2,925,000.00 2,925,000.00 0.00 21,937.50 21,937.50 0.00 0.00 2,925,000.00
IIA1 205,200,000.00 203,994,319.77 1,019,883.48 1,073,952.18 2,093,835.66 0.00 0.00 202,974,436.29
IIM1 14,760,000.00 14,760,000.00 0.00 81,518.76 81,518.76 0.00 0.00 14,760,000.00
IIM2 10,440,000.00 10,440,000.00 0.00 60,806.11 60,806.11 0.00 0.00 10,440,000.00
IIB 9,600,000.00 9,600,000.00 0.00 67,900.33 67,900.33 0.00 0.00 9,600,000.00
R 0.00 0.00 0.00 844,679.09 844,679.09 0.00 0.00 0.00
TOTALS 370,000,000.00 368,377,085.43 1,175,834.800 2,889,970.21 4,065,805.01 0.00 0.00 367,201,250.63
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA1 161551BQ8 990.29687581 3.62677488 5.11973163 8.74650651 986.67010093 IA1 6.003750 %
IA2 161551BR6 1,000.00000000 .00000000 5.93333351 5.93333351 1,000.00000000 IA2 7.120000 %
IA3 161551BS4 1,000.00000000 .00000000 5.99500000 5.99500000 1,000.00000000 IA3 7.194000 %
IA4 161551BT2 1,000.00000000 .00000000 6.24500000 6.24500000 1,000.00000000 IA4 7.494000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
Statement to Certificateholders
February 25 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
IA5 161551BU9 1,000.00000000 .00000000 6.45333333 6.45333333 1,000.00000000 IA5 7.744000 %
IA6 161551BV7 1,000.00000000 .00000000 6.17250000 6.17250000 1,000.00000000 IA6 7.407000 %
IM1 161551BW5 1,000.00000000 .00000000 6.44416703 6.44416703 1,000.00000000 IM1 7.733000 %
IM2 161551BX3 1,000.00000000 .00000000 6.89666667 6.89666667 1,000.00000000 IM2 8.276000 %
IB 161551BY1 1,000.00000000 .00000000 7.50000000 7.50000000 1,000.00000000 IB 9.000000 %
IIA1 161551BZ8 994.12436535 4.97019240 5.23368509 10.20387749 989.15417295 IIA1 6.113750 %
IIM1 161551CA2 1,000.00000000 .00000000 5.52295122 5.52295122 1,000.00000000 IIM1 6.413750 %
IIM2 161551CB0 1,000.00000000 .00000000 5.82434004 5.82434004 1,000.00000000 IIM2 6.763750 %
IIB 161551CC8 1,000.00000000 .00000000 7.07295104 7.07295104 1,000.00000000 IIB 8.213750 %
TOTALS 995.61374441 3.17793189 7.81073030 10.98866219 992.43581251
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,064,766.23
Adjustment to interest for prior payments deposited in error 874.45
Sec 4.05(a)(vi) Group 1 Master Servicing Fee 982.02
Group 1 Servicing Fee 53,995.67
Group 1 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 1 Principal Funds
Scheduled Principal 116,405.26
Curtailments 39,546.06
Prepayments 0.00
Liquidations 0.00
Repurchases 0.00
Substitution principal 0.00
Group 1 Extra Principal Paid 0.00
Sec 4.05(a)(xi)&(xii) Current Group 1 Realized Loss 0.00
Cumulative Group 1 Realized Loss 0.00
Current Group 1 Applied Realized Loss 0.00
Cumulative Group 1 Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances 207,958.13
Group 1 Principal Advances 20,306.16
Group 1 Nonrecoverable Interest Advances 0.00
Group 1 Nonrecoverable Principal Advances 0.00
Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 129,589,613.76
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
February 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 129,433,662.44
Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.35063682 %
Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? NO
Sec. 4.05(a)(xxii) Current Months:
Number of Group 1 Loans Modified 0
Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0
Number of Group 1 Loans For Which a Short Payoff Occurred 0
Number of Group 1 Loans Repurchased 0
Balance of Group 1 Loans Repurchased 0.00
Sec. 4.05(a)(xxiii) Year To Date:
Number of Group 1 Loans Modified 0
Number of Group 1 Loans Subject to a Deed In Lieu of Foreclosure 0
Number of Group 1 Loans For Which a Short Payoff Occurred 0
Number of Group 1 Loans Repurchased 0
Balance of Group 1 Loans Repurchased 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(xix) Beginning Class IA-1 Interest Carryforward Amount 0.00
Beginning Class IA-2 Interest Carryforward Amount 0.00
Beginning Class IA-3 Interest Carryforward Amount 0.00
Beginning Class IA-4 Interest Carryforward Amount 0.00
Beginning Class IA-5 Interest Carryforward Amount 0.00
Beginning Class IA-6 Interest Carryforward Amount 0.00
Beginning Class IM-1 Interest Carryforward Amount 0.00
Beginning Class IM-2 Interest Carryforward Amount 0.00
Beginning Class IB Interest Carryforward Amount 0.00
Sec. 4.05(a)(xix) Class IA-1 Interest Carryforward Amount Paid 0.00
Class IA-2 Interest Carryforward Amount Paid 0.00
Class IA-3 Interest Carryforward Amount Paid 0.00
Class IA-4 Interest Carryforward Amount Paid 0.00
Class IA-5 Interest Carryforward Amount Paid 0.00
Class IA-6 Interest Carryforward Amount Paid 0.00
Class IM-1 Interest Carryforward Amount Paid 0.00
Class IM-2 Interest Carryforward Amount Paid 0.00
Class IB Interest Carryforward Amount Paid 0.00
Sec. 4.05(a)(xix) Ending Class IA-1 Interest Carryforward Amount 0.00
Ending Class IA-2 Interest Carryforward Amount 0.00
Ending Class IA-3 Interest Carryforward Amount 0.00
Ending Class IA-4 Interest Carryforward Amount 0.00
Ending Class IA-5 Interest Carryforward Amount 0.00
Ending Class IA-6 Interest Carryforward Amount 0.00
Ending Class IM-1 Interest Carryforward Amount 0.00
Ending Class IM-2 Interest Carryforward Amount 0.00
Ending Class IB Interest Carryforward Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
February 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,982,365.14
Sec 4.05(a)(vi) Group 2 Master Servicing Fee 1,810.87
Group 2 Servicing Fee 99,498.15
Group 2 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 2 Principal Funds
Scheduled Principal 111,023.58
Curtailments 19,222.47
Prepayments 889,637.43
Liquidations 0.00
Repurchases 0.00
Substitution principal 0.00
Group 2 Extra Principal Paid 0.00
Sec 4.05(a)(xi)&(xii) Current Group 2 Realized Loss 0.00
Cumulative Group 2 Realized Loss 0.00
Current Group 2 Applied Realized Loss 0.00
Cumulative Group 2 Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances 511,511.87
Group 2 Principal Advances 28,221.89
Group 2 Nonrecoverable Interest Advances 0.00
Group 2 Nonrecoverable Principal Advances 0.00
Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 238,795,554.98
Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 237,775,671.50
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
February 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.45271803 %
Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? NO
Sec. 4.05(a)(xxi)&(xxii) Current Months:
Number of Group 2 Loans Modified 0
Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0
Number of Group 2 Loans For Which a Short Payoff Occurred 0
Number of Group 2 Loans Repurchased 0
Balance of Group 2 Loans Repurchased 0.00
Sec. 4.05(a)(xxiii) Year To Date:
Number of Group 2 Loans Modified 0
Number of Group 2 Loans Subject to a Deed In Lieu of Foreclosure 0
Number of Group 2 Loans For Which a Short Payoff Occurred 0
Number of Group 2 Loans Repurchased 0
Balance of Group 2 Loans Repurchased 0.00
Sec. 4.05(a)(xix) Beginning Class IIA-1 Interest Carryforward Amount 0.00
Beginning Class IIM-1 Interest Carryforward Amount 0.00
Beginning Class IIM-2 Interest Carryforward Amount 0.00
Beginning Class IIB Interest Carryforward Amount 0.00
Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
February 25 2000
<TABLE>
<S> <C> <C>
Class IIM-1 Interest Carryforward Amount Paid 0.00
Class IIM-2 Interest Carryforward Amount Paid 0.00
Class IIB Interest Carryforward Amount Paid 0.00
Sec. 4.05(a)(xix) Ending Class IIA-1 Interest Carryforward Amount 0.00
Ending Class IIM-1 Interest Carryforward Amount 0.00
Ending Class IIM-2 Interest Carryforward Amount 0.00
Ending Class IIB Interest Carryforward Amount 0.00
Sec. 4.05(a)(viii) Beginning Class IIA-1 Interest Carryover Amount 0.00
Beginning Class IIM-1 Interest Carryover Amount 0.00
Beginning Class IIM-2 Interest Carryover Amount 0.00
Beginning Class IIB Interest Carryover Amount 0.00
Sec. 4.05(a)(viii) Class IIA-1 Interest Carryover Amount Paid 0.00
Class IIM-2 Interest Carryover Amount Paid 0.00
Class IIM-1 Interest Carryover Amount Paid 0.00
Class IIB Interest Carryover Amount Paid 0.00
Sec. 4.05(a)(viii) Ending Class IIA-1 Interest Carryover Amount 0.00
Ending Class IIM-1 Interest Carryover Amount 0.00
Ending Class IIM-2 Interest Carryover Amount 0.00
Ending Class IIB Interest Carryover Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
February 25 2000
<TABLE>
<CAPTION>
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 9 654,887.44 .51 %
2 Months 0 .00 .00 %
3+Months 0 .00 .00 %
Total 9 654,887.44 .51 %
Group 2
Principal
Category Number Balance Percentage
1 Month 11 1,180,287.62 .50 %
2 Months 0 .00 .00 %
3+Months 0 .00 .00 %
Total 11.00 1,180,287.62 .50 %
Group Totals
Principal
Category Number Balance Percentage
1 Month 20 1,835,175.06 .50 %
2 Months 0 .00 .00 %
3+Months 0 .00 .00 %
Total 20.00 1,835,175.06 .50 %
</TABLE>
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
Group 1
Principal
Number Balance Percentage
<S> <C> <C>
.00 .00 .00 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 10
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
February 25 2000
Group 2
Principal
Number Balance Percentage
.00 .00 .00 %
Group Totals
Principal
Number Balance Percentage
.00 .00 .00 %
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
Sec. 4.05(xvii) Liquidated Loans this Period
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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