|
|
|
|
|
|
|
|
|
|
|
|
|
|
Previous: PRODIGY COMMUNICATIONS CORP, DEFM14A, 2000-05-09 |
Next: ALLIANCE VARIABLE PRODUCTS SERIES FUND INC, 497, 2000-05-09 |
<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: April 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 jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
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 4/25/2000, 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 and Series 2000-1
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 April 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: May 9, 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 April 25, 2000.
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
Statement to Certificateholders
April 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 38,838,597.56 1,681,277.40 193,286.75 1,874,564.15 0.00 0.00 37,157,320.16
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 82,980,817.71 5,827,871.57 426,809.53 6,254,681.10 0.00 0.00 77,152,946.14
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 95,197.03 95,197.03 0.00 0.00 17,625,000.00
IIM2 11,750,000.00 11,750,000.00 0.00 68,386.63 68,386.63 0.00 0.00 11,750,000.00
IIB 8,225,000.00 8,225,000.00 0.00 58,803.04 58,803.04 0.00 0.00 8,225,000.00
R 0.00 0.00 0.00 685,694.95 685,694.95 0.00 0.00 0.00
TOTALS 365,000,000.00 291,569,415.27 7,509,148.97 2,214,045.41 9,723,194.38 0.00 0.00 284,060,266.30
</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 686.19430318 29.70454770 3.41496025 33.11950795 656.48975548 IA1 5.972000%
IA2 161551AB2 1,000.00000000 0.00000000 5.04166681 5.04166681 1,000.00000000 IA2 6.050000%
IA3 161551AC0 1,000.00000000 0.00000000 5.29583333 5.29583333 1,000.00000000 IA3 6.355000%
IA4 161551AD8 1,000.00000000 0.00000000 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
April 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 0.00000000 5.25833308 5.25833308 1,000.00000000 IA5 6.310000%
IM1 161551AF3 1,000.00000000 0.00000000 5.65833405 5.65833405 1,000.00000000 IM1 6.790000%
IM2 161551AG1 1,000.00000000 0.00000000 6.02916484 6.02916484 1,000.00000000 IM2 7.235000%
IB 161551AH9 1,000.00000000 0.00000000 6.97083265 6.97083265 1,000.00000000 IB 8.365000%
IIA1 161551AJ5 598.49129254 42.03297202 3.07832333 45.11129535 556.45832052 IIA1 6.385000%
IIA2 161551AK2 1,000.00000000 0.00000000 4.95583336 4.95583336 1,000.00000000 IIA2 5.947000%
IIM1 161551AK2 1,000.00000000 0.00000000 5.40124993 5.40124993 1,000.00000000 IIM1 6.705000%
IIM2 161551AL0 1,000.00000000 0.00000000 5.82013872 5.82013872 1,000.00000000 IIM2 7.225000%
IIB 161551AM8 1,000.00000000 0.00000000 7.14930578 7.14930578 1,000.00000000 IIB 8.875000%
TOTALS 798.82031581 20.57301088 6.06587784 26.63888871 778.24730493
</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
April 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(ii) Group 1 Scheduled Interest 936,912.85
Sec 4.05(a)(vi) Group 1 Master Servicing Fee 857.55
Group 1 Servicing Fee 47,118.17
Sec. 4.05(a)(i) Group 1 Principal Funds
Scheduled Principal 108,009.16
Curtailments 74,030.91
Prepayments 1,383,293.16
Liquidations 115,944.17
Repurchases 0.00
Substitution Principal 0.00
Group 1 Extra Principal Paid 49,834.18
Group 1 Interest Funds Remaining After Certficiate Interest 300,938.10
Group 2 Funds Diverted To Group 1 0.00
Sec 4.05(a)(xi)&(xii) Group 1 Current Realized Loss 49,834.18
Group 1 Cumulative Realized Loss 71,774.15
Group 1 Current Applied Realized Loss 0.00
Group 1 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances 308,486.80
Group 1 Principal Advances 32,222.36
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 113,083,597.56
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 111,402,320.16
Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.43305999%
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
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
April 25 2000
<TABLE>
<S> <C> <C>
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 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 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 1999-1
April 25 2000
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,523,264.08
Sec 4.05(a)(vi) Group 2 Master Servicing Fee 1,395.57
Group 2 Servicing Fee 76,679.51
Sec. 4.05(a)(i) Group 2 Principal Funds
Scheduled Principal 96,520.40
Curtailments 22,183.64
Prepayments 5,402,799.12
Liquidations 305,836.91
Repurchases 0.00
Substitution principal 0.00
Group 2 Extra Principal Paid 67,762.22
Group 2 Interest Funds Remaining After Certficiate Interest 502,353.24
Group 1 Funds Diverted To Group 2 0.00
Sec 4.05(a)(xi)&(xii) Group 2 Current Realized Loss 68,293.72
Group 2 Cumulative Realized Loss 286,458.80
Group 2 Current Applied Realized Loss 0.00
Group 2 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances 600,644.63
Group 2 Principal Advances 37,646.70
Group 2 Nonrecoverable Interest Advances 2,484.32
Group 2 Nonrecoverable Principal Advances -531.50
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 184,030,817.71
Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 178,202,946.14
Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.42356753 %
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
April 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00
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 10
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
April 25 2000
<TABLE>
<S> <C>
Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
<S> <C> <C> <C> <C>
Group 1
Principal
Category Number Balance Percentage
1 Month 28 2,346,806.72 2.11%
2 Months 8 609,796.32 0.55%
3+Months 10 530,853.82 0.48%
Total 46 3,487,456.86 3.14%
Group 2
Principal
Category Number Balance Percentage
1 Month 39 4,066,241.29 2.28%
2 Months 10 1,236,700.85 0.69%
3+Months 12 1,926,830.54 1.08%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 11
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
April 25 2000
<TABLE>
<S> <C> <C> <C> <C>
Total 61 7,229,772.68 4.05%
Group Totals
Principal
Category Number Balance Percentage
1 Month 67 6,413,048.01 2.21%
2 Months 18 1,846,497.17 0.64%
3+Months 22 2,457,684.36 0.85%
Total 107 10,717,229.54 3.70%
<S> <C>
Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
<S> <C> <C> <C>
Group 1
Principal
Number Balance Percentage
39 2,652,240.09 2.38%
Group 2
Principal
Number Balance Percentage
47 5,368,144.61 3.01%
Group Totals
Principal
Number Balance Percentage
86 8,020,384.70 5.39%
<S> <C>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
<CAPTION>
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C> <C>
05/01/1999 grp1 1097034587 56,044.79
03/01/1999 grp2 1094244969 81,000.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 12
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
April 25 2000
<TABLE>
<S> <C> <C> <C>
10/01/1999 grp2 1094248143 44,981.13
12/01/1999 grp2 1096077336 354,028.26
<S> <C>
Sec. 4.05(xvii) Liquidated Loans this Period
<CAPTION>
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C> <C>
grp1 1095151910 03/22/2000 0.00 0.00 44,061.34 1
grp1 1875007905 03/30/2000 0.00 0.00 71,882.83 1
grp2 1094202186 03/17/2000 0.00 0.00 176,562.44 2
grp2 1095121192 03/23/2000 0.00 0.00 62,264.03 2
grp2 1852000317 03/30/2000 0.00 0.00 67,010.44 2
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
Statement to Certificateholders
April 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 61,513,391.93 2,563,057.52 308,959.55 2,872,017.07 0.00 0.00 58,950,334.41
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 323,950,000.00 273,169,973.78 6,465,451.96 1,402,841.64 7,868,293.60 0.00 0.00 266,704,521.82
IIM1 22,800,000.00 22,800,000.00 0.00 120,944.50 120,944.50 0.00 0.00 22,800,000.00
IIM2 18,050,000.00 18,050,000.00 0.00 102,145.45 102,145.45 0.00 0.00 18,050,000.00
IIB 15,200,000.00 15,200,000.00 0.00 107,445.00 107,445.00 0.00 0.00 15,200,000.00
R 0.00 0.00 0.00 1,262,455.60 1,262,455.60 0.00 0.00 0.00
TOTALS 580,000,000.00 514,114,365.71 9,028,509.48 4,053,100.96 13,081,610.44 0.00 0.00 505,085,856.23
<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 802.84775225 33.45198345 4.03241428 37.48439773 769.39576880 IA1 6.235000%
IA2 161551AQ9 1,000.00000000 0.00000000 5.71666660 5.71666660 1,000.00000000 IA2 6.860000%
IA3 161551AR7 1,000.00000000 0.00000000 6.07333400 6.07333400 1,000.00000000 IA3 7.288000%
IA4 161551AS5 1,000.00000000 0.00000000 6.30416645 6.30416645 1,000.00000000 IA4 7.565000%
IA5 161551AT3 1,000.00000000 0.00000000 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
April 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 0.00000000 6.31083333 6.31083333 1,000.00000000 IM1 7.573000%
IM2 161551AV8 1,000.00000000 0.00000000 6.55750000 6.55750000 1,000.00000000 IM2 7.869000%
IB 161551AW6 1,000.00000000 0.00000000 7.29166727 7.29166727 1,000.00000000 IB 8.750000%
IIA1 161551AX4 843.24733379 19.95817861 4.33042642 24.28860503 823.28915518 IIA1 6.375000%
IIM1 161551AY2 1,000.00000000 0.00000000 5.30458333 5.30458333 1,000.00000000 IIM1 6.585000%
IIM2 161551AZ9 1,000.00000000 0.00000000 5.65902770 5.65902770 1,000.00000000 IIM2 7.025000%
IIB 161551BA3 1,000.00000000 0.00000000 7.06875000 7.06875000 1,000.00000000 IIB 8.775000%
TOTALS 886.40407881 15.56639566 6.98810510 22.55450076 870.83768316
</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
April 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 1 Gross Scheduled Interest 1,550,447.90
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 1,139.98
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 78,081.00
Sec. 4.05(i)(A)&(B) Group 1 Scheduled Principal 179,342.85
Group 1 Curtailments 29,387.94
Group 1 Prepayments 2,353,944.70
Group 1 Liquidations 0.00
Group 1 Repurchases 0.00
Group 1 Subsitution Principal 0.00
Sec. 4.05(a)(i)(C) Group 1 Extra Principal Distribution Amount 340.00
Group 1 Interest Funds Remaining After Certificate Interest Distribution 413,958.14
Group 2 Funds Diverted To Group 1 0.00
Sec. 4.05(a)(xi) Group 1 Current Realized Loss 340.00
Group 1 Cumulative Realized Loss 14,056.78
Group 1 Current Applied Realized Loss 0.00
Group 1 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances 484,703.66
Group 1 Principal Advances 47,216.47
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 187,394,391.93
Group 1 Ending Pool Stated Principal Balance 184,831,334.41
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
April 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(ix) Group 1 Net Mortgage Rate 9.42115802%
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
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
April 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 2 Gross Scheduled Interest 2,738,691.68
Sec. 4.05(a)(vii) Group 2 Master Servicer Fee 2,043.21
Sec. 4.05(a)(vi) Group 2 Subservicer Fee 139,945.82
Sec. 4.05(i)(A)&(B) Group 2 Scheduled Principal 176,131.03
Group 2 Curtailments 16,735.72
Group 2 Prepayments 6,185,548.22
Group 2 Liquidations 87,088.03
Group 2 Repurchases 0.00
Group 2 Subsitution Principal 0.00
Sec. 4.05(a)(i)(C) Group 2 Extra Principal Distribution Amount 14,220.18
Group 2 Interest Funds Remaining After Certificate Interest Distribution 863,057.63
Group 1 Funds Diverted To Group 2 0.00
Sec. 4.05(a)(xi) Group 2 Current Realized Loss 14,200.81
Group 2 Cumulative Realized Loss 62,977.67
Group 2 Current Applied Realized Loss 0.00
Group 2 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances 1,003,319.79
Group 2 Principal Advances 63,415.70
Group 2 Nonrecoverable Interest Advances 268.43
Group 2 Nonrecoverable Principal Advances 19.37
Sec. 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 335,869,973.78
Group 2 Ending Pool Stated Principal Balance 329,404,521.82
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
April 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(ix) Group 2 Net Mortgage Rate 9.27752823%
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-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
April 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> <C>
1 Month 39 3,063,414.83 1.66%
2 Months 6 529,481.63 0.29%
3+Months 15 1,126,002.94 0.61%
Total 60 4,718,899.40 2.56%
<CAPTION>
Group 2
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 51 6,157,567.11 1.87%
2 Months 21 2,868,616.36 0.87%
3+Months 9 983,644.59 0.30%
Total 81 10,009,828.06 3.04%
<CAPTION>
Group Totals
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 90 9,220,981.94 1.79%
2 Months 27 3,398,097.99 0.66%
3+Months 24 2,109,647.53 0.41%
Total 141 14,728,727.46 2.86%
<S> <C>
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
April 25 2000
<TABLE>
<CAPTION>
Group 1
Principal
Number Balance Percentage
<S> <C> <C> <C>
41 3,636,239.12 1.97%
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C> <C>
58 6,441,433.76 1.96%
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C> <C>
99 10,077,672.88 3.92%
<CAPTION>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
Group 1
Principal
Number Balance Percentage
<S> <C> <C> <C>
3 144,619.26 0.08%
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C> <C>
5 577,865.66 0.18%
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C> <C>
8 722,484.92 0.25%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
April 25 2000
<TABLE>
<CAPTION>
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C> <C>
08/01/1999 grp1 1094197789 22,549.17
05/02/1999 grp1 1094229502 58,391.83
07/01/1999 grp1 1874002644 63,678.26
05/01/1999 grp2 1094252515 67,475.12
08/01/1999 grp2 1094256629 43,150.78
07/01/1999 grp2 1095162407 174,354.61
06/01/1999 grp2 1095165143 224,926.49
07/01/1999 grp2 1852001900 67,958.66
<S> <C>
Sec. 4.05(xvii) Liquidated Loans this Period
<CAPTION>
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C> <C>
grp2 1094275361 03/14/2000 0.00 0.00 41,136.89 2
grp2 1095157203 03/31/2000 0.00 0.00 45,951.14 2
<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 87,088.03
Total Aggregate Principal Balance of Liquidated Loans 87,088.03
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
Statement to Certificateholders
April 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 39,313,801.51 1,325,940.50 200,942.67 1,526,883.17 0.00 0.00 37,987,861.01
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 207,025,000.00 191,728,943.16 3,011,590.93 996,963.88 4,008,554.81 0.00 0.00 188,717,352.23
IIB 11,025,000.00 11,025,000.00 0.00 78,821.09 78,821.09 0.00 0.00 11,025,000.00
IIM1 15,925,000.00 15,925,000.00 0.00 86,912.90 86,912.90 0.00 0.00 15,925,000.00
IIM2 11,025,000.00 11,025,000.00 0.00 64,522.28 64,522.28 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 380,000,000.00 360,017,744.67 4,337,531.43 1,997,918.07 6,335,449.50 0.00 0.00 355,680,213.24
</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 893.49548886 30.13501136 4.56687886 34.70189023 863.36047750 IA1 6.345000%
IA2 161551BC9 1,000.00000000 0.00000000 5.88500000 5.88500000 1,000.00000000 IA2 7.062000%
IA3 161551BD7 1,000.00000000 0.00000000 5.98333333 5.98333333 1,000.00000000 IA3 7.180000%
IA4 161551BE5 1,000.00000000 0.00000000 6.32000000 6.32000000 1,000.00000000 IA4 7.584000%
IA5 161551BF2 1,000.00000000 0.00000000 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
April 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 0.00000000 6.23166667 6.23166667 1,000.00000000 IA6 7.478000%
IM1 161551BH8 1,000.00000000 0.00000000 6.53666667 6.53666667 1,000.00000000 IM1 7.844000%
IM2 161551BJ4 1,000.00000000 0.00000000 7.02083244 7.02083244 1,000.00000000 IM2 8.425000%
IB 161551BK1 1,000.00000000 0.00000000 7.50000000 7.50000000 1,000.00000000 IB 9.000000%
IIA1 161551BL9 926.11492892 14.54699157 4.81566903 19.36266060 911.56793735 IIA1 6.455000%
IIB 161551BM7 1,000.00000000 0.00000000 7.14930522 7.14930522 1,000.00000000 IIB 8.875000%
IIM1 161551BN5 1,000.00000000 0.00000000 5.45763893 5.45763893 1,000.00000000 IIM1 6.775000%
IIM2 161551BP0 1,000.00000000 0.00000000 5.85236100 5.85236100 1,000.00000000 IIM2 7.265000%
TOTALS 947.41511755 11.41455639 5.25767913 16.67223553 936.00056116
</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
April 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 1 Gross Scheduled Interest 1,076,827.40
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 994.16
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 54,624.24
Sec. 4.05(i)(A)&(B) Group 1 Scheduled Principal 111,747.74
Group 1 Curtailments 18,633.65
Group 1 Prepayments 945,112.55
Group 1 Liquidations 0.00
Group 1 Repurchases 0.00
Group 1 Subsitution Principal 0.00
Sec. 4.05(a)(i)(C) Group 1 Extra Principal Distribution Amount 250,511.08
Group 1 Interest Funds Remaining After Certificate Interest Distribution 250,511.08
Group 2 Funds Diverted To Group 1 0.00
Group 1 Current Applied Realized Loss 0.00
Sec. 4.05(a)(xi) Group 1 Current Realized Loss 0.00
Group 1 Cumulative Realized Loss 0.00
Group 1 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 1 Interest Advances 311,722.08
Group 1 Principal Advances 29,281.31
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 131,098,173.25
Group 1 Ending Pool Stated Principal Balance 130,022,743.83
Sec. 4.05(a)(ix) Group 1 Net Mortgage Rate 9.34758062%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
April 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(xvii) Does a Group 1 Trigger Event Exist? NO
Sec. 4.05(a)(iii) 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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
April 25 2000
<TABLE>
<S> <C> <C>
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 1999-3
April 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 2 Gross Scheduled Interest 1,898,379.39
Sec. 4.05(a)(vii) Group 2 Master Servicer Fee 1,767.09
Sec. 4.05(a)(vi) Group 2 Subservicer Fee 97,093.10
Sec. 4.05(i)(A)&(B) Group 2 Scheduled Principal 117,528.34
Group 2 Curtailments 18,323.17
Group 2 Prepayments 2,305,285.13
Group 2 Liquidations 0.00
Group 2 Repurchases 0.00
Group 2 Subsitution Principal 0.00
Sec. 4.05(a)(i)(C) Group 2 Extra Principal Distribution Amount 572,299.05
Group 2 Interest Funds Remaining After Certificate Interest Distribution 572,299.05
Group 1 Funds Diverted To Group 2 0.00
Sec. 4.05(a)(xi) Group 2 Current Realized Loss 1,909.18
Group 2 Cumulative Realized Loss 5,536.19
Group 2 Current Applied Realized Loss 0.00
Group 2 Cumulative Applied Realized Loss 0.00
Sec 4.05(a)(x) Group 2 Interest Advances 652,905.59
Group 2 Principal Advances 38,520.44
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 233,023,437.72
Group 2 Ending Pool Stated Principal Balance 230,582,236.66
Sec. 4.05(a)(ix) Group 2 Net Mortgage Rate 9.26697851%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
April 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(xvii) Does a Group 2 Trigger Event Exist? NO
Sec. 4.05(a)(iii) 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
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
April 25 2000
<TABLE>
<S> <C> <C>
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 1999-3
April 25 2000
<TABLE>
<S> <C>
Sec. 4.05(a)(xii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
<CAPTION>
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 19 1,422,649.88 1.09%
2 Months 11 630,892.58 0.49%
3+Months 4 357,278.81 0.27%
Total 34 2,410,821.27 1.85%
<CAPTION>
Group 2
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 26 3,139,360.07 1.36%
2 Months 8 743,399.07 0.32%
3+Months 3 304,562.59 0.13%
Total 37 4,187,321.73 1.81%
<CAPTION>
Group Totals
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 45 4,562,009.95 1.27%
2 Months 19 1,374,291.65 0.38%
3+Months 7 661,841.40 0.18%
Total 71 6,598,143.00 1.83%
<S> <C>
Sec. 4.05(a)(xii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
<CAPTION>
Group 1
Principal
Number Balance Percentage
<S> <C> <C> <C>
13 1,147,841.90 0.88%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 10
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
April 25 2000
<TABLE>
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C> <C>
22 2,449,060.47 1.06%
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C> <C>
35 3,596,902.37 1.94%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 11
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
April 25 2000
<TABLE>
<S> <C>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
<CAPTION>
Group 1
Principal
Number Balance Percentage
<S> <C> <C> <C>
1 64,000.00 0.05%
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C> <C>
0 .00 0.00%
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C> <C>
1 64,000.00 0.05%
<CAPTION>
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C> <C>
09/01/1999 grp1 1852002957 64,000.00
<S> <C>
Sec. 4.05(xvii) Liquidated Loans this Period
<CAPTION>
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C> <C>
<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
April 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 42,088,140.91 909,954.17 214,105.88 1,124,060.05 0.00 0.00 41,178,186.74
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 205,200,000.00 201,609,906.73 2,207,167.91 1,043,471.27 3,250,639.18 0.00 0.00 199,402,738.82
IIM1 14,760,000.00 14,760,000.00 0.00 79,960.25 79,960.25 0.00 0.00 14,760,000.00
IIM2 10,440,000.00 10,440,000.00 0.00 59,500.75 59,500.75 0.00 0.00 10,440,000.00
IIB 9,600,000.00 9,600,000.00 0.00 65,926.67 65,926.67 0.00 0.00 9,600,000.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 370,000,000.00 365,498,047.64 3,117,122.08 2,003,930.10 5,121,052.18 0.00 0.00 362,380,925.56
</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 978.79397465 21.16172488 4.97920651 26.14093140 957.63224977 IA1 6.315000%
IA2 161551BR6 1,000.00000000 0.00000000 5.93333351 5.93333351 1,000.00000000 IA2 7.120000%
IA3 161551BS4 1,000.00000000 0.00000000 5.99500000 5.99500000 1,000.00000000 IA3 7.194000%
IA4 161551BT2 1,000.00000000 0.00000000 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
April 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 0.00000000 6.45333333 6.45333333 1,000.00000000 IA5 7.744000%
IA6 161551BV7 1,000.00000000 0.00000000 6.17250000 6.17250000 1,000.00000000 IA6 7.407000%
IM1 161551BW5 1,000.00000000 0.00000000 6.44416703 6.44416703 1,000.00000000 IM1 7.733000%
IM2 161551BX3 1,000.00000000 0.00000000 6.89666667 6.89666667 1,000.00000000 IM2 8.276000%
IB 161551BY1 1,000.00000000 0.00000000 7.50000000 7.50000000 1,000.00000000 IB 9.000000%
IIA1 161551BZ8 982.50441876 10.75617890 5.08514264 15.84132154 971.74823986 IIA1 6.425000%
IIM1 161551CA2 1,000.00000000 0.00000000 5.41736111 5.41736111 1,000.00000000 IIM1 6.725000%
IIM2 161551CB0 1,000.00000000 0.00000000 5.69930556 5.69930556 1,000.00000000 IIM2 7.075000%
IIB 161551CC8 1,000.00000000 0.00000000 6.86736146 6.86736146 1,000.00000000 IIB 8.525000%
TOTALS 987.83256119 8.42465427 5.41602730 13.84068157 979.40790692
</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
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,060,495.36
Sec 4.05(a)(vi) Group 1 Master Servicing Fee 978.97
Group 1 Servicing Fee 53,789.58
Group 1 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 1 Principal Funds
Scheduled Principal 118,668.12
Curtailments 46,983.05
Prepayments 493,647.35
Liquidations 0.00
Repurchases 0.00
Substitution Principal 0.00
Group 1 Extra Principal Paid 250,655.65
Group 1 Interest Funds Remaining After Certificate Interest 250,655.65
Group 2 Funds Diverted to Group 1 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 257,139.60
Group 1 Principal Advances 27,223.27
Group 1 Nonrecoverable Interest Advances 0.00
Group 1 Nonrecoverable Principal Advances 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 129,094,989.01
Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 128,435,690.49
Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.34871355%
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
April 25 2000
<TABLE>
<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
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,961,465.78
Sec 4.05(a)(vi) Group 2 Master Servicing Fee 1,792.78
Group 2 Servicing Fee 98,504.64
Group 2 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 2 Principal Funds
Scheduled Principal 112,223.62
Curtailments 31,412.25
Prepayments 1,451,222.63
Liquidations 0.00
Repurchases 0.00
Substitution principal 0.00
Group 2 Extra Principal Paid 612,309.41
Group 2 Interest Funds Remaining After Certificate Interest 612,309.41
Group 1 Funds Diverted to Group 2 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 575,797.93
Group 2 Principal Advances 32,224.11
Group 2 Nonrecoverable Interest Advances 0.00
Group 2 Nonrecoverable Principal Advances 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 236,411,141.94
Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 234,816,283.44
Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.44711129 %
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
April 25 2000
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(xix) Class IIA-1 Interest Carryforward Amount Paid 0.00
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
April 25 2000
<TABLE>
<S> <C>
Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
<CAPTION>
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 8 432,450.00 0.34%
2 Months 2 287,847.00 0.22%
3+Months 0 0.00 0.00%
Total 10 720,297.00 .56%
<CAPTION>
Group 2
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 14 1,669,506.00 0.71%
2 Months 7 698,324.00 0.30%
3+Months 1 127,500.00 0.05%
Total 22 2,495,330.00 1.06%
<CAPTION>
Group Totals
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 22 2,101,956.00 0.58%
2 Months 9 986,171.00 0.27%
3+Months 1 127,500.00 0.04%
Total 32 3,215,627.00 0.89%
<S> <C>
Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
<CAPTION>
Group 1
Principal
Number Balance Percentage
<S> <C> <C> <C>
3 377,500.00 0.72%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 10
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
April 25 2000
<TABLE>
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C> <C>
6 612,777.00 0.26%
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C> <C>
9 990,277.00 0.99%
<S> <C>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
<CAPTION>
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C> <C>
<S> <C>
Sec. 4.05(xvii) Liquidated Loans this Period
<CAPTION>
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C> <C>
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 2000-1
Statement to Certificateholders
April 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 44,800,000.00 44,800,000.00 558,832.83 248,610.13 807,442.96 0.00 0.00 44,241,167.17
IA2 17,500,000.00 17,500,000.00 0.00 110,425.00 110,425.00 0.00 0.00 17,500,000.00
IA3 17,000,000.00 17,000,000.00 0.00 108,715.00 108,715.00 0.00 0.00 17,000,000.00
IA4 17,000,000.00 17,000,000.00 0.00 111,874.17 111,874.17 0.00 0.00 17,000,000.00
IA5 10,170,000.00 10,170,000.00 0.00 69,596.70 69,596.70 0.00 0.00 10,170,000.00
IA6 11,830,000.00 11,830,000.00 0.00 76,904.86 76,904.86 0.00 0.00 11,830,000.00
IM1 3,900,000.00 3,900,000.00 0.00 26,497.25 26,497.25 0.00 0.00 3,900,000.00
IM2 4,225,000.00 4,225,000.00 0.00 29,747.52 29,747.52 0.00 0.00 4,225,000.00
IB 3,575,000.00 3,575,000.00 0.00 26,812.50 26,812.50 0.00 0.00 3,575,000.00
IIA1 239,400,000.00 239,400,000.00 692,322.68 1,354,206.00 2,046,528.68 0.00 0.00 238,707,677.32
IIM1 16,100,000.00 16,100,000.00 0.00 93,648.33 93,648.33 0.00 0.00 16,100,000.00
IIM2 13,300,000.00 13,300,000.00 0.00 81,854.11 81,854.11 0.00 0.00 13,300,000.00
IIB 11,200,000.00 11,200,000.00 0.00 79,383.11 79,383.11 0.00 0.00 11,200,000.00
R 0.00 0.00 0.00 820,143.76 820,143.76 0.00 0.00 0.00
TOTALS 410,000,000.00 410,000,000.00 1,251,155.51 3,238,418.44 4,489,573.95 0.00 0.00 408,748,844.49
</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 161551cd6 1,000.00000000 12.47394710 5.54933326 18.02328036 987.52605290 IA1 6.243000%
IA2 161551ce4 1,000.00000000 0.00000000 6.31000000 6.31000000 1,000.00000000 IA2 7.572000%
IA3 161551cf1 1,000.00000000 0.00000000 6.39500000 6.39500000 1,000.00000000 IA3 7.674000%
IA4 161551cg9 1,000.00000000 0.00000000 6.58083353 6.58083353 1,000.00000000 IA4 7.897000%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 2000-1
Statement to Certificateholders
April 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 161551ch7 1,000.00000000 0.00000000 6.84333333 6.84333333 1,000.00000000 IA5 8.212000%
IA6 161551cj3 1,000.00000000 0.00000000 6.50083347 6.50083347 1,000.00000000 IA6 7.801000%
IM1 161551ck0 1,000.00000000 0.00000000 6.79416667 6.79416667 1,000.00000000 IM1 8.153000%
IM2 161551cl8 1,000.00000000 0.00000000 7.04083314 7.04083314 1,000.00000000 IM2 8.449000%
IB 161551cm6 1,000.00000000 0.00000000 7.50000000 7.50000000 1,000.00000000 IB 9.000000%
IIA1 161551cn4 1,000.00000000 2.89190760 5.65666667 8.54857427 997.10809240 IIA1 6.363750%
IIM1 161551cp9 1,000.00000000 0.00000000 5.81666646 5.81666646 1,000.00000000 IIM1 6.543750%
IIM2 161551cq7 1,000.00000000 0.00000000 6.15444436 6.15444436 1,000.00000000 IIM2 6.923750%
IIB 161551cr5 1,000.00000000 0.00000000 7.08777768 7.08777768 1,000.00000000 IIB 7.973750%
TOTALS 1,000.00000000 3.05159880 7.89858156 10.95018037 996.94840120
</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 2000-1
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,068,829.55
Group 1 Prepayment Penalties and Late Payment Charges 15,842.79
Sec 4.05(a)(vi) Group 1 Master Servicing Fee 975.43
Group 1 Servicing Fee 53,595.14
Group 1 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 1 Principal Funds
Scheduled Principal 109,942.39
Curtailments 20,025.93
Prepayments 428,864.51
Liquidations 0.00
Repurchases 0.00
Substitution principal 0.00
Group 1 Extra Principal Paid 0.00
Group 1 Interest Funds Remaining After Certificate Interest 205,075.85
Group 2 Funds Diverted to Group 1 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 139,080.05
Group 1 Principal Advances 12,349.13
Group 1 Nonrecoverable Interest Advances 0.00
Group 1 Nonrecoverable Principal Advances 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 2000-1
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 130,008,638.87
Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 129,449,806.04
Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.46530321%
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 2000-1
April 25 2000
<TABLE>
<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 2000-1
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(ii) Group 2 Scheduled Interest 2,326,470.44
Group 2 Prepayment Penalties and Late Payment Charges 636.33
Sec 4.05(a)(vi) Group 2 Master Servicing Fee 2,123.34
Group 2 Servicing Fee 116,666.76
Group 2 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 2 Principal Funds
Scheduled Principal 128,965.89
Curtailments 27,082.86
Prepayments 536,273.93
Liquidations 0.00
Repurchases 0.00
Substitution Principal 0.00
Group 2 Extra Principal Paid 0.00
Group 2 Interest Funds Remaining After Certificate Interest 598,588.79
Group 1 Funds Diverted to Group 2 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 443,648.23
Group 2 Principal Advances 24,327.99
Group 2 Nonrecoverable Interest Advances 0.00
Group 2 Nonrecoverable Principal Advances 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 2000-1
April 25 2000
<TABLE>
<S> <C> <C>
Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 280,000,225.92
Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 279,307,903.24
Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.46147846 %
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 2000-1
April 25 2000
<TABLE>
<S> <C> <C>
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
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 2000-1
April 25 2000
<TABLE>
<S> <C> <C>
Ending Class IIB Interest Carryover Amount 0.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 10
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 2000-1
April 25 2000
<TABLE>
<S> <C>
Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
<CAPTION>
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 5 457,489.95 0.35%
2 Months 0 0.00 0.00%
3+Months 0 0.00 0.00%
Total 5 457,489.95 .35%
<CAPTION>
Group 2
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 4 278,483.60 0.10%
2 Months 0 0.00 0.00%
3+Months 0 0.00 0.00%
Total 4 278,483.60 0.10%
<CAPTION>
Group Totals
Principal
Category Number Balance Percentage
<S> <C> <C> <C> <C>
1 Month 9 735,973.55 0.18%
2 Months 0 0.00 0.00%
3+Months 0 0.00 0.00%
Total 9 735,973.55 0.18%
<S> <C>
Sec. 4.05(a)(xiii)(B) Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
<CAPTION>
Group 1
Principal
Number Balance Percentage
<S> <C> <C> <C>
0 .00 0.00%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 11
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 2000-1
April 25 2000
<TABLE>
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C> <C>
0 .00 0.00 %
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C> <C>
0 .00 0.00 %
<S> <C>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
<CAPTION>
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C> <C>
<S> <C>
Sec. 4.05(xvii) Liquidated Loans this Period
<CAPTION>
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C> <C>
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
|
|