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<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
Statement to Certificateholders
May 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 37,157,320.16 2,074,774.84 184,919.60 2,259,694.44 0.00 0.00 35,082,545.32
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 77,152,946.14 5,065,912.66 411,803.85 5,477,716.51 0.00 0.00 72,087,033.48
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 98,773.44 98,773.44 0.00 0.00 17,625,000.00
IIM2 11,750,000.00 11,750,000.00 0.00 70,940.63 70,940.63 0.00 0.00 11,750,000.00
IIB 8,225,000.00 8,225,000.00 0.00 60,967.81 60,967.81 0.00 0.00 8,225,000.00
R 0.00 0.00 0.00 740,501.87 740,501.87 0.00 0.00 0.00
TOTALS 365,000,000.00 284,060,266.30 7,140,687.50 2,253,774.68 9,394,462.18 0.00 0.00 276,919,578.80
</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 656.48975548 36.65679929 3.26713074 39.92393004 619.83295618 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 %
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>
<PAGE>
Page 2
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
Statement to Certificateholders
May 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 556.45832052 36.53741551 2.97009629 39.50751179 519.92090501 IIA1 6.405000 %
IIA2 161551AK2 1,000.00000000 .00000000 4.95583336 4.95583336 1,000.00000000 IIA2 5.947000 %
IIM1 161551AK2 1,000.00000000 .00000000 5.60416681 5.60416681 1,000.00000000 IIM1 6.725000 %
IIM2 161551AL0 1,000.00000000 .00000000 6.03750043 6.03750043 1,000.00000000 IIM2 7.245000 %
IIB 161551AM8 1,000.00000000 .00000000 7.41249970 7.41249970 1,000.00000000 IIB 8.895000 %
TOTALS 778.24730493 19.56352740 6.17472515 25.73825255 758.68377753
</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
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(ii) Group 1 Scheduled Interest 922,681.63
Sec 4.05(a)(vi) Group 1 Master Servicing Fee 844.80
Group 1 Servicing Fee 46,417.63
Sec. 4.05(a)(i) Group 1 Principal Funds
Scheduled Principal 108,275.93
Curtailments 19,924.86
Prepayments 1,946,574.05
Liquidations 0.00
Repurchases 0.00
Substitution Principal 0.00
Group 1 Extra Principal Paid 1,785.28
Group 1 Interest Funds Remaining After Certficiate Interest 295,787.33
Group 2 Funds Diverted To Group 1 0.00
Sec 4.05(a)(xi)&(xii) Group 1 Current Realized Loss 1,785.28
Group 1 Cumulative Realized Loss 73,559.43
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 293,675.05
Group 1 Principal Advances 29,631.78
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 111,402,320.16
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 109,327,545.32
Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.42981324 %
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
May 25 2000
<TABLE>
<CAPTION>
<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
May 25 2000
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,473,068.25
Sec 4.05(a)(vi) Group 2 Master Servicing Fee 1,351.37
Group 2 Servicing Fee 74,251.23
Sec. 4.05(a)(i) Group 2 Principal Funds
Scheduled Principal 94,088.54
Curtailments 12,485.97
Prepayments 4,616,385.01
Liquidations 342,864.94
Repurchases 0.00
Substitution principal 0.00
Group 2 Extra Principal Paid 19,142.77
Group 2 Interest Funds Remaining After Certficiate Interest 465,642.58
Group 1 Funds Diverted To Group 2 0.00
Sec 4.05(a)(xi)&(xii) Group 2 Current Realized Loss 19,230.97
Group 2 Cumulative Realized Loss 305,689.77
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 586,285.37
Group 2 Principal Advances 37,140.56
Group 2 Nonrecoverable Interest Advances -1,817.87
Group 2 Nonrecoverable Principal Advances -88.20
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 178,202,946.14
Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 173,137,033.48
Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.41038724 %
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
May 25 2000
<TABLE>
<CAPTION>
<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
May 25 2000
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 41 3,089,021.76 2.83 %
2 Months 5 417,199.14 0.38 %
3+Months 12 713,474.19 0.65 %
Total 58 4,219,695.09 3.86 %
Group 2
Principal
Category Number Balance Percentage
1 Month 36 3,888,838.98 2.25 %
2 Months 13 1,142,572.11 0.66 %
3+Months 14 1,862,990.10 1.08 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 11
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
May 25 2000
<TABLE>
<S> <C> <C> <C>
Total 63 6,894,401.19 3.99 %
Group Totals
<CAPTION>
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 77 6,977,860.74 2.47 %
2 Months 18 1,559,771.25 0.55 %
3+Months 26 2,576,464.29 0.91 %
Total 121 11,114,096.28 3.93 %
</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>
40 2,644,335.63 2.42 %
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C>
48 5,614,317.44 3.24 %
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C>
88 8,258,653.07 5.66 %
</TABLE>
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C>
05/01/1999 1097034587 GRP1 56,044.79
03/01/1999 1094244969 GRP2 81,000.00
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 12
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-1
May 25 2000
<TABLE>
<S> <C> <C>
04/01/1999 1096077336 GRP2 354,028.26
</TABLE>
<TABLE>
<CAPTION>
Sec. 4.05(xvii) Liquidated Loans this Period
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C>
1094248143 GRP04/04/2000 0.00 0.00 44,699.23 2
1873000971 GRP04/10/2000 0.00 0.00 298,165.62 2
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
Statement to Certificateholders
May 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 58,950,334.41 2,279,713.25 307,278.62 2,586,991.87 0.00 0.00 56,670,621.16
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 323,950,000.00 266,704,521.82 6,338,694.80 1,421,312.85 7,760,007.65 0.00 0.00 260,365,827.02
IIM1 22,800,000.00 22,800,000.00 0.00 125,495.00 125,495.00 0.00 0.00 22,800,000.00
IIM2 18,050,000.00 18,050,000.00 0.00 105,968.54 105,968.54 0.00 0.00 18,050,000.00
IIB 15,200,000.00 15,200,000.00 0.00 111,403.33 111,403.33 0.00 0.00 15,200,000.00
R 0.00 0.00 0.00 1,163,477.20 1,163,477.20 0.00 0.00 0.00
TOTALS 580,000,000.00 505,085,856.23 8,618,408.050 3,983,244.76 12,601,652.81 0.00 0.00 496,467,448.18
</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 769.39576880 29.75388937 4.01047547 33.76436484 739.64187943 IA1 6.255000 %
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
May 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 823.28915518 19.56689242 4.38744513 23.95433755 803.72226276 IIA1 6.395000 %
IIM1 161551AY2 1,000.00000000 .00000000 5.50416667 5.50416667 1,000.00000000 IIM1 6.605000 %
IIM2 161551AZ9 1,000.00000000 .00000000 5.87083324 5.87083324 1,000.00000000 IIM2 7.045000 %
IIB 161551BA3 1,000.00000000 .00000000 7.32916645 7.32916645 1,000.00000000 IIB 8.795000 %
TOTALS 870.83768316 14.85932422 6.86766338 21.72698760 855.97835893
</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
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,527,544.29
Sec 4.05(a)(vii) Group 1 Master Servicing Fee 1,124.39
Sec 4.05(a)(vi) Group 1 Servicing Fee 77,013.06
Sec. 4.05(a)(i) Group 1 Principal Funds
Scheduled Principal 179,567.94
Curtailments 55,177.69
Prepayments 2,044,988.44
Liquidations 0.00
Repurchases 0.00
Substitution Principal 0.00
Group 1 Extra Principal Paid 3,235.82
Group 1 Interest Funds Remaining After Certificate Interest 393,501.66
Group 2 Funds Diverted To Group 1 0.00
Sec 4.05(a)(xi)&(xii) Group 1 Current Realized Loss 3,215.00
Group 1 Cumulative Realized Loss 17,271.78
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 439,993.37
Group 1 Principal Advances 46,878.74
Group 1 Nonrecoverable Interest Advances 317.34
Group 1 Nonrecoverable Principal Advances 20.82
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 184,831,334.41
Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 182,551,621.16
Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.41013743 %
Sec. 4.05(a)(xviii) Does a Group 1 Trigger Event Exist? NO
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 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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
May 25 2000
<TABLE>
<S> <C> <C>
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 1999-2
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(ii) Group 2 Gross Scheduled Interest 2,691,939.89
Sec 4.05(a)(vi) Group 2 Master Servicing Fee 2,003.88
Group 2 Servicing Fee 137,251.88
Sec. 4.05(a)(i) Group 2 Principal Funds
Scheduled Principal 173,696.93
Curtailments 73,824.70
Prepayments 5,842,743.26
Liquidations 248,449.44
Repurchases 0.00
Substitution principal 0.00
Group 2 Extra Principal Paid 15,024.77
Group 2 Interest Funds Remaining After Certificate Interest 788,236.13
Group 1 Funds Diverted To Group 2 0.00
Sec 4.05(a)(xi)&(xii) Group 2 Current Realized Loss 15,005.24
Group 2 Cumulative Realized Loss 77,982.91
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 964,422.93
Group 2 Principal Advances 60,740.35
Group 2 Nonrecoverable Interest Advances 268.28
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Group 2 Nonrecoverable Principal Advances 19.53
Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 329,404,521.82
Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 323,065,827.02
Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.29926824 %
Sec. 4.05(a)(xviii) Does a Group 2 Trigger Event Exist? NO
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
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 8
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
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>
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 43 2,889,546.99 1.58 %
2 Months 10 1,008,142.55 0.55 %
3+Months 19 1,451,171.61 0.79 %
Total 72 5,348,861.15 2.92 %
<CAPTION>
Group 2
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 55 6,043,784.09 1.87 %
2 Months 20 2,303,649.46 0.71 %
3+Months 13 1,274,969.20 0.39 %
Total 88 9,622,402.75 2.97 %
<CAPTION>
Group Totals
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 98 8,933,331.08 1.77 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 9
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
May 25 2000
<TABLE>
<S> <C> <C> <C>
2 Months 30 3,311,792.01 0.65 %
3+Months 32 2,726,140.81 0.54 %
Total 160 14,971,263.90 2.96 %
</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>
35 3,118,955.91 1.71 %
Group 2
Principal
Number Balance Percentage
<S> <C> <C>
62 7,597,761.02 2.35 %
Group Totals
Principal
Number Balance Percentage
<S> <C> <C>
97 10,716,716.93 4.06 %
</TABLE>
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans 0
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C>
08/01/1999 1094197789 GRP1 22,549.17
05/02/1999 1094229502 grp1 58,391.83
07/01/1999 1874002644 GRP1 63,678.26
05/01/1999 1094252515 GRP2 67,475.12
08/01/1999 1094256629 GRP2 43,150.78
07/01/1999 1878010928 GRP2 68,712.13
07/01/1999 1095162407 GRP2 174,354.61
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 10
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-2
May 25 2000
<TABLE>
<S> <C> <C>
06/01/1999 1095165143 GRP2 224,926.49
07/01/1999 1852001900 GRP2 67,958.66
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C>
9 791,197.05 0.28 %
</TABLE>
<TABLE>
<S> <C> <C>
Sec. 4.05(a)(xiv) Group 1 REO Loan Count 3.00
Sec. 4.05(a)(xiv) Group 1 REO Loan Balance 144,619.26
Sec. 4.05(a)(xiv) Group 2 REO Loan Count 6.00
Sec. 4.05(a)(xiv) Group 2 REO Loan Balance 646,577.79
Sec. 4.05(a)(xv) Total REO Loan Count 9.00
Sec. 4.05(a)(xv) Aggregate REO Loan Balance 791,197.05
</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>
1095166973 GRP04/17/2000 0.00 0.00 168,826208 2
1096087792 GRP04/30/2000 0.00 0.00 79,623236 2
</TABLE>
<TABLE>
<CAPTION>
<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 248,449.44
Total Aggregate Principal Balance of Liquidated Loans 248,449.44
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
Statement to Certificateholders
May 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 37,987,861.01 1,048,160.74 201,493.95 1,249,654.69 0.00 0.00 36,939,700.27
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 207,025,000.00 188,717,352.23 4,524,580.44 1,018,287.38 5,542,867.82 0.00 0.00 184,192,771.79
IIB 11,025,000.00 11,025,000.00 0.00 81,722.81 81,722.81 0.00 0.00 11,025,000.00
IIM1 15,925,000.00 15,925,000.00 0.00 90,175.31 90,175.31 0.00 0.00 15,925,000.00
IIM2 11,025,000.00 11,025,000.00 0.00 66,930.94 66,930.94 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 380,000,000.00 355,680,213.24 5,572,741.180 2,028,365.64 7,601,106.82 0.00 0.00 350,107,472.06
</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 863.36047750 23.82183500 4.57940795 28.40124295 839.53864250 IA1 6.365000 %
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
May 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 911.56793735 21.85523700 4.91866866 26.77390566 889.71270035 IIA1 6.475000 %
IIB 161551BP0 1,000.00000000 .00000000 7.41249977 7.41249977 1,000.00000000 IIB 8.895000 %
IIM1 161551BM7 1,000.00000000 .00000000 5.66249984 5.66249984 1,000.00000000 IIM1 6.795000 %
IIM2 161551BN5 1,000.00000000 .00000000 6.07083356 6.07083356 1,000.00000000 IIM2 7.285000 %
TOTALS 936.00056116 14.66510837 5.33780432 20.00291268 921.33545279
</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
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 1 Gross Scheduled Interest 1,067,609.96
Sec. 4.05(a)(vii) Group 1 Master Servicer Fee 986.01
Sec. 4.05(a)(vi) Group 1 Subservicer Fee 54,176.14
Sec. 4.05(i)(A)&(B) Group 1 Scheduled Principal 112,321.46
Group 1 Curtailments 14,751.25
Group 1 Prepayments 679,986.48
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 241,198.61
Group 1 Interest Funds Remaining After Certificate Interest Distribution 241,198.61
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 314,877.29
Group 1 Principal Advances 30,059.23
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 130,022,743.83
Group 1 Ending Pool Stated Principal Balance 129,215,781.70
Sec. 4.05(a)(ix) Group 1 Net Mortgage Rate 9.34403554 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
May 25 2000
<TABLE>
<CAPTION>
<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
May 25 2000
<TABLE>
<CAPTION>
<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
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec. 4.05(a)(vii) Group 2 Gross Scheduled Interest 1,878,369.69
Sec. 4.05(a)(vii) Group 2 Master Servicer Fee 1,748.58
Sec. 4.05(a)(vi) Group 2 Subservicer Fee 96,075.93
Sec. 4.05(i)(A)&(B) Group 2 Scheduled Principal 117,450.83
Group 2 Curtailments 92,047.89
Group 2 Prepayments 3,679,817.97
Group 2 Liquidations 135,640.37
Group 2 Repurchases 0.00
Group 2 Subsitution Principal 0.00
Sec. 4.05(a)(i)(C) Group 2 Extra Principal Distribution Amount 523,428.74
Group 2 Interest Funds Remaining After Certificate Interest Distribution 523,428.74
Group 1 Funds Diverted To Group 2 0.00
Sec. 4.05(a)(xi) Group 2 Current Realized Loss 24,545.49
Group 2 Cumulative Realized Loss 30,081.68
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 654,683.39
Group 2 Principal Advances 40,600.93
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 230,582,236.66
Group 2 Ending Pool Stated Principal Balance 226,556,539.47
Sec. 4.05(a)(ix) Group 2 Net Mortgage Rate 9.26634293 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 7
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
May 25 2000
<TABLE>
<CAPTION>
<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
May 25 2000
<TABLE>
<CAPTION>
<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
May 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 32 2,273,272.63 1.76 %
2 Months 6 450,230.23 0.35 %
3+Months 6 477,382.25 0.37 %
Total 44 3,200,885.11 2.48 %
<CAPTION>
Group 2
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 38 5,235,623.72 2.31 %
2 Months 8 1,269,566.85 0.56 %
3+Months 3 392,964.90 0.17 %
Total 49 6,898,155.47 3.04 %
<CAPTION>
Group Totals
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 70 7,508,896.35 2.11 %
2 Months 14 1,719,797.08 0.48 %
3+Months 9 870,347.15 0.24 %
Total 93 10,099,040.58 2.83 %
</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> <C>
16 1,429,295.79 1.11 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 10
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
May 25 2000
<TABLE>
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C>
26 2,754,646.65 1.22 %
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C>
42 4,183,942.44 2.32 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 11
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
May 25 2000
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
Group 1
Principal
Number Balance Percentage
<S> <C> <C>
2 123,288.45 0.10 %
<CAPTION>
Group 2
Principal
Number Balance Percentage
<S> <C> <C>
0 .00 0.00 %
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C>
2 123,288.45 0.10 %
<CAPTION>
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C>
09/01/1999 1094284748 grp1 59,288.45
09/19/1999 1852002957 grp1 64,000.00
</TABLE>
<TABLE>
<CAPTION>
Sec. 4.05(xvii) Liquidated Loans this Period
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C>
1870004568 grp2 04/30/2000 0.00 0.00 135,640.37 2
</TABLE>
<TABLE>
<CAPTION>
<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 135,640.37
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 12
Chase Funding Mortgage Loan Asset-Backed Certificates, Series 1999-3
May 25 2000
<TABLE>
<S> <C>
Total Aggregate Principal Balance of Liquidated Loans 135,640.37
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1
Chase Funding
Mortgage Loan Asset-Backed Certificates, Series 1999-4
Statement to Certificateholders
May 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 41,178,186.74 1,002,512.47 217,386.51 1,219,898.98 0.00 0.00 40,175,674.27
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 205,200,000.00 199,402,738.82 4,840,905.82 1,070,958.88 5,911,864.70 0.00 0.00 194,561,833.00
IIM1 14,760,000.00 14,760,000.00 0.00 82,963.50 82,963.50 0.00 0.00 14,760,000.00
IIM2 10,440,000.00 10,440,000.00 0.00 61,726.50 61,726.50 0.00 0.00 10,440,000.00
IIB 9,600,000.00 9,600,000.00 0.00 68,360.00 68,360.00 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 370,000,000.00 362,380,925.56 5,843,418.290 2,042,360.67 7,885,778.96 0.00 0.00 356,537,507.27
</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 957.63224977 23.31424349 5.05550023 28.36974372 934.31800628 IA1 6.335000 %
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
May 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 971.74823986 23.59115897 5.21909786 28.81025682 948.15708090 IIA1 6.445000 %
IIM1 161551CA2 1,000.00000000 .00000000 5.62083333 5.62083333 1,000.00000000 IIM1 6.745000 %
IIM2 161551CB0 1,000.00000000 .00000000 5.91250000 5.91250000 1,000.00000000 IIM2 7.095000 %
IIB 161551CC8 1,000.00000000 .00000000 7.12083333 7.12083333 1,000.00000000 IIB 8.545000 %
TOTALS 979.40790692 15.79302241 5.51989370 21.31291611 963.61488451
</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
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(ii) Group 1 Scheduled Interest 1,054,524.16
Sec 4.05(a)(vi) Group 1 Master Servicing Fee 973.97
Group 1 Servicing Fee 53,514.87
Group 1 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 1 Principal Funds
Scheduled Principal 119,605.33
Curtailments 20,805.70
Prepayments 620,417.91
Liquidations 0.00
Repurchases 0.00
Substitution Principal 0.00
Group 1 Extra Principal Paid 241,683.53
Group 1 Interest Funds Remaining After Certificate Interest 241,683.53
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 265,322.48
Group 1 Principal Advances 28,358.67
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
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(v) Group 1 Beginning Pool Stated Principal Balance 128,435,690.49
Sec 4.05(a)(v) Group 1 Ending Pool Stated Principal Balance 127,674,861.55
Sec 4.05(a)(ix) Group 1 Net Mortgage Rate 9.34352847 %
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
May 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
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(ii) Group 2 Scheduled Interest 1,948,823.82
Sec 4.05(a)(vi) Group 2 Master Servicing Fee 1,780.69
Group 2 Servicing Fee 97,840.12
Group 2 Servicing Fee per Subservicing Side Letter Agreement 0.00
Sec. 4.05(a)(i) Group 2 Principal Funds
Scheduled Principal 112,574.75
Curtailments 17,464.87
Prepayments 4,145,672.07
Liquidations 0.00
Repurchases 0.00
Substitution principal 0.00
Group 2 Extra Principal Paid 565,194.13
Group 2 Interest Funds Remaining After Certificate Interest 565,194.13
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 612,421.69
Group 2 Principal Advances 34,342.38
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
May 25 2000
<TABLE>
<CAPTION>
<S> <C> <C>
Sec 4.05(a)(v) Group 2 Beginning Pool Stated Principal Balance 234,816,283.44
Sec 4.05(a)(v) Group 2 Ending Pool Stated Principal Balance 230,540,571.75
Sec 4.05(a)(ix) Group 2 Net Mortgage Rate 9.45012669 %
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
May 25 2000
<TABLE>
<CAPTION>
<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
May 25 2000
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiii)(A) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group 1
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 11 980,834.97 0.77 %
2 Months 4 175,087.76 0.14 %
3+Months 0 0.00 0.00 %
Total 15 1,155,922.73 0.91 %
<CAPTION>
Group 2
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 21 2,360,466.37 1.02 %
2 Months 5 404,827.53 0.18 %
3+Months 3 444,322.44 0.19 %
Total 29 3,209,616.34 1.39 %
<CAPTION>
Group Totals
Principal
Category Number Balance Percentage
<S> <C> <C> <C>
1 Month 32 3,341,301.34 0.93 %
2 Months 9 579,915.29 0.16 %
3+Months 3 444,322.44 0.12 %
Total 44 4,365,539.07 1.21 %
</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>
3 421,767.32 0.81 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 10
Chase Funding
<TABLE>
<CAPTION>
Mortgage Loan Asset-Backed Certificates, Series 1999-4
May 25 2000
Group 2
Principal
Number Balance Percentage
<S> <C> <C> <C>
9 983,098.11 0.43 %
<CAPTION>
Group Totals
Principal
Number Balance Percentage
<S> <C> <C> <C>
12 1,404,865.43 1.24 %
</TABLE>
<TABLE>
<CAPTION>
Sec. 4.05(a)(xiv) Number and Aggregate Principal Amounts of REO Loans
REO PROPERTY
DATE BE- LOAN PRINCIPAL
COME REO NUMBER BALANCE
<S> <C> <C>
</TABLE>
<TABLE>
<CAPTION>
Sec. 4.05(xvii) Liquidated Loans this Period
Prepays
LOAN # DATE PENALTIES PREMIUMS AMOUNT GROUP #
<S> <C> <C> <C> <C> <C>
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
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