<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 27, 1995
Chase Mortgage Finance Corporation
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
33-92950 52-149-5132
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(Commission File Number) (IRS Employer Identification No.)
1 Chase Manhattan Plaza
New York, New York 10081
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(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (212) 552-1358
N/A
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(Former name or former address, if changed since last report)
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Items 1 through 4, Item 6, Item 7 and Item 8 are not included because
they are not applicable.
Item 5. Other Events
Chase Mortgage Finance Corporation (the "Company") files herewith a
copy of the Master Servicer's reports issued November 27, 1995, relating to
Series 1995A of the Company's mortgage pass-through certificates.
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
CHASE MORTGAGE
FINANCE CORPORATION
By: /s/ Samuel H. Cooper
----------------------
Name: Samuel H. Cooper
Title: President
Dated: November 27, 1995
<PAGE> 4
<TABLE>
<S> <C>
CHASE MORTGAGE FINANCE CORPORATION Creation Date Fri Nov 17, 1995 11:39 AM Page 1
SERIES : 1995A
Due Period : 005
Beginning Date : 10/01/1995
Ending Date : 10/31/1995
Distribution Date : 11/27/1995
</TABLE>
MONTHLY CERTIFICATE HOLDER'S REPORT
<TABLE>
<S> <C>
Initial Certificate Balance $ 300,021,588.15
Beginning Certificate Balance $ 293,516,825.69
Scheduled Principal $ 325,903.75
Curtailments $ 129,735.82
Repurchase Principal $ 0.00
Paid In Full Principal $ 1,130,243.77
Default Principal $ 0.00
Other $ 2.86
Total Principal $ 1,585,886.20
Plus Z Accretion $ 0.00
Total Principal Distribution $ 1,585,886.20
Ending Certificate Balance $ 291,930,939.49
- - --------------------------------------------------------------------------------------------------
Interest Distribution Class A $ 1,406,212.71
Interest Distribution Class SUBORD $ 116,210.96
Less Z Accretion $ 0.00
Total Interest Distribution $ 1,522,423.67
- - --------------------------------------------------------------------------------------------------
Initial Loan Count 760
Beginning Loan Count 749
Paid In Full Loans 3
Repurchased Loans 0
Defaulted Loans 0
Ending Loan Count 746
- - --------------------------------------------------------------------------------------------------
Beginning Class A 92.366714116872%
Ending Class A 92.333768706017%
Beginning Class M 3.561790369402%
Ending Class M 3.577163122293%
Beginning Class B 4.071495513726%
Ending Class B 4.089068171690%
- - --------------------------------------------------------------------------------------------------
Beginning Weighted Average Coupon 6.494203838294%
Ending Weighted Average Coupon 6.494064025252%
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Loss For Current Due Period $ 0.00
Recovery For Current Due Period $ 0.00
Cumulative Losses $ 0.00
- - --------------------------------------------------------------------------------------------------
Beginning Weighted Average Service Fee 0.270000507854%
Ending Weighted Average Service Fee 0.269999870989%
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Class A Principal Prepayment Percentage 100.0%
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</TABLE>
<PAGE> 5
<TABLE>
<S> <C>
CHASE MORTGAGE FINANCE CORPORATION Creation Date Fri Nov 17, 1995 11:39 AM Page 2
SERIES : 1995A
Due Period : 005
Beginning Date : 10/01/1995
Ending Date : 10/31/1995
Distribution Date : 11/27/1995
</TABLE>
MONTHLY CLASS DISTRIBUTION DETAIL REPORT
<TABLE>
<CAPTION>
Class Initial Beginning Beginning Principal Interest Ending Ending
Certificate Certificate Pool Distribution Distribution Certificate Pool
Balance Balance Factor Balance Factor
- - ----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A $ 277,519,000.00 $ 271,111,847.27 0.9769127421 $ 1,561,008.82 $ 1,406,212.71 $ 269,550,838.45 0.9712878702
- - ----------------------------------------------------------------------------------------------------------------------------------
M-1 $ 8,250,000.00 $ 8,214,213.88 0.9956622885 $ 9,120.67 $ 42,605.78 $ 8,205,093.21 0.9945567527
M-2 $ 2,250,000.00 $ 2,240,240.15 0.9956622889 $ 2,487.45 $ 11,619.76 $ 2,237,752.70 0.9945567556
B-1 $ 2,250,000.00 $ 2,240,240.15 0.9956622889 $ 2,487.45 $ 11,619.76 $ 2,237,752.70 0.9945567556
B-2 $ 4,500,000.00 $ 4,480,480.31 0.9956622911 $ 4,974.90 $ 23,239.52 $ 4,475,505.41 0.9945567578
B-3 $ 2,100,000.00 $ 2,090,890.80 0.9956622857 $ 2,321.62 $ 10,845.11 $ 2,088,569.18 0.9945567524
B-4 $ 1,350,000.00 $ 1,344,144.09 0.9956622889 $ 1,492.47 $ 6,971.86 $ 1,342,651.62 0.9945567556
B-5 $ 1,802,588.15 $ 1,794,769.04 0.9956622870 $ 1,992.78 $ 9,309.17 $ 1,792,776.22 0.9945567544
B-R $ 0.00 $ 0.00 0.0000000000 $ 0.00 $ 0.00 $ 0.00 0.0000000000
TOTALS $ 22,502,588.15 $ 22,404,978.42 0.9956622887 $ 24,877.34 $ 116,210.96 $ 22,380,101.04 0.9945567546
- - ----------------------------------------------------------------------------------------------------------------------------------
A $ 277,519,000.00 $ 271,111,847.27 0.9769127421 $ 1,561,008.82 $ 1,406,212.71 $ 269,550,838.45 0.9712878702
M $ 10,500,000.00 $ 10,454,454.03 0.9956622886 $ 11,608.12 $ 54,225.54 $ 10,442,845.91 0.9945567533
B $ 12,002,588.15 $ 11,950,524.39 0.9956622889 $ 13,269.22 $ 61,985.42 $ 11,937,255.13 0.9945567557
TOTALS $ 300,021,588.15 $ 293,516,825.69 0.9783190186 $ 1,585,886.16 $ 1,522,423.67 $ 291,930,939.49 0.9730331117
- - ----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 6
<TABLE>
<S> <C>
CHASE MORTGAGE FINANCE CORPORATION Creation Date Fri Nov 17, 1995 11:39 AM Page 3
SERIES : 1995A
Due Period : 005
Beginning Date : 10/01/1995
Ending Date : 10/31/1995
Distribution Date : 11/27/1995
</TABLE>
MONTHLY PRINCIPAL DISTRIBUTION DETAIL REPORT
<TABLE>
<CAPTION>
Class Beginning Scheduled Principal Total Principal Ending
Certificate Principal Adjustment/ Principal Distribution Certificate
Balance Distribution Shortfall Distribution Factor(per $1000) Balance
- - -------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
A $ 271,111,847.27 $ 1,561,008.82 $ 0.00 $ 1,561,008.82 $ 5.6248719 $ 269,550,838.45
- - -------------------------------------------------------------------------------------------------------------------------
M-1 $ 8,214,213.88 $ 9,120.67 $ 0.00 $ 9,120.67 $ 1.1055358 $ 8,205,093.21
M-2 $ 2,240,240.15 $ 2,487.45 $ 0.00 $ 2,487.45 $ 1.1055333 $ 2,237,752.70
B-1 $ 2,240,240.15 $ 2,487.45 $ 0.00 $ 2,487.45 $ 1.1055333 $ 2,237,752.70
B-2 $ 4,480,480.31 $ 4,974.90 $ 0.00 $ 4,974.90 $ 1.1055333 $ 4,475,505.41
B-3 $ 2,090,890.80 $ 2,321.62 $ 0.00 $ 2,321.62 $ 1.1055333 $ 2,088,569.18
B-4 $ 1,344,144.09 $ 1,492.47 $ 0.00 $ 1,492.47 $ 1.1055333 $ 1,342,651.62
B-5 $ 1,794,769.04 $ 1,992.82 $ -0.04 $ 1,992.78 $ 1.1055104 $ 1,792,776.22
B-R $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.0000000 $ 0.00
TOTALS $ 22,404,978.42 $ 24,877.38 $ -0.04 $ 24,877.34 $ 1.1055324 $ 22,380,101.04
- - -------------------------------------------------------------------------------------------------------------------------
- - -------------------------------------------------------------------------------------------------------------------------
A $ 271,111,847.27 $ 1,561,008.82 $ 0.00 $ 1,561,008.82 $ 5.6248719 $ 269,550,838.45
M $ 10,454,454.03 $ 11,608.12 $ 0.00 $ 11,608.12 $ 1.1055352 $ 10,442,845.91
B $ 11,950,524.39 $ 13,269.26 $ -0.04 $ 13,269.22 $ 1.1055299 $ 11,937,255.13
TOTALS $ 293,516,825.69 $ 1,585,886.20 $ -0.04 $ 1,585,886.16 $ 5.2859068 $ 291,930,939.49
- - -------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 7
<TABLE>
<S> <C>
CHASE MORTGAGE FINANCE CORPORATION Creation Date Fri Nov 17, 1995 11:39 AM Page 4
SERIES : 1995A
Due Period : 005
Beginning Date : 10/01/1995
Ending Date : 10/31/1995
Distribution Date : 11/27/1995
</TABLE>
MONTHLY INTEREST DISTRIBUTION DETAIL REPORT
<TABLE>
<CAPTION>
Class Pass Gross Prepayment Z Accretion Interest Total Interest
Thru Interest Interest Adjustment/ Interest Distribution
Rate Distribution Shortfall Shortfall Distribution Factor (per $1000)
- - ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A 6.224203% $ 1,406,212.71 $ 0.00 $ 0.00 $ 0.00 $ 1,406,212.71 $ 5.0670863
- - ------------------------------------------------------------------------------------------------------------------------------------
M-1 6.224203% $ 42,605.78 $ 0.00 $ 0.00 $ 0.00 $ 42,605.78 $ 5.1643370
M-2 6.224203% $ 11,619.76 $ 0.00 $ 0.00 $ 0.00 $ 11,619.76 $ 5.1643378
B-1 6.224203% $ 11,619.76 $ 0.00 $ 0.00 $ 0.00 $ 11,619.76 $ 5.1643378
B-2 6.224203% $ 23,239.52 $ 0.00 $ 0.00 $ 0.00 $ 23,239.52 $ 5.1643378
B-3 6.224203% $ 10,845.11 $ 0.00 $ 0.00 $ 0.00 $ 10,845.11 $ 5.1643381
B-4 6.224203% $ 6,971.86 $ 0.00 $ 0.00 $ 0.00 $ 6,971.86 $ 5.1643407
B-5 6.224203% $ 9,309.17 $ 0.00 $ 0.00 $ 0.00 $ 9,309.17 $ 5.1643355
B-R 0.000000% $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.0000000
TOTALS $ 116,210.96 $ 0.00 $ 0.00 $ 0.00 $ 116,210.96 $ 5.1643375
- - ------------------------------------------------------------------------------------------------------------------------------------
A $ 1,406,212.71 $ 0.00 $ 0.00 $ 0.00 $ 1,406,212.71 $ 5.0670863
M $ 54,225.54 $ 0.00 $ 0.00 $ 0.00 $ 54,225.54 $ 5.1643371
B $ 61,985.42 $ 0.00 $ 0.00 $ 0.00 $ 61,985.42 $ 5.1643378
TOTALS $ 1,522,423.67 $ 0.00 $ 0.00 $ 0.00 $ 1,522,423.67 $ 5.0743804
- - ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE> 8
<TABLE>
<S> <C>
CHASE MORTGAGE FINANCE CORPORATION Creation Date Fri Nov 17, 1995 11:39 AM Page 5
SERIES : 1995A
Due Period : 005
Beginning Date : 10/01/1995
Ending Date : 10/31/1995
Distribution Date : 11/27/1995
</TABLE>
DELINQUENCY STATISTICS
<TABLE>
<CAPTION>
Period Number Of Loans Principal Balance Percent
- - ----------------------------------------------------------------------------------
<S> <C> <C> <C>
30 DAYS
Group One 1 $ 292,653.13 0.1002%
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60 DAYS
Group One 0 $ 0.00 0.0000%
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90 DAYS and up
Group One 0 $ 0.00 0.0000%
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FORECLOSURES
Group One 0 $ 0.00 0.0000%
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TOTAL DELINQUENCIES
Group One 1 $ 292,653.13 0.1002%
- - ----------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
- - ----------------------------------------------------------------------------------
Real Estate Owned Number Of Loans Principal Balance Bookvalue
- - ----------------------------------------------------------------------------------
<S> <C> <C> <C>
Group One 0 $ 0.00 $ 0.00
- - ----------------------------------------------------------------------------------
</TABLE>
<PAGE> 9
<TABLE>
<S> <C>
CHASE MORTGAGE FINANCE CORPORATION Creation Date Fri Nov 17, 1995 11:39 AM Page 6
SERIES : 1995A
Due Period : 005
Beginning Date : 10/01/1995
Ending Date : 10/31/1995
Distribution Date : 11/27/1995
</TABLE>
MONTHLY MASTER SERVICER SUMMARY REPORT
<TABLE>
<CAPTION>
SERVICER ADVANCES SUMMARY AMOUNT
- - -----------------------------------------------------------------
<S> <C>
ADVANCE BY MASTER SERVICER FOR DUE PERIOD $ 13,276.18
- - -----------------------------------------------------------------
DELINQUENCY FOR DUE PERIOD $ 13,276.18
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ADVANCES RECOVERED $ 41,529.00
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SERVICING (ESCROW) ADVANCES $ 14,986.85
</TABLE>
<TABLE>
<CAPTION>
SERVICE FEES AMOUNT
- - -----------------------------------------------------------------
<S> <C>
SERVICING FEES $ 66,041.41
- - -----------------------------------------------------------------
ADDITIONAL SERVICING COMPENSATION $ 387.35
- - -----------------------------------------------------------------
EXCESS INTEREST $ 0.00
</TABLE>
<PAGE> 10
<TABLE>
<S> <C>
CHASE MORTGAGE FINANCE CORPORATION Creation Date Fri Nov 17, 1995 11:39 AM Page 7
SERIES : 1995A
Due Period : 005
Beginning Date : 10/01/1995
Ending Date : 10/31/1995
Distribution Date : 11/27/1995
</TABLE>
CREDIT REPORT SUMMARY
<TABLE>
<CAPTION>
Original Beginning Ending
Class Credit Support Credit Support Credit Support
------ ---------------- ---------------- ----------------
<S> <C> <C> <C>
M-1 4.75% 4.83% 4.86%
M-2 4.00% 4.07% 4.09%
B-1 3.25% 3.31% 3.32%
B-2 1.75% 1.78% 1.79%
B-3 1.05% 1.07% 1.07%
B-4 0.60% 0.61% 0.61%
B-5 0.00% 0.00% 0.00%
</TABLE>
