CHASE MORTGAGE FINANCE CORP
8-K, 1998-12-21
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

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



Date of Report:  December 18, 1998
(Date of earliest event reported)

Commission File No.  333-56081



                       Chase Mortgage Finance Corporation
- --------------------------------------------------------------------------------


        Delaware                                           52-1495132
- --------------------------------------------------------------------------------
(State of Incorporation)                    (I.R.S. Employer Identification No.)


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


                                 (732) 205-0600
- --------------------------------------------------------------------------------
               Registrant's Telephone Number, including area code


- --------------------------------------------------------------------------------
(Former  name,  former  address and former  fiscal year,  if changed  since last
report)

<PAGE>


ITEM 5. Other Events

     Attached as an exhibit are the  Computational  Materials (as defined in the
no-action  letter  dated May 20,  1994  issued by the  Securities  and  Exchange
Commission to Kidder,  Peabody Acceptance  Corporation-I,  Kidder, Peabody & Co.
Incorporated  and  Kidder  Structured  Asset  Corporation)  prepared  by  Lehman
Brothers Inc., which are hereby filed pursuant to such letter.


<PAGE>


ITEM 7. Financial Statements and Exhibits

        (c) Exhibits

Item 601(a)
of Regulation S-K
Exhibit No.                                  Description

(99)                                         Computational Materials
                                             prepared by Lehman Brothers Inc. 
                                             in connection with Chase Mortgage 
                                             Finance Corporation, Multi-Class 
                                             Mortgage Pass-Through 
                                             Certificates, Series 1998-S8


<PAGE>


     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


December 18, 1998

                                              By: /s/ Eileen Lindblom
                                                  ------------------------------
                                                  Name:  Eileen Lindblom
                                                  Title: Vice President


<PAGE>


                                INDEX TO EXHIBITS



                                                                 Paper (P) or
Exhibit No.             Description                              Electronic (E)
- -----------             -----------                              --------------

  (99)                  Computational Materials                      P
                        prepared by Lehman Brothers Inc.
                        in connection with Chase Mortgage
                        Finance Corporation, Multi-Class
                        Mortgage Pass-Through
                        Certificates, Series 1998-S8



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