CHASE MORTGAGE FINANCE CORP
8-K, 1999-11-05
ASSET-BACKED SECURITIES
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<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: October 25, 1999


                       CHASE MORTGAGE FINANCE CORPORATION
                       ----------------------------------
                           (Exact Name of Registrant)

         Delaware                        333-56081               52-1495132
- ----------------------------    ------------------------     -------------------
(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 October 25, 1999, Chase Mortgage Finance Corporation (the
"Depositor") made the distributions to holders of its Mortgage Pass-Through
Certificates, Series 1999-S1, Series 1999-S2, Series 1999-S3, Series 1999-S4,
Series 1999-S5, Series 1999-S6, Series 1999-S7, Series 1999-S8, Series 1999-S9,
Series 1999-S10, Series 1999-S11, Series 1999-S12, Series 1999-S13, Series
1999-AS1 and Series 1999-AS2 contemplated by the applicable Pooling and
Servicing Agreements for such Series (collectively, the "Pooling and Servicing
Agreements").

         Copies of the Certificateholders' Reports with respect to such
distributions delivered pursuant to Section 6.02 of the Pooling and Servicing
Agreements are being filed as exhibits to this Current Report on Form 8-K.


Item 7(c).        Exhibits

                  Exhibits        Description
                  --------        -----------

                  20.1            Monthly Reports with respect to the October
                                  25, 1999 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: November 5, 1999

                                             THE CHASE MANHATTAN BANK,
                                             As Paying Agent, on behalf of Chase
                                             Mortgage Finance Corp.


                                             By: /s/ Andrew M. Cooper
                                                 -------------------------------
                                                 Name:  Andrew M. Cooper
                                                 Title: Trust Officer
<PAGE>

                                INDEX TO EXHIBITS
                                -----------------

Exhibit No.             Description
- -----------             -----------
20.1                    Monthly Reports with respect to the distribution to
                        certificateholders on October 25, 1999.


<PAGE>

- --------------------------------------------------------------------------------
               Chase Mortgage Finance Corporation, Series 1999-S1
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                   CURRENT
              FACE            PRINCIPAL                                                     DEFERRED     REALIZED      PRINCIPAL
  CLASS       VALUE            BALANCE           PRINCIPAL      INTEREST         TOTAL       LOSSES      INTEREST       BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>            <C>             <C>               <C>     <C>          <C>
   A1      33,921,000.00     33,921,000.00            0.00     172,431.75      172,431.75      0.00         0.00     33,921,000.00
   A2      25,000,000.00     25,000,000.00            0.00     122,916.67      122,916.67      0.00         0.00     25,000,000.00
   A3      10,000,000.00     10,000,000.00            0.00      50,416.67       50,416.67      0.00         0.00     10,000,000.00
   A4      37,285,000.00     37,285,000.00            0.00     192,639.17      192,639.17      0.00         0.00     37,285,000.00
   A6      89,193,000.00     82,442,459.58    1,298,083.25     446,563.32    1,744,646.57      0.00         0.00     81,144,376.33
   A7      18,242,000.00     12,171,234.01      238,483.45           0.00      238,483.45      0.00    65,927.52     11,998,678.08
   A8      63,600,000.00     63,600,000.00            0.00     344,500.00      344,500.00      0.00         0.00     63,600,000.00
   A9      56,234,000.00     53,286,422.91      337,959.07     288,634.79      626,593.86      0.00         0.00     52,948,463.84
   A10      3,513,000.00      3,513,000.00            0.00      19,028.75       19,028.75      0.00         0.00      3,513,000.00
   A11      5,000,000.00      5,000,000.00            0.00      29,166.67       29,166.67      0.00         0.00      5,000,000.00
   A12      5,000,000.00      5,000,000.00            0.00      27,083.33       27,083.33      0.00         0.00      5,000,000.00
   A13     11,522,200.00     11,522,200.00            0.00      64,812.38       64,812.38      0.00         0.00     11,522,200.00
   A14      1,642,800.00      1,642,800.00            0.00           0.00            0.00      0.00         0.00      1,642,800.00
   A15      1,500,000.00      1,500,000.00            0.00       8,437.50        8,437.50      0.00         0.00      1,500,000.00
   A16      3,500,000.00      3,500,000.00            0.00      19,687.50       19,687.50      0.00         0.00      3,500,000.00
   A17      3,300,000.00      3,300,000.00            0.00      18,562.50       18,562.50      0.00         0.00      3,300,000.00
   A18      3,000,000.00      3,000,000.00            0.00      16,250.00       16,250.00      0.00         0.00      3,000,000.00
   A19      2,000,000.00      2,000,000.00            0.00      13,333.33       13,333.33      0.00         0.00      2,000,000.00
   A20      6,000,000.00      6,000,000.00            0.00      35,000.00       35,000.00      0.00         0.00      6,000,000.00
   A21        885,000.00        885,000.00            0.00       4,978.13        4,978.13      0.00         0.00        885,000.00
   A22      1,000,000.00      1,000,000.00            0.00       5,416.67        5,416.67      0.00         0.00      1,000,000.00
   A23      1,000,000.00      1,044,163.84            0.00           0.00            0.00      0.00     5,655.89      1,049,819.73
   AP         661,605.00        653,247.96          670.19           0.00          670.19      0.00         0.00        652,577.77
   AR             100.00              0.00            0.00           0.00            0.00      0.00         0.00              0.00
    M       8,600,000.00      8,542,354.71        7,486.61      46,271.09       53,757.70      0.00         0.00      8,534,868.10
   B1       3,600,000.00      3,575,869.42        3,133.93      19,369.29       22,503.22      0.00         0.00      3,572,735.49
   B2       1,600,000.00      1,589,275.30        1,392.86       8,608.57       10,001.43      0.00         0.00      1,587,882.44
   B3       1,400,000.00      1,390,615.88        1,218.75       7,532.50        8,751.25      0.00         0.00      1,389,397.13
   B4         800,000.00        794,637.64          696.43       4,304.29        5,000.72      0.00         0.00        793,941.21
   B5       1,000,424.92        993,719.35          870.91       5,382.65        6,253.56      0.00         0.00        992,848.44
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   400,000,129.92    384,153,000.60    1,889,995.45   1,971,327.52    3,861,322.97      0.00    71,583.41    382,334,588.56
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   A5       6,808,292.00      6,808,292.00            0.00      36,878.25       36,878.25      0.00         0.00      6,808,292.00
   AX     361,515,966.00    346,319,985.25            0.00     107,960.91      107,960.91      0.00         0.00    344,541,929.34
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
               Chase Mortgage Finance Corporation, Series 1999-S1
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------              ----------------------
                        FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                           PASS-THROUGH RATES
- ------------------------------------------------------------------------------------------------              ----------------------
                PRIOR                                                                CURRENT                              CURRENT
              PRINCIPAL                                                              PRINCIPAL                CLASS      PASS-THRU
 CLASS          FACTOR            PRINCIPAL        INTEREST          TOTAL            FACTOR                                RATE
- ------------------------------------------------------------------------------------------------              ----------------------
<S>         <C>                 <C>              <C>             <C>              <C>                          <C>       <C>
   A1       1,000.00000000       0.00000000      5.08333333       5.08333333      1,000.00000000               A1        6.100000%
   A2       1,000.00000000       0.00000000      4.91666680       4.91666680      1,000.00000000               A2        5.900000%
   A3       1,000.00000000       0.00000000      5.04166700       5.04166700      1,000.00000000               A3        6.050000%
   A4       1,000.00000000       0.00000000      5.16666676       5.16666676      1,000.00000000               A4        6.200000%
   A6         924.31535636      14.55364490      5.00670815      19.56035305        909.76171146               A6        6.500000%
   A7         667.20940741      13.07331707      0.00000000      13.07331707        657.75014143               A7        6.500000%
   A8       1,000.00000000       0.00000000      5.41666667       5.41666667      1,000.00000000               A8        6.500000%
   A9         947.58371999       6.00987072      5.13274514      11.14261586        941.57384927               A9        6.500000%
   A10      1,000.00000000       0.00000000      5.41666667       5.41666667      1,000.00000000               A10       6.500000%
   A11      1,000.00000000       0.00000000      5.83333400       5.83333400      1,000.00000000               A11       7.000000%
   A12      1,000.00000000       0.00000000      5.41666600       5.41666600      1,000.00000000               A12       6.500000%
   A13      1,000.00000000       0.00000000      5.62500043       5.62500043      1,000.00000000               A13       6.750000%
   A14      1,000.00000000       0.00000000      0.00000000       0.00000000      1,000.00000000               A14       0.000000%
   A15      1,000.00000000       0.00000000      5.62500000       5.62500000      1,000.00000000               A15       6.750000%
   A16      1,000.00000000       0.00000000      5.62500000       5.62500000      1,000.00000000               A16       6.750000%
   A17      1,000.00000000       0.00000000      5.62500000       5.62500000      1,000.00000000               A17       6.750000%
   A18      1,000.00000000       0.00000000      5.41666667       5.41666667      1,000.00000000               A18       6.500000%
   A19      1,000.00000000       0.00000000      6.66666500       6.66666500      1,000.00000000               A19       8.000000%
   A20      1,000.00000000       0.00000000      5.83333333       5.83333333      1,000.00000000               A20       7.000000%
   A21      1,000.00000000       0.00000000      5.62500565       5.62500565      1,000.00000000               A21       6.750000%
   A22      1,000.00000000       0.00000000      5.41667000       5.41667000      1,000.00000000               A22       6.500000%
   A23      1,044.16384000       0.00000000      0.00000000       0.00000000      1,049.81973000               A23       6.500000%
   AP         987.36853561       1.01297602      0.00000000       1.01297602        986.35555959               AP        0.000000%
   AR           0.00000000       0.00000000      0.00000000       0.00000000          0.00000000               AR        6.500000%
    M         993.29705930       0.87053605      5.38035930       6.25089535        992.42652326                M        6.500000%
   B1         993.29706111       0.87053611      5.38035833       6.25089444        992.42652500               B1        6.500000%
   B2         993.29706250       0.87053750      5.38035625       6.25089375        992.42652500               B2        6.500000%
   B3         993.29705714       0.87053571      5.38035714       6.25089286        992.42652143               B3        6.500000%
   B4         993.29705000       0.87053750      5.38036250       6.25090000        992.42651250               B4        6.500000%
   B5         993.29727812       0.87054009      5.38036378       6.25090387        992.42673803               B5        6.500000%
- ------------------------------------------------------------------------------------------------              ----------------------
 TOTALS       960.38218957       4.72498709      4.92831720       9.65330429        955.83616094
- ------------------------------------------------------------------------------------------------              ----------------------

- ------------------------------------------------------------------------------------------------              ----------------------
   A5       1,000.00000000       0.00000000      5.41666691       5.41666691      1,000.00000000               A5        6.500000%
   AX         957.96594845       0.00000000      0.29863386       0.29863386        953.04761544               AX        0.374081%
- ------------------------------------------------------------------------------------------------              ----------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
               Chase Mortgage Finance Corporation, Series 1999-S1
                                October 25, 1999
- --------------------------------------------------------------------------------
                         STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                      1,481,689.97
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv):      Aggregate Servicer Advances                                                                      106,941.34

 Sec. 6.02(a)(v):       Number of Outstanding Mortgage Loans                                                               1,224.00

                        Ending Principal Balance of Outstanding Mortgage Loans                                       382,334,588.91

 Sec. 6.02(a)(vi):      Aggregate Amount of Servicing Fees                                                                98,759.34

 Sec. 6.02(a)(vii):     Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                        Group Totals
                        -----------------------------------------------------------------------
                         Category        Number        Principal Balance           Percentage
                        -----------------------------------------------------------------------
                         1 Month           6             1,766,028.91                 0.46%
                        -----------------------------------------------------------------------
                         2 Months          1               277,424.30                 0.07%
                        -----------------------------------------------------------------------
                         3+ Months         1                68,631.15                 0.02%
                        -----------------------------------------------------------------------
                         Total             8             2,112,084.36                 0.55%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                               Group Totals
                        -----------------------------------------------------------------------
                                 Number          Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                   1                 29,780.89                0.01%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii):    Number and Aggregate Principal Amounts of REO Loans
                        -----------------------------------------------------------------------
                                               Group Totals
                        -----------------------------------------------------------------------
                                Number           Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                   0                      0.00                0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(ix):      Aggregate Amount of All Advances Recovered During the Related Due Period                          27,175.17

 Sec. 6.02(a)(x):       Class A Percentage                                                                                    95.60%
                        Class A Principal Balance                                                                    367,266,528.30
                        Class M Percentage                                                                                     2.22%
                        Class M Principal Balance                                                                      8,542,354.71
                        Class B Percentage                                                                                     2.17%
                        Class B Principal Balance                                                                      8,344,117.59

                        NON-PO Class A Percentage                                                                             95.60%
                        NON-PO Class A Prepayment Percentage                                                                 100.00%

                        M  Credit Support                                                                                      2.19%
                        B1 Credit Support                                                                                      1.23%
                        B2 Credit Support                                                                                      0.82%
                        B3 Credit Support                                                                                      0.46%
                        B4 Credit Support                                                                                      0.26%

 Sec. 6.02(a)(xi):      Aggregate Cummulative Losses Since Cut-Off                                                             0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
               Chase Mortgage Finance Corporation, Series 1999-S1
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>

 Sec. 6.02(a)(xiv):     Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S2
                         Statement to Certificateholders
                                October 25, 1999
- --------------------------------------------------------------------------------




<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                  CURRENT
              FACE            PRINCIPAL                                                     REALIZED   DEFERRED       PRINCIPAL
  CLASS       VALUE            BALANCE          PRINCIPAL       INTEREST         TOTAL       LOSSES    INTEREST        BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>             <C>             <C>              <C>      <C>        <C>
   A1     215,000,000.00    206,256,898.94    1,001,102.57    1,117,224.87    2,118,327.44     0.00     0.00       205,255,796.37
   A2     126,772,000.00    120,675,821.94      698,024.58      653,660.70    1,351,685.28     0.00     0.00       119,977,797.36
   A3       8,000,000.00      8,000,000.00            0.00       43,333.33       43,333.33     0.00     0.00         8,000,000.00
   A4       3,651,000.00      3,651,000.00            0.00       19,776.25       19,776.25     0.00     0.00         3,651,000.00
   A5       6,008,000.00      6,008,000.00            0.00       32,543.33       32,543.33     0.00     0.00         6,008,000.00
   A6       3,731,000.00      3,731,000.00            0.00       20,209.58       20,209.58     0.00     0.00         3,731,000.00
   A7       5,611,000.00      5,611,000.00            0.00       30,392.92       30,392.92     0.00     0.00         5,611,000.00
   A8       9,581,000.00      9,581,000.00            0.00       50,065.76       50,065.76     0.00     0.00         9,581,000.00
   A9       3,200,000.00      3,200,000.00            0.00       17,333.33       17,333.33     0.00     0.00         3,200,000.00
   A10      1,000,000.00      1,000,000.00            0.00        6,666.67        6,666.67     0.00     0.00         1,000,000.00
   A11      2,948,000.00      2,948,000.00            0.00       17,799.66       17,799.66     0.00     0.00         2,948,000.00
   A12     45,000,000.00     45,000,000.00            0.00      243,750.00      243,750.00     0.00     0.00        45,000,000.00
   AP         374,266.00        371,403.80          395.31            0.00          395.31     0.00     0.00           371,008.49
   AR             100.00              0.00            0.00            0.00            0.00     0.00     0.00                 0.00
    M       9,900,000.00      9,842,633.37        8,495.47       53,314.26       61,809.73     0.00     0.00         9,834,137.90
   B1       4,050,000.00      4,026,531.83        3,475.42       21,810.38       25,285.80     0.00     0.00         4,023,056.41
   B2       1,575,000.00      1,565,873.49        1,351.55        8,481.81        9,833.36     0.00     0.00         1,564,521.94
   B3       1,575,000.00      1,565,873.49        1,351.55        8,481.81        9,833.36     0.00     0.00         1,564,521.94
   B4         900,000.00        894,784.86          772.32        4,846.75        5,619.07     0.00     0.00           894,012.54
   B5       1,125,239.36      1,118,719.03          965.60        6,059.73        7,025.33     0.00     0.00         1,117,753.43
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   450,001,605.36    435,048,540.75    1,715,934.37    2,355,751.14    4,071,685.51     0.00     0.00       433,332,606.38
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX     420,440,757.99    405,708,092.01            0.00      133,170.22      133,170.22     0.00     0.00       404,023,689.23
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S2
                         Statement to Certificateholders
                                October 25, 1999
<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>
   A1     16162TFL5      959.33441367    4.65629102    5.19639474     9.85268577      954.67812265             A1        6.500000%
   A2     16162TFM3      951.91226722    5.50614158    5.15619143    10.66233301      946.40612564             A2        6.500000%
   A3     16162TFN1    1,000.00000000    0.00000000    5.41666625     5.41666625    1,000.00000000             A3        6.500000%
   A4     16162TFP6    1,000.00000000    0.00000000    5.41666667     5.41666667    1,000.00000000             A4        6.500000%
   A5     16162TFQ4    1,000.00000000    0.00000000    5.41666611     5.41666611    1,000.00000000             A5        6.500000%
   A6     16162TFR2    1,000.00000000    0.00000000    5.41666577     5.41666577    1,000.00000000             A6        6.500000%
   A7     16162TFS0    1,000.00000000    0.00000000    5.41666726     5.41666726    1,000.00000000             A7        6.500000%
   A8     16162TFT8    1,000.00000000    0.00000000    5.22552552     5.22552552    1,000.00000000             A8        6.270630%
   A9     16162TFU5    1,000.00000000    0.00000000    5.41666563     5.41666563    1,000.00000000             A9        6.500000%
   A10    16162TFV5    1,000.00000000    0.00000000    6.66667000     6.66667000    1,000.00000000             A10       8.000000%
   A11    16162TFW1    1,000.00000000    0.00000000    6.03787653     6.03787653    1,000.00000000             A11       7.245452%
   A12    16162TFX9    1,000.00000000    0.00000000    5.41666667     5.41666667    1,000.00000000             A12       6.500000%
   AP     16162TFY7      992.35249796    1.05622739    0.00000000     1.05622739      991.29627057             AP        0.000000%
   AR     16162TFZ4        0.00000000    0.00000000    0.00000000     0.00000000        0.00000000             AR        6.500000%
    M     16162TGA8      994.20539091    0.85812828    5.38527879     6.24340707      993.34726263              M        6.500000%
   B1     16162TGB6      994.20539012    0.85812840    5.38527901     6.24340741      993.34726173             B1        6.500000%
   B2     16162TGC4      994.20539048    0.85812698    5.38527619     6.24340317      993.34726349             B2        6.500000%
   B3     16162TGE0      994.20539048    0.85812698    5.38527619     6.24340317      993.34726349             B3        6.500000%
   B4     16162TGF7      994.20540000    0.85813333    5.38527778     6.24341111      993.34726667             B4        6.500000%
   B5     16162TGG5      994.20538400    0.85812853    5.38528087     6.24340940      993.34725547             B5        6.500000%
- --------------------------------------------------------------------------------------------------            ----------------------
 TOTALS                  966.77108608    3.81317389    5.23498386     9.04815774      962.95791219
- --------------------------------------------------------------------------------------------------            ----------------------

- --------------------------------------------------------------------------------------------------            ----------------------
   AX     16162TGD2      964.95899672    0.00000000    0.31673956     0.31673956      960.95271819             AX        0.393889%
- --------------------------------------------------------------------------------------------------            ----------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S2
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                      1,340,405.64
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                      112,854.50

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                  1,412

                        Ending Principal Balance of Outstanding Mortgage Loans                                       433,332,607.18

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                               111,408.68

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency

                        -----------------------------------------------------------------------
                                                          Group 1
                        -----------------------------------------------------------------------
                         Category        Number        Principal Balance          Percentage
                        -----------------------------------------------------------------------
                         1 Month           2             175,208.47                  0.04%
                        -----------------------------------------------------------------------
                         2 Months          2             341,357.99                  0.08%
                        -----------------------------------------------------------------------
                         3+Months          0                   0.00                  0.00%
                        -----------------------------------------------------------------------
                         Total             4             516,566.46                  0.12%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                         Group 1
                        -----------------------------------------------------------------------
                                 Number           Principal Balance          Percentage
                        -----------------------------------------------------------------------
                                   3                  803,362.36                0.19%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Aggregate Number of REO Loans                                                                             0
                        Aggregate Balance of REO Loans                                                                         0.00

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                   17,067.56

 Sec. 6.02(a)(x)        Class A Percentage                                                                                 95.62936%
                        Class M Percentage                                                                                  2.26242%
                        Class B Percentage                                                                                  2.10822%
                        Class A Principal Balance                                                                    416,034,124.68
                        Class M Principal Balance                                                                      9,842,633.37
                        Class B Principal Balance                                                                      9,171,782.70
                        NON-PO Class A Percentage                                                                          95.62562%
                        NON-PO Class A Prepayment Percentage                                                              100.00000%
                        M  Credit Support                                                                                      2.11%
                        B1 Credit Support                                                                                      1.18%
                        B2 Credit Support                                                                                      0.82%
                        B3 Credit Support                                                                                      0.46%
                        B4 Credit Support                                                                                      0.26%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S3
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                   CURRENT
              FACE            PRINCIPAL                                                     REALIZED   DEFERRED        PRINCIPAL
  CLASS       VALUE            BALANCE          PRINCIPAL      INTEREST        TOTAL         LOSSES    INTEREST         BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>             <C>           <C>                <C>       <C>       <C>
   A1     112,065,223.00    105,954,719.18    1,723,008.49    551,847.50    2,274,855.99       0.00      0.00      104,231,710.69
   AP         176,004.00        161,819.69        5,294.83          0.00        5,294.83       0.00      0.00          156,524.86
   AR             100.00              0.00            0.00          0.00            0.00       0.00      0.00                0.00
    M       1,265,014.00      1,235,209.99        4,378.46      6,433.39       10,811.85       0.00      0.00        1,230,831.53
   B1         402,504.00        393,020.92        1,393.15      2,046.98        3,440.13       0.00      0.00          391,627.77
   B2         402,504.00        393,020.92        1,393.15      2,046.98        3,440.13       0.00      0.00          391,627.77
   B3         345,004.00        336,875.64        1,194.13      1,754.56        2,948.69       0.00      0.00          335,681.51
   B4         172,502.00        168,437.82          597.06        877.28        1,474.34       0.00      0.00          167,840.76
   B5         172,505.00        168,440.73          597.07        877.30        1,474.37       0.00      0.00          167,843.66
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   115,001,360.00    108,811,544.89    1,737,856.34    565,883.99    2,303,740.33       0.00      0.00      107,073,688.55
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX     105,726,363.20    100,157,241.69           0.00      28,081.34       28,081.34       0.00      0.00       98,904,373.10
- ------------------------------------------------------------------------------------------------------------------------------------
<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>
   A1     16162TFE1    945.47368348    15.37505074    4.92434214    20.29939288    930.09863274                A1        6.250000%
   AP     16162TFF8    919.40916116    30.08357765    0.00000000    30.08357765    889.32558351                AP        0.000000%
   AR     16162TFG6      0.00000000     0.00000000    0.00000000     0.00000000      0.00000000                AR        6.250000%
    M     16162TFH4    976.43977853     3.46119490    5.08562751     8.54682241    972.97858364                 M        6.250000%
   B1     16162TFJ0    976.43978693     3.46120784    5.08561406     8.54682189    972.97857909                B1        6.250000%
   B2     16162TFK7    976.43978693     3.46120784    5.08561406     8.54682189    972.97857909                B2        6.250000%
   B3     16162TGH3    976.43980939     3.46120625    5.08562220     8.54682844    972.97860315                B3        6.250000%
   B4     16162TGJ8    976.43980939     3.46117726    5.08562220     8.54679946    972.97863213                B4        6.250000%
   B5     16162TGK6    976.43969740     3.46117504    5.08564969     8.54682473    972.97852236                B5        6.250000%
- -----------------------------------------------------------------------------------------------              -----------------------
 TOTALS                946.17615731    15.11161555    4.92067216    20.03228771    931.06454176
- -----------------------------------------------------------------------------------------------              -----------------------

- -----------------------------------------------------------------------------------------------              -----------------------
   AX                  947.32513877     0.00000000    0.26560395     0.26560395    935.47503297                AX        0.336446%
- -----------------------------------------------------------------------------------------------              -----------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S3
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                      1,352,133.61
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                       47,840.10

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                    349
                        Ending Principal Balance of Outstanding Mortgage Loans                                       107,073,689.06

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                                28,553.96

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group Totals
                        -----------------------------------------------------------------------
                         Category         Number       Principal Balance          Percentage
                        -----------------------------------------------------------------------
                         1 Month            0                 0.00                   0.00%
                        -----------------------------------------------------------------------
                         2 Months           1            58,838.58                   0.05%
                        -----------------------------------------------------------------------
                         3+ Months          0                 0.00                   0.00%
                        -----------------------------------------------------------------------
                         Total              1            58,838.58                   0.05%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group Totals
                        -----------------------------------------------------------------------
                                 Number            Principal Balance         Percentage
                        -----------------------------------------------------------------------
                                   0                     0.00                   0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Number and Aggregate Principal Amounts of REO Loans
                        -----------------------------------------------------------------------
                                                     Group Totals
                        -----------------------------------------------------------------------
                               Number              Principal Balance         Percentage
                        -----------------------------------------------------------------------
                                  0                      0.00                   0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                    3,791.70

 Sec. 6.02(a)(x)        Class A Percentage                                                                                    97.52%
                        Class M Percentage                                                                                     1.14%
                        Class B Percentage                                                                                     1.34%
                        Class A Principal Balance                                                                    106,116,538.87
                        Class M Principal Balance                                                                      1,235,209.99
                        Class B Principal Balance                                                                      1,459,796.03
                        NON-PO Class A Percentage                                                                           97.5195%
                        NON-PO Class A Prepayment Percentage                                                               100.0000%
                        M  Credit Support                                                                                      1.34%
                        B1 Credit Support                                                                                      0.98%
                        B2 Credit Support                                                                                      0.62%
                        B3 Credit Support                                                                                      0.31%
                        B4 Credit Support                                                                                      0.16%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S4
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                      CURRENT
              FACE            PRINCIPAL                                                        REALIZED    DEFERRED       PRINCIPAL
  CLASS       VALUE            BALANCE          PRINCIPAL        INTEREST          TOTAL        LOSSES     INTEREST        BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>              <C>              <C>               <C>        <C>      <C>
   A1     207,499,900.00    199,867,299.63      758,493.71     1,082,614.54     1,841,108.25      0.00       0.00     199,108,805.92
   A2      72,600,000.00     69,467,332.15      311,306.45       376,281.38       687,587.83      0.00       0.00      69,156,025.70
   A3      10,000,000.00     10,000,000.00            0.00        54,166.67        54,166.67      0.00       0.00      10,000,000.00
   A4      40,989,000.00     40,989,000.00            0.00       222,023.75       222,023.75      0.00       0.00      40,989,000.00
   A5       3,250,000.00      3,250,000.00            0.00        17,604.17        17,604.17      0.00       0.00       3,250,000.00
   A6       5,500,000.00      5,500,000.00            0.00        29,791.67        29,791.67      0.00       0.00       5,500,000.00
   A7       1,170,000.00      1,170,000.00            0.00         6,337.50         6,337.50      0.00       0.00       1,170,000.00
   A8       4,526,877.00      4,526,877.00            0.00        24,520.58        24,520.58      0.00       0.00       4,526,877.00
   A9       1,300,000.00      1,300,000.00            0.00         8,666.67         8,666.67      0.00       0.00       1,300,000.00
   A10      1,680,000.00      1,680,000.00            0.00         9,100.00         9,100.00      0.00       0.00       1,680,000.00
   A11      2,000,000.00      2,000,000.00            0.00        11,666.67        11,666.67      0.00       0.00       2,000,000.00
   A12      2,000,000.00      2,000,000.00            0.00        10,000.00        10,000.00      0.00       0.00       2,000,000.00
   A13      9,500,000.00      8,047,028.12      144,387.96        43,588.07       187,976.03      0.00       0.00       7,902,640.16
   A15     25,000,000.00     25,000,000.00            0.00       130,208.33       130,208.33      0.00       0.00      25,000,000.00
   A16      5,000,000.00      5,000,000.00            0.00        27,083.33        27,083.33      0.00       0.00       5,000,000.00
   A17     38,363,800.00     37,270,236.57      174,894.09       201,880.45       376,774.54      0.00       0.00      37,095,342.48
   AP         504,519.00        475,977.75          546.59             0.00           546.59      0.00       0.00         475,431.16
   AR             100.00              0.00            0.00             0.00             0.00      0.00       0.00               0.00
    M       9,900,211.00      9,851,368.55        8,368.70        53,361.58        61,730.28      0.00       0.00       9,842,999.85
   B1       4,050,087.00      4,030,106.00        3,423.56        21,829.74        25,253.30      0.00       0.00       4,026,682.44
   B2       1,575,034.00      1,567,263.61        1,331.38         8,489.34         9,820.72      0.00       0.00       1,565,932.23
   B3       1,575,033.00      1,567,262.63        1,331.38         8,489.34         9,820.72      0.00       0.00       1,565,931.25
   B4         900,020.00        895,579.77          760.79         4,851.06         5,611.85      0.00       0.00         894,818.98
   B5       1,125,024.08      1,119,473.81          950.99         6,063.82         7,014.81      0.00       0.00       1,118,522.82
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   450,009,605.08    436,574,805.59    1,405,795.60     2,358,618.66     3,764,414.26      0.00       0.00     435,169,009.99
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   A14     25,000,000.00     25,000,000.00            0.00         5,208.33         5,208.33      0.00       0.00      25,000,000.00
   AX     419,564,188.06    407,056,519.27            0.00       132,026.36       132,026.36      0.00       0.00     405,684,010.73
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S4
                         Statement to Certificateholders
                                October 25, 1999
<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>
 A1     16162T GL4      963.21636603     3.65539314     5.21742198     8.87281512       959.56097290             A1       6.500000%
 A2     16162T GM2      956.85030510     4.28796763     5.18293912     9.47090675       952.56233747             A2       6.500000%
 A3     16162T GN0    1,000.00000000     0.00000000     5.41666700     5.41666700     1,000.00000000             A3       6.500000%
 A4     16162T GP5    1,000.00000000     0.00000000     5.41666667     5.41666667     1,000.00000000             A4       6.500000%
 A5     16162T GQ3    1,000.00000000     0.00000000     5.41666769     5.41666769     1,000.00000000             A5       6.500000%
 A6     16162T GR1    1,000.00000000     0.00000000     5.41666727     5.41666727     1,000.00000000             A6       6.500000%
 A7     16162T GS9    1,000.00000000     0.00000000     5.41666667     5.41666667     1,000.00000000             A7       6.500000%
 A8     16162T GT7    1,000.00000000     0.00000000     5.41666584     5.41666584     1,000.00000000             A8       6.500000%
 A9     16162T GU4    1,000.00000000     0.00000000     6.66666923     6.66666923     1,000.00000000             A9       8.000000%
 A10    16162T GV2    1,000.00000000     0.00000000     5.41666667     5.41666667     1,000.00000000             A10      6.500000%
 A11    16162T GW0    1,000.00000000     0.00000000     5.83333500     5.83333500     1,000.00000000             A11      7.000000%
 A12    16162T GX8    1,000.00000000     0.00000000     5.00000000     5.00000000     1,000.00000000             A12      6.000000%
 A13    16162T GY6      847.05559158    15.19873263     4.58821789    19.78695053       831.85685895             A13      6.500000%
 A15    16162T HA7    1,000.00000000     0.00000000     5.20833320     5.20833320     1,000.00000000             A15      6.250000%
 A16    16162T HB5    1,000.00000000     0.00000000     5.41666600     5.41666600     1,000.00000000             A16      6.500000%
 A17    16162T HC3      971.49491369     4.55883124     5.26226417     9.82109541       966.93608245             A17      6.500000%
 AP     16162T HD1      943.42879059     1.08338834     0.00000000     1.08338834       942.34540225             AP       0.000000%
 AR     16162T HE9        0.00000000     0.00000000     0.00000000     0.00000000         0.00000000             AR       6.500000%
  M     16162T HH2      995.06652434     0.84530522     5.38994371     6.23524893       994.22121912              M       6.500000%
 B1     16162T HF6      995.06652573     0.84530530     5.38994348     6.23524877       994.22122043             B1       6.500000%
 B2     16162T HG4      995.06652555     0.84530239     5.38994079     6.23524318       994.22122316             B2       6.500000%
 B3     16162T HJ8      995.06653511     0.84530292     5.38994421     6.23524713       994.22123219             B3       6.500000%
 B4     16162T HK5      995.06652074     0.84530344     5.38994689     6.23525033       994.22121731             B4       6.500000%
 B5     16162T HL3      995.06653226     0.84530635     5.38994685     6.23525320       994.22122591             B5       6.500000%
- ----------------------------------------------------------------------------------------------------           ---------------------
 TOTALS                 970.14552725     3.12392354     5.24126293     8.36518647       967.02160371
- ----------------------------------------------------------------------------------------------------           ---------------------

- ----------------------------------------------------------------------------------------------------           ---------------------
 A14    16162T GZ3    1,000.00000000     0.00000000     0.20833320     0.20833320     1,000.00000000             A14      0.250000%
 AX                    970.18890280      0.00000000     0.31467500     0.31467500       966.91763090             AX       0.389213%
- ----------------------------------------------------------------------------------------------------           ---------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S4
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                      1,034,886.44
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

                        Group 1 Amount of Principal Prepayments                                                          891,344.81
                        Group 1 Amount of Repurchase Proceeds                                                                  0.00

                        Group 2 Amount of Principal Prepayments                                                          143,318.04
                        Group 2 Amount of Repurchase Proceeds                                                                  0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                      121,852.65
                        Group 1 Servicer Advances                                                                        110,278.53
                        Group 2 Servicer Advances                                                                         11,574.12

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                  1,364
                        Ending Principal Balance of Outstanding Mortgage Loans                                       435,169,010.44

                        Group 1 Outstanding Mortgage Loans                                                                    1,068
                        Ending Principal Balance of Group 1 Mortgage Loans                                           396,324,585.17

                        Group 2 Outstanding Mortgage Loans                                                                      296
                        Ending Principal Balance of Group 2 Mortgage Loans                                            38,844,425.27

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                               111,799.53

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            1               239,771.96               0.06%
                        -----------------------------------------------------------------------
                         2 Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              1               239,771.96               0.06%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            1                77,117.29               0.20%
                        -----------------------------------------------------------------------
                         2 Months           1                62,783.89               0.16%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              2               139,901.18               0.36%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group Totals
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            2               316,889.25               0.07%
                        -----------------------------------------------------------------------
                         2 Months           1                62,783.89               0.01%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              3               379,673.14               0.08%
                        -----------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S4
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        ------------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      1                333,750.92             0.08%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                   Group Totals
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      1                333,750.92             0.08%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Number and Aggregate Principal Amounts of REO Loans
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                   Group Totals
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                   24,731.59

 Sec. 6.02(a)(x)        Class A Percentage                                                                                 95.64083%
                        Class M Percentage                                                                                  2.25651%
                        Class B Percentage                                                                                  2.10266%
                        Class A Principal Balance                                                                    417,543,751.22
                        Class M Principal Balance                                                                      9,851,368.55
                        Class B Principal Balance                                                                      9,179,685.82
                        NON-PO Class A Percentage                                                                          95.63607%
                        NON-PO Class A Prepayment Percentage                                                              100.00000%
                        M  Credit Support                                                                                      2.10%
                        B1 Credit Support                                                                                      1.18%
                        B2 Credit Support                                                                                      0.82%
                        B3 Credit Support                                                                                      0.46%
                        B4 Credit Support                                                                                      0.26%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Group 1 Current Period Realized Losses                                                                 0.00
                        Group 2 Current Period Realized Losses                                                                 0.00

                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S5
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                     CURRENT
              FACE            PRINCIPAL                                                     REALIZED     DEFERRED        PRINCIPAL
  CLASS       VALUE            BALANCE          PRINCIPAL       INTEREST         TOTAL       LOSSES      INTEREST         BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>             <C>             <C>              <C>         <C>       <C>
   A1      86,402,913.00     83,678,239.24      418,253.16      453,257.13      871,510.29     0.00        0.00       83,259,986.08
   A2     154,962,609.00    149,255,045.84      876,111.75      808,464.83    1,684,576.58     0.00        0.00      148,378,934.09
   A3      14,500,000.00     14,500,000.00            0.00       78,541.67       78,541.67     0.00        0.00       14,500,000.00
   A4      30,151,743.00     30,151,743.00            0.00      163,321.94      163,321.94     0.00        0.00       30,151,743.00
   A5      41,730,000.00     41,730,000.00            0.00      226,037.50      226,037.50     0.00        0.00       41,730,000.00
   A6      13,200,000.00     11,795,117.92      215,649.60       63,890.22      279,539.82     0.00        0.00       11,579,468.32
   A7      24,943,107.00     24,943,107.00            0.00      135,108.50      135,108.50     0.00        0.00       24,943,107.00
   A8      50,575,580.00     48,725,866.88      283,931.23      263,931.78      547,863.01     0.00        0.00       48,441,935.65
   A9       3,151,000.00      3,151,000.00            0.00       17,724.38       17,724.38     0.00        0.00        3,151,000.00
   A10      3,400,000.00      3,400,000.00            0.00       19,125.00       19,125.00     0.00        0.00        3,400,000.00
   A11      1,946,427.00      1,946,427.00            0.00       10,948.65       10,948.65     0.00        0.00        1,946,427.00
   A12      8,497,427.00      8,497,427.00            0.00       44,257.43       44,257.43     0.00        0.00        8,497,427.00
   A13      4,000,000.00      4,000,000.00            0.00       21,666.67       21,666.67     0.00        0.00        4,000,000.00
   A14     40,814,107.00     40,130,398.28      293,207.92      217,372.99      510,580.91     0.00        0.00       39,837,190.36
   AP         488,368.00        485,757.12          554.84            0.00          554.84     0.00        0.00          485,202.28
    M      11,250,314.00     11,204,037.76        9,466.52       60,688.54       70,155.06     0.00        0.00       11,194,571.24
   B1       4,500,126.00      4,481,615.51        3,786.61       24,275.42       28,062.03     0.00        0.00        4,477,828.90
   B2       1,750,049.00      1,742,850.48        1,472.57        9,440.44       10,913.01     0.00        0.00        1,741,377.91
   B3       1,500,042.00      1,493,871.84        1,262.20        8,091.81        9,354.01     0.00        0.00        1,492,609.64
   B4       1,000,028.00        995,914.55          841.47        5,394.54        6,236.01     0.00        0.00          995,073.08
   B5       1,250,035.73      1,244,893.93        1,051.84        6,743.18        7,795.02     0.00        0.00        1,243,842.09
   AR             100.00              0.00            0.00            0.00            0.00     0.00        0.00                0.00
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   500,013,975.73    487,553,313.35    2,105,589.71    2,638,282.62    4,743,872.33     0.00        0.00      485,447,723.64
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX     463,907,359.41    451,638,440.45            0.00      135,744.28      135,744.28     0.00        0.00      449,573,890.11
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S5
                         Statement to Certificateholders
                                October 25, 1999
<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>
   A1     16162THM1      968.46548727     4.84072985    5.24585473    10.08658458      963.62475742             A1      6.500000%
   A2     16162THN9      963.16812684     5.65369773    5.21716068    10.87085840      957.51442911             A2      6.500000%
   A3     16162THP4    1,000.00000000     0.00000000    5.41666690     5.41666690    1,000.00000000             A3      6.500000%
   A4     16162THQ3    1,000.00000000     0.00000000    5.41666663     5.41666663    1,000.00000000             A4      6.500000%
   A5     16162THR0    1,000.00000000     0.00000000    5.41666667     5.41666667    1,000.00000000             A5      6.500000%
   A6     16162THS8      893.56953939    16.33709091    4.84016818    21.17725909      877.23244848             A6      6.500000%
   A7     16162THT6    1,000.00000000     0.00000000    5.41666682     5.41666682    1,000.00000000             A7      6.500000%
   A8     16162THU3      963.42675418     5.61399849    5.21856161    10.83256010      957.81275568             A8      6.500000%
   A9     16162THV1    1,000.00000000     0.00000000    5.62500159     5.62500159    1,000.00000000             A9      6.750000%
   A10    16162THW9    1,000.00000000     0.00000000    5.62500000     5.62500000    1,000.00000000             A10     6.750000%
   A11    16162THX7    1,000.00000000     0.00000000    5.62499904     5.62499904    1,000.00000000             A11     6.750000%
   A12    16162THY5    1,000.00000000     0.00000000    5.20833306     5.20833306    1,000.00000000             A12     6.250000%
   A13    16162THZ2    1,000.00000000     0.00000000    5.41666750     5.41666750    1,000.00000000             A13     6.500000%
   A14    16162TJA5      983.24822542     7.18398469    5.32592787    12.50991257      976.06424073             A14     6.500000%
   AP     16162TJB3      994.65386758     1.13611047    0.00000000     1.13611047      993.51775710             AP      0.000000%
    M     16162TJD9      995.88667125     0.84144496    5.39438633     6.23583128      995.04522629              M      6.500000%
   B1     16162TJE7      995.88667295     0.84144533    5.39438673     6.23583206      995.04522762             B1      6.500000%
   B2     16162TJE7      995.88667517     0.84144501    5.39438610     6.23583111      995.04523016             B2      6.500000%
   B3     16162TJF4      995.88667517     0.84144311    5.39438896     6.23583206      995.04523207             B3      6.500000%
   B4     16162TJH0      995.88666517     0.84144644    5.39438896     6.23583540      995.04521873             B4      6.500000%
   B5     16162TJJ6      995.88667758     0.84144795    5.39438981     6.23583775      995.04522963             B5      6.500000%
   AR     16162TJC1        0.00000000     0.00000000    0.00000000     0.00000000        0.00000000             AR      6.500000%
 --------------------------------------------------------------------------------------------------            ---------------------
TOTALS                   975.07937181     4.21106171    5.27641776     9.48747947      970.86831009
 --------------------------------------------------------------------------------------------------            ---------------------

- ---------------------------------------------------------------------------------------------------            ---------------------
   AX     16162TJG2      973.55308401     0.00000000    0.29261075     0.29261075      969.10273353             AX      0.360672%
- ---------------------------------------------------------------------------------------------------            ---------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S5
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                      1,693,609.69
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

                        Group 1 Amount of Principal Prepayments                                                        1,433,128.32
                        Group 1 Amount of Repurchase Proceeds                                                                  0.00

                        Group 2 Amount of Principal Prepayments                                                          260,056.25
                        Group 2 Amount of Repurchase Proceeds                                                                  0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                      132,923.89
                        Group 1 Servicer Advances                                                                         21,326.50
                        Group 2 Servicer Advances                                                                        111,597.39

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                  1,464
                        Ending Principal Balance of Outstanding Mortgage Loans                                       485,447,723.90

                        Group 1 Outstanding Mortgage Loans                                                                    1,165
                        Ending Principal Balance of Group 1 Mortgage Loans                                           443,736,080.05

                        Group 2 Outstanding Mortgage Loans                                                                      299
                        Ending Principal Balance of Group 2 Mortgage Loans                                            41,711,643.85

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                               124,854.28

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number        Principal Balance         Percentage
                        -----------------------------------------------------------------------
                         1 Month            1               301,416.70               0.07%
                        -----------------------------------------------------------------------
                         2 Months           2               518,144.12               0.12%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              3               819,560.82               0.19%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                         Category         Number        Principal Balance         Percentage
                        -----------------------------------------------------------------------
                         1 Month            0                0.00                    0.00%
                        -----------------------------------------------------------------------
                         2 Months           0                0.00                    0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                0.00                    0.00%
                        -----------------------------------------------------------------------
                         Total              0                0.00                    0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group Totals
                        -----------------------------------------------------------------------
                         Category         Number        Principal Balance         Percentage
                        -----------------------------------------------------------------------
                         1 Month            1               301,416.70               0.06%
                        -----------------------------------------------------------------------
                         2 Months           2               518,144.12               0.11%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              3               819,560.82               0.17%
                        -----------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S5
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number          Principal Balance      Percentage
                        -----------------------------------------------------------------------
                                      1                354,115.57             0.08%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                                    Number          Principal Balance      Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                    Group Totals
                        -----------------------------------------------------------------------
                                    Number          Principal Balance      Percentage
                        -----------------------------------------------------------------------
                                      1                354,115.57             0.07%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Number and Aggregate Principal Amounts of REO Loans
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number          Principal Balance      Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                                    Number          Principal Balance      Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                    Group Totals
                        -----------------------------------------------------------------------
                                    Number          Principal Balance      Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                   22,892.99

 Sec. 6.02(a)(x)        Class A Percentage                                                                                 95.65931%
                        Class M Percentage                                                                                  2.29801%
                        Class B Percentage                                                                                  2.04268%
                        Class A Principal Balance                                                                    466,390,129.28
                        Class M Principal Balance                                                                     11,204,037.76
                        Class B Principal Balance                                                                      9,959,146.31
                        NON-PO Class A Percentage                                                                          95.65498%
                        NON-PO Class A Prepayment Percentage                                                              100.00000%
                        M  Credit Support                                                                                      2.04%
                        B1 Credit Support                                                                                      1.12%
                        B2 Credit Support                                                                                      0.77%
                        B3 Credit Support                                                                                      0.46%
                        B4 Credit Support                                                                                      0.26%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Group 1 Current Period Realized Losses                                                                 0.00
                        Group 2 Current Period Realized Losses                                                                 0.00

                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S6
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                   CURRENT
              FACE            PRINCIPAL                                                     REALIZED   DEFERRED        PRINCIPAL
  CLASS       VALUE            BALANCE          PRINCIPAL       INTEREST         TOTAL       LOSSES    INTEREST         BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>             <C>             <C>              <C>       <C>       <C>
   A1     165,406,000.00    158,789,073.34    1,978,595.16      827,026.42    2,805,621.58     0.00      0.00      156,810,478.18
   A2       9,330,316.00      9,330,316.00            0.00       48,595.40       48,595.40     0.00      0.00        9,330,316.00
   A3      43,684,004.00     42,954,813.01      148,942.42      223,722.98      372,665.40     0.00      0.00       42,805,870.59
   AP         392,628.00        382,742.24       13,404.28            0.00       13,404.28     0.00      0.00          369,337.96
   AR             100.00              0.00            0.00            0.00            0.00     0.00      0.00                0.00
    M       3,375,110.00      3,318,771.29       11,507.58       17,285.27       28,792.85     0.00      0.00        3,307,263.71
   B1         675,002.00        663,734.60        2,301.45        3,456.95        5,758.40     0.00      0.00          661,433.15
   B2         787,502.00        774,356.70        2,685.02        4,033.11        6,718.13     0.00      0.00          771,671.68
   B3         675,002.00        663,734.60        2,301.45        3,456.95        5,758.40     0.00      0.00          661,433.15
   B4         337,501.00        331,867.29        1,150.72        1,728.48        2,879.20     0.00      0.00          330,716.57
   B5         337,501.59        331,867.88        1,150.73        1,728.48        2,879.21     0.00      0.00          330,717.15
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   225,000,666.59    217,541,276.95    2,162,038.81    1,131,034.04    3,293,072.85     0.00      0.00      215,379,238.14
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX     199,288,133.52    192,378,808.31            0.00       56,509.53       56,509.53     0.00      0.00      190,706,183.23
- ------------------------------------------------------------------------------------------------------------------------------------
</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>
   A1     16162T JL1     959.99584864    11.96205192    4.99997836    16.96203028      948.03379672              A1      6.250000%
   A2     16162T JM9   1,000.00000000     0.00000000    5.20833378     5.20833378    1,000.00000000              A2      6.250000%
   A3     16162T JN7     983.30759722     3.40954140    5.12139363     8.53093503      979.89805582              A3      6.250000%
   AP     16162T JP2     974.82156138    34.13989833    0.00000000    34.13989833      940.68166305              AP      0.000000%
   AR     16162T JQ0       0.00000000     0.00000000    0.00000000     0.00000000        0.00000000              AR      6.250000%
    M     16162T JR8     983.30759294     3.40954221    5.12139456     8.53093677      979.89805073               M      6.250000%
   B1     16162T JS6     983.30760501     3.40954545    5.12139223     8.53093769      979.89805956              B1      6.250000%
   B2     16162T JT4     983.30759795     3.40954055    5.12139652     8.53093706      979.89805740              B2      6.250000%
   B3     16162T JU1     983.30760501     3.40954545    5.12139223     8.53093769      979.89805956              B3      6.250000%
   B4     16162T JV9     983.30757538     3.40953064    5.12140705     8.53093769      979.89804475              B4      6.250000%
   B5     16162T JW7     983.30760457     3.40955431    5.12139809     8.53095240      979.89805026              B5      6.250000%
- ---------------------------------------------------------------------------------------------------             --------------------
  TOTALS                 966.84725537     9.60903291    5.02680306    14.63583597      957.23822246
- ---------------------------------------------------------------------------------------------------             --------------------

- ---------------------------------------------------------------------------------------------------             --------------------
   AX                    965.32997180    0.00000000    0.28355692      0.28355692      956.93697292              AX      0.352489%
- ---------------------------------------------------------------------------------------------------             --------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-S6
                                October 25, 1999
- -------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                      1,407,682.28
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                       50,752.77

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                    702
                        Ending Principal Balance of Outstanding Mortgage Loans                                       215,379,238.88

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                                56,905.17

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance         Percentage
                        -----------------------------------------------------------------------
                         1 Month            1                56,731.92               0.03%
                        -----------------------------------------------------------------------
                         2 Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              1                56,731.92               0.03%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number             Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00                 0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Aggregate Number of REO Loans                                                                             0
                        Aggregate Balance of REO Loans                                                                         0.00

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                    1,481.27

 Sec. 6.02(a)(x)        Class A Percentage                                                                                 97.20314%
                        Class M Percentage                                                                                  1.52558%
                        Class B Percentage                                                                                  1.27128%
                        Class A Principal Balance                                                                    211,456,944.59
                        Class M Principal Balance                                                                      3,318,771.29
                        Class B Principal Balance                                                                      2,765,561.07
                        NON-PO Class A Percentage                                                                          97.19821%
                        NON-PO Class A Prepayment Percentage                                                              100.00000%
                        M  Credit Support                                                                                      1.27%
                        B1 Credit Support                                                                                      0.97%
                        B2 Credit Support                                                                                      0.61%
                        B3 Credit Support                                                                                      0.31%
                        B4 Credit Support                                                                                      0.15%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                   Chase Mortage Finance Trust, Series 1999-S7
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
              ORIGINAL            PRIOR                                                                                   CURRENT
                FACE            PRINCIPAL                                                   REALIZED     DEFERRED        PRINCIPAL
  CLASS         VALUE            BALANCE         PRINCIPAL     INTEREST        TOTAL         LOSSES      INTEREST         BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>         <C>               <C>               <C>           <C>           <C>                <C>         <C>       <C>
   A1       121,433,000.00    118,105,943.53    781,749.22    615,135.12    1,396,884.34       0.00        0.00      117,324,194.31
   AP           127,811.00        125,963.66        461.92          0.00          461.92       0.00        0.00          125,501.74
   AR               100.00              0.00          0.00          0.00            0.00       0.00        0.00                0.00
    M         1,875,000.00      1,850,314.40      6,281.55      9,637.05       15,918.60       0.00        0.00        1,844,032.85
   B1           375,000.00        370,062.88      1,256.31      1,927.41        3,183.72       0.00        0.00          368,806.57
   B2           437,000.00        431,246.60      1,464.02      2,246.08        3,710.10       0.00        0.00          429,782.58
   B3           375,000.00        370,062.88      1,256.31      1,927.41        3,183.72       0.00        0.00          368,806.57
   B4           187,000.00        184,538.02        626.48        961.14        1,587.62       0.00        0.00          183,911.54
   B5           190,214.48        187,710.16        637.25        977.66        1,614.91       0.00        0.00          187,072.91
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS     125,000,125.48    121,625,842.13    793,733.06    632,811.87    1,426,544.93       0.00        0.00      120,832,109.07
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX       117,596,935.26    114,330,750.04          0.00     34,049.51       34,049.51       0.00        0.00      113,563,894.55
- ------------------------------------------------------------------------------------------------------------------------------------
</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>
   A1     16162T JX5    972.60171066     6.43769997     5.06563389     11.50333385      966.16401069             A1       6.250000%
   AP     16162T JY3    985.54631448     3.61408642     0.00000000      3.61408642      981.93222806             AP       0.000000%
   AR     16162T JZ0      0.00000000     0.00000000     0.00000000      0.00000000        0.00000000             AR       6.250000%
    M     16162T KA3    986.83434667     3.35016000     5.13976000      8.48992000      983.48418667              M       6.250000%
   B1     16162T KB1    986.83434667     3.35016000     5.13976000      8.48992000      983.48418667             B1       6.250000%
   B2     16162T KC9    986.83432494     3.35016018     5.13977117      8.48993135      983.48416476             B2       6.250000%
   B3     16162T KD7    986.83434667     3.35016000     5.13976000      8.48992000      983.48418667             B3       6.250000%
   B4     16162T KE5    986.83433155     3.35016043     5.13978610      8.48994652      983.48417112             B4       6.250000%
   B5     16162T KF2    986.83423050     3.35016556     5.13977695      8.48994251      983.48406494             B5       6.250000%
- ----------------------------------------------------------------------------------------------------            --------------------
 TOTALS                 973.00576030     6.34985811     5.06248988     11.41234798      966.65590219
- ----------------------------------------------------------------------------------------------------            --------------------

- ----------------------------------------------------------------------------------------------------            --------------------
   AX                   972.22559234     0.00000000     0.28954420      0.28954420      965.70454238             AX       0.357380%
- ----------------------------------------------------------------------------------------------------            --------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                   Chase Mortage Finance Trust, Series 1999-S7
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                        380,811.73
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                       29,717.38

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                    366
                        Ending Principal Balance of Outstanding Mortgage Loans                                       120,832,109.10

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                                31,916.64

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            0                  0.00                  0.00%
                        -----------------------------------------------------------------------
                         2 Months           0                  0.00                  0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                  0.00                  0.00%
                        -----------------------------------------------------------------------
                         Total              0                  0.00                  0.00%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number             Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00                0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Aggregate Number of REO Loans                                                                             0
                        Aggregate Balance of REO Loans                                                                         0.00

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                    7,609.28

 Sec. 6.02(a)(x)        Class A Percentage                                                                                 97.20953%
                        Class M Percentage                                                                                  1.52132%
                        Class B Percentage                                                                                  1.26916%
                        Class A Principal Balance                                                                    118,231,907.19
                        Class M Principal Balance                                                                      1,850,314.40
                        Class B Principal Balance                                                                      1,543,620.54
                        NON-PO Class A Percentage                                                                          97.20663%
                        NON-PO Class A Prepayment Percentage                                                              100.00000%
                        M  Credit Support                                                                                      1.27%
                        B1 Credit Support                                                                                      0.97%
                        B2 Credit Support                                                                                      0.61%
                        B3 Credit Support                                                                                      0.31%
                        B4 Credit Support                                                                                      0.15%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                   Chase Mortgage Finance Trust Series 1999-S8
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                   CURRENT
              FACE            PRINCIPAL                                                     REALIZED     DEFERRED      PRINCIPAL
  CLASS       VALUE            BALANCE          PRINCIPAL       INTEREST         TOTAL       LOSSES      INTEREST        BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>            <C>             <C>               <C>     <C>           <C>
   A1     167,414,000.00    167,414,000.00            0.00     885,899.08      885,899.08      0.00          0.00    167,414,000.00
   A2      76,000,000.00     76,000,000.00            0.00     411,666.67      411,666.67      0.00          0.00     76,000,000.00
   A3      35,222,000.00     35,222,000.00            0.00     195,188.58      195,188.58      0.00          0.00     35,222,000.00
   A4      20,000,000.00     19,257,204.26      342,125.07     105,112.24      447,237.31      0.00          0.00     18,915,079.19
   A5      18,750,000.00     17,961,276.72      331,285.73      98,038.64      429,324.37      0.00          0.00     17,629,990.99
   A6     124,000,000.00    120,549,231.25    1,449,418.92     657,997.89    2,107,416.81      0.00          0.00    119,099,812.33
   A7      76,900,000.00     78,129,514.91       66,919.54     140,963.39      207,882.93      0.00    455,755.50     78,518,350.87
   A8      16,063,000.00     16,063,000.00            0.00      93,700.83       93,700.83      0.00          0.00     16,063,000.00
   A9      10,137,000.00     10,137,000.00            0.00      59,132.50       59,132.50      0.00          0.00     10,137,000.00
   A10      3,500,000.00      3,500,000.00            0.00      23,333.33       23,333.33      0.00          0.00      3,500,000.00
   A11     15,065,000.00     14,851,455.36       89,694.69      71,565.45      161,260.14      0.00          0.00     14,761,760.67
   A12      4,485,000.00      4,421,425.64       26,703.00      33,632.24       60,335.24      0.00          0.00      4,394,722.64
   A13     16,215,900.00     12,322,607.99    1,241,681.84           0.00    1,241,681.84      0.00     71,881.88     11,152,808.03
   A14     11,300,600.00     11,007,148.45      111,859.05           0.00      111,859.05      0.00          0.00     10,895,289.40
   AP       3,387,180.00      3,370,478.00       19,224.97           0.00       19,224.97      0.00          0.00      3,351,253.03
   AR             100.00              0.00            0.00           0.00            0.00      0.00          0.00              0.00
    M      13,750,000.00     13,716,879.60       11,234.88      77,157.45       88,392.33      0.00          0.00     13,705,644.72
   B1       5,625,000.00      5,611,450.75       4,596.09       31,564.41       36,160.50      0.00          0.00      5,606,854.66
   B2       2,500,000.00      2,493,978.11       2,042.71       14,028.63       16,071.34      0.00          0.00      2,491,935.40
   B3       1,875,000.00      1,870,483.58       1,532.03       10,521.47       12,053.50      0.00          0.00      1,868,951.55
   B4       1,250,000.00      1,246,989.05       1,021.35        7,014.31        8,035.66      0.00          0.00      1,245,967.70
   B5       1,563,298.80      1,559,533.20       1,277.34        8,772.37       10,049.71      0.00          0.00      1,558,255.86
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   625,003,078.80    616,705,656.87   3,700,617.21    2,925,289.48    6,625,906.69      0.00    527,637.38    613,532,677.04
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX     468,582,348.57    460,993,540.22           0.00      107,703.67      107,703.67      0.00          0.00    458,783,414.02
  A7C1     13,257,451.85     13,257,451.85           0.00       74,573.17       74,573.17      0.00          0.00     13,257,451.85
  A7C2     11,719,285.71     11,381,180.99           0.00       66,390.22       66,390.22      0.00          0.00     11,237,230.66
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
  A7C3     76,900,000.00     78,129,514.91      66,919.53            0.00       66,919.53      0.00    455,755.50     78,518,350.88
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                   Chase Mortgage Finance Trust Series 1999-S8
                         Statement to Certificateholders
                                October 25, 1999
<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>
   A1       16162TLE4    1,000.00000000     0.00000000    5.29166665     5.29166665    1,000.00000000             A1      6.350000%
   A2       16162TLF1    1,000.00000000     0.00000000    5.41666671     5.41666671    1,000.00000000             A2      6.500000%
   A3       16162TLG9    1,000.00000000     0.00000000    5.54166657     5.54166657    1,000.00000000             A3      6.650000%
   A4       16162TLH7      962.86021300    17.10625350    5.25561200    22.36186550      945.75395950             A4      6.550000%
   A5       16162TLJ3      957.93475840    17.66857227    5.22872747    22.89729973      940.26618613             A5      6.550000%
   A6       16162TLK0      972.17121976    11.68886226    5.30643460    16.99529685      960.48235750             A6      6.550000%
   A7       16162TLL8    1,015.98849038     0.87021508    1.83307399     2.70328908    1,021.04487477             A7      2.165073%
   A8       16162TLM6    1,000.00000000     0.00000000    5.83333313     5.83333313    1,000.00000000             A8      7.000000%
   A9       16162TLN4    1,000.00000000     0.00000000    5.83333333     5.83333333    1,000.00000000             A9      7.000000%
   A10      16162TLP9    1,000.00000000     0.00000000    6.66666571     6.66666571    1,000.00000000             A10     8.000000%
   A11      16162TLQ7      985.82511517     5.95384600    4.75044474    10.70429074      979.87126917             A11     5.782500%
   A12      16162TLR5      985.82511483     5.95384615    7.49882720    13.45267336      979.87126867             A12     9.127980%
   A13      16162TLS3      759.90897761    76.57187328    0.00000000    76.57187328      687.76990670             A13     7.000000%
   A14      16162TLT1      974.03221510     9.89850539    0.00000000     9.89850539      964.13370971             A14     0.000000%
   AP       16162TLU8      995.06905449     5.67580406    0.00000000     5.67580406      989.39325043             AP      0.000000%
   AR       16162TLV6        0.00000000     0.00000000    0.00000000     0.00000000        0.00000000             AR      6.750000%
    M       16162TLW4      997.59124364     0.81708218    5.61145091     6.42853309      996.77416145              M      6.750000%
   B1       16162TLX2      997.59124444     0.81708267    5.61145067     6.42853333      996.77416178             B1      6.750000%
   B2       16162TLY0      997.59124400     0.81708400    5.61145200     6.42853600      996.77416000             B2      6.750000%
   B3       16162TLZ7      997.59124267     0.81708267    5.61145067     6.42853333      996.77416000             B3      6.750000%
   B4       16162TMA1      997.59124000     0.81708000    5.61144800     6.42852800      996.77416000             B4      6.750000%
   B5       16162TMB9      997.59124743     0.81707988    5.61144805     6.42852793      996.77416755             B5      6.750000%
- -----------------------------------------------------------------------------------------------------           --------------------
 TOTALS                    986.72419031     5.92095837    4.68044011    10.60139848      981.64744759            A7C3     7.000000%
- -----------------------------------------------------------------------------------------------------           --------------------

- -----------------------------------------------------------------------------------------------------           --------------------
   AX       N/A            983.80474985     0.00000000    0.22985004     0.22985004      979.08812703             AX      0.280361%
  A7C1      N/A          1,000.00000000     0.00000000    5.62500025     5.62500025    1,000.00000000            A7C1     6.750000%
  A7C2      N/A            971.14971609     0.00000000    5.66503980     5.66503980      958.86651611            A7C2     7.000000%
- -----------------------------------------------------------------------------------------------------           --------------------

- -----------------------------------------------------------------------------------------------------           --------------------
  A7C3      N/A          1,015.98849038     0.87021495    0.00000000     0.87021495    1,021.04487490
- -----------------------------------------------------------------------------------------------------           --------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                   Chase Mortgage Finance Trust Series 1999-S8
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                      2,667,648.12
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                      211,318.66

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                  1,864
                        Ending Principal Balance of Outstanding Mortgage Loans                                       613,532,677.28

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                               157,928.04

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number        Principal Balance          Percentage
                        -----------------------------------------------------------------------
                         1 Month            5             1,217,384.52               0.20%
                        -----------------------------------------------------------------------
                         2 Months           3             1,318,575.62               0.21%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              8             2,535,960.14               0.41%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number            Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                      0                     0.00                  0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Aggregate Number of REO Loans                                                                             0
                        Aggregate Balance of REO Loans                                                                         0.00

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                   36,980.60

 Sec. 6.02(a)(x)        Class A Percentage                                                                                 95.70309%
                        Class M Percentage                                                                                  2.22422%
                        Class B Percentage                                                                                  2.07270%
                        Class A Principal Balance                                                                    590,206,342.58
                        Class M Principal Balance                                                                     13,716,879.60
                        Class B Principal Balance                                                                     12,782,434.69
                        NON-PO Class A Percentage                                                                          95.67947%
                        NON-PO Class A Prepayment Percentage                                                              100.00000%
                        M  Credit Support                                                                                      2.08%
                        B1 Credit Support                                                                                      1.17%
                        B2 Credit Support                                                                                      0.76%
                        B3 Credit Support                                                                                      0.46%
                        B4 Credit Support                                                                                      0.25%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                   Chase Mortgage Finance Trust Series 1999-S9
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                   CURRENT
              FACE            PRINCIPAL                                                   REALIZED     DEFERRED        PRINCIPAL
  CLASS       VALUE            BALANCE         PRINCIPAL     INTEREST        TOTAL         LOSSES      INTEREST         BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>           <C>           <C>                <C>         <C>       <C>
   A1     138,313,000.00    136,562,081.82    798,483.17    711,260.84    1,509,744.01       0.00        0.00      135,763,598.65
   A2      11,517,000.00     11,517,000.00          0.00     59,984.38       59,984.38       0.00        0.00       11,517,000.00
   A3      18,265,000.00     18,085,376.37     60,725.44     94,194.67      154,920.11       0.00        0.00       18,024,650.93
   A4      11,659,635.00     11,544,970.56     38,764.66     60,130.06       98,894.72       0.00        0.00       11,506,205.90
   AP         164,041.00        162,215.22        662.05          0.00          662.05       0.00        0.00          161,553.17
   AR             100.00              0.00          0.00          0.00            0.00       0.00        0.00                0.00
    M       2,775,097.00      2,747,805.84      9,226.33     14,311.49       23,537.82       0.00        0.00        2,738,579.51
   B1         555,019.00        549,560.78      1,845.27      2,862.30        4,707.57       0.00        0.00          547,715.51
   B2         647,523.00        641,155.06      2,152.81      3,339.35        5,492.16       0.00        0.00          639,002.25
   B3         555,019.00        549,560.78      1,845.27      2,862.30        4,707.57       0.00        0.00          547,715.51
   B4         277,510.00        274,780.88        922.63      1,431.15        2,353.78       0.00        0.00          273,858.25
   B5         277,510.15        274,781.03        922.63      1,431.15        2,353.78       0.00        0.00          273,858.40
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   185,006,454.15    182,909,288.34    915,550.26    951,807.69    1,867,357.95       0.00        0.00      181,993,738.08
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX     177,144,828.10    175,130,864.87          0.00     57,357.31       57,357.31       0.00        0.00      174,246,097.70
- ------------------------------------------------------------------------------------------------------------------------------------
</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>
   A1      16162TKV7      987.34089941      5.77301606      5.14240050      10.91541656     981.56788335           A1     6.250000%
   A2      16162TKW5    1,000.00000000      0.00000000      5.20833377       5.20833377   1,000.00000000           A2     6.250000%
   A3      16162TKX3      990.16569231      3.32468875      5.15711306       8.48180181     986.84100356           A3     6.250000%
   A4      16162TKY1      990.16569215      3.32468898      5.15711341       8.48180239     986.84100317           A4     6.250000%
   AP      16162TKZ8      988.86997763      4.03588127      0.00000000       4.03588127     984.83409635           AP     0.000000%
   AR      16162TLA2        0.00000000      0.00000000      0.00000000       0.00000000       0.00000000           AR     6.250000%
    M      16162TLB0      990.16569151      3.32468739      5.15711343       8.48180082     986.84100412            M     6.250000%
   B1      16162TLC8      990.16570604      3.32469699      5.15712075       8.48181774     986.84100905           B1     6.250000%
   B2      16162TLD6      990.16569296      3.32468499      5.15711411       8.48179910     986.84100796           B2     6.250000%
   B3      16162TMC7      990.16570604      3.32469699      5.15712075       8.48181774     986.84100905           B3     6.250000%
   B4      16162TMD5      990.16568772      3.32467298      5.15711146       8.48178444     986.84101474           B4     6.250000%
   B5      16162TME3      990.16569304      3.32467119      5.15710867       8.48177986     986.84102185           B5     6.250000%
- --------------------------------------------------------------------------------------------------------          ------------------
 TOTALS                   988.66436406      4.94874768      5.14472695      10.09347462     983.71561639
- --------------------------------------------------------------------------------------------------------          ------------------

- --------------------------------------------------------------------------------------------------------          ------------------
   AX      N/A            988.63097923      0.00000000      0.32378766       0.32378766     983.63638142           AX     0.393014%
- --------------------------------------------------------------------------------------------------------          ------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                   Chase Mortgage Finance Trust Series 1999-S9
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                        301,375.08
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                       53,169.89

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                    600
                        Ending Principal Balance of Outstanding Mortgage Loans                                       181,993,738.55

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                                47,846.03

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            1               177,754.03               0.10%
                        -----------------------------------------------------------------------
                         2 Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              1               177,754.03               0.10%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number          Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                      0                  0.00                   0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Aggregate Number of REO Loans                                                                             0
                        Aggregate Balance of REO Loans                                                                         0.00

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                    6,771.69

 Sec. 6.02(a)(x)        Class A Percentage                                                                                 97.24582%
                        Class M Percentage                                                                                  1.50228%
                        Class B Percentage                                                                                  1.25190%
                        Class A Principal Balance                                                                    177,871,643.97
                        Class M Principal Balance                                                                      2,747,805.84
                        Class B Principal Balance                                                                      2,289,838.53
                        NON-PO Class A Percentage                                                                          97.24338%
                        NON-PO Class A Prepayment Percentage                                                              100.00000%
                        M  Credit Support                                                                                      1.25%
                        B1 Credit Support                                                                                      0.95%
                        B2 Credit Support                                                                                      0.60%
                        B3 Credit Support                                                                                      0.30%
                        B4 Credit Support                                                                                      0.15%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust Series 1999-S10
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                   CURRENT
              FACE            PRINCIPAL                                                    REALIZED     DEFERRED       PRINCIPAL
  CLASS       VALUE            BALANCE         PRINCIPAL       INTEREST         TOTAL       LOSSES      INTEREST         BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>              <C>             <C>             <C>              <C>      <C>           <C>
   A1      71,665,000.00     71,665,000.00           0.00      403,115.63      403,115.63     0.00           0.00     71,665,000.00
   A2      15,000,000.00     15,000,000.00           0.00       84,375.00       84,375.00     0.00           0.00     15,000,000.00
   A3      21,400,000.00     21,400,000.00           0.00      120,375.00      120,375.00     0.00           0.00     21,400,000.00
   A4      50,500,000.00     49,928,794.05     339,595.77      244,755.11      584,350.88     0.00           0.00     49,589,198.28
   A5      16,987,952.00     16,795,801.13     114,238.35      137,517.37      251,755.72     0.00           0.00     16,681,562.78
   A6       6,512,048.00      6,438,390.16      43,791.37       43,563.92       87,355.29     0.00           0.00      6,394,598.79
   A7       7,785,000.00      5,981,086.54           0.00            0.00            0.00     0.00      33,643.61      6,014,730.15
   A8      22,275,000.00     22,275,000.00           0.00      118,254.82      118,254.82     0.00           0.00     22,275,000.00
   A9       7,425,000.00      7,425,000.00           0.00       48,807.68       48,807.68     0.00           0.00      7,425,000.00
   A10     57,400,000.00     56,483,182.81     191,372.18      317,717.90      509,090.08     0.00           0.00     56,291,810.63
   A11      7,500,000.00      7,500,000.00           0.00       42,187.50       42,187.50     0.00           0.00      7,500,000.00
   A12     11,700,000.00     11,700,000.00           0.00       65,812.50       65,812.50     0.00           0.00     11,700,000.00
   A13     63,300,000.00     63,300,000.00           0.00      356,062.50      356,062.50     0.00           0.00     63,300,000.00
   A14     20,000,000.00     19,773,779.82     134,493.37       96,932.72      231,426.09     0.00           0.00     19,639,286.45
   A16     80,739,000.00     80,739,000.00           0.00      437,336.25      437,336.25     0.00           0.00     80,739,000.00
   A17     37,000,000.00     37,000,000.00           0.00      200,416.67      200,416.67     0.00           0.00     37,000,000.00
   A18     17,411,000.00     17,411,000.00           0.00       94,309.58       94,309.58     0.00           0.00     17,411,000.00
   A19     77,800,000.00     76,385,240.12     771,852.23      445,580.57    1,217,432.80     0.00           0.00     75,613,387.89
   A20     33,000,000.00     33,375,621.23           0.00       44,069.84       44,069.84     0.00     201,644.38     33,577,265.61
   A21      3,801,200.00      2,171,463.71           0.00            0.00            0.00     0.00      13,119.26      2,184,582.97
   A22     27,200,000.00     27,200,000.00           0.00      164,333.33      164,333.33     0.00           0.00     27,200,000.00
   A23     10,503,800.00     10,306,105.42      41,265.85            0.00       41,265.85     0.00           0.00     10,264,839.57
   AP       3,344,515.00      3,336,037.60       3,140.84            0.00        3,140.84     0.00           0.00      3,332,896.76
   AR             100.00              0.00           0.00            0.00            0.00     0.00           0.00              0.00
    M      16,100,000.00     16,074,411.79      12,951.55       90,418.57      103,370.12     0.00           0.00     16,061,460.24
   B1       5,950,000.00      5,940,543.49       4,786.44       33,415.56       38,202.00     0.00           0.00      5,935,757.05
   B2       2,450,000.00      2,446,106.14       1,970.89       13,759.35       15,730.24     0.00           0.00      2,444,135.25
   B3       2,100,000.00      2,096,662.41       1,689.33       11,793.73       13,483.06     0.00           0.00      2,094,973.08
   B4       1,400,000.00      1,397,774.93       1,126.22        7,862.48        8,988.70     0.00           0.00      1,396,648.71
   B5       1,750,998.00      1,748,215.19       1,408.68        9,833.71       11,242.39     0.00           0.00      1,746,806.51
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   700,000,613.00    693,294,216.54   1,663,683.07    3,632,607.29    5,296,290.36     0.00     248,407.25    691,878,940.72
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   A15     20,000,000.00     20,000,000.00           0.00            0.00            0.00     0.00           0.00     20,000,000.00
   AX     546,040,645.12    539,878,617.92           0.00      139,520.57      139,520.57     0.00           0.00    538,608,941.12
  A20C1     5,005,555.56      5,005,555.56           0.00       28,156.25       28,156.25     0.00           0.00      5,005,555.56
  A20C2     2,682,758.62      2,633,973.79           0.00       15,913.59       15,913.59     0.00           0.00      2,607,358.20
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
  A20C3    33,000,000.00     33,375,621.24           0.00            0.00            0.00     0.00     201,644.38     33,577,265.62
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust Series 1999-S10
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- -----------------------------------------------------------------------------------------------             ------------------------
                          FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                        PASS-THROUGH RATES
- -----------------------------------------------------------------------------------------------             ------------------------
                PRIOR                                                               CURRENT                               CURRENT
              PRINCIPAL                                                            PRINCIPAL                CLASS        PASS-THRU
 CLASS          FACTOR          PRINCIPAL        INTEREST          TOTAL            FACTOR                                 RATE
- -----------------------------------------------------------------------------------------------             ------------------------
<S>         <C>                 <C>             <C>             <C>              <C>                          <C>        <C>
   A1       1,000.00000000      0.00000000      5.62500007       5.62500007      1,000.00000000               A1         6.750000%
   A2       1,000.00000000      0.00000000      5.62500000       5.62500000      1,000.00000000               A2         6.750000%
   A3       1,000.00000000      0.00000000      5.62500000       5.62500000      1,000.00000000               A3         6.750000%
   A4         988.68899109      6.72466871      4.84663584      11.57130455        981.96432238               A4         5.882500%
   A5         988.68899147      6.72466875      8.09499403      14.81966278        981.96432272               A5         9.825125%
   A6         988.68899001      6.72466941      6.68974184      13.41441126        981.96432059               A6         8.119530%
   A7         768.28343481      0.00000000      0.00000000       0.00000000        772.60502890               A7         6.750000%
   A8       1,000.00000000      0.00000000      5.30885836       5.30885836      1,000.00000000               A8         6.370630%
   A9       1,000.00000000      0.00000000      6.57342492       6.57342492      1,000.00000000               A9         7.888110%
   A10        984.02757509      3.33401010      5.53515505       8.86916516        980.69356498               A10        6.750000%
   A11      1,000.00000000      0.00000000      5.62500000       5.62500000      1,000.00000000               A11        6.750000%
   A12      1,000.00000000      0.00000000      5.62500000       5.62500000      1,000.00000000               A12        6.750000%
   A13      1,000.00000000      0.00000000      5.62500000       5.62500000      1,000.00000000               A13        6.750000%
   A14        988.68899100      6.72466850      4.84663600      11.57130450        981.96432250               A14        5.882500%
   A16      1,000.00000000      0.00000000      5.41666667       5.41666667      1,000.00000000               A16        6.500000%
   A17      1,000.00000000      0.00000000      5.41666676       5.41666676      1,000.00000000               A17        6.500000%
   A18      1,000.00000000      0.00000000      5.41666648       5.41666648      1,000.00000000               A18        6.500000%
   A19        981.81542571      9.92097982      5.72725668      15.64823650        971.89444589               A19        7.000000%
   A20      1,011.38246152      0.00000000      1.33544970       1.33544970      1,017.49289727               A20        1.584504%
   A21        571.25742134      0.00000000      0.00000000       0.00000000        574.70876828               A21        7.250000%
   A22      1,000.00000000      0.00000000      6.04166654       6.04166654      1,000.00000000               A22        7.250000%
   A23        981.17875626      3.92865915      0.00000000       3.92865915        977.25009711               A23        0.000000%
   AP         997.46528271      0.93910178      0.00000000       0.93910178        996.52618093               AP         0.000000%
   AR           0.00000000      0.00000000      0.00000000       0.00000000          0.00000000               AR         6.750000%
    M         998.41067019      0.80444410      5.61606025       6.42050435        997.60622609                M         6.750000%
   B1         998.41067059      0.80444370      5.61606050       6.42050420        997.60622689               B1         6.750000%
   B2         998.41066939      0.80444490      5.61606122       6.42050612        997.60622449               B2         6.750000%
   B3         998.41067143      0.80444286      5.61606190       6.42050476        997.60622857               B3         6.750000%
   B4         998.41066429      0.80444286      5.61605714       6.42050000        997.60622143               B4         6.750000%
   B5         998.41072920      0.80450120      5.61606010       6.42056130        997.60622799               B5         6.750000%
- -----------------------------------------------------------------------------------------------             ------------------------
 TOTALS       990.41944202      2.37668802      5.18943444       7.56612246        988.39762119
- -----------------------------------------------------------------------------------------------             ------------------------

- -----------------------------------------------------------------------------------------------             ------------------------
   A15      1,000.00000000      0.00000000      0.00000000       0.00000000      1,000.00000000               A15        0.000000%
   AX         988.71507597      0.00000000      0.25551316       0.25551316        986.38983368               AX         0.310115%
  A20C1     1,000.00000000      0.00000000      5.62500000       5.62500000      1,000.00000000               A20C1      6.750000%
  A20C2       981.81542326      0.00000000      5.93180090       5.93180090        971.89444498               A20C2      7.250000%
- -----------------------------------------------------------------------------------------------             ------------------------

- -----------------------------------------------------------------------------------------------             ------------------------
  A20C3     1,011.38246182      0.00000000      0.00000000       0.00000000      1,017.49289758               A20C3      7.250000%
- -----------------------------------------------------------------------------------------------             ------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust Series 1999-S10
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                        856,431.32
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                      240,213.43

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                  2,031
                        Ending Principal Balance of Outstanding Mortgage Loans                                       691,878,941.20

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                               177,541.10

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number        Principal Balance         Percentage
                        -----------------------------------------------------------------------
                         1 Month            5             1,860,464.17               0.27%
                        -----------------------------------------------------------------------
                         2 Months           3               968,549.14               0.14%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              8             2,829,013.31               0.41%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number            Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                      0                     0.00                  0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Aggregate Number of REO Loans                                                                             0
                        Aggregate Balance of REO Loans                                                                         0.00

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                   32,027.03

 Sec. 6.02(a)(x)        Class A Percentage                                                                                 95.71557%
                        Class M Percentage                                                                                  2.31856%
                        Class B Percentage                                                                                  1.96588%
                        Class A Principal Balance                                                                    663,590,502.60
                        Class M Principal Balance                                                                     16,074,411.79
                        Class B Principal Balance                                                                     13,629,302.16
                        NON-PO Class A Percentage                                                                          95.69485%
                        NON-PO Class A Prepayment Percentage                                                              100.00000%
                        M  Credit Support                                                                                      1.98%
                        B1 Credit Support                                                                                      1.11%
                        B2 Credit Support                                                                                      0.76%
                        B3 Credit Support                                                                                      0.46%
                        B4 Credit Support                                                                                      0.25%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust Series 1999-S11
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                    CURRENT
              FACE            PRINCIPAL                                                       REALIZED   DEFERRED       PRINCIPAL
  CLASS       VALUE            BALANCE          PRINCIPAL       INTEREST         TOTAL         LOSSES    INTEREST        BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>             <C>             <C>                <C>    <C>           <C>
   A1      95,706,000.00     95,379,117.22      367,595.39      536,507.53      904,102.92       0.00         0.00     95,011,521.83
   A2      59,000,000.00     58,709,850.80      326,286.71      330,242.91      656,529.62       0.00         0.00     58,383,564.09
   A3      25,951,000.00     25,951,000.00            0.00      145,974.38      145,974.38       0.00         0.00     25,951,000.00
   A4      65,000,000.00     64,682,441.51      357,109.78      363,838.73      720,948.51       0.00         0.00     64,325,331.73
   A5      27,976,000.00     27,976,000.00            0.00      157,365.00      157,365.00       0.00         0.00     27,976,000.00
   A6       5,360,000.00      5,303,721.87       56,594.69       29,833.44       86,428.13       0.00         0.00      5,247,127.18
   A7      18,840,000.00     18,840,000.00            0.00      105,975.00      105,975.00       0.00         0.00     18,840,000.00
   A8      10,005,000.00     10,061,278.13            0.00            0.00            0.00       0.00    56,594.69     10,117,872.82
   A9      11,440,000.00     11,378,006.87       62,341.84       64,001.29      126,343.13       0.00         0.00     11,315,665.03
   A10     11,610,000.00     11,610,000.00            0.00       65,306.25       65,306.25       0.00         0.00     11,610,000.00
   A11     11,021,000.00     11,082,993.13            0.00            0.00            0.00       0.00    62,341.84     11,145,334.97
   A12     40,000,000.00     40,000,000.00            0.00      225,000.00      225,000.00       0.00         0.00     40,000,000.00
   AP       1,090,837.00      1,089,801.29        1,629.20            0.00        1,629.20       0.00         0.00      1,088,172.09
   AR             100.00              0.00            0.00            0.00            0.00       0.00         0.00              0.00
    M       9,000,000.00      8,993,245.81        6,800.30       50,587.01       57,387.31       0.00         0.00      8,986,445.51
   B1       3,400,000.00      3,397,448.42        2,569.00       19,110.65       21,679.65       0.00         0.00      3,394,879.42
   B2       1,600,000.00      1,598,799.26        1,208.94        8,993.25       10,202.19       0.00         0.00      1,597,590.32
   B3       1,200,000.00      1,199,099.44          906.71        6,744.93        7,651.64       0.00         0.00      1,198,192.73
   B4         800,000.00        799,399.63          604.47        4,496.62        5,101.09       0.00         0.00        798,795.16
   B5       1,000,409.87        999,659.10          755.90        5,623.08        6,378.98       0.00         0.00        998,903.20
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   400,000,346.87    399,051,862.48    1,184,402.93    2,119,600.07    3,304,003.00       0.00   118,936.53    397,986,396.08
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX     358,117,946.52    357,211,145.35            0.00      152,782.55      152,782.55       0.00         0.00    356,213,434.65
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust Series 1999-S11
                         Statement to Certificateholders
                                October 25, 1999
<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>
   A1     16162TNN2      996.58451111     3.84088134    5.60578783     9.44666917      992.74362976             A1      6.750000%
   A2     16162TNP7      995.08221695     5.53028322    5.59733746    11.12762068      989.55193373             A2      6.750000%
   A3     16162TNQ5    1,000.00000000     0.00000000    5.62500019     5.62500019    1,000.00000000             A3      6.750000%
   A4     16162TNR3      995.11448477     5.49399662    5.59751892    11.09151554      989.62048815             A4      6.750000%
   A5     16162TNS1    1,000.00000000     0.00000000    5.62500000     5.62500000    1,000.00000000             A5      6.750000%
   A6     16162TNT9      989.50034888    10.55871082    5.56594030    16.12465112      978.94163806             A6      6.750000%
   A7     16162TNU6    1,000.00000000     0.00000000    5.62500000     5.62500000    1,000.00000000             A7      6.750000%
   A8     16162TNV4    1,005.62500050     0.00000000    0.00000000     0.00000000    1,011.28164118             A8      6.750000%
   A9     16162TNW2      994.58102010     5.44946154    5.59451836    11.04397990      989.13155857             A9      6.750000%
   A10    16162TNX0    1,000.00000000     0.00000000    5.62500000     5.62500000    1,000.00000000             A10     6.750000%
   A11    16162TNY8    1,005.62500045     0.00000000    0.00000000     0.00000000    1,011.28164141             A11     6.750000%
   A12    16162TNZ5    1,000.00000000     0.00000000    5.62500000     5.62500000    1,000.00000000             A12     6.750000%
   AP     16162TPA8      999.05053642     1.49353203    0.00000000     1.49353203      997.55700439             AP      0.000000%
   AR     16162TPB6        0.00000000     0.00000000    0.00000000     0.00000000        0.00000000             AR      6.750000%
    M     16162TPC4      999.24953444     0.75558889    5.62077889     6.37636778      998.49394556              M      6.750000%
   B1     16162TPD2      999.24953529     0.75558824    5.62077941     6.37636765      998.49394706             B1      6.750000%
   B2     16162TPE0      999.24953750     0.75558750    5.62078125     6.37636875      998.49395000             B2      6.750000%
   B3     16162TPF7      999.24953333     0.75559167    5.62077500     6.37636667      998.49394167             B3      6.750000%
   B4     16162TPG5      999.24953750     0.75558750    5.62077500     6.37636250      998.49395000             B4      6.750000%
   B5     16162TPH3      999.24953759     0.75559031    5.62077621     6.37636652      998.49394729             B5      6.750000%
- ---------------------------------------------------------------------------------------------------           ----------------------
 TOTALS                  997.62879108     2.96100476    5.29899558     8.26000034      994.96512739
- ---------------------------------------------------------------------------------------------------           ----------------------

- ---------------------------------------------------------------------------------------------------           ----------------------
   AX     N/A            997.46787007     0.00000000    0.42662634     0.42662634      994.68188654             AX      0.513252%
- ---------------------------------------------------------------------------------------------------           ----------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust Series 1999-S11
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                        763,602.53
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                       75,324.18

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                  1,233
                        Ending Principal Balance of Outstanding Mortgage Loans                                       397,986,396.29

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                               102,589.58

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number        Principal Balance         Percentage
                        -----------------------------------------------------------------------
                         1 Month            3             1,090,878.52               0.27%
                        -----------------------------------------------------------------------
                         2 Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              3             1,090,878.52               0.27%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number           Principal Balance         Percentage
                                      0                      0.00                 0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Aggregate Number of REO Loans                                                                             0
                        Aggregate Balance of REO Loans                                                                         0.00

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                        0.00

 Sec. 6.02(a)(x)        Class A Percentage                                                                                 95.74300%
                        Class M Percentage                                                                                  2.25365%
                        Class B Percentage                                                                                  2.00335%
                        Class A Principal Balance                                                                    382,064,210.82
                        Class M Principal Balance                                                                      8,993,245.81
                        Class B Principal Balance                                                                      7,994,405.85
                        NON-PO Class A Percentage                                                                          95.73134%
                        NON-PO Class A Prepayment Percentage                                                              100.00000%
                        M  Credit Support                                                                                      2.01%
                        B1 Credit Support                                                                                      1.16%
                        B2 Credit Support                                                                                      0.75%
                        B3 Credit Support                                                                                      0.45%
                        B4 Credit Support                                                                                      0.25%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                Chase Morgage Finance Corporation Series 1999-S12
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
              ORIGINAL            PRIOR                                                                                   CURRENT
                FACE            PRINCIPAL                                                     REALIZED    DEFERRED      PRINCIPAL
  CLASS         VALUE            BALANCE         PRINCIPAL      INTEREST         TOTAL         LOSSES     INTEREST        BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>         <C>               <C>               <C>           <C>             <C>                <C>    <C>           <C>
   A1        65,272,000.00     65,272,000.00          0.00      380,753.33      380,753.33       0.00         0.00     65,272,000.00
   A2        36,036,000.00     36,036,000.00          0.00      210,210.00      210,210.00       0.00         0.00     36,036,000.00
   A3        12,503,000.00     12,503,000.00          0.00       72,934.17       72,934.17       0.00         0.00     12,503,000.00
   A4        10,000,000.00     10,000,000.00     76,247.18       58,333.33      134,580.51       0.00         0.00      9,923,752.82
   A5        68,000,000.00     68,000,000.00    636,663.97      396,666.67    1,033,330.64       0.00         0.00     67,363,336.03
   A6        15,500,000.00     15,500,000.00          0.00       90,416.67       90,416.67       0.00         0.00     15,500,000.00
   A7        68,400,000.00     68,400,000.00          0.00      148,314.79      148,314.79       0.00   308,125.00     68,708,125.00
   A8         3,840,000.00      3,840,000.00          0.00            0.00            0.00       0.00    23,200.00      3,863,200.00
   A9         3,000,000.00      3,000,000.00          0.00            0.00            0.00       0.00    18,125.00      3,018,125.00
   A10        1,476,000.00      1,476,000.00          0.00            0.00            0.00       0.00     8,917.50      1,484,917.50
   AP         3,231,864.00      3,231,864.00      2,778.58            0.00        2,778.58       0.00         0.00      3,229,085.42
   AR               100.00            100.00        100.00            0.60          100.60       0.00         0.00              0.00
    M         6,600,000.00      6,600,000.00      4,732.84       39,875.00       44,607.84       0.00         0.00      6,595,267.16
   B1         2,700,000.00      2,700,000.00      1,936.16       16,312.50       18,248.66       0.00         0.00      2,698,063.84
   B2         1,200,000.00      1,200,000.00        860.52        7,250.00        8,110.52       0.00         0.00      1,199,139.48
   B3           900,000.00        900,000.00        645.39        5,437.50        6,082.89       0.00         0.00        899,354.61
   B4           600,000.00        600,000.00        430.26        3,625.00        4,055.26       0.00         0.00        599,569.74
   B5           751,414.98        751,414.98        538.84        4,539.80        5,078.64       0.00         0.00        750,876.14
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS     300,010,378.98    300,010,378.98    724,933.74    1,434,669.36    2,159,603.10       0.00   358,367.50    299,643,812.74
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX       210,442,300.73    210,442,300.73          0.00       70,786.88       70,786.88       0.00         0.00    210,149,825.87
  A7C2        3,924,517.24      3,924,517.24          0.00       23,710.62       23,710.62       0.00         0.00      3,924,517.24
  A7C3        3,224,137.93      3,224,137.93          0.00       19,479.17       19,479.17       0.00         0.00      3,199,554.79
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
  A7C1       17,400,000.00     17,400,000.00          0.00      105,125.00      105,125.00       0.00         0.00     17,400,000.00
  A7C4       51,000,000.00     51,000,000.00          0.00            0.00            0.00       0.00   308,125.00     51,308,125.00
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                Chase Morgage Finance Corporation Series 1999-S12
                         Statement to Certificateholders
                                October 25, 1999
<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>
   A1     16162TPJ9    1,000.00000000       0.00000000    5.83333328       5.83333328    1,000.00000000           A1      7.000000%
   A2     16162TPK6    1,000.00000000       0.00000000    5.83333333       5.83333333    1,000.00000000           A2      7.000000%
   A3     16162TPL4    1,000.00000000       0.00000000    5.83333360       5.83333360    1,000.00000000           A3      7.000000%
   A4     16162TPM2    1,000.00000000       7.62471800    5.83333300      13.45805100      992.37528200           A4      7.000000%
   A5     16162TPN0    1,000.00000000       9.36270544    5.83333338      15.19603882      990.63729456           A5      7.000000%
   A6     16162TPP5    1,000.00000000       0.00000000    5.83333355       5.83333355    1,000.00000000           A6      7.000000%
   A7     16162TPQ3    1,000.00000000       0.00000000    2.16834488       2.16834488    1,004.50475146           A7      2.602014%
   A8     16162TPR1    1,000.00000000       0.00000000    0.00000000       0.00000000    1,006.04166667           A8      7.250000%
   A9     16162TPS9    1,000.00000000       0.00000000    0.00000000       0.00000000    1,006.04166667           A9      7.250000%
   A10    16162TPT7    1,000.00000000       0.00000000    0.00000000       0.00000000    1,006.04166667           A10     7.250000%
   AP     16162TPU4    1,000.00000000       0.85974534    0.00000000       0.85974534      999.14025466           AP      0.000000%
   AR     16162TPV2    1,000.00000000   1,000.00000000    6.00000000   1,006.00000000        0.00000000           AR      7.250000%
    M     16162TPW0    1,000.00000000       0.71709697    6.04166667       6.75876364      999.28290303            M      7.250000%
   B1     16162TPX8    1,000.00000000       0.71709630    6.04166667       6.75876296      999.28290370           B1      7.250000%
   B2     16162TPY6    1,000.00000000       0.71710000    6.04166667       6.75876667      999.28290000           B2      7.250000%
   B3     16162TPZ3    1,000.00000000       0.71710000    6.04166667       6.75876667      999.28290000           B3      7.250000%
   B4     16162TQA7    1,000.00000000       0.71710000    6.04166667       6.75876667      999.28290000           B4      7.250000%
   B5     16162TQB5    1,000.00000000       0.71710042    6.04166821       6.75876864      999.28289958           B5      7.250000%
- -------------------------------------------------------------------------------------------------------          -------------------
 TOTALS                1,000.00000000       2.41636220    4.78206576       7.19842796      998.77815481
- -------------------------------------------------------------------------------------------------------          -------------------

- -------------------------------------------------------------------------------------------------------          -------------------
   AX     N/A          1,000.00000000       0.00000000    0.33637192       0.33637192      998.61018978           AX      0.403647%
  A7C2                 1,000.00000000       0.00000000    6.04166539       6.04166539    1,000.00000000           A7C2    7.250000%
  A7C3                 1,000.00000000       0.00000000    6.04166770       6.04166770      992.37528278           A7C3    7.250000%
- -------------------------------------------------------------------------------------------------------          -------------------

- -------------------------------------------------------------------------------------------------------          -------------------
  A7C1                 1,000.00000000       0.00000000    6.04166667       6.04166667    1,000.00000000           A7C1    7.250000%
  A7C4                 1,000.00000000       0.00000000    0.00000000       0.00000000    1,006.04166667           A7C4    7.250000%
- -------------------------------------------------------------------------------------------------------          -------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                Chase Morgage Finance Corporation Series 1999-S12
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                        151,116.46
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                       65,669.02

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                    999
                        Ending Principal Balance of Outstanding Mortgage Loans                                       299,643,813.44

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                                77,452.68

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance         Percentage
                        -----------------------------------------------------------------------
                         1 Month            1               370,497.68               0.12%
                        -----------------------------------------------------------------------
                         2 Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              1               370,497.68               0.12%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number        Principal Balance         Percentage
                        -----------------------------------------------------------------------
                                      0                  0.00                 0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Aggregate Number of REO Loans                                                                             0
                        Aggregate Balance of REO Loans                                                                         0.00

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                        0.00

 Sec. 6.02(a)(x)        Class A Percentage                                                                                 95.74968%
                        Class M Percentage                                                                                  2.19992%
                        Class B Percentage                                                                                  2.05040%
                        Class A Principal Balance                                                                    287,258,964.00
                        Class M Principal Balance                                                                      6,600,000.00
                        Class B Principal Balance                                                                      6,151,414.98
                        NON-PO Class A Percentage                                                                          95.70339%
                        NON-PO Class A Prepayment Percentage                                                              100.00000%
                        M  Credit Support                                                                                      2.07%
                        B1 Credit Support                                                                                      1.16%
                        B2 Credit Support                                                                                      0.76%
                        B3 Credit Support                                                                                      0.46%
                        B4 Credit Support                                                                                      0.25%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust Series 1999-S13
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                     CURRENT
              FACE            PRINCIPAL                                                     REALIZED     DEFERRED        PRINCIPAL
  CLASS       VALUE            BALANCE           PRINCIPAL     INTEREST        TOTAL         LOSSES      INTEREST         BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>                 <C>           <C>           <C>                <C>         <C>       <C>
   A1     145,497,000.00    145,497,000.00      620,904.55    788,108.75    1,409,013.30       0.00        0.00      144,876,095.45
   AP         381,686.00        381,686.00        1,397.45          0.00        1,397.45       0.00        0.00          380,288.55
   AR             100.00            100.00          100.00          0.54          100.54       0.00        0.00                0.00
    M       1,950,000.00      1,950,000.00        6,233.62     10,562.50       16,796.12       0.00        0.00        1,943,766.38
   B1         600,000.00        600,000.00        1,918.04      3,250.00        5,168.04       0.00        0.00          598,081.96
   B2         600,000.00        600,000.00        1,918.04      3,250.00        5,168.04       0.00        0.00          598,081.96
   B3         525,000.00        525,000.00        1,678.28      2,843.75        4,522.03       0.00        0.00          523,321.72
   B4         225,000.00        225,000.00          719.26      1,218.75        1,938.01       0.00        0.00          224,280.74
   B5         225,704.70        225,704.70          721.52      1,222.57        1,944.09       0.00        0.00          224,983.18
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   150,004,490.70    150,004,490.70      635,590.76    810,456.86    1,446,047.62       0.00        0.00      149,368,899.94
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX     131,857,163.93    131,857,163.93            0.00     55,473.93       55,473.93       0.00        0.00      131,284,719.47
- ------------------------------------------------------------------------------------------------------------------------------------
</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>
   A1     16162TQC3   1,000.00000000       4.26747321    5.41666667       9.68413988    995.73252679           A1        6.500000%
   AP     16162TQD1   1,000.00000000       3.66125559    0.00000000       3.66125559    996.33874441           AP        0.000000%
   AR     16162TQE9   1,000.00000000   1,000.00000000    5.40000000   1,005.40000000      0.00000000           AR        6.500000%
    M     16162TQF6   1,000.00000000       3.19672821    5.41666667       8.61339487    996.80327179            M        6.500000%
   B1     16162TQG4   1,000.00000000       3.19673333    5.41666667       8.61340000    996.80326667           B1        6.500000%
   B2     16162TQH2   1,000.00000000       3.19673333    5.41666667       8.61340000    996.80326667           B2        6.500000%
   B3     16162TQK5   1,000.00000000       3.19672381    5.41666667       8.61339048    996.80327619           B3        6.500000%
   B4     16162TQL3   1,000.00000000       3.19671111    5.41666667       8.61337778    996.80328889           B4        6.500000%
   B5     16162TQM1   1,000.00000000       3.19674336    5.41667940       8.61342276    996.80325664           B5        6.500000%
- ----------------------------------------------------------------------------------------------------          ----------------------
 TOTALS               1,000.00000000       4.23714488    5.40288398       9.64002886    995.76285512
- ----------------------------------------------------------------------------------------------------          ----------------------

- ----------------------------------------------------------------------------------------------------          ----------------------
   AX     16162TQJ8   1,000.00000000       0.00000000    0.42071229       0.42071229    995.65860176           AX        0.504854%
- ----------------------------------------------------------------------------------------------------          ----------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust Series 1999-S13
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                        155,992.65
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                       28,777.56

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                    502
                        Ending Principal Balance of Outstanding Mortgage Loans                                       149,368,900.28

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                                39,238.68

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group Totals
                        -----------------------------------------------------------------------
                         Category          Number        Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month             1               86,397.92               0.06%
                        -----------------------------------------------------------------------
                         2 Months            0                    0.00               0.00%
                        -----------------------------------------------------------------------
                         3+Months            0                    0.00               0.00%
                        -----------------------------------------------------------------------
                         Total               1               86,397.92               0.06%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                     Group Totals
                        -----------------------------------------------------------------------
                                    Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                      0                  0.00                  0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Number and Aggregate Principal Amounts of REO Loans
                        -----------------------------------------------------------------------
                                                   Group Totals
                        -----------------------------------------------------------------------
                                    Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                      0                  0.00                  0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                        0.00

 Sec. 6.02(a)(x)        Class A Percentage                                                                                    97.25%
                        Class M Percentage                                                                                     1.30%
                        Class B Percentage                                                                                     1.45%
                        Class A Principal Balance                                                                    145,878,786.00
                        Class M Principal Balance                                                                      1,950,000.00
                        Class B Principal Balance                                                                      2,175,704.70
                        NON-PO Class A Percentage                                                                           97.2426%
                        NON-PO Class A Prepayment Percentage                                                               100.0000%
                        M  Credit Support                                                                                      1.45%
                        B1 Credit Support                                                                                      1.05%
                        B2 Credit Support                                                                                      0.65%
                        B3 Credit Support                                                                                      0.30%
                        B4 Credit Support                                                                                      0.15%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
               Chase Mortgage Finance Corporation, Series 1999-AS1
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                     CURRENT
              FACE            PRINCIPAL                                                     REALIZED     DEFERRED        PRINCIPAL
  CLASS       VALUE            BALANCE         PRINCIPAL       INTEREST        TOTAL         LOSSES      INTEREST         BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>             <C>           <C>                <C>         <C>       <C>
   IA1     14,654,703.00     14,071,061.64      117,727.76     76,218.25      193,946.01       0.00        0.00       13,953,333.88
  IIA1     30,250,000.00     23,923,224.79      284,413.24    129,584.13      413,997.37       0.00        0.00       23,638,811.55
  IIA2      3,087,859.00      3,087,859.00            0.00     16,725.90       16,725.90       0.00        0.00        3,087,859.00
  IIA3      1,000,000.00        810,222.51        8,531.24      4,388.71       12,919.95       0.00        0.00          801,691.27
  IIIA1    95,342,532.00     89,552,904.11      942,310.11    485,078.23    1,427,388.34       0.00        0.00       88,610,594.00
   AP          25,169.00         24,619.80           70.19          0.00           70.19       0.00        0.00           24,549.61
   AR             100.00              0.00            0.00          0.00            0.00       0.00        0.00                0.00
    M       4,786,000.00      4,747,221.07        5,087.13     25,714.11       30,801.24       0.00        0.00        4,742,133.94
   B1       2,316,000.00      2,297,234.42        2,461.72     12,443.35       14,905.07       0.00        0.00        2,294,772.70
   B2       1,235,000.00      1,224,993.33        1,312.71      6,635.38        7,948.09       0.00        0.00        1,223,680.62
   B3         618,000.00        612,992.61          656.88      3,320.38        3,977.26       0.00        0.00          612,335.73
   B4         386,000.00        382,872.40          410.29      2,073.89        2,484.18       0.00        0.00          382,462.11
   B5         694,784.72        689,155.17          738.50      3,732.92        4,471.42       0.00        0.00          688,416.67
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   154,396,147.72    141,424,360.85    1,363,719.77    765,915.25    2,129,635.02       0.00        0.00      140,060,641.08
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX     152,908,229.99    139,963,077.76           0.00     101,445.07      101,445.07       0.00        0.00      138,602,753.90
- ------------------------------------------------------------------------------------------------------------------------------------
</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    16162TER3     960.17378448    8.03344565    5.20094130    13.23438694     952.14033884              IA1       6.500000%
  IIA1    16162TES1     790.85040628    9.40209058    4.28377289    13.68586347     781.44831570             IIA1       6.500000%
  IIA2    16162TET9   1,000.00000000    0.00000000    5.41666572     5.41666572   1,000.00000000             IIA2       6.500000%
  IIA3    16162TEU6     810.22251000    8.53124000    4.38871000    12.91995000     801.69127000             IIA3       6.500000%
  IIIA1   16162TEV4     939.27549680    9.88341814    5.08774227    14.97116041     929.39207866             IIIA1      6.500000%
   AP     16162TEW2     978.17950654    2.78874806    0.00000000     2.78874806     975.39075847              AP        0.000000%
   AR     16162TEX0       0.00000000    0.00000000    0.00000000     0.00000000       0.00000000              AR        6.500000%
    M     16162TEY8     991.89742374    1.06291893    5.37277685     6.43569578     990.83450481               M        6.500000%
   B1     16162TEZ5     991.89741796    1.06291883    5.37277634     6.43569516     990.83449914              B1        6.500000%
   B2     16162TFA9     991.89743320    1.06292308    5.37277733     6.43570040     990.83451012              B2        6.500000%
   B3     16162TFB7     991.89742718    1.06291262    5.37278317     6.43569579     990.83451456              B3        6.500000%
   B4     16162TFC5     991.89740933    1.06292746    5.37277202     6.43569948     990.83448187              B4        6.500000%
   B5     16162TFD3     991.89741824    1.06291917    5.37277216     6.43569133     990.83449907              B5        6.500000%
- ------------------------------------------------------------------------------------------------             -----------------------
 TOTALS                 915.98374013    8.83260230    4.96071477    13.79331707     907.15113783
- ------------------------------------------------------------------------------------------------             -----------------------

- ------------------------------------------------------------------------------------------------             -----------------------
   AX                   915.34038272    0.00000000    0.66343761     0.66343761     906.44404104              AX        0.869758%
- ------------------------------------------------------------------------------------------------             -----------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
               Chase Mortgage Finance Corporation, Series 1999-AS1
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                      1,212,125.74
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

                        Group 1 Amount of Principal Prepayments                                                           70,347.94
                        Group 1 Amount of Repurchase Proceeds                                                                  0.00

                        Group 2 Amount of Principal Prepayments                                                          270,940.42
                        Group 2 Amount of Repurchase Proceeds                                                                  0.00

                        Group 3 Amount of Principal Prepayments                                                          870,837.38
                        Group 3 Amount of Repurchase Proceeds                                                                  0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                       46,730.68
                        Group 1 Servicer Advances                                                                          4,062.72
                        Group 2 Servicer Advances                                                                          9,478.57
                        Group 3 Servicer Advances                                                                         33,189.39

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                  1,176
                        Ending Principal Balance of Outstanding Mortgage Loans                                       140,060,641.31

                        Group 1 Outstanding Mortgage Loans                                                                      165
                        Ending Principal Balance of Group 1 Mortgage Loans                                            14,960,543.95

                        Group 2 Outstanding Mortgage Loans                                                                       86
                        Ending Principal Balance of Group 2 Mortgage Loans                                            29,907,046.40

                        Group 3 Outstanding Mortgage Loans                                                                      925
                        Ending Principal Balance of Group 3 Mortgage Loans                                            95,193,050.96

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                                36,994.25

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         2 Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              0                     0.00               0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance         Percentage
                        -----------------------------------------------------------------------
                         1 Month            0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         2 Months           1               443,632.16               1.48%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              1               443,632.16               1.48%
                        -----------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
               Chase Mortgage Finance Corporation, Series 1999-AS1
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>
                        -----------------------------------------------------------------------
                                                      Group 3
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            3               210,566.07               0.22%
                        -----------------------------------------------------------------------
                         2 Months           1               155,365.56               0.16%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              4               365,931.63               0.38%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                   Group Totals
                        -----------------------------------------------------------------------
                         Category         Number        Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            3               210,566.07               0.15%
                        -----------------------------------------------------------------------
                         2 Months           2               598,997.72               0.43%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              5               809,563.79               0.58%
                        -----------------------------------------------------------------------

                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                 Number           Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                   0                         0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                                 Number           Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                   0                         0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 3
                        -----------------------------------------------------------------------
                                 Number           Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                   1                    59,166.94             0.06%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                   Group Totals
                        -----------------------------------------------------------------------
                                 Number           Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                   1                    59,166.94             0.04%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Number and Aggregate Principal Amounts of REO Loans
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                 Number           Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                   0                         0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                                 Number           Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                   0                         0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 3
                        -----------------------------------------------------------------------
                                 Number           Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                   0                         0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                   Group Totals
                        -----------------------------------------------------------------------
                                 Number           Principal Balance        Percentage
                        -----------------------------------------------------------------------
                                   0                         0.00             0.00%
                        -----------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
               Chase Mortgage Finance Corporation, Series 1999-AS1
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                   12,825.16

 Sec. 6.02(a)(x)        Class A Percentage                                                                                    92.96%
                        Class M Percentage                                                                                     3.36%
                        Class B Percentage                                                                                     3.68%
                        Class A Principal Balance                                                                    131,469,891.85
                        Class M Principal Balance                                                                      4,747,221.07
                        Class B Principal Balance                                                                      5,207,247.93
                        NON-PO Class A Percentage                                                                           92.9601%
                        NON-PO Class A Prepayment Percentage                                                               100.0000%
                        M  Credit Support                                                                                      3.68%
                        B1 Credit Support                                                                                      2.06%
                        B2 Credit Support                                                                                      1.19%
                        B3 Credit Support                                                                                      0.76%
                        B4 Credit Support                                                                                      0.49%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Group 1 Current Period Realized Losses                                                                 0.00
                        Group 2 Current Period Realized Losses                                                                 0.00
                        Group 3 Current Period Realized Losses                                                                 0.00

                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-AS2
                         Statement to Certificateholders
                                October 25, 1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
                                                       DISTRIBUTION IN DOLLARS
- ------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            PRIOR                                                                                   CURRENT
              FACE            PRINCIPAL                                                   REALIZED     DEFERRED        PRINCIPAL
  CLASS       VALUE            BALANCE         PRINCIPAL     INTEREST        TOTAL         LOSSES      INTEREST         BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>               <C>           <C>           <C>                <C>         <C>       <C>
   IA1     22,467,000.00     21,966,903.36    102,886.13    118,987.39      221,873.52       0.00        0.00       21,864,017.23
  IIA1      9,200,000.00      4,357,204.53    813,955.10     23,601.52      837,556.62       0.00        0.00        3,543,249.43
  IIA2     77,900,000.00     77,900,000.00          0.00    421,958.33      421,958.33       0.00        0.00       77,900,000.00
  IIA3      9,543,000.00      9,543,000.00          0.00     51,691.25       51,691.25       0.00        0.00        9,543,000.00
  IIA4     20,000,000.00     20,000,000.00          0.00    108,333.33      108,333.33       0.00        0.00       20,000,000.00
   AP          17,185.00         16,957.02         61.61          0.00           61.61       0.00        0.00           16,895.41
   AR             100.00              0.00          0.00          0.00            0.00       0.00        0.00                0.00
    M       5,250,000.00      5,226,446.96      6,070.41     28,309.92       34,380.33       0.00        0.00        5,220,376.55
   B1       2,625,000.00      2,613,223.48      3,035.21     14,154.96       17,190.17       0.00        0.00        2,610,188.27
   B2       1,200,000.00      1,194,616.45      1,387.52      6,470.84        7,858.36       0.00        0.00        1,193,228.93
   B3         675,000.00        671,971.75        780.48      3,639.85        4,420.33       0.00        0.00          671,191.27
   B4         375,000.00        373,317.63        433.60      2,022.14        2,455.74       0.00        0.00          372,884.03
   B5         751,676.40        748,304.15        869.14      4,053.31        4,922.45       0.00        0.00          747,435.01
- ------------------------------------------------------------------------------------------------------------------------------------
 TOTALS   150,003,961.40    144,611,945.33    929,479.20    783,222.84    1,712,702.04       0.00        0.00      143,682,466.13
- ------------------------------------------------------------------------------------------------------------------------------------

- ------------------------------------------------------------------------------------------------------------------------------------
   AX     148,463,136.00    143,093,044.14          0.00    109,738.74      109,738.74       0.00        0.00      142,169,498.60
- ------------------------------------------------------------------------------------------------------------------------------------
</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    16162T KG0      977.74083589     4.57943339    5.29609605     9.87552944      973.16140250             IA1     6.500000%
  IIA1    16162T KH8      473.60918804    88.47338043    2.56538261    91.03876304      385.13580761            IIA1     6.500000%
  IIA2    16162T KJ4    1,000.00000000     0.00000000    5.41666662     5.41666662    1,000.00000000            IIA2     6.500000%
  IIA3    16162T KK1    1,000.00000000     0.00000000    5.41666667     5.41666667    1,000.00000000            IIA3     6.500000%
  IIA4    16162T KL9    1,000.00000000     0.00000000    5.41666650     5.41666650    1,000.00000000            IIA4     6.500000%
   AP     16162T KM7      986.73377946     3.58510329    0.00000000     3.58510329      983.14867617             AP      0.000000%
   AR     16162T KN5        0.00000000     0.00000000    0.00000000     0.00000000        0.00000000             AR      6.500000%
    M     16162T KP0      995.51370667     1.15626857    5.39236571     6.54863429      994.35743810              M      6.500000%
   B1     16162T KQ8      995.51370667     1.15627048    5.39236571     6.54863619      994.35743619             B1      6.500000%
   B2     16162T KR6      995.51370833     1.15626667    5.39236667     6.54863333      994.35744167             B2      6.500000%
   B3     16162T KS4      995.51370370     1.15626667    5.39237037     6.54863704      994.35743704             B3      6.500000%
   B4     16162T KT2      995.51368000     1.15626667    5.39237333     6.54864000      994.35741333             B4      6.500000%
   B5     16162T KU9      995.51369446     1.15626884    5.39236033     6.54862917      994.35742562             B5      6.500000%
- ----------------------------------------------------------------------------------------------------           ---------------------
 TOTALS                   964.05417551     6.19636436    5.22134771    11.41771207      957.85781115
- ----------------------------------------------------------------------------------------------------           ---------------------

- ----------------------------------------------------------------------------------------------------           ---------------------
   AX                     963.82878602     0.00000000    0.73916491     0.73916491      957.60807989             AX      0.920286%
- ----------------------------------------------------------------------------------------------------           ---------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-AS2
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
 Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                        761,485.91
                        Aggregate Amount of Repurchase Proceeds                                                                0.00

                        Group 1 Amount of Principal Prepayments                                                           31,121.87
                        Group 1 Amount of Repurchase Proceeds                                                                  0.00

                        Group 2 Amount of Principal Prepayments                                                          730,364.04
                        Group 2 Amount of Repurchase Proceeds                                                                  0.00

 Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                       59,629.54
                        Group 1 Servicer Advances                                                                          6,953.41
                        Group 2 Servicer Advances                                                                         52,676.13

 Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                  1,359
                        Ending Principal Balance of Outstanding Mortgage Loans                                       143,682,466.58

                        Group 1 Outstanding Mortgage Loans                                                                      241
                        Ending Principal Balance of Group 1 Mortgage Loans                                            23,607,296.07

                        Group 2 Outstanding Mortgage Loans                                                                    1,118
                        Ending Principal Balance of Group 2 Mortgage Loans                                           120,075,170.51

 Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                                37,828.08

 Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            1               392,871.14               1.66%
                        -----------------------------------------------------------------------
                         2 Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              1               392,871.14               1.66%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                         Category         Number         Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            2               294,893.26               0.25%
                        -----------------------------------------------------------------------
                         2 Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              2               294,893.26               0.25%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                    Group Totals
                        -----------------------------------------------------------------------
                         Category          Number        Principal Balance        Percentage
                        -----------------------------------------------------------------------
                         1 Month            3               687,764.40               0.48%
                        -----------------------------------------------------------------------
                         2 Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         3+Months           0                     0.00               0.00%
                        -----------------------------------------------------------------------
                         Total              3               687,764.40               0.48%
                        -----------------------------------------------------------------------
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------
<PAGE>

- --------------------------------------------------------------------------------
                  Chase Mortgage Finance Trust, Series 1999-AS2
                                October 25, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S>                     <C>                                                                                          <C>
                        Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      2                327,656.43             0.27%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                   Group Totals
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      2                327,656.43             0.23%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(viii)     Number and Aggregate Principal Amounts of REO Loans
                        -----------------------------------------------------------------------
                                                      Group 1
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                      Group 2
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

                        -----------------------------------------------------------------------
                                                    Group Totals
                        -----------------------------------------------------------------------
                                    Number         Principal Balance       Percentage
                        -----------------------------------------------------------------------
                                      0                      0.00             0.00%
                        -----------------------------------------------------------------------

 Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                   12,459.79

 Sec. 6.02(a)(x)        Class A Percentage                                                                                    92.51%
                        Class M Percentage                                                                                     3.61%
                        Class B Percentage                                                                                     3.87%
                        Class A Principal Balance                                                                    133,784,064.91
                        Class M Principal Balance                                                                      5,226,446.96
                        Class B Principal Balance                                                                      5,601,433.46
                        NON-PO Class A Percentage                                                                           92.5116%
                        NON-PO Class A Prepayment Percentage                                                               100.0000%
                        M Credit Support                                                                                       3.87%
                        B1 Credit Support                                                                                      2.07%
                        B2 Credit Support                                                                                      1.24%
                        B3 Credit Support                                                                                      0.78%
                        B4 Credit Support                                                                                      0.52%

 Sec. 6.02(a)(xi)       Current Period Realized Losses                                                                         0.00
                        Group 1 Current Period Realized Losses                                                                 0.00
                        Group 2 Current Period Realized Losses                                                                 0.00

                        Cumulative Period Realized Losses                                                                      0.00

 Sec. 6.02(a)(xiv)      Compensating Interest Shortfall                                                                        0.00
</TABLE>

[Image]                  (COPYRIGHT) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
- --------------------------------------------------------------------------------



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