<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 (Date of earliest event reported): April 1, 1999
Chase Mortgage Finance Corporation
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(Exact name of registrant specified in Charter)
Delaware 333-56081 52-1495132
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(State or other (Commission (IRS Employee
jurisdiction of File Number) Identification No.)
incorporation)
343 Thornall Street
Edison, NJ 08837
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(Address of principal executive offices) Zip Code
Registrant's telephone, including area code: (732) 205-0600
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(Former name and former address, if changed since last report)
<PAGE>
ITEM 5. Other Events
Filing of Collateral Term Sheets
Attached as Exhibit 99.1 are Collateral Term Sheets prepared by Chase
Mortgage Finance Corporation in connection with the offering of Chase Mortgage
Finance Corporation Multi-Class Mortgage Pass-Through Certificates, Series
1999-S6.
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ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601 (a)
of Regulation S-K
Exhibit No. Description
- ----------- -----------
(99.1) Collateral Term Sheets
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CHASE MORTGAGE FINANCE
CORPORATION
April 1, 1999
By: /s/ Eileen A. Lindblom
--------------------------------
Name: Eileen A. Lindblom
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
Exhibit No. Description
- ----------- -----------
(99.1) Collateral Term Sheets
<PAGE>
Current
Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
Owner Dummy Deal Description Count Original Balance Current Balance Average Original Bal
- ----- ---------- ----------- ----- ---------------- --------------- --------------------
millerma 5783 april 15 year jumbo 753 241,653,588.00 241,358,219.75 320,921.10
Gross WAC Gross Adiustments WA Gross Rate Sched. WAM Actual WAM WALTV WALA
--------- ----------------- ------------- ---------- ---------- ----- ----
6,871 .000 6.871 178.502 178.515 65.148 .390
STATE DISTRIBUTION LOAN AMORTIZATION DISTRIBUTION
------------------ ------------------------------
State Count Balance Percent Actual Months to Maturity Count Balance Percent
- ----- ----- ------- ------- ------------------------- ----- ------- -------
CA 175 71,206,866.76 29.50 1-24 Months (1 Mo-2 Years) 0 .00 .00
CT 7 2,483,467.26 1.03 25-48 Months (2-4 Years) 0 .00 .00
FL 83 23,630,233.94 9.79 49-72 Months (4-6 Years) 0 .00 .00
IL 15 3,726,552.45 1.54 73-96 Months (6-8 Years) 0 .00 .00
NJ 28 7,437,464.22 3.08 97-120 Months (8-10 Years) 15 4,457,385.87 1.85
NY 94 28,363,110.16 11.75 121-144 Months (10-12 Years) 0 .00 .00
TX 45 15,459,714.57 6.41 145-168 Months (12-14 Years) 1 765,813.13 .32
Other 306 89,050,810.39 36.90 169-192 Months (14-16 Years) 737 236,135,020.75 97.84
- -------------------------------------- 193-216 Months (16-18 Years) 0 .00 .00
TOTAL: 753 241,358,219.75 100.00 217-240 Months (18-20 Years) 0 .00 .00
241-264 Months (20-22 Years) 0 .00 .00
DOC TYPE DISTRIBUTION 265-288 Months (22-24 Years) 0 .00 .00
Doc Type Count Balance Percent 289-312 Months (24-26 Years) 0 .00 .00
- -------- ----- ------- ------- 313-336 Months (26-28 Years) 0 .00 .00
FULL 544 204,486,367.88 84.72 337+ Months (28+ Years) 0 .00 .00
NIV 209 36,871,851.87 15.28 ---------------------------------------------------------------------
NO RATIO 0 .00 .00 TOTAL: 753 241,358,219.75 100.00
NINA 0 .00 .00
ALT 0 .00 .00 LOAN 1st PAYMENT DISTRIBUTION
Other 0 .00 .00 -----------------------------
- ------------------------------------------ 1st Payment Date Count Balance Percent
TOTAL: 753 241,358,219.75 100.00 ---------------- ----- ------- -------
0 Months Old 396 137,204,751.58 56.85
1 Month Old 303 89,708,917.01 37.17
PROPERTY TYPE DISTRIBUTION 2 Months Old 33 7,404,611.10 3.07
-------------------------- 3 Months Old 0 .00 .00
Property Type Count Balance Percent 4 Months Old 11 4,710,728.59 1.95
- ------------- ----- ------- ------- 5 Months Old 8 1,755,437.80 .73
Single Family 574 184,426,075.31 76.41 6 Months Old 0 .00 .00
Multi Family 5 1,304,673.44 .54 7 Months Old 1 294,201.50 .12
COOP 13 3,673,377.44 1.52 8 Months Old 1 279,572.17 .12
PUD 125 41,704,997.58 17.28 9 Months Old 0 .00 .00
Condo -High Rise 0 .00 .00 10 Months Old 0 .00 .00
-Low Rise 0 .00 .00 11 Months Old 0 .00 .00
-Condotels 0 .00 .00 12 Months Old 0 .00 .00
-Unknown 22 5,678,612.27 2.35 1-2 Years (13-24 Months Old) 0 .00 .00
Manufac. House 0 0 0 2-3 Years (25-36 Months Old) 0 .00 .00
Other 14 4,570,483.71 1.89 3-4 Years (37-48 Months Old) 0 .00 .00
- --------------------------------------------------- 4-6 Years (49-72 Months Old) 0 .00 .00
TOTAL: 753 241,358,219.75 100.00 6-8 Years (73-96 Months Old) 0 .00 .00
8-10 Years (97-120 Months Old) 0 .00 .00
OCCUPANCY DISTRIBUTION 10 + Years (121+ Months Old) 0 .00 .00
---------------------- ---------------------------------------------------------------------
Occupancy Count Balance Percent TOTAL: 753 241,358,219.75 100.00
- --------- ----- ------- -------
None 1 375,000.00 .16
Primary 710 225,934,290.30 93.61
Vacation 42 15,048,929.45 6.24
Investor 0 .00 .00
Other 0 .00 .00
- ---------------------------------------------------
TOTAL: 753 241,358,219.75 100.00
PURPOSE DISTRIBUTION
--------------------
Purpose Count Balance Percent
- ------- ----- ------- -------
Cash Out Refi 261 77,184,446.79 31.98
Purchase 101 33,837,233.77 14.02
Rate Term Refi 391 130,336,539.19 54.00
Other 0 .00 .00
- ----------------------------------------------
TOTAL: 753 241,358,219.75 100.00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Chase Manhattan Mortgage Corporation - Pool Summary
Owner Dummy Deal Description Count Original Balance Current Balance Average Original Bal
- ----- ---------- ----------- ----- ---------------- --------------- --------------------
millerma 5783 april 15 year jumbo 753 241,653,588.00 241,358,219.75 320,921.10
FICO CREDIT SCORES UNINSURED LOANS (NO MI ) BY LTV
------------------ -------------------------------
FICOScore Count Balance Percent LTV Count Balance Percent
- --------- ----- ------- ------- --- ----- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C>
0-1/Unknown 91 31,287,262.70 12.96 80.01 727 235,310,556.31 97.49
2 -500 2 600.000.00 .25 80.01 - 85.00 2 718,400.00 .30
500.01 -600 10 3,783,850.00 1.57 85.01 - 90.00 1 270,000.00 .11
600.01 -620 17 4,776,035.59 1.98 90.01 - 95.00 2 223,250.00 .09
620.01 -640 29 6,740,503.40 2.79 95.01 - 100.00 0 .00 .00
640.01 -660 36 9,643,001.59 4.00 100.01 + 0 .00 .00
660.01 -680 78 22,512,199.87 9.33 -----------------------------------------------
680.01 -700 77 22,292,271.10 9.24 AGG UNINSURED 732 236,522,206.31 98.00
700.01 -720 88 24,770,624.73 10.26 AGG INSURED 21 4,836,013.44 2.00
720.01 -740 105 36,223,902.25 15.01 -----------------------------------------------
740.01 -760 98 32,279,226.51 13.37 TOTAL 753 241,358,219.75 100.00
760.01 -780 90 32,777,779.43 13.58
780.01 -800 24 9,980,649.10 4.14 INTL/DOMESTIC BORROWERS DISTRIBUTION
800.01 -820 8 3,690,913.48 1.53 -------------------------------------
820+ 0 .00 .00 Int'l/Domes Count Balance Percent
- --------------------------------------------- ----------- ----- ------- -------
TOTAL 753 241,358,219.75 100.00 International 0 .00 .00
Domestic 753 241,358,219.75 100.00
Max Score: 807 Min Score: 7 ---------------------------------------------
Wtd Avg. Score (FICO > 1): 717 TOTAL: 753 241,358,219.75 100.00
</TABLE>
FULL STATE DISTRIBUTION
-----------------------
State Count Balance Percent State Count Balance Percent
- ----- ----- ------- ------- ----- ----- ------- -------
AL 0 .00 .00 NC 16 3,354,683.56 1.39
AR 1 100,000.00 .04 ND 0 .00 .00
AZ 17 4,803,558.91 1.99 NE 1 576,614.61 .24
CA 175 71,206,866.76 29.50 NH 1 703,274.18 .29
CO 19 6,973,130.85 2.89 NJ 28 7,437,464.22 3.08
CT 7 2,483,467.26 1.03 NM 5 1,631,566.90 .68
DC 1 560,000.00 .23 NV 4 1,059,770.58 .44
DE 2 366,163.18 .15 NY 94 28,363,110.16 11.75
FL 83 23,630,233.94 9.79 OH 12 2,291,398.53 .95
GA 23 5,692,271.41 2.36 OK 8 1,433,143.82 .59
HI 0 .00 .00 OR 3 933,000.00 .39
IA 0 .00 .00 PA 29 7,240,332.42 3.00
ID 2 270,115.39 .11 RI 4 910,750.00 .38
IL 15 3,726,552.45 1.54 SC 5 1,351,570.47 .56
IN 4 834,898.17 .35 SD 0 .00 .00
KS 1 500,000.00 .21 TN 13 3,169,609.05 1.31
KY 8 2,379,525.26 .99 TX 45 15,459,714.57 6.41
LA 4 1,043,386.65 .43 UT 9 2,932,578.62 1.22
MA 17 5,773,340.71 2.39 VA 8 3,422,193.23 1.42
MD 21 4,502,966.57 1.87 VT 1 94,700.28 .04
ME 0 .00 .00 WA 22 9,428,3O8.44 3.91
MI 21 6,762,582.61 2.80 WI 1 187,000.00 .08
MN 7 2,805,200.00 1.16 WV 3 1,090,000.00 .45
MO 10 2,769,089.62 1.15 WY 0 .00 .00
MS 1 390,000.00 .16 UNKNOWN 0 .00 .00
MT 2 714,086.37 .30
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TOTAL: 753 241,358,219.75 100.00
<PAGE>
<TABLE>
<CAPTION>
Chase Manhattan Mortgage Corporation - Pool Summary
Owner Dummy Deal Description Count Original Balance Current Balance Average Original Bal
- ----- ---------- ----------- ----- ---------------- --------------- --------------------
<S> <C> <C> <C> <C> <C> <C>
millerma 5783 april 15 year jumbo 753 241,653,588.00 241,358,219.75 320,921.10
- -Im
LTV DISTRIBUTION ORIGINAL BALANCE DISTRIBUTION
---------------- -----------------------------
LTV Count Balance Percent Count Balance Percent
- --- ----- ------- ------- ----- ------- -------
0-50.00 130 41,142,356.22 17.05 0-50,000,00 15 585,145.40 .24
50.01-60.00 95 33,423,066.15 13.85 50,000.01-100,000.00 95 7,334,731.10 3.04
60.01-70.00 177 56,533,988.78 23.42 100,000.01-150,000.00 67 8,374,034.20 3.47
70.01-75.00 135 44,216,319.77 18.32 150,000.01-200.000.00 32 5,689,004.97 2.36
75.01-80.00 190 59,994,825.39 24.86 200,000.01-225,000.00 11 2,306,835.82 .96
80.01-85.00 5 1,583,016.48 .66 225,000.01-227,150.00 2 453,400.00 .19
85.01-90.00 10 3,098,529.21 1.28 227,150.01-350,000.00 265 78,939,167.51 32.71
90.01-95.00 11 1,366,117.75 .57 350,000.01-400,000.00 83 31,392,761.84 13.01
95.01-100.00 0 .00 .00 400,000.01-500,000.00 82 37,239,655.46 15.43
100.01+ 0 .00 .00 500,000.01-650,000.00 68 40,089,092.55 16.61
- --------------------------------------------- 650,000.01-1,000,000.00 32 27,468,671.14 11.38
TOTAL: 753 241,358,219.75 100.00 1,000,000.01+ 1 1,485,719.76 .62
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TOTAL: 753 241,358,219.75 100.00
NOTE RATE DISTRIBUTION
----------------------
Note Gross WA Gross Note Gross WA Gross
Rate Adjmts Rate Cnt Balance Percent Rate Adjmts Rate Cnt Balance Percent
- ---- ------- -------- --- ------- ------- ---- ------ ---- --- ------- -------
<5.750 .0000 .0000 0 .00 .00 9.375 .0000 .0000 0 .00 .00
5.750 .0000 .0000 0 .00 .00 9.500 .0000 .0000 0 .00 .00
5.875 .0000 .0000 0 .00 .00 9.625 .0000 .0000 0 .00 .00
6.000 .0000 .0000 0 .00 .00 9.750 .0000 .0000 0 .00 .00
6.125 .0000 .0000 0 .00 .00 9.875 .0000 .0000 0 .00 .00
6.250 .0000 6.2500 3 818,139.73 .34 10.000 .0000 .0000 0 .00 .00
6.375 .0000 6.3750 13 3,061,360.70 1.27 10.125 .0000 .0000 0 .00 .00
6.500 .0000 6.5000 61 19,715,106.01 8.17 10.250 .0000 .0000 0 .00 .00
6.625 .0000 6.6250 50 18,135,430.25 7.51 10.375 .0000 .0000 0 .00 .00
6.750 .0000 6.7500 144 52,918,166.73 21.93 10.500 .0000 .0000 0 .00 .00
6.875 .0000 6.8750 211 70,907,280.54 29.38 10.625 .0000 .0000 0 .00 .00
7.000 .0000 7.0000 109 36,518,170.17 15.13 10.750 .0000 .0000 0 .00 .00
7.125 .0000 7.1250 47 16,124,765.35 6.68 10.875 .0000 .0000 0 .00 .00
7.250 .0000 7.2500 51 11,794,969.84 4.89 11.000 .0000 .0000 0 .00 .00
7.375 .0000 7.3750 32 7,717,030.89 3.20 11.125 .0000 .0000 0 .00 .00
7.500 .0000 7.5000 15 1,629,147.79 .67 11.250 .0000 .0000 0 .00 .00
7.625 .0000 7.6250 7 928,305.18 .38 11.375 .0000 .0000 0 .00 .00
7.750 .0000 7.7500 3 365,350.00 .15 11.500 .0000 .0000 0 .00 .00
7.875 .0000 7.8750 2 387,050.00 .16 11.625 .0000 .0000 0 .00 .00
8.000 .0000 8.0000 1 87,171.20 .04 11.750 .0000 .0000 0 .00 .00
8.125 .0000 8.1250 3 215,775.37 .09 11.875 .0000 .0000 0 .00 .00
8.250 .0000 .0000 0 .00 .00 12.000 .0000 .0000 0 .00 .00
8.375 .0000 .0000 0 .00 .00 12.125 .0000 .0000 0 .00 .00
8.500 .0000 8.5000 1 35,000.00 .01 12.250 .0000 .0000 0 .00 .00
8.625 .0000 .0000 0 .00 .00 12.375 .0000 .0000 0 .00 .00
8.750 .0000 .0000 0 .00 .00 12.500 .0000 .0000 0 .00 .00
8.875 .0000 .0000 0 .00 .00 12.625 .0000 .0000 0 .00 .00
9.000 .0000 .0000 0 .00 .00 12.750 .0000 .0000 0 .00 .00
9.125 .0000 .0000 0 .00 .00 12.875 .0000 .0000 0 .00 .00
9.250 .0000 .0000 0 .00 .00 >12.875 .0000 .0000 0 .00 .00
Other: WAC 0 .0000 .0000 0 .00 .00
----------------------------------------------------------------
TOTAL: 753 241,358,219.75 100.00
</TABLE>
