<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): October 26, 1999
----------------
Chase Mortgage Finance Corporation
- --------------------------------------------------------------------------------
(Exact name of registrant specified in Charter)
Delaware 333-76801 52-1495132
- --------------------------------------------------------------------------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
---------------------------
343 Thornall Street
Edison, NJ 08837
- --------------------------------------------------------------------------------
(Address of principal executive offices) Zip Code
Registrant's telephone, including area code: (732) 205-0600
Not Applicable
(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-S14.
<PAGE>
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
Date: October 26, 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 Page: 1
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[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
09-28-1999 10:41:25
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal Gross WAC Gross Adjustments WA Gross Rate
- ----- ---------------- --------------- -------------------- --------- ----------------- -------------
845 234,415,600.00 234,368,159.43 277,414.91 8.135 .000 8.135
Sched. WAM Actual WAM WALTV WALA
- ---------- ---------- ----- ----
358.591 358.456 74.411 .138
STATE DISTRIBUTION LOAN AMORTIZATION DISTRIBUTION
------------------ ------------------------------
State Count Balance Percent Actual Months to Maturity Count Balance Percent
- ----- ----- ------- ------- ------------------------- ----- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C>
CA 131 44,667,311.28 19.07 1-24 Months (1 Mo-2 Years) 1 389,000.00 .17
CT 7 1,716,000.00 .73 25-48 Months (2-4 Years) 0 .00 .00
FL 81 21,342,775.18 9.11 49-72 Months (4-6 Years) 0 .00 .00
IL 17 3,406,651.32 1.45 73-96 Months (6-8 Years) 0 .00 .00
NJ 37 11,285,529.08 4.81 97-120 Months (8-10 Years) 0 .00 .00
NY 153 51,502,820.12 21.98 121-144 Months (10-12 Years) 0 .00 .00
TX 39 10,768,773.13 4.59 145-168 Months (12-14 Years) 0 .00 .00
Other 380 89,678,399.32 38.26 169-192 Months (14-16 Years) 0 .00 .00
- -------------------------------------------------------- 193-216 Months (16-18 Years) 0 .00 .00
TOTAL: 845 234,368,159.43 100.00 217-240 Months (18-20 Years) 5 1,210,741.22 .52
241-264 Months (20-22 Years) 0 .00 .00
DOC TYPE DISTRIBUTION 265-288 Months (22-24 Years) 0 .00 .00
--------------------- 289-312 Months (24-26 Years) 2 256,356.88 .11
Doc Type Count Balance Percent 313-336 Months (26-28 Years) 0 .00 .00
- -------- ----- ------- ------- 337+ Months (28+ Years) 837 232,510,061.33 99.21
FULL 598 182,264,561.69 77.77 -------------------------------------------------------------------
NIV 247 52,103,497.74 22.23 TOTAL: 845 234,368,159.43 100.00
NO RATIO 0 .00 .00
NINA 0 .00 .00 LOAN 1st PAYMENT DISTRIBUTION
ALT 0 .00 .00 -----------------------------
Other 0 .00 .00 1st Payment Date Count Balance Percent
- -------------------------------------------------------- ---------------- ----- ------- -------
TOTAL: 845 234,368,159.43 100.00 0 Months Old 762 206,613,259.65 88.16
1 Month Old 42 14,514,614.23 8.19
PROPERTY TYPE DISTRIBUTION 2 Months Old 26 8,360,566.57 3.57
-------------------------- 3 Months Old 12 3,852,000.25 1.64
Property Type Count Balance Percent 4 Months Old 3 1,027,718.73 .44
- ------------- ----- ------- ------- 5 Months Old 0 .00 .00
Single Family 597 182,288,224.59 69.24 6 Months Old 0 .00 .00
Multi Family 11 3,925,879.14 1.68 7 Months Old 0 .00 .00
COOP 35 9,390,218.58 4.01 8 Months Old 0 .00 .00
PUD 130 38,067,584.92 16.24 9 Months Old 0 .00 .00
Condo -High Rise 0 .00 .00 10 Months Old 1 .00 .00
-Low Rise 0 .00 .00 11 Months Old 1 .00 .00
-Condotels 0 .00 .00 12 Months Old 0 .00 .00
-Unknown 39 10,273,856.13 4.38 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 33 10,442,395.97 4.46 3-4 Years (37-48 Months Old) 0 .00 .00
- -------------------------------------------------------- 4-6 Years (49-72 Months Old) 0 .00 .00
TOTAL: 845 234,368,159.43 100.00 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: 845 234,368,159.43 100.00
- --------- ----- ------- -------
None 1 389,000.00 .17
Primary 810 223,540,355.20 95.38
Vacation 34 10,438,804.23 4.45
Investor 0 .00 .00
Other 0 .00 .00
- --------------------------------------------------------
TOTAL: 845 234,368,159.43 100.00
PURPOSE DISTRIBUTION
--------------------
Purpose Count Balance Percent
- ------- ----- ------- -------
Cash Out Refi 172 46,101,540.14 19.67
Purchase 528 156,806,396.50 66.91
Rate Term Refi 145 31,460,222.79 13.42
Other 0 .00 .00
- --------------------------------------------------------
TOTAL: 845 234,368,159.43 100.00
</TABLE>
THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.
<PAGE>
Current Page: 2
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[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
09-28-1999 10:41:25
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal
----- ---------------- --------------- --------------------
845 234,415,600.00 234,368,159.43 277,414.91
LTV DISTRIBUTION ORIGINAL BALANCE DISTRIBUTION
---------------- -----------------------------
LTV Count Balance Percent Count Balance Percent
- --- ----- ------- ------- ----- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C>
0-50.00 41 9,813,432.50 4.19 0-50,000.00 18 724,750.00 .31
50.01-60.00 52 17,217,473.28 7.35 50,000.01-100,000.00 88 8,862,070.38 2.83
60.01-70.00 139 36,288,769.93 15.48 100,000.01-150,000.00 112 13,922,165.96 5.94
70.01-75.00 158 43,404,319.42 18.52 150,000.01-200,000.00 73 12,908,214.24 5.51
75.01-80.00 339 99,160,367.85 42.31 200,000.01-225,000.00 33 7,001,898.99 2.99
80.01-85.00 12 3,010,236.05 1.28 225,000.01-240,000.00 13 3,046,835.98 1.30
85.01-90.00 44 13,163,220.24 5.62 240,000.01-350,000.00 300 88,160,387.67 37.52
90.01-95.00 60 12,313,320.16 5.25 350,000.01-400,000.00 78 29,462,746.92 12.57
95.01-100.00 0 .00 .00 400,000.01-500,000.00 65 31,201,795.15 13.31
100.00+ 0 .00 .00 500,000.01-650,000.00 42 24,677,141.10 10.53
- --------------------------------------------------------- 650,000.01-1,000,000.00 19 15,322,150.06 6.54
TOTAL: 845 234,368,159.43 100.00 1,000,000.00+ 1 1,080,000.00 .45
-----------------------------------------------------------------
TOTAL: 845 234,368,159.43 100.00
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 9.3750 4 573,106.88 .24
5.750 .0000 .0000 0 .00 .00 9.500 .0000 9.5000 1 80,700.00 .03
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 .0000 0 .00 .03 10.000 .0000 .0000 0 .00 .00
6.375 .0000 .0000 0 .00 .00 10.125 .0000 .0000 0 .00 .00
6.500 .0000 .0000 0 .00 .00 10.250 .0000 .0000 0 .00 .00
6.625 .0000 .0000 0 .00 .00 10.375 .0000 .0000 0 .00 .00
6.750 .0000 6.7500 3 2,068,604.42 .88 10.500 .0000 .0000 0 .00 .00
6.875 .0000 6.8750 4 1,176,723.72 .50 10.625 .0000 .0000 0 .00 .00
7.000 .0000 7.0000 3 1,167,539.62 .51 10.750 .0000 .0000 0 .00 .00
7.125 .0000 7.1250 4 1,384,251.43 .58 10.875 .0000 .0000 0 .00 .00
7.250 .0000 7.2500 17 5,740,183.38 2.45 11.000 .0000 .0000 0 .00 .00
7.375 .0000 7.3750 12 3,785,258.77 1.52 11.125 .0000 .0000 0 .00 .00
7.500 .0000 7.5000 29 8,595,710.92 3.67 11.250 .0000 .0000 0 .00 .00
7.625 .0000 7.6250 31 8,819,735.95 3.76 11.375 .0000 .0000 0 .00 .00
7.750 .0000 7.7500 40 13,289,477.19 5.67 11.500 .0000 .0000 0 .00 .00
7.875 .0000 7.8750 69 19,074,977.29 8.14 11.625 .0000 .0000 0 .00 .00
8.000 .0000 8.0000 95 30,093,205.38 12.84 11.750 .0000 .0000 0 .00 .00
8.125 .0000 8.1250 82 23,767,795.40 10.14 11.875 .0000 .0000 0 .00 .00
8.250 .0000 8.2500 119 33,093,610.50 14.12 12.000 .0000 .0000 0 .00 .00
8.375 .0000 8.3750 96 26,432,106.92 11.28 12.125 .0000 .0000 0 .00 .00
8.500 .0000 8.5000 110 25,587,705.45 11.34 12.250 .0000 .0000 0 .00 .00
8.625 .0000 8.6250 38 9,814,958.51 4.18 12.375 .0000 .0000 0 .00 .00
8.750 .0000 8.7500 34 8,668,623.22 3.70 12.500 .0000 .0000 0 .00 .00
8.875 .0000 8.8750 23 4,448,683.48 1.90 12.625 .0000 .0000 0 .00 .00
9.000 .0000 9.0000 20 3,368,250.00 1.44 12.750 .0000 .0000 0 .00 .00
9.125 .0000 9.1250 7 1,570,250.00 .67 12.875 .0000 .0000 0 .00 .00
9.250 .0000 9.2500 4 768,700.00 .33 >12.875 .0000 .0000 0 .00 .00
Other: WAC 0 .0000 .0000 0 .00 .00
---------------------------------------------------------------------
TOTAL: 845 234,368,159.43 100.00
</TABLE>
THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.
<PAGE>
Current Page: 3
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[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal WALTV WALA WA Gross Rate Sched. WAM Actual WAM
- ----- ---------------- --------------- -------------------- ----- ---- ------------- ---------- ----------
845 234,415,600.00 234,368,159.43 277,414.91 74.209 .047 7.759 356.245 356.069
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 179 48,491,001.39 20.69 <80.01 729 205,881,382.98 87.88
2-500 2 555,745.39 .24 80.01-85.00 5 1,346,450.00 .57
500.01-600 7 1,122,000.00 .48 85.01-90.00 20 6,267,750.00 2.67
600.01-700 288 73,247,230.92 31.25 90.01-95.00 32 5,588,187.00 2.38
700.01-800 362 108,825,041.32 46.43 95.01-100.00 0 .00 .00
800.01+ 9 2,127,140.41 .91 100.01+ 0 .00 .00
- ---------- ---- -------------- ----- ----------------------------------------------------------
TOTAL 845 234,368,159.43 100.00 AGG UNINSURED 786 219,083,769.98 93.48
Max Score: 999 Min Score: 5 AGG INSURED 59 15,284,389.45 6.52
Wtd Avg. Score (FICO>1): 710 ----------------------------------------------------------
TOTAL 845 234,365,159.43 100.00
INTL/DOMESTIC BORROWERS DISTRIBUTION
------------------------------------
Int'l/Domes Count Balance Percent
----------- ----- ------- -------
International 0 .00 .00
Domestic 845 234,368,159.43 100.00
----------------------------------------------------------
TOTAL 845 234,368,159.43 100.00
FULL STATE DISTRIBUTION
-----------------------
State Count Balance Percent State Count Balance Percent
- ----- ----- ------- ------- ----- ----- ------- -------
AL 4 555,950.00 .24 NC 29 5,675,841.17 2.51
AR 1 251,750.00 .11 ND 0 .00 .00
AZ 13 4,127,199.40 1.75 NE 0 .00 .00
CA 131 44,687,311.28 19.07 NH 2 508,850.00 .22
CO 11 3,345,515.49 1.43 NJ 37 11,265,529.08 4.81
CT 7 1,716,000.00 .73 NM 3 736,450.00 .31
DC 4 1,506,536.72 .64 NV 8 2,571,900.00 1.10
DE 6 1,393,480.00 .59 NY 153 51,502,820.12 21.96
FL 81 21,342,775.18 9.11 OH 18 2,081,461.78 .89
GA 37 9,904,796.96 4.23 OK 6 1,717,600.00 .73
HI 0 .00 .00 OR 2 431,200.00 .18
IA 2 429,750.00 .18 PA 38 8,482,826.28 3.61
ID 2 342,916.74 .15 RI 0 .00 .00
IL 17 3,408,551.32 1.45 SC 14 2,928,192.56 1.25
IN 5 1,239,827.67 .53 SD 0 .00 .00
KS 4 777,150.00 .33 TN 10 2,089,350.00 .89
KY 3 577,750.00 .25 TX 39 10,768,773.13 4.59
LA 7 2,328,700.00 .99 UT 4 778,450.00 .33
MA 12 3,585,731.16 1.53 VA 27 6,959,666.89 2.97
MD 23 6,899,969.16 2.94 VT 0 .00 .00
ME 0 .00 .00 WA 31 6,657,654.05 3.69
MI 34 5,369,931.17 2.29 WI 1 190,000.00 .08
MN 4 659,000.00 .28 WV 1 200,000.00 .09
MO 8 1,182,171.92 .50 WY 0 .00 .00
MS 1 121,000.00 .05 UNKNOWN 2 505,000.00 .22
MT 3 384,400.00 .16 --------------------------------------------------
TOTAL: 845 234,368,159.43 100.00
</TABLE>
THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.