CHASE MORTGAGE FINANCE CORP
8-K, 1999-06-18
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: June 11, 1999

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

<TABLE>
<S>                                   <C>                                 <C>
         Delaware                              333-56081                           52-1495132
- ------------------------------        -------------------------------     --------------------------------
(State or other jurisdiction          (Commission File Number)            (IRS Employer
of incorporation)                                                         Identification No.)
</TABLE>

              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 May 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 and 1999-AS1 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 May 25, 1999
                            distribution

<PAGE>

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

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


<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:  June 11, 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>


               Chase Mortgage Finance Corporation, Series 1999-S1
                         Statement to Certificateholders
                                  May 25, 1999

<TABLE>
<CAPTION>

                                 DISTRIBUTION IN DOLLARS


             ORIGINAL            PRIOR                                                               CURRENT
               FACE            PRINCIPAL                                                REALIZED     DEFERRED     PRINCIPAL
   CLASS      VALUE             BALANCE         INTEREST     PRINCIPAL       TOTAL       LOSSES      INTEREST      BALANCE
<S>       <C>                <C>             <C>           <C>            <C>           <C>        <C>         <C>
  A1       33,921,000.00      33,921,000.00    172,431.75          0.00     172,431.75    0.00          0.00    33,921,000.00
  A2       25,000,000.00      25,000,000.00    122,916.67          0.00     122,916.67    0.00          0.00    25,000,000.00
  A3       10,000,000.00      10,000,000.00     50,416.67          0.00      50,416.67    0.00          0.00    10,000,000.00
  A4       37,285,000.00      37,285,000.00    192,639.17          0.00     192,639.17    0.00          0.00    37,285,000.00
  A6       89,193,000.00      87,426,483.90    473,560.12    793,894.09   1,267,454.21    0.00          0.00    86,632,589.81
  A7       18,242,000.00      15,971,903.30          0.00    685,452.48     685,452.48    0.00     86,514.48    15,372,965.30
  A8       63,600,000.00      63,600,000.00    344,500.00          0.00     344,500.00    0.00          0.00    63,600,000.00
  A9       56,234,000.00      55,306,557.16    299,577.18    320,044.41     619,621.59    0.00          0.00    54,986,512.75
  A10       3,513,000.00       3,513,000.00     19,028.75          0.00      19,028.75    0.00          0.00     3,513,000.00
  A11       5,000,000.00       5,000,000.00     29,166.67          0.00      29,166.67    0.00          0.00     5,000,000.00
  A12       5,000,000.00       5,000,000.00     27,083.33          0.00      27,083.33    0.00          0.00     5,000,000.00
  A13      11,522,200.00      11,522,200.00     64,812.38          0.00      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      8,437.50          0.00       8,437.50    0.00          0.00     1,500,000.00
  A16       3,500,000.00       3,500,000.00     19,687.50          0.00      19,687.50    0.00          0.00     3,500,000.00
  A17       3,300,000.00       3,300,000.00     18,562.50          0.00      18,562.50    0.00          0.00     3,300,000.00
  A18       3,000,000.00       3,000,000.00     16,250.00          0.00      16,250.00    0.00          0.00     3,000,000.00
  A19       2,000,000.00       2,000,000.00     13,333.33          0.00      13,333.33    0.00          0.00     2,000,000.00
  A20       6,000,000.00       6,000,000.00     35,000.00          0.00      35,000.00    0.00          0.00     6,000,000.00
  A21         885,000.00         885,000.00      4,978.13          0.00       4,978.13    0.00          0.00       885,000.00
  A22       1,000,000.00       1,000,000.00      5,416.67          0.00       5,416.67    0.00          0.00     1,000,000.00
  A23       1,000,000.00       1,016,338.19          0.00          0.00           0.00    0.00      5,505.17     1,021,843.36
  AP          661,605.00         659,504.74          0.00        685.69         685.69    0.00          0.00       658,819.05
  AR              100.00               0.00          0.01          0.00           0.01    0.00          0.00             0.00
   M        8,600,000.00       8,578,834.53     46,468.69      7,176.47      53,645.16    0.00          0.00     8,571,658.06
  B1        3,600,000.00       3,591,140.04     19,452.01      3,004.10      22,456.11    0.00          0.00     3,588,135.94
  B2        1,600,000.00       1,596,062.24      8,645.34      1,335.16       9,980.50    0.00          0.00     1,594,727.08
  B3        1,400,000.00       1,396,554.46      7,564.67      1,168.26       8,732.93    0.00          0.00     1,395,386.20
  B4          800,000.00         798,031.12      4,322.67        667.58       4,990.25    0.00          0.00       797,363.54
  B5        1,000,424.92         997,962.99      5,405.63        834.83       6,240.46    0.00          0.00       997,128.16
 TOTALS   400,000,129.92     395,008,372.67  2,009,657.34  1,814,263.07   3,823,920.41    0.00     92,019.65   393,286,129.25

  A5        6,808,292.00       6,808,292.00     36,878.25          0.00      36,878.25    0.00          0.00     6,808,292.00
  AX      361,515,966.00     356,654,529.66    111,517.46          0.00     111,517.46    0.00          0.00   354,974,556.71

</TABLE>

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

<PAGE>

               Chase Mortgage Finance Corporation, Series 1999-S1
                         Statement to Certificateholders
                                  May 25, 1999

<TABLE>
<CAPTION>

              FACTOR INFORMATION PER $1000 OF ORIGINAL FACE              PASS-THROUGH RATES
          PRIOR                                          CURRENT                  CURRENT
        PRINCIPAL                                        PRINCIPAL               PASS-THRU
CLASS     FACTOR       INTEREST   PRINCIPAL   TOTAL       FACTOR          CLASS    RATE
<S>     <C>            <C>        <C>        <C>         <C>              <C>   <C>
    A1  1,000.0000000    5.083333  0.000000   5.083333    1,000.0000000     A1  6.100000 %
    A2  1,000.0000000    4.916667  0.000000   4.916667    1,000.0000000     A2  5.900000 %
    A3  1,000.0000000    5.041667  0.000000   5.041667    1,000.0000000     A3  6.050000 %
    A4  1,000.0000000    5.166667  0.000000   5.166667    1,000.0000000     A4  6.200000 %
    A6    980.1944536    5.309387  8.900856  14.210243      971.2935971     A6  6.500000 %
    A7    875.5565892    0.000000 37.575511  37.575511      842.7236761     A7  6.500000 %
    A8  1,000.0000000    5.416667  0.000000   5.416667    1,000.0000000     A8  6.500000 %
    A9    983.5074361    5.327332  5.691297  11.018629      977.8161388     A9  6.500000 %
    A10 1,000.0000000    5.416667  0.000000   5.416667    1,000.0000000     A10 6.500000 %
    A11 1,000.0000000    5.833334  0.000000   5.833334    1,000.0000000     A11 7.000000 %
    A12 1,000.0000000    5.416666  0.000000   5.416666    1,000.0000000     A12 6.500000 %
    A13 1,000.0000000    5.625000  0.000000   5.625000    1,000.0000000     A13 6.750000 %
    A14 1,000.0000000    0.000000  0.000000   0.000000    1,000.0000000     A14 0.000000 %
    A15 1,000.0000000    5.625000  0.000000   5.625000    1,000.0000000     A15 6.750000 %
    A16 1,000.0000000    5.625000  0.000000   5.625000    1,000.0000000     A16 6.750000 %
    A17 1,000.0000000    5.625000  0.000000   5.625000    1,000.0000000     A17 6.750000 %
    A18 1,000.0000000    5.416667  0.000000   5.416667    1,000.0000000     A18 6.500000 %
    A19 1,000.0000000    6.666665  0.000000   6.666665    1,000.0000000     A19 8.000000 %
    A20 1,000.0000000    5.833333  0.000000   5.833333    1,000.0000000     A20 7.000000 %
    A21 1,000.0000000    5.625006  0.000000   5.625006    1,000.0000000     A21 6.750000 %
    A22 1,000.0000000    5.416670  0.000000   5.416670    1,000.0000000     A22 6.500000 %
    A23 1,016.3381900    0.000000  0.000000   0.000000    1,021.8433600     A23 6.500000 %
    AP    996.8255077    0.000000  1.036404   1.036404      995.7891038     AP  0.000000 %
    AR      0.0000000    0.100000  0.000000   0.100000        0.0000000     AR  6.500000 %
    M     997.5388988    5.403336  0.834473   6.237809      996.7044256     M   6.500000 %
    B1    997.5389000    5.403336  0.834472   6.237808      996.7044278     B1  6.500000 %
    B2    997.5389000    5.403338  0.834475   6.237813      996.7044250     B2  6.500000 %
    B3    997.5389000    5.403336  0.834471   6.237807      996.7044286     B3  6.500000 %
    B4    997.5389000    5.403338  0.834475   6.237813      996.7044250     B4  6.500000 %
    B5    997.5391157    5.403334  0.834475   6.237809      996.7046403     B5  6.500000 %
 TOTALS   987.5206109    5.024142  4.535656   9.559798      983.2150038

   A5        1,000.00    5.416667  0.000000   5.416667         1,000.00     A5  6.500000 %
   AX          986.55    0.308472  0.000000   0.308472           981.91     AX  0.375208 %
</TABLE>


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

<PAGE>

               Chase Mortgage Finance Corporation, Series 1999-S1
                         Statement to Certificateholders
                                  May 25, 1999


  IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS
  STATEMENT, PLEASE CONTACT THE ADMINISTRATOR
  LISTED BELOW:

                                  Andrew Cooper
                  The Chase Manhattan Bank - Structured Finance
                                    Services
                         450 W. 33rd Street, 14th Floor,
                            New York, New York 10001
                               Tel: (212) 946-7113
                         Email: [email protected]


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

<PAGE>
               Chase Mortgage Finance Corporation, Series 1999-S1
                                  May 25, 1999

<TABLE>
<CAPTION>

 STATEMENT TO CERTIFICATEHOLDERS

<S>                                                                    <C>
 Sec. 6.02(a)(iii)   Aggregate Amount of Principal
                       Prepayments                                          1,391,755.71

                     Aggregate Amount of Repurchase Proceeds                        0.00

 Sec. 6.02(a)(iv):   Aggregate Servicer Advances                            2,096,268.30

 Sec. 6.02(a)(v):    Number of Outstanding Mortgage
                       Loans                                                    1,252.00

                     Ending Principal Balance of Outstanding Mortgage
                       Loans                                              393,286,129.56

 Sec. 6.02(a)(vi):   Aggregate Amount of Servicing
                       Fees                                                   101,550.07

 Sec. 6.02(a)(vii):  Number and Aggregate Principal
                       Balances of Delinquent Mortgage Loans


                               Group Totals
         Period         Number      Principal Balance     Percentage
         0-30 days      8           1,697,443.53            0.43 %
         31-60 days     2           573,529.37              0.15 %
         61-90 days     1           69,894.64               0.02 %
         91+ days       0           0.00                    0.00 %
         Total          11          2,340,867.54            0.60 %

 Aggregate Principal Balance of Mortgage Loans
 Acquired Through Foreclosure                                                       0.00

                              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                 39,509.32

 Sec. 6.02(a)(x):    Class A Percentage                                            95.71 %

                     Class A Principal Balance                            378,049,787.29

                     Class M Percentage                                             2.17 %

                     Class M Principal Balance                              8,578,834.53

                     Class B Percentage                                             2.12 %

                     Class B Principal Balance                              8,379,750.85

                     NON-PO Class A Percentage                                     95.70 %

                     NON-PO Class A Prepayment Percentage                         100.00 %

                     M Credit Support                                               2.13 %

                     B1 Credit Support                                              1.20 %

                     B2 Credit Support                                              0.80 %

                     B3 Credit Support                                              0.45 %

                     B4 Credit Support                                              0.25 %

 Sec. 6.02(a)(xi):   Aggregate Cummulative Losses
                       Since Cut-Off                                                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-S2
                       Statement to Certificateholders
                                 May 25, 1999

<TABLE>
<CAPTION>

                                          DISTRIBUTION IN DOLLARS

              ORIGINAL          PRIOR                                                                             CURRENT
               FACE           PRINCIPAL                                                    REALIZED  DEFERRED    PRINCIPAL
   CLASS      VALUE            BALANCE          INTEREST        PRINCIPAL      TOTAL        LOSSES   INTEREST     BALANCE
<S>        <C>              <C>               <C>             <C>          <C>             <C>       <C>       <C>
  A1       215,000,000.00     212,773,571.76    1,152,523.51    768,552.81   1,921,076.32    0.00      0.00    212,005,018.95
  A2       126,772,000.00     125,219,609.96      678,272.89    535,877.92   1,214,150.81    0.00      0.00    124,683,732.04
  A3         8,000,000.00       8,000,000.00       43,333.33          0.00      43,333.33    0.00      0.00      8,000,000.00
  A4         3,651,000.00       3,651,000.00       19,776.25          0.00      19,776.25    0.00      0.00      3,651,000.00
  A5         6,008,000.00       6,008,000.00       32,543.33          0.00      32,543.33    0.00      0.00      6,008,000.00
  A6         3,731,000.00       3,731,000.00       20,209.58          0.00      20,209.58    0.00      0.00      3,731,000.00
  A7         5,611,000.00       5,611,000.00       30,392.92          0.00      30,392.92    0.00      0.00      5,611,000.00
  A8         9,581,000.00       9,581,000.00       46,617.55          0.00      46,617.55    0.00      0.00      9,581,000.00
  A9         3,200,000.00       3,200,000.00       17,333.33          0.00      17,333.33    0.00      0.00      3,200,000.00
  A10        1,000,000.00       1,000,000.00        6,666.67          0.00       6,666.67    0.00      0.00      1,000,000.00
  A11        2,948,000.00       2,948,000.00       21,247.86          0.00      21,247.86    0.00      0.00      2,948,000.00
  A12       45,000,000.00      45,000,000.00      243,750.00          0.00     243,750.00    0.00      0.00     45,000,000.00
  AP           374,266.00         373,496.05            0.00        476.05         476.05    0.00      0.00        373,020.00
  AR               100.00               0.00        9,100.54          0.00       9,100.54    0.00      0.00              0.00
   M         9,900,000.00       9,883,967.44       53,538.16      8,119.89      61,658.05    0.00      0.00      9,875,847.55
  B1         4,050,000.00       4,043,441.23       21,901.97      3,321.77      25,223.74    0.00      0.00      4,040,119.46
  B2         1,575,000.00       1,572,449.37        8,517.43      1,291.80       9,809.23    0.00      0.00      1,571,157.57
  B3         1,575,000.00       1,572,449.37        8,517.43      1,291.80       9,809.23    0.00      0.00      1,571,157.57
  B4           900,000.00         898,542.49        4,867.11        738.17       5,605.28    0.00      0.00        897,804.32
  B5         1,125,239.36       1,123,417.09        6,085.18        922.91       7,008.09    0.00      0.00      1,122,494.18
    TOTALS 450,001,605.36     446,190,944.76    2,425,195.04  1,320,593.12   3,745,788.16    0.00      0.00    444,870,351.64

  AX       420,440,757.99     416,687,274.63      128,529.43          0.00     128,529.43    0.00      0.00    415,400,412.00
</TABLE>

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

<PAGE>


                 Chase Mortgage Finance Trust, Series 1999-S2
                       Statement to Certificateholders
                                 May 25, 1999

<TABLE>
<CAPTION>

                     FACTOR INFORMATION PER $1000 OF ORIGINAL FACE


                                                                                                          PASS-THROUGH RATES
                              PRIOR                                                         CURRENT                CURRENT
                             PRINCIPAL                                                     PRINCIPAL              PASS-THRU
 CLASS      CUSIP             FACTOR              INTEREST   PRINCIPAL         Total        FACTOR        CLASS      RATE
<S>       <C>               <C>                   <C>        <C>         <C>              <C>             <C>     <C>
   A1     16162TFL5           989.6445198         5.360574   3.574664         8.935239      986.0698556
   A2     16162TFM3           987.7544723         5.350337   4.227100         9.577437      983.5273723    A1     6.500000 %
   A3     16162TFN1         1,000.0000000         5.416666   0.000000         5.416666    1,000.0000000    A2     6.500000 %
   A4     16162TFP6         1,000.0000000         5.416667   0.000000         5.416667    1,000.0000000    A3     6.500000 %
   A5     16162TFQ4         1,000.0000000         5.416666   0.000000         5.416666    1,000.0000000    A4     6.500000 %
   A6     16162TFR2         1,000.0000000         5.416666   0.000000         5.416666    1,000.0000000    A5     6.500000 %
   A7     16162TFS0         1,000.0000000         5.416667   0.000000         5.416667    1,000.0000000    A6     6.500000 %
   A8     16162TFT8         1,000.0000000         4.865625   0.000000         4.865625    1,000.0000000    A7     5.838750 %
   A9     16162TFU5         1,000.0000000         5.416666   0.000000         5.416666    1,000.0000000    A8     5.838750 %
  A10     16162TFV5         1,000.0000000         6.666670   0.000000         6.666670    1,000.0000000    A9     5.838750 %
  A11     16162TFW1         1,000.0000000         7.207551   0.000000         7.207551    1,000.0000000    A10    8.000000 %
  A12     16162TFX9         1,000.0000000         5.416667   0.000000         5.416667    1,000.0000000    A11    8.649062 %
   AP     16162TFY7           997.9427733         0.000000   1.271956         1.271956      996.6708170    A12    6.500000 %
   AR     16162TFZ4             0.0000000    91,005.400000   0.000000    91,005.400000        0.0000000    AP     0.000000 %
    M     16162TGA8           998.3805495         5.407895   0.820191         6.228086      997.5603586    AR     6.500000 %
   B1     16162TGB6           998.3805506         5.407894   0.820190         6.228084      997.5603605     M     6.500000 %
   B2     16162TGC4           998.3805524         5.407892   0.820190         6.228083      997.5603619    B1     6.500000 %
   B3     16162TGE0           998.3805524         5.407892   0.820190         6.228083      997.5603619    B2     6.500000 %
   B4     16162TGF7           998.3805444         5.407900   0.820189         6.228089      997.5603556    B3     6.500000 %
   B5     16162TGG5           998.3805490         5.407898   0.820190         6.228088      997.5603591    B4     6.500000 %
   TOTALS                     991.5318955         5.389303   2.934641         8.323944      988.5972546    B5     6.500000 %


   AX     16162TGD2                991.07         0.305702   0.000000         0.305702           988.01     AX    0.370146 %
</TABLE>

 IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
                          ADMINISTRATOR LISTED BELOW:

                                Andrew Cooper
            The Chase Manhattan Bank - Structured Finance Services
                       450 W. 33rd Street, 14th Floor,
                           New York, New York 10001
                             Tel: (212) 946-7113
                        Email: [email protected]


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

<PAGE>

                 Chase Mortgage Finance Trust, Series 1999-S2
                                 May 25, 1999


 Sec. 6.02(a)(iii)  Aggregate Amount of Principal Prepayments         954,010.22


                    Aggregate Amount of Repurchase Proceeds                 0.00

 Sec. 6.02(a)(iv)   Aggregate Servicer Advances                     2,232,241.77

 Sec. 6.02(a)(v)    Number of Outstanding Mortgage Loans                   1,439


                    Ending Principal Balance of Outstanding       444,870,352.43
                    Mortgage Loans

 Sec. 6.02(a)(vi)   Aggregate Amount of Servicing Fees                114,262.07


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

                                    Group 1
         Category  Number    Principal Balance     Percentage

         1 Month     9         2,583,857.53          0.58%
         2 Months    0         0.00                  0.00%
         3+Months    0         0.00                  0.00%
         Total       9         2,583,857.53          0.58%

 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                                95.72061 %

                    Class M Percentage                                 2.21519 %

                    Class B Percentage                                 2.06421 %

                    Class A Principal Balance                     427,096,677.77

                    Class M Principal Balance                       9,883,967.44

                    Class B Principal Balance                       9,210,299.55

                    NON-PO Class A Percentage                         95.71702 %

                    NON-PO Class A Prepayment Percentage             100.00000 %

                    M Credit Support                                      2.07 %

                    B1 Credit Support                                     1.16 %

                    B2 Credit Support                                     0.81 %

                    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

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

<PAGE>


                  Chase Mortgage Finance Trust, Series 1999-S3
                         Statement to Certificateholders
                                  May 25, 1999


<TABLE>
<CAPTION>
                                                DISTRIBUTION IN DOLLARS

                ORIGINAL           PRIOR                                                                               CURRENT
                  FACE           PRINCIPAL                                                    REALIZED  DEFERRED      PRINCIPAL
      CLASS      VALUE            BALANCE         INTEREST       PRINCIPAL        TOTAL        LOSSES   INTEREST       BALANCE
<S>          <C>               <C>               <C>           <C>             <C>            <C>       <C>        <C>
       A1    112,065,223.00    111,205,612.45    579,195.90    1,034,906.92    1,614,102.82     0.00      0.00     110,170,705.53
       AP        176,004.00        174,777.03          0.00        9,489.11        9,489.11     0.00      0.00         165,287.92
       AR            100.00              0.00          0.00            0.00            0.00     0.00      0.00               0.00
        M      1,265,014.00      1,256,647.45      6,545.04        4,228.16       10,773.20     0.00      0.00       1,252,419.29
       B1        402,504.00        399,841.92      2,082.51        1,345.32        3,427.83     0.00      0.00         398,496.60
       B2        402,504.00        399,841.92      2,082.51        1,345.32        3,427.83     0.00      0.00         398,496.60
       B3        345,004.00        342,722.22      1,785.01        1,153.13        2,938.14     0.00      0.00         341,569.09
       B4        172,502.00        171,361.11        892.51          576.57        1,469.08     0.00      0.00         170,784.54
       B5        172,505.00        171,364.09        892.52          576.58        1,469.10     0.00      0.00         170,787.51
   TOTALS    115,001,360.00    114,122,168.19    593,476.00    1,053,621.11    1,647,097.11     0.00      0.00     113,068,547.08

       AX    105,726,363.20    104,913,477.70     29,726.73            0.00       29,726.73     0.00      0.00     104,185,066.14

</TABLE>

<TABLE>
<CAPTION>

                                   FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                   PASS-THROUGH RATES
                              PRIOR                                                   CURRENT                 CURRENT
                            PRINCIPAL                                                PRINCIPAL               PASS-THRU
     CLASS      CUSIP        FACTOR        INTEREST      PRINCIPAL      TOTAL         FACTOR        CLASS      RATE
<S>         <C>           <C>            <C>           <C>           <C>          <C>               <C>    <C>
       A1     16162TFE1     992.329372     85.168382      9.234862     14.403245     983.0945103
       AP     16162TFF8     993.028738     00.000000     53.914172     53.914172     939.1145656     A1      6.250000 %
       AR     16162TFG6       0.000000     00.000000      0.000000      0.000000       0.0000000     AP      0.000000 %
        M     16162TFH4     993.386199     75.173887      3.342382      8.516269     990.0438177     AR      6.250000 %
       B1     16162TFJ0     993.386202     45.173886      3.342377      8.516263     990.0438257      M      6.250000 %
       B2     16162TFK7     993.386202     45.173886      3.342377      8.516263     990.0438257     B1      6.250000 %
       B3     16162TGH3     993.386221     65.173882      3.342367      8.516249     990.0438546     B2      6.250000 %
       B4     16162TGJ8     993.386221     65.173911      3.342396      8.516307     990.0438256     B3      6.250000 %
       B5     16162TGK6     993.386220     75.173879      3.342396      8.516275     990.0438248     B4      6.250000 %
    TOTALS                  992.354944     25.160600      9.161814     14.322414     983.1931299     B5      6.250000 %

       AX      N/A          992.3          10.281167      0.000000      0.281167          985.42     AX      0.340014 %
</TABLE>

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

<PAGE>

                  Chase Mortgage Finance Trust, Series 1999-S3
                         Statement to Certificateholders
                                  May 25, 1999

  IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS
  STATEMENT, PLEASE CONTACT THE ADMINISTRATOR
  LISTED BELOW:
                                  Andrew Cooper
                  The Chase Manhattan Bank - Structured Finance
                                    Services
                         450 W. 33rd Street, 14th Floor,
                            New York, New York 10001
                               Tel: (212) 946-7113
                         Email: [email protected]

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

                  Chase Mortgage Finance Trust, Series 1999-S3
                                  May 25, 1999
 Sec. 6.02(a)(iii)  Aggregate Amount of Principal Prepayments         669,621.68

                    Aggregate Amount of Repurchase Proceeds                 0.00

 Sec. 6.02(a)(iv)   Aggregate Servicer Advances                       811,265.42

 Sec. 6.02(a)(v)    Number of Outstanding Mortgage Loans                     362

                    Ending Principal Balance of Outstanding       113,068,547.59
                    Mortgage Loans

 Sec. 6.02(a)(vi)   Aggregate Amount of Servicing Fees                 29,947.56

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

                                  Group Totals
         Category         Number      Principal Balance    Percentage

         1 Month            5           1,721,183.13          1.52%

         2 Months           0           0.00                  0.00%

         3+ Months          0           0.00                  0.00%

         Total              5           1,721,183.13          1.52%

    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    15,613.55

 Sec. 6.02(a)(x) Class A Percentage                                   97.60 %

 Class M Percentage                                                    1.10 %

 Class B Percentage                                                    1.30 %

 Class A Principal Balance                                     111,380,389.48

 Class M Principal Balance                                       1,256,647.45

 Class B Principal Balance                                       1,485,131.26

 NON-PO Class A Percentage                                          97.5938 %

 NON-PO Class A Prepayment Percentage                              100.0000 %

 M Credit Support                                                      1.30 %

 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

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

<PAGE>

                  Chase Mortgage Finance Trust, Series 1999-S4
                         Statement to Certificateholders
                                  May 25, 1999


<TABLE>
<CAPTION>
                                                        DISTRIBUTION IN DOLLARS
             ORIGINAL             PRIOR                                                                                   CURRENT
              FACE              PRINCIPAL                                                        REALIZED  DEFERRED      PRINCIPAL
  CLASS       VALUE              BALANCE          INTEREST        PRINCIPAL          TOTAL        LOSSES   INTEREST       BALANCE
<S>       <C>                <C>                <C>              <C>              <C>            <C>       <C>        <C>
   A1     207,499,900.00     207,004,909.95     1,121,276.60     1,680,886.65     2,802,163.25      0.00     0.00     205,324,023.30
   A2      72,600,000.00      72,396,801.58       392,149.34       689,881.60     1,082,030.94      0.00     0.00      71,706,919.98
   A3      10,000,000.00      10,000,000.00        54,166.67             0.00        54,166.67      0.00     0.00      10,000,000.00
   A4      40,989,000.00      40,989,000.00       222,023.75             0.00       222,023.75      0.00     0.00      40,989,000.00
   A5       3,250,000.00       3,250,000.00        17,604.17             0.00        17,604.17      0.00     0.00       3,250,000.00
   A6       5,500,000.00       5,500,000.00        29,791.67             0.00        29,791.67      0.00     0.00       5,500,000.00
   A7       1,170,000.00       1,170,000.00         6,337.50             0.00         6,337.50      0.00     0.00       1,170,000.00
   A8       4,526,877.00       4,526,877.00        24,520.58             0.00        24,520.58      0.00     0.00       4,526,877.00
   A9       1,300,000.00       1,300,000.00         8,666.67             0.00         8,666.67      0.00     0.00       1,300,000.00
   A10      1,680,000.00       1,680,000.00         9,100.00             0.00         9,100.00      0.00     0.00       1,680,000.00
   A11      2,000,000.00       2,000,000.00        11,666.67             0.00        11,666.67      0.00     0.00       2,000,000.00
   A12      2,000,000.00       2,000,000.00        10,000.00             0.00        10,000.00      0.00     0.00       2,000,000.00
   A13      9,500,000.00       9,405,753.94        50,947.83       319,976.01       370,923.84      0.00     0.00       9,085,777.93
   A15     25,000,000.00      25,000,000.00       130,208.33             0.00       130,208.33      0.00     0.00      25,000,000.00
   A16      5,000,000.00       5,000,000.00        27,083.33             0.00        27,083.33      0.00     0.00       5,000,000.00
   A17     38,363,800.00      38,202,306.21       206,929.16        72,383.22       279,312.38      0.00     0.00      38,129,922.99
   AP         504,519.00         504,052.61             0.00           497.15           497.15      0.00     0.00         503,555.46
   AR             100.00               0.00             0.00             0.00             0.00      0.00     0.00               0.00
   M        9,900,211.00       9,892,235.78        53,582.94         8,042.72        61,625.66      0.00     0.00       9,884,193.06
   B1       4,050,087.00       4,046,824.41        21,920.30         3,290.20        25,210.50      0.00     0.00       4,043,534.21
   B2       1,575,034.00       1,573,765.22         8,524.56         1,279.52         9,804.08      0.00     0.00       1,572,485.70
   B3       1,575,033.00       1,573,764.22         8,524.56         1,279.52         9,804.08      0.00     0.00       1,572,484.70
   B4         900,020.00         899,294.98         4,871.18           731.16         5,602.34      0.00     0.00         898,563.82
   B5       1,125,024.08       1,124,117.81         6,088.97           913.95         7,002.92      0.00     0.00       1,123,203.86
 TOTALS   450,009,605.08     449,039,703.71     2,425,984.78     2,779,161.70     5,205,146.48      0.00     0.00     446,260,542.01


   A14     25,000,000.00       25,000,000.00        5,208.33             0.00         5,208.33      0.00     0.00      25,000,000.00
   AX     419,564,188.06      418,622,507.17      137,838.73             0.00       137,838.73      0.00     0.00     415,873,748.87
</TABLE>

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

<PAGE>

                 Chase Mortgage Finance Trust, Series 1999-S4
                       Statement to Certificateholders
                                 May 25, 1999

                 FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
<TABLE>
<CAPTION>

                                                                                                      PASS-THROUGH RATES
                                 PRIOR                                                  CURRENT                   CURRENT
                               PRINCIPAL                                               PRINCIPAL                 PASS-THRU
  CLASS        CUSIP            BALANCE       INTEREST      PRINCIPAL      TOTAL        FACTOR        CLASS        RATE
<S>         <C>             <C>               <C>          <C>           <C>         <C>              <C>     <C>
      A1     16162TGL4        997.6145046     5.403745      8.100662     13.504408     989.5138422      A1       6,500000 %
      A2     16162TGM2        997.2011237     5.401506      9.502501     14.904007     987.6986223      A2       6.500000 %
      A3     16162TGN0      1,000.0000000     5.416667      0.000000      5.416667   1,000.0000000      A3       6.500000 %
      A4     16162TGP5      1,000.0000000     5.416667      0.000000      5.416667   1,000.0000000      A4       6.500000 %
      A5     16162TGQ3      1,000.0000000     5.416668      0.000000      5.416668   1,000.0000000      A5       6.500000 %
      A6     16162TGR1      1,000.0000000     5.416667      0.000000      5.416667   1,000.0000000      A6       6.500000 %
      A7     16162TGS9      1,000.0000000     5.416667      0.000000      5.416667   1,000.0000000      A7       6.500000 %
      A8     16162TGT7      1,000.0000000     5.416666      0.000000      5.416666   1,000.0000000      A8       6.500000 %
      A9     16162TGU4      1,000.0000000     6.666669      0.000000      6.666669   1,000.0000000      A9       8.000000 %
      A10    16162TGV2      1,000.0000000     5.416667      0.000000      5.416667   1,000.0000000      A10      6.500000 %
      A11    16162TGW0      1,000.0000000     5.833335      0.000000      5.833335   1,000.0000000      A11      7.000000 %
      A12    16162TGX8      1,000.0000000     5.000000      0.000000      5.000000   1,000.0000000      A12      6.000000 %
      A13    16162TGY6        990.0793621     5.362929     33.681685     39.044615     956.3976768      A13      6.500000 %
      A15    16162THA7      1,000.0000000     5.208333      0.000000      5.208333   1,000.0000000      A15      6.250000 %
      A16    16162THB5      1,000.0000000     5.416666      0.000000      5.416666   1,000.0000000      A16      6.500000 %
      A17    16162THC3        995.7904642     5.393865      1.886758      7.280623     993.9037058      A17      6.500000 %
      AP     16162THD1        999.0755750     0.000000      0.985394      0.985394     998.0901809      AP       0.000000 %
      AR     16162THE9          0.0000000     0.000000      0.000000      0.000000       0.0000000      AR       6.500000 %
       M     16162THH2        999.1944394     5.412303      0.812379      6.224681     998.3820607      M        6.500000 %
      B1     16162THF6        999.1944395     5.412303      0.812378      6.224681     998.3820619      B1       6.500000 %
      B2     16162THG4        999.1944428     5.412302      0.812376      6.224678     998.3820667      B2       6.500000 %
      B3     16162THJ8        999.1944423     5.412306      0.812377      6.224682     998.3820656      B3       6.500000 %
      B4     16162THK5        999.1944401     5.412302      0.812382      6.224684     998.3820582      B4       6.500000 %
      B5     16162THL3        999.1944439     5.412302      0.812383      6.224685     998.3820613      B5       6.500000 %
   TOTALS                     997.8447096     5.390962      6.175783     11.566745     991.6689266

     A14     16162TGZ3           1,000.00     0.208333      0.000000      0.208333        1,000.00      A14      0.250000 %
     AX                            997.76     0.328528      0.000000      0.328528          991.20      AX       0.395121 %
</TABLE>

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
                          ADMINISTRATOR LISTED BELOW:

                                Andrew Cooper
            The Chase Manhattan Bank - Structured Finance Services
                       450 W. 33rd Street, 14th Floor,
                           New York, New York 10001
                             Tel: (212) 946-7113
                        Email: [email protected]

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

<PAGE>

                 Chase Mortgage Finance Trust, Series 1999-S4
                                 May 25, 1999


 Sec. 6.02(a)(iii)     Aggregate Amount of Principal Prepayments    2,414,032.19

                       Aggregate Amount of Repurchase Proceeds              0.00

                       Group 1 Amount of Principal Prepayments      2,369,812.96

                       Group 1 Amount of Repurchase Proceeds                0.00

                       Group 2 Amount of Principal Prepayments         41,695.83

                       Group 2 Amount of Repurchase Proceeds                0.00

 Sec. 6.02(a)(iv)      Aggregate Servicer Advances                  2,194,870.17

                       Group 1 Servicer Advances                    2,000,121.21

                       Group 2 Servicer Advances                      194,748.96

 Sec. 6.02(a)(v)       Number of Outstanding Mortgage Loans                1,388


                       Ending Principal Balance of Outstanding    446,260,542.47
                       Mortgage Loans

                       Group 1 Outstanding Mortgage Loans                  1,087

                       Ending Principal Balance of Group 1        406,374,190.42
                       Mortgage Loans

                       Group 2 Outstanding Mortgage Loans                    301

                       Ending Principal Balance of Group 2         39,886,352.05
                       Mortgage Loans

 Sec. 6.02(a)(vi)      Aggregate Amount of Servicing Fees             114,991.59

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

                                Group 1
         Category     Number     Principal Balance      Percentage

         1 Month        11         4,206,661.50            1.04%
         2 Months        0         0.00                    0.00%
         3+Months        0         0.00                    0.00%
         Total          11         4,206,661.50            1.04%

                                Group 2
         Category     Number     Principal Balance      Percentage
         1 Month         1         214,493.80              0.54%
         2 Months        0         0.00                    0.00%
         3+Months        0         0.00                    0.00%
         Total           1         214,493.80              0.54%

                              Group Totals
         Category     Number     Principal Balance      Percentage
         1 Month        12         4,421,155.30            0.99%
         2 Months        0         0.00                    0.00%
         3+ Months       0         0.00                    0.00%
         Total          12         4,421,155.30            0.99%

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

<PAGE>

                 Chase Mortgage Finance Trust, Series 1999-S4
                                 May 25, 1999


    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 Totals
              Number     Principal Balance   Percentage
                0               0.00           0.00 %

 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      0.00

 Sec. 6.02(a)(x)       Class A Percentage                             95.74425 %

                       Class M Percentage                              2.20298 %

                       Class B Percentage                              2.05277 %

                       Class A Principal Balance                  429,929,701.29

                       Class M Principal Balance                    9,892,235.78

                       Class B Principal Balance                    9,217,766.64

                       NON-PO Class A Percentage                      95.73947 %

                       NON-PO Class A Prepayment Percentage          100.00000 %

                       M Credit Support                                   2.05 %

                       B1 Credit Support                                  1.15 %

                       B2 Credit Support                                  0.80 %

                       B3 Credit Support                                  0.45 %

                       B4 Credit Support                                  0.25 %

 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


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


<PAGE>

                 Chase Mortgage Finance Trust, Series 1999-S5
                       Statement to Certificateholders
                                 May 25, 1999


                            DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>

             ORIGINAL            PRIOR                                                                                   CURRENT
              FACE             PRINCIPAL                                                       REALIZED   DEFERRED      PRINCIPAL
  CLASS       VALUE             BALANCE         INTEREST        PRINCIPAL         TOTAL         LOSSES    INTEREST       BALANCE
<S>      <C>               <C>                <C>            <C>             <C>               <C>        <C>        <C>
    A1    86,402,913.00      86,402,913.00     468,015.78       540,079.44    1,008,095.22        0.00      0.00      85,862,833.56
    A2   154,962,609.00     154,962,609.00     839,380.80     1,131,509.81    1,970,890.61        0.00      0.00     153,831,099.19
    A3    14,500,000.00      14,500,000.00      78,541.67             0.00       78,541.67        0.00      0.00      14,500,000.00
    A4    30,151,743.00      30,151,743.00     163,321.94             0.00      163,321.94        0.00      0.00      30,151,743.00
    A5    41,730,000.00      41,730,000.00     226,037.50             0.00      226,037.50        0.00      0.00      41,730,000.00
    A6    13,200,000.00      13,200,000.00      71,500.00       278,514.28      350,014.28        0.00      0.00      12,921,485.72
    A7    24,943,107.00      24,943,107.00     135,108.50             0.00      135,108.50        0.00      0.00      24,943,107.00
    A8    50,575,580.00      50,575,580.00     273,951.06       366,700.90      640,651.96        0.00      0.00      50,208,879.10
    A9     3,151,000.00       3,151,000.00      17,724.38             0.00       17,724.38        0.00      0.00       3,151,000.00
    A10    3,400,000.00       3,400,000.00      19,125.00             0.00       19,125.00        0.00      0.00       3,400,000.00
    A11    1,946,427.00       1,946,427.00      10,948.65             0.00       10,948.65        0.00      0.00       1,946,427.00
    A12    8,497,427.00       8,497,427.00      44,257.43             0.00       44,257.43        0.00      0.00       8,497,427.00
    A13    4,000,000.00       4,000,000.00      21,666.67             0.00       21,666.67        0.00      0.00       4,000,000.00
    A14   40,814,107.00      40,814,107.00     221,076.41       195,246.65      416,323.06        0.00      0.00      40,618,860.35
    AP       488,368.00         488,368.00           0.00           505.07          505.07        0.00      0.00         487,862.93
    M     11,250,314.00      11,250,314.00      60,939.20         9,116.76       70,055.96        0.00      0.00      11,241,197.24
    B1     4,500,126.00       4,500,126.00      24,375.68         3,646.70       28,022.38        0.00      0.00       4,496,479.30
    B2     1,750,049.00       1,750,049.00       9,479.43         1,418.16       10,897.59        0.00      0.00       1,748,630.84
    B3     1,500,042.00       1,500,042.00       8,125.23         1,215.57        9,340.80        0.00      0.00       1,498,826.43
    B4     1,000,028.00       1,000,028.00       5,416.82           810.38        6,227.20        0.00      0.00         999,217.62
    B5     1,250,035.00       1,250,035.00       6,771.02         1,012.97        7,783.99        0.00      0.00       1,249,022.03
    AR           100.00             100.00           0.54           100.00          100.54        0.00      0.00               0.00
  TOTALS 500,013,975.00     500,013,975.00   2,705,763.71     2,529,876.69    5,235,640.40        0.00      0.00     497,484,098.31

    AX             0.00      463,907,359.41    141,037.77             0.00      141,037.77        0.00      0.00     461,415,470.52
</TABLE>

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

<PAGE>

                 Chase Mortgage Finance Trust, Series 1999-S5
                       Statement to Certificateholders
                                 May 25, 1999

<TABLE>
<CAPTION>

                                FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                             PASS-THROUGH RATES
                            PRIOR                                                           CURRENT                   CURRENT
                          PRINCIPAL                                                        PRINCIPAL                 PASS-THRU
  CLASS     CUSIP          FACTOR         INTEREST       PRINCIPAL         TOTAL            FACTOR        CLASS        RATE
<S>       <C>            <C>               <C>          <C>             <C>               <C>            <C>         <C>
   A1     16162THM1      1,000.0000000      5.416667        6.250709        11.667375       993.7492913      A1      6.500000 %
   A2     16162THN9      1,000.0000000      5.416667        7.301825        12.718491       992.6981753      A2      6.500000 %
   A3     16162THP4      1,000.0000000      5.416667        0.000000         5.416667     1,000.0000000      A3      6.500000 %
   A4     16162THQ3      1,000.0000000      5.416667        0.000000         5.416667     1,000.0000000      A4      6.500000 %
   A5     16162THR0      1,000.0000000      5.416667        0.000000         5.416667     1,000.0000000      A5      6.500000 %
   A6     16162THS8      1,000.0000000      5.416667       21.099567        26.516233       978.9004333      A6      6.500000 %
   A7     16162THT6      1,000.0000000      5.416667        0.000000         5.416667     1,000.0000000      A7      6.500000 %
   A8     16162THU3      1,000.0000000      5.416667        7.250553        12.667219       992.7494475      A8      6.500000 %
   A9     16162THV1      1,000.0000000      5.625002        0.000000         5.625002     1,000.0000000      A9      6.750000 %
  A10     16162THW9      1,000.0000000      5.625000        0.000000         5.625000     1,000.0000000      A10     6.750000 %
  A11     16162THX7      1,000.0000000      5.624999        0.000000         5.624999     1,000.0000000      A11     6.750000 %
  A12     16162THY5      1,000.0000000      5.208333        0.000000         5.208333     1,000.0000000      A12     6.250000 %
  A13     16162THZ2      1,000.0000000      5.416668        0.000000         5.416668     1,000.0000000      A13     6.500000 %
  A14     16162TJA5      1,000.0000000      5.416667        4.783803        10.200470       995.2161969      A14     6.500000 %
   AP     16162TJB3      1,000.0000000      0.000000        1.034200         1.034200       998.9658004      AP      0.000000 %
    M     16162TJD9      1,000.0000000      5.416667        0.810356         6.227023       999.1896440       M      6.500000 %
   B1     16162TJE7      1,000.0000000      5.416666        0.810355         6.227021       999.1896449      B1      6.500000 %
   B2     16162TJE7      1,000.0000000      5.416665        0.810354         6.227020       999.1896455      B2      6.500000 %
   B3     16162TJF4      1,000.0000000      5.416668        0.810357         6.227026       999.1896427      B3      6.500000 %
   B4     16162TJH0      1,000.0000000      5.416668        0.810357         6.227026       999.1896427      B4      6.500000 %
   B5     16162TJJ6      1,000.0000000      5.416664        0.810353         6.227018       999.1896467      B5      6.500000 %
   AR     16162TJC1      1,000.0000000      5.400000    1,000.000000     1,005.400000         0.0000000      AR      6.500000 %
 TOTALS                  1,000.0000000      5.411376        5.059612        10.470988       994.9403880
</TABLE>

IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
                          ADMINISTRATOR LISTED BELOW:

                                Andrew Cooper
            The Chase Manhattan Bank - Structured Finance Services
                       450 W. 33rd Street, 14th Floor,
                           New York, New York 10001
                             Tel: (212) 946-7113
                        Email: [email protected]


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

<PAGE>

                 Chase Mortgage Finance Trust, Series 1999-S5
                                 May 25, 1999


 Sec. 6.02(a)(iii)     Aggregate Amount of Principal Prepayments    2,124,651.20

                       Aggregate Amount of Repurchase Proceeds              0.00

                       Group 1 Amount of Principal Prepayments      1,961,265.85

                       Group 1 Amount of Repurchase Proceeds                0.00

                       Group 2 Amount of Principal Prepayments        162,975.24

                       Group 2 Amount of Repurchase Proceeds               0.00

 Sec. 6.02(a)(iv)      Aggregate Servicer Advances                  2,743,791.68

                       Group 1 Servicer Advances                    2,504,669.50

                       Group 2 Servicer Advances                      239,122.18

 Sec. 6.02(a)(v)       Number of Outstanding Mortgage Loans                1,491

                       Ending Principal Balance of Outstanding
                       Mortgage Loans                             497,484,099.32

                       Group 1 Outstanding Mortgage Loans                  1,188

                       Ending Principal Balance of Group 1
                       Mortgage Loans                             454,983,099.29

                       Group 2 Outstanding Mortgage Loans                    303

                       Ending Principal Balance of Group 2
                       Mortgage Loans                              42,501,000.03

 Sec. 6.02(a)(vi)      Aggregate Amount of Servicing Fees             128,045.25


 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            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             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 %


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

<PAGE>

            Chase Mortgage Finance Trust, Series 1999-S5
                            May 25, 1999

    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 Totals
              Number     Principal Balance   Percentage
                0               0.00            0.00 %

 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      0.00


 Sec. 6.02(a)(x)       Class A Percentage                             95.75000 %

                       Class M Percentage                              2.25000 %

                       Class B Percentage                              2.00000 %

                       Class A Principal Balance                  478,763,381.00

                       Class M Principal Balance                   11,250,314.00

                       Class B Principal Balance                   10,000,280.00

                       NON-PO Class A Percentage                      95.74584 %

                       NON-PO Class A Prepayment Percentage          100.00000 %

                       M Credit Support                                   2.00 %

                       B1 Credit Support                                  1.10 %

                       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

                       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

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

<PAGE>

                 Chase Mortgage Finance Trust, Series 1999-S6
                       Statement to Certificateholders
                                 May 25, 1999

<TABLE>
<CAPTION>

                                                   DISTRIBUTION IN DOLLARS
             ORIGINAL           PRIOR                                                                               CURRENT
              FACE            PRINCIPAL                                                   REALIZED   DEFERRED      PRINCIPAL
  CLASS       VALUE            BALANCE         INTEREST       PRINCIPAL          TOTAL     LOSSES    INTEREST       BALANCE
<S>      <C>               <C>              <C>              <C>           <C>            <C>        <C>        <C>
   A1    165,406,000.00    165,406,000.00     861,489.58     820,438.14    1,681,927.72      0.00      0.00      164,585,561.86
   A2      9,330,316.00      9,330,316.00      48,595.40           0.00       48,595.40      0.00      0.00        9,330,316.00
   A3     43,684,004.00     43,684,004.00     227,520.85           0.00      227,520.85      0.00      0.00       43,684,004.00
   AP        392,628.00        392,628.00           0.00       1,398.01        1,398.01      0.00      0.00          391,229.99
   AR            100.00            100.00           0.52         100.00          100.52      0.00      0.00                0.00
    M      3,375,110.00      3,375,110.00      17,578.70      11,109.99       28,688.69      0.00      0.00        3,364,000.01
   B1        675,002.00        675,002.00       3,515.64       2,221.93        5,737.57      0.00      0.00          672,780.07
   B2        787,502.00        787,502.00       4,101.57       2,592.25        6,693.82      0.00      0.00          784,909.75
   B3        675,002.00        675,002.00       3,515.64       2,221.93        5,737.57      0.00      0.00          672,780.07
   B4        337,501.00        337,501.00       1,757.82       1,110.97        2,868.79      0.00      0.00          336,390.03
   B5        337,501.59        337,501.59       1,757.82       1,110.97        2,868.79      0.00      0.00          336,390.62
TOTALS   225,000,666.59    225,000,666.59   1,169,833.54     842,304.19    2,012,137.73      0.00      0.00      224,158,362.40

   AX    199,288,133.52    199,288,133.52      58,860.56           0.00       58,860.56      0.00      0.00      198,536,565.29
</TABLE>

<TABLE>
<CAPTION>

                                  FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
                                                                                                       PASS-THROUGH RATES
                                 PRIOR                                                   CURRENT                CURRENT
                               PRINCIPAL                                                PRINCIPAL               PASS-THRU
  CLASS        CUSIP            BALANCE       INTEREST      PRINCIPAL      TOTAL         FACTOR        CLASS      RATE
<S>       <C>             <C>               <C>          <C>           <C>            <C>              <C>         <C>
   A1     16162TJL1       1,000.0000000     5.208333        4.960147      10.168481     995.0398526      A1     6.250000 %

   A2     16162TJM9       1,000.0000000     5.208334        0.000000       5.208334   1,000.0000000      A2     6.250000 %

   A3     16162TJN7       1,000.0000000     5.208333        0.000000       5.208333   1,000.0000000      A3     6.250000 %

   AP     16162TJP2       1,000.0000000     0.000000        3.560648       3.560648     996.4393523      AP     0.000000 %

   AR     16162TJQ0       1,000.0000000     5.200000    1,000.000000   1,005.200000       0.0000000      AR     6.250000 %

    M     16162TJR8       1,000.0000000     5.208334        3.291742       8.500076     996.7082584      M      6.250000 %

   B1     16162TJS6       1,000.0000000     5.208340        3.291738       8.500079     996.7082616      B1     6.250000 %

   B2     16162TJT4       1,000.0000000     5.208330        3.291738       8.500067     996.7082623      B2     6.250000 %

   B3     16162TJU1       1,000.0000000     5.208340        3.291738       8.500079     996.7082616      B3     6.250000 %

   B4     16162TJV9       1,000.0000000     5.208340        3.291753       8.500093     996.7082468      B4     6.250000 %

   B5     16162TJW7       1,000.0000000     5.208331        3.291747       8.500078     996.7082525      B5     6.250000 %
 TOTALS                   1,000.0000000     5.199245        3.743563       8.942808     996.2564369

   AX                          1,000.00     0.295354        0.000000       0.295354         996.23       AX     0.354424 %
</TABLE>

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

<PAGE>

                 Chase Mortgage Finance Trust, Series 1999-S6
                       Statement to Certificateholders
                                 May 25, 1999


                IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS
                  STATEMENT, PLEASE CONTACT THE ADMINISTRATOR
                                 LISTED BELOW:

                                Andrew Cooper
                The Chase Manhattan Bank - Structured Finance
                                   Services
                       450 W. 33rd Street, 14th Floor,
                           New York, New York 10001
                             Tel: (212) 946-7113
                        Email: [email protected]


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

<PAGE>


                 Chase Mortgage Finance Trust, Series 1999-S6
                                 May 25, 1999


 Sec. 6.02(a)(iii)     Aggregate Amount of Principal Prepayments      101,604.24

                       Aggregate Amount of Repurchase Proceeds              0.00

 Sec. 6.02(a)(iv)      Aggregate Servicer Advances                  1,654,272.67

 Sec. 6.02(a)(v)       Number of Outstanding Mortgage Loans                  718


                       Ending Principal Balance of Outstanding    224,158,363.12
                       Mortgage Loans

 Sec. 6.02(a)(vi)      Aggregate Amount of Servicing Fees              58,856.42

 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                                       0.00

 Sec. 6.02(a)(x)       Class A Percentage                             97.24996 %

                       Class M Percentage                              1.50004 %

                       Class B Percentage                              1.25000 %

                       Class A Principal Balance                  218,813,048.00

                       Class M Principal Balance                    3,375,110.00

                       Class B Principal Balance                    2,812,508.59

                       NON-PO Class A Percentage                      97.24515 %

                       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


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


<PAGE>

             Chase Mortgage Finance Corporation, Series 1999-AS1
                       Statement to Certificateholders
                                 May 25, 1999

<TABLE>
<CAPTION>

                                         DISTRIBUTION IN DOLLARS

            ORIGINAL             PRIOR                                                                              CURRENT
              FACE             PRINCIPAL                                                      REALIZED DEFERRED    PRINCIPAL
     CLASS   VALUE              BALANCE          INTEREST         PRINCIPAL       TOTAL        LOSSES INTEREST      BALANCE
<S>         <C>               <C>                <C>            <C>             <C>           <C>    <C>       <C>
       IA1   14,654,703.00     14,496,122.04      78,520.66       105,062.91      183,583.57   0.00   0.00      14,391,059.13
      IIA1   30,250,000.00     26,213,984.87     141,992.42        28,154.31      170,146.73   0.00   0.00      26,185,830.56
      IIA2    3,087,859.00      3,087,859.00      16,725.90             0.00       16,725.90   0.00   0.00       3,087,859.00
      IIA3    1,000,000.00        878,935.98       4,760.90           844.51        5,605.41   0.00   0.00         878,091.47
      IIIA1  95,342,532.00     93,347,619.45     505,632.94     1,232,393.60    1,738,026.54   0.00   0.00      92,115,225.85
       AP        25,169.00         24,965.71           0.00            68.73           68.73   0.00   0.00          24,896.98
       AR           100.00              0.00           0.00             0.00            0.00   0.00   0.00               0.00
       M      4,786,000.00      4,771,854.72      25,847.55         4,819.25       30,666.80   0.00   0.00       4,767,035.47
       B1     2,316,000.00      2,309,154.93      12,507.92         2,332.09       14,840.01   0.00   0.00       2,306,822.84
       B2     1,235,000.00      1,231,349.90       6,669.81         1,243.58        7,913.39   0.00   0.00       1,230,106.32
       B3       618,000.00        616,173.47       3,337.61           622.29        3,959.90   0.00   0.00         615,551.18
       B4       386,000.00        384,859.15       2,084.65           388.68        2,473.33   0.00   0.00         384,470.47
       B5       694,784.72        692,731.26       3,752.29           699.62        4,451.91   0.00   0.00         692,031.64
   TOTALS   154,396,147.72    148,055,610.48     801,832.65     1,376,629.57    2,178,462.22   0.00   0.00     146,678,980.91

       AX   152,908,229.99    146,577,559.74     107,314.31             0.00      107,314.31   0.00   0.00     145,204,277.46

</TABLE>

<TABLE>
<CAPTION>


                   FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                               PASS-THROUGH RATES
                             PRIOR                                               CURRENT                     CURRENT
                           PRINCIPAL                                             PRINCIPAL                  PASS-THRU
   CLASS     CUSIP          FACTOR        INTEREST    PRINCIPAL      TOTAL        FACTOR           CLASS      RATE
<S>         <C>           <C>             <C>         <C>           <C>         <C>                <C>    <C>
       IA1  16162TER3       989.1788349   5.358052     7.169228     12.527280     982.0096067
       IIA1 16162TES1       866.5780122   4.693964     0.930721      5.624685     865.6472912         IA1 6.500000 %
       IIA2 16162TET9     1,000.0000000   5.416666     0.000000      5.416666   1,000.0000000        IIA1 6.500000 %
       IIA3 16162TEU6       878.9359800   4.760900     0.844510      5.605410     878.0914700        IIA2 6.500000 %
      IIIA1 16162TEV4       979.0763628   5.303330    12.925958     18.229289     966.1504044        IIA3 6.500000 %
       AP   16162TEW2       991.9230005   0.000000     2.730740      2.730740     989.1922603       IIIA1 6.500000 %
       AR   16162TEW2         0.0000000   0.000000     0.000000      0.000000       0.0000000          AP 0.000000 %
       M    16162TEX0       997.0444463   5.400658     1.006947      6.407606     996.0374990          AR 6.500000 %
       B1   16162TEY8       997.0444430   5.400656     1.006947      6.407604     996.0374957           M 6.500000 %
       B2   16162TEZ5       997.0444534   5.400656     1.006947      6.407603     996.0375061          B1 6.500000 %
       B3   16162TFA9       997.0444498   5.400663     1.006942      6.407605     996.0375081          B2 6.500000 %
       B4   16162TFC5       997.0444301   5.400648     1.006943      6.407591     996.0374870          B3 6.500000 %
       B5   16162TFD3       997.0444658   5.400651     1.006959      6.407611     996.0375064          B4 6.500000 %
  TOTALS                    958.9333197   5.193346     8.916217     14.109563     950.0171026          B5 6.500000 %
       AX    N/A                 958.60   0.701822     0.000000      0.701822          949.62          AX 0.878559 %
</TABLE>

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

<PAGE>

               Chase Mortgage Finance Corporation, Series 1999-AS1
                         Statement to Certificateholders
                                  May 25, 1999

         IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE
CONTACT THE ADMINISTRATOR LISTED BELOW:

                                  Andrew Cooper
                  The Chase Manhattan Bank - Structured Finance
                                    Services
                         450 W. 33rd Street, 14th Floor,
                            New York, New York 10001
                               Tel: (212) 946-7113
                         Email: [email protected]


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

<PAGE>

          Chase Mortgage Finance Corporation, Series 1999-AS1
                              May 25, 1999

<TABLE>
<S>                                                                           <C>
 Sec. 6.02(a)(iii)       Aggregate Amount of Principal
                           Prepayments                                              1,227,060.77

                         Aggregate Amount of Repurchase Proceeds                            0.00

                         Group 1 Amount of Principal Prepayments                       58,748.17

                         Group 1 Amount of Repurchase Proceeds                              0.00

                         Group 2 Amount of Principal Prepayments                        6,246.56

                         Group 2 Amount of Repurchase Proceeds                              0.00

                         Group 3 Amount of Principal Prepayments                    1,162,066.04

                         Group 3 Amount of Repurchase Proceeds                              0.00

 Sec. 6.02(a)(iv)        Aggregate Servicer Advances                                  848,937.86

                         Group 1 Servicer Advances                                    106,977.05

                         Group 2 Servicer Advances                                    210,627.17

                         Group 3 Servicer Advances                                    531,333.64

 Sec. 6.02(a)(v)         Number of Outstanding Mortgage
                           Loans                                                           1,212

                         Ending Principal Balance of Outstanding Mortgage         146,678,981.15
                          Loans

                         Group 1 Outstanding Mortgage Loans                                  168

                         Ending Principal Balance of Group 1 Mortgage Loans        15,416,077.57

                         Group 2 Outstanding Mortgage Loans                                   93

                         Ending Principal Balance of Group 2 Mortgage Loans        32,538,809.74

                         Group 3 Outstanding Mortgage Loans                                  951

                         Ending Principal Balance of Group 3 Mortgage Loans        98,724,093.84

 Sec. 6.02(a)(vi)        Aggregate Amount of Servicing
                           Fees                                                        38,728.88

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

                                                Group 1
                          Category   Number     Principal Balance  Percentage
                          1 Month       4         385,609.73       2.50 %
                          2 Months      0         0.00             0.00 %
                          3+Months      0         0.00             0.00 %
                          Total         4         385,609.73       2.50 %


                                                Group 2
                          Category   Number     Principal Balance  Percentage
                          1 Month      2         695,035.27          2.14 %
                          2 Months     0         0.00                0.00 %
                          3+Months     0         0.00                0.00 %
                          Total        2         695,035.27          2.14 %


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

<PAGE>

               Chase Mortgage Finance Corporation, Series 1999-AS1
                                  May 25, 1999

                                    Group 3

                           Category   Number     Principal Balance  Percentage
                           1 Month     5          288,031.83          0.29 %
                           2 Months    1          103,546.70          0.10 %
                           3+Months    0          0.00                0.00 %
                           Total       6          391,578.53          0.39 %

                                          Group Totals
                           Category   Number     Principal Balance  Percentage

                           1 Month     11         1,368,676.83        0.93 %
                           2 Months    1          103,546.70          0.07 %
                           3+ Months   0          0.00                0.00 %
                           Total       12         1,472,223.53        1.00 %

     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
                          0                 0.00           0.00 %

                                       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 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 %



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

<PAGE>

               Chase Mortgage Finance Corporation, Series 1999-AS1
                                  May 25, 1999

<TABLE>
<S>   <C>                    <C>                                               <C>
 Sec. 6.02(a)(ix)            Aggregate Recovered Advances for
                               Current Period                                       11,983.50

 Sec. 6.02(a)(x)             Class A Percentage                                         93.24 %

                             Class M Percentage                                          3.22 %

                             Class B Percentage                                          3.54 %

                             Class A Principal Balance                         138,049,487.05

                             Class M Principal Balance                           4,771,854.72

                             Class B Principal Balance                           5,234,268.71

                             NON-PO Class A Percentage                                93.2405 %

                             NON-PO Class A Prepayment Percentage                    100.0000 %

                             M Credit Support                                            3.54 %

                             B1 Credit Support                                           1.98 %

                             B2 Credit Support                                           1.14 %

                             B3 Credit Support                                           0.73 %

                             B4 Credit Support                                           0.47 %

 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




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