<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): July 22, 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
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(Address of principal executive offices) Zip Code
Registrant's telephone, including area code: (732) 205-0600
Not Applicable
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(Former name and former address, if changed since last report)
<PAGE>
ITEM 5. Other Events
Filing of Collateral Term Sheets
Attached as Exhibit 99.1 are Collateral Term Sheets prepared by Chase
Mortgage Finance Corporation in connection with the offering of Chase Mortgage
Finance Corporation Multi-Class Mortgage Pass-Through Certificates, Series
1999-S11.
<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: July 22, 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>
Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal
----- ---------------- --------------- --------------------
1,250 419,702,496.00 419,702,077.24 335,762.00
Gross WAC Gross Adjustments WA Gross Rate Sched. WAM Actual WAM WALTV WALA
--------- ----------------- ------------- ---------- ---------- ----- ----
7.503 .000 7.502 356.944 356.944 74.090 .001
STATE DISTRIBUTION LOAN AMORTIZATION DISTRIBUTION
------------------ ------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
State Count Balance Percent Actual Months to Maturity Count Balance Percent
- ----- ----- ------- ------- ------------------------- ----- ------- -------
CA 291 114,647,680.00 27.32 1-24 Months (1 Mo-2 Years) 6 2,836,650.00 .68
CT 15 5,517,450.00 1.31 25-48 Months (2-4 Years) 0 .00 .00
FL 94 28,195,840.00 6.72 49-72 Months (4-6 Years) 0 .00 .00
IL 35 11,509,550.00 2.74 73-96 Months (6-8 Years) 0 .00 .00
NJ 63 21,240,300.00 5.06 97-120 Months (8-10 Years) 0 .00 .00
NY 157 57,645,096.00 13.73 121-144 Months (10-12 Years) 0 .00 .00
TX 67 20,989,500.00 5.00 145-168 Months (12-14 Years) 0 .00 .00
Other 528 159,956,661.24 38.11 169-192 Months (14-16 Years) 2 710,000.00 .17
- ------------------------------------------------ 193-216 Months (16-18 Years) 0 .00 .00
TOTAL: 1,250 419,702,077.24 100.00 217-240 Months (18-20 Years) 3 844,000.00 .20
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) 3 484,000.00 .12
313-336 Months (26-28 Years) 0 .00 .00
Doc Type Count Balance Percent 337+ Months (28+ Years) 1236 414,827,427.24 98.84
- ------- ----- ------- ------- -----------------------------------------------------------------
FULL 1052 376,457,797.24 89.70 TOTAL: 1,250 419,702,077.24 100.00
NIV 198 43,244,280.00 10.30
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: 1,250 419,702,077.24 100.00 ---------------- ----- ------- -------
0 Months Old 1249 419,421,246.00 99.93
PROPERTY TYPE DISTRIBUTION 1 Month Old 0 .00 .00
-------------------------- 2 Months Old 1 280,831.24 .07
3 Months Old 0 .00 .00
Property Type Count Balance Percent 4 Months Old 0 .00 .00
- ------------- ----- ------- ------- 5 Months Old 0 .00 .00
Single Family 1010 337,486,297.24 80.41 6 Months Old 0 .00 .00
Multi Family 19 7,351,250.00 1.75 7 Months Old 0 .00 .00
COOP 18 5,421,975.00 1.29 8 Months Old 0 .00 .00
PUD 138 47,964,605.00 11.43 9 Months Old 0 .00 .00
10 Months Old 0 .00 .00
Condo -High Rise 0 .00 .00 11 Months Old 0 .00 .00
-Low Rise 0 .00 .00 12 Months Old 0 .00 .00
-Condotels 0 .00 .00 1-2 Years (13-24 Months Old) 0 .00 .00
-Unknown 34 9,278,300.00 2.21 2-3 Years (25-36 Months Old) 0 .00 .00
3-4 Years (37-48 Months Old) 0 .00 .00
Manufac. House 0 0 0 4-6 Years (49-72 Months Old) 0 .00 .00
Other 31 12,199,650.00 2.91 6-8 Years (73-96 Months Old) 0 .00 .00
- ------------------------------------------------ 8-10 Years (97-120 Months Old) 0 .00 .00
TOTAL: 1,250 419,702,077.24 100.00 10+ Years (121+ Months Old) 0 .00 .00
--------------------------------------------------------------------
OCCUPANCY DISTRIBUTION TOTAL: 1,250 419,702,077.24 100.00
----------------------
Occupany Count Balance Percent
- -------- ----- ------- -------
None 6 2,836,650.00 .68
Primary 1209 404,709,277.24 96.43
Vacation 35 12,156,150.00 2.90
Investor 0 .00 .00
Other 0 .00 .00
- ------------------------------------------------
TOTAL: 1,250 419,702,077.24 100.00
PURPOSE DISTRIBUTION
--------------------
Purpose Count Balance Percent
- ------- ----- ------- -------
Cash Out Refi 196 62,490,681.24 14.89
Purchase 815 282,813,410.00 67.38
Rate Term Refi 239 74,397,986.00 17.73
Other 0 .00 .00
- ------------------------------------------------
TOTAL: 1,250 419,702,077.24 100.00
</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, IN ANY.
<PAGE>
Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal
----- ---------------- --------------- --------------------
1,250 419,702,496.00 419,702,077.24 335,762.00
LTV DISTRIBUTION ORIGINAL BALANCE DISTRIBUTION
---------------- -----------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
LTV Count Balance Percent Count Balance Percent
- --- ----- ------- ------- ----- ------- -------
0-50.00 70 24,067,800.00 5.73 0-50,000.00 9 373,650.00 .09
50.01-60.00 63 26,034,265.00 6.20 50,000.01-100,000.00 61 4,823,200.00 1.15
60.01-70.00 154 52,712,630.00 12.56 100,000.01-150,000.00 95 12,000,710.00 2.86
70.01-75.00 197 72,506,606.24 17.28 150,000.01-200,000.00 69 12,077,600.00 2.88
75.01-80.00 599 197,328,591.00 47.02 200,000.01-225,000.00 26 5,542,350.00 1.32
80.01-85.00 20 7,134,650.00 1.70 225,000.01-227,150.00 1 226,000.00 .05
85.01-90.00 81 24,865,760.00 5.92 227,150.01-350,000.00 563 164,007,687.24 39.08
90.01-95.00 62 14,175,725.00 3.38 350,000.01-400,000.00 140 52,673,600.00 12.55
95.01-100.00 2 421,250.00 .10 400,000.01-500,000.00 115 51,755,330.00 12.33
100.01+ 2 454,800.00 .11 500,000.01-650,000.00 117 68,152,050.00 16.24
- ------------------------------------------------- 650,000.01-1,000,000.00 49 41,127,400.00 9.80
TOTAL: 1,250 419,702,077.24 100.00 1,000,000.01+ 5 6,942,500.00 1.65
---------------------------------------------------------------------
TOTAL: 1,250 419,702,077.24 100.00
NOTE RATE DISTRIBUTION
----------------------
Note Gross WA Gross Note Gross WA Gross
- ---- ----- -------- ---- ------ --------
Rate Adjmts Rate Cnt Balance Percent Rate Adjmts Rate Cnt Balance Percent
- ---- ------ ---- --- ------- ------- ---- ------ ---- --- ------- -------
<5.750 .0000 .0000 0 .00 .00 9.375 .0000 .0000 0 .00 .00
5.750 .0000 .0000 0 .00 .00 9.500 .0000 .0000 0 .00 .00
5.875 .0000 .0000 0 .00 .00 9.625 .0000 .0000 0 .00 .00
6.000 .0000 .0000 0 .00 .00 9.750 .0000 .0000 0 .00 .00
6.125 .0000 .0000 0 .00 .00 9.875 .0000 .0000 0 .00 .00
6.250 .0000 .0000 0 .00 .00 10.000 .0000 .0000 0 .00 .00
6.375 .0000 .0000 0 .00 .00 10.125 .0000 .0000 0 .00 .00
6.500 .0000 6.5000 4 1,326,800.00 .32 10.250 .0000 .0000 0 .00 .00
6.625 .0000 6.6250 2 432,000.00 .10 10.375 .0000 .0000 0 .00 .00
6.750 .0000 6.7500 18 7,193,870.00 1.71 10.500 .0000 .0000 0 .00 .00
6.875 .0000 6.8750 37 13,013,350.00 3.10 10.625 .0000 .0000 0 .00 .00
7.000 .0000 7.0000 38 13,981,510.00 3.33 10.750 .0000 .0000 0 .00 .00
7.125 .0000 7.1250 64 23,100,650.00 5.50 10.875 .0000 .0000 0 .00 .00
7.250 .0000 7.2500 155 60,069,270.00 14.31 11.000 .0000 .0000 0 .00 .00
7.375 .0000 7.3750 172 59,581,116.00 14.20 11.125 .0000 .0000 0 .00 .00
7.500 .0000 7.5000 187 65,125,931.24 15.52 11.250 .0000 .0000 0 .00 .00
7.625 .0000 7.6250 167 54,161,520.00 12.90 11.375 .0000 .0000 0 .00 .00
7.750 .0000 7.7500 157 50,660,650.00 12.07 11.500 .0000 .0000 0 .00 .00
7.875 .0000 7.8750 121 38,158,260.00 9.09 11.625 .0000 .0000 0 .00 .00
8.000 .0073 7.9927 71 18,553,000.00 4.42 11.750 .0000 .0000 0 .00 .00
8.125 .0000 8.1250 18 5,194,300.00 1.24 11.875 .0000 .0000 0 .00 .00
8.250 .0000 8.2500 14 3,657,600.00 .87 12.000 .0000 .0000 0 .00 .00
8.375 .0000 8.3750 13 3,207,350.00 .76 12.125 .0000 .0000 0 .00 .00
8.500 .0000 8.5000 6 683,400.00 .16 12.250 .0000 .0000 0 .00 .00
8.625 .0000 8.6250 2 438,750.00 .10 12.375 .0000 .0000 0 .00 .00
8.750 .0000 8.7500 3 1,062,750.00 .25 12.500 .0000 .0000 0 .00 .00
8.875 .0000 .0000 0 .00 .00 12.625 .0000 .0000 0 .00 .00
9.000 .0000 9.0000 1 100,000.00 .02 12.750 .0000 .0000 0 .00 .00
9.125 .0000 .0000 0 .00 .00 12.875 .0000 .0000 0 .00 .00
9.250 .0000 .0000 0 .00 .00 >12.875 .0000 .0000 0 .00 .00
Other: WAC 0 .0000 .0000 0 .00 .00
--------------------------------------------------------------------
TOTAL: 1,250 419,702,077.24 100.00
</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, IN ANY.
<PAGE>
Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal
----- ---------------- --------------- --------------------
1,250 419,702,496.00 419,702,077.24 335,762.00
<S> <C> <C> <C> <C> <C> <C>
FICO CREDIT SCORES UNINSURED LOANS (NO MI) BY LTV
------------------ ------------------------------
FICOScore Count Balance Percent LTV Count Balance Percent
- --------- ----- ------ ------- --- ----- ------- -------
0-1/Unknown 481 155,989,470.00 37.17 <80.01 1,083 372,649,892.24 88.79
2 -500 0 .00 .00 80.01-85.00 18 6,603,400.00 1.57
500.01-600 9 2,796,700.00 .67 85.01-90.00 76 23,149,360.00 5.52
600.01-620 21 6,136,350.00 1.46 90.01-95.00 58 13,023,675.00 3.10
620.01-640 45 13,078,281.24 3.12 95.01-100.00 2 421,250.00 .10
640.01-660 44 16,823,900.00 4.01 100.01+ 2 454,800.00 .11
660.01-680 90 27,682,235.00 6.60 -------------------------------------------------------
680.01-700 96 33,101,211.00 7.89 AGG UNINSURED 1,239 416,302,377.24 99.19
700.01-720 80 25,628,885.00 6.11 AGG INSURED 11 3,399,700.00 .81
720.01-740 105 36,367,550.00 8.67 -------------------------------------------------------
740.01-760 127 44,566,550.00 10.62 TOTAL 1,250 419,702,077.24 100.00
760.01-780 118 46,225,025.00 11.01
780.01-800 33 10,805,920.00 2.57 INTL/DOMESTIC BORROWERS DISTRIBUTION
800.01-820 1 500,000.00 .12 ------------------------------------
820+ 0 .00 .00
- ------------------------------------------------- Int'l/Domes Count Balance Percent
TOTAL 1,250 419,702,077.24 100.00 ----------- ----- ------- -------
Max Score: 809 Min Score: 535 International 0 .00 .00
Wtd Avg. Score (FICO > 1): 716 Domestic 1,250 419,702,077.24 100.00
---------------------------------------------------
TOTAL: 1,250 419,704,077.24 100.00
FULL STATE DISTRIBUTION
-----------------------
State Count Balance Percent State Count Balance Percent
- ----- ----- ------- ------- ----- ----- ------- -------
AL 1 84,800.00 .02 NC 17 4,682,050.00 1.12
AR 0 .00 .00 ND 0 .00 .00
AZ 16 5,887,300.00 1.40 NE 0 .00 .00
CA 291 114,647,680.00 27.32 NH 3 969,300.00 .23
CO 28 8,912,265.00 2.12 NJ 63 21,240,300.00 5.06
CT 15 5,517,450.00 1.31 NM 4 1,208,250.00 .29
DC 7 2,531,000.00 .60 NV 10 3,306,300.00 .79
DE 6 1,439,650.00 .34 NY 157 57,645,096.00 13.73
FL 94 28,195,840.00 6.72 OH 6 919,300.00 .22
GA 47 15,750,625.00 3.75 OK 6 1,497,400.00 .36
HI 1 286,100.00 .07 OR 19 6,623,100.00 1.58
IA 0 .00 .00 PA 51 14,220,610.00 3.39
ID 1 427,500.00 .10 RI 2 335,000.00 .08
IL 35 11,509,550.00 2.74 SC 13 2,035,050.00 .48
IN 2 734,400.00 .17 SD 0 .00 .00
KS 0 .00 .00 TN 3 1,445,950.00 .34
KY 2 377,000.00 .09 TX 67 20,989,500.00 5.00
LA 11 3,683,350.00 .88 UT 10 2,925,900.00 .70
MA 26 9,195,800.00 2.19 VA 70 21,608,820.00 5.15
MD 48 15,327,960.00 3.65 VT 0 .00 .00
ME 1 289,000.00 .07 WA 68 21,343,581.24 5.09
MI 22 3,398,350.00 .81 WI 1 111,150.00 .03
MN 8 2,617,700.00 .62 WV 0 .00 .00
MO 8 1,602,450.00 .38 WY 0 .00 .00
MS 1 300,000.00 .07 UNKNOWN 8 3,479,650.00 .83
MT 1 400,000.00 .10 ----------------------------------------------
TOTAL: 1,250 419,702,077.24 100.00
</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, IN ANY.
