<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): May 26, 1999
------------
Chase Mortgage Finance Corporation
-----------------------------------------------
(Exact name of registrant specified in Charter)
Delaware 333-56081 52-1495132
--------------- ------------ -------------------
(State or other (Commission (IRS Employee
jurisdiction of File Number) Identification No.)
incorporation)
343 Thornall Street
Edison, NJ 08837
---------------------------------------- --------
(Address of principal executive offices) Zip Code
Registrant's telephone, including area code: (732) 205-0600
-------------------------------------------------------------
(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-S8.
<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
May 26, 1999
By: /s/ Eileen A. Lindblom
-----------------------
Name: Eileen A. Lindblom
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
Exhibit No. Description
- ----------- -----------
(99.1) Collateral Term Sheets
<PAGE>
Current Page 1
Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal
----- ---------------- --------------- --------------------
1,954 625,000,000 332,682.62
Gross WAC Gross Adjustments WA Gross Rate Sched. WAM Actual WAM WALTV WALA
--------- ----------------- ------------- ---------- ---------- ----- ----
7.238 .001 7.237 359.571 359.506 74.311 .036
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 651 249,777,848.88 37.85 1-24 Months (1 Mo-2 Years) 0 .00 .00
CT 33 12,077,188.58 1.83 25-48 Months (2-4 Years) 0 .00 .00
FL 132 37,713,358.14 5.71 49-72 Months (4-6 Years) 0 .00 .00
IL 54 14,795,462.50 2.24 73-96 Months (6-8 Years) 0 .00 .00
NJ 69 21,260,111.82 3.22 97-120 Months (8-10 Years) 0 .00 .00
NY 172 64,200,413.44 9.73 121-144 Months (10-12 Years) 0 .00 .00
TX 101 30,273,761.43 4.59 145-168 Months (12-14 Years) 0 .00 .00
Other 772 229,891,143.56 34.83 169-192 Months (14-16 Years) 1 375,000.00 .06
- ------------------------------------------------ 193-216 Months (16-18 Years) 0 .00 .00
TOTAL: 1984 659,989,265.35 100.00 217-240 Months (18-20 Years) 5 1,155,850.00 .15
241-264 Months (20-22 Years) 0 .00 .00
DOC TYPE DISTRIBUTION 265-288 Months (22-24 Years) 0 .00 .00
--------------------- 289-312 Months (24-26 Years) 2 773,500.00 .12
313-336 Months (26-28 Years) 0 .00 .00
Doc Type Count Balance Percent 337+ Months (28+ Years) 1975 657,684,938.35 99.65
- ------- ----- ------- ------- -----------------------------------------------------------------
FULL 1631 570,964,879.13 86.51 TOTAL: 1984 659,989,288.35 100.00
NIV 353 89,024,409.22 13.49
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: 1984 659,989,288.35 100.00 ---------------- ----- ------- -------
0 Months Old 1666 555,263,760.00 84.13
PROPERTY TYPE DISTRIBUTION 1 Month Old 292 97,446,347.05 14.76
-------------------------- 2 Months Old 10 2,933,209.57 .44
3 Months Old 8 2,394,369.05 .36
Property Type Count Balance Percent 4 Months Old 3 779,360.38 .12
- ------------- ----- ------- ------- 5 Months Old 1 265,012.50 .04
Single Family 1444 483,450,622.00 73.25 6 Months Old 2 432,857.15 .07
Multi Family 28 10,706,599.49 1.62 7 Months Old 1 408,966.28 .06
COOP 25 8,274,264.48 1.25 8 Months Old 0 .00 .00
PUD 384 124,428,547.07 18.85 9 Months Old 0 .00 .00
Condo -High Rise 0 .00 .00 10 Months Old 0 .00 .00
-Low Rise 0 .00 .00 11 Months Old 0 .00 .00
-Condotels 0 .00 .00 12 Months Old 1 65,406.36 .01
-Unknown 80 23,639,005.31 3.58 1-2 Years (13-24 Months Old) 0 .00 .00
2-3 Years (25-36 Months Old) 0 .00 .00
Manufac. House 0 0 0 3-4 Years (37-48 Months Old) 0 .00 .00
Other 23 9,490,250.00 1.44 4-6 Years (49-72 Months Old) 0 .00 .00
- ------------------------------------------------ 6-8 Years (73-96 Months Old) 0 .00 .00
TOTAL: 1984 659,989,288.35 100.00 8-10 Years (97-120 Months Old) 0 .00 .00
10+ Years (121+ Months Old) 0 .00 .00
OCCUPANCY DISTRIBUTION --------------------------------------------------------------------
---------------------- TOTAL: 1984 659,989,288.35 100.00
Occupany Count Balance Percent
- -------- ----- ------- -------
None 0 .00 .00
Primary 1919 638,923,824.30 96.81
Vacation 65 21,065,464.05 3.19
Investor 0 .00 .00
Other 0 .00 .00
- ------------------------------------------------
TOTAL: 1984 659,989,288.35 100.00
PURPOSE DISTRIBUTION
--------------------
Purpose Count Balance Percent
- ------- ----- ------- -------
Cash Out Refl 507 171,733,175.48 26.02
Purchase 952 318,764,020.65 48.30
Rate Term Refl 525 169,492,092.22 25.68
Other 0 .00 .00
- ------------------------------------------------
TOTAL: 1984 659,989,288.35 100.00
</TABLE>
THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.
<PAGE>
Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal
----- ---------------- --------------- --------------------
1,984 625,000,000 332,682.62
LTV DISTRIBUTION ORIGINAL BALANCE DISTRIBUTION
---------------- -----------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
LTV Count Balance Percent Count Balance Percent
- --- ----- ------- ------- ----- ------- -------
0-50.00 96 32,805,128.27 4.97 0-50,000.00 13 537,250.00 .08
50.01-60.00 102 36,187,597.04 5.48 50,000.01-100,000.00 122 9,870,033.12 1.50
60.01-70.00 267 89,398,354.05 13.55 100,000.01-150,000.00 147 18,659,913.39 2.83
70.01-75.00 345 130,997,295.47 19.85 150,000.01-200,000.00 99 17,623,923.06 2.67
75.01-80.00 956 314,948,932.67 47.72 200,000.01-225,000.00 45 9,629,982.60 1.46
80.01-85.00 26 7,934,682.60 1.20 225,000.01-227,150.00 2 450,215.41 .07
85.01-90.00 82 25,682,839.10 3.89 227,150.01-350,000.00 817 236,972,464.24 35.91
90.01-95.00 107 21,509,309.15 3.26 350,000.01-400,000.00 227 85,537,968.77 12.96
95.01-100.00 1 114,950.00 .02 400,000.01-500,000.00 270 122,535,868.81 18.57
100.01+ 2 410,200.00 .06 500,000.01-650,000.00 176 102,613,208.74 15.55
- ------------------------------------------------- 650,000.01-1,000,000.00 64 53,369,960.21 8.09
TOTAL: 1984 659,989,288.35 100.00 1,000,000.01+ 2 2,188,500.00 .33
---------------------------------------------------------------------
TOTAL: 1984 659,989,288.35 100.00
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 6.3750 1 198,400.00 .03 10.125 .0000 .0000 0 .00 .00
6.500 .0000 6.5000 7 2,301,386.19 .35 10.250 .0000 .0000 0 .00 .00
6.625 .0000 6.6250 15 5,584,356.63 .85 10.375 .0000 .0000 0 .00 .00
6.750 .0000 6.7500 54 18,391,993.05 2.79 10.500 .0000 .0000 0 .00 .00
6.875 .0000 6.8750 127 43,249,604.32 6.55 10.625 .0000 .0000 0 .00 .00
7.000 .0000 7.0000 275 94,153,885.99 14.27 10.750 .0000 .0000 0 .00 .00
7.125 .0000 7.1250 325 110,082,340.69 16.68 10.875 .0000 .0000 0 .00 .00
7.250 .0000 7.2500 428 150,998,960.55 22.88 11.000 .0000 .0000 0 .00 .00
7.375 .0000 7.3750 314 111,914,720.52 16.96 11.125 .0000 .0000 0 .00 .00
7.500 .0000 7.5000 215 66,616,722.97 10.09 11.250 .0000 .0000 0 .00 .00
7.625 .0000 7.6250 82 21,298,680.06 3.23 11.375 .0000 .0000 0 .00 .00
7.750 .0057 7.7443 71 19,739,272.60 2.99 11.500 .0000 .0000 0 .00 .00
7.875 .0172 7.8578 39 8,871,410.94 1.34 11.625 .0000 .0000 0 .00 .00
8.000 .0000 8.0000 15 2,472,550.00 .37 11.750 .0000 .0000 0 .00 .00
8.125 .0000 .0000 0 .00 .00 11.875 .0000 .0000 0 .00 .00
8.250 .0000 8.2500 7 2,037,050.00 .31 12.000 .0000 .0000 0 .00 .00
8.375 .2295 8.1455 4 953,070.04 .14 12.125 .0000 .0000 0 .00 .00
8.500 .0000 8.5000 3 883,600.00 .13 12.250 .0000 .0000 0 .00 .00
8.625 .0000 .0000 0 .00 .00 12.375 .0000 .0000 0 .00 .00
8.750 .0000 .0000 0 .00 .00 12.500 .0000 .0000 0 .00 .00
8.875 .0000 .0000 0 .00 .00 12.625 .0000 .0000 0 .00 .00
9.000 .0000 .0000 0 .00 .00 12.750 .0000 .0000 0 .00 .00
9.125 .0000 .0000 0 .00 .00 12.875 .0000 .0000 0 .00 .00
9.250 .0000 .0000 0 .00 .00 >12.875 .0000 .0000 0 .00 .00
Other: WAC 7.675 .0000 7.6750 1 261,263.80 .04
---------------------------------------------------------------------
TOTAL: 1984 659,989,288.35 100.00
</TABLE>
THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.
<PAGE>
Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal
----- ---------------- --------------- --------------------
1,984 625,000,000 332,682.62
<S> <C> <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 195 54,855,036.49 9.83 <80.01 1,764 603,694,107.50 91.47
2 -500 8 2,265,500.00 .34 80.01-85.00 7 1,988,500.00 .30
500.01-600 21 6,021,814.47 .91 85.01-90.00 16 4,842,250.00 .73
600.01-620 44 12,307,717.92 1.86 90.01-95.00 21 4,411,850.00 .67
620.01-640 105 31,264,080.34 4.74 95.01-100.00 0 .00 .00
640.01-660 175 52,437,610.27 7.95 100.01+ 1 112,500.00 .02
660.01-680 181 55,841,159.53 8.46 ----------------------------------------------------
680.01-700 219 74,744,374.95 11.33 AGG UNINSURED 1,809 615,049,207.50 93.19
700.01-720 210 70,310,448.52 10.65 AGG INSURED 175 44,940,080.85 6.81
720.01-740 239 86,254,486.39 13.07 ----------------------------------------------------
740.01-760 299 105,138,804.62 15.93 TOTAL 1,984 659,989,288.35 100.00
760.01-780 193 67,089,710.51 10.17
780.01-800 86 29,033,559.54 4.40 INTL/DOMESTIC BORROWERS DISTRIBUTION
800.01-820 8 2,299,584.80 .35 ------------------------------------
820+ 1 125,400.00 .02
- ------------------------------------------------- Int'l/Domes Count Balance Percent
TOTAL 1984 659,989,288.35 100.00 ----------- ----- ------- -------
Max Score: 950 Min Score: 6 International 0 .00 .00
Wtd Avg. Score (FICO > 1): 710 Domestic 1,984 659,989,288.35 100.00
---------------------------------------------------
TOTAL: 1,984 659,989,288.35 100.00
FULL STATE DISTRIBUTION
-----------------------
State Count Balance Percent State Count Balance Percent
- ----- ----- ------- ------- ----- ----- ------- -------
AL 6 1,995,200.00 .30 NC 35 8,737,811.06 1.32
AR 0 .00 .00 ND 0 .00 .00
AZ 34 11,025,802.00 1.67 NE 0 .00 .00
CA 651 249,777,848.88 37.85 NH 3 874,800.00 .13
CO 31 12,498,153.89 1.89 NJ 69 21,260,111.82 3.22
CT 33 12,077,188.58 1.83 NM 10 3,713,441.69 .56
DC 5 2,205,000.00 .33 NV 17 6,346,874.76 .96
DE 6 1,495,432.00 .23 NY 172 64,200,413.44 9.73
FL 132 37,713,358.14 5.71 OH 21 3,785,976.17 .57
GA 72 20,608,406.42 3.12 OK 4 648,500.00 .10
HI 3 1,577,500.00 .24 OR 13 3,555,932.50 .54
IA 2 610,250.00 .09 PA 46 14,049,861.00 2.13
ID 2 617,600.00 .09 RI 7 2,149,000.00 .33
IL 54 14,795,462.50 2.24 SC 16 3,831,300.00 .58
IN 7 1,939,750.00 .29 SD 0 .00 .00
KS 7 1,701,150.00 .26 TN 11 2,542,429.79 .39
KY 7 1,714,975.00 .26 TX 101 30,273,761.43 4.59
LA 4 1,258,764.30 .19 UT 7 2,343,247.67 .39
MA 37 14,032,951.24 2.13 VA 83 24,967,033.95 3.78
MD 71 22,567,281.89 3.42 VT 2 1,095,000.00 .17
ME 0 .00 .00 WA 85 26,329,386.26 3.99
MI 70 16,647,455.72 2.52 WI 2 1,078,500.00 .16
MN 23 6,661,762.11 1.01 WV 2 352,980.01 .05
MO 15 2,619,584.13 .40 WY 2 791,200.00 .12
MS 1 116,350.00 .02 UNKNOWN 1 72,000.00 .01
MT 2 732,500.00 .11 ----------------------------------------------
TOTAL: 1984 659,989,288.35 100.00
</TABLE>
THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.
