<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 25, 1999
CHASE MORTGAGE FINANCE CORPORATION
--------------------------------------
(Exact Name of Registrant)
New York 333-56081 52-1495132
- ------------------------------ ----------------------- ------------------
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
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 June 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, Series 1999-S7, Series 1999-AS1 and Series
1999-AS2 contemplated by the applicable Pooling and Servicing Agreements for
such Series (collectively, the "Pooling and Servicing Agreements").
Copies of the Certificateholders' Report 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 June 25,
1999 distribution
<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: July 9, 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>
INDEX TO EXHIBITS
-----------------
Exhibit No. Description
- ----------- -----------
20.1 Monthly Reports with respect to the
distribution to certificateholders on June
25, 1999.
<PAGE>
Chase Mortgage Finance Corporation, Series 1999-S1
Statement to Certificateholders
June 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 86,632,589.81 469,259.86 895,869.19 1,365,129.05 0.00 0.00 85,736,720.62
A7 18,242,000.00 15,372,965.30 0.00 1,280,148.13 1,280,148.13 0.00 83,270.23 14,176,087.40
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 54,986,512.75 297,843.61 481,501.91 779,345.52 0.00 0.00 54,505,010.84
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 1,021,843.36 0.00 0.00 0.00 0.00 5,534.98 1,027,378.34
AP 661,605.00 658,819.05 0.00 1,213.45 1,213.45 0.00 0.00 657,605.60
AR 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
M 8,600,000.00 8,571,658.06 46,429.81 7,230.20 53,660.01 0.00 0.00 8,564,427.86
B1 3,600,000.00 3,588,135.94 19,435.74 3,026.60 22,462.34 0.00 0.00 3,585,109.34
B2 1,600,000.00 1,594,727.08 8,638.11 1,345.15 9,983.26 0.00 0.00 1,593,381.93
B3 1,400,000.00 1,395,386.20 7,558.34 1,177.01 8,735.35 0.00 0.00 1,394,209.19
B4 800,000.00 797,363.54 4,319.05 672.58 4,991.63 0.00 0.00 796,690.96
B5 1,000,424.92 997,128.16 5,401.11 841.08 6,242.19 0.00 0.00 996,287.08
-------------- -------------- ------------ ------------ ------------ ---- --------- --------------
TOTALS 400,000,129.92 393,286,129.25 2,003,546.65 2,673,025.30 4,676,571.95 0.00 88,805.21 390,701,909.16
-------------- -------------- ------------ ------------ ------------ ---- --------- --------------
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 361,515,966.00 354,974,556.71 111,124.78 0.00 111,124.78 0.00 0.00 352,491,663.69
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Corporation, Series 1999-S1
Statement to Certificateholders
June 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 971.2935971 5.261174 10.044165 15.305338 961.2494324 A6 6.500000%
A7 842.7236761 0.000000 70.175865 70.175865 777.1125644 A7 6.500000%
A8 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A8 6.500000%
A9 977.8161388 5.296504 8.562470 13.858974 969.2536693 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 1,021.8433600 0.000000 0.000000 0.000000 1,027.3783400 A23 6.500000%
AP 995.7891038 0.000000 1.834100 1.834100 993.9550034 AP 0.000000%
AR 0.0000000 0.000000 0.000000 0.000000 0.0000000 AR 6.500000%
M 996.7044256 5.398815 0.840721 6.239536 995.8637047 M 6.500000%
B1 996.7044278 5.398817 0.840722 6.239539 995.8637056 B1 6.500000%
B2 996.7044250 5.398819 0.840719 6.239538 995.8637063 B2 6.500000%
B3 996.7044286 5.398814 0.840721 6.239536 995.8637071 B3 6.500000%
B4 996.7044250 5.398813 0.840725 6.239538 995.8637000 B4 6.500000%
B5 996.7046403 5.398816 0.840723 6.239539 995.8639175 B5 6.500000%
------------- ------- --------- --------- ------------- -- ---------
TOTALS 983.2150038 5.008865 6.682561 11.691426 976.7544557
------------- ------- --------- --------- ------------- -- ---------
A5 1,000.00 5.416667 0.000000 5.416667 1,000.00 A5 6.500000%
AX 981.91 0.307386 0.000000 0.307386 975.04 AX 0.375656%
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Corporation, Series 1999-S1
June 25, 1999
STATEMENT TO CERTIFICATEHOLDERS
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 2,252,432.31
Aggregate Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv): Aggregate Servicer Advances 2,169,763.33
Sec. 6.02(a)(v): Number of Outstanding Mortgage Loans 1,244.00
Ending Principal Balance of
Outstanding Mortgage Loans 390,701,909.49
Sec. 6.02(a)(vi): Aggregate Amount of Servicing Fees 101,107.31
Sec. 6.02(a)(vii) Number and Aggregate Principal Amounts of
Mortgage Loans in Delinquency
Group Totals
Category Number Principal Balance Percentage
1 Month 8 3,055,848.79 0.78%
2 Months 2 536,996.29 0.14%
3+ Months 0 0.00 0.00%
Total 10 3,592,845.08 0.92%
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 Amount of All Advances Recovered
During the Related Due Period 14,251.55
Sec. 6.02(a)(x): Class A Percentage 95.69%
Class A Principal Balance 376,341,730.27
Class M Percentage 2.18%
Class M Principal Balance 8,571,658.06
Class B Percentage 2.13%
Class B Principal Balance 8,372,740.92
NON-PO Class A Percentage 95.68%
NON-PO Class A Prepayment Percentage 100.00%
M Credit Support 2.14%
B1 Credit Support 1.20%
B2 Credit Support 0.81%
B3 Credit Support 0.45%
B4 Credit Support 0.26%
Sec. 6.02(a)(xi): Aggregate Cummulative Losses Since Cut-Off 0.00
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Corporation, Series 1999-S1
June 25, 1999
Sec. 6.02(a)(xiv): Compensating Interest Shortfall 0.00
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S2
Statement to Certificateholders
June 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 215,000,000.00 212,005,018.95 1,148,360.52 2,132,156.44 3,280,516.96 0.00 0.00 209,872,862.51
A2 126,772,000.00 124,683,732.04 675,370.22 1,486,658.48 2,162,028.70 0.00 0.00 123,197,073.56
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 46,318.15 0.00 46,318.15 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 21,547.27 0.00 21,547.27 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 374,266.00 373,020.00 0.00 368.64 368.64 0.00 0.00 372,651.36
AR 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
M 9,900,000.00 9,875,847.55 53,494.17 8,176.89 61,671.06 0.00 0.00 9,867,670.66
B1 4,050,000.00 4,040,119.46 21,883.98 3,345.09 25,229.07 0.00 0.00 4,036,774.37
B2 1,575,000.00 1,571,157.57 8,510.44 1,300.87 9,811.31 0.00 0.00 1,569,856.70
B3 1,575,000.00 1,571,157.57 8,510.44 1,300.87 9,811.31 0.00 0.00 1,569,856.70
B4 900,000.00 897,804.32 4,863.11 743.35 5,606.46 0.00 0.00 897,060.97
B5 1,125,239.36 1,122,494.20 6,080.18 929.40 7,009.58 0.00 0.00 1,121,564.80
-------------- -------------- ------------ ------------ ------------ ---- ---- --------------
TOTALS 450,001,605.36 444,870,351.66 2,408,943.89 3,634,980.03 6,043,923.92 0.00 0.00 441,235,371.63
-------------- -------------- ------------ ------------ ------------ ---- ---- --------------
AX 420,440,757.99 415,400,412.00 137,130.10 0.00 137,130.10 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
June 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 986.0698556 5.341212 9.917007 15.258218 976.1528489 A1 6.500000%
A2 16162TFM3 983.5273723 5.327440 11.727026 17.054465 971.8003468 A2 6.500000%
A3 16162TFN1 1,000.0000000 5.416666 0.000000 5.416666 1,000.0000000 A3 6.500000%
A4 16162TFP6 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A4 6.500000%
A5 16162TFQ4 1,000.0000000 5.416666 0.000000 5.416666 1,000.0000000 A5 6.500000%
A6 16162TFR2 1,000.0000000 5.416666 0.000000 5.416666 1,000.0000000 A6 6.500000%
A7 16162TFS0 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A7 6.500000%
A8 16162TFT8 1,000.0000000 4.834375 0.000000 4.834375 1,000.0000000 A8 5.801250%
A9 16162TFU5 1,000.0000000 5.416666 0.000000 5.416666 1,000.0000000 A9 6.500000%
A10 16162TFV5 1,000.0000000 6.666670 0.000000 6.666670 1,000.0000000 A10 8.000000%
A11 16162TFW1 1,000.0000000 7.309115 0.000000 7.309115 1,000.0000000 A11 8.770937%
A12 16162TFX9 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A12 6.500000%
AP 16162TFY7 996.6708170 0.000000 0.984968 0.984968 995.6858491 AP 0.000000%
AR 16162TFZ4 0.0000000 0.000000 0.000000 0.000000 0.0000000 AR 6.500000%
M 16162TGA8 997.5603586 5.403452 0.825948 6.229400 996.7344101 M 6.500000%
B1 16162TGB6 997.5603605 5.403452 0.825948 6.229400 996.7344123 B1 6.500000%
B2 16162TGC4 997.5603619 5.403454 0.825949 6.229403 996.7344127 B2 6.500000%
B3 16162TGE0 997.5603619 5.403454 0.825949 6.229403 996.7344127 B3 6.500000%
B4 16162TGF7 997.5603556 5.403456 0.825944 6.229400 996.7344111 B4 6.500000%
B5 16162TGG5 997.5603768 5.403455 0.825958 6.229412 996.7344192 B5 6.500000%
-- --------- ----------- -------- -------- -------- ----------- -- ---------
TOTALS 988.5972547 5.353190 8.077705 13.430894 980.5195501
-- --------- ----------- -------- -------- -------- ----------- -- ---------
AX 16162TGD2 988.01 0.326158 0.000000 0.326158 988.01 AX 0.396139%
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S2
June 25, 1999
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 3,266,613.14
Aggregate Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 2,386,069.12
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 1,430
Ending Principal Balance of
Outstanding Mortgage Loans 441,235,372.40
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 113,923.88
Sec. 6.02(a)(vii) Number and Aggregate Principal Amounts
of Mortgage Loans in Delinquency
Group 1
----------------------------------------------------
Category Number Principal Balance Percentage
-------- ------ ----------------- ----------
1 Month 18 4,999,638.14 1.13%
2 Months 1 260,038.77 0.06%
3+Months 0 0.00 0.00%
Total 19 5,259,676.91 1.19%
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 13,479.74
Sec. 6.02(a)(x) Class A Percentage 95.71143%
Class M Percentage 2.21994%
Class B Percentage 2.06863%
Class A Principal Balance 425,791,770.99
Class M Principal Balance 9,875,847.55
Class B Principal Balance 9,202,733.12
NON-PO Class A Percentage 95.70783%
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
June 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 112,065,223.00 110,170,705.53 573,805.76 419,298.48 993,104.24 0.00 0.00 109,751,407.05
AP 176,004.00 165,287.92 0.00 588.96 588.96 0.00 0.00 164,698.96
AR 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
M 1,265,014.00 1,252,419.29 6,523.02 4,257.35 10,780.37 0.00 0.00 1,248,161.94
B1 402,504.00 398,496.60 2,075.50 1,354.61 3,430.11 0.00 0.00 397,141.99
B2 402,504.00 398,496.60 2,075.50 1,354.61 3,430.11 0.00 0.00 397,141.99
B3 345,004.00 341,569.09 1,779.01 1,161.10 2,940.11 0.00 0.00 340,407.99
B4 172,502.00 170,784.54 889.50 580.55 1,470.05 0.00 0.00 170,203.99
B5 172,505.00 170,787.51 889.52 580.55 1,470.07 0.00 0.00 170,206.96
-- -------------- -------------- ---------- ---------- ------------ ---- ---- --------------
TOTALS 115,001,360.00 113,068,547.08 588,037.81 429,176.21 1,017,214.02 0.00 0.00 112,639,370.87
-- -------------- -------------- ---------- ---------- ------------ ---- ---- --------------
AX 105,726,363.20 104,185,066.14 29,460.85 0.00 29,460.85 0.00 0.00 103,788,259.33
</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 983.0945103 5.120284 3.741558 8.861841 979.3529528 A1 6.250000%
AP 16162TFF8 939.1145656 0.000000 3.346288 3.346288 935.7682780 AP 0.000000%
AR 16162TFG6 0.0000000 0.000000 0.000000 0.000000 0.0000000 AR 6.250000%
M 16162TFH4 990.0438177 5.156480 3.365457 8.521937 986.6783609 M 6.250000%
B1 16162TFJ0 990.0438257 5.156470 3.365457 8.521928 986.6783684 B1 6.250000%
B2 16162TFK7 990.0438257 5.156470 3.365457 8.521928 986.6783684 B2 6.250000%
B3 16162TGH3 990.0438546 5.156491 3.365468 8.521959 986.6783863 B3 6.250000%
B4 16162TGJ8 990.0438256 5.156462 3.365468 8.521930 986.6783574 B4 6.250000%
B5 16162TGK6 990.0438248 5.156488 3.365410 8.521898 986.6784151 B5 6.250000%
-- --------- ----------- -------- -------- -------- ----------- -- ---------
TOTALS 983.1931299 5.113312 3.731923 8.845235 979.4612070
-- --------- ----------- -------- -------- -------- ----------- -- ---------
AX 985.42 0.278652 0.000000 0.278652 981.67 AX 0.339329%
</TABLE>
[Image] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S3
June 25, 1999
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 44,802.92
Aggregate Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 848,319.88
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 362
Ending Principal Balance of Outstanding Mortgage Loans 112,639,371.38
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 29,671.07
Sec. 6.02(a)(vii) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
</TABLE>
<TABLE>
<S> <C>
-------------------------------------------------------------------------
Group Totals
-------------------------------------------------------------------------
Category Number Principal Balance Percentage
1 Month 5 2,334,256.54 2.07%
2 Months 1 286,305.95 0.25%
3+ Months 0 0.00 0.00%
Total 6 2,620,562.49 2.32%
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%
</TABLE>
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(ix) Aggregate Recovered Advances for Current Period 7,905.65
Sec. 6.02(a)(x) Class A Percentage 97.58 %
Class M Percentage 1.11 %
Class B Percentage 1.31 %
Class A Principal Balance 110,335,993.45
Class M Principal Balance 1,252,419.29
Class B Principal Balance 1,480,134.34
NON-PO Class A Percentage 97.5797 %
NON-PO Class A Prepayment Percentage 100.0000 %
M Credit Support 1.31 %
B1 Credit Support 0.96 %
B2 Credit Support 0.61 %
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
</TABLE>
[Image] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S4
Statement to Certificateholders
June 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 207,499,900.00 205,324,023.30 1,112,171.79 1,192,391.17 2,304,562.96 0.00 0.00 204,131,632.13
A2 72,600,000.00 71,706,919.98 388,412.48 489,389.77 877,802.25 0.00 0.00 71,217,530.21
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 9,085,777.93 49,214.63 226,985.31 276,199.94 0.00 0.00 8,858,792.62
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 38,129,922.99 206,537.08 39,314.72 245,851.80 0.00 0.00 38,090,608.27
AP 504,519.00 503,555.46 0.00 499.21 499.21 0.00 0.00 503,056.25
AR 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
M 9,900,211.00 9,884,193.06 53,539.38 8,110.73 61,650.11 0.00 0.00 9,876,082.33
B1 4,050,087.00 4,043,534.21 21,902.48 3,318.03 25,220.51 0.00 0.00 4,040,216.18
B2 1,575,034.00 1,572,485.70 8,517.63 1,290.34 9,807.97 0.00 0.00 1,571,195.36
B3 1,575,033.00 1,572,484.70 8,517.63 1,290.34 9,807.97 0.00 0.00 1,571,194.36
B4 900,020.00 898,563.82 4,867.22 737.34 5,604.56 0.00 0.00 897,826.48
B5 1,125,024.08 1,123,203.86 6,084.02 921.67 7,005.69 0.00 0.00 1,122,282.19
-- -------------- -------------- ------------ ------------ ------------ ---- ---- --------------
TOTALS 450,009,605.08 446,260,542.01 2,410,933.68 1,964,248.63 4,375,182.31 0.00 0.00 444,296,293.38
-- -------------- -------------- ------------ ------------ ------------ ---- ---- --------------
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 419,564,188.06 415,873,748.87 136,338.46 0.00 136,338.46 0.00 0.00 413,940,469.22
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S4
Statement to Certificateholders
June 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 16162T GL4 989.5138422 5.359867 5.746466 11.106333 983.7673759 A1 6.500000%
A2 16162T GM2 987.6986223 5.350034 6.740906 12.090940 980.9577164 A2 6.500000%
A3 16162T GN0 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A3 6.500000%
A4 16162T GP5 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A4 6.500000%
A5 16162T GQ3 1,000.0000000 5.416668 0.000000 5.416668 1,000.0000000 A5 6.500000%
A6 16162T GR1 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A6 6.500000%
A7 16162T GS9 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A7 6.500000%
A8 16162T GT7 1,000.0000000 5.416666 0.000000 5.416666 1,000.0000000 A8 6.500000%
A9 16162T GU4 1,000.0000000 6.666669 0.000000 6.666669 1,000.0000000 A9 8.000000%
A10 16162T GV2 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A10 6.500000%
A11 16162T GW0 1,000.0000000 5.833335 0.000000 5.833335 1,000.0000000 A11 7.000000%
A12 16162T GX8 1,000.0000000 5.000000 0.000000 5.000000 1,000.0000000 A12 6.000000%
A13 16162T GY6 956.3976768 5.180487 23.893191 29.073678 932.5044863 A13 6.500000%
A15 16162T HA7 1,000.0000000 5.208333 0.000000 5.208333 1,000.0000000 A15 6.250000%
A16 16162T HB5 1,000.0000000 5.416666 0.000000 5.416666 1,000.0000000 A16 6.500000%
A17 16162T HC3 993.9037058 5.383645 1.024787 6.408432 992.8789189 A17 6.500000%
AP 16162T HD1 998.0901809 0.000000 0.989477 0.989477 997.1007038 AP 0.000000%
AR 16162T HE9 0.0000000 0.000000 0.000000 0.000000 0.0000000 AR 6.500000%
M 16162T HH2 998.3820607 5.407903 0.819248 6.227151 997.5628126 M 6.500000%
B1 16162T HF6 998.3820619 5.407904 0.819249 6.227153 997.5628128 B1 6.500000%
B2 16162T HG4 998.3820667 5.407902 0.819246 6.227148 997.5628209 B2 6.500000%
B3 16162T HJ8 998.3820656 5.407906 0.819246 6.227152 997.5628193 B3 6.500000%
B4 16162T HK5 998.3820582 5.407902 0.819248 6.227151 997.5628097 B4 6.500000%
B5 16162T HL3 998.3820613 5.407902 0.819245 6.227147 997.5628166 B5 6.500000%
-- --------- ----------- -------- -------- -------- ----------- -- ---------
TOTALS 991.6689266 5.357516 4.364904 9.722420 987.3040228
-- --------- ----------- -------- -------- -------- ----------- -- ---------
A14 16162T GZ3 1,000.00 0.208333 0.000000 0.208333 1,000.00 A14 0.250000%
AX 991.20 0.324953 0.000000 0.324953 986.60 AX 0.393403%
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S4
June 25, 1999
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 1,598,013.37
Aggregate Amount of Repurchase Proceeds 0.00
Group 1 Amount of Principal Prepayments 1,589,197.87
Group 1 Amount of Repurchase Proceeds 0.00
Group 2 Amount of Principal Prepayments 8,416.13
Group 2 Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 2,375,024.34
Group 1 Servicer Advances 2,159,745.39
Group 2 Servicer Advances 215,278.95
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 1,384
Ending Principal Balance of Outstanding
Mortgage Loans 444,296,293.84
Group 1 Outstanding Mortgage Loans 1,083
Ending Principal Balance of Group 1
Mortgage Loans 404,450,700.18
Group 2 Outstanding Mortgage Loans 301
Ending Principal Balance of
Group 2 Mortgage Loans 39,845,593.66
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 114,279.89
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 2,956,768.48 0.73 %
2 Months 0 0.00 0.00 %
3+ Months 0 0.00 0.00 %
Total 9 2,956,768.48 0.73 %
Group 2
-------
Category Number Principal Balance Percentage
-------- ------ ----------------- ----------
1 Month 2 322,117.14 0.81 %
2 Months 1 214,323.02 0.54 %
3+ Months 0 0.00 0.00 %
Total 3 536,440.16 1.35 %
Group Totals
------------
Category Number Principal Balance Percentage
-------- ------ ----------------- ----------
1 Month 11 3,278,885.62 0.74 %
2 Months 1 214,323.02 0.05 %
3+ Months 0 0.00 0.00 %
Total 12 3,493,208.64 0.79 %
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S4
June 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 95.72123 %
Class M Percentage 2.21489 %
Class B Percentage 2.06388 %
Class A Principal Balance 427,166,076.66
Class M Principal Balance 9,884,193.06
Class B Principal Balance 9,210,272.29
NON-PO Class A Percentage 95.71640 %
NON-PO Class A Prepayment Percentage 100.00000 %
M Credit Support 2.06 %
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
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
June 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 86,402,913.00 85,862,833.56 465,090.35 509,366.15 974,456.50 0.00 0.00 85,353,467.41
A2 154,962,609.00 153,831,099.19 833,251.79 1,066,965.45 1,900,217.24 0.00 0.00 152,764,133.74
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 12,921,485.72 69,991.38 262,627.08 332,618.46 0.00 0.00 12,658,858.64
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 50,208,879.10 271,964.76 345,783.30 617,748.06 0.00 0.00 49,863,095.80
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 40,618,860.35 220,018.83 202,716.92 422,735.75 0.00 0.00 40,416,143.43
AP 488,368.00 487,862.93 0.00 520.09 520.09 0.00 0.00 487,342.84
M 11,250,314.00 11,241,197.24 60,889.82 9,188.18 70,078.00 0.00 0.00 11,232,009.06
B1 4,500,126.00 4,496,479.30 24,355.93 3,675.27 28,031.20 0.00 0.00 4,492,804.03
B2 1,750,049.00 1,748,630.84 9,471.75 1,429.27 10,901.02 0.00 0.00 1,747,201.57
B3 1,500,042.00 1,498,826.43 8,118.64 1,225.09 9,343.73 0.00 0.00 1,497,601.34
B4 1,000,028.00 999,217.62 5,412.43 816.73 6,229.16 0.00 0.00 998,400.89
B5 1,250,035.73 1,249,022.76 6,765.54 1,020.91 7,786.45 0.00 0.00 1,248,001.85
AR 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
-- -------------- -------------- ------------ ------------ ------------ ---- ---- --------------
TOTALS 500,013,975.73 497,484,099.04 2,692,062.96 2,405,334.44 5,097,397.40 0.00 0.00 495,078,764.60
-- -------------- -------------- ------------ ------------ ------------ ---- ---- --------------
AX 0.00 461,415,470.52 139,477.64 0.00 139,477.64 0.00 0.00 459,048,845.21
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S5
Statement to Certificateholders
June 25, 1999
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS-THRU
CLASS CUSIP FACTOR INTEREST PRINCIPAL TOTAL FACTOR RATE
- ----------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 16162THM1 993.7492913 5.382809 5.895243 11.278051 987.8540485 A1 6.500000%
A2 16162THN9 992.6981753 5.377115 6.885309 12.262424 985.8128663 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 978.9004333 5.302377 19.895991 25.198368 959.0044424 A6 6.500000%
A7 16162THT6 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A7 6.500000%
A8 16162THU3 992.7494475 5.377393 6.836962 12.214354 985.9124858 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 995.2161969 5.390754 4.966835 10.357589 990.2493623 A14 6.500000%
AP 16162TJB3 998.9658004 0.000000 1.064955 1.064955 997.9008453 AP 0.000000%
M 16162TJD9 999.1896440 5.412277 0.816704 6.228982 998.3729396 M 6.500000%
B1 16162TJE7 999.1896449 5.412277 0.816704 6.228981 998.3729411 B1 6.500000%
B2 16162TJE7 999.1896455 5.412277 0.816703 6.228980 998.3729427 B2 6.500000%
B3 16162TJF4 999.1896427 5.412275 0.816704 6.228979 998.3729389 B3 6.500000%
B4 16162TJH0 999.1896427 5.412278 0.816707 6.228986 998.3729356 B4 6.500000%
B5 16162TJJ6 999.1896472 5.412277 0.816705 6.228982 998.3729425 B5 6.500000%
AR 16162TJC1 0.0000000 0.000000 0.000000 0.000000 0.0000000 AR 6.500000%
-- --------- ----------- -------- -------- --------- ----------- -- ---------
TOTALS 994.9403880 5.383975 4.810534 10.194510 990.1298536
-- --------- ----------- -------- -------- --------- ----------- -- ---------
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S5
June 25, 1999
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 1,998,671.27
Aggregate Amount of Repurchase Proceeds 0.00
Group 1 Amount of Principal Prepayments 1,828,010.22
Group 1 Amount of Repurchase Proceeds 0.00
Group 2 Amount of Principal Prepayments 170,359.45
Group 2 Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 2,639,703.76
Group 1 Servicer Advances 2,423,883.36
Group 2 Servicer Advances 215,820.40
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 1,486
Ending Principal Balance of Outstanding Mortgage Loans 495,078,764.88
Group 1 Outstanding Mortgage Loans 1,184
Ending Principal Balance of Group 1 Mortgage Loans 452,781,990.83
Group 2 Outstanding Mortgage Loans 302
Ending Principal Balance of Group 2 Mortgage Loans 42,296,774.05
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 127,397.39
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 17 6,704,095.17 1.48%
2 Months 0 0.00 0.00%
3+Months 0 0.00 0.00%
Total 17 6,704,095.17 1.48%
Group 2
---------------------------------------------------
Category Number Principal Balance Percentage
-------- ------ ----------------- ----------
1 Month 6 716,891.27 1.69%
2 Months 0 0.00 0.00%
3+Months 0 0.00 0.00%
Total 6 716,891.27 1.69%
Group Totals
---------------------------------------------------
Category Number Principal Balance Percentage
-------- ------ ----------------- ----------
1 Month 23 7,420,986.44 1.50%
2 Months 0 0.00 0.00%
3+ Months 0 0.00 0.00%
Total 23 7,420,986.44 1.50%
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S5
June 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%
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(ix) Aggregate Recovered Advances for Current Period 0.00
Sec. 6.02(a)(x) Class A Percentage 95.73185%
Class M Percentage 2.25961%
Class B Percentage 2.00854%
Class A Principal Balance 476,250,724.85
Class M Principal Balance 11,241,197.24
Class B Principal Balance 9,992,176.95
NON-PO Class A Percentage 95.72766%
NON-PO Class A Prepayment Percentage 100.00000%
M Credit Support 2.01%
B1 Credit Support 1.11%
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
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S6
Statement to Certificateholders
June 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 165,406,000.00 164,729,358.30 857,965.41 1,952,868.95 2,810,834.36 0.00 0.00 162,776,489.35
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 43,540,207.56 226,771.91 144,797.40 371,569.31 0.00 0.00 43,395,410.16
AP 392,628.00 391,229.99 0.00 1,385.53 1,385.53 0.00 0.00 389,844.46
AR 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
M 3,375,110.00 3,364,000.01 17,520.83 11,187.33 28,708.16 0.00 0.00 3,352,812.68
B1 675,002.00 672,780.07 3,504.06 2,237.40 5,741.46 0.00 0.00 670,542.67
B2 787,502.00 784,909.75 4,088.07 2,610.30 6,698.37 0.00 0.00 782,299.45
B3 675,002.00 672,780.07 3,504.06 2,237.40 5,741.46 0.00 0.00 670,542.67
B4 337,501.00 336,390.03 1,752.03 1,118.70 2,870.73 0.00 0.00 335,271.33
B5 337,501.59 336,390.62 1,752.03 1,118.70 2,870.73 0.00 0.00 335,271.92
-- -------------- -------------- ------------ ------------ ------------ ---- ---- --------------
TOTALS 225,000,666.59 224,158,362.40 1,165,453.80 2,119,561.71 3,285,015.51 0.00 0.00 222,038,800.69
-- -------------- -------------- ------------ ------------ ------------ ---- ---- --------------
AX 199,288,133.52 198,536,565.29 58,644.27 0.00 58,644.27 0.00 0.00 196,506,202.07
</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 16162T JL1 995.9092070 5.187027 11.806518 16.993545 984.1026888 A1 6.250000%
A2 16162T JM9 1,000.0000000 5.208334 0.000000 5.208334 1,000.0000000 A2 6.250000%
A3 16162T JN7 996.7082587 5.191189 3.314655 8.505844 993.3936038 A3 6.250000%
AP 16162T JP2 996.4393523 0.000000 3.528862 3.528862 992.9104903 AP 0.000000%
AR 16162T JQ0 0.0000000 0.000000 0.000000 0.000000 0.0000000 AR 6.250000%
M 16162T JR8 996.7082584 5.191188 3.314656 8.505844 993.3936020 M 6.250000%
B1 16162T JS6 996.7082616 5.191185 3.314657 8.505841 993.3936048 B1 6.250000%
B2 16162T JT4 996.7082623 5.191187 3.314658 8.505845 993.3936041 B2 6.250000%
B3 16162T JU1 996.7082616 5.191185 3.314657 8.505841 993.3936048 B3 6.250000%
B4 16162T JV9 996.7082468 5.191185 3.314657 8.505841 993.3935899 B4 6.250000%
B5 16162T JW7 996.7082525 5.191176 3.314651 8.505827 993.3936015 B5 6.250000%
-- ---------- ----------- -------- -------- --------- ------------- -- ---------
TOTALS 996.2564369 5.179779 9.420246 14.600026 986.8361906
-- ---------- ----------- -------- -------- --------- ------------- -- ---------
AX 996.23 0.294269 0.000000 0.294269 986.04 AX 0.354460%
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S6
June 25, 1999
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 1,374,045.40
Aggregate Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 1,551,898.49
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 715
Ending Principal Balance of Outstanding Mortgage Loans 222,038,801.42
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 58,636.10
Sec. 6.02(a)(vii) Number and Aggregate Principal Amounts of Mortgage Loans
in Delinquency
</TABLE>
<TABLE>
<CAPTION>
<S> <C>
----------------------------------------------------------------------
Group 1
----------------------------------------------------------------------
Category Number Principal Balance Percentage
1 Month 2 592,989.91 0.27 %
2 Months 0 0.00 0.00 %
3+Months 0 0.00 0.00 %
Total 2 592,989.91 0.27 %
----------------------------------------------------------------------
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 97.24871 %
Class M Percentage 1.50072 %
Class B Percentage 1.25057 %
Class A Principal Balance 217,991,111.85
Class M Principal Balance 3,364,000.01
Class B Principal Balance 2,803,250.54
NON-PO Class A Percentage 97.24390 %
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
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S7
Statement to Certificateholders
June 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 121,433,000.00 121,433,000.00 632,463.54 453,300.55 1,085,764.09 0.00 0.00 120,979,699.45
AP 127,811.00 127,811.00 0.00 454.74 454.74 0.00 0.00 127,356.26
AR 100.00 100.00 0.52 100.00 100.52 0.00 0.00 0.00
M 1,875,000.00 1,875,000.00 9,765.63 6,105.87 15,871.50 0.00 0.00 1,868,894.13
B1 375,000.00 375,000.00 1,953.13 1,221.17 3,174.30 0.00 0.00 373,778.83
B2 437,000.00 437,000.00 2,276.04 1,423.08 3,699.12 0.00 0.00 435,576.92
B3 375,000.00 375,000.00 1,953.13 1,221.17 3,174.30 0.00 0.00 373,778.83
B4 187,000.00 187,000.00 973.96 608.96 1,582.92 0.00 0.00 186,391.04
B5 190,214.48 190,214.48 990.70 619.43 1,610.13 0.00 0.00 189,595.05
-- -------------- -------------- ---------- ---------- ------------ ---- ---- --------------
TOTALS 125,000,125.48 125,000,125.48 650,376.65 465,054.97 1,115,431.62 0.00 0.00 124,535,070.51
-- -------------- -------------- ---------- ---------- ------------ ---- ---- --------------
AX 117,596,935.26 117,596,935.26 35,120.07 0.00 35,120.07 0.00 0.00 117,158,362.46
</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> <C>
A1 16162T JX5 1,000.0000000 5.208333 3.732927 8.941261 996.2670728 A1 6.250000%
AP 16162T JY3 1,000.0000000 0.000000 3.557910 3.557910 996.4420903 AP 0.000000%
AR 16162T JZ0 1,000.0000000 5.200000 1,000.000000 1,005.200000 0.0000000 AR 6.250000%
M 16162T KA3 1,000.0000000 5.208336 3.256464 8.464800 996.7435360 M 6.250000%
B1 16162T KB1 1,000.0000000 5.208347 3.256453 8.464800 996.7435467 B1 6.250000%
B2 16162T KC9 1,000.0000000 5.208330 3.256476 8.464805 996.7435240 B2 6.250000%
B3 16162T KD7 1,000.0000000 5.208347 3.256453 8.464800 996.7435467 B3 6.250000%
B4 16162T KE5 1,000.0000000 5.208342 3.256471 8.464813 996.7435294 B4 6.250000%
B5 16162T KF2 1,000.0000000 5.208331 3.256482 8.464813 996.7435182 B5 6.250000%
-- ---------- ------------- -------- ------------ ----------- ----------- -- ---------
TOTALS 1,000.0000000 5.203008 3.720436 8.923444 996.2795640
-- ---------- ------------- -------- ------------ ----------- ----------- -- ---------
AX 1,000.00 0.298648 0.000000 0.298648 996.27 AX 0.358377%
</TABLE>
[Image] (C) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S7
June 25, 1999
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 57,975.52
Aggregate Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 917,393.59
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 372
Ending Principal Balance of Outstanding
Mortgage Loans 124,535,070.50
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 32,802.12
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 97.24863 %
Class M Percentage 1.50000 %
Class B Percentage 1.25137 %
Class A Principal Balance 121,560,911.00
Class M Principal Balance 1,875,000.00
Class B Principal Balance 1,564,214.48
NON-PO Class A Percentage 97.24581 %
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
June 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 14,391,059.13 77,951.57 95,153.57 173,105.14 0.00 0.00 14,295,905.56
IIA1 30,250,000.00 26,185,830.56 141,839.92 938,571.76 1,080,411.68 0.00 0.00 25,247,258.80
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 1,000,000.00 878,091.47 4,756.33 28,153.33 32,909.66 0.00 0.00 849,938.14
IIIA1 95,342,532.00 92,115,225.85 498,957.47 604,375.00 1,103,332.47 0.00 0.00 91,510,850.85
AP 25,169.00 24,896.98 0.00 68.73 68.73 0.00 0.00 24,828.25
AR 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
M 4,786,000.00 4,767,035.47 25,821.44 4,868.55 30,689.99 0.00 0.00 4,762,166.92
B1 2,316,000.00 2,306,822.84 12,495.29 2,355.95 14,851.24 0.00 0.00 2,304,466.89
B2 1,235,000.00 1,230,106.32 6,663.08 1,256.30 7,919.38 0.00 0.00 1,228,850.02
B3 618,000.00 615,551.18 3,334.24 628.66 3,962.90 0.00 0.00 614,922.52
B4 386,000.00 384,470.47 2,082.55 392.66 2,475.21 0.00 0.00 384,077.81
B5 694,784.72 692,031.64 3,748.50 706.76 4,455.26 0.00 0.00 691,324.88
-- -------------- -------------- ---------- ------------ ------------ ---- ---- --------------
TOTALS 154,396,147.72 146,678,980.91 794,376.29 1,676,531.27 2,470,907.56 0.00 0.00 145,002,449.64
-- -------------- -------------- ---------- ------------ ------------ ---- ---- --------------
AX 152,908,229.99 145,204,277.46 106,015.38 0.00 106,015.38 0.00 0.00 143,531,073.40
</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 982.0096067 5.319219 6.493040 11.812258 975.5165669 IA1 6.500000%
IIA1 16162TES1 865.6472912 4.688923 31.027166 35.716089 834.6201256 IIA1 6.500000%
IIA2 16162TET9 1,000.0000000 5.416666 0.000000 5.416666 1,000.0000000 IIA2 6.500000%
IIA3 16162TEU6 878.0914700 4.756330 28.153330 32.909660 849.9381400 IIA3 6.500000%
IIIA1 16162TEV4 966.1504044 5.233315 6.338986 11.572301 959.8114182 IIIA1 6.500000%
AP 16162TEW2 989.1922603 0.000000 2.730740 2.730740 986.4615201 AP 0.000000%
AR 16162TEX0 0.0000000 0.000000 0.000000 0.000000 0.0000000 AR 6.500000%
M 16162TEY8 996.0374990 5.395203 1.017248 6.412451 995.0202507 M 6.500000%
B1 16162TEZ5 996.0374957 5.395203 1.017250 6.412453 995.0202461 B1 6.500000%
B2 16162TFA9 996.0375061 5.395206 1.017247 6.412453 995.0202591 B2 6.500000%
B3 16162TFB7 996.0375081 5.395210 1.017249 6.412460 995.0202589 B3 6.500000%
B4 16162TFC5 996.0374870 5.395207 1.017254 6.412461 995.0202332 B4 6.500000%
B5 16162TFD3 996.0375064 5.395196 1.017236 6.412432 995.0202705 B5 6.500000%
-- --------- ----------- -------- --------- --------- ------------- -- ---------
TOTALS 950.0171026 5.145053 10.858634 16.003687 939.1584685
-- --------- ----------- -------- --------- --------- ------------- -- ---------
AX 949.62 0.693327 0.000000 0.693327 938.67 AX 0.876134%
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Corporation, Series 1999-AS1
June 25, 1999
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 1,526,685.91
Aggregate Amount of Repurchase Proceeds 0.00
Group 1 Amount of Principal Prepayments 48,702.67
Group 1 Amount of Repurchase Proceeds 0.00
Group 2 Amount of Principal Prepayments 943,806.08
Group 2 Amount of Repurchase Proceeds 0.00
Group 3 Amount of Principal Prepayments 534,177.16
Group 3 Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 866,544.40
Group 1 Servicer Advances 115,924.20
Group 2 Servicer Advances 208,169.43
Group 3 Servicer Advances 542,450.77
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 1,205
Ending Principal Balance of Outstanding
Mortgage Loans 145,002,449.88
Group 1 Outstanding Mortgage Loans 167
Ending Principal Balance of Group 1
Mortgage Loans 15,317,463.70
Group 2 Outstanding Mortgage Loans 91
Ending Principal Balance of Group 2
Mortgage Loans 31,570,402.52
Group 3 Outstanding Mortgage Loans 947
Ending Principal Balance of Group 3
Mortgage Loans 98,114,583.66
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 38,368.78
Sec. 6.02(a)(vii) Number and Aggregate Principal Amounts of
Mortgage Loans in Delinquency
Group 1
Category Number Principal Balance Percentage
----------------------------------------------------
1 Month 2 275,885.17 1.80%
2 Months 0 0.00 0.00%
3+ Months 0 0.00 0.00%
Total 2 275,885.17 1.80%
Group 2
Category Number Principal Balance Percentage
----------------------------------------------------
1 Month 2 836,566.12 2.65%
2 Months 0 0.00 0.00%
3+ Months 0 0.00 0.00%
Total 2 836,566.12 2.65%
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Corporation, Series 1999-AS1
June 25, 1999
Group 3
Category Number Principal Balance Percentage
----------------------------------------------------
1 Month 12 1,082,779.05 1.10%
2 Months 0 0.00 0.00%
3+ Months 0 0.00 0.00%
Total 12 1,082,779.05 1.10%
Group Totals
Category Number Principal Balance Percentage
----------------------------------------------------
1 Month 16 2,195,230.34 1.51%
2 Months 0 0.00 0.00%
3+ Months 0 0.00 0.00%
Total 16 2,195,230.34 1.51%
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
June 25, 1999
Sec. 6.02(a)(ix) Aggregate Recovered Advances for Current Period 9,831.81
Sec. 6.02(a)(x) Class A Percentage 93.19%
Class M Percentage 3.25%
Class B Percentage 3.56%
Class A Principal Balance 136,682,962.99
Class M Principal Balance 4,767,035.47
Class B Principal Balance 5,228,982.45
NON-PO Class A Percentage 93.1839%
NON-PO Class A Prepayment Percentage 100.0000%
M Credit Support 3.57%
B1 Credit Support 1.99%
B2 Credit Support 1.15%
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
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-AS2
Statement to Certificateholders
June 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 22,467,000.00 22,467,000.00 121,696.25 75,639.06 197,335.31 0.00 0.00 22,391,360.94
IIA1 9,200,000.00 9,200,000.00 49,833.33 600,192.03 650,025.36 0.00 0.00 8,599,807.97
IIA2 77,900,000.00 77,900,000.00 421,958.33 0.00 421,958.33 0.00 0.00 77,900,000.00
IIA3 9,543,000.00 9,543,000.00 51,691.25 0.00 51,691.25 0.00 0.00 9,543,000.00
IIA4 20,000,000.00 20,000,000.00 108,333.33 0.00 108,333.33 0.00 0.00 20,000,000.00
AP 17,185.00 17,185.00 0.00 34.08 34.08 0.00 0.00 17,150.92
AR 100.00 100.00 0.54 100.00 100.54 0.00 0.00 0.00
M 5,250,000.00 5,250,000.00 28,437.50 5,779.02 34,216.52 0.00 0.00 5,244,220.98
B1 2,625,000.00 2,625,000.00 14,218.75 2,889.51 17,108.26 0.00 0.00 2,622,110.49
B2 1,200,000.00 1,200,000.00 6,500.00 1,320.92 7,820.92 0.00 0.00 1,198,679.08
B3 675,000.00 675,000.00 3,656.25 743.02 4,399.27 0.00 0.00 674,256.98
B4 375,000.00 375,000.00 2,031.25 412.79 2,444.04 0.00 0.00 374,587.21
B5 751,676.40 751,676.40 4,071.58 827.42 4,899.00 0.00 0.00 750,848.98
-- -------------- -------------- ---------- ---------- ------------ ---- ---- --------------
TOTALS 150,003,961.40 150,003,961.40 812,428.36 687,937.85 1,500,366.21 0.00 0.00 149,316,023.55
-- -------------- -------------- ---------- ---------- ------------ ---- ---- --------------
AX 148,463,136.00 148,463,136.60 115,027.26 0.00 115,027.26 0.00 0.00 147,778,339.41
</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 16162T KG0 1,000.0000000 5.416667 3.366674 8.783340 996.6333262 IA1 6.500000%
IIA1 16162T KH8 1,000.0000000 5.416666 65.238264 70.654930 934.7617359 IIA1 6.500000%
IIA2 16162T KJ4 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 IIA2 6.500000%
IIA3 16162T KK1 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 IIA3 6.500000%
IIA4 16162T KL9 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 IIA4 6.500000%
AP 16162T KM7 1,000.0000000 0.000000 1.983125 1.983125 998.0168752 AP 0.000000%
AR 16162T KN5 1,000.0000000 5.400000 1,000.000000 1,005.400000 0.0000000 AR 6.500000%
M 16162T KP0 1,000.0000000 5.416667 1.100766 6.517432 998.8992343 M 6.500000%
B1 16162T KQ8 1,000.0000000 5.416667 1.100766 6.517432 998.8992343 B1 6.500000%
B2 16162T KR6 1,000.0000000 5.416667 1.100767 6.517433 998.8992333 B2 6.500000%
B3 16162T KS4 1,000.0000000 5.416667 1.100770 6.517437 998.8992296 B3 6.500000%
B4 16162T KT2 1,000.0000000 5.416667 1.100773 6.517440 998.8992267 B4 6.500000%
B5 16162T KU9 1,000.0000000 5.416666 1.100766 6.517432 998.8992338 B5 6.500000%
-- ---------- ------------- -------- ------------ ------------ ------------ -- ---------
TOTALS 1,000.0000000 5.416046 4.586131 10.002177 995.4138688
-- ---------- ------------- -------- ------------ ------------ ------------ -- ---------
AX 1,000.00 0.774787 0.000000 0.774787 995.39 AX 0.929743%
</TABLE>
[Image] (Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-AS2
June 25, 1999
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 522,789.65
Aggregate Amount of Repurchase Proceeds 0.00
Group 1 Amount of Principal Prepayments 5,465.01
Group 1 Amount of Repurchase Proceeds 0.00
Group 2 Amount of Principal Prepayments 517,324.64
Group 2 Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 914,684.23
Group 1 Servicer Advances 174,916.54
Group 2 Servicer Advances 739,767.69
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 1,391
Ending Principal Balance of Outstanding Mortgage Loans 149,316,023.99
Group 1 Outstanding Mortgage Loans 243
Ending Principal Balance of Group 1 Mortgage Loans 24,157,637.09
Group 2 Outstanding Mortgage Loans 1,148
Ending Principal Balance of Group 2 Mortgage Loans 125,158,386.90
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 39,238.53
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 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-AS2
June 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 Total
-----------------------------------------
Number Principal Balance Percentage
------ ----------------- ----------
0 0.00 0.00%
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(ix) Aggregate Recovered Advances for Current Period 0.00
Sec. 6.02(a)(x) Class A Percentage 92.75%
Class M Percentage 3.50%
Class B Percentage 3.75%
Class A Principal Balance 139,127,285.00
Class M Principal Balance 5,250,000.00
Class B Principal Balance 5,626,676.40
NON-PO Class A Percentage 92.7482%
NON-PO Class A Prepayment Percentage 100.0000%
M Credit Support 3.75%
B1 Credit Support 2.00%
B2 Credit Support 1.20%
B3 Credit Support 0.75%
B4 Credit Support 0.50%
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
</TABLE>
