CHASE MORTGAGE FINANCE CORP
8-K, 1999-09-13
ASSET-BACKED SECURITIES
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<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549




                                    Form 8-K





                Current Report Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


      Date of Report (Date of earliest event reported): September 13, 1999
                                                        ------------------


                       Chase Mortgage Finance Corporation
- --------------------------------------------------------------------------------
                 (Exact name of registrant specified in Charter)

         Delaware                  333-76801                   52-1495132
- --------------------------------------------------------------------------------
      (State or other             (Commission                (IRS Employer
      jurisdiction of             File Number)            Identification No.)
      incorporation)

                    343 Thornall Street
                         Edison, NJ                                08837
- --------------------------------------------------------------------------------
          (Address of principal executive offices)                Zip Code

           Registrant's telephone, including area code: (732) 205-0600

                                 Not Applicable
- --------------------------------------------------------------------------------
         (Former name and former address, if changed since last report)








<PAGE>



ITEM 5.           Other Events
                  -------------

                  Filing of Collateral Term Sheets
                  --------------------------------

         Attached as Exhibit 99.1 are Collateral Term Sheets prepared by Chase
Mortgage Finance Corporation in connection with the offering of Chase Mortgage
Finance Corporation Multi-Class Mortgage Pass-Through Certificates, Series
1999-S13.




























<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: September 13, 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
                                                   -----        ----------------      ---------------        --------------------
                                                     520        156,606,849.00        158,416,992.19               305,013.17

       Gross WAC         Gross Adjustments       WA Gross Rate     Sched. WAM      Actual WAM             WALTV          WALA
       ---------         -----------------       -------------     ----------      ----------             -----          ----
           7.247                      .000               7.247        179.019        178.781             67.824          .133

                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                 61   25,786,870.01      16.28               1-24 Months (1 Mo-2 Years)       0              .00         .00
CT                  5    1,643,725.43       1.04              25-48 Months (2-4 Years)          0              .00         .00
FL                 67   19,009,804.33      12.00              49-72 Months (4-6 Years)          0              .00         .00
IL                 18    6,895,627.08       4.35              73-96 Months (6-8 Years)          0              .00         .00
NJ                 26    8,410,560.23       5.31              97-120 Months (8-10 Years)        8     2,239,236.60        1.41
NY                112   33,153,533.15      20.93             121-144 Months (10-12 Years)       0              .00         .00
TX                 43   14,859,122.05       9.38             145-168 Months (12-14 Years)       0              .00         .00
Other             188   48,657,749.91      30.71             169-192 Months (14-16 Years)     512   156,177,755.59       98.59
- ------------------------------------------------             193-216 Months (16-18 Years)       0              .00         .00
TOTAL:            520  158,416,992.19     100.00             217-240 Months (18-20 Years)       0              .00         .00
                                                             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              .00         .00
                                                             313-336 Months (26-28 Years)       0              .00         .00
Doc Type        Count         Balance    Percent             337+ Months (28+ Years)            0              .00         .00
- --------        -----         -------    -------             -----------------------------------------------------------------
FULL              347  127,880,249.98      80.72             TOTAL:                           520   158,416,992.19      100.00
NIV               173   30,536,742.21      19.28
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:            520  158,416,992.19     100.00             ----------------              -----           -------     -------
                                                              0 Months Old                   437    134,559,801.00       84.94
           PROPERTY TYPE DISTRIBUTION                         1 Month Old                     56     15,844,134.77       10.00
           --------------------------                         2 Months Old                    15      4,049,997.25        2.56
                                                              3 Months Old                    10      3,346,725.95        2.11
Property Type   Count         Balance    Percent              4 Months Old                     1        175,982.69         .11
- -------------   -----         -------    -------              5 Months Old                     1        440,350.53         .28
Single Family     353  105,424,338.28      66.55              6 Months Old                     0               .00         .00
Multi Family        4    1,651,217.83       1.04              7 Months Old                     0               .00         .00
COOP               24    6,170,023.23       3.89              8 Months Old                     0               .00         .00
PUD                98   33,159,629.82      20.93              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     26    6,931,543.62       4.38             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              15    5,080,239.41       3.21             6-8 Years (73-96 Months Old)      0               .00         .00
- ------------------------------------------------             8-10 Years (97-120 Months Old)    0               .00         .00
TOTAL:            520  158,416,992.19     100.00             10+ Years (121+ Months Old)       0               .00         .00
                                                             --------------------------------------------------------------------
            OCCUPANCY DISTRIBUTION                           TOTAL:                          520    158,416,992.19      100.00
            ----------------------

Occupany        Count         Balance    Percent
- --------        -----         -------    -------
None                0             .00        .00
Primary           489  147,065,285.62      92.83
Vacation           31   11,351,706.57       7.17
Investor            0             .00        .00
Other               0             .00        .00
- ------------------------------------------------
TOTAL:            520  158,416,992.19     100.00

             PURPOSE DISTRIBUTION
             --------------------

Purpose         Count         Balance    Percent
- -------         -----         -------    -------
Cash Out Refi    163    47,347,340.35      29.89
Purchase         213    70,494,090.28      44.50
Rate Term Refi   144    40,575,561.56      25.61
Other              0              .00        .00
- ------------------------------------------------
TOTAL:           520   158,416,992.19     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
                                                   -----        ----------------      ---------------        --------------------
                                                     520        158,606,849.00        158,416,992.19               305,013.17

              LTV DISTRIBUTION                                             ORIGINAL BALANCE DISTRIBUTION
              ----------------                                             -----------------------------
<S>          <C>            <C>          <C>              <C>                      <C>                <C>              <C>
LTV          Count           Balance     Percent                                  Count               Balance           Percent
- ---          -----           -------     -------                                  -----               -------           -------
0-50.00         87     20,944,369.66       13.22          0-50,000.00                24          1,002,219.32               .63
50.01-60.00     53     17,011,462.74       10.74          50,000.01-100,000.00       66          5,102,306.75              3.22
60.01-70.00    120     36,318,521.90       22.93          100,000.01-150,000.00      47          6,005,403.49              3.79
70.01-75.00    101     33,685,200.61       21.26          150,000.01-200,000.00      31          5,390,728.84              3.40
75.01-80.00    141     46,067,071.67       29.08          200,000.01-225,000.00      12          2,551,582.84              1.61
80.01-85.00      8      2,666,266.04        1.68          225,000.01-240,000.00       4            932,500.00               .59
85.01-90.00      4      1,045,250.00         .66          240,000.01-350,000.00     157         47,539,787.89             30.01
90.01-95.00      6        678,849.57         .43          350,000.01-400,000.00      53         20,019,497.64             12.64
95.01-100.00     0               .00         .00          400,000.01-500,000.00      61         27,897,624.33             17.61
100.01+          0               .00         .00          500,000.01-650,000.00      49         28,470,074.41             17.97
- -------------------------------------------------         650,000.01-1,000,000.00    16         13,505,266.68              8.53
TOTAL:         520    158,416,992.19      100.00          1,000,000.01+               0                   .00               .00
                                                          ---------------------------------------------------------------------
                                                          TOTAL:                    520        158,416,992.19            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     6.0000     1     175,982.69       .11   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     560,000.00       .35  10.125       .0000      .0000       0                .00         .00
6.500    .0000     6.5000     8   2,140,875.41      1.35  10.250       .0000      .0000       0                .00         .00
6.625    .0000     6.6250    13   4,680,175.38      2.95  10.375       .0000      .0000       0                .00         .00
6.750    .0000     6.7500    30  11,259,719.21      7.11  10.500       .0000      .0000       0                .00         .00
6.875    .0000     6.8750    54  20,216,169.57     12.76  10.625       .0000      .0000       0                .00         .00
7.000    .0000     7.0000    50  17,967,549.75     11.34  10.750       .0000      .0000       0                .00         .00
7.125    .0000     7.1250    31  10,337,556.17      6.53  10.875       .0000      .0000       0                .00         .00
7.250    .0000     7.2500    66  21,252,515.95     13.42  11.000       .0000      .0000       0                .00         .00
7.375    .0000     7.3750    54  15,606,576.59      9.85  11.125       .0000      .0000       0                .00         .00
7.500    .0000     7.5000    91  25,061,707.65     15.82  11.250       .0000      .0000       0                .00         .00
7.625    .0000     7.6250    37  10,870,972.46      6.86  11.375       .0000      .0000       0                .00         .00
7.750    .0000     7.7500    35   7,733,819.83      4.88  11.500       .0000      .0000       0                .00         .00
7.875    .0000     7.8750    28   6,437,046.45      4.06  11.625       .0000      .0000       0                .00         .00
8.000    .0000     8.0000    10   1,528,200.00       .96  11.750       .0000      .0000       0                .00         .00
8.125    .0000     8.1250     6   1,614,010.08      1.02  11.875       .0000      .0000       0                .00         .00
8.250    .0000     8.2500     3     560,400.00       .35  12.000       .0000      .0000       0                .00         .00
8.375    .0000     8.3750     1     315,000.00       .20  12.125       .0000      .0000       0                .00         .00
8.500    .0000     8.5000     1      98,715.00       .06  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 0            .0000      .0000       0                .00         .00
                                                          --------------------------------------------------------------------
                                                          TOTAL:                            520     158,416,992.19      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
                                                   -----        ----------------      ---------------        --------------------
                                                     520        158,606,849.00        158,416,992.19               305,013.17

<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     66      19,108,044.31       12.06           <80.01              502       154,026,626.58      97.23
  2   -500       1         528,500.00         .33           80.01-85.00           3           762,400.00        .48
500.01-600       8       1,394,991.06         .88           85.01-90.00           2           404,000.00        .26
600.01-700     169      47,198,381.73       29.79           90.01-95.00           1            76,000.00        .05
700.01-800     275      90,160,775.09       56.91           95.01-100.00          0                  .00        .00
800.01+          1          26,300.00         .02           100.01+               0                  .00        .00
- -------------------------------------------------           -------------------------------------------------------
TOTAL          520     158,416,992.19      100.00           AGG UNINSURED       508       155,269,026.58      98.01
Max Score: 820            Min Score:  73                    AGG INSURED          12         3,147,965.61       1.99
Wtd Avg. Score (FICO > 1): 716                              -------------------------------------------------------
                                                            TOTAL               520       158,416,992.19     100.00

                                                                   INTL/DOMESTIC BORROWERS DISTRIBUTION
                                                                   ------------------------------------

                                                                Int'l/Domes   Count            Balance      Percent
                                                                -----------   -----            -------      -------
                                                                International     0                .00          .00
                                                                Domestic        520     158,416,992.19       100.00
                                                                ---------------------------------------------------
                                                                TOTAL:          520     158,416,992.19       100.00

                                                   FULL STATE DISTRIBUTION
                                                   -----------------------

State   Count            Balance     Percent          State   Count           Balance        Percent
- -----   -----            -------     -------          -----   -----           -------        -------
AL          1         369,305.47         .23          NC          7      1,191,300.00            .75
AR          0                .00         .00          ND          0               .00            .00
AZ         12       4,429,630.68        2.80          NE          1         52,000.00            .03
CA         61      25,786,870.01       16.28          NH          0               .00            .00
CO         11       4,245,349.53        2.68          NJ         26      8,410,560.23           5.31
CT          5       1,643,725.43        1.04          NM          0               .00            .00
DC          1         476,000.00         .30          NV          0               .00            .00
DE          1         136,092.25         .09          NY        112     33,153,533.15          20.93
FL         67      19,009,804.33       12.00          OH          6        433,985.46            .27
GA         18       3,795,944.83        2.40          OK          8        953,475.67            .60
HI          3       1,220,665.17         .77          OR          7      1,785,583.96           1.13
IA          0                .00         .00          PA         18      5,192,058.23           3.28
ID          2         409,038.50         .26          RI          1        150,000.00            .09
IL         18       6,895,627.08        4.35          SC          6      1,630,779.70           1.03
IN          5       1,123,104.16         .71          SD          1        276,000.00            .17
KS          0                .00         .00          TN          5        453,922.23            .29
KY          2         607,112.54         .38          TX         43     14,859,122.05           9.38
LA          0                .00         .00          UT          2        769,870.79            .49
MA         11       2,944,791.34        1.86          VA          5      1,508,500.00            .95
MD         12       2,743,506.08        1.73          VT          0               .00            .00
ME          1         413,718.91         .26          WA         10      3,437,522.08           2.17
MI         22       5,266,842.33        3.32          WI          0               .00            .00
MN          3         862,650.00         .54          WV          0               .00            .00
MO          3       1,264,000.00         .80          WY          0               .00            .00
MS          1         285,000.00         .18          UNKNOWN     0               .00            .00
MT          2         230,000.00         .15          ----------------------------------------------
                                                      TOTAL:    520    158,416,992.19         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
                                                   -----        ----------------      ---------------        --------------------
                                                     520        158,606,849.00        158,416,992.19               305,013.17


<S>         <C>                <C>               <C>     <C>                 <C>                    <C>


             FICO CREDIT SCORES                                           FASB BASIS AMOUNTS
             ------------------                                           ------------------
FICOScore    Count            Balance     Percent               Maximum:   7,557.02     Minimum:   99.57
- ---------    -----             ------     -------               WA FASB Basis (FASB >0): 1,752.97
0-1/Unknown     66      19,108,044.31       12.06
  2   -500       1         528,500.00         .33
500.01-600       8       1,394,991.06         .88
600.01-620       9       3,332,950.00        2.10
620.01-640      22       4,948,693.62        3.12
640.01-660      35       9,833,980.82        6.21
660.01-680      53      14,895,628.42        9.40
680.01-700      50      14,187,128.87        8.96
700.01-720      49      15,791,069.64        9.97
720.01-740      57      18,333,236.87       11.57
740.01-760      70      22,254,607.50       14.05
760.01-780      67      23,296,629.84       14.71
780.01-800      32      10,485,231.24        6.62
800.01-820       1          26,300.00         .02
820+             0                .00         .00
- -------------------------------------------------
TOTAL          520     158,416,992.19      100.00
Max Score: 820            Min Score:  73
Wtd Avg. Score (FICO > 1): 716


</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.




























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