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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): March 11, 1999
--------------
Chase Mortgage Finance Corporation
- --------------------------------------------------------------------------------
(Exact name of registrant specified in Charter)
Delaware 333-56081 52-1495132
- --------------------------------------------------------------------------------
(State or other (Commission (IRS Employee
jurisdiction of File Number) Identification No.)
incorporation)
343 Thornall Street
Edison, NJ 08837
- --------------------------------------------------------------------------------
(Address of principal executive offices) Zip Code
Registrant's telephone, including area code: (732) 205-0600
- --------------------------------------------------------------------------------
(Former name and former address, if changed since last report)
<PAGE>
ITEM 5. Other Events
------------
Filing of Collateral Term Sheets
--------------------------------
Attached as Exhibit 99.1 are Collateral Term Sheets prepared by Chase
Mortgage Finance Corporation in connection with the offering of Chase Mortgage
Finance Corporation Multi-Class Mortgage Pass Through Certificates, Series
1999-S4.
<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
March 11, 1999
By: /s/ Eileen A. Lindblom
--------------------------
Name: Eileen A. Lindblom
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
Exhibit No. Description
- ----------- -----------
(99.1) Collateral Term Sheets
<PAGE>
Current Page: 1
[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
03-05-1999 11:37:10
1999-S4
Gross WAC Gross Adjustments
--------- -----------------
7.164 .001
STATE DISTRIBUTION
------------------
State Count Balance Percent
- ----- ----- ------- -------
CA 553 207,612,706.85 41.80
CT 24 8,060,597.14 1.62
FL 88 25,092,442.17 5.05
IL 29 9,134,274.16 1.84
NJ 40 10,797,365.95 2.17
NY 178 54,410,626.97 10.95
TX 51 17,390,337.98 3.50
Other 587 164,237,661.09 33.06
- --------------------------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
DOC TYPE DISTRIBUTION
---------------------
Doc Type Count Balance Percent
- -------- ----- ------- -------
FULL 1263 434,117,116.23 87.39
NIV 287 62,618,896.08 12.61
NO RATIO 0 .00 .00
NINA 0 .00 .00
ALT 0 .00 .00
Other 0 .00 .00
- --------------------------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
PROPERTY TYPE DISTRIBUTION
--------------------------
Property Type Count Balance Percent
- ------------- ----- ------- -------
Single Family 1085 343,711,252.49 69.19
Multi Family 26 9,879,101.45 1.99
COOP 33 8,047,328.53 1.62
PUD 336 115,686,442.34 23.29
Condo -High Rise 0 .00 .00
-Low Rise 0 .00 .00
-Condotels 0 .00 .00
-Unknown 55 15,104,883.27 3.04
Manufac. House 0 0 0
Other 15 4,307,004.23 .87
- --------------------------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
OCCUPANCY DISTRIBUTION
----------------------
Occupancy Count Balance Percent
- --------- ----- ------- -------
None 0 .00 .00
Primary 1508 482,516,340.54 97.14
Vacation 42 14,219,671.77 2.86
Investor 0 .00 .00
Other 0 .00 .00
- --------------------------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
PURPOSE DISTRIBUTION
--------------------
Purpose Count Balance Percent
- ------- ----- ------- -------
Cash Out Refi 488 155,790,211.46 31.36
Purchase 527 162,965,586.15 32.81
Rate Term Refi 535 177,980,214.70 35.83
Other 0 .00 .00
- --------------------------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
<PAGE>
Count Original Balance Current Balance Average Original Bal
- ----- ---------------- --------------- --------------------
1,550 497,103,106.00 496,736,012.31 320,711.68
WA Gross Rate Sched. WAM Actual WAM WALTV WALA
- ------------- ---------- ---------- ----- ----
7.163 358.255 358.064 73.668 .592
LOAN AMORTIZATION DISTRIBUTION
------------------------------
Actual Months to Maturity Count Balance Percent
- ------------------------- ----- ------- -------
1-24 Months (1 Mo.-2 Years) 0 .00 .00
25-48 Months (2-4 Years) 0 .00 .00
49-72 Months (4-6 Years) 0 .00 .00
73-96 Months (6-8 Years) 0 .00 .00
97-120 Months (8-10 Years) 0 .00 .00
121-144 Months (10-12 Years) 0 .00 .00
145-168 Months (12-14 Years) 1 249,957.66 .05
169-192 Months (14-16 Years) 4 1,016,823.11 .20
193-216 Months (16-18 Years) 1 289,719.16 .06
217-240 Months (18-20 Years) 6 1,772,189.51 .36
241-264 Months (20-22 Years) 0 .00 .00
265-288 Months (22-24 Years) 0 .00 .00
289-312 Months (24-26 Years) 9 1,965,796.29 .40
313-336 Months (26-28 Years) 2 1,112,155.89 .22
337+ Months (28+ Years) 1527 490,329,370.69 98.71
- --------------------------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
LOAN 1st PAYMENT DISTRIBUTION
-----------------------------
1st Payment Date Count Balance Percent
- ---------------- ----- ------- -------
0 Months Old 216 73,479,549.61 14.79
1 Month Old 958 304,990,970.57 61.40
2 Months Old 283 89,647,036.21 18.05
3 Months Old 51 15,377,743.09 3.10
4 Months Old 18 6,451,834.90 1.30
5 Months Old 16 4,225,237.21 .85
6 Months Old 5 1,055,640.82 .21
7 Months Old 1 497,624.09 .10
8 Months Old 0 .00 .00
9 Months Old 0 .00 .00
10 Months Old 0 .00 .00
11 Months Old 1 149,896.44 .03
12 Months Old 1 860,479.37 .17
1-2 Years (13-24 Months Old) 0 .00 .00
2-3 Years (25-36 Months Old) 0 .00 .00
3-4 Years (37-48 Months Old) 0 .00 .00
4-6 Years (49-72 Months Old) 0 .00 .00
6-8 Years (73-96 Months Old) 0 .00 .00
8-10 Years (97-120 Months Old) 0 .00 .00
10 + Years (121+ Months Old) 0 .00 .00
- --------------------------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
<PAGE>
Current Page: 1
- -------
[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
03-05-1999 11:37:10
Count Original Balance Current Balance Average Original Balance
----- ---------------- --------------- ------------------------
1999-S4 1,550 497,103,106.00 496,736,012.31 320,711.68
LTV DISTRIBUTION
----------------
LTV Count Balance Percent
- --- ----- ------- -------
0-50.00 78 24,515,733.57 4.94
50.01-60.00 95 34,222,535.39 6.89
60.01-70.00 246 77,437,743.14 15.59
70.01-75.00 248 85,644,068.25 17.24
75.01-80.00 717 230,143,423.54 46.33
80.01-85.00 19 6,421,018.94 1.29
85.01-90.00 77 23,454,855.73 4.72
90.01-95.00 70 14,896,633.75 3.00
95.01-100.00 0 .00 .00
100.01+ 0 .00 .00
- ---------------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
ORIGINAL BALANCE DISTRIBUTION
-----------------------------
Count Balance Percent
----- ------- -------
0-50,000.00 14 556,802.92 .11
50,000.01-100,000.00 100 7,822,041.41 1.57
100,000.01-150,000.00 111 13,922,042.33 2.80
150,000.01-200,000.00 72 12,397,343.91 2.50
200,000.01-225,000.00 53 11,295,466.39 2.27
225,000.01-227,150.00 5 1,131,224.92 .23
227,150.01-350,000.00 682 199,738,363.37 40.21
350,000.01-400,000.00 184 69,055,417.33 13.90
400,000.01-500,000.00 172 78,310,329.99 15.76
500,000.01-650,000.00 112 64,412,802.66 12.97
650,000.01-1,000,000.00 44 36,995,056.74 7.45
1,000,000.01+ 1 1,099,120.34 .22
- -------------------------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
NOTE RATE DISTRIBUTION
----------------------
<TABLE>
<CAPTION>
Note Gross WA Gross
- ---- ----- --------
Rate Adjmts Rate Cnt Balance Percent
- ---- ------ ----- --- ------- -------
<S> <C> <C> <C> <C> <C>
<5.750 .0000 .0000 0 .00 .00
5.750 .0000 .0000 0 .00 .00
5.875 .0000 .0000 0 .00 .00
6.000 .0000 .0000 0 .00 .00
6.125 .0000 .0000 0 .00 .00
6.250 .0000 6.2500 1 219,581.42 .04
6.375 .0000 6.3750 2 522,805.97 .11
6.500 .0000 6.5000 16 4,249,420.56 .86
6.625 .0000 6.6250 22 7,788,159.82 1.57
6.750 .0000 6.7500 79 26,445,315.03 5.32
6.875 .0000 6.8750 182 59,083,281.70 11.89
7.000 .0000 7.0000 289 95,491,288.08 19.22
7.125 .0000 7.1250 227 80,612,482.51 16.23
7.250 .0000 7.2500 285 92,832,079.28 18.69
7.375 .0000 7.3750 182 55,996,532.93 11.27
7.500 .0000 7.5000 134 40,364,786.50 8.13
7.625 .0000 7.6250 43 10,333,371.22 2.08
7.750 .0171 7.7329 37 10,922,399.48 2.20
7.875 .0269 7.8481 26 7,397,793.64 1.49
8.000 .0000 8.0000 14 2,262,177.81 .46
8.125 .0000 8.1250 1 91,040.40 .02
8.250 .1252 8.1248 4 766,143.84 .15
8.375 .0000 8.3750 3 796,261.32 .16
8.500 .0000 8.5000 2 336,223.64 .07
8.625 .0000 8.6250 1 224,867.16 .05
8.750 .0000 .0000 0 .00 .00
8.875 .0000 .0000 0 .00 .00
9.000 .0000 .0000 0 .00 .00
9.125 .0000 .0000 0 .00 .00
9.250 .0000 .0000 0 .00 .00
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Note Gross WA Gross
- ---- ----- --------
Rate Adjmts Rate Cnt Balance Percent
- ---- ------ ----- --- ------- -------
<S> <C> <C> <C> <C> <C>
9.375 .0000 .0000 0 .00 .00
9.500 .0000 .0000 0 .00 .00
9.625 .0000 .0000 0 .00 .00
9.750 .0000 .0000 0 .00 .00
9.875 .0000 .0000 0 .00 .00
10.000 .0000 .0000 0 .00 .00
10.125 .0000 .0000 0 .00 .00
10.250 .0000 .0000 0 .00 .00
10.375 .0000 .0000 0 .00 .00
10.500 .0000 .0000 0 .00 .00
10.625 .0000 .0000 0 .00 .00
10.750 .0000 .0000 0 .00 .00
10.875 .0000 .0000 0 .00 .00
11.000 .0000 .0000 0 .00 .00
11.125 .0000 .0000 0 .00 .00
11.250 .0000 .0000 0 .00 .00
11.375 .0000 .0000 0 .00 .00
11.500 .0000 .0000 0 .00 .00
11.625 .0000 .0000 0 .00 .00
11.750 .0000 .0000 0 .00 .00
11.875 .0000 .0000 0 .00 .00
12.000 .0000 .0000 0 .00 .00
12.125 .0000 .0000 0 .00 .00
12.250 .0000 .0000 0 .00 .00
12.375 .0000 .0000 0 .00 .00
12.500 .0000 .0000 0 .00 .00
12.625 .0000 .0000 0 .00 .00
12.750 .0000 .0000 0 .00 .00
12.875 .0000 .0000 0 .00 .00
>12.875 .0000 .0000 0 .00 .00
Other: WAC 0 .0000 .0000 0 .00 .00
- -----------------------------------------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
</TABLE>
<PAGE>
Current Page 1
- -------
[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
03-05-1999 11:10
1999-S4 Count Original Balance Current Balance Average Original Bal
----- ---------------- --------------- --------------------
1,550 497,103,106.00 496,736,012.31 320,711.68
FICO CREDIT SCORES
------------------
FICOScore Count Balance Percent
--------- ----- ------- -------
0-1/Unknown 48 14,604,806.31 2.94
2 - 500 6 1,365,990.04 .27
500.01- 600 22 6,838,535.18 1.38
600.01- 620 33 10,370,593.19 2.09
620.01- 640 104 28,095,477.07 5.66
640.01- 660 141 39,259,083.46 7.90
660.01- 680 169 50,688,678.42 10.20
680.01- 700 173 57,129,842.80 11.50
700.01- 720 216 72,410,075.20 14.58
720.01- 740 185 61,433,942.89 12.37
740.01- 760 212 69,555,608.48 14.00
760.01- 780 170 57,981,892.39 11.67
780.01- 800 62 23,827,519.34 4.80
800.01- 820 7 2,378,838.52 .48
820+ 2 795,129.02 .16
- ----------- ---- -------------- ------
TOTAL 1550 496,736,012.31 100.00
Max Score: 999 Min Score: 7
Wtd Avg. Score (FICO>1): 708
UNINSURED LOANS (NO MI) BY LTV
------------------------------
LTV Count Balance Percent
--- ----- ------- -------
<80.01 1,383 451,495,869.15 90.89
80.01- 85.00 0 .00 .00
85.01- 90.00 1 151,887.19 .03
90.01- 95.00 0 .00 .00
95.01- 100.00 0 .00 .00
100.01+ 0 .00 .00
- ------------------------------------------------------------------
AGG UNINSURED 1,384 451,647,756.34 90.92
AGG INSURED 166 45,088,255.97 9.08
- ------------------------------------------------------------------
TOTAL 1,550 496,736,012.31 100.00
INTL/DOMESTIC BORROWERS DISTRIBUTION
------------------------------------
Int'l/Domes Count Balance Percent
----------- ----- ------- -------
International 0 .00 .00
Domestic 1,550 496,736,012.31 100.00
- ------------------------------------------------------------------
TOTAL 1550 496,736,012.31 100.00
<PAGE>
FULL STATE DISTRIBUTION
-----------------------
State Count Balance Percent
- ----- ----- ------- -------
AL 5 1,198,691.92 .24
AR 2 665,792.49 .13
AZ 28 7,694,370.76 1.55
CA 553 207,612,706.85 41.80
CO 45 15,591,094.22 3.14
CT 24 8,060,597.14 1.62
DC 4 1,270,566.45 .26
DE 3 1,068,943.88 .22
FL 88 25,092,442.17 5.05
GA 60 17,909,321.50 3.61
HI 2 778,323.95 .16
IA 3 771,927.55 .16
ID 0 .00 .00
IL 29 9,134,274.16 1.84
IN 4 874,949.69 .18
KS 0 .00 .00
KY 0 .00 .00
LA 4 1,428,996.78 .29
MA 23 7,474,471.58 1.50
MD 30 8,213,934.90 1.65
ME 0 .00 .00
MI 62 13,704,242.04 2.76
MN 8 2,180,842.18 .44
MO 2 640,539.35 .13
MS 3 991,549.53 .20
MT 1 247,693.86 .05
FULL STATE DISTRIBUTION
-----------------------
State Count Balance Percent
- ----- ----- ------- -------
NC 21 4,829,538.95 .97
ND 0 .00 .00
NE 2 236,300.00 .05
NH 2 656,741.52 .13
NJ 40 10,797,365.95 2.17
NM 7 1,969,729.91 .40
NV 11 4,139,872.88 .83
NY 178 54,410,626.97 10.95
OH 27 4,022,873.16 .81
OK 11 2,574,361.65 .52
OR 24 7,614,648.01 1.53
PA 49 12,540,673.26 2.52
RI 2 227,315.30 .05
SC 14 3,999,577.57 .81
SD 0 .00 .00
TN 10 1,674,664.16 .34
TX 51 17,390,337.98 3.50
UT 13 4,551,849.97 .92
VA 43 12,132,995.51 2.44
VT 1 195,000.00 .04
WA 54 18,583,679.96 3.74
WI 3 1,026,208.94 .21
WV 3 440,408.92 .09
WY 1 114,968.79 .02
UNKNOWN 0 .00 .00
- --------------------------------------------------------------
TOTAL: 1550 496,736,012.31 100.00
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