CHASE MORTGAGE FINANCE CORP
8-K, 1999-01-21
ASSET-BACKED SECURITIES
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                       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: January 21, 1999
(Date of earliest event reported)

Commission File No. 333-56081



                       Chase Mortgage Finance Corporation
- --------------------------------------------------------------------------------



         Delaware                                        52-1495132
- --------------------------------------------------------------------------------
(State of Incorporation)                    (I.R.S. Employer Identification No.)


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



                                 (732) 205-0600
- --------------------------------------------------------------------------------
               Registrant's Telephone Number, including area code



- --------------------------------------------------------------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)


<PAGE>

ITEM 5. Other Events

     Attached as an exhibit are the  Computational  Materials (as defined in the
no-action  letter  dated May 20,  1994  issued by the  Securities  and  Exchange
Commission to Kidder,  Peabody Acceptance  Corporation-I,  Kidder, Peabody & Co.
Incorporated  and  Kidder  Structured  Asset  Corporation)  prepared  by  Lehman
Brothers Inc., which are hereby filed pursuant to such letter.


<PAGE>

ITEM 7. Financial Statements and Exhibits

     (c) Exhibits


Item 601(a)
of Regulation S-K
Exhibit No.                             Description
- -----------------                       -----------

(99)                                    Computational Materials prepared by
                                        Lehman Brothers Inc. in connection with
                                        Chase Mortgage Finance Corporation,
                                        Multi-Class Mortgage Pass-Through
                                        Certificates, Series 1999-S1


<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


January 21, 1999

                                        By: /s/ Eileen Lindblom
                                            -------------------------------
                                            Name:  Eileen Lindblom
                                            Title: Vice President


<PAGE>

                                INDEX TO EXHIBITS



                                                                  Paper (P) or
Exhibit No.           Description                                 Electronic (E)
- -----------           -----------                                 --------------

  (99)                Computational Materials                           P
                      prepared by Lehman Brothers Inc.
                      in connection with Chase Mortgage
                      Finance Corporation, Multi-Class
                      Mortgage Pass-Through
                      Certificates, Series 1999-S1




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