<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): August 18, 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-S12.
<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: August 20, 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
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[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
07-30-1999 10:21:08
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal WALTV WALA WA Gross Rate Sched. WAM Actual WAM
- ----- ---------------- --------------- -------------------- ----- ---- ------------- ---------- ----------
1,018 317,795,611.00 317,737,582.86 312,176.44 74.209 .047 7.759 356.245 356.069
STATE DISTRIBUTION LOAN AMORTIZATION DISTRIBUTION
------------------ ------------------------------
State Count Balance Percent Actual Months to Maturity Count Balance Percent
- ----- ----- ------- ------- ------------------------- ----- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C>
CA 172 63,517,192.97 19.99 1-24 Months (1 Mo-2 Years) 9 2,373,300.00 .75
CT 12 4,368,850.00 1.37 25-48 Months (2-4 Years) 0 .00 .00
FL 85 23,837,857.54 7.50 49-72 Months (4-6 Years) 0 .00 .00
IL 25 7,001,950.77 2.20 73-96 Months (6-8 Years) 0 .00 .00
NJ 56 17,373,242.29 5.47 97-120 Months (8-10 Years) 0 .00 .00
NY 161 57,054,595.03 17.96 121-144 Months (10-12 Years) 0 .00 .00
TX 53 18,190,761.43 5.73 145-168 Months (12-14 Years) 0 .00 .00
Other 454 126,393,132.83 39.78 169-192 Months (14-16 Years) 1 519,050.00 .16
- -------------------------------------------------------- 193-216 Months (16-18 Years) 0 .00 .00
TOTAL: 1018 317,737,582.86 100.00 217-240 Months (18-20 Years) 9 1,615,230.94 .51
241-264 Months (20-22 Years) 1 305,000.00 .10
DOC TYPE DISTRIBUTION 265-288 Months (22-24 Years) 0 .00 .00
--------------------- 289-312 Months (24-26 Years) 1 387,587.53 .12
Doc Type Count Balance Percent 313-336 Months (26-28 Years) 0 .00 .00
- -------- ----- ------- ------- 337+ Months (28+ Years) 997 312,537,414.39 98.36
FULL 790 268,948,184.48 84.64 -------------------------------------------------------------------
NIV 228 48,789,398.38 15.36 TOTAL: 1018 317,737,582.86 100.00
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: 1018 317,737,582.86 100.00 0 Months Old 973 303,664,668.55 95.57
1 Month Old 32 9,840,607.71 3.10
PROPERTY TYPE DISTRIBUTION 2 Months Old 8 2,804,070.77 .88
-------------------------- 3 Months Old 1 259,937.38 .08
Property Type Count Balance Percent 4 Months Old 0 .00 .00
- ------------- ----- ------- ------- 5 Months Old 0 .00 .00
Single Family 768 240,365,495.90 75.65 6 Months Old 2 549,694.49 .17
Multi Family 17 6,989,100.00 2.20 7 Months Old 0 .00 .00
COOP 22 6,068,055.84 1.91 8 Months Old 0 .00 .00
PUD 142 45,438,957.80 14.30 9 Months Old 0 .00 .00
Condo -High Rise 0 .00 .00 10 Months Old 1 387,587.53 .12
-Low Rise 0 .00 .00 11 Months Old 1 231,016.43 .07
-Condotels 0 .00 .00 12 Months Old 0 .00 .00
-Unknown 37 9,265,501.35 2.92 1-2 Years (13-24 Months Old) 0 .00 .00
Manufac. House 0 0 0 2-3 Years (25-36 Months Old) 0 .00 .00
Other 32 9,610,471.97 3.02 3-4 Years (37-48 Months Old) 0 .00 .00
- -------------------------------------------------------- 4-6 Years (49-72 Months Old) 0 .00 .00
TOTAL: 1018 317,737,582.86 100.00 6-8 Years (73-96 Months Old) 0 .00 .00
8-10 Years (97-120 Months Old) 0 .00 .00
OCCUPANCY DISTRIBUTION 10 + Years (121+ Months Old) 0 .00 .00
---------------------- -------------------------------------------------------------------
Occupancy Count Balance Percent TOTAL: 1018 317,737,582.86 100.00
- --------- ----- ------- -------
None 9 2,373,300.00 .75
Primary 985 308,657,280.62 97.14
Vacation 24 6,707,002.24 2.11
Investor 0 .00 .00
Other 0 .00 .00
- --------------------------------------------------------
TOTAL: 1018 317,737,582.86 100.00
PURPOSE DISTRIBUTION
--------------------
Purpose Count Balance Percent
- ------- ----- ------- -------
Cash Out Refi 184 54,088,062.68 17.02
Purchase 657 215,003,232.36 67.67
Rate Term Refi 177 48,646,287.82 15.31
Other 0 .00 .00
- --------------------------------------------------------
TOTAL: 1018 317,737,582.86 100.00
</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>
Current Page: 2
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[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
07-30-1999 10:21:08
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal WALTV WALA WA Gross Rate Sched. WAM Actual WAM
- ----- ---------------- --------------- -------------------- ----- ---- ------------- ---------- ----------
1,018 317,795,611.00 317,737,582.86 312,176.44 74.209 .047 7.759 356.245 356.069
LTV DISTRIBUTION ORIGINAL BALANCE DISTRIBUTION
---------------- -----------------------------
LTV Count Balance Percent Count Balance Percent
- --- ----- ------- ------- ----- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C>
0-50.00 49 12,493,889.54 3.93 0-50,000.00 8 334,350.00 .11
50.01-60.00 65 25,242,505.07 7.94 50,000.01-100,000.00 84 6,639,149.04 2.09
60.01-70.00 134 41,749,320.76 13.14 100,000.01-150,000.00 98 12,165,976.02 3.83
70.01-75.00 179 61,787,074.42 19.45 150,000.01-200,000.00 71 12,624,740.43 3.97
75.01-80.00 467 141,743,926.99 44.61 200,000.01-225,000.00 35 7,416,969.30 2.33
80.01-85.00 15 5,603,200.00 1.76 225,000.01-240,000.00 20 4,686,916.43 1.48
85.01-90.00 61 18,472,502.68 5.81 240,000.01-350,000.00 395 116,353,856.16 36.62
90.01-95.00 48 10,645,163.40 3.35 350,000.01-400,000.00 109 41,228,760.93 12.98
95.01-100.00 0 .00 .00 400,000.01-500,000.00 92 41,570,250.71 13.08
100.00+ 0 .00 .00 500,000.01-650,000.00 59 34,543,084.44 10.87
- --------------------------------------------------------- 650,000.01-1,000,000.00 46 38,673,529.40 12.17
TOTAL: 1018 317,737,582.86 100.00 1,000,000.00+ 1 1,500,000.00 .47
-----------------------------------------------------------------
TOTAL: 1018 317,737,582.86 100.00
NOTE RATE DISTRIBUTION
----------------------
Note Gross WA Gross Note Gross WA Gross
- ---- ----- -------- ---- ----- --------
Rate Adjmts Rate Cnt Balance Percent Rate Adjmts Rate Cnt Balance Percent
- ---- ------ ---- --- ------- ------- ---- ------ ---- --- ------- -------
<5.750 .0000 .0000 0 .00 .00 9.375 .0000 .0000 0 .00 .00
5.750 .0000 .0000 0 .00 .00 9.500 .0000 .0000 0 .00 .00
5.875 .0000 .0000 0 .00 .00 9.625 .0000 .0000 0 .00 .00
6.000 .0000 .0000 0 .00 .00 9.750 .0000 .0000 0 .00 .00
6.125 .0000 .0000 0 .00 .00 9.875 .0000 .0000 0 .00 .00
6.250 .0000 6.2500 1 86,550.00 .03 10.000 .0000 .0000 0 .00 .00
6.375 .0000 .0000 0 .00 .00 10.125 .0000 .0000 0 .00 .00
6.500 .0000 .0000 0 .00 .00 10.250 .0000 .0000 0 .00 .00
6.625 .0000 .0000 0 .00 .00 10.375 .0000 .0000 0 .00 .00
6.750 .0000 6.7500 4 1,505,121.17 .47 10.500 .0000 .0000 0 .00 .00
6.875 .0000 6.8750 7 1,754,967.82 .55 10.625 .0000 .0000 0 .00 .00
7.000 .0000 7.0000 20 7,042,048.63 2.22 10.750 .0000 .0000 0 .00 .00
7.125 .0000 7.1250 27 10,060,651.48 3.17 10.875 .0000 .0000 0 .00 .00
7.250 .0000 7.2500 59 21,090,866.01 6.64 11.000 .0000 .0000 0 .00 .00
7.375 .0000 7.3750 61 21,034,536.62 6.62 11.125 .0000 .0000 0 .00 .00
7.500 .0000 7.5000 94 29,968,770.74 9.43 11.250 .0000 .0000 0 .00 .00
7.625 .0000 7.6250 104 32,828,466.54 10.33 11.375 .0000 .0000 0 .00 .00
7.750 .0000 7.7500 134 44,382,089.53 13.97 11.500 .0000 .0000 0 .00 .00
7.875 .0000 7.8750 154 48,661,484.39 15.31 11.625 .0000 .0000 0 .00 .00
8.000 .0000 8.0000 128 39,131,215.00 12.32 11.750 .0000 .0000 0 .00 .00
8.125 .0000 8.1250 78 21,869,564.93 6.88 11.875 .0000 .0000 0 .00 .00
8.250 .0000 8.2500 64 18,035,800.00 5.68 12.000 .0000 .0000 0 .00 .00
8.375 .0000 8.3750 40 11,410,000.00 3.59 12.125 .0000 .0000 0 .00 .00
8.500 .0000 8.5000 28 6,122,850.00 1.93 12.250 .0000 .0000 0 .00 .00
8.625 .0000 8.6250 8 1,364,500.00 .43 12.375 .0000 .0000 0 .00 .00
8.750 .0000 8.7500 3 307,800.00 .10 12.500 .0000 .0000 0 .00 .00
8.875 .0000 8.8750 1 519,050.00 .16 12.625 .0000 .0000 0 .00 .00
9.000 .0000 9.0000 2 561,250.00 .18 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: 1081 317,737,582.86 100.00
</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>
Current Page: 3
- ------- 07-30-1999 10:21:08
[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal WALTV WALA WA Gross Rate Sched. WAM Actual WAM
- ----- ---------------- --------------- -------------------- ----- ---- ------------- ---------- ----------
1,018 317,795,611.00 317,737,582.86 312,176.44 74.209 .047 7.759 356.245 356.069
FICO CREDIT SCORES UNINSURED LOANS (NO MI) BY LTV
------------------ ------------------------------
FICOScore Count Balance Percent LTV Count Balance Percent
- --------- ----- ------- ------- --- ----- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C>
0-1/Unknown 266 80,212,076.49 25.24 <80.01 894 283,016,716.78 89.07
2-500 0 .00 .00 80.01-85.00 10 4,014,950.00 1.26
500.01-600 15 3,631,880.04 1.14 85.01-90.00 40 11,971,100.00 3.77
600.01-700 304 83,351,399.81 26.23 90.01-95.00 26 5,815,029.00 1.83
700.01-800 428 148,998,179.59 46.89 95.01-100.00 0 .00 .00
800+ 5 1,544,046.83 .49 100.01+ 0 .00 .00
- ---------- ---- -------------- ----- ----------------------------------------------------------
TOTAL 1018 317,737,582.86 100.00 AGG UNINSURED 970 304,817,795.78 95.93
Max Score: 999 Min Score: 534 AGG INSURED 48 12,919,787.08 4.07
Wtd Avg. Score (FICO>1): 716 ----------------------------------------------------------
TOTAL 1,018 317,737,582.86 100.00
INTL/DOMESTIC BORROWERS DISTRIBUTION
------------------------------------
Int'l/Domes Count Balance Percent
----------- ----- ------- -------
International 0 .00 .00
Domestic 1,018 317,737,582.86 100.00
----------------------------------------------------------
TOTAL 1018 317,737,582.86 100.00
FULL STATE DISTRIBUTION
-----------------------
State Count Balance Percent State Count Balance Percent
- ----- ----- ------- ------- ----- ----- ------- -------
AL 1 311,400.00 .10 NC 19 5,781,307.04 1.82
AR 0 .00 .00 ND 0 .00 .00
AZ 12 3,427,950.00 1.08 NE 1 499,000.00 .16
CA 172 63,517,192.97 19.99 NH 2 535,600.00 .17
CO 19 6,520,635.04 2.05 NJ 56 17,373,242.29 5.47
CT 12 4,368,850.00 1.37 NM 9 2,990,600.00 .94
DC 8 2,608,532.58 .82 NV 10 3,252,150.00 1.02
DE 7 1,812,250.00 .57 NY 161 57,054,595.03 17.96
FL 85 23,837,857.54 7.50 OH 13 1,648,350.00 .52
GA 49 14,767,961.29 4.65 OK 4 909,300.00 .29
HI 1 232,000.00 .07 OR 4 1,409,110.49 .44
IA 1 304,000.00 .10 PA 41 9,760,850.00 3.07
ID 0 .00 .00 RI 4 949,000.00 .30
IL 25 7,001,950.77 2.20 SC 16 4,865,885.53 1.53
IN 3 704,750.00 .22 SD 0 .00 .00
KS 2 283,150.00 .09 TN 6 1,517,050.00 .48
KY 4 1,226,900.00 .39 TX 53 18,190,761.43 5.73
LA 10 2,633,529.56 .83 UT 8 2,884,237.13 .91
MA 12 4,505,340.00 1.42 VA 59 16,592,276.06 5.22
MD 41 12,111,508.80 3.81 VT 0 .00 .00
ME 0 .00 .00 WA 27 8,896,657.66 2.80
MI 27 4,259,974.93 1.34 WI 3 438,593.54 .14
MN 4 1,443,000.00 .45 WV 0 .00 .00
MO 14 3,314,683.18 1.04 WY 1 93,900.00 .03
MS 1 300,000.00 .09 UNKNOWN 11 2,601,700.00 .82
MT 0 .00 .00 --------------------------------------------------
TOTAL: 1081 317,737,582.86 100.00
</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.
