<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 10549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: April 26, 1999
CHASE MORTGAGE FINANCE CORPORATION
- --------------------------------------------------------------------------------
(Exact Name of Registrant)
Delaware 33-92950 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 4/26/99, 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 and
1999-AS1 contemplated by the applicable Pooling and Servicing Agreements for
such Series (collectively, the "Pooling and Servicing Agreements").
Copies of the Certificateholders' Reports 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 April 26, 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: May 19,1999
THE CHASE MANHATTAN BANK,
As Paying Agent, on behalf of Chase
Commercial Mortgage Securities 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
April 26, 1999.
<PAGE>
Page 1 of 3
Chase Mortgage Finance Corporation, Series 1999-s1
Statement to Certificateholders
April 26, 1999
- --------------------------------------------------------------------------------
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR
FACE PRINCIPAL
CLASS VALUE BALANCE INTEREST PRINCIPAL
- ----- ----- ------- -------- ---------
A1 33,921,000.00 33,921,000.00 172,431.75 0.00
A2 25,000,000.00 25,000,000.00 122,916.67 0.00
A3 10,000,000.00 10,000,000.00 50,416.67 0.00
A4 37,285,000.00 37,285,000.00 192,639.17 0.00
A6 89,193,000.00 88,118,030.38 477,306.00 691,546.48
A7 18,242,000.00 16,134,581.91 0.00 250,074.26
A8 63,600,000.00 63,600,000.00 344,500.00 0.00
A9 56,234,000.00 55,502,356.40 300,637.76 195,799.24
A10 3,513,000.00 3,513,000.00 19,028.75 0.00
A11 5,000,000.00 5,000,000.00 29,166.67 0.00
A12 5,000,000.00 5,000,000.00 27,083.33 0.00
A13 11,522,200.00 11,522,200.00 64,812.38 0.00
A14 1,642,800.00 1,642,800.00 0.00 0.00
A15 1,500,000.00 1,500,000.00 8,437.50 0.00
A16 3,500,000.00 3,500,000.00 19,687.50 0.00
A17 3,300,000.00 3,300,000.00 18,562.50 0.00
A18 3,000,000.00 3,000,000.00 16,250.00 0.00
A19 2,000,000.00 2,000,000.00 13,333.33 0.00
A20 6,000,000.00 6,000,000.00 35,000.00 0.00
A21 885,000.00 885,000.00 4,978.13 0.00
A22 1,000,000.00 1,000,000.00 5,416.67 0.00
A23 1,000,000.00 1,010,862.68 0.00 0.00
AP 661,605.00 660,201.26 0.00 696.52
AR 100.00 0.00 0.00 0.00
M 8,600,000.00 8,585,950.58 46,507.23 7,116.05
B1 3,600,000.00 3,594,118.85 19,468.14 2,978.81
B2 1,600,000.00 1,597,386.16 8,652.51 1,323.92
B3 1,400,000.00 1,397,712.89 7,570.94 1,158.43
B4 800,000.00 798,693.08 4,326.25 661.96
B5 1,000,424.92 998,790.79 5,410.12 827.80
-------------- -------------- ------------ ------------
TOTALS 400,000,129.92 396,067,684.98 2,014,539.97 1,152,183.47
-------------- -------------- ------------ ------------
A5 6,808,292.00 6,808,292.00 36,878.25 0.00
AX 361,515,966.00 357,669,376.62 111,917.79 0.00
-------------- -------------- ------------ ------------
CURRENT
REALIZED DEFERRED PRINCIPAL
CLASS TOTAL LOSSES INTEREST BALANCE
- ----- ----- ------ -------- -------
A1 172,431.75 0.00 0.00 33,921,000.00
A2 122,916.67 0.00 0.00 25,000,000.00
A3 50,416.67 0.00 0.00 10,000,000.00
A4 192,639.17 0.00 0.00 37,285,000.00
A6 1,168,852.48 0.00 0.00 87,426,483.90
A7 250,074.26 0.00 87,395.65 15,971,903.30
A8 344,500.00 0.00 0.00 63,600,000.00
A9 496,437.00 0.00 0.00 55,306,557.16
A10 19,028.75 0.00 0.00 3,513,000.00
A11 29,166.67 0.00 0.00 5,000,000.00
A12 27,083.33 0.00 0.00 5,000,000.00
A13 64,812.38 0.00 0.00 11,522,200.00
A14 0.00 0.00 0.00 1,642,800.00
A15 8,437.50 0.00 0.00 1,500,000.00
A16 19,687.50 0.00 0.00 3,500,000.00
A17 18,562.50 0.00 0.00 3,300,000.00
A18 16,250.00 0.00 0.00 3,000,000.00
A19 13,333.33 0.00 0.00 2,000,000.00
A20 35,000.00 0.00 0.00 6,000,000.00
A21 4,978.13 0.00 0.00 885,000.00
A22 5,416.67 0.00 0.00 1,000,000.00
A23 0.00 0.00 5,475.51 1,016,338.19
AP 696.52 0.00 0.00 659,504.74
AR 0.00 0.00 0.00 0.00
M 53,623.28 0.00 0.00 8,578,834.53
B1 22,446.95 0.00 0.00 3,591,140.04
B2 9,976.43 0.00 0.00 1,596,062.24
B3 8,729.37 0.00 0.00 1,396,554.46
B4 4,988.21 0.00 0.00 798,031.12
B5 6,237.92 0.00 0.00 997,962.99
-------------- -------------- ---------- --------------
TOTALS 3,166,723.44 0.00 92,871.16 395,008,372.67
-------------- -------------- ---------- --------------
A5 36,878.25 0.00 0.00 6,808,292.00
AX 111,917.79 0.00 0.00 356,654,529.66
-------------- -------------- ---------- ---------------
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2 of 3
Chase Mortgage Finance Corporation, Series 1999-1
Statement to Certificateholders
April 26, 1999
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
- ------------------------------------------------------------------------------------------- -----------------------
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS-THRU
CLASS FACTOR INTEREST PRINCIPAL TOTAL FACTOR 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 987.9478253 5.351384 7.753372 13.104756 980.1944536 A6 6.500000%
A7 884.4743948 0.000000 13.708708 13.708708 875.5565892 A7 6.500000%
A8 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A8 6.500000%
A9 986.9893018 5.346192 3.481866 8.828058 983.5074361 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 1,010.8626800 0.000000 0.000000 0.000000 1,016.3381900 A23 6.500000%
AP 997.8782808 0.000000 1.052773 1.052773 996.8255077 AP 0.000000%
AR 0.0000000 0.000000 0.000000 0.000000 0.0000000 AR 6.500000%
M 998.3663465 5.407817 0.827448 6.235265 997.5388988 M 6.500000%
B1 998.3663472 5.407817 0.827447 6.235264 997.5389000 B1 6.500000%
B2 998.3663500 5.407819 0.827450 6.235269 997.5389000 B2 6.500000%
B3 998.3663500 5.407814 0.827450 6.235264 997.5389000 B3 6.500000%
B4 998.3663500 5.407813 0.827450 6.235263 997.5389000 B4 6.500000%
B5 998.3665641 5.407822 0.827448 6.235271 997.5391157 B5 6.500000%
------------- -------- -------- -------- -------------
TOTALS 990.1688908 5.036348 2.880458 7.916806 987.5206109
------------- -------- -------- -------- -------------
A5 1,000.00 5.416667 0.000000 5.416667 1,000.00 A5 6.500000%
AX 989.36 0.309579 0.000000 0.309579 986.55 AX 0.375486%
</TABLE>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3 of 3
Chase Mortgage Finance Corporation, Series 1999-S1
April 26, 1999
- --------------------------------------------------------------------------------
STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 730,999.45
Aggregate Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv): Aggregate Servicer Advances 2,093,369.96
Sec. 6.02(a)(v): Number of Outstanding Mortgage Loans 1,255.00
Ending Principal Balance of Outstanding Mortgage Loans 395,008,372.98
Sec. 6.02(a)(vi): Aggregate Amount of Servicing Fees 101,822.40
Sec. 6.02(a)(vii): Number and Aggregate Principal Balances of Delinquent Mortgage Loans
</TABLE>
Group Totals
---------------------------------------------------------
Period Number Principal Balance Percentage
-------- ------ ----------------- ----------
0-30 days 12 4,003,371.38 1.01%
31-60 days 5 1,833,555.73 0.46%
61-90 days 0 0.00 0.00%
91+ days 0 0.00 0.00%
Total 17 5,836,927.11 1.47%
<TABLE>
<S> <C> <C>
Aggregate Principal Balance of Mortgage Loans Acquired Through Foreclosure 0.00
<CAPTION>
Group Totals
-----------------------------------------------
Number Principal Balance Percentage
------ ----------------- ----------
0 0.00 0.00%
<CAPTION>
<S> <C> <C>
Sec. 6.02(a)(ix): Aggregate Amount of All Advances Recovered During the Related Due Period 0.00
Sec. 6.02(a)(x): Class A Percentage 95.71%
Class A Principal Balance 379,095,032.63
Class M Percentage 2.17%
Class M Principal Balance 8,585,950.58
Class B Percentage 2.12%
Class B Principal Balance 8,386,701.77
NON-PO Class A Percentage 95.71%
NON-PO Class A Prepayment Percentage 100.00%
M Credit Support 2.13%
B1 Credit Support 1.20%
B2 Credit Support 0.80%
B3 Credit Support 0.45%
B4 Credit Support 0.25%
Sec. 6.02(a)(xi): Aggregate Cummulative Losses Since Cut-Off 0.00
Sec. 6.02(a)(xiv): Compensating Interest Shortfall 0.00
</TABLE>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1 of 3
Chase Mortgage Finance Trust, Series 1999-S2
Statement of Certificateholders
April 26, 1999
- --------------------------------------------------------------------------------
DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLSSS VALUE BALANCE INTEREST PRINCIPAL TOTAL LOSSES INTEREST BALANCE
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 215,000,000.00 214,149,569.09 1,159,976.83 1,375,997.33 2,535,974.16 0.00 0.00 212,773,571.76
A2 126,772,000.00 126,179,032.10 683,469.76 959,422.14 1,642,891.90 0.00 0.00 125,219,609.96
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 46,814.68 0.00 46,814.68 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 21,050.73 0.00 21,050.73 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 374,266.00 373,862.29 0.00 366.24 366.24 0.00 0.00 373,496.05
AR 100.00 0.00 0.01 0.00 0.01 0.00 0.00 0.00
M 9,900,000.00 9,892,011.60 53,581.73 8,044.16 61,625.89 0.00 0.00 9,883,967.44
B1 4,050,000.00 4,046,732.02 21,919.80 3,290.79 25,210.59 0.00 0.00 4,043,441.23
B2 1,575,000.00 1,573,729.12 8,524.37 1,279.75 9,804.12 0.00 0.00 1,572,449.37
B3 1,575,000.00 1,573,729.12 8,524.37 1,279.75 9,804.12 0.00 0.00 1,572,449.37
B4 900,000.00 899,273.78 4,871.07 731.29 5,602.36 0.00 0.00 898,542.49
B5 1,125,239.36 1,124,331.39 6,090.13 914.30 7,004.43 0.00 0.00 1,123,417.09
-------------- -------------- ------------ ------------ ------------ ---- ---- --------------
TOTALS 450,001,605.36 448,542,270.51 2,428,828.89 2,351,325.75 4,780,154.64 0.00 0.00 446,190,944.76
-------------- -------------- ------------ ------------ ------------ ---- ---- --------------
AX 420,440,757.99 419,011,113.91 139,763.82 0.00 139,763.82 0.00 0.00 416,687,274.63
-------------- -------------- ------------ ------------ ------------ ---- ---- --------------
</TABLE>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2 of 3
Chase Mortgage Finance Trust, Series 1999-S2
Statement to Certificateholders
April 26, 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 16162TFL5 996.0445074 5.395241 6.399988 11.795229 989.6445198 A1 6.500000%
A2 16162TFM3 995.3225641 5.391331 7.568092 12.959422 987.7544723 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 4.886200 0.000000 4.886200 1,000.0000000 A8 5.863440%
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 7.140682 0.000000 7.140682 1,000.0000000 A11 8.568820%
A12 16162TFX9 1,000.0000000 5.416667 0.000000 5.416667 1,000.0000000 A12 6.500000%
AP 16162TFY7 998.9213287 0.000000 0.978555 0.978555 997.9427733 AP 0.000000%
AR 16162TFZ4 0.0000000 0.100000 0.000000 0.100000 0.0000000 AR 6.500000%
M 16162TGA8 999.1930909 5.412296 0.812541 6.224837 998.3805495 M 6.500000%
B1 16162TGB6 999.1930914 5.412296 0.812541 6.224837 998.3805506 B1 6.500000%
B2 16162TGC4 999.1930921 5.412298 0.812540 6.224838 998.3805524 B2 6.500000%
B3 16162TGE0 999.1930921 5.412298 0.812540 6.224838 998.3805524 B3 6.500000%
B4 16162TGF7 999.1930889 5.412300 0.812544 6.224844 998.3805444 B4 6.500000%
B5 16162TGG5 999.1930872 5.412297 0.812538 6.224836 998.3805490 B5 6.500000%
--------- ------------- -------- -------- --------- -------------
TOTALS 996.7570452 5.397378 5.225150 10.622528 991.5318955
------------- -------- -------- --------- -------------
AX 16162TGD2 996.60 0.332422 0.000000 0.332422 991.07 AX 0.400268%
--------- ------------- -------- -------- --------- -------------
</TABLE>
<PAGE>
Page 3 of 3
Chase Mortgage Finance Trust, Series 1999-S2
April 26, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 1,986,543.86
Aggregate Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 2,237,449.21
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 1,442.00
Ending Principal Balance of Outstanding Mortgage Loans 446,190,945.55
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 114,864.20
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 16 4,625,612.30 1.04%
2 Months 0 0.00 0.00%
3+Months 0 0.00 0.00%
Total 16 4,625,612.30 1.04%
Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
Group 1
Number Principal Balance Percentage
- ------ ----------------- ----------
0 0.000000 0.00%
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(viii) Aggregate Number of REO Loans 0.00
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 95.73957%
Class M Percentage 2.20537%
Class B Percentage 2.05506%
Class A Principal Balance 429,432,463.48
Class M Principal Balance 9,892,011.60
Class B Principal Balance 9,217,795.43
NON-PO Class A Percentage 95.736020%
NON-PO Class A Prepayment Percentage 100.000000%
M Credit Support 2.06%
B1 Credit Support 1.15%
B2 Credit Support 0.80%
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
</TABLE>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1 of 2
Chase Mortgage Finance Trust, Series 1999-S3
Statement to Certificateholders
April 26, 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 112,065,223.00 111,635,413.13 581,434.44 429,800.68 1,011,235.12 0.00 0.00 111,205,612.45
AP 176,004.00 175,389.57 0.00 612.54 612.54 0.00 0.00 174,777.03
AR 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
M 1,265,014.00 1,260,845.73 6,566.90 4,198.28 10,765.18 0.00 0.00 1,256,647.45
B1 402,504.00 401,177.73 2,089.47 1,335.81 3,425.28 0.00 0.00 399,841.92
B2 402,504.00 401,177.73 2,089.47 1,335.81 3,425.28 0.00 0.00 399,841.92
B3 345,004.00 343,867.20 1,790.98 1,144.98 2,935.96 0.00 0.00 342,722.22
B4 172,502.00 171,933.60 895.49 572.49 1,467.98 0.00 0.00 171,361.11
B5 172,505.00 171,936.59 895.50 572.50 1,468.00 0.00 0.00 171,364.09
-------------- -------------- ---------- ---------- ------------ ---- ---- --------------
TOTALS 115,001,360.00 114,561,741.28 595,762.25 439,573.09 1,035,335.34 0.00 0.00 114,122,168.19
-------------- -------------- ---------- ---------- ------------ ---- ---- --------------
AX 105,726,363.20 105,320,056.97 29,844.09 0.00 29,844.09 0.00 0.00 104,913,477.70
-------------- -------------- ---------- ---------- ------------ ---- ---- --------------
</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 996.1646454 5.188357 3.835273 9.023630 992.3293728 A1 6.250000%
AP 16162TFF8 996.5089998 0.000000 3.480262 3.480262 993.0287380 AP 0.000000%
AR 16162TFG6 0.0000000 0.000000 0.000000 0.000000 0.0000000 AR 6.250000%
M 16162TFH4 996.7049614 5.191168 3.318762 8.509930 993.3861997 M 6.250000%
B1 16162TFJ0 996.7049520 5.191178 3.318750 8.509928 993.3862024 B1 6.250000%
B2 16162TFK7 996.7049520 5.191178 3.318750 8.509928 993.3862024 B2 6.250000%
B3 16162TGH3 996.7049657 5.191186 3.318744 8.509930 993.3862216 B3 6.250000%
B4 16162TGJ8 996.7049657 5.191186 3.318744 8.509930 993.3862216 B4 6.250000%
B5 16162TGK6 996.7049651 5.191154 3.318744 8.509898 993.3862207 B5 6.250000%
--------- ----------- -------- -------- -------- ----------- ---------
TOTALS 996.1772737 5.180480 3.822329 9.002810 992.3549442
----------- -------- -------- -------- -----------
AX N/A 996.1600000 0.282277 0.000000 0.282277 992.3100000 AX 0.340039%
--------- ----------- -------- -------- -------- ----------- ---------
</TABLE>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2 of 2
Chase Mortgage Finance Trust, Series 1999-S3
April 26, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 58,092.55
Aggregate Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 822,875.58
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 364
Ending Principal Balance of Outstanding Mortgage Loans 114,122,168.70
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 30,062.91
Sec. 6.02(a)(vii) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
</TABLE>
Group Totals
-------------------------------------------------------
Category Number Principal Balance Percentage
-------- ------ ----------------- ----------
1 Month 6 2,830,554.48 2.48%
2 Months 0 0.00 0.00%
3+ Months 0 0.00 0.00%
Total 6 2,830,554.48 2.48%
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>
<S> <C> <C>
Sec. 6.02(a)(ix) Aggregate Recovered Advances for Current Period 0.00
Sec. 6.02(a)(x) Class A Percentage 97.60%
Class M Percentage 1.10%
Class B Percentage 1.30%
Class A Principal Balance 111,810,802.70
Class M Principal Balance 1,260,845.73
Class B Principal Balance 1,490,092.85
NON-PO Class A Percentage 97.5950%
NON-PO Class A Prepayment Percentage 100.0000%
M Credit Support 1.30%
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>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1 of 4
Chase Mortgage Finance Trust, Series 1999-S4
Statement to Certificateholders
April 26, 1999
- --------------------------------------------------------------------------------
DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>
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 207,499,900.00 207,499,900.00 1,123,957.79 494,990.05 1,618,947.84 0.00 0.00 207,004,909.95
A2 72,600,000.00 72,600,000.00 393,250.00 203,198.42 596,448.42 0.00 0.00 72,396,801.58
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 9,500,000.00 51,458.33 94,246.06 145,704.39 0.00 0.00 9,405,753.94
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 38,363,800.00 207,803.92 161,493.79 369,297.71 0.00 0.00 38,202,306.21
AP 504,519.00 504,519.00 0.00 466.39 466.39 0.00 0.00 504,052.61
AR 100.00 100.00 0.54 100.00 100.54 0.00 0.00 0.00
M 9,900,211.00 9,900,211.00 53,626.14 7,975.22 61,601.36 0.00 0.00 9,892,235.78
B1 4,050,087.00 4,050,087.00 21,937.97 3,262.59 25,200.56 0.00 0.00 4,046,824.41
B2 1,575,034.00 1,575,034.00 8,531.43 1,268.78 9,800.21 0.00 0.00 1,573,765.22
B3 1,575,033.00 1,575,033.00 8,531.43 1,268.78 9,800.21 0.00 0.00 1,573,764.22
B4 900,020.00 900,020.00 4,875.11 725.02 5,600.13 0.00 0.00 899,294.98
B5 1,125,024.08 1,125,024.08 6,093.88 906.27 7,000.15 0.00 0.00 1,124,117.81
-------------- -------------- ------------ ---------- ------------ ---- ---- --------------
TOTALS 450,009,605.08 450,009,605.08 2,431,235.88 969,901.37 3,401,137.25 0.00 0.00 449,039,703.71
-------------- -------------- ------------ ---------- ------------ ---- ---- --------------
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 419,564,188.06 419,564,188.06 138,116.30 0.00 138,116.30 0.00 0.00 418,622,507.17
-------------- -------------- ------------ ---------- ------------ ---- ---- --------------
</TABLE>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2 of 4
Chase Mortgage Finance Trust, Series 1999-S4
Statement to Certificateholders
April 26, 1999
- --------------------------------------------------------------------------------
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1,000 OF ORIGINAL FACE PASS-THROUGH RATES
- ---------------------------------------------------------------------------------------------------- ------------------
CLASS CUSIP PRIOR INTEREST PRINCIPAL TOTAL CURRENT CLASS CURRENT
PRINCIPAL PRINCIPAL PASS-THRU
FACTOR FACTOR RATE
- ---------------------------------------------------------------------------------------------------- -------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 16162T GL4 1,000.0000000 5.416667 2.385495 7.802162 997.6145046 A1 6.500000%
A2 16162T GM2 1,000.0000000 5.416667 2.798876 8.215543 997.2011237 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 1,000.0000000 5.416666 9.920638 15.337304 990.0793621 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 1,000.0000000 5.416667 4.209536 9.626203 995.7904642 A17 6.500000%
AP 16162T HD1 1,000.0000000 0.000000 0.924425 0.924425 999.0755750 AP 0.000000%
AR 16162T HE9 1,000.0000000 5.400000 1,000.000000 1,005.400000 0.0000000 AR 6.500000%
M 16162T HH2 1,000.0000000 5.416666 0.805561 6.222227 999.1944394 M 6.500000%
B1 16162T HF6 1,000.0000000 5.416666 0.805560 6.222227 999.1944395 B1 6.500000%
B2 16162T HG4 1,000.0000000 5.416664 0.805557 6.222221 999.1944428 B2 6.500000%
B3 16162T HJ8 1,000.0000000 5.416667 0.805558 6.222225 999.1944423 B3 6.500000%
B4 16162T HK5 1,000.0000000 5.416669 0.805560 6.222228 999.1944401 B4 6.500000%
B5 16162T HL3 1,000.0000000 5.416666 0.805556 6.222222 999.1944439 B5 6.500000%
- --------------------------------------------------------------------------------------------------------------------------------
TOTALS 1,000.0000000 5.402631 2.155290 7.557921 997.8447096
- ----------------------------------------------------------------------------------------------------
A14 16162T GZ3 1,000.0000000 0.208333 0.000000 0.208333 1,000.0000000 A14 0.250000%
AX 1,000.0000000 0.329190 0.000000 0.329190 997.7600000 AX 0.395028%
</TABLE>
<PAGE>
Page 3 of 4
Chase Mortgage Finance Trust, Series 1999-S4
April 26, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 607,345.40
Aggregate Amount of Repurchase Proceeds 0.00
Group 1 Amount of Principal Prepayments 352,646.91
Group 1 Amount of Repurchase Proceeds 0.00
Group 2 Amount of Principal Prepayments 121,804.29
Group 2 Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 2,437,369.15
Group 1 Servicer Advances 2,222,090.04
Group 2 Servicer Advances 215,279.11
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 1,393.00
Ending Principal Balance of Outstanding Mortgage Loans 449,039,704.17
Group 1 Outstanding Mortgage Loans 1,092.00
Ending Principal Balance of Group 1 Mortgage Loans 409,079,563.54
Group 2 Outstanding Mortgage Loans 301.00
Ending Principal Balance of Group 2 Mortgage Loans 39,960,140.63
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 115,239.96
Sec. 6.02(a)(vii) Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
<CAPTION>
Group 1
<S> <C> <C> <C> <C>
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%
-------- ------ ----------------- ----------
</TABLE>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4 of 4
Chase Mortgage Finance Trust, Series 1999-S4
April 26, 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 95.75000%
Class M Percentage 2.20000%
Class B Percentage 2.05000%
Class A Principal Balance 430,884,196.00
Class M Principal Balance 9,900,211.00
Class B Principal Balance 9,225,198.08
NON-PO Class A Percentage 95.74523%
NON-PO Class A Prepayment Percentage 100.00000%
M Credit Support 2.05000%
B1 Credit Support 1.15000%
B2 Credit Support 0.80000%
B3 Credit Support 0.45000%
B4 Credit Support 0.25000%
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>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 1 of 4
Chase Mortgage Finance Corporation, Series 1999-AS1
Statement to Certificateholders
April 26, 1999
- --------------------------------------------------------------------------------
DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>
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 14,550,271.37 78,813.97 54,149.33 132,963.30 0.00 0.00 14,496,122.04
IIA1 30,250,000.00 27,070,198.95 146,630.24 856,214.08 1,002,844.32 0.00 0.00 26,213,984.87
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 1,000,000.00 904,618.92 4,900.02 25,682.94 30,582.96 0.00 0.00 878,935.98
IIIA1 95,342,532.00 94,174,385.60 510,111.26 826,766.15 1,336,877.41 0.00 0.00 93,347,619.45
AP 25,169.00 25,033.68 0.00 67.97 67.97 0.00 0.00 24,965.71
AR 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
M 4,786,000.00 4,776,606.59 25,873.29 4,751.87 30,625.16 0.00 0.00 4,771,854.72
B1 2,316,000.00 2,311,454.42 12,520.38 2,299.49 14,819.87 0.00 0.00 2,309,154.93
B2 1,235,000.00 1,232,576.09 6,676.45 1,226.19 7,902.64 0.00 0.00 1,231,349.90
B3 618,000.00 616,787.06 3,340.93 613.59 3,954.52 0.00 0.00 616,173.47
B4 386,000.00 385,242.40 2,086.73 383.25 2,469.98 0.00 0.00 384,859.15
B5 694,784.72 693,421.08 3,756.03 689.82 4,445.85 0.00 0.00 692,731.26
-------------- -------------- ---------- ------------ ------------ ---- ---- --------------
TOTALS 154,396,147.72 149,828,455.16 811,435.20 1,772,844.68 2,584,279.88 0.00 0.00 148,055,610.48
-------------- -------------- ---------- ------------ ------------ ---- ---- --------------
AX 152,908,229.99 148,347,114.19 108,915.28 0.00 108,915.28 0.00 0.00 146,577,559.74
</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 992.8738488 5.378067 3.695014 9.073080 989.1788349 IA1 6.500000%
IIA1 16162TES1 894.8826099 4.847281 28.304598 33.151878 866.5780122 IIA1 6.500000%
IIA2 16162TET9 1,000.0000000 5.416666 0.000000 5.416666 1000.0000000 IIA2 6.500000%
IIA3 16162TEU6 904.6189200 4.900020 25.682940 30.582960 878.9359800 IIA3 6.500000%
IIIA1 16162TEV4 987.7478983 5.350301 8.671535 14.021837 979.0763628 IIIA1 6.500000%
AP 16162TEW2 994.6235448 0.000000 2.700544 2.700544 991.9230005 AP 0.000000%
AR 16162TEW2 0.0000000 0.000000 0.000000 0.000000 0.0000000 AR 6.500000%
M 16162TEX0 998.0373151 5.406036 0.992869 6.398905 997.0444463 M 6.500000%
B1 16162TEY8 998.0373143 5.406036 0.992871 6.398908 997.0444430 B1 6.500000%
B2 16162TEZ5 998.0373198 5.406032 0.992866 6.398899 997.0444534 B2 6.500000%
B3 16162TFA9 998.0373139 5.406036 0.992864 6.398900 997.0444498 B3 6.500000%
B4 16162TFC5 998.0373057 5.406036 0.992876 6.398912 997.0444301 B4 6.500000%
B5 16162TFD3 998.0373201 5.406034 0.992854 6.398889 997.0444658 B5 6.500000%
--------- ------------- -------- --------- --------- ------------ ---------
TOTALS 970.4157608 5.255540 11.482441 16.737982 958.9333200
AX N/A 970.17 0.712292 0.000000 0.712292 958.60 AX 0.881031%
</TABLE>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2 of 4
Chase Mortgage Finance Corporation, Series 1999-AS1
April 26, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(iii) Aggregate Amount of Principal Prepayments 1,623,749.49
Aggregate Amount of Repurchase Proceeds 0.00
Group 1 Amount of Principal Prepayments 8,130.18
Group 1 Amount of Repurchase Proceeds 0.00
Group 2 Amount of Principal Prepayments 858,708.24
Group 2 Amount of Repurchase Proceeds 0.00
Group 3 Amount of Principal Prepayments 756,911.07
Group 3 Amount of Repurchase Proceeds 0.00
Sec. 6.02(a)(iv) Aggregate Servicer Advances 852,083.78
Group 1 Servicer Advances 112,193.28
Group 2 Servicer Advances 213,218.62
Group 3 Servicer Advances 526,671.88
Sec. 6.02(a)(v) Number of Outstanding Mortgage Loans 1,223.00
Ending Principal Balance of Outstanding Mortgage Loans 148,055,610.71
Group 1 Outstanding Mortgage Loans 169.00
Ending Principal Balance of Group 1 Mortgage Loans 15,524,560.33
Group 2 Outstanding Mortgage Loans 93.00
Ending Principal Balance of Group 2 Mortgage Loans 32,569,463.65
Group 3 Outstanding Mortgage Loans 961.00
Ending Principal Balance of Group 3 Mortgage Loans 99,961,586.73
Sec. 6.02(a)(vi) Aggregate Amount of Servicing Fees 39,192.64
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 2 277,657.50 1.79%
2 Months 0 0.00 0.00%
3+Months 0 0.00 0.00%
Total 2 277,657.50 1.79%
Group 2
Category Number Principal Balance Percentage
-------- ------ ----------------- ----------
1 Month 1 270,483.12 0.83%
2 Months 0 0.00 0.00%
3+Months 0 0.00 0.00%
Total 1 270,483.12 0.83%
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3 of 4
Chase Mortgage Finance Corporation, Series 1999-AS1
April 26, 1999
- --------------------------------------------------------------------------------
Group 3
Category Number Principal Balance Percentage
-------- ------ ----------------- ----------
1 Month 14 1,186,612.72 1.19%
2 Months 1 156,176.69 0.16%
3+ Months 0 0.00 0.00%
------ ----------------- ----------
Total 15 1,342,789.41 1.35%
------ ----------------- ----------
Group Totals
Category Number Principal Balance Percentage
-------- ------ ----------------- ----------
1 Month 17 1,734,753.34 1.17%
2 Months 1 156,176.69 0.11%
3+ Months 0 0.00 0.00%
------ ----------------- ----------
Total 18 1,890,930.03 1.28%
------ ----------------- ----------
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%
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4 of 4
Chase Mortgage Finance Corporation, Series 1999-AS1
April 26, 1999
- --------------------------------------------------------------------------------
<TABLE>
<S> <C> <C>
Sec. 6.02(a)(ix) Aggregate Recovered Advances for Current Period 10,693.05
Sec. 6.02(a)(x) Class A Percentage 93.31%
Class M Percentage 3.19%
Class B Percentage 3.50%
Class A Principal Balance 139,812,367.52
Class M Principal Balance 4,776,606.59
Class B Principal Balance 5,239,481.05
NON-PO Class A Percentage 93.3138%
NON-PO Class A Prepayment Percentage 100.00%
M Credit Support 3.50%
B1 Credit Support 1.95%
B2 Credit Support 1.13%
B3 Credit Support 0.72%
B4 Credit Support 0.46%
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
</TABLE>
(Copyright) COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
