CHASE MORTGAGE FINANCE CORP
8-K, 2000-09-12
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 (Date of earliest event reported): August 30, 2000
                                                          ---------------


                       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)



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ITEM 2.           Acquisition or Disposition of Assets: General.

                  On August 30, 2000, Chase Mortgage Finance Corporation issued
its Multi-Class Mortgage Pass-Through Certificates, Series 2000-S7, such series
representing interests in a pool of fixed rate conventional one- to four-family
mortgage loans. Capitalized terms used herein and not otherwise defined shall
have the meanings assigned to them in the prospectus dated February 23, 2000, as
supplemented by the prospectus supplement dated August 25, 2000 (together, the
"Prospectus").

                  The Class A Certificates consist of the Class A-1
Certificates, the Class A-2 Certificates, the Class A-3 Certificates, the Class
A-4 Certificates Certificates, the Class A-X Certificates, the Class A-P
Certificates and the Class A-R Certificate. The Class M Certificates consist of
the Class M Certificates. The Class B Certificates consist of the Class B-1
Certificates, the Class B-2 Certificates, the Class B-3 Certificates, the Class
B-4 Certificates and the Class B-5 Certificates.

                  The Class A Certificates evidence in the aggregate the Class A
Percentage ownership interest in the Trust Fund. The Class M Certificates
evidence in the aggregate the Class M Percentage ownership interest in the Trust
Fund. The Class B Certificates evidence the remaining ownership interest in the
Trust Fund and are subordinated to the rights of the Class A Certificates and
the Class M Certificates to the extent described in the Prospectus. The Trust
Fund consists of the Mortgage Pool and certain other property described in the
Prospectus.





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ITEM 7.           Financial Statements and Exhibits.

                  (c)      Exhibits

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

     4                  Pooling and Servicing Agreement among Chase Mortgage
                        Finance Corporation, Chase Manhattan Mortgage
                        Corporation and Citibank, N.A., as trustee, dated as of
                        August 1, 2000, for Multi-Class Mortgage Pass-Through
                        Certificates, Series 2000-S7.





<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

August 30, 2000
                                            By:_______________________________
                                            Name:  Bruce J. Friedman
                                            Title: Vice President




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                                INDEX TO EXHIBITS


Exhibit No.            Description
-----------            -----------

    4                  Pooling and Servicing Agreement among Chase Mortgage
                       Finance Corporation, Chase Manhattan Mortgage Corporation
                       and Citibank, N.A., as trustee, dated as of August 1,
                       2000, for Multi-Class Mortgage Pass-Through Certificates,
                       Series 2000-S7.



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