CHASE MORTGAGE FINANCE CORP
8-K, 2000-06-02
ASSET-BACKED SECURITIES
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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: May 25, 2000

                       CHASE MORTGAGE FINANCE CORPORATION
      ---------------------------------------------------------------------
                           (Exact Name of Registrant)

<TABLE>
<CAPTION>

<S>                                   <C>                                 <C>
         Delaware                              333-56081                           52-1495132
------------------------------        -------------------------------     --------------------------------
(State or other jurisdiction          (Commission File Number)            (IRS Employer
of incorporation)                                                         Identification No.)
</TABLE>


           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 May 25, 2000, Chase Mortgage Finance Corporation (the
"Depositor") made the distributions to holders of its Mortgage Pass-Through
Certificates, Series 2000-S1, Series 2000-S2, Series 2000-S3 and Series 2000-S4
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 May 25,
                                    2000 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:  June 2, 2000

                                         THE CHASE MANHATTAN BANK,
                                         As Paying Agent, on behalf of Chase
                                         Mortgage Finance 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 May 25, 2000.



<PAGE>
                                                                          Page 1
Chase Mortgage Finance Trust, Series 2000-S1
                         Statement to Certificateholders
                                   May 25 2000

<TABLE>
<CAPTION>

        DISTRIBUTION IN DOLLARS
              ORIGINAL                 PRIOR                                                                              CURRENT
               FACE                   PRINCIPAL                                                REALIZED   DEFERRED       PRINCIPAL
 CLASS        VALUE                    BALANCE         PRINCIPAL       INTEREST      TOTAL       LOSES    INTEREST        BALANCE
<S>     <C>                         <C>               <C>            <C>          <C>          <C>        <C>        <C>
A1              109,318,000.00      106,214,341.06     415,525.57      641,711.64 1,057,237.21   0.00      0.00      105,798,815.49
A2               10,554,000.00       10,554,000.00           0.00       67,061.88    67,061.88   0.00      0.00       10,554,000.00
A3                1,591,000.00        1,591,000.00           0.00       10,275.21    10,275.21   0.00      0.00        1,591,000.00
A4                3,152,000.00        3,152,000.00           0.00       20,356.67    20,356.67   0.00      0.00        3,152,000.00
A5                8,439,000.00        8,439,000.00           0.00       45,711.25    45,711.25   0.00      0.00        8,439,000.00
A6               17,037,000.00       17,037,000.00           0.00      102,931.88   102,931.88   0.00      0.00       17,037,000.00
A7               17,300,000.00       17,300,000.00           0.00      104,520.83   104,520.83   0.00      0.00       17,300,000.00
AP                  235,695.00          235,029.35         245.76            0.00       245.76   0.00      0.00          234,783.59
AR                      100.00                0.00           0.00            0.00         0.00   0.00      0.00                0.00
M                 3,413,000.00        3,406,145.70       2,325.17       20,578.80    22,903.97   0.00      0.00        3,403,820.53
B1                1,664,000.00        1,660,658.20       1,133.63       10,033.14    11,166.77   0.00      0.00        1,659,524.57
B2                  875,000.00          873,242.75         596.11        5,275.84     5,871.95   0.00      0.00          872,646.64
B3                  613,000.00          611,768.91         417.62        3,696.10     4,113.72   0.00      0.00          611,351.29
B4                  437,000.00          436,122.38         297.71        2,634.91     2,932.62   0.00      0.00          435,824.67
B5                  438,491.38          437,610.76         298.73        2,643.90     2,942.63   0.00      0.00          437,312.03
TOTALS          175,067,286.38      171,947,919.11     420,840.300   1,037,432.05 1,458,272.35   0.00      0.00      171,527,078.81

AX              168,855,745.69      165,752,079.57           0.00       82,537.90   497,706.35     0.00      0.00    165,336,911.12
</TABLE>

<TABLE>
<CAPTION>

    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                                PASS-THROUGH RATES
                              PRIOR                                                       CURRENT                         CURRENT
                              PRINCIPAL                                                   PRINCIPAL            CLASS     PASS THRU
CLASS     CUSIP               FACTOR           PRINCIPAL     INTEREST      TOTAL           FACTOR                          RATE
<S>       <C>     <C>          <C>             <C>           <C>           <C>             <C>                  <C>      <C>
A1        16162TRV0            971.60889387    3.80107183    5.87013703    9.67120886      967.80782204        A1        7.250000 %
A2        16162TRW8          1,000.00000000     .00000000    6.35416714    6.35416714    1,000.00000000        A2        7.625000 %
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 2
Chase Mortgage Finance Trust, Series 2000-S1
                         Statement to Certificateholders
                                   May 25 2000

<TABLE>
<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                                 PASS-THROUGH RATES
                       PRIOR                                                          CURRENT                               CURRENT
                       PRINCIPAL                                                      PRINCIPAL              CLASS        PASS THRU
 CLASS    CUSIP        FACTOR            PRINCIPAL       INTEREST      TOTAL           FACTOR                                 RATE
<S>      <C>          <C>               <C>             <C>           <C>           <C>                     <C>   <C>
A3       16162TRX6    1,000.00000000     .00000000      6.45833438    6.45833438    1,000.00000000           A3        7.750000 %
A4       16162TRY4    1,000.00000000     .00000000      6.45833439    6.45833439    1,000.00000000           A4        7.750000 %
A5       16162TRZ1    1,000.00000000     .00000000      5.41666667    5.41666667    1,000.00000000           A5        6.500000 %
A6       16162TSA5    1,000.00000000     .00000000      6.04166696    6.04166696    1,000.00000000           A6        7.250000 %
A7       16162TSB3    1,000.00000000     .00000000      6.04166647    6.04166647    1,000.00000000           A7        7.250000 %
AP       16162TSC1      997.17579923    1.04270349       .00000000    1.04270349      996.13309574           AP         .000000 %
AR       16162TSD9         .00000000     .00000000       .00000000     .00000000         .00000000           AR        7.250000 %
M        16162TSE7      997.99170817     .68126868      6.02953413    6.71080281      997.31043950           M         7.250000 %
B1       16162TSF4      997.99170673     .68126803      6.02953125    6.71079928      997.31043870           B1        7.250000 %
B2       16162TSG2      997.99171429     .68126857      6.02953143    6.71080000      997.31044571           B2        7.250000 %
B3       16162TSJ6      997.99169657     .68127243      6.02952692    6.71079935      997.31042414           B3        7.250000 %
B4       16162TSK3      997.99171625     .68125858      6.02954233    6.71080092      997.31045767           B4        7.250000 %
B5       161626TSL1     997.99170510     .68126767      6.02953700    6.71080467      997.31043744           B5        7.250000 %
TOTALS                  982.18189512    2.40387744      5.92590467    8.32978211      979.77801768

AX       16162TSH0      981.61942250     .00000000       .48880717    2.94752392      979.16070575           AX         .597552 %
</TABLE>


IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew  Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 3
Chase Mortgage Finance Trust, Series 2000-S1
                                   May 25 2000

<TABLE>

<S>                   <C>                                                                                        <C>
Sec. 6.02(a)(iii)     Aggregate Amount of Principal Prepayments                                                          303,420.81
                      Aggregate Amount of Repurchase Proceeds                                                                  0.00

Sec. 6.02(a)(iv)      Aggregate Servicer Advances                                                                         40,138.10

Sec. 6.02(a)(v)       Number of Outstanding Mortgage Loans                                                                      547
                      Ending Principal Balance of Outstanding Mortgage Loans                                         171,527,078.82

Sec. 6.02(a)(vi)      Aggregate Amount of Servicing Fees                                                                  44,978.71

Sec. 6.02(a)(vii)     Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                              Group 1
                                                                 Principal
                             Category           Number            Balance           Percentage
                             1 Month                 1           323,620.30              0.19 %
                             2 Months                1           174,549.01              0.10 %
                             3+Months                0                 0.00              0.00 %
                              Total                  2           498,169.31              0.29 %

                      Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                             Group 1
                                                  Principal
                             Number               Balance                Percentage
                                    0                  .00                  0.00 %

Sec. 6.02(a)(viii)    Aggregate Number of REO Loans                                                                               0
                      Aggregate Balance of REO Loans                                                                           0.00

Sec. 6.02(a)(ix)      Aggregate Recovered Advances for Current Period                                                     27,523.79
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 4
Chase Mortgage Finance Trust, Series 2000-S1
                                   May 25 2000
<TABLE>

<S>                   <C>                                                                                         <C>
Sec. 6.02(a)(x)       Credit Support Information Based Upon Beginning Balances
                      Class A Percentage                                                                              95.68151 %
                      Class M Percentage                                                                               1.98092 %
                      Class B Percentage                                                                               2.33757 %
                      Class A Principal Balance                                                                   164,522,370.41
                      Class M Principal Balance                                                                     3,406,145.70
                      Class B Principal Balance                                                                     4,019,403.00
                      NON-PO Class A Percentage                                                                       95.67560 %
                      NON-PO Class A Prepayment Percentage                                                           100.00000 %
                      M Credit Support                                                                                    2.34 %
                      B1 Credit Support                                                                                   1.37 %
                      B2 Credit Support                                                                                   0.87 %
                      B3 Credit Support                                                                                   0.51 %
                      B4 Credit Support                                                                                   0.25 %

</TABLE>









                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 5
Chase Mortgage Finance Trust, Series 2000-S1
                                                                     May 25 2000

<TABLE>

<S>                     <C>                                                                                      <C>
Sec. 6.02(a)(x)         Credit Support Information Based Upon Ending Balances
                        Class A Percentage                                                                           95.67387 %
                        Class M Percentage                                                                            1.98442 %
                        Class B Percentage                                                                            2.34171 %
                        Class A Principal Balance                                                                164,106,599.09
                        Class M Principal Balance                                                                  3,403,820.53
                        Class B Principal Balance                                                                  4,016,659.20
                        NON-PO Class A Percentage                                                                    95.66794 %
                        NON-PO Class A Prepayment Percentage                                                        100.00000 %
                        M Credit Support                                                                                 2.34 %
                        B1 Credit Support                                                                                1.38 %
                        B2 Credit Support                                                                                0.87 %
                        B3 Credit Support                                                                                0.51 %
                        B4 Credit Support                                                                                0.26 %

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>







                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>

                                                                          Page 1
Chase Mortgage Finance Trust, Series 2000-S2
                         Statement to Certificateholders
                                   May 25 2000
<TABLE>
<CAPTION>

      DISTRIBUTION IN DOLLARS
               ORIGINAL             PRIOR                                                                               CURRENT
                FACE               PRINCIPAL                                              REALIZED        DEFERRED      PRINCIPAL
CLASS          VALUE               BALANCE        PRINCIPAL   INTEREST         TOTAL        LOSES        INTEREST        BALANCE
<S>   <C>                     <C>              <C>           <C>            <C>           <C>        <C>             <C>
A1           35,841,000.00     36,151,966.41      13,791.89    96,216.20      110,008.09    0.00      167,578.97       36,305,753.49
A2           31,630,000.00     31,630,000.00           0.00   191,097.92      191,097.92    0.00            0.00       31,630,000.00
A3           45,985,464.00     45,150,691.38     909,594.80   263,379.03    1,172,973.83    0.00            0.00       44,241,096.58
A4            1,205,090.00      1,157,163.32      25,197.69         0.00       25,197.69    0.00            0.00        1,131,965.63
A5            3,305,000.00        823,989.77     829,242.70         0.00      829,242.70    0.00        5,252.93                0.00
A6           23,506,000.00     23,506,000.00           0.00   142,015.42      142,015.42    0.00            0.00       23,506,000.00
A7            2,000,000.00      2,000,000.00           0.00    12,083.33       12,083.33    0.00            0.00        2,000,000.00
AP              218,369.00        218,004.51         202.20         0.00          202.20    0.00            0.00          217,802.31
AR                  100.00              0.00           0.00         0.00            0.00    0.00            0.00                0.00
M             3,151,450.00      3,147,327.92       2,091.12    19,670.80       21,761.92    0.00            0.00        3,145,236.80
B1            1,425,656.00      1,423,791.25         945.98     8,898.70        9,844.68    0.00            0.00        1,422,845.27
B2              675,311.00        674,427.70         448.10     4,215.17        4,663.27    0.00            0.00          673,979.60
B3              450,207.00        449,618.13         298.73     2,810.11        3,108.84    0.00            0.00          449,319.40
B4              300,139.00        299,746.42         199.15     1,873.42        2,072.57    0.00            0.00          299,547.27
B5              375,172.73        374,682.01         248.94     2,341.76        2,590.70    0.00            0.00          374,433.07
TOTALS      150,068,958.73    147,007,408.82   1,782,261.300  744,601.86    2,526,863.16    0.00      172,831.90      145,397,979.42

AX          141,990,248.97    138,941,813.49           0.00    51,293.23    1,654,124.17      0.00            0.00    137,338,982.55
A1C2         66,713,000.00     66,713,000.00           0.00    13,898.54       13,898.54      0.00            0.00     66,713,000.00
A1C4         45,985,464.00     45,150,691.38           0.00    24,456.62      934,051.42      0.00            0.00     44,241,096.58

A1C1          9,577,000.00      9,577,000.00      57,861.04         0.00       57,861.04    0.00            0.00        9,577,000.00
A1C3         25,964,000.00     26,286,897.48           0.00     7,519.07        7,519.07    0.00      167,578.97       26,446,957.38
A1C5            300,000.00        288,068.93           0.00     6,272.82        6,272.82    0.00            0.00          281,796.11
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 2
Chase Mortgage Finance Trust, Series 2000-S2
                         Statement to Certificateholders
                                   May 25 2000
<TABLE>
<CAPTION>

    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                                 PASS-THROUGH RATES
                            PRIOR                                                            CURRENT                       CURRENT
                           PRINCIPAL                                                        PRINCIPAL        CLASS       PASS THRU
 CLASS     CUSIP            FACTOR           PRINCIPAL        INTEREST        TOTAL            FACTOR                      RATE
<S>       <C>             <C>               <C>             <C>            <C>            <C>                <C>   <C>
A1        16162TSM9       1,008.67627605       .38480762      2.68452889     3.06933651    1,012.96709048     A1         3.193725 %
A2        16162TSN7       1,000.00000000       .00000000      6.04166677     6.04166677    1,000.00000000     A2         7.250000 %
A3        16162TSP2         981.84703279     19.78005050      5.72744096    25.50749145      962.06698230     A3         7.000000 %
A4        16162TSQ0         960.22979197     20.90938436       .00000000    20.90938436      939.32040760     A4          .000000 %
A5        16162TSR8         249.31611800    250.90550681       .00000000   250.90550681         .00000000     A5         7.650000 %
A6        16162TSS6       1,000.00000000       .00000000      6.04166681     6.04166681    1,000.00000000     A6         7.250000 %
A7        16162TST4       1,000.00000000       .00000000      6.04166500     6.04166500    1,000.00000000     A7         7.250000 %
AP        16162TSU1         998.33085282       .92595561       .00000000      .92595561      997.40489722     AP          .000000 %
AR        16162TSV9            .00000000       .00000000       .00000000      .00000000         .00000000     AR         7.500000 %
M         16162TSW7         998.69200527       .66354218      6.24182519     6.90536737      998.02846309     M          7.500000 %
B1        16162TSX5         998.69200565       .66354015      6.24182832     6.90536848      998.02846549     B1         7.500000 %
B2        16162TSY3         998.69201005       .66354613      6.24182044     6.90536656      998.02846392     B2         7.500000 %
B3        16162TTA4         998.69200168       .66353922      6.24181765     6.90535687      998.02846246     B3         7.500000 %
B4        16162TTB2         998.69200604       .66352590      6.24184128     6.90536718      998.02848014     B4         7.500000 %
B5        16162TTC0         998.69201581       .66353437      6.24181827     6.90535264      998.02848144     B5         7.500000 %
TOTALS                      979.59904609     11.87628218      4.96173137    16.83801355      968.87444712

AX        16162TSZ0         978.53067022       .00000000       .36124474    11.64956173      967.24235323     AX          .443004 %
A1C2                      1,000.00000000       .00000000       .20833331      .20833331    1,000.00000000     A1C2        .250000 %
A1C4                        981.84703279       .00000000       .53183371    20.31188421      962.06698230     A1C4        .650000 %

A1C1                      1,000.00000000      6.04166649       .00000000     6.04166649    1,000.00000000     A1C1       7.250000 %
A1C3                      1,012.43635341       .00000000       .28959598      .28959598    1,018.60103913     A1C3       7.650000 %
A1C5                        960.22976667       .00000000     20.90940000    20.90940000      939.32036667     A1C5        .000000 %
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 3
Chase Mortgage Finance Trust, Series 2000-S2
                         Statement to Certificateholders
                                   May 25 2000
















IF THERE, ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew  Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 4
Chase Mortgage Finance Trust, Series 2000-S2
                                   May 25 2000

<TABLE>

<S>                    <C>                                                                                         <C>
Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                      1,511,733.82
                       Aggregate Amount of Repurchase Proceeds                                                                0.00

Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                       54,146.64

Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                    462
                       Ending Principal Balance of Outstanding Mortgage Loans                                       145,397,979.77

Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                                38,454.69

Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                              Group 1
                                                                    Principal
                             Category             Number              Balance           Percentage
                             1 Month                   2             474,573.80             0.33 %
                             2 Months                  1              66,337.13             0.05 %
                             3+Months                  0                   0.00             0.00 %
                              Total                    3             540,910.93             0.38 %

                       Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                                  Group 1
                                                       Principal
                                  Number               Balance                Percentage
                                        0                 .00                   0.00 %

Sec. 6.02(a)(viii)     Aggregate Number of REO Loans                                                                             0
                       Aggregate Balance of REO Loans                                                                         0.00

Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                        0.00
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 5
Chase Mortgage Finance Trust, Series 2000-S2
                                   May 25 2000

<TABLE>
<S>                      <C>                                                                                       <C>
Sec. 6.02(a)(x)          Credit Support Information Based Upon Beginning Balances
                         Class A Percentage                                                                            95.66716 %
                         Class M Percentage                                                                             2.14093 %
                         Class B Percentage                                                                             2.19191 %
                         Class A Principal Balance                                                                 140,637,815.39
                         Class M Principal Balance                                                                   3,147,327.92
                         Class B Principal Balance                                                                   3,222,265.51
                         NON-PO Class A Percentage                                                                     95.66073 %
                         NON-PO Class A Prepayment Percentage                                                         100.00000 %
                         M Credit Support                                                                                  2.20 %
                         B1 Credit Support                                                                                 1.23 %
                         B2 Credit Support                                                                                 0.77 %
                         B3 Credit Support                                                                                 0.46 %
                         B4 Credit Support                                                                                 0.26 %
</TABLE>
















                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 6
Chase Mortgage Finance Trust, Series 2000-S2
                                   May 25 2000

<TABLE>

<S>                     <C>                                                                                   <C>
Sec. 6.02(a)(x)         Credit Support Information Based Upon Ending Balances
                        Class A Percentage                                                                          95.62211 %
                        Class M Percentage                                                                           2.16319 %
                        Class B Percentage                                                                           2.21470 %
                        Class A Principal Balance                                                               139,032,618.01
                        Class M Principal Balance                                                                 3,145,236.80
                        Class B Principal Balance                                                                 3,220,124.60
                        NON-PO Class A Percentage                                                                   95.61554 %
                        NON-PO Class A Prepayment Percentage                                                       100.00000 %
                        M Credit Support                                                                                2.22 %
                        B1 Credit Support                                                                               1.24 %
                        B2 Credit Support                                                                               0.77 %
                        B3 Credit Support                                                                               0.46 %
                        B4 Credit Support                                                                               0.26 %

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>










                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION







<PAGE>


                                                                          Page 1
Chase Mortgage Finance Trust, Series 2000-S3
                         Statement to Certificateholders
                                   May 25 2000
<TABLE>
<CAPTION>

     DISTRIBUTION IN DOLLARS
               ORIGINAL          PRIOR                                                                                   CURRENT
                FACE            PRINCIPAL                                                    REALIZED     DEFERRED       PRINCIPAL
CLASS          VALUE            BALANCE         PRINCIPAL     INTEREST         TOTAL           LOSES     INTEREST        BALANCE
<S>  <C>                     <C>               <C>            <C>           <C>              <C>         <C>         <C>
A1         98,250,500.00      97,523,118.00     621,396.72     629,836.80    1,251,233.52       0.00       0.00       96,901,721.28
A2         13,560,700.00      13,560,700.00           0.00      87,579.52       87,579.52       0.00       0.00       13,560,700.00
A3         12,423,400.00      12,415,571.91       7,887.60      80,183.90       88,071.50       0.00       0.00       12,407,684.31
AP            348,147.00         347,874.23         277.97           0.00          277.97       0.00       0.00          347,596.26
AR                100.00               0.00           0.00           0.00            0.00       0.00       0.00                0.00
M           2,732,455.00       2,730,733.26       1,734.83      17,635.99       19,370.82       0.00       0.00        2,728,998.43
B1          1,236,071.00       1,235,292.14         784.78       7,977.93        8,762.71       0.00       0.00        1,234,507.36
B2            585,508.00         585,139.07         371.74       3,779.02        4,150.76       0.00       0.00          584,767.33
B3            390,339.00         390,093.04         247.83       2,519.35        2,767.18       0.00       0.00          389,845.21
B4            260,226.00         260,062.03         165.22       1,679.57        1,844.79       0.00       0.00          259,896.81
B5            325,281.91         325,076.95         206.52       2,099.46        2,305.98       0.00       0.00          324,870.43
TOTALS    130,112,727.91     129,373,660.63     633,073.210    833,291.54    1,466,364.75       0.00       0.00      128,740,587.42

AX        112,015,283.11     111,289,487.33           0.00      36,315.98      654,069.46        0.00       0.00     110,671,733.85
</TABLE>

<TABLE>
<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                                 PASS-THROUGH RATES
                        PRIOR                                                          CURRENT                          CURRENT
                       PRINCIPAL                                                      PRINCIPAL            CLASS       PASS THRU
 CLASS    CUSIP         FACTOR           PRINCIPAL       INTEREST       TOTAL           FACTOR                           RATE
<S>      <C>         <C>                <C>              <C>           <C>          <C>                    <C>    <C>
A1       16162TTD8     992.59665854      6.32461636      6.41052005    12.73513641    986.27204218          A1          7.750000 %
A2       16162TTE6   1,000.00000000       .00000000      6.45833327     6.45833327  1,000.00000000          A2          7.750000 %
A3       16162TTF3     999.36989150       .63489866      6.45426373     7.08916239    998.73499284          A3          7.750000 %
AP       16162TTG1     999.21650912       .79842710       .00000000      .79842710    998.41808202          AP           .000000 %
AR       16162TTH9        .00000000       .00000000       .00000000      .00000000       .00000000          AR          7.750000 %
M        16162TTJ5     999.36989264       .63489792      6.45426549     7.08916341    998.73499472          M           7.750000 %
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 2
Chase Mortgage Finance Trust, Series 2000-S3
                         Statement to Certificateholders
                                   May 25 2000

<TABLE>
<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                                 PASS-THROUGH RATES
                          PRIOR                                                        CURRENT                           CURRENT
                         PRINCIPAL                                                     PRINCIPAL           CLASS        PASS THRU
 CLASS      CUSIP         FACTOR         PRINCIPAL     INTEREST        TOTAL            FACTOR                             RATE
<S>        <C>          <C>             <C>           <C>             <C>            <C>                  <C>     <C>
B1         16162TTK2    999.36989056      .63489880    6.45426517      7.08916397     998.73499176         B1            7.750000 %
B2         16162TTL0    999.36989759      .63490166    6.45425852      7.08916018     998.73499594         B2            7.750000 %
B3         16162TTN6    999.36988105      .63490966    6.45426155      7.08917121     998.73497140         B3            7.750000 %
B4         16162TTP1    999.36989386      .63490966    6.45427436      7.08918402     998.73498421         B4            7.750000 %
B5         16162TTQ9    999.36990040      .63489544    6.45427838      7.08917382     998.73500497         B5            7.750000 %
TOTALS                  994.31979260     4.86557480    6.40438144     11.26995624     989.45421780

AX         16162TTM8    993.52056470      .00000000     .32420558      5.83910911     988.00566117         AX             .391585 %
</TABLE>










IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew  Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 3
Chase Mortgage Finance Trust, Series 2000-S3
                                   May 25 2000
<TABLE>

<S>                    <C>                                                                                    <C>
Sec. 6.02(a)(iii)      Aggregate Amount of Principal Prepayments                                                    550,858.30
                       Aggregate Amount of Repurchase Proceeds                                                            0.00

Sec. 6.02(a)(iv)       Aggregate Servicer Advances                                                                   20,225.07

Sec. 6.02(a)(v)        Number of Outstanding Mortgage Loans                                                                337
                       Ending Principal Balance of Outstanding Mortgage Loans                                   128,740,587.43

Sec. 6.02(a)(vi)       Aggregate Amount of Servicing Fees                                                            33,949.81

Sec. 6.02(a)(vii)      Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                               Group 1
                                                               Principal
                              Category          Number          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 %

                       Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                              Group 1
                                                   Principal
                              Number               Balance                Percentage
                                   0                     .00                  0.00 %

Sec. 6.02(a)(viii)     Aggregate Number of REO Loans                                                                         0
                       Aggregate Balance of REO Loans                                                                     0.00

Sec. 6.02(a)(ix)       Aggregate Recovered Advances for Current Period                                                    0.00
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 4
Chase Mortgage Finance Trust, Series 2000-S3
                                   May 25 2000

<TABLE>
<S>                     <C>                                                                                       <C>
Sec. 6.02(a)(x)         Credit Support Information Based Upon Beginning Balances
                        Class A Percentage                                                                            95.72834 %
                        Class M Percentage                                                                             2.11073 %
                        Class B Percentage                                                                             2.16092 %
                        Class A Principal Balance                                                                 123,847,264.14
                        Class M Principal Balance                                                                   2,730,733.26
                        Class B Principal Balance                                                                   2,795,663.23
                        NON-PO Class A Percentage                                                                     95.71683 %
                        NON-PO Class A Prepayment Percentage                                                         100.00000 %
                        M Credit Support                                                                                  2.17 %
                        B1 Credit Support                                                                                 1.21 %
                        B2 Credit Support                                                                                 0.76 %
                        B3 Credit Support                                                                                 0.45 %
                        B4 Credit Support                                                                                 0.25 %
</TABLE>












                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 5
Chase Mortgage Finance Trust, Series 2000-S3
                                   May 25 2000

<TABLE>
<S>                         <C>                                                                                 <C>
Sec. 6.02(a)(x)             Credit Support Information Based Upon Ending Balances
                            Class A Percentage                                                                         95.71007 %
                            Class M Percentage                                                                          2.11977 %
                            Class B Percentage                                                                          2.17017 %
                            Class A Principal Balance                                                              123,217,701.85
                            Class M Principal Balance                                                                2,728,998.43
                            Class B Principal Balance                                                                2,793,887.15
                            NON-PO Class A Percentage                                                                  95.69845 %
                            NON-PO Class A Prepayment Percentage                                                      100.00000 %
                            M Credit Support                                                                               2.18 %
                            B1 Credit Support                                                                              1.21 %
                            B2 Credit Support                                                                              0.76 %
                            B3 Credit Support                                                                              0.46 %
                            B4 Credit Support                                                                              0.25 %

Sec. 6.02(a)(xi)            Current Realized Losses                                                                          0.00
                            Cumulative Realized Losses                                                                       0.00

Sec. 6.02(a)(xiv)           Compensating Interest Shortfall                                                                  0.00
</TABLE>









                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION






<PAGE>

                                                                          Page 1
Chase Mortgage Finance Trust Series 2000-S4
                         Statement to Certificateholders
                                   May 25 2000

<TABLE>
<CAPTION>
        DISTRIBUTION IN DOLLARS
                  ORIGINAL           PRIOR                                                                               CURRENT
                   FACE            PRINCIPAL                                                REALIZED     DEFERRED       PRINCIPAL
CLASS             VALUE            BALANCE      PRINCIPAL       INTEREST       TOTAL          LOSES      INTEREST        BALANCE
<S>     <C>                    <C>             <C>            <C>           <C>             <C>       <C>           <C>
A1          66,378,000.00       66,378,000.00    71,985.37      442,520.00    514,505.37      0.00         0.00       66,306,014.63
A2           5,000,000.00        5,000,000.00     4,270.32       33,333.33     37,603.65      0.00         0.00        4,995,729.68
A3           4,500,000.00        4,500,000.00    45,253.33       30,000.00     75,253.33      0.00         0.00        4,454,746.67
A4           2,348,000.00        2,348,000.00         0.00       15,653.33     15,653.33      0.00         0.00        2,348,000.00
A5           6,788,000.00        6,788,000.00         0.00            0.00          0.00      0.00    45,253.33        6,833,253.33
A6           7,957,000.00        7,957,000.00         0.00       53,046.67     53,046.67      0.00         0.00        7,957,000.00
A7          11,000,000.00       11,000,000.00         0.00       73,333.33     73,333.33      0.00         0.00       11,000,000.00
AP           1,359,081.00        1,359,081.00     1,256.15            0.00      1,256.15      0.00         0.00        1,357,824.85
AR                 100.00              100.00       100.00            0.68        100.68      0.00         0.00                0.00
M            2,200,000.00        2,200,000.00     1,359.03       14,666.67     16,025.70      0.00         0.00        2,198,640.97
B1           1,100,000.00        1,100,000.00       679.51        7,333.33      8,012.84      0.00         0.00        1,099,320.49
B2             495,000.00          495,000.00       305.78        3,300.00      3,605.78      0.00         0.00          494,694.22
B3             385,000.00          385,000.00       237.83        2,566.67      2,804.50      0.00         0.00          384,762.17
B4             220,000.00          220,000.00       135.90        1,466.67      1,602.57      0.00         0.00          219,864.10
B5             275,402.79          275,402.79       170.13        1,836.02      2,006.15      0.00         0.00          275,232.66
TOTALS     110,005,583.79      110,005,583.79   125,753.350     679,056.70    804,810.05      0.00    45,253.33      109,925,083.77

AX          83,710,463.55       83,710,463.55         0.00       19,554.02     75,018.07       0.00         0.00      83,654,999.50
</TABLE>

<TABLE>
<CAPTION>

    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                                 PASS-THROUGH RATES
                         PRIOR                                                          CURRENT                            CURRENT
                        PRINCIPAL                                                      PRINCIPAL           CLASS          PASS THRU
CLASS     CUSIP          FACTOR            PRINCIPAL       INTEREST      TOTAL           FACTOR                            RATE
<S>      <C>           <C>                 <C>             <C>           <C>           <C>                <C>     <C>
A1       16162TTR7     1,000.00000000      1.08447633      6.66666667    7.75114300    998.91552367        A1             8.000000 %
A2       16162TTS5     1,000.00000000       .85406400      6.66666600    7.52073000    999.14593600        A2             8.000000 %
                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
</TABLE>

<PAGE>

                                                                          Page 2
Chase Mortgage Finance Trust Series 2000-S4
                         Statement to Certificateholders
                                   May 25 2000

<TABLE>
<CAPTION>

    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                                 PASS-THROUGH RATES
                        PRIOR                                                               CURRENT                       CURRENT
                        PRINCIPAL                                                          PRINCIPAL         CLASS      PASS THRU
 CLASS     CUSIP        FACTOR             PRINCIPAL     INTEREST         TOTAL              FACTOR                        RATE
<S>       <C>          <C>              <C>              <C>           <C>               <C>                 <C>  <C>
A3        16162TTT3    1,000.00000000      10.05629556    6.66666667      16.72296222       989.94370444       A3        8.000000 %
A4        16162TTU0    1,000.00000000        .00000000    6.66666525       6.66666525     1,000.00000000       A4        8.000000 %
A5        16162TTV8    1,000.00000000        .00000000     .00000000        .00000000     1,006.66666618       A5        8.000000 %
A6        16162TTW6    1,000.00000000        .00000000    6.66666709       6.66666709     1,000.00000000       A6        8.000000 %
A7        16162TTX4    1,000.00000000        .00000000    6.66666636       6.66666636     1,000.00000000       A7        8.000000 %
AP        16162TTY2    1,000.00000000        .92426426     .00000000        .92426426       999.07573574       AP         .000000 %
AR        16162TTZ9    1,000.00000000   1,000.00000000    6.80000000   1,006.80000000          .00000000       AR        8.000000 %
M         16162TUA2    1,000.00000000        .61774091    6.66666818       7.28440909       999.38225909       M         8.000000 %
B1        16162TUB0    1,000.00000000        .61773636    6.66666364       7.28440000       999.38226364       B1        8.000000 %
B2        16162TUC8    1,000.00000000        .61773737    6.66666667       7.28440404       999.38226263       B2        8.000000 %
B3        16162TUE4    1,000.00000000        .61774026    6.66667532       7.28441558       999.38225974       B3        8.000000 %
B4        16162TUF1    1,000.00000000        .61772727    6.66668182       7.28440909       999.38227273       B4        8.000000 %
B5        16162TUG9    1,000.00000000        .61774973    6.66667175       7.28442148       999.38225027       B5        8.000000 %
TOTALS                 1,000.00000000       1.14315424    6.17292938       7.31608362       999.26821878

AX        16162TUD6    1,000.00000000        .00000000     .23359111        .89616121       999.33742990       AX         .280309 %
</TABLE>


IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Andrew  Cooper
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-7113
Email: [email protected]
                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 3
Chase Mortgage Finance Trust Series 2000-S4
                                   May 25 2000

<TABLE>
<CAPTION>

<S>                       <C>                                                                                    <C>
Sec. 6.02(a)(iii)         Aggregate Amount of Principal Prepayments                                                       12,341.61
                          Aggregate Amount of Repurchase Proceeds                                                              0.00

Sec. 6.02(a)(iv)          Aggregate Servicer Advances                                                                           N/A

Sec. 6.02(a)(v)           Number of Outstanding Mortgage Loans                                                                  282
                          Ending Principal Balance of Outstanding Mortgage Loans                                     109,925,083.83

Sec. 6.02(a)(vi)          Aggregate Amount of Servicing Fees                                                              28,867.30

Sec. 6.02(a)(vii)         Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                                 Group 1
                                                               Principal
                                Category           Number        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 %

                          Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                                Group 1
                                                     Principal
                                Number               Balance                Percentage
                                     0                   .00                  0.00 %

Sec. 6.02(a)(viii)        Aggregate Number of REO Loans                                                                           0
                          Aggregate Balance of REO Loans                                                                       0.00

Sec. 6.02(a)(ix)          Aggregate Recovered Advances for Current Period                                                      0.00
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 4
Chase Mortgage Finance Trust Series 2000-S4
                                   May 25 2000

<TABLE>
<S>                        <C>                                                                                      <C>
Sec. 6.02(a)(x)            Credit Support Information Based Upon Beginning Balances
                           Class A Percentage                                                                           95.74985 %
                           Class M Percentage                                                                            1.99990 %
                           Class B Percentage                                                                            2.25025 %
                           Class A Principal Balance                                                                105,330,181.00
                           Class M Principal Balance                                                                  2,200,000.00
                           Class B Principal Balance                                                                  2,475,402.79
                           NON-PO Class A Percentage                                                                    95.69668 %
                           NON-PO Class A Prepayment Percentage                                                        100.00000 %
                           M Credit Support                                                                                 2.28 %
                           B1 Credit Support                                                                                1.27 %
                           B2 Credit Support                                                                                0.81 %
                           B3 Credit Support                                                                                0.46 %
                           B4 Credit Support                                                                                0.25 %
</TABLE>













                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 5
Chase Mortgage Finance Trust Series 2000-S4
                                   May 25 2000
<TABLE>

<S>                       <C>                                                                                  <C>
Sec. 6.02(a)(x)           Credit Support Information Based Upon Ending Balances
                          Class A Percentage                                                                        95.74936 %
                          Class M Percentage                                                                         2.00013 %
                          Class B Percentage                                                                         2.25051 %
                          Class A Principal Balance                                                             105,252,569.16
                          Class M Principal Balance                                                               2,198,640.97
                          Class B Principal Balance                                                               2,473,873.64
                          NON-PO Class A Percentage                                                                 95.69620 %
                          NON-PO Class A Prepayment Percentage                                                     100.00000 %
                          M Credit Support                                                                              2.28 %
                          B1 Credit Support                                                                             1.27 %
                          B2 Credit Support                                                                             0.81 %
                          B3 Credit Support                                                                             0.46 %
                          B4 Credit Support                                                                             0.25 %

Sec. 6.02(a)(xi)          Current Realized Losses                                                                       0.00
                          Cumulative Realized Losses                                                                    0.00

Sec. 6.02(a)(xiv)         Compensating Interest Shortfall                                                               0.00
</TABLE>










                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION



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