CHASE MORTGAGE FINANCE CORP
8-K, 2000-03-10
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 (Date of earliest event reported): March 10, 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)



<PAGE>



ITEM 5.     Other Events

            Filing of Collateral Term Sheets

         Attached as Exhibit 99.1 are Collateral Term Sheets prepared by Chase
Mortgage Finance Corporation in connection with the offering of Chase Mortgage
Finance Corporation Multi-Class Mortgage Pass-Through Certificates, Series
2000-S3.











<PAGE>



ITEM 7.    Financial Statements and Exhibits

           (c)   Exhibits

Item 601(a)
of Regulation S-K
Exhibit No.                        Description
- -----------                        -----------
(99.1)                             Collateral Term Sheets









<PAGE>



         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                            CHASE MORTGAGE FINANCE CORPORATION



Date:  March 10, 2000                       By:       /s/ Eileen A. Lindblom
                                                     -----------------------
                                            Name:    Eileen A. Lindblom
                                            Title:   Vice President







<PAGE>


                                INDEX TO EXHIBITS

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

(99.1)                     Collateral Term Sheets


<PAGE>
Current                                                               Page: 1
- -------
           [LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
                                                             03-01-2000 09:41:46

<TABLE>
<CAPTION>
Count    Original Balance  Current Balance    Average Original Bal   Gross WAC     Gross Adjustments    WA Gross Rate
- -----    ----------------  ---------------    --------------------   ---------     -----------------    -------------
 380      130,000,000                               384,392.26         8.391            .000                    8.391


Sched. WAM    Actual WAM      WALTV     WALA
- ----------    ----------      -----     ----
   359.283       359.099     75.374     .160


                     STATE DISTRIBUTION                                               LOAN AMORTIZATION DISTRIBUTION
                     ------------------                                               ------------------------------
State               Count             Balance    Percent        Actual Months to Maturity            Count       Balance     Percent
- -----               -----             -------    -------        -------------------------            -----       -------     -------
<S>                   <C>       <C>                <C>            <C>                                <C>     <C>              <C>
CA                     75       28,319,865.44      19.39          1-24  Months (1 Mo-2 Years)          0              .00       .00
CT                      8        3,608,648.09       2.47         25-48  Months (2-4 Years)             0              .00       .00
FL                     38       15,193,286.44      10.40         49-72  Months (4-6 Years)             0              .00       .00
IL                      7        2,364,817.39       1.62         73-96  Months (6-8 Years)             0              .00       .00
NJ                     19        6,723,514.41       4.60         97-120 Months (8-10 Years)            0              .00       .00
NY                     84       33,015,158.04      22.61        121-144 Months (10-12 Years)           0              .00       .00
TX                     35       13,196,379.90       9.04        145-168 Months (12-14 Years)           0              .00       .00
Other                 114       43,614,682.03      29.87        169-192 Months (14-16 Years)           0              .00       .00
- --------------------------------------------------------        193-216 Months (16-18 Years)           0              .00       .00
TOTAL:                380      146,036,351.74     100.00        217-240 Months (18-20 Years)           1       416,250.00       .29
                                                                241-264 Months (20-22 Years)           1       261,600.00       .18
                     DOC TYPE DISTRIBUTION                      265-288 Months (22-24 Years)           0              .00       .00
                     ---------------------                      289-312 Months (24-26 Years)           0              .00       .00
Doc Type            Count             Balance    Percent        313-336 Months (26-28 Years)           0              .00       .00
- --------            -----             -------    -------        337+ Months (28+ Years)              378   145,358,501.74     99.54
FULL                  338      128,002,964.44      87.65        -------------------------------------------------------------------
NIV                    42       18,033,387.30      12.35        TOTAL:                               380   146,036,351.74    100.00
NO RATIO                0                 .00        .00
NINA                    0                 .00        .00                              LOAN 1st PAYMENT DISTRIBUTION
ALT                     0                 .00        .00                              -----------------------------
Other                   0                 .00        .00        1st Payment Date                    Count        Balance     Percent
- --------------------------------------------------------        ----------------                    -----        -------     -------
TOTAL:                380      146,036,351.74     100.00          0 Months Old                       360   138,842,485.24     95.07
                                                                  1 Month Old                         11     4,038,082.99      2.77
                     PROPERTY TYPE DISTRIBUTION                   2 Months Old                         6     1,879,377.77      1.29
                     --------------------------                   3 Months Old                         0              .00       .00
Property Type       Count             Balance    Percent          4 Months Old                         1       366,762.59       .25
- -------------       -----             -------    -------          5 Months Old                         0              .00       .00
Single Family         230       88,842,865.03      60.84          6 Months Old                         0              .00       .00
Multi Family           13        5,563,419.81       3.81          7 Months Old                         0              .00       .00
COOP                    7        2,322,427.18       1.59          8 Months Old                         0              .00       .00
PUD                   101       38,909,757.36      26.64          9 Months Old                         2       909,643.15       .62
Condo -High Rise        0                 .00        .00         10 Months Old                         0              .00       .00
      -Low Rise         0                 .00        .00         11 Months Old                         0              .00       .00
      -Condotels        0                 .00        .00         12 Months Old                         0              .00       .00
      -Unknown         18        6,412,750.35       4.39        1-2 Years (13-24 Months Old)           0              .00       .00
Manufac. House          0                   0          0        2-3 Years (25-36 Months Old)           0              .00       .00
Other                  11        3,985,132.01       2.73        3-4 Years (37-48 Months Old)           0              .00       .00
- --------------------------------------------------------        4-6 Years (49-72 Months Old)           0              .00       .00
TOTAL:                380      146,036,351.74     100.00        6-8 Years (73-96 Months Old)           0              .00       .00
                                                                8-10 Years (97-120 Months Old)         0              .00       .00
                     OCCUPANCY DISTRIBUTION                     10 + Years (121+ Months Old)           0              .00       .00
                     ----------------------                     -------------------------------------------------------------------
Occupancy           Count             Balance    Percent        TOTAL:                               380   146,036,351.74    100.00
- ---------           -----             -------    -------
None                    0                 .00        .00
Primary               359      136,798,569.55      93.67
Vacation               21        9,237,782.19       6.33
Investor                0                 .00        .00
Other                   0                 .00        .00
- --------------------------------------------------------
TOTAL:                380      146,036,351.74     100.00

                     PURPOSE DISTRIBUTION
                     --------------------
Purpose             Count             Balance    Percent
- -------             -----             -------    -------
Cash Out Refi          58       22,634,978.91      15.50
Purchase              275      104,643,325.05      71.66
Rate Term Refi         47       18,758,047.78      12.84
Other                   0                 .00        .00
- --------------------------------------------------------
TOTAL:                380      146,036,351.74     100.00
</TABLE>

THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.
<PAGE>

Current                                                               Page: 2
- -------
 [LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
                                                             03-01-2000 09:41:46

             Count    Original Balance  Current Balance    Average Original Bal
             -----    ----------------  ---------------    --------------------
              380      130,000,000.00                           384,392.26
<TABLE>
<CAPTION>
                           LTV DISTRIBUTION                                                      ORIGINAL BALANCE DISTRIBUTION
                           ----------------                                                      -----------------------------
LTV             Count              Balance        Percent                                  Count              Balance       Percent
- ---             -----              -------        -------                                  -----              -------       -------
<S>                <C>       <C>                     <C>          <C>                          <C>         <C>                  <C>
0-50.00            15         5,898,801.43           4.04         0-50,000.00                  0                  .00           .00
50.01-60.00        13         6,213,462.38           4.25         50,000.01-100,000.00         0                  .00           .00
60.01-70.00        41        18,553,056.54          12.70         100,000.01-150,000.00        0                  .00           .00
70.01-75.00        55        23,537,176.41          16.12         150,000.01-200,000.00        0                  .00           .00
75.01-80.00       210        77,603,754.24          53.14         200,000.01-225,000.00        0                  .00           .00
80.01-85.00         4         1,091,900.00            .75         225,000.01-240,000.00        0                  .00           .00
85.01-90.00        25         8,245,414.49           5.65         240,000.01-350,000.00      215        65,198,381.87         44.65
90.01-95.00        17         4,892,786.25           3.35         350,000.01-400,000.00       60        22,570,552.74         15.46
95.01-100.00        0                  .00            .00         400,000.01-500,000.00       59        27,022,727.10         18.50
100.01+             0                  .00            .00         500,000.01-650,000.00       31        17,941,334.73         12.29
- ---------------------------------------------------------         650,000.01-1,000,000.00     15        13,303,355.30          9.11
TOTAL:            380       146,036,351.74         100.00         1,000,000.01+                0                  .00           .00
                                                                  -----------------------------------------------------------------
                                                                  TOTAL:                     380       146,036,351.74        100.00

                                                    NOTE RATE DISTRIBUTION
                                                    ----------------------
Note    Gross    WA Gross                                       Note      Gross       WA Gross
- ----    -----    --------                                       ----      -----       --------
Rate    Adjmts       Rate   Cnt          Balance   Percent      Rate      Adjmts          Rate   Cnt          Balance       Percent
- ----    ------       ----   ---          -------   -------      ----      ------          ----   ---          -------       -------
<5.750   .0000      .0000     0              .00       .00     9.375       .0000        9.3750     4     1,381,450.00           .95
 5.750   .0000      .0000     0              .00       .00     9.500       .0000         .0000     0              .00           .00
 5.875   .0000      .0000     0              .00       .00     9.625       .0000         .0000     0              .00           .00
 6.000   .0000      .0000     0              .00       .00     9.750       .0000         .0000     0              .00           .00
 6.125   .0000      .0000     0              .00       .00     9.875       .0000         .0000     0              .00           .00
 6.250   .0000      .0000     0              .00       .00     10.000      .0000         .0000     0              .00           .00
 6.375   .0000      .0000     0              .00       .00     10.125      .0000         .0000     0              .00           .00
 6.500   .0000      .0000     0              .00       .00     10.250      .0000         .0000     0              .00           .00
 6.625   .0000      .0000     0              .00       .00     10.375      .0000         .0000     0              .00           .00
 6.750   .0000      .0000     0              .00       .00     10.500      .0000         .0000     0              .00           .00
 6.875   .0000      .0000     0              .00       .00     10.625      .0000         .0000     0              .00           .00
 7.000   .0000      .0000     0              .00       .00     10.750      .0000         .0000     0              .00           .00
 7.125   .0000      .0000     0              .00       .00     10.875      .0000         .0000     0              .00           .00
 7.250   .0000      .0000     0              .00       .00     11.000      .0000         .0000     0              .00           .00
 7.375   .0000      .0000     0              .00       .00     11.125      .0000         .0000     0              .00           .00
 7.500   .0000     7.5000     1       280,911.37       .19     11.250      .0000         .0000     0              .00           .00
 7.625   .0000     7.6250     3     1,048,400.00       .72     11.375      .0000         .0000     0              .00           .00
 7.750   .0000     7.7500     9     3,453,959.02      2.37     11.500      .0000         .0000     0              .00           .00
 7.875   .0000     7.8750    15     5,451,920.24      3.73     11.625      .0000         .0000     0              .00           .00
 8.000   .0000     8.0000    28    10,662,436.90      7.30     11.750      .0000         .0000     0              .00           .00
 8.125   .0000     8.1250    28    10,008,512.49      6.85     11.875      .0000         .0000     0              .00           .00
 8.250   .0000     8.2500    75    28,796,741.93     19.72     12.000      .0000         .0000     0              .00           .00
 8.375   .0000     8.3750    78    29,002,697.52     19.86     12.125      .0000         .0000     0              .00           .00
 8.500   .0000     8.5000    49    18,169,826.73     12.44     12.250      .0000         .0000     0              .00           .00
 8.625   .0000     8.6250    42    16,417,846.12     11.24     12.375      .0000         .0000     0              .00           .00
 8.750   .0000     8.7500    24     8,838,789.80      6.05     12.500      .0000         .0000     0              .00           .00
 8.875   .0000     8.8750    14     6,898,450.00      4.72     12.625      .0000         .0000     0              .00           .00
 9.000   .0000     9.0000     6     3,675,658.92      2.52     12.750      .0000         .0000     0              .00           .00
 9.125   .0000     9.1250     3     1,648,750.00      1.13     12.875      .0000         .0000     0              .00           .00
 9.250   .0000     9.2500     1       300,000.00       .21    >12.875      .0000         .0000     0              .00           .00
                                                   Other: WAC 0            .0000         .0000     0              .00           .00
                                                              ---------------------------------------------------------------------
                                                              TOTAL:                             380   146,036,351.74        100.00
</TABLE>

THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.
<PAGE>

Current                                                               Page: 3
- -------
           [LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
                                                             03-01-2000 09:41:46
<TABLE>
<CAPTION>
Count    Original Balance  Current Balance    Average Original Bal
- -----    ----------------  ---------------    --------------------
 380        130,000,000                          384,392.26

                        FICO CREDIT SCORES                                               UNINSURED LOANS (NO MI) BY LTV
                        ------------------                                               ------------------------------
FICOScore         Count                Balance     Percent               LTV                 Count              Balance    Percent
- ---------         -----                -------     -------               ---                 -----              -------    -------
<S>                 <C>          <C>                 <C>                 <C>                   <C>       <C>                 <C>
0-1/Unknown          13           4,561,049.71        3.12              <80.01                 334       131,806,251.00      90.26
  2-500               1             278,900.00         .19               80.01-85.00             0                  .00        .00
500.01-600            3           1,081,624.77         .74               85.01-90.00             0                  .00        .00
600.01-700          132          51,309,161.43       35.13               90.01-95.00             1           269,128.27        .18
700.01-800          227          87,591,625.15       59.98               95.01-100.00            0                  .00        .00
800.01+               4           1,213,990.68         .83               100.01+                 0                  .00        .00
- ----------         ----         --------------       -----              ----------------------------------------------------------
TOTAL               380         146,036,351.74      100.00              AGG UNINSURED          335       132,075,379.27      90.44
Max Score: 810                   Min Score:   6                         AGG INSURED             45        13,960,972.47       9.56
Wtd Avg. Score (FICO>1): 712                                            ----------------------------------------------------------
                                                                        TOTAL                  380       146,036,351.74     100.00

                                                                                       INTL/DOMESTIC BORROWERS DISTRIBUTION
                                                                                       ------------------------------------
                                                                        Int'l/Domes         Count               Balance    Percent
                                                                        -----------         -----               -------    -------
                                                                        International           0                   .00        .00
                                                                        Domestic              380        146,036,351.74     100.00
                                                                        ----------------------------------------------------------
                                                                        TOTAL:                380        146,036,351.74     100.00


                                                       FULL STATE DISTRIBUTION
                                                       -----------------------

State      Count               Balance       Percent                State       Count             Balance      Percent
- -----      -----               -------       -------                -----       -----             -------      -------
AL             1            309,600.00           .21                NC              2          807,750.00          .55
AR             0                   .00           .00                ND              0                 .00          .00
AZ             6          2,395,975.80          1.64                NE              1          513,312.64          .35
CA            75         28,319,865.44         19.39                NH              2          621,500.00          .43
CO             5          1,920,628.15          1.32                NJ             19        6,732,514.41         4.60
CT             8          3,608,648.09          2.47                NM              3        1,084,600.00          .74
DC             1            271,550.00           .19                NV              2          717,600.00          .49
DE             3            968,500.00           .66                NY             84       33,015,158.04        22.61
FL            38         15,193,286.44         10.40                OH              2        1,431,276.69          .98
GA            12          4,660,850.00          3.19                OK              0                 .00          .00
HI             3          1,352,000.00           .93                OR              4        1,377,825.02          .94
IA             0                   .00           .00                PA             12        4,573,349.58         3.13
ID             1            950,000.00           .65                RI              1          355,000.00          .24
IL             7          2,364,817.39          1.62                SC              2          837,600.00          .57
IN             1            279,749.43           .19                SD              0                 .00          .00
KS             0                   .00           .00                TN              2          692,500.00          .47
KY             0                   .00           .00                TX             35       13,196,379.90         9.04
LA             0                   .00           .00                UT              0                 .00          .00
MA             3          1,082,500.00           .74                VA             13        4,620,295.62         3.16
MD            12          4,539,534.95          3.11                VT              0                 .00          .00
ME             2            618,800.00           .42                WA             11        3,811,414.28         2.61
MI             2            724,569.86           .50                WI              0                 .00          .00
MN             5          2,096,400.00          1.44                WV              0                 .00          .00
MO             0                   .00           .00                WY              0                 .00          .00
MS             0                   .00           .00                UNKNOWN         0                 .00          .00
MT             0                   .00           .00                --------------------------------------------------
                                                                    TOTAL:        380      146,036,351.74       100.00
</TABLE>

THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.



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