CHASE MORTGAGE FINANCE CORP
8-K, 2000-03-08
ASSET-BACKED SECURITIES
Previous: TEMPLETON VARIABLE PRODUCTS SERIES FUND, N-30D, 2000-03-08
Next: OTS HOLDINGS INC, 10QSB, 2000-03-08




<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: February 25, 2000


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

         Delaware                      333-56081                 52-1495132
- ----------------------------    -----------------------     --------------------
(State or other jurisdiction    (Commission File Number)    (IRS Employer
of incorporation)                                           Identification No.)


                343 Thornall Street, Edison, NJ             08837
                ----------------------------------------    ----------
                (Address of principal executive offices)    (Zip Code)

Registrant's telephone number, including area code: (732) 205-0600

<PAGE>
Item 5.  Other Events:


         On or about February 25, 2000, Chase Mortgage Finance Corporation (the
"Depositor") made the distributions to holders of its Mortgage Pass-Through
Certificates, Series 1999-S1, Series 1999-S2, Series 1999-S3, Series 1999-S4,
Series 1999-S5, Series 1999-S6, Series 1999-S7, Series 1999-S8, Series 1999-S9,
Series 1999-S10, Series 1999-S11, Series 1999-S12, Series 1999-S13, Series
1999-S14, Series 1999-S15, Series 1999-AS1, Series 1999-AS2 and Series 2000-S1
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
                                    February  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:  March 8, 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 February 25, 2000.




<PAGE>

                                                                          Page 1
Chase Mortgage Finance Corporation, Series 1999-S1

                                                 Statement to Certificateholders
                                                 February 25 2000

<TABLE>
<CAPTION>
             DISTRIBUTION IN DOLLARS

                         ORIGINAL               PRIOR
                         FACE                   PRINCIPAL
CLASS                    VALUE                  BALANCE                PRINCIPAL
<S>                  <C>                     <C>                      <C>
A1                   33,921,000.00           33,440,125.31            506,833.63
A2                   25,000,000.00           24,645,592.19            373,539.72
A3                   10,000,000.00            9,858,236.88            149,415.89
A4                   37,285,000.00           37,285,000.00                  0.00
A6                   89,193,000.00           77,644,977.92            650,970.59
A7                   18,242,000.00           10,283,340.80            751,223.04
A8                   63,600,000.00           63,600,000.00                  0.00
A9                   56,234,000.00           51,524,029.91            546,854.46
A10                   3,513,000.00            3,513,000.00                  0.00
A11                   5,000,000.00            5,000,000.00                  0.00
A12                   5,000,000.00            5,000,000.00                  0.00
A13                  11,522,200.00           11,522,200.00                  0.00
A14                   1,642,800.00            1,642,800.00                  0.00
A15                   1,500,000.00            1,500,000.00                  0.00
A16                   3,500,000.00            3,500,000.00                  0.00
A17                   3,300,000.00            3,300,000.00                  0.00
A18                   3,000,000.00            3,000,000.00                  0.00
A19                   2,000,000.00            2,000,000.00                  0.00
A20                   6,000,000.00            6,000,000.00                  0.00
A21                     885,000.00              885,000.00                  0.00
A22                   1,000,000.00            1,000,000.00                  0.00
A23                   1,000,000.00            1,066,971.87                  0.00
AP                      661,605.00              635,265.28                690.44
AR                          100.00                    0.00                  0.00
M                     8,600,000.00            8,512,049.64              7,734.54

<CAPTION>
                                                                                           CURRENT
                                                            REALIZED        DEFERRED       PRINCIPAL
CLASS           INTEREST                TOTAL               LOSES           INTEREST       BALANCE
<S>            <C>                 <C>                      <C>          <C>            <C>
A1             169,987.30            676,820.93               0.00            0.00       32,933,291.68
A2             121,174.16            494,713.88               0.00            0.00       24,272,052.47
A3              49,701.94            199,117.83               0.00            0.00        9,708,820.99
A4             192,639.17            192,639.17               0.00            0.00       37,285,000.00
A6             420,576.96          1,071,547.55               0.00            0.00       76,994,007.33
A7                   0.00            751,223.04               0.00       55,701.43        9,587,819.19
A8             344,500.00            344,500.00               0.00            0.00       63,600,000.00
A9             279,088.50            825,942.96               0.00            0.00       50,977,175.45
A10             19,028.75             19,028.75               0.00            0.00        3,513,000.00
A11             29,166.67             29,166.67               0.00            0.00        5,000,000.00
A12             27,083.33             27,083.33               0.00            0.00        5,000,000.00
A13             64,812.38             64,812.38               0.00            0.00       11,522,200.00
A14                  0.00                  0.00               0.00            0.00        1,642,800.00
A15              8,437.50              8,437.50               0.00            0.00        1,500,000.00
A16             19,687.50             19,687.50               0.00            0.00        3,500,000.00
A17             18,562.50             18,562.50               0.00            0.00        3,300,000.00
A18             16,250.00             16,250.00               0.00            0.00        3,000,000.00
A19             11,666.67             11,666.67               0.00            0.00        2,000,000.00
A20             35,000.00             35,000.00               0.00            0.00        6,000,000.00
A21              4,978.13              4,978.13               0.00            0.00          885,000.00
A22              5,416.67              5,416.67               0.00            0.00        1,000,000.00
A23                  0.00                  0.00               0.00        5,779.43        1,072,751.30
AP                   0.00                690.44               0.00            0.00          634,574.84
AR                   0.00                  0.00               0.00            0.00                0.00
M               46,106.94             53,841.48               0.00            0.00        8,504,315.10
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 2
Chase Mortgage Finance Corporation, Series 1999-S1

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
       DISTRIBUTION IN DOLLARS

                   ORIGINAL                 PRIOR
                   FACE                     PRINCIPAL
CLASS              VALUE                    BALANCE                PRINCIPAL
<S>                <C>                      <C>                    <C>
B1                    3,600,000.00            3,563,183.58              3,237.72
B2                    1,600,000.00            1,583,637.15              1,438.98
B3                    1,400,000.00            1,385,682.49              1,259.11
B4                      800,000.00              791,818.56                719.49
B5                    1,000,424.92              990,194.00                899.75
TOTALS              400,000,129.92          374,673,105.58         2,994,817.360

A5                    6,808,292.00            6,736,171.08                  0.00
AX                  361,515,966.00          337,628,371.62                  0.00

<CAPTION>
                                                                                        CURRENT
                                                         REALIZED       DEFERRED        PRINCIPAL
CLASS       INTEREST               TOTAL                 LOSES          INTEREST        BALANCE
<S>     <C>                   <C>                       <C>         <C>             <C>
B1         19,300.58             22,538.30               0.00            0.00        3,559,945.86
B2          8,578.03             10,017.01               0.00            0.00        1,582,198.17
B3          7,505.78              8,764.89               0.00            0.00        1,384,423.38
B4          4,289.02              5,008.51               0.00            0.00          791,099.07
B5          5,363.55              6,263.30               0.00            0.00          989,294.25
TOTALS  1,928,902.03          4,923,719.39               0.00       61,480.86      371,739,769.08

A5         36,487.59            112,502.12                  0.00            0.00     6,660,156.55
AX        104,986.64          2,995,474.35                  0.00            0.00   334,737,883.91
</TABLE>


<TABLE>
<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                          PRIOR
                                          PRINCIPAL
CLASS           CUSIP                     FACTOR                   PRINCIPAL
<S>             <C>                       <C>                      <C>
A1              16162TEP7                   985.82368769           14.94158869
A2              16162TDM5                   985.82368760           14.94158880
A3              16162TDN3                   985.82368800           14.94158900
A4              16162TDP8                 1,000.00000000             .00000000
A6              16162TDR4                   870.52770868            7.29844932
A7              16162TDS2                   563.71783796           41.18095823
A8              16162TDT0                 1,000.00000000             .00000000
A9              16162TDU7                   916.24337429            9.72462318
A10             16162TDV5                 1,000.00000000             .00000000
A11             16162TDW3                 1,000.00000000             .00000000
A12             16162TDX1                 1,000.00000000             .00000000

<CAPTION>
                                                                                      PASS-THROUGH RATES
                                                 CURRENT                              CURRENT
                                                 PRINCIPAL        CLASS               PASS THRU
CLASS  INTEREST               TOTAL              FACTOR                               RATE
<S>   <C>                  <C>                <C>                 <C>                 <C>
A1    5.01127030           19.95285900          970.88209899       A1                 6.100000 %
A2    4.84696640           19.78855520          970.88209880       A2                 5.900000 %
A3    4.97019400           19.91178300          970.88209900       A3                 6.050000 %
A4    5.16666676            5.16666676        1,000.00000000       A4                 6.200000 %
A6    4.71535838           12.01380770          863.22925936       A6                 6.500000 %
A7     .00000000           41.18095823          525.59035139       A7                 6.500000 %
A8    5.41666667            5.41666667        1,000.00000000       A8                 6.500000 %
A9    4.96298503           14.68760821          906.51875111       A9                 6.500000 %
A10   5.41666667            5.41666667        1,000.00000000       A10                6.500000 %
A11   5.83333400            5.83333400        1,000.00000000       A11                7.000000 %
A12   5.41666600            5.41666600        1,000.00000000       A12                6.500000 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 3
Chase Mortgage Finance Corporation, Series 1999-S1

                                                 Statement to Certificateholders
                                                                February 25 2000

        FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

<TABLE>
<CAPTION>
                                          PRIOR
                                          PRINCIPAL
CLASS           CUSIP                     FACTOR                     PRINCIPAL
<S>             <C>                       <C>                        <C>
A13             16162TDY9                 1,000.00000000             .00000000
A14             16162TDZ6                 1,000.00000000             .00000000
A15             16162TEA0                 1,000.00000000             .00000000
A16             16162TEB8                 1,000.00000000             .00000000
A17             16162TEC6                 1,000.00000000             .00000000
A18             16162TED4                 1,000.00000000             .00000000
A19             16162TEE2                 1,000.00000000             .00000000
A20             16162TEF9                 1,000.00000000             .00000000
A21             16162TEG7                 1,000.00000000             .00000000
A22             16162TEH5                 1,000.00000000             .00000000
A23             16162TEJ1                 1,066.97187000             .00000000
AP              16162TEK8                   960.18814852            1.04358341
AR              16162TEL6                      .00000000             .00000000
M               16162TEM4                   989.77321395             .89936512
B1              16162TEN2                   989.77321667             .89936667
B2              16162TEQ5                   989.77321875             .89936250
B3              16162RCB4                   989.77320714             .89936429
B4              16162RCC2                   989.77320000             .89936250
B5              16162RCD0                   989.77342548             .89936784
TOTALS                                      936.68245972            7.48704097

A5              16162TDQ6                   989.40689970             .00000000
AX              N/A                         933.92381907             .00000000

<CAPTION>
                                                                                          PASS-THROUGH RATES
                                                           CURRENT                                   CURRENT
                                                           PRINCIPAL            CLASS              PASS THRU
CLASS             INTEREST               TOTAL             FACTOR                                       RATE
<S>              <C>                   <C>               <C>                    <C>             <C>
A13              5.62500043            5.62500043        1,000.00000000          A13             6.750000 %
A14               .00000000             .00000000        1,000.00000000          A14              .000000 %
A15              5.62500000            5.62500000        1,000.00000000          A15             6.750000 %
A16              5.62500000            5.62500000        1,000.00000000          A16             6.750000 %
A17              5.62500000            5.62500000        1,000.00000000          A17             6.750000 %
A18              5.41666667            5.41666667        1,000.00000000          A18             6.500000 %
A19              5.83333500            5.83333500        1,000.00000000          A19             7.000000 %
A20              5.83333333            5.83333333        1,000.00000000          A20             7.000000 %
A21              5.62500565            5.62500565        1,000.00000000          A21             6.750000 %
A22              5.41667000            5.41667000        1,000.00000000          A22             6.500000 %
A23               .00000000             .00000000        1,072.75130000          A23             6.500000 %
AP                .00000000            1.04358341          959.14456511          AP               .000000 %
AR                .00000000             .00000000             .00000000          AR              6.500000 %
M                5.36127209            6.26063721          988.87384884          M               6.500000 %
B1               5.36127222            6.26063889          988.87385000          B1              6.500000 %
B2               5.36126875            6.26063125          988.87385625          B2              6.500000 %
B3               5.36127143            6.26063571          988.87384286          B3              6.500000 %
B4               5.36127500            6.26063750          988.87383750          B4              6.500000 %
B5               5.36127189            6.26063973          988.87405764          B5              6.500000 %
TOTALS           4.82225351           12.30929448          929.34912085

A5               5.35928688           16.52427951          978.24190707          A5              6.500000 %
AX                .29040665            8.28587015          925.92835557          AX               .373144 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 4
Chase Mortgage Finance Corporation, Series 1999-S1

                                                 Statement to Certificateholders
                                                 February 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 5

Chase Mortgage Finance Corporation, Series 1999-S1

                                                                February 25 2000

                                                 STATEMENT TO CERTIFICATEHOLDERS
<TABLE>
<S>                  <C>                                                                             <C
Sec. 6.02(a)(iii)     Aggregate Amount of Principal Prepayments                                          2,592,842.37
                      Aggregate Amount of Repurchase Proceeds                                                    0.00

Sec. 6.02(a)(iv):     Aggregate Servicer Advances                                                           94,490.59

Sec. 6.02(a)(v):      Number of Outstanding Mortgage Loans                                                   1,197.00
                      Ending Principal Balance   of Outstanding Mortgage Loans                         371,739,769.45

Sec. 6.02(a)(vi):     Aggregate Amount of Servicing Fees                                                    96,322.21

Sec. 6.02(a)(vii)     Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
</TABLE>

<TABLE>
<CAPTION>
                              Group Totals
                                                                   Principal
                             Category              Number          Balance                 Percentage
                            <S>                   <C>             <C>                     <C>
                             1 Month               2               590,331.82                   .16 %
                             2 Months              0                      .00                   .00 %
                             3+Months              1               276,482.60                   .07 %
                              Total                3.00            866,814.42                   .23 %
</TABLE>

                       Number and Aggregate Principal Amounts of Mortgage Loans
                       in Foreclosure
                              Group Totals
                                               Principal
                              Number           Balance                Percentage
                                4.00           480,268.95                  .14 %

Sec. 6.02(a)(viii)     Number and Aggregate Principal Amounts of REO Loans
                              Group Totals
                                                Principal
                               Number           Balance               Percentage
                                 .00                .00                   .00 %

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 6

Chase Mortgage Finance Corporation, Series 1999-S1

                                                                February 25 2000

<TABLE>
<S>                    <C>                                                                        <C>
Sec. 6.02(a)(ix):       Aggregate Amount of All Advances Recovered During the Related Due Period        17,541.98

Sec. 6.02(a)(x):        Class A Percentage                                                                95.51 %
                        Class A Principal Balance                                                  357,846,540.16
                        Class M Percentage                                                                 2.27 %
                        Class M Principal Balance                                                    8,512,049.64
                        Class B Percentage                                                                 2.22 %
                        Class B Principal Balance                                                    8,314,515.78

                        NON-PO Class A Percentage                                                         95.50 %
                        NON-PO Class A Prepayment Percentage                                             100.00 %

                        M Credit Support                                                                   2.23 %
                        B1 Credit Support                                                                  1.26 %
                        B2 Credit Support                                                                  0.84 %
                        B3 Credit Support                                                                  0.47 %
                        B4 Credit Support                                                                  0.27 %

Sec. 6.02(a)(xi):       Aggregate Cummulative Losses Since Cut-Off                                           0.00

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

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Mortgage Finance Trust, Series 1999-S2
                                                                          Page 1

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

        ORIGINAL                 PRIOR
        FACE                     PRINCIPAL
CLASS   VALUE                    BALANCE                    PRINCIPAL
<S>     <C>                      <C>                        <C>
A1      215,000,000.00           201,059,495.50             643,107.65
A2      126,772,000.00           117,051,902.18             448,410.55
A3        8,000,000.00             8,000,000.00                   0.00
A4        3,651,000.00             3,651,000.00                   0.00
A5        6,008,000.00             6,008,000.00                   0.00
A6        3,731,000.00             3,731,000.00                   0.00
A7        5,611,000.00             5,611,000.00                   0.00
A8        9,581,000.00             9,581,000.00                   0.00
A9        3,200,000.00             3,200,000.00                   0.00
A10       1,000,000.00             1,000,000.00                   0.00
A11       2,948,000.00             2,948,000.00                   0.00
A12      45,000,000.00            45,000,000.00                   0.00
AP          374,266.00               369,799.08                 578.62
AR              100.00                     0.00                   0.00
M         9,900,000.00             9,808,258.53               8,762.99
B1        4,050,000.00             4,012,469.39               3,584.86
B2        1,575,000.00             1,560,404.77               1,394.11
B3        1,575,000.00             1,560,404.77               1,394.11
B4          900,000.00               891,659.87                 796.64
B5        1,125,239.36             1,114,812.00                 996.04
TOTALS  450,001,605.36           426,159,206.09           1,109,025.570

AX      420,440,757.99           396,935,008.63                   0.00

<CAPTION>
                                                                                     CURRENT
                                                       REALIZED      DEFERRED        PRINCIPAL
CLASS    INTEREST              TOTAL                   LOSES         INTEREST        BALANCE
<S>    <C>                  <C>                        <C>           <C>         <C>
A1     1,089,072.27         1,732,179.92                0.00           0.00       200,416,387.85
A2       634,031.14         1,082,441.69                0.00           0.00       116,603,491.63
A3        43,333.33            43,333.33                0.00           0.00         8,000,000.00
A4        19,776.25            19,776.25                0.00           0.00         3,651,000.00
A5        32,543.33            32,543.33                0.00           0.00         6,008,000.00
A6        20,209.58            20,209.58                0.00           0.00         3,731,000.00
A7        30,392.92            30,392.92                0.00           0.00         5,611,000.00
A8        53,713.48            53,713.48                0.00           0.00         9,581,000.00
A9        17,333.33            17,333.33                0.00           0.00         3,200,000.00
A10        6,666.67             6,666.67                0.00           0.00         1,000,000.00
A11       14,151.94            14,151.94                0.00           0.00         2,948,000.00
A12      243,750.00           243,750.00                0.00           0.00        45,000,000.00
AP             0.00               578.62                0.00           0.00           369,220.46
AR             0.00                 0.00                0.00           0.00                 0.00
M         53,128.07            61,891.06                0.00           0.00         9,799,495.54
B1        21,734.21            25,319.07                0.00           0.00         4,008,884.53
B2         8,452.19             9,846.30                0.00           0.00         1,559,010.66
B3         8,452.19             9,846.30                0.00           0.00         1,559,010.66
B4         4,829.82             5,626.46                0.00           0.00           890,863.23
B5         6,038.57             7,034.61                0.00           0.00         1,113,815.96
TOTALS 2,307,609.29         3,416,634.86                0.00           0.00       425,050,180.52

AX       129,931.81         1,200,323.88                0.00           0.00       395,864,616.56
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>

                                                                          Page 2

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                             PRIOR
                             PRINCIPAL
A1      CUSIP                FACTOR                     PRINCIPAL
<S>     <C>                  <C>                        <C>
A2      16162TFL5              935.16044419             2.99119837
A3      16162TFM3              923.32614599             3.53714188
A4      16162TFN1            1,000.00000000              .00000000
A5      16162TFP6            1,000.00000000              .00000000
A6      16162TFQ4            1,000.00000000              .00000000
A7      16162TFR2            1,000.00000000              .00000000
A8      16162TFS0            1,000.00000000              .00000000
A9      16162TFT8            1,000.00000000              .00000000
A10     16162TFU5            1,000.00000000              .00000000
A11     16162TFV5            1,000.00000000              .00000000
A12     16162TFW1            1,000.00000000              .00000000
AP      16162TFX9            1,000.00000000              .00000000
AR      16162TFY7              988.06485227             1.54601273
M       16162TFZ4                 .00000000              .00000000
B1      16162TGA8              990.73318485              .88515051
B2      16162TGB6              990.73318272              .88515062
B3      16162TGC4              990.73318730              .88514921
B4      16162TGE0              990.73318730              .88514921
B5      16162TGF7              990.73318889              .88515556
TOTALS  16162TGG5              990.73320720              .88518055
                               947.01707953             2.46449247

AX     16162TGD2               944.09260065              .00000000

<CAPTION>
                                                                                            PASS-THROUGH RATES
                                                       CURRENT                                         CURRENT
                                                       PRINCIPAL                    CLASS            PASS THRU
CLASS           INTEREST             TOTAL             FACTOR                                             RATE
<S>             <C>                  <C>               <C>                           <C>           <C>
A1              5.06545242           8.05665079           932.16924581                 A1             6.500000 %
A2              5.00134998           8.53849186           919.78900412                 A2             6.500000 %
A3              5.41666625           5.41666625         1,000.00000000                 A3             6.500000 %
A4              5.41666667           5.41666667         1,000.00000000                 A4             6.500000 %
A5              5.41666611           5.41666611         1,000.00000000                 A5             6.500000 %
A6              5.41666577           5.41666577         1,000.00000000                 A6             6.500000 %
A7              5.41666726           5.41666726         1,000.00000000                 A7             6.500000 %
A8              5.60624987           5.60624987         1,000.00000000                 A8             6.727500 %
A9              5.41666563           5.41666563         1,000.00000000                 A9             6.500000 %
A10             6.66667000           6.66667000         1,000.00000000                 A10            8.000000 %
A11             4.80052239           4.80052239         1,000.00000000                 A11            5.760625 %
A12             5.41666667           5.41666667         1,000.00000000                 A12            6.500000 %
AP               .00000000           1.54601273           986.51883954                 AP              .000000 %
AR               .00000000            .00000000              .00000000                 AR             6.500000 %
M               5.36647172           6.25162222           989.84803434                 M              6.500000 %
B1              5.36647160           6.25162222           989.84803210                 B1             6.500000 %
B2              5.36646984           6.25161905           989.84803810                 B2             6.500000 %
B3              5.36646984           6.25161905           989.84803810                 B3             6.500000 %
B4              5.36646667           6.25162222           989.84803333                 B4             6.500000 %
B5              5.36647598           6.25165654           989.84802665                 B5             6.500000 %
TOTALS          5.12800235           7.59249483           944.55258705

AX               .30903714           2.85491798           941.54671981                 AX              .392805 %
</TABLE>


<PAGE>

                                                                          Page 3
Chase Mortgage Finance Trust, Series 1999-S2

                                                 Statement to Certificateholders
                                                                February 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 1999-S2

                                                                February 25 2000
<TABLE>
<S>                 <C>                                                                          <C>
Sec. 6.02(a)(iii)    Aggregate Amount of Principal Prepayments                                        728,257.73
                     Aggregate Amount of Repurchase Proceeds                                                0.00

Sec. 6.02(a)(iv)     Aggregate Servicer Advances                                                       98,596.00

Sec. 6.02(a)(v)      Number of Outstanding Mortgage Loans                                                  1,392
                     Ending Principal Balance of Outstanding Mortgage Loans                       425,050,181.32

Sec. 6.02(a)(vi)     Aggregate Amount of Servicing Fees                                               109,132.27

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

<CAPTION>
<S>                 <C>                                                                          <C>
                              Group 1
                                                        Principal
                             Category      Number       Balance       Percentage
                             1 Month         2          359,507.88        .08 %
                             2 Months        0                 .00        .00 %
                             3+Months        0                 .00        .00 %
                              Total          2.00       359,507.88        .08 %

                     Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                              Group 1
                                                Principal
                              Number            Balance               Percentage
                               5.00             1,013,486.05               .26 %
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                                  15,412.97
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 5
Chase Mortgage Finance Trust, Series 1999-S2

                                                                February 25 2000
<TABLE>
<S>                 <C>                                                                         <C>
Sec. 6.02(a)(x)       Class A Percentage                                                             95.55377 %
                      Class M Percentage                                                              2.30155 %
                      Class B Percentage                                                              2.14468 %
                      Class A Principal Balance                                                  407,211,196.76
                      Class M Principal Balance                                                    9,808,258.53
                      Class B Principal Balance                                                    9,139,750.80
                      NON-PO Class A Percentage                                                      95.54991 %
                      NON-PO Class A Prepayment Percentage                                          100.00000 %
                      M Credit Support                                                                   2.15 %
                      B1 Credit Support                                                                  1.20 %
                      B2 Credit Support                                                                  0.84 %
                      B3 Credit Support                                                                  0.47 %
                      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 1999-S3
                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
      DISTRIBUTION IN DOLLARS

                    ORIGINAL                 PRIOR
                    FACE                     PRINCIPAL
CLASS               VALUE                    BALANCE                 PRINCIPAL
<S>                 <C>                     <C>                      <C>
A1                  112,065,223.00          101,518,655.80            453,421.26
AP                      176,004.00              151,722.36                785.82
AR                          100.00                    0.00                  0.00
M                     1,265,014.00            1,217,507.88              4,509.65
B1                      402,504.00              387,388.43              1,434.89
B2                      402,504.00              387,388.43              1,434.89
B3                      345,004.00              332,047.79              1,229.91
B4                      172,502.00              166,023.90                614.95
B5                      172,505.00              166,026.77                614.96
TOTALS              115,001,360.00          104,326,761.36            464,046.33

AX                  105,726,363.20           96,544,082.31                  0.00

<CAPTION>
                                                                                          CURRENT
                                                           REALIZED       DEFERRED        PRINCIPAL
CLASS         INTEREST               TOTAL                 LOSES          INTEREST        BALANCE
<S>          <C>                   <C>                      <C>             <C>       <C>
A1           528,743.00            982,164.26               0.00            0.00      101,065,234.54
AP                 0.00                785.82               0.00            0.00          150,936.54
AR                 0.00                  0.00               0.00            0.00                0.00
M              6,341.19             10,850.84               0.00            0.00        1,212,998.23
B1             2,017.65              3,452.54               0.00            0.00          385,953.54
B2             2,017.65              3,452.54               0.00            0.00          385,953.54
B3             1,729.42              2,959.33               0.00            0.00          330,817.88
B4               864.71              1,479.66               0.00            0.00          165,408.95
B5               864.72              1,479.68               0.00            0.00          165,411.81
TOTALS       542,578.34          1,006,624.67               0.00            0.00      103,862,715.03

AX            26,975.84            456,874.04                  0.00            0.00    96,114,184.11
</TABLE>

<TABLE>
<CAPTION>
 FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                             PRIOR
                                             PRINCIPAL
CLASS             CUSIP                      FACTOR                  PRINCIPAL
<S>             <C>                         <C>                     <C>
A1              16162TFE1                   905.88902679            4.04604790
AP              16162TFF8                   862.03927183            4.46478489
AR              16162TFG6                      .00000000             .00000000
M               16162TFH4                   962.44617056            3.56490126
B1              16162TFJ0                   962.44616203            3.56490867
B2              16162TFK7                   962.44616203            3.56490867
B3              16162TGH3                   962.44620352            3.56491519
B4              16162TGJ8                   962.44623251            3.56488620

<CAPTION>
                                                                                     PASS-THROUGH RATES
                                                             CURRENT                            CURRENT
                                                             PRINCIPAL      CLASS             PASS THRU
CLASS            INTEREST              TOTAL                 FACTOR                                RATE
<S>             <C>                   <C>                 <C>               <C>      <C>
A1              4.71817202            8.76421992          901.84297889        A1             6.250000 %
AP               .00000000            4.46478489          857.57448694        AP              .000000 %
AR               .00000000             .00000000             .00000000        AR             6.250000 %
M               5.01274294            8.57764420          958.88126930        M              6.250000 %
B1              5.01274521            8.57765389          958.88125335        B1             6.250000 %
B2              5.01274521            8.57765389          958.88125335        B2             6.250000 %
B3              5.01275348            8.57766866          958.88128833        B3             6.250000 %
B4              5.01275348            8.57763968          958.88134630        B4             6.250000 %
</TABLE>
                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 2

Chase Mortgage Finance Trust, Series 1999-S3

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                 PRIOR
                                 PRINCIPAL
 CLASS           CUSIP           FACTOR                PRINCIPAL
<S>             <C>              <C>                   <C>
B5              16162TGK6        962.44613200          3.56488218
TOTALS                           907.17850085          4.03513776

AX                               913.15050842           .00000000

<CAPTION>
                                                                                  PASS-THROUGH RATES
                                                           CURRENT                           CURRENT
                                                           PRINCIPAL      CLASS            PASS THRU
CLASS           INTEREST               TOTAL               FACTOR                               RATE
<S>            <C>                   <C>                 <C>              <C>     <C>
B5             5.01272427            8.57760645          958.88124982      B5             6.250000 %
TOTALS         4.71801673            8.75315448          903.14336309

AX              .25514772            4.32128777          909.08436837      AX              .335297 %
</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 1999-S3

                                February 25 2000
<TABLE>
<CAPTION>
<S>                       <C>                                                                                   <C>
Sec. 6.02(a)(iii)          Aggregate Amount of Principal Prepayments                                                   77,606.64
                           Aggregate Amount of Repurchase Proceeds                                                          0.00

Sec. 6.02(a)(iv)           Aggregate Servicer Advances                                                                 32,994.10

Sec. 6.02(a)(v)            Number of Outstanding Mortgage Loans                                                              345
                           Ending Principal Balance of Outstanding Mortgage Loans                                 103,862,715.54

Sec. 6.02(a)(vi)           Aggregate Amount of Servicing Fees                                                          27,377.08

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

                                   Group Totals
                                                                Principal
                                  Category         Number         Balance          Percentage
                                  1 Month            1           84,221.34             .08 %
                                  2 Months           0                 .00             .00 %
                                  3+Months           0                 .00             .00 %
                                   Total             1.00        84,221.34             .08 %

                          Number and Aggregate Principal Amounts of Mortgage
                          Loans in Foreclosure

                                   Group Totals
                                                 Principal
                                   Number         Balance             Percentage
                                    1.00         58,025.65               .06 %

Sec. 6.02(a)(viii)        Number and Aggregate Principal Amounts of REO Loans
                                   Group Totals
                                                 Principal
                                   Number         Balance             Percentage
                                    .00             .00                   .00 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 4

Chase Mortgage Finance Trust, Series 1999-S3

                                                                February 25 2000
<TABLE>
<S>                     <C>                                                             <C>
Sec. 6.02(a)(ix)         Aggregate Recovered Advances for Current Period                       3,104.59

Sec. 6.02(a)(x)          Class A Percentage                                                     97.45 %
                         Class M Percentage                                                      1.17 %
                         Class B Percentage                                                      1.38 %
                         Class A Principal Balance                                       101,670,378.16
                         Class M Principal Balance                                         1,217,507.88
                         Class B Principal Balance                                         1,438,875.32
                         NON-PO Class A Percentage                                            97.4501 %
                         NON-PO Class A Prepayment Percentage                                100.0000 %
                         M Credit Support                                                        1.38 %
                         B1 Credit Support                                                       1.01 %
                         B2 Credit Support                                                       0.64 %
                         B3 Credit Support                                                       0.32 %
                         B4 Credit Support                                                       0.16 %

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 1999-S4

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
     DISTRIBUTION IN DOLLARS

                    ORIGINAL                PRIOR
                    FACE                    PRINCIPAL
CLASS               VALUE                   BALANCE                PRINCIPAL
<S>                 <C>                     <C>                    <C>
A1                  207,499,900.00          195,129,416.50         2,336,447.40
A2                   72,600,000.00           67,522,776.05           958,941.56
A3                   10,000,000.00           10,000,000.00                 0.00
A4                   40,989,000.00           40,989,000.00                 0.00
A5                    3,250,000.00            3,250,000.00                 0.00
A6                    5,500,000.00            5,500,000.00                 0.00
A7                    1,170,000.00            1,170,000.00                 0.00
A8                    4,526,877.00            4,526,877.00                 0.00
A9                    1,300,000.00            1,300,000.00                 0.00
A10                   1,680,000.00            1,680,000.00                 0.00
A11                   2,000,000.00            2,000,000.00                 0.00
A12                   2,000,000.00            2,000,000.00                 0.00
A13                   9,500,000.00            7,145,117.84           444,769.51
A15                  25,000,000.00           25,000,000.00                 0.00
A16                   5,000,000.00            5,000,000.00                 0.00
A17                  38,363,800.00           36,835,204.88            38,764.63
AP                      504,519.00              473,908.51               454.23
AR                          100.00                    0.00                 0.00
M                     9,900,211.00            9,817,447.96             8,583.45
B1                    4,050,087.00            4,016,229.39             3,511.41
B2                    1,575,034.00            1,561,867.15             1,365.55
B3                    1,575,033.00            1,561,866.18             1,365.55
B4                      900,020.00              892,496.08               780.31
B5                    1,125,024.08            1,115,619.20               975.39
TOTALS              450,009,605.08          428,487,826.74         3,795,958.990

<CAPTION>
                                                                                         CURRENT
                                                        REALIZED         DEFERRED        PRINCIPAL
CLASS       INTEREST                TOTAL                 LOSES          INTEREST        BALANCE
<S>       <C>                   <C>                    <C>              <C>         <C>
A1        1,056,951.01          3,393,398.41               0.00            0.00      192,792,969.10
A2          365,748.37          1,324,689.93               0.00            0.00       66,563,834.49
A3           54,166.67             54,166.67               0.00            0.00       10,000,000.00
A4          222,023.75            222,023.75               0.00            0.00       40,989,000.00
A5           17,604.17             17,604.17               0.00            0.00        3,250,000.00
A6           29,791.67             29,791.67               0.00            0.00        5,500,000.00
A7            6,337.50              6,337.50               0.00            0.00        1,170,000.00
A8           24,520.58             24,520.58               0.00            0.00        4,526,877.00
A9            8,666.67              8,666.67               0.00            0.00        1,300,000.00
A10           9,100.00              9,100.00               0.00            0.00        1,680,000.00
A11          11,666.67             11,666.67               0.00            0.00        2,000,000.00
A12          10,000.00             10,000.00               0.00            0.00        2,000,000.00
A13          38,702.72            483,472.23               0.00            0.00        6,700,348.33
A15         130,208.33            130,208.33               0.00            0.00       25,000,000.00
A16          27,083.33             27,083.33               0.00            0.00        5,000,000.00
A17         199,524.03            238,288.66               0.00            0.00       36,796,440.25
AP                0.00                454.23               0.00            0.00          473,454.28
AR                0.00                  0.00               0.00            0.00                0.00
M            53,177.84             61,761.29               0.00            0.00        9,808,864.51
B1           21,754.58             25,265.99               0.00            0.00        4,012,717.98
B2            8,460.11              9,825.66               0.00            0.00        1,560,501.60
B3            8,460.11              9,825.66               0.00            0.00        1,560,500.63
B4            4,834.35              5,614.66               0.00            0.00          891,715.77
B5            6,042.94              7,018.33               0.00            0.00        1,114,643.81
TOTALS    2,314,825.40          6,110,784.39               0.00            0.00      424,691,867.75
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 2
Chase Mortgage Finance Trust, Series 1999-S4

                                                 Statement to Certificateholders
                                                                February 25 2000
<TABLE>
<CAPTION>
 DISTRIBUTION IN DOLLARS

            ORIGINAL              PRIOR
            FACE                  PRINCIPAL
CLASS       VALUE                 BALANCE                  PRINCIPAL
<S>         <C>                   <C>                      <C>
A14          25,000,000.00          25,000,000.00             0.00
AX          419,564,188.06         399,100,718.90             0.00


<CAPTION>
                                                                           CURRENT
                                               REALIZED      DEFERRED      PRINCIPAL
CLASS     INTEREST             TOTAL           LOSES         INTEREST      BALANCE
<S>     <C>                 <C>                <C>           <C>        <C>
A14       5,208.33              5,208.33       0.00            0.00      25,000,000.00
AX      129,098.38          3,897,318.27       0.00            0.00     395,332,499.01


<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                        PRIOR
                                        PRINCIPAL
CLASS           CUSIP                   FACTOR                     PRINCIPAL
<S>             <C>                     <C>                        <C>
A1              16162TGL4                   940.38318332           11.25999290
A2              16162TGM2                   930.06578581           13.20856143
A3              16162TGN0                 1,000.00000000             .00000000
A4              16162TGP5                 1,000.00000000             .00000000
A5              16162TGQ3                 1,000.00000000             .00000000
A6              16162TGR1                 1,000.00000000             .00000000
A7              16162TGS9                 1,000.00000000             .00000000
A8              16162TGT7                 1,000.00000000             .00000000
A9              16162TGU4                 1,000.00000000             .00000000
A10             16162TGV2                 1,000.00000000             .00000000
A11             16162TGW0                 1,000.00000000             .00000000
A12             16162TGX8                 1,000.00000000             .00000000
A13             16162TGY6                   752.11766737           46.81784316
A15             16162THA7                 1,000.00000000             .00000000
A16             16162THB5                 1,000.00000000             .00000000
A17             16162THC3                   960.15527346            1.01044813
AP              16162THD1                   939.32737915             .90032288

<CAPTION>
                                                                                         PASS-THROUGH RATES
                                                           CURRENT                                  CURRENT
                                                           PRINCIPAL          CLASS               PASS THRU
CLASS           INTEREST               TOTAL               FACTOR                                      RATE
<S>            <C>                  <C>                <C>                     <C>       <C>
A1             5.09374226           16.35373516          929.12319042           A1               6.500000 %
A2             5.03785634           18.24641777          916.85722438           A2               6.500000 %
A3             5.41666700            5.41666700        1,000.00000000           A3               6.500000 %
A4             5.41666667            5.41666667        1,000.00000000           A4               6.500000 %
A5             5.41666769            5.41666769        1,000.00000000           A5               6.500000 %
A6             5.41666727            5.41666727        1,000.00000000           A6               6.500000 %
A7             5.41666667            5.41666667        1,000.00000000           A7               6.500000 %
A8             5.41666584            5.41666584        1,000.00000000           A8               6.500000 %
A9             6.66666923            6.66666923        1,000.00000000           A9               8.000000 %
A10            5.41666667            5.41666667        1,000.00000000           A10              6.500000 %
A11            5.83333500            5.83333500        1,000.00000000           A11              7.000000 %
A12            5.00000000            5.00000000        1,000.00000000           A12              6.000000 %
A13            4.07397053           50.89181368          705.29982421           A13              6.500000 %
A15            5.20833320            5.20833320        1,000.00000000           A15              6.250000 %
A16            5.41666600            5.41666600        1,000.00000000           A16              6.500000 %
A17            5.20084116            6.21128929          959.14482533           A17              6.500000 %
AP              .00000000             .90032288          938.42705627           AP                .000000 %
</TABLE>
                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>



                                                                          Page 3
Chase Mortgage Finance Trust, Series 1999-S4

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                            PRIOR
                                            PRINCIPAL
CLASS           CUSIP                       FACTOR                  PRINCIPAL
<S>             <C>                         <C>                     <C>
AR              16162THE9                      .00000000             .00000000
M               16162THH2                   991.64027514             .86699667
B1              16162THF6                   991.64027588             .86699619
B2              16162THG4                   991.64027570             .86699716
B3              16162THJ8                   991.64028944             .86699771
B4              16162THK5                   991.64027466             .86699184
B5              16162THL3                   991.64028560             .86699478
TOTALS                                      952.17484672            8.43528437

A14             16162TGZ3                 1,000.00000000             .00000000
AX                                          951.22684504             .00000000

<CAPTION>
                                                                                    PASS-THROUGH RATES
                                                      CURRENT                                  CURRENT
                                                      PRINCIPAL             CLASS            PASS THRU
CLASS        INTEREST                TOTAL            FACTOR                                      RATE
<S>         <C>                 <C>                 <C>                      <C>    <C>
AR           .00000000             .00000000             .00000000            AR             6.500000 %
M           5.37138451            6.23838118          990.77327847            M              6.500000 %
B1          5.37138585            6.23838204          990.77327969            B1             6.500000 %
B2          5.37138246            6.23837962          990.77327855            B2             6.500000 %
B3          5.37138587            6.23838358          990.77329173            B3             6.500000 %
B4          5.37138064            6.23837248          990.77328282            B4             6.500000 %
B5          5.37138725            6.23838203          990.77329083            B5             6.500000 %
TOTALS      5.14394665           13.57923102          943.73956235

A14          .20833320             .20833320        1,000.00000000            A14             .250000 %
AX           .30769638            9.28896789          942.24557353            AX              .388168 %
</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 4

Chase Mortgage Finance Trust, Series 1999-S4

                                                                February 25 2000
<TABLE>
<S>                      <C>                                                                                   <C>
Sec. 6.02(a)(iii)        Aggregate Amount of Principal Prepayments                                                 3,421,287.58
                         Aggregate Amount of Repurchase Proceeds                                                           0.00

                         Group 1 Amount of Principal Prepayments                                                   3,414,759.07
                         Group 1 Amount of Repurchase Proceeds                                                             0.00

                         Group 2 Amount of Principal Prepayments                                                       6,528.51
                         Group 2 Amount of Repurchase Proceeds                                                             0.00

Sec. 6.02(a)(iv)         Aggregate Servicer Advances                                                                 114,933.58
                         Group 1  Servicer Advances                                                                   95,895.73
                         Group 2  Servicer Advances                                                                   19,037.85

Sec. 6.02(a)(v)          Number of Outstanding Mortgage Loans                                                             1,343
                         Ending Principal Balance of Outstanding Mortgage Loans                                  424,691,868.19

                         Group 1 Outstanding Mortgage Loans                                                               1,049
                         Ending Principal Balance of Group 1 Mortgage Loans                                      386,152,490.21

                         Group 2 Outstanding Mortgage Loans                                                                 294
                         Ending Principal Balance of Group 2 Mortgage Loans                                       38,539,377.98

Sec. 6.02(a)(vi)         Aggregate Amount of Servicing Fees                                                          109,728.60

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               370,024.49                .10 %
                                2 Months         0                      .00                .00 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 5
Chase Mortgage Finance Trust, Series 1999-S4
                                                                February 25 2000

<TABLE>
                              <S>                          <C>                  <C>                    <C>
                               3+Months                        0                      .00                   .00 %
                               Total                           1               370,024.49                   .10 %
                                Group 2

                                                                               Principal
                               Category                   Number               Balance                 Percentage
                               1 Month                         1               112,489.48                   .29 %
                               2 Months                        0                      .00                   .00 %
                               3+Months                        0                      .00                   .00 %
                                Total                          1.00            112,489.48                   .29 %
                                Group Totals

                                                                               Principal
                               Category                   Number               Balance                 Percentage
                               1 Month                         2               482,513.97                   .11 %
                               2 Months                        0                      .00                   .00 %
                               3+Months                        0                      .00                   .00 %
                                Total                          2.00            482,513.97                   .11 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 6
Chase Mortgage Finance Trust, Series 1999-S4

                                                                February 25 2000

<TABLE>
<CAPTION>
<S>                  <C>
                     Number and Aggregate Principal Amounts of Mortgage Loans
                     in Foreclosure

                         Group 1
                                              Principal
                         Number               Balance                Percentage
                               1.00           332,586.62                   .09 %

                         Group 2
                                              Principal
                         Number               Balance                Percentage
                               3.00           333,609.70                   .92 %

                         Group Totals
                                              Principal
                         Number               Balance                Percentage
                               4.00           666,196.32                  1.02 %

<CAPTION>
<S>                  <C>                     <C>                    <C>
Sec. 6.02(a)(viii)   Number and Aggregate Principal Amounts of REO Loans

                          Group 1
                                              Principal
                          Number              Balance                Percentage
                                .00                 .00                    .00 %

                          Group 2
                                              Principal
                          Number              Balance                Percentage
                                .00                 .00                    .00 %

                          Group Totals
                                              Principal
                          Number              Balance                Percentage
                                .00                 .00                    .00 %

Sec. 6.02(a)(ix)     Aggregate Recovered Advances for Current Period   19,451.13
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 7
Chase Mortgage Finance Trust, Series 1999-S4

                                                                February 25 2000

Sec. 6.02(a)(x)      Class A Percentage                               95.57385 %
                     Class M Percentage                                2.29118 %
                     Class B Percentage                                2.13497 %
                     Class A Principal Balance                    409,522,300.78
                     Class M Principal Balance                      9,817,447.96
                     Class B Principal Balance                      9,148,078.00
                     NON-PO Class A Percentage                        95.56895 %
                     NON-PO Class A Prepayment Percentage            100.00000 %
                     M Credit Support                                     2.13 %
                     B1 Credit Support                                    1.20 %
                     B2 Credit Support                                    0.83 %
                     B3 Credit Support                                    0.47 %
                     B4 Credit Support                                    0.26 %

Sec. 6.02(a)(xi)     Current Period Realized Losses                         0.00
                     Group 1 Current Period Realized Losses                 0.00
                     Group 2 Current Period Realized Losses                 0.00

                     Cumulative Period Realized Losses                      0.00

Sec. 6.02(a)(xiv)    Compensating Interest Shortfall                        0.00

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 1

Chase Mortgage Finance Trust, Series 1999-S5

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
      DISTRIBUTION IN DOLLARS

                    ORIGINAL                PRIOR
                    FACE                    PRINCIPAL
CLASS               VALUE                   BALANCE                  PRINCIPAL
<S>                 <C>                     <C>                      <C>
A1                   86,402,913.00           82,503,965.65           424,300.99
A2                  154,962,609.00          146,795,303.79           888,780.11
A3                   14,500,000.00           14,500,000.00                 0.00
A4                   30,151,743.00           30,151,743.00                 0.00
A5                   41,730,000.00           41,730,000.00                 0.00
A6                   13,200,000.00           11,189,667.32           218,767.84
A7                   24,943,107.00           24,943,107.00                 0.00
A8                   50,575,580.00           47,928,711.08           288,036.80
A9                    3,151,000.00            3,151,000.00                 0.00
A10                   3,400,000.00            3,400,000.00                 0.00
A11                   1,946,427.00            1,946,427.00                 0.00
A12                   8,497,427.00            8,497,427.00                 0.00
A13                   4,000,000.00            4,000,000.00                 0.00
A14                  40,814,107.00           38,609,651.14            39,203.30
AP                      488,368.00              481,281.76               550.83
M                    11,250,314.00           11,165,734.08             9,751.36
B1                    4,500,126.00            4,466,294.03             3,900.54
B2                    1,750,049.00            1,736,892.13             1,516.88
B3                    1,500,042.00            1,488,764.68             1,300.18
B4                    1,000,028.00              992,509.78               866.79
B5                    1,250,035.73            1,240,637.96             1,083.49
AR                          100.00                    0.00                 0.00
TOTALS              500,013,975.73          480,919,117.40         1,878,059.110

AX                  463,907,359.41          445,420,329.44                 0.00

<CAPTION>
                                                                                           CURRENT
                                                              REALIZED     DEFERRED       PRINCIPAL
CLASS          INTEREST               TOTAL                  LOSES         INTEREST        BALANCE
<S>            <C>                 <C>                       <C>           <C>          <C>
A1             446,896.48            871,197.47               0.00            0.00       82,079,664.66
A2             795,141.23          1,683,921.34               0.00            0.00      145,906,523.68
A3              78,541.67             78,541.67               0.00            0.00       14,500,000.00
A4             163,321.94            163,321.94               0.00            0.00       30,151,743.00
A5             226,037.50            226,037.50               0.00            0.00       41,730,000.00
A6              60,610.70            279,378.54               0.00            0.00       10,970,899.48
A7             135,108.50            135,108.50               0.00            0.00       24,943,107.00
A8             259,613.85            547,650.65               0.00            0.00       47,640,674.28
A9              17,724.38             17,724.38               0.00            0.00        3,151,000.00
A10             19,125.00             19,125.00               0.00            0.00        3,400,000.00
A11             10,948.65             10,948.65               0.00            0.00        1,946,427.00
A12             44,257.43             44,257.43               0.00            0.00        8,497,427.00
A13             21,666.67             21,666.67               0.00            0.00        4,000,000.00
A14            209,135.61            248,338.91               0.00            0.00       38,570,447.84
AP                   0.00                550.83               0.00            0.00          480,730.93
M               60,481.06             70,232.42               0.00            0.00       11,155,982.72
B1              24,192.43             28,092.97               0.00            0.00        4,462,393.49
B2               9,408.17             10,925.05               0.00            0.00        1,735,375.25
B3               8,064.14              9,364.32               0.00            0.00        1,487,464.50
B4               5,376.09              6,242.88               0.00            0.00          991,642.99
B5               6,720.12              7,803.61               0.00            0.00        1,239,554.47
AR                   0.00                  0.00               0.00            0.00                0.00
TOTALS       2,602,371.62          4,480,430.73               0.00            0.00      479,041,058.29

AX             133,180.73          1,972,642.01               0.00            0.00      443,580,868.16
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 2
Chase Mortgage Finance Trust, Series 1999-S5

                                                 Statement to Certificateholders
                                                                February 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>

<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                          PRIOR
                                          PRINCIPAL
CLASS           CUSIP                     FACTOR                    PRINCIPAL
<S>             <C>                       <C>                       <C>
A1              16162THM1                   954.87481597            4.91072552
A2              16162THN9                   947.29499418            5.73544880
A3              16162THP4                 1,000.00000000             .00000000
A4              16162THQ3                 1,000.00000000             .00000000
A5              16162THR0                 1,000.00000000             .00000000
A6              16162THS8                   847.70206970           16.57332121
A7              16162THT6                 1,000.00000000             .00000000
A8              16162THU3                   947.66508026            5.69517542
A9              16162THV1                 1,000.00000000             .00000000
A10             16162THW9                 1,000.00000000             .00000000
A11             16162THX7                 1,000.00000000             .00000000
A12             16162THY5                 1,000.00000000             .00000000
A13             16162THZ2                 1,000.00000000             .00000000
A14             16162TJA5                   945.98789433             .96053308
AP              16162TJB3                   985.48995839            1.12789945
M               16162TJD9                   992.48199472             .86676336
B1              16162TJE7                   992.48199495             .86676240
B2              16162TJE7                   992.48199908             .86676430
B3              16162TJF4                   992.48199717             .86676240
B4              16162TJH0                   992.48199050             .86676573

<CAPTION>
                                                                                           PASS-THROUGH RATES
                                                         CURRENT                                      CURRENT
                                                         PRINCIPAL          CLASS                   PASS THRU
CLASS           INTEREST              TOTAL              FACTOR                                          RATE
<S>           <C>                   <C>                <C>                  <C>            <C>
A1             5.17223858           10.08296410          949.96409045         A1                   6.500000 %
A2             5.13118123           10.86663003          941.55954537         A2                   6.500000 %
A3             5.41666690            5.41666690        1,000.00000000         A3                   6.500000 %
A4             5.41666663            5.41666663        1,000.00000000         A4                   6.500000 %
A5             5.41666667            5.41666667        1,000.00000000         A5                   6.500000 %
A6             4.59171970           21.16504091          831.12874848         A6                   6.500000 %
A7             5.41666682            5.41666682        1,000.00000000         A7                   6.500000 %
A8             5.13318582           10.82836124          941.96990484         A8                   6.500000 %
A9             5.62500159            5.62500159        1,000.00000000         A9                   6.750000 %
A10            5.62500000            5.62500000        1,000.00000000         A10                  6.750000 %
A11            5.62499904            5.62499904        1,000.00000000         A11                  6.750000 %
A12            5.20833306            5.20833306        1,000.00000000         A12                  6.250000 %
A13            5.41666750            5.41666750        1,000.00000000         A13                  6.500000 %
A14            5.12410109            6.08463417          945.02736125         A14                  6.500000 %
AP              .00000000            1.12789945          984.36205894         AP                    .000000 %
M              5.37594417            6.24270754          991.61523136         M                    6.500000 %
B1             5.37594503            6.24270743          991.61523255         B1                   6.500000 %
B2             5.37594662            6.24271092          991.61523477         B2                   6.500000 %
B3             5.37594281            6.24270520          991.61523477         B3                   6.500000 %
B4             5.37593947            6.24270520          991.61522477         B4                   6.500000 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>


                                                                          Page 3
Chase Mortgage Finance Trust, Series 1999-S5

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                            PRIOR
                                            PRINCIPAL
CLASS           CUSIP                       FACTOR                   PRINCIPAL
<S>             <C>                         <C>                      <C>
B5              16162TJJ6                   992.48199889             .86676722
AR              16162TJC1                      .00000000             .00000000
TOTALS                                      961.81135077            3.75601323

AX              16162TJG2                   960.14930655             .00000000

<CAPTION>
                                                                                       PASS-THROUGH RATES
                                                          CURRENT                                 CURRENT
                                                          PRINCIPAL          CLASS              PASS THRU
CLASS         INTEREST                TOTAL               FACTOR                                     RATE
<S>          <C>                   <C>                 <C>                    <C>             <C>
B5           5.37594233            6.24270956          991.61523167            B5               6.500000 %
AR            .00000000             .00000000             .00000000            AR               6.500000 %
TOTALS       5.20459776            8.96061100          958.05533753

AX            .28708475            4.25223263          956.18415867            AX                .358800 %
</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 4

Chase Mortgage Finance Trust, Series 1999-S5

                                              February 25 2000
<TABLE>
<S>                   <C>                                                                              <C>
Sec. 6.02(a)(iii)     Aggregate Amount of Principal Prepayments                                            1,458,021.88
                      Aggregate Amount of Repurchase Proceeds                                                      0.00

                      Group 1 Amount of Principal Prepayments                                              1,451,195.98
                      Group 1 Amount of Repurchase Proceeds                                                        0.00

                      Group 2 Amount of Principal Prepayments                                                  6,071.31
                      Group 2 Amount of Repurchase Proceeds                                                        0.00

Sec. 6.02(a)(iv)      Aggregate Servicer Advances                                                            115,665.25
                      Group 1 Servicer Advances                                                               12,795.57
                      Group 2 Servicer Advances                                                              102,869.69

Sec. 6.02(a)(v)       Number of Outstanding Mortgage Loans                                                        1,446
                      Ending Principal Balance of Outstanding Mortgage Loans                             479,041,058.54

                      Group 1 Outstanding Mortgage Loans                                                          1,156
                      Ending Principal Balance of Group 1 Mortgage Loans                                 438,602,509.41

                      Group 2 Outstanding Mortgage Loans                                                            290
                      Ending Principal Balance of Group 2 Mortgage Loans                                  40,438,549.13

Sec. 6.02(a)(vi)      Aggregate Amount of Servicing Fees                                                     123,155.38

Sec. 6.02(a)(vii)     Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
</TABLE>

                              Group 1
                                                     Principal
                             Category   Number       Balance          Percentage
                             1 Month      2          779,418.12            .18 %
                             2 Months     0                 .00            .00 %


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 5

Chase Mortgage Finance Trust, Series 1999-S5

                                                                February 25 2000
<TABLE>
                             <S>              <C>         <C>                <C>
                              3+Months           0                     .00       .00 %
                              Total              2              779,418.12       .18 %
                               Group 2

<CAPTION>
                                                               Principal
                              Category         Number           Balance       Percentage
<S>                           <C>              <C>             <C>            <C>
                              1 Month            0                 .00           .00 %
                              2 Months           0                 .00           .00 %
                              3+Months           0                 .00           .00 %
                               Total              .00              .00           .00 %
                               Group Totals

                                                               Principal
                              Category         Number           Balance       Percentage
                              1 Month            2          779,418.12           .16 %
                              2 Months           0                 .00           .00 %
                              3+Months           0                 .00           .00 %
                               Total             2.00       779,418.12           .16 %
</TABLE>


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 6

Chase Mortgage Finance Trust, Series 1999-S5

                                                                February 25 2000

                     Number and Aggregate Principal Amounts of Mortgage Loans
                     in Foreclosure
                              Group 1
                                                   Principal
                              Number               Balance            Percentage
                                  4.00             1,286,205.16            .32 %
                              Group 2
                                                   Principal
                              Number               Balance            Percentage
                                   .00                   .00               .00 %
                              Group Totals
                                                   Principal
                              Number               Balance            Percentage
                                  4.00             1,286,205.16            .32 %

Sec. 6.02(a)(viii)   Number and Aggregate Principal Amounts of REO Loans
                              Group 1
                                                   Principal
                              Number               Balance            Percentage
                                    .00                  .00               .00 %
                              Group 2
                                                   Principal
                              Number               Balance            Percentage
                                    .00                  .00               .00 %
                              Group Totals
                                                   Principal
                              Number               Balance            Percentage
                                    .00                  .00               .00 %

Sec. 6.02(a)(ix)     Aggregate Recovered Advances for Current Period   19,136.82


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 7
Chase Mortgage Finance Trust, Series 1999-S5

                                                                February 25 2000


Sec. 6.02(a)(x)      Class A Percentage                              95.61447 %
                     Class M Percentage                               2.32175 %
                     Class B Percentage                               2.06378 %
                     Class A Principal Balance                   459,828,284.74
                     Class M Principal Balance                    11,165,734.08
                     Class B Principal Balance                     9,925,098.58
                     NON-PO Class A Percentage                       95.61008 %
                     NON-PO Class A Prepayment Percentage           100.00000 %
                     M Credit Support                                    2.06 %
                     B1 Credit Support                                   1.14 %
                     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
                     Group 1 Current Period Realized Losses                0.00
                     Group 2 Current Period Realized Losses                0.00

                     Cumulative Period Realized Losses                     0.00

Sec. 6.02(a)(xiv)    Compensating Interest Shortfall                       0.00



                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 1
Chase Mortgage Finance Trust, Series 1999-S6

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS

                    ORIGINAL                PRIOR
                    FACE                    PRINCIPAL
CLASS               VALUE                   BALANCE                 PRINCIPAL
<S>                 <C>                     <C>                      <C>
A1                  165,406,000.00          152,735,470.37           712,269.72
A2                    9,330,316.00            9,330,316.00                 0.00
A3                   43,684,004.00           42,352,674.72           153,311.81
AP                      392,628.00              356,575.44             1,368.11
AR                          100.00                    0.00                 0.00
M                     3,375,110.00            3,272,248.93            11,845.16
B1                      675,002.00              654,430.40             2,368.96
B2                      787,502.00              763,501.81             2,763.79
B3                      675,002.00              654,430.40             2,368.96
B4                      337,501.00              327,215.19             1,184.48
B5                      337,501.59              327,215.76             1,184.48
TOTALS              225,000,666.59          210,774,079.02           888,665.470

AX                  199,288,133.52          186,661,730.94                 0.00

<CAPTION>
                                                                                          CURRENT
                                                         REALIZED       DEFERRED          PRINCIPAL
CLASS         INTEREST               TOTAL               LOSES          INTEREST          BALANCE
<S>          <C>                 <C>                     <C>            <C>           <C>
A1           795,497.24          1,507,766.96               0.00            0.00      152,023,200.65
A2            48,595.40             48,595.40               0.00            0.00        9,330,316.00
A3           220,586.85            373,898.66               0.00            0.00       42,199,362.91
AP                 0.00              1,368.11               0.00            0.00          355,207.33
AR                 0.00                  0.00               0.00            0.00                0.00
M             17,042.96             28,888.12               0.00            0.00        3,260,403.77
B1             3,408.49              5,777.45               0.00            0.00          652,061.44
B2             3,976.57              6,740.36               0.00            0.00          760,738.02
B3             3,408.49              5,777.45               0.00            0.00          652,061.44
B4             1,704.25              2,888.73               0.00            0.00          326,030.71
B5             1,704.25              2,888.73               0.00            0.00          326,031.28
TOTALS     1,095,924.50          1,984,589.97               0.00            0.00      209,885,413.55

AX            54,717.90            852,477.51                  0.00            0.00   185,863,971.33

<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                          PRIOR
                                          PRINCIPAL
CLASS           CUSIP                     FACTOR                    PRINCIPAL
<S>             <C>                       <C>                       <C>
A1              16162TJL1                   923.39740015            4.30619034
A2              16162TJM9                 1,000.00000000             .00000000
A3              16162TJN7                   969.52364348            3.50956405
AP              16162TJP2                   908.17628901            3.48449423
AR              16162TJQ0                      .00000000             .00000000
M               16162TJR8                   969.52363923            3.50956265

<CAPTION>
                                                                                            PASS-THROUGH RATES
                                                  CURRENT                                              CURRENT
                                                  PRINCIPAL                    CLASS                 PASS THRU
CLASS     INTEREST              TOTAL             FACTOR                                                  RATE
<S>       <C>                   <C>               <C>                           <C>         <C>
A1        4.80936145            9.11555179          919.09120981                 A1                 6.250000 %
A2        5.20833378            5.20833378        1,000.00000000                 A2                 6.250000 %
A3        5.04960237            8.55916642          966.01407943                 A3                 6.250000 %
AP         .00000000            3.48449423          904.69179478                 AP                  .000000 %
AR         .00000000             .00000000             .00000000                 AR                 6.250000 %
M         5.04960135            8.55916400          966.01407658                 M                  6.250000 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 2
Chase Mortgage Finance Trust, Series 1999-S6

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                            PRIOR
                                            PRINCIPAL
CLASS           CUSIP                       FACTOR                  PRINCIPAL
<S>             <C>                         <C>                     <C>
B1              16162TJS6                   969.52364586            3.50955997
B2              16162TJT4                   969.52364565            3.50956569
B3              16162TJU1                   969.52364586            3.50955997
B4              16162TJV9                   969.52361623            3.50955997
B5              16162TJW7                   969.52361024            3.50955384
TOTALS                                      936.77090924            3.94961261

AX                                          936.64247661             .00000000

<CAPTION>
                                                                                                      PASS-THROUGH RATES
                                                           CURRENT                                               CURRENT
                                                           PRINCIPAL                  CLASS                    PASS THRU
CLASS             INTEREST               TOTAL             FACTOR                                                   RATE
<S>              <C>                   <C>                 <C>                         <C>                  <C>
B1               5.04959985            8.55915982          966.01408588                 B1                    6.250000 %
B2               5.04959987            8.55916556          966.01407996                 B2                    6.250000 %
B3               5.04959985            8.55915982          966.01408588                 B3                    6.250000 %
B4               5.04961467            8.55917464          966.01405625                 B4                    6.250000 %
B5               5.04960584            8.55915968          966.01405641                 B5                    6.250000 %
TOTALS           4.87076113            8.82037374          932.82129663

AX                .27456677            4.27761300          932.63943039                 AX                     .351767 %
</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 1999-S6

                                                                February 25 2000
<TABLE>
<S>                 <C>                                                                   <C>
Sec. 6.02(a)(iii)    Aggregate Amount of Principal Prepayments                                  125,645.31
                     Aggregate Amount of Repurchase Proceeds                                          0.00

Sec. 6.02(a)(iv)     Aggregate Servicer Advances                                                 41,708.45

Sec. 6.02(a)(v)      Number of Outstanding Mortgage Loans                                              693
                     Ending Principal Balance of Outstanding Mortgage Loans                 209,885,414.28

Sec. 6.02(a)(vi)     Aggregate Amount of Servicing Fees                                          55,134.99

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             .00               .00 %
                            2 Months       0             .00               .00 %
                            3+Months       0             .00               .00 %
                             Total          .00          .00               .00 %

                     Number and Aggregate Principal Amounts of Mortgage Loans
                     in Foreclosure
                             Group 1
                                                 Principal
                             Number              Balance              Percentage
                               .00                .00                      .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                              4,353.19
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>


                                                                          Page 4
Chase Mortgage Finance Trust, Series 1999-S6

                                                                February 25 2000
<TABLE>
<S>                   <C>                                                                    <C>
Sec. 6.02(a)(x)       Class A Percentage                                                         97.15380 %
                      Class M Percentage                                                          1.55249 %
                      Class B Percentage                                                          1.29370 %
                      Class A Principal Balance                                              204,775,036.53
                      Class M Principal Balance                                                3,272,248.93
                      Class B Principal Balance                                                2,726,793.56
                      NON-PO Class A Percentage                                                  97.14898 %
                      NON-PO Class A Prepayment Percentage                                      100.00000 %
                      M Credit Support                                                               1.30 %
                      B1 Credit Support                                                              0.98 %
                      B2 Credit Support                                                              0.62 %
                      B3 Credit Support                                                              0.31 %
                      B4 Credit Support                                                              0.16 %

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 Mortage Finance Trust, Series 1999-S7

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
    DISTRIBUTION IN DOLLARS

                    ORIGINAL                PRIOR
                    FACE                    PRINCIPAL
CLASS               VALUE                   BALANCE                  PRINCIPAL
<S>                 <C>                     <C>                      <C>
A1                  121,433,000.00          114,638,726.79           443,438.12
AP                      127,811.00              124,020.67               467.90
AR                          100.00                    0.00                 0.00
M                     1,875,000.00            1,824,920.37             6,456.12
B1                      375,000.00              364,984.08             1,291.22
B2                      437,000.00              425,328.10             1,504.71
B3                      375,000.00              364,984.08             1,291.22
B4                      187,000.00              182,005.39               643.89
B5                      190,214.48              185,133.99               654.96
TOTALS              125,000,125.48          118,110,103.47           455,748.140

AX                  117,596,935.26          110,927,349.42                 0.00

<CAPTION>
                                                                                          CURRENT
                                                          REALIZED       DEFERRED       PRINCIPAL
CLASS        INTEREST               TOTAL                 LOSES          INTEREST         BALANCE
<S>         <C>                 <C>                        <C>             <C>       <C>
A1          597,076.70          1,040,514.82               0.00            0.00      114,195,288.67
AP                0.00                467.90               0.00            0.00          123,552.77
AR                0.00                  0.00               0.00            0.00                0.00
M             9,504.79             15,960.91               0.00            0.00        1,818,464.25
B1            1,900.96              3,192.18               0.00            0.00          363,692.86
B2            2,215.25              3,719.96               0.00            0.00          423,823.39
B3            1,900.96              3,192.18               0.00            0.00          363,692.86
B4              947.94              1,591.83               0.00            0.00          181,361.50
B5              964.24              1,619.20               0.00            0.00          184,479.03
TOTALS      614,510.84          1,070,258.98               0.00            0.00      117,654,355.33

AX           32,965.72            461,072.28                  0.00            0.00   110,499,242.86

<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
                                            PRIOR
                                            PRINCIPAL
CLASS           CUSIP                       FACTOR                  PRINCIPAL
<S>             <C>                         <C>                     <C>
A1              16162T JX5                  944.04920236            3.65171016
AP              16162T JY3                  970.34425832            3.66087426
AR              16162T JZ0                     .00000000             .00000000
M               16162T KA3                  973.29086400            3.44326400
B1              16162T KB1                  973.29088000            3.44325333
B2              16162T KC9                  973.29084668            3.44327231
B3              16162T KD7                  973.29088000            3.44325333
B4              16162T KE5                  973.29085561            3.44326203

<CAPTION>
                                                                                      PASS-THROUGH RATES
                                                             CURRENT                             CURRENT
                                                             PRINCIPAL        CLASS            PASS THRU
CLASS             INTEREST               TOTAL               FACTOR                                 RATE
<S>              <C>                   <C>                 <C>                 <C>    <C>
A1               4.91692291            8.56863307          940.39749220         A1            6.250000 %
AP                .00000000            3.66087426          966.68338406         AP             .000000 %
AR                .00000000             .00000000             .00000000         AR            6.250000 %
M                5.06922133            8.51248533          969.84760000         M             6.250000 %
B1               5.06922667            8.51248000          969.84762667         B1            6.250000 %
B2               5.06922197            8.51249428          969.84757437         B2            6.250000 %
B3               5.06922667            8.51248000          969.84762667         B3            6.250000 %
B4               5.06919786            8.51245989          969.84759358         B4            6.250000 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 2
Chase Mortage Finance Trust, Series 1999-S7

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                            PRIOR
                                            PRINCIPAL
CLASS           CUSIP                       FACTOR                  PRINCIPAL
B5              16162T KF2                  973.29072950            3.44327099
TOTALS                                      944.87987925            3.64598146

AX                                          943.28435664             .00000000

<CAPTION>
                                                                                      PASS-THROUGH RATES
                                                           CURRENT                               CURRENT
                                                           PRINCIPAL         CLASS             PASS THRU
CLASS         INTEREST                TOTAL                FACTOR                                   RATE
<S>           <C>                   <C>                 <C>                  <C>      <C>
B5            5.06922501            8.51249600          969.84745851           B5             6.250000 %
TOTALS        4.91608179            8.56206325          941.23389779

AX             .28032805            3.92078483          939.64389987           AX              .356619 %
</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 Mortage Finance Trust, Series 1999-S7

                                                                February 25 2000
<TABLE>
<S>                <C>                                                                             <C>
Sec. 6.02(a)(iii)   Aggregate Amount of Principal Prepayments                                             37,884.86
                    Aggregate Amount of Repurchase Proceeds                                                    0.00

Sec. 6.02(a)(iv)    Aggregate Servicer Advances                                                            4,590.45

Sec. 6.02(a)(v)     Number of Outstanding Mortgage Loans                                                        360
                    Ending Principal Balance of Outstanding Mortgage Loans                           117,654,355.34

Sec. 6.02(a)(vi)    Aggregate Amount of Servicing Fees                                                    30,994.06

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              .00                     .00 %
                     2 Months       0              .00                     .00 %
                     3+Months       0              .00                     .00 %
                      Total          .00           .00                     .00 %

                    Number and Aggregate Principal Amounts of Mortgage Loans in
                    Foreclosure

                      Group 1
                                   Principal
                      Number       Balance      Percentage
                         .00         .00           .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                                       12,683.29
</TABLE>


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 4
Chase Mortage Finance Trust, Series 1999-S7

                                                                February 25 2000


Sec. 6.02(a)(x)      Class A Percentage                              97.16590 %
                     Class M Percentage                               1.54510 %
                     Class B Percentage                               1.28900 %
                     Class A Principal Balance                   114,762,747.46
                     Class M Principal Balance                     1,824,920.37
                     Class B Principal Balance                     1,522,435.64
                     NON-PO Class A Percentage                       97.16292 %
                     NON-PO Class A Prepayment Percentage           100.00000 %
                     M Credit Support                                    1.29 %
                     B1 Credit Support                                   0.98 %
                     B2 Credit Support                                   0.62 %
                     B3 Credit Support                                   0.31 %
                     B4 Credit Support                                   0.16 %

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



                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 1

Chase Mortgage Finance Trust
Series 1999-S8

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
  DISTRIBUTION IN DOLLARS

                    ORIGINAL                PRIOR
                    FACE                    PRINCIPAL
CLASS               VALUE                   BALANCE                PRINCIPAL
<S>                 <C>                     <C>                    <C>
A1                  167,414,000.00          167,414,000.00                 0.00
A2                   76,000,000.00           76,000,000.00                 0.00
A3                   35,222,000.00           35,222,000.00                 0.00
A4                   20,000,000.00           17,605,162.17           505,805.92
A5                   18,750,000.00           16,433,149.56           460,290.45
A6                  124,000,000.00          113,863,472.67         2,013,831.64
A7                   76,900,000.00           79,623,018.74                 0.00
A8                   16,063,000.00           16,063,000.00                 0.00
A9                   10,137,000.00           10,137,000.00                 0.00
A10                   3,500,000.00            3,500,000.00                 0.00
A11                  15,065,000.00           14,437,719.18           124,622.37
A12                   4,485,000.00            4,298,252.27            37,101.32
A13                  16,215,900.00            9,610,195.26                 0.00
A14                  11,300,600.00           10,576,712.98            97,078.78
AP                    3,387,180.00            3,338,164.87             3,485.94
AR                          100.00                    0.00                 0.00
M                    13,750,000.00           13,671,424.42            11,614.48
B1                    5,625,000.00            5,592,855.45             4,751.38
B2                    2,500,000.00            2,485,713.53             2,111.72
B3                    1,875,000.00            1,864,285.15             1,583.79
B4                    1,250,000.00            1,242,856.76             1,055.86
B5                    1,563,298.80            1,554,365.21             1,320.50
TOTALS              625,003,078.80          604,533,348.22         3,264,654.150

<CAPTION>
                                                                                            CURRENT
                                                           REALIZED       DEFERRED        PRINCIPAL
CLASS           INTEREST               TOTAL                 LOSES        INTEREST          BALANCE
<S>           <C>                 <C>                      <C>         <C>             <C>
A1            885,899.08            885,899.08               0.00            0.00      167,414,000.00
A2            411,666.67            411,666.67               0.00            0.00       76,000,000.00
A3            195,188.58            195,188.58               0.00            0.00       35,222,000.00
A4             96,094.84            601,900.76               0.00            0.00       17,099,356.25
A5             89,697.61            549,988.06               0.00            0.00       15,972,859.11
A6            621,504.79          2,635,336.43               0.00            0.00      111,849,641.03
A7            137,062.33            137,062.33               0.00      464,467.61       80,087,486.35
A8             93,700.83             93,700.83               0.00            0.00       16,063,000.00
A9             59,132.50             59,132.50               0.00            0.00       10,137,000.00
A10            20,416.67             20,416.67               0.00            0.00        3,500,000.00
A11            74,760.31            199,382.68               0.00            0.00       14,313,096.81
A12            27,506.74             64,608.06               0.00            0.00        4,261,150.95
A13                 0.00                  0.00               0.00       56,059.47        9,666,254.73
A14                 0.00             97,078.78               0.00            0.00       10,479,634.20
AP                  0.00              3,485.94               0.00            0.00        3,334,678.93
AR                  0.00                  0.00               0.00            0.00                0.00
M              76,901.76             88,516.24               0.00            0.00       13,659,809.94
B1             31,459.81             36,211.19               0.00            0.00        5,588,104.07
B2             13,982.14             16,093.86               0.00            0.00        2,483,601.81
B3             10,486.60             12,070.39               0.00            0.00        1,862,701.36
B4              6,991.07              8,046.93               0.00            0.00        1,241,800.90
B5              8,743.30             10,063.80               0.00            0.00        1,553,044.71
TOTALS      2,861,195.63          6,125,849.78               0.00      520,527.08      601,789,221.15
</TABLE>


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 2

Chase Mortgage Finance Trust
Series 1999-S8

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
        DISTRIBUTION IN DOLLARS

                    ORIGINAL                PRIOR
                    FACE                    PRINCIPAL
CLASS               VALUE                   BALANCE                 PRINCIPAL
<S>                 <C>                     <C>                     <C>
AX                  468,582,348.57          450,608,279.76          0.00
A7C1                 13,257,451.85           13,257,451.85          0.00
A7C2                 11,719,285.71           10,712,427.16          0.00

A7C3                 76,900,000.00           79,623,018.78          0.00

<CAPTION>
                                                                                   CURRENT
                                                  REALIZED         DEFERRED       PRINCIPAL
CLASS         INTEREST             TOTAL            LOSES          INTEREST        BALANCE
<S>         <C>                 <C>               <C>              <C>        <C>
AX          103,602.70          2,682,949.54         0.00            0.00     448,028,932.92
A7C1         74,573.17             74,573.17         0.00            0.00      13,257,451.85
A7C2         62,489.16            264,452.48         0.00            0.00      10,510,463.84

A7C3              0.00                  0.00         0.00      464,467.61      80,087,486.39

<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
                                          PRIOR
                                          PRINCIPAL
CLASS           CUSIP                     FACTOR                   PRINCIPAL
<S>             <C>                       <C>                      <C>
A1              16162TLE4                 1,000.00000000             .00000000
A2              16162TLF1                 1,000.00000000             .00000000
A3              16162TLG9                 1,000.00000000             .00000000
A4              16162TLH7                   880.25810850           25.29029600
A5              16162TLJ3                   876.43464320           24.54882400
A6              16162TLK0                   918.25381185           16.24057774
A7              16162TLL8                 1,035.40986658             .00000000
A8              16162TLM6                 1,000.00000000             .00000000
A9              16162TLN4                 1,000.00000000             .00000000
A10             16162TLP9                 1,000.00000000             .00000000
A11             16162TLQ7                   958.36171125            8.27231132
A12             16162TLR5                   958.36171014            8.27231215
A13             16162TLS3                   592.64026419             .00000000
A14             16162TLT1                   935.94260305            8.59058634
AP              16162TLU8                   985.52922195            1.02915700

<CAPTION>
                                                                                            PASS-THROUGH RATES
                                                          CURRENT                                      CURRENT
                                                          PRINCIPAL          CLASS                   PASS THRU
CLASS           INTEREST               TOTAL              FACTOR                                          RATE
<S>            <C>                  <C>               <C>                    <C>            <C>
A1             5.29166665            5.29166665        1,000.00000000          A1                   6.350000 %
A2             5.41666671            5.41666671        1,000.00000000          A2                   6.500000 %
A3             5.54166657            5.54166657        1,000.00000000          A3                   6.650000 %
A4             4.80474200           30.09503800          854.96781250          A4                   6.550000 %
A5             4.78387253           29.33269653          851.88581920          A5                   6.550000 %
A6             5.01213540           21.25271315          902.01323411          A6                   6.550000 %
A7             1.78234499            1.78234499        1,041.44975748          A7                   2.065669 %
A8             5.83333313            5.83333313        1,000.00000000          A8                   7.000000 %
A9             5.83333333            5.83333333        1,000.00000000          A9                   7.000000 %
A10            5.83333429            5.83333429        1,000.00000000          A10                  7.000000 %
A11            4.96251643           13.23482775          950.08939993          A11                  6.213750 %
A12            6.13305240           14.40536455          950.08939799          A12                  7.679420 %
A13             .00000000             .00000000          596.09733225          A13                  7.000000 %
A14             .00000000            8.59058634          927.35201671          A14                   .000000 %
AP              .00000000            1.02915700          984.50006495          AP                    .000000 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 3
Chase Mortgage Finance Trust
Series 1999-S8

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
                                            PRIOR
                                            PRINCIPAL
CLASS           CUSIP                       FACTOR                  PRINCIPAL
<S>             <C>                         <C>                     <C>
AR              16162TLV6                      .00000000             .00000000
M               16162TLW4                   994.28541236             .84468945
B1              16162TLX2                   994.28541333             .84468978
B2              16162TLY0                   994.28541200             .84468800
B3              16162TLZ7                   994.28541333             .84468800
B4              16162TMA1                   994.28540800             .84468800
B5              16162TMB9                   994.28542387             .84468817
TOTALS                                      967.24859241            5.22342091

AX              N/A                         961.64160075             .00000000
A7C1            N/A                       1,000.00000000             .00000000
A7C2            N/A                         914.08533123             .00000000

A7C3            N/A                       1,035.40986710             .00000000

<CAPTION>
                                                                                                 PASS-THROUGH RATES
                                                      CURRENT                                               CURRENT
                                                      PRINCIPAL                  CLASS                    PASS THRU
CLASS        INTEREST                TOTAL            FACTOR                                                   RATE
<S>          <C>                   <C>                <C>                         <C>            <C>
AR            .00000000             .00000000             .00000000                 AR                   6.750000 %
M            5.59285527            6.43754473          993.44072291                 M                    6.750000 %
B1           5.59285511            6.43754489          993.44072356                 B1                   6.750000 %
B2           5.59285600            6.43754400          993.44072400                 B2                   6.750000 %
B3           5.59285333            6.43754133          993.44072533                 B3                   6.750000 %
B4           5.59285600            6.43754400          993.44072000                 B4                   6.750000 %
B5           5.59285275            6.43754092          993.44073571                 B5                   6.750000 %
TOTALS       4.57789046            9.80131137          962.85801072

AX            .22109817            5.72567351          956.13702541                 AX                    .275900 %
A7C1         5.62500025            5.62500025        1,000.00000000                 A7C1                 6.750000 %
A7C2         5.33216457           22.56558007          896.85191573                 A7C2                 7.000000 %

A7C3          .00000000             .00000000        1,041.44975800                 A7C3                 7.000000 %
</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 4
Chase Mortgage Finance Trust
Series 1999-S8

                                                                February 25 2000
<TABLE>
<S>               <C>                                                                            <C>
Sec. 6.02(a)(iii)  Aggregate Amount of Principal Prepayments                                         2,230,345.21
                   Aggregate Amount of Repurchase Proceeds                                                   0.00

Sec. 6.02(a)(iv)   Aggregate Servicer Advances                                                         168,271.73

Sec. 6.02(a)(v)    Number of Outstanding Mortgage Loans                                                     1,834
                   Ending Principal Balance of Outstanding Mortgage Loans                          601,789,221.41

Sec. 6.02(a)(vi)   Aggregate Amount of Servicing Fees                                                  154,810.91

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

                            Group 1
                                                       Principal
                           Category     Number         Balance        Percentage
                           1 Month        3           815,689.74           .14 %
                           2 Months       0                  .00           .00 %
                           3+Months       0                  .00           .00 %
                            Total         3.00        815,689.74           .14 %

                   Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure
                            Group 1
                                                  Principal
                           Number                 Balance             Percentage
                             1.00                 244,971.10               .05 %

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                                      34,289.96
</TABLE>


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 5
Chase Mortgage Finance Trust
Series 1999-S8
                                                                February 25 2000


Sec. 6.02(a)(x)     Class A Percentage                               95.63109 %
                    Class M Percentage                                2.26148 %
                    Class B Percentage                                2.10742 %
                    Class A Principal Balance                    578,121,847.74
                    Class M Principal Balance                     13,671,424.42
                    Class B Principal Balance                     12,740,076.10
                    NON-PO Class A Percentage                        95.60683 %
                    NON-PO Class A Prepayment Percentage            100.00000 %
                    M Credit Support                                     2.12 %
                    B1 Credit Support                                    1.19 %
                    B2 Credit Support                                    0.78 %
                    B3 Credit Support                                    0.47 %
                    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



                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 1
Chase Mortgage Finance Trust
Series 1999-S9

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
  DISTRIBUTION IN DOLLARS
                    ORIGINAL                PRIOR
                    FACE                    PRINCIPAL
CLASS               VALUE                   BALANCE                 PRINCIPAL
<S>                 <C>                     <C>                     <C>
A1                  138,313,000.00          133,017,492.96           554,785.61
A2                   11,517,000.00           11,517,000.00                 0.00
A3                   18,265,000.00           17,839,278.42            62,476.03
A4                   11,659,635.00           11,387,871.61            39,882.16
AP                      164,041.00              159,615.56               652.64
AR                          100.00                    0.00                 0.00
M                     2,775,097.00            2,710,414.90             9,492.31
B1                      555,019.00              542,082.59             1,898.46
B2                      647,523.00              632,430.50             2,214.87
B3                      555,019.00              542,082.59             1,898.46
B4                      277,510.00              271,041.78               949.23
B5                      277,510.15              271,041.93               949.23
TOTALS              185,006,454.15          178,890,352.84           675,199.000

AX                  177,144,828.10          171,229,263.83                 0.00

<CAPTION>
                                                                                        CURRENT
                                                         REALIZED       DEFERRED        PRINCIPAL
CLASS        INTEREST               TOTAL                LOSES          INTEREST        BALANCE
<S>        <C>                 <C>                        <C>             <C>       <C>
A1         692,799.44          1,247,585.05               0.00            0.00      132,462,707.35
A2          59,984.38             59,984.38               0.00            0.00       11,517,000.00
A3          92,912.91            155,388.94               0.00            0.00       17,776,802.39
A4          59,311.83             99,193.99               0.00            0.00       11,347,989.45
AP               0.00                652.64               0.00            0.00          158,962.92
AR               0.00                  0.00               0.00            0.00                0.00
M           14,116.74             23,609.05               0.00            0.00        2,700,922.59
B1           2,823.35              4,721.81               0.00            0.00          540,184.13
B2           3,293.91              5,508.78               0.00            0.00          630,215.63
B3           2,823.35              4,721.81               0.00            0.00          540,184.13
B4           1,411.68              2,360.91               0.00            0.00          270,092.55
B5           1,411.68              2,360.91               0.00            0.00          270,092.70
TOTALS     930,889.27          1,606,088.27               0.00            0.00      178,215,153.84

AX          55,778.26            701,817.85               0.00            0.00      170,583,224.24

<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
                                          PRIOR
                                          PRINCIPAL
CLASS           CUSIP                     FACTOR                  PRINCIPAL
<S>             <C>                       <C>                     <C>
A1              16162TKV7                   961.71359858            4.01108797
A2              16162TKW5                 1,000.00000000             .00000000
A3              16162TKX3                   976.69194744            3.42053271
A4              16162TKY1                   976.69194705            3.42053246

<CAPTION>
                                                                                               PASS-THROUGH RATES
                                                         CURRENT                                          CURRENT
                                                         PRINCIPAL                  CLASS               PASS THRU
CLASS           INTEREST              TOTAL              FACTOR                                              RATE
<S>           <C>                   <C>              <C>                            <C>        <C>
A1            5.00892497            9.02001294          957.70251061                 A1                6.250000 %
A2            5.20833377            5.20833377        1,000.00000000                 A2                6.250000 %
A3            5.08693731            8.50747002          973.27141473                 A3                6.250000 %
A4            5.08693711            8.50746957          973.27141459                 A4                6.250000 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 2
Chase Mortgage Finance Trust
Series 1999-S9

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                            PRIOR
                                            PRINCIPAL
CLASS           CUSIP                       FACTOR                  PRINCIPAL
<S>             <C>                         <C>                     <C>
AP              16162TKZ8                   973.02235417            3.97851757
AR              16162TLA2                      .00000000             .00000000
M               16162TLB0                   976.69194987            3.42053269
B1              16162TLC8                   976.69195109            3.42053155
B2              16162TLD6                   976.69194762            3.42052715
B3              16162TMC7                   976.69195109            3.42053155
B4              16162TMD5                   976.69193903            3.42052539
B5              16162TME3                   976.69195163            3.42052354
TOTALS                                      966.94114625            3.64959700

AX              N/A                         966.60605713             .00000000

<CAPTION>
                                                                                     PASS-THROUGH RATES
                                                         CURRENT                                CURRENT
                                                         PRINCIPAL        CLASS               PASS THRU
CLASS         INTEREST              TOTAL                FACTOR                                    RATE
<S>        <C>                  <C>                 <C>                    <C>       <C>
AP           .00000000            3.97851757          969.04383660          AP                .000000 %
AR           .00000000             .00000000             .00000000          AR               6.250000 %
M           5.08693570            8.50746839          973.27141718          M                6.250000 %
B1          5.08694297            8.50747452          973.27141954          B1               6.250000 %
B2          5.08693900            8.50746614          973.27142047          B2               6.250000 %
B3          5.08694297            8.50747452          973.27141954          B3               6.250000 %
B4          5.08695182            8.50747721          973.27141364          B4               6.250000 %
B5          5.08694907            8.50747261          973.27142809          B5               6.250000 %
TOTALS      5.03165835            8.68125535          963.29154925

AX           .31487377            3.96183088          962.95910002          AX                .390902 %
</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 1999-S9
                                                                February 25 2000

<TABLE>
<S>                 <C>                                                                            <C>
Sec. 6.02(a)(iii)    Aggregate Amount of Principal Prepayments                                            48,677.94
                     Aggregate Amount of Repurchase Proceeds                                                   0.00

Sec. 6.02(a)(iv)     Aggregate Servicer Advances                                                          52,628.67

Sec. 6.02(a)(v)      Number of Outstanding Mortgage Loans                                                       596
                     Ending Principal Balance of Outstanding Mortgage Loans                          178,215,154.30

Sec. 6.02(a)(vi)     Aggregate Amount of Servicing Fees                                                   46,794.73

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               .00           .00 %
                            2 Months         1        543,552.23           .30 %
                            3+Months         0               .00           .00 %
                             Total           1.00     543,552.23           .30 %

                     Number and Aggregate Principal Amounts of Mortgage Loans in
                     Foreclosure
                             Group 1
                                                Principal
                             Number             Balance               Percentage
                                .00                .00                     .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                                       5,441.98
</TABLE>


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 4

Chase Mortgage Finance Trust
Series 1999-S9

                                                                February 25 2000


Sec. 6.02(a)(x)       Class A Percentage                             97.22227 %
                      Class M Percentage                              1.51513 %
                      Class B Percentage                              1.26261 %
                      Class A Principal Balance                  173,921,258.55
                      Class M Principal Balance                    2,710,414.90
                      Class B Principal Balance                    2,258,679.39
                      NON-PO Class A Percentage                      97.21979 %
                      NON-PO Class A Prepayment Percentage          100.00000 %
                      M Credit Support                                   1.26 %
                      B1 Credit Support                                  0.96 %
                      B2 Credit Support                                  0.61 %
                      B3 Credit Support                                  0.30 %
                      B4 Credit Support                                  0.15 %

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

Sec. 6.02(a)(xiv)     Compensating Interest Shortfall                      0.00



                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 1
Chase Mortgage Finance Trust
Series 1999-S10

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
        DISTRIBUTION IN DOLLARS

                   ORIGINAL                PRIOR
                   FACE                    PRINCIPAL
CLASS              VALUE                   BALANCE                   PRINCIPAL
<S>                <C>                     <C>                       <C>
A1                   71,665,000.00           71,665,000.00                  0.00
A2                   15,000,000.00           15,000,000.00                  0.00
A3                   21,400,000.00           21,400,000.00                  0.00
A4                   50,500,000.00           48,131,329.19            470,683.84
A5                   16,987,952.00           16,191,142.78            158,335.73
A6                    6,512,048.00            6,206,604.47             60,695.36
A7                    7,785,000.00            4,690,506.61                  0.00
A8                   22,275,000.00           22,275,000.00                  0.00
A9                    7,425,000.00            7,425,000.00                  0.00
A10                  57,400,000.00           55,000,632.69            271,718.24
A11                   7,500,000.00            7,500,000.00                  0.00
A12                  11,700,000.00           11,700,000.00                  0.00
A13                  63,300,000.00           63,300,000.00                  0.00
A14                  20,000,000.00           19,061,912.55            186,409.44
A16                  80,739,000.00           80,739,000.00                  0.00
A17                  37,000,000.00           37,000,000.00                  0.00
A18                  17,411,000.00           17,411,000.00                  0.00
A19                  77,800,000.00           72,266,443.14          1,004,551.55
A20                  33,000,000.00           34,085,074.02                  0.00
A21                   3,801,200.00            1,265,072.08                  0.00
A22                  27,200,000.00           27,200,000.00                  0.00
A23                  10,503,800.00            9,986,421.06             58,590.99
AP                    3,344,515.00            3,303,803.47              6,257.01
AR                          100.00                    0.00                  0.00

<CAPTION>
                                                                                           CURRENT
                                                           REALIZED       DEFERRED       PRINCIPAL
CLASS         INTEREST               TOTAL                 LOSES          INTEREST         BALANCE
<S>          <C>                   <C>                      <C>       <C>             <C>
A1           403,115.63            403,115.63               0.00            0.00       71,665,000.00
A2            84,375.00             84,375.00               0.00            0.00       15,000,000.00
A3           120,375.00            120,375.00               0.00            0.00       21,400,000.00
A4           253,240.98            723,924.82               0.00            0.00       47,660,645.35
A5           108,419.10            266,754.83               0.00            0.00       16,032,807.05
A6            41,995.59            102,690.95               0.00            0.00        6,145,909.11
A7                 0.00                  0.00               0.00       26,384.10        4,716,890.71
A8           126,735.47            126,735.47               0.00            0.00       22,275,000.00
A9            40,327.03             40,327.03               0.00            0.00        7,425,000.00
A10          309,378.56            581,096.80               0.00            0.00       54,728,914.45
A11           42,187.50             42,187.50               0.00            0.00        7,500,000.00
A12           65,812.50             65,812.50               0.00            0.00       11,700,000.00
A13          356,062.50            356,062.50               0.00            0.00       63,300,000.00
A14          100,293.46            286,702.90               0.00            0.00       18,875,503.11
A16          437,336.25            437,336.25               0.00            0.00       80,739,000.00
A17          200,416.67            200,416.67               0.00            0.00       37,000,000.00
A18           94,309.58             94,309.58               0.00            0.00       17,411,000.00
A19          421,554.25          1,426,105.80               0.00            0.00       71,261,891.59
A20           43,211.76             43,211.76               0.00      205,930.66       34,291,004.68
A21                0.00                  0.00               0.00        7,643.14        1,272,715.22
A22          164,333.33            164,333.33               0.00            0.00       27,200,000.00
A23                0.00             58,590.99               0.00            0.00        9,927,830.07
AP                 0.00              6,257.01               0.00            0.00        3,297,546.46
AR                 0.00                  0.00               0.00            0.00                0.00
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 2
Chase Mortgage Finance Trust
Series 1999-S10

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
   DISTRIBUTION IN DOLLARS

                    ORIGINAL                PRIOR
                    FACE                    PRINCIPAL
CLASS               VALUE                   BALANCE               PRINCIPAL
<S>                 <C>                     <C>                   <C>
M                    16,100,000.00           16,022,056.91            13,372.11
B1                    5,950,000.00            5,921,194.95             4,941.87
B2                    2,450,000.00            2,438,139.09             2,034.89
B3                    2,100,000.00            2,089,833.51             1,744.19
B4                    1,400,000.00            1,393,222.33             1,162.79
B5                    1,750,998.00            1,742,521.09             1,454.32
TOTALS              700,000,613.00          682,410,909.94         2,241,952.330

A15                  20,000,000.00           19,061,912.55                 0.00
AX                  546,040,645.12          531,207,078.15                 0.00
A20C1                 5,005,555.56            5,005,555.56                 0.00
A20C2                 2,682,758.62            2,491,946.32                 0.00

A20C3                33,000,000.00           34,085,074.02                 0.00

<CAPTION>
                                                                                             CURRENT
                                                              REALIZED      DEFERRED         PRINCIPAL
CLASS             INTEREST               TOTAL                LOSES         INTEREST         BALANCE
<S>           <C>                  <C>                        <C>        <C>             <C>
M                90,124.07            103,496.18               0.00            0.00       16,008,684.80
B1               33,306.72             38,248.59               0.00            0.00        5,916,253.08
B2               13,714.53             15,749.42               0.00            0.00        2,436,104.20
B3               11,755.31             13,499.50               0.00            0.00        2,088,089.32
B4                7,836.88              8,999.67               0.00            0.00        1,392,059.54
B5                9,801.68             11,256.00               0.00            0.00        1,741,066.77
TOTALS        3,580,019.35          5,821,971.68               0.00      239,957.90      680,408,915.51

A15                   0.00            186,409.44               0.00            0.00       18,875,503.11
AX              135,265.18          1,647,888.35               0.00            0.00      529,694,454.98
A20C1            28,156.25             28,156.25               0.00            0.00        5,005,555.56
A20C2            15,055.51             49,695.22               0.00            0.00        2,457,306.61

A20C3                 0.00                  0.00               0.00      205,930.66       34,291,004.68

<CAPTION>

FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
                                          PRIOR
                                          PRINCIPAL
CLASS           CUSIP                     FACTOR                   PRINCIPAL
<S>             <C>                       <C>                        <C>
A1              16162TMF0                 1,000.00000000             .00000000
A2              16162TMG8                 1,000.00000000             .00000000
A3              16162TMH6                 1,000.00000000             .00000000
A4              16162TMJ2                   953.09562752            9.32047208
A5              16162TMK9                   953.09562801            9.32047194
A6              16162TML7                   953.09562675            9.32047184


<CAPTION>
                                                                                        PASS-THROUGH RATES
                                                         CURRENT                                   CURRENT
                                                         PRINCIPAL          CLASS                PASS THRU
CLASS           INTEREST                TOTAL            FACTOR                                       RATE
<S>            <C>                 <C>               <C>                     <C>              <C>
A1             5.62500007            5.62500007        1,000.00000000         A1                6.750000 %
A2             5.62500000            5.62500000        1,000.00000000         A2                6.750000 %
A3             5.62500000            5.62500000        1,000.00000000         A3                6.750000 %
A4             5.01467287           14.33514495          943.77515545         A4                6.313750 %
A5             6.38211716           15.70258911          943.77515606         A5                8.035438 %
A6             6.44890670           15.76937854          943.77515491         A6                8.119530 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 3
Chase Mortgage Finance Trust
Series 1999-S10

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                          PRIOR
                                          PRINCIPAL
CLASS           CUSIP                     FACTOR                    PRINCIPAL
<S>             <C>                       <C>                      <C>
A7              16162TMM5                   602.50566602             .00000000
A8              16162TMN3                 1,000.00000000             .00000000
A9              16162TMP8                 1,000.00000000             .00000000
A10             16162TMQ6                   958.19917578            4.73376725
A11             16162TMR4                 1,000.00000000             .00000000
A12             16162TMS2                 1,000.00000000             .00000000
A13             16162TMT0                 1,000.00000000             .00000000
A14             16162TMU7                   953.09562750            9.32047200
A16             16162TMW3                 1,000.00000000             .00000000
A17             16162TMX1                 1,000.00000000             .00000000
A18             16162TMY9                 1,000.00000000             .00000000
A19             16162TMZ6                   928.87459049           12.91197365
A20             16162TNA0                 1,032.88103091             .00000000
A21             16162TNB8                   332.80860781             .00000000
A22             16162TNC6                 1,000.00000000             .00000000
A23             16162TND4                   950.74364135            5.57807555
AP              16162TNE2                   987.82737407            1.87082731
AR              16162TNF9                      .00000000             .00000000
M               16162TNG7                   995.15881429             .83056584
B1              16162TNH5                   995.15881513             .83056639
B2              16162TNJ1                   995.15881224             .83056735
B3              16162TNK8                   995.15881429             .83056667
B4              16162TNL6                   995.15880714             .83056429
B5              16162TNM4                   995.15881229             .83056634

<CAPTION>
                                                                                        PASS-THROUGH RATES
                                                             CURRENT                               CURRENT
                                                             PRINCIPAL         CLASS             PASS THRU
CLASS             INTEREST                TOTAL              FACTOR                                   RATE
<S>             <C>                   <C>               <C>                    <C>      <C>
A7                .00000000             .00000000          605.89476044         A7              6.750000 %
A8               5.68958339            5.68958339        1,000.00000000         A8              6.827500 %
A9               5.43124983            5.43124983        1,000.00000000         A9              6.517500 %
A10              5.38987038           10.12363763          953.46540854         A10             6.750000 %
A11              5.62500000            5.62500000        1,000.00000000         A11             6.750000 %
A12              5.62500000            5.62500000        1,000.00000000         A12             6.750000 %
A13              5.62500000            5.62500000        1,000.00000000         A13             6.750000 %
A14              5.01467300           14.33514500          943.77515550         A14             6.313750 %
A16              5.41666667            5.41666667        1,000.00000000         A16             6.500000 %
A17              5.41666676            5.41666676        1,000.00000000         A17             6.500000 %
A18              5.41666648            5.41666648        1,000.00000000         A18             6.500000 %
A19              5.41843509           18.33040874          915.96261684         A19             7.000000 %
A20              1.30944727            1.30944727        1,039.12135394         A20             1.521314 %
A21               .00000000             .00000000          334.81932548         A21             7.250000 %
A22              6.04166654            6.04166654        1,000.00000000         A22             7.250000 %
A23               .00000000            5.57807555          945.16556580         A23              .000000 %
AP                .00000000            1.87082731          985.95654676         AP               .000000 %
AR                .00000000             .00000000             .00000000         AR              6.750000 %
M                5.59776832            6.42833416          994.32824845         M               6.750000 %
B1               5.59776807            6.42833445          994.32824874         B1              6.750000 %
B2               5.59776735            6.42833469          994.32824490         B2              6.750000 %
B3               5.59776667            6.42833333          994.32824762         B3              6.750000 %
B4               5.59777143            6.42833571          994.32824286         B4              6.750000 %
B5               5.59776767            6.42833401          994.32824595         B5              6.750000 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 4

Chase Mortgage Finance Trust
Series 1999-S10

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>

FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

                                        PRIOR
                                        PRINCIPAL
CLASS           CUSIP                   FACTOR                  PRINCIPAL
<S>             <C>                     <C>                     <C>
TOTALS                                      974.87187478            3.20278624

A15             16162TMV5                   953.09562750             .00000000
AX              N/A                         972.83431718             .00000000
A20C1                                     1,000.00000000             .00000000
A20C2                                       928.87459253             .00000000

A20C3                                     1,032.88103091             .00000000

<CAPTION>
                                                                                                    PASS-THROUGH RATES
                                                           CURRENT                                         CURRENT
                                                           PRINCIPAL                 CLASS               PASS THRU
CLASS           INTEREST                TOTAL              FACTOR                                             RATE
<S>            <C>                  <C>                <C>                          <C>                   <C>
TOTALS         5.11430888            8.31709512          972.01188524

A15             .00000000            9.32047200          943.77515550                 A15                   .000000 %
AX              .24771998            3.01788587          970.06415129                 AX                    .305564 %
A20C1          5.62500000            5.62500000        1,000.00000000                 A20C1                6.750000 %
A20C2          5.61195103           18.52392520          915.96261836                 A20C2                7.250000 %

A20C3           .00000000             .00000000        1,039.12135394                 A20C3                7.250000 %
</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 5


Chase Mortgage Finance Trust
Series 1999-S10


                                                                February 25 2000

<TABLE>
<S>                  <C>                                                                      <C>
Sec. 6.02(a)(iii)    Aggregate Amount of Principal Prepayments                                  1,432,222.49
                     Aggregate Amount of Repurchase Proceeds                                            0.00

Sec. 6.02(a)(iv)     Aggregate Servicer Advances                                                  224,139.57

Sec. 6.02(a)(v)      Number of Outstanding Mortgage Loans                                              2,009
                     Ending Principal Balance of Outstanding Mortgage Loans                   680,408,916.00

Sec. 6.02(a)(vi)     Aggregate Amount of Servicing Fees                                           174,754.06

Sec. 6.02(a)(vii)    Number and Aggregate Principal Amounts of Mortgage Loans
                     in Delinquency
</TABLE>

                             Group 1
                                                   Principal
                            Category     Number      Balance          Percentage
                            1 Month         3         1,178,777.92         .17 %
                            2 Months        2           326,582.46         .05 %
                            3+Months        0                  .00         .00 %
                             Total          5.00      1,505,360.38         .22 %

                     Number and Aggregate Principal Amounts of Mortgage Loans
                     in Foreclosure
                             Group 1
                                              Principal
                             Number           Balance                 Percentage
                               2.00           456,036.48                   .09 %

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   39,177.88

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 6

Chase Mortgage Finance Trust
Series 1999-S10

                                                                February 25 2000

Sec. 6.02(a)(x)       Class A Percentage                              95.66142 %
                      Class M Percentage                               2.34786 %
                      Class B Percentage                               1.99072 %
                      Class A Principal Balance                   652,803,942.06
                      Class M Principal Balance                    16,022,056.91
                      Class B Principal Balance                    13,584,910.97
                      NON-PO Class A Percentage                       95.64031 %
                      NON-PO Class A Prepayment Percentage           100.00000 %
                      M Credit Support                                    2.00 %
                      B1 Credit Support                                   1.13 %
                      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



                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 1

Chase Mortgage Finance Trust
Series 1999-S11

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>

   DISTRIBUTION IN DOLLARS
            ORIGINAL                 PRIOR
            FACE                     PRINCIPAL
CLASS       VALUE                    BALANCE                 PRINCIPAL
<S>         <C>                     <C>                      <C>
A1          95,706,000.00           93,914,946.42            457,814.18
A2          59,000,000.00           57,410,216.79            406,367.13
A3          25,951,000.00           25,951,000.00                  0.00
A4          65,000,000.00           63,260,035.99            444,755.10
A5          27,976,000.00           27,976,000.00                  0.00
A6           5,360,000.00            5,075,425.87             57,878.85
A7          18,840,000.00           18,840,000.00                  0.00
A8          10,005,000.00           10,289,574.13                  0.00
A9          11,440,000.00           11,126,527.59             63,756.41
A10         11,610,000.00           11,610,000.00                  0.00
A11         11,021,000.00           11,334,472.41                  0.00
A12         40,000,000.00           40,000,000.00                  0.00
AP           1,090,837.00            1,084,144.56              1,096.63
AR                 100.00                    0.00                  0.00
M            9,000,000.00            8,965,695.17              7,031.04
B1           3,400,000.00            3,387,040.40              2,656.17
B2           1,600,000.00            1,593,901.37              1,249.96
B3           1,200,000.00            1,195,426.01                937.47
B4             800,000.00              796,950.69                624.98
B5           1,000,409.87              996,596.66                781.55
TOTALS     400,000,346.87          394,807,954.06          1,444,949.470

AX         358,117,946.52          353,189,457.23                  0.00

<CAPTION>
                                                                                          CURRENT
                                                            REALIZED       DEFERRED       PRINCIPAL
CLASS           INTEREST               TOTAL                LOSES          INTEREST       BALANCE
<S>         <C>                   <C>                       <C>          <C>           <C>
A1             528,271.57            986,085.75               0.00            0.00       93,457,132.24
A2             322,932.47            729,299.60               0.00            0.00       57,003,849.66
A3             145,974.38            145,974.38               0.00            0.00       25,951,000.00
A4             355,837.70            800,592.80               0.00            0.00       62,815,280.89
A5             157,365.00            157,365.00               0.00            0.00       27,976,000.00
A6              28,549.27             86,428.12               0.00            0.00        5,017,547.02
A7             105,975.00            105,975.00               0.00            0.00       18,840,000.00
A8                   0.00                  0.00               0.00       57,878.85       10,347,452.98
A9              62,586.72            126,343.13               0.00            0.00       11,062,771.18
A10             65,306.25             65,306.25               0.00            0.00       11,610,000.00
A11                  0.00                  0.00               0.00       63,756.41       11,398,228.82
A12            225,000.00            225,000.00               0.00            0.00       40,000,000.00
AP                   0.00              1,096.63               0.00            0.00        1,083,047.93
AR                   0.00                  0.00               0.00            0.00                0.00
M               50,432.04             57,463.08               0.00            0.00        8,958,664.13
B1              19,052.10             21,708.27               0.00            0.00        3,384,384.23
B2               8,965.70             10,215.66               0.00            0.00        1,592,651.41
B3               6,724.27              7,661.74               0.00            0.00        1,194,488.54
B4               4,482.85              5,107.83               0.00            0.00          796,325.71
B5               5,605.86              6,387.41               0.00            0.00          995,815.11
TOTALS       2,093,061.18          3,538,010.65               0.00      121,635.26      393,484,639.85

AX             150,542.68          1,432,678.86                  0.00            0.00   351,907,321.05
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 2

Chase Mortgage Finance Trust
Series 1999-S11

                                                 Statement to Certificateholders
                                                                February 25 2000


    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

<TABLE>
<CAPTION>

                                           PRIOR
                                           PRINCIPAL
CLASS           CUSIP                      FACTOR                PRINCIPAL
<S>             <C>                       <C>                    <C>
A1              16162TNN2                   981.28587988            4.78354732
A2              16162TNP7                   973.05452186            6.88757847
A3              16162TNQ5                 1,000.00000000             .00000000
A4              16162TNR3                   973.23132292            6.84238615
A5              16162TNS1                 1,000.00000000             .00000000
A6              16162TNT9                   946.90781157           10.79829291
A7              16162TNU6                 1,000.00000000             .00000000
A8              16162TNV4                 1,028.44319140             .00000000
A9              16162TNW2                   972.59856556            5.57311276
A10             16162TNX0                 1,000.00000000             .00000000
A11             16162TNY8                 1,028.44319118             .00000000
A12             16162TNZ5                 1,000.00000000             .00000000
AP              16162TPA8                   993.86485790            1.00531060
AR              16162TPB6                      .00000000             .00000000
M               16162TPC4                   996.18835222             .78122667
B1              16162TPD2                   996.18835294             .78122647
B2              16162TPE0                   996.18835625             .78122500
B3              16162TPF7                   996.18834167             .78122500
B4              16162TPG5                   996.18836250             .78122500
B5              16162TPH3                   996.18835228             .78122980
TOTALS                                      987.01902923            3.61237054

AX              N/A                         986.23780423             .00000000

<CAPTION>
                                                                                                PASS-THROUGH RATES
                                                           CURRENT                                        CURRENT
                                                           PRINCIPAL               CLASS                PASS THRU
CLASS          INTEREST               TOTAL                FACTOR                                            RATE
<S>           <C>                  <C>               <C>                            <C>                <C>
A1            5.51973304           10.30328036          976.50233256                 A1                  6.750000 %
A2            5.47343169           12.36101017          966.16694339                 A2                  6.750000 %
A3            5.62500019            5.62500019        1,000.00000000                 A3                  6.750000 %
A4            5.47442615           12.31681231          966.38893677                 A4                  6.750000 %
A5            5.62500000            5.62500000        1,000.00000000                 A5                  6.750000 %
A6            5.32635634           16.12464925          936.10951866                 A6                  6.750000 %
A7            5.62500000            5.62500000        1,000.00000000                 A7                  6.750000 %
A8             .00000000             .00000000        1,034.22818391                 A8                  6.750000 %
A9            5.47086713           11.04397990          967.02545280                 A9                  6.750000 %
A10           5.62500000            5.62500000        1,000.00000000                 A10                 6.750000 %
A11            .00000000             .00000000        1,034.22818438                 A11                 6.750000 %
A12           5.62500000            5.62500000        1,000.00000000                 A12                 6.750000 %
AP             .00000000            1.00531060          992.85954730                 AP                   .000000 %
AR             .00000000             .00000000             .00000000                 AR                  6.750000 %
M             5.60356000            6.38478667          995.40712556                 M                   6.750000 %
B1            5.60355882            6.38478529          995.40712647                 B1                  6.750000 %
B2            5.60356250            6.38478750          995.40713125                 B2                  6.750000 %
B3            5.60355833            6.38478333          995.40711667                 B3                  6.750000 %
B4            5.60356250            6.38478750          995.40713750                 B4                  6.750000 %
B5            5.60356327            6.38479306          995.40712248                 B5                  6.750000 %
TOTALS        5.23264841            8.84501895          983.71074658

AX             .42037178            4.00057823          982.65759778                 AX                   .511486 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 3
Chase Mortgage Finance Trust
Series 1999-S11

                                                 Statement to Certificateholders
                                                                February 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 1999-S11
                                                                February 25 2000
<TABLE>
<S>                  <C>                                                                          <C>
Sec. 6.02(a)(iii)     Aggregate Amount of Principal Prepayments                                      1,013,575.06
                      Aggregate Amount of Repurchase Proceeds                                                0.00

Sec. 6.02(a)(iv)      Aggregate Servicer Advances                                                       86,248.94

Sec. 6.02(a)(v)       Number of Outstanding Mortgage Loans                                                  1,224
                      Ending Principal Balance of Outstanding Mortgage Loans                       393,484,640.05

Sec. 6.02(a)(vi)      Aggregate Amount of Servicing Fees                                               101,498.54

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

                              Group 1
                                                          Principal
                             Category    Number            Balance    Percentage
                             1 Month       6         2,038,703.38          .52 %
                             2 Months      0                  .00          .00 %
                             3+Months      0                  .00          .00 %
                              Total        6.00      2,038,703.38          .52 %

                      Number and Aggregate Principal Amounts of Mortgage Loans
                      in Foreclosure
                              Group 1
                                                  Principal
                              Number               Balance            Percentage
                                 .00                  .00                  .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                                   29,090.68
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 5
Chase Mortgage Finance Trust
Series 1999-S11
                                                                February 25 2000

Sec. 6.02(a)(x)       Class A Percentage                             95.71042 %
                      Class M Percentage                              2.27090 %
                      Class B Percentage                              2.01868 %
                      Class A Principal Balance                  377,872,343.76
                      Class M Principal Balance                    8,965,695.17
                      Class B Principal Balance                    7,969,915.13
                      NON-PO Class A Percentage                      95.69861 %
                      NON-PO Class A Prepayment Percentage          100.00000 %
                      M Credit Support                                   2.02 %
                      B1 Credit Support                                  1.16 %
                      B2 Credit Support                                  0.76 %
                      B3 Credit Support                                  0.46 %
                      B4 Credit Support                                  0.25 %

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

Sec. 6.02(a)(xiv)     Compensating Interest Shortfall                      0.00


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 1
Chase Morgage Finance Corporation
Series 1999-S12

                                                 Statement to Certificateholders
                                                                February 25 2000

        DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>

                   ORIGINAL                 PRIOR
                   FACE                     PRINCIPAL
CLASS              VALUE                    BALANCE                    PRINCIPAL
<S>                <C>                      <C>                       <C>
A1                   65,272,000.00           65,272,000.00                  0.00
A2                   36,036,000.00           36,036,000.00                  0.00
A3                   12,503,000.00           12,503,000.00                  0.00
A4                   10,000,000.00            9,637,352.35             76,721.10
A5                   68,000,000.00           64,971,892.13            640,621.15
A6                   15,500,000.00           15,500,000.00                  0.00
A7                   68,400,000.00           69,643,714.58                  0.00
A8                    3,840,000.00            3,933,644.40                  0.00
A9                    3,000,000.00            3,073,159.68                  0.00
A10                   1,476,000.00            1,511,994.57                  0.00
AP                    3,231,864.00            3,193,739.88              3,372.52
AR                          100.00                    0.00                  0.00
M                     6,600,000.00            6,580,791.52              4,906.69
B1                    2,700,000.00            2,692,141.99              2,007.28
B2                    1,200,000.00            1,196,507.55                892.13
B3                      900,000.00              897,380.66                669.09
B4                      600,000.00              598,253.78                446.06
B5                      751,414.98              749,228.08                558.63
TOTALS              300,010,378.98          297,990,801.17           730,194.650

AX                  210,442,300.73          208,967,227.33                  0.00
A7C2                  3,924,517.24            3,924,517.24                  0.00
A7C3                  3,224,137.93            3,107,215.33                  0.00

<CAPTION>
                                                                                                 CURRENT
                                                                   REALIZED       DEFERRED       PRINCIPAL
CLASS                 INTEREST               TOTAL                 LOSES          INTEREST       BALANCE
<S>                <C>                   <C>                       <C>        <C>             <C>
A1                   380,753.33            380,753.33               0.00            0.00       65,272,000.00
A2                   210,210.00            210,210.00               0.00            0.00       36,036,000.00
A3                    72,934.17             72,934.17               0.00            0.00       12,503,000.00
A4                    56,217.89            132,938.99               0.00            0.00        9,560,631.25
A5                   379,002.70          1,019,623.85               0.00            0.00       64,331,270.98
A6                    90,416.67             90,416.67               0.00            0.00       15,500,000.00
A7                   147,608.38            147,608.38               0.00      315,639.11       69,959,353.69
A8                         0.00                  0.00               0.00       23,765.77        3,957,410.17
A9                         0.00                  0.00               0.00       18,567.01        3,091,726.69
A10                        0.00                  0.00               0.00        9,134.97        1,521,129.54
AP                         0.00              3,372.52               0.00            0.00        3,190,367.36
AR                         0.00                  0.00               0.00            0.00                0.00
M                     39,758.95             44,665.64               0.00            0.00        6,575,884.83
B1                    16,265.02             18,272.30               0.00            0.00        2,690,134.71
B2                     7,228.90              8,121.03               0.00            0.00        1,195,615.42
B3                     5,421.67              6,090.76               0.00            0.00          896,711.57
B4                     3,614.45              4,060.51               0.00            0.00          597,807.72
B5                     4,526.59              5,085.22               0.00            0.00          748,669.45
TOTALS             1,413,958.72          2,144,153.37               0.00      367,106.86      297,627,713.38

AX                    70,082.12            351,790.07               0.00            0.00      208,685,519.38
A7C2                  23,710.62             23,710.62               0.00            0.00        3,924,517.24
A7C3                  18,772.76             43,508.70               0.00            0.00        3,082,479.39
</TABLE>


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 2
Chase Morgage Finance Corporation
Series 1999-S12
                                                 Statement to Certificateholders
                                                                February 25 2000
DISTRIBUTION IN DOLLARS
            ORIGINAL            PRIOR
            FACE                PRINCIPAL
CLASS       VALUE               BALANCE               PRINCIPAL
A7C1       17,400,000.00       17,400,000.00            105,125.00
A7C4       51,000,000.00       52,243,714.58                  0.00


                                                                    CURRENT
                                      REALIZED      DEFERRED        PRINCIPAL
CLASS     INTEREST        TOTAL       LOSES         INTEREST        BALANCE
A7C1       0.00        105,125.00      0.00            0.00       17,400,000.00
A7C4       0.00              0.00      0.00      315,639.11       52,559,353.69


    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
<TABLE>
<CAPTION>

                                           PRIOR
                                           PRINCIPAL
CLASS           CUSIP                      FACTOR                    PRINCIPAL
<S>             <C>                       <C>                       <C>
A1              16162TPJ9                 1,000.00000000             .00000000
A2              16162TPK6                 1,000.00000000             .00000000
A3              16162TPL4                 1,000.00000000             .00000000
A4              16162TPM2                   963.73523500            7.67211000
A5              16162TPN0                   955.46900191            9.42089926
A6              16162TPP5                 1,000.00000000             .00000000
A7              16162TPQ3                 1,018.18296170             .00000000
A8              16162TPR1                 1,024.38656250             .00000000
A9              16162TPS9                 1,024.38656000             .00000000
A10             16162TPT7                 1,024.38656504             .00000000
AP              16162TPU4                   988.20367441            1.04352163
AR              16162TPV2                      .00000000             .00000000
M               16162TPW0                   997.08962424             .74343788
B1              16162TPX8                   997.08962593             .74343704
B2              16162TPY6                   997.08962500             .74344167
B3              16162TPZ3                   997.08962222             .74343333
B4              16162TQA7                   997.08963333             .74343333
B5              16162TQB5                   997.08962416             .74343740

<CAPTION>
                                                                                  PASS-THROUGH RATES
                                                           CURRENT                           CURRENT
                                                           PRINCIPAL      CLASS            PASS THRU
CLASS           INTEREST                TOTAL              FACTOR                               RATE
<S>            <C>                   <C>               <C>                 <C>            <C>
A1             5.83333328            5.83333328        1,000.00000000       A1             7.000000 %
A2             5.83333333            5.83333333        1,000.00000000       A2             7.000000 %
A3             5.83333360            5.83333360        1,000.00000000       A3             7.000000 %
A4             5.62178900           13.29389900          956.06312500       A4             7.000000 %
A5             5.57356912           14.99446838          946.04810265       A5             7.000000 %
A6             5.83333355            5.83333355        1,000.00000000       A6             7.000000 %
A7             2.15801725            2.15801725        1,022.79756857       A7             2.543375 %
A8              .00000000             .00000000        1,030.57556510       A8             7.250000 %
A9              .00000000             .00000000        1,030.57556333       A9             7.250000 %
A10             .00000000             .00000000        1,030.57556911       A10            7.250000 %
AP              .00000000            1.04352163          987.16015278       AP              .000000 %
AR              .00000000             .00000000             .00000000       AR             7.250000 %
M              6.02408333            6.76752121          996.34618636       M              7.250000 %
B1             6.02408148            6.76751852          996.34618889       B1             7.250000 %
B2             6.02408333            6.76752500          996.34618333       B2             7.250000 %
B3             6.02407778            6.76751111          996.34618889       B3             7.250000 %
B4             6.02408333            6.76751667          996.34620000       B4             7.250000 %
B5             6.02408805            6.76752545          996.34618676       B5             7.250000 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>


                                                                          Page 3
Chase Morgage Finance Corporation
Series 1999-S12

                                                 Statement to Certificateholders
                                                                February 25 2000

FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
<TABLE>
<CAPTION>

                                PRIOR
                                PRINCIPAL
CLASS           CUSIP           FACTOR                   PRINCIPAL
<S>             <C>           <C>                       <C>
TOTALS                          993.26830686            2.43389796

AX              N/A             992.99060410             .00000000
A7C2                          1,000.00000000             .00000000
A7C3                            963.73523635             .00000000

A7C1                          1,000.00000000            6.04166667
A7C4                          1,024.38656039             .00000000

<CAPTION>
                                                                                  PASS-THROUGH RATES
                                                     CURRENT                                 CURRENT
                                                     PRINCIPAL           CLASS             PASS THRU
CLASS       INTEREST               TOTAL             FACTOR                                     RATE
<S>        <C>                  <C>               <C>                    <C>      <C>
TOTALS     4.71303268            7.14693064          992.05805610

AX          .33302297            1.67166995          991.65195712         AX                .402448 %
A7C2       6.04166539            6.04166539        1,000.00000000         A7C2             7.250000 %
A7C3       5.82256727           13.49467701          956.06312662         A7C3             7.250000 %

A7C1        .00000000            6.04166667        1,000.00000000         A7C1             7.250000 %
A7C4        .00000000             .00000000        1,030.57556255         A7C4             7.250000 %
</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 4

Chase Morgage Finance Corporation
Series 1999-S12

                                                                February 25 2000
<TABLE>
<S>               <C>                                                                   <C>
Sec. 6.02(a)(iii)  Aggregate Amount of Principal Prepayments                                  140,609.46
                   Aggregate Amount of Repurchase Proceeds                                          0.00

Sec. 6.02(a)(iv)   Aggregate Servicer Advances                                                 78,415.53

Sec. 6.02(a)(v)    Number of Outstanding Mortgage Loans                                              993
                   Ending Principal Balance of Outstanding Mortgage Loans                 297,627,714.06

Sec. 6.02(a)(vi)   Aggregate Amount of Servicing Fees                                          76,931.29

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

<CAPTION>

                           Group 1
                                                       Principal
                          Category     Number           Balance       Percentage

<S>                                      <C>        <C>               <C>
                          1 Month        2          304,314.48             .10 %
                          2 Months       0                 .00             .00 %
                          3+Months       0                 .00             .00 %
                           Total         2.00       304,314.48             .10 %

                   Number and Aggregate Principal Amounts of Mortgage Loans
                   in Foreclosure
                           Group 1
                                                Principal
                            Number              Balance               Percentage
                               1.00             498,613.76                 .24 %

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     35,690.04
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 5
Chase Morgage Finance Corporation
Series 1999-S12

                                                              February 25 2000

Sec. 6.02(a)(x)    Class A Percentage                              95.73332 %
                   Class M Percentage                               2.20839 %
                   Class B Percentage                               2.05829 %
                   Class A Principal Balance                   285,276,497.59
                   Class M Principal Balance                     6,580,791.52
                   Class B Principal Balance                     6,133,512.06
                   NON-PO Class A Percentage                       95.68710 %
                   NON-PO Class A Prepayment Percentage           100.00000 %
                   M Credit Support                                    2.08 %
                   B1 Credit Support                                   1.17 %
                   B2 Credit Support                                   0.76 %
                   B3 Credit Support                                   0.46 %
                   B4 Credit Support                                   0.25 %

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

Sec. 6.02(a)(xiv)  Compensating Interest Shortfall                       0.00



                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 1

Chase Mortgage Finance Trust Series 1999-S13

                                                 Statement to Certificateholders
                                                                February 25 2000

  DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>

                      ORIGINAL                 PRIOR
                      FACE                     PRINCIPAL
CLASS                 VALUE                    BALANCE                PRINCIPAL
<S>                 <C>                     <C>                      <C>
A1                  145,497,000.00          142,763,514.26           816,211.91
AP                      381,686.00              375,984.91             1,444.12
AR                          100.00                    0.00                 0.00
M                     1,950,000.00            1,924,752.36             6,485.70
B1                      600,000.00              592,231.49             1,995.60
B2                      600,000.00              592,231.49             1,995.60
B3                      525,000.00              518,202.56             1,746.15
B4                      225,000.00              222,086.82               748.35
B5                      225,704.70              222,782.38               750.69
TOTALS              150,004,490.70          147,211,786.27           831,378.120

AX                  131,857,163.93          129,324,576.09                 0.00

<CAPTION>
                                                                                    CURRENT
                                                     REALIZED       DEFERRED        PRINCIPAL
CLASS         INTEREST               TOTAL           LOSES          INTEREST        BALANCE
<S>          <C>                 <C>                  <C>             <C>       <C>
A1           773,302.37          1,589,514.28         0.00            0.00      141,947,302.35
AP                 0.00              1,444.12         0.00            0.00          374,540.79
AR                 0.00                  0.00         0.00            0.00                0.00
M             10,425.74             16,911.44         0.00            0.00        1,918,266.66
B1             3,207.92              5,203.52         0.00            0.00          590,235.89
B2             3,207.92              5,203.52         0.00            0.00          590,235.89
B3             2,806.93              4,553.08         0.00            0.00          516,456.41
B4             1,202.97              1,951.32         0.00            0.00          221,338.47
B5             1,206.74              1,957.43         0.00            0.00          222,031.69
TOTALS       795,360.59          1,626,738.71         0.00            0.00      146,380,408.15

AX            54,321.03            819,909.93            0.00            0.00   128,558,987.19
</TABLE>


FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
<TABLE>
<CAPTION>

                                              PRIOR
                                              PRINCIPAL
CLASS             CUSIP                       FACTOR                 PRINCIPAL
<S>             <C>                         <C>                     <C>
A1              16162TQC3                   981.21276906            5.60981952
AP              16162TQD1                   985.06340290            3.78352887
AR              16162TQE9                      .00000000             .00000000
M               16162TQF6                   987.05249231            3.32600000
B1              16162TQG4                   987.05248333            3.32600000
B2              16162TQH2                   987.05248333            3.32600000
B3              16162TQK5                   987.05249524            3.32600000
B4              16162TQL3                   987.05253333            3.32600000

<CAPTION>
                                                                                   PASS-THROUGH RATES
                                                        CURRENT                               CURRENT
                                                        PRINCIPAL     CLASS                 PASS THRU
CLASS        INTEREST               TOTAL               FACTOR                                   RATE
<S>         <C>                  <C>                  <C>              <C>              <C>
A1          5.31490251           10.92472202          975.60294955      A1                6.500000 %
AP           .00000000            3.78352887          981.27987403      AP                 .000000 %
AR           .00000000             .00000000             .00000000      AR                6.500000 %
M           5.34653333            8.67253333          983.72649231      M                 6.500000 %
B1          5.34653333            8.67253333          983.72648333      B1                6.500000 %
B2          5.34653333            8.67253333          983.72648333      B2                6.500000 %
B3          5.34653333            8.67253333          983.72649524      B3                6.500000 %
B4          5.34653333            8.67253333          983.72653333      B4                6.500000 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>


                                                                          Page 2
Chase Mortgage Finance Trust Series 1999-S13

                                                 Statement to Certificateholders
                                                                February 25 2000

  FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
<TABLE>
<CAPTION>

                                             PRIOR
                                             PRINCIPAL
CLASS           CUSIP                        FACTOR                  PRINCIPAL
<S>             <C>                         <C>                     <C>
B5              16162TQM1                   987.05246280            3.32598302
TOTALS                                      981.38252784            5.54235487

AX              16162TQJ8                   980.79294469             .00000000

<CAPTION>
                                                                                     PASS-THROUGH RATES
                                                          CURRENT                               CURRENT
                                                          PRINCIPAL       CLASS               PASS THRU
CLASS          INTEREST               TOTAL               FACTOR                                   RATE
<S>           <C>                 <C>                  <C>                 <C>       <C>
B5            5.34654351            8.67252654          983.72647978        B5             6.500000 %
TOTALS        5.30224519           10.84460007          975.84017296

AX             .41196874            6.21816749          974.98674595        AX              .504045 %

</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 1999-S13

                                                                February 25 2000
<TABLE>
<S>                <C>                                                      <C>
Sec. 6.02(a)(iii)   Aggregate Amount of Principal Prepayments                   335,269.73
                    Aggregate Amount of Repurchase Proceeds                           0.00

Sec. 6.02(a)(iv)    Aggregate Servicer Advances                                  20,341.25

Sec. 6.02(a)(v)     Number of Outstanding Mortgage Loans                               500
                    Ending Principal Balance of Outstanding Mortgage Loans  146,380,408.50

Sec. 6.02(a)(vi)    Aggregate Amount of Servicing Fees                           38,508.15

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

                             Group Totals
                                                           Principal
                            Category      Number            Balance   Percentage
                            1 Month          0                  .00        .00 %
                            2 Months         1           198,812.45        .14 %
                            3+Months         0                  .00        .00 %
                             Total           1.00        198,812.45        .14 %

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

Sec. 6.02(a)(viii)  Number and Aggregate Principal Amounts of REO Loans
                             Group Totals
                                                 Principal
                              Number             Balance              Percentage
                                          .00        .00                   .00 %
</TABLE>


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 4

Chase Mortgage Finance Trust Series 1999-S13

                                                                February 25 2000
<TABLE>
<S>                 <C>                                                    <C>
Sec. 6.02(a)(ix)     Aggregate Recovered Advances for Current Period              6,561.68

Sec. 6.02(a)(x)      Class A Percentage                                            97.23 %
                     Class M Percentage                                             1.31 %
                     Class B Percentage                                             1.46 %
                     Class A Principal Balance                              143,139,499.17
                     Class M Principal Balance                                1,924,752.36
                     Class B Principal Balance                                2,147,534.74
                     NON-PO Class A Percentage                                   97.2266 %
                     NON-PO Class A Prepayment Percentage                       100.0000 %
                     M Credit Support                                               1.46 %
                     B1 Credit Support                                              1.06 %
                     B2 Credit Support                                              0.66 %
                     B3 Credit Support                                              0.30 %
                     B4 Credit Support                                              0.15 %

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

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

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 1

Chase Mortgage Finance Trust Series 1999-S14

                                                 Statement to Certificateholders
                                                                February 25 2000

        DISTRIBUTION IN DOLLARS
<TABLE>
<CAPTION>

                   ORIGINAL                   PRIOR
                   FACE                       PRINCIPAL
CLASS              VALUE                      BALANCE                  PRINCIPAL

<S>                <C>                      <C>                       <C>
A1                   50,900,000.00           49,903,323.50             50,383.25
A2                   31,364,000.00           30,262,635.98             55,675.34
A3                   37,653,000.00           36,758,563.38             45,214.90
A4                   15,000,000.00           15,000,000.00                  0.00
A5                   17,908,000.00           17,908,000.00                  0.00
A6                   18,194,000.00           18,194,000.00                  0.00
A7                   19,850,000.00           19,850,000.00                  0.00
AP                      633,689.00              632,487.24                567.14
AR                          100.00                    0.00                  0.00
M                     4,400,000.00            4,394,121.78              2,994.02
B1                    1,800,000.00            1,797,595.27              1,224.83
B2                      800,000.00              798,931.23                544.37
B3                      600,000.00              599,198.42                408.28
B4                      400,000.00              399,465.62                272.18
B5                      501,011.81              500,342.48                340.92
TOTALS              200,003,800.81          196,998,664.90            157,625.230

AX                  182,960,126.59          179,988,784.76                  0.00

<CAPTION>
                                                                                         CURRENT
                                                          REALIZED        DEFERRED       PRINCIPAL
CLASS         INTEREST               TOTAL                LOSES           INTEREST       BALANCE
<S>       <C>                   <C>                       <C>             <C>        <C>
A1           301,499.25            351,882.50               0.00            0.00       49,852,940.25
A2           182,836.76            238,512.10               0.00            0.00       30,206,960.64
A3           222,082.99            267,297.89               0.00            0.00       36,713,348.48
A4            90,625.00             90,625.00               0.00            0.00       15,000,000.00
A5           108,194.17            108,194.17               0.00            0.00       17,908,000.00
A6           109,922.08            109,922.08               0.00            0.00       18,194,000.00
A7           119,927.08            119,927.08               0.00            0.00       19,850,000.00
AP                 0.00                567.14               0.00            0.00          631,920.10
AR                 0.00                  0.00               0.00            0.00                0.00
M             26,547.82             29,541.84               0.00            0.00        4,391,127.76
B1            10,860.47             12,085.30               0.00            0.00        1,796,370.44
B2             4,826.88              5,371.25               0.00            0.00          798,386.86
B3             3,620.16              4,028.44               0.00            0.00          598,790.14
B4             2,413.44              2,685.62               0.00            0.00          399,193.44
B5             3,022.90              3,363.82               0.00            0.00          500,001.56
TOTALS     1,186,379.00          1,344,004.23               0.00            0.00      196,841,039.67

AX            94,050.42            236,722.39               0.00            0.00      179,846,112.79
</TABLE>

    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
<TABLE>
<CAPTION>

                                   PRIOR
                                   PRINCIPAL
CLASS      CUSIP                   FACTOR                  PRINCIPAL
<S>        <C>                    <C>                      <C>
A1         16162TQN9              980.41892927             .98984774
A2         16162TQP4              964.88445288            1.77513519

<CAPTION>
                                                                                   PASS-THROUGH RATES
                                                       CURRENT                                CURRENT
CLASS                                                  PRINCIPAL       CLASS                PASS THRU
A1         INTEREST                TOTAL               FACTOR                                    RATE
<S>        <C>                   <C>                 <C>                <C>               <C>
A2         5.92336444            6.91321218          979.42908153        A1                7.250000 %
           5.82951027            7.60464545          963.10931769        A2                7.250000 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 2

Chase Mortgage Finance Trust Series 1999-S14

                                                 Statement to Certificateholders
                                                                February 25 2000

FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
<TABLE>
<CAPTION>

                                            PRIOR
                                            PRINCIPAL
CLASS             CUSIP                     FACTOR                   PRINCIPAL
<S>             <C>                       <C>                       <C>
A3              16162TQQ2                   976.24527607            1.20083128
A4              16162TQR0                 1,000.00000000             .00000000
A5              16162TQS8                 1,000.00000000             .00000000
A6              16162TQT6                 1,000.00000000             .00000000
A7              16162TQU3                 1,000.00000000             .00000000
AP              16162TQV1                   998.10354922             .89498161
AR              16162TQW9                      .00000000             .00000000
M               16162TQX7                   998.66404091             .68045909
B1              16162TQY5                   998.66403889             .68046111
B2              16162TQZ2                   998.66403750             .68046250
B3              16162TRA6                   998.66403333             .68046667
B4              16162TRB4                   998.66405000             .68045000
B5              16162TRC2                   998.66404347             .68046300
TOTALS                                      984.97460599             .78811117

AX                                          983.75962082             .00000000

<CAPTION>
                                                                                              PASS-THROUGH RATES
                                                          CURRENT                                        CURRENT
                                                          PRINCIPAL                CLASS               PASS THRU
CLASS          INTEREST                TOTAL              FACTOR                                            RATE
<S>           <C>                   <C>              <C>                            <C>       <C>
A3            5.89814862            7.09897990          975.04444480                 A3                   7.250000 %
A4            6.04166667            6.04166667        1,000.00000000                 A4                   7.250000 %
A5            6.04166685            6.04166685        1,000.00000000                 A5                   7.250000 %
A6            6.04166648            6.04166648        1,000.00000000                 A6                   7.250000 %
A7            6.04166650            6.04166650        1,000.00000000                 A7                   7.250000 %
AP             .00000000             .89498161          997.20856761                 AP                    .000000 %
AR             .00000000             .00000000             .00000000                 AR                   7.250000 %
M             6.03359545            6.71405455          997.98358182                 M                    7.250000 %
B1            6.03359444            6.71405556          997.98357778                 B1                   7.250000 %
B2            6.03360000            6.71406250          997.98357500                 B2                   7.250000 %
B3            6.03360000            6.71406667          997.98356667                 B3                   7.250000 %
B4            6.03360000            6.71405000          997.98360000                 B4                   7.250000 %
B5            6.03359031            6.71405331          997.98358047                 B5                   7.250000 %
TOTALS        5.93178227            6.71989344          984.18649482

AX             .51404873            1.29384689          982.97982266                 AX                    .627042 %
</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 1999-S14

                                                                February 25 2000
<TABLE>
<S>                  <C>                                                             <C>
Sec. 6.02(a)(iii)     Aggregate Amount of Principal Prepayments                             23,297.48
                      Aggregate Amount of Repurchase Proceeds                                    0.00

Sec. 6.02(a)(iv)      Aggregate Servicer Advances                                           42,006.11

Sec. 6.02(a)(v)       Number of Outstanding Mortgage Loans                                        728
                      Ending Principal Balance of Outstanding Mortgage Loans           196,841,039.68

Sec. 6.02(a)(vi)      Aggregate Amount of Servicing Fees                                    51,531.57

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               .00            .00 %
                             2 Months       0               .00            .00 %
                             3+Months       0               .00            .00 %
                              Total          .00            .00            .00 %

                      Number and Aggregate Principal Amounts of Mortgage Loans
                      in Foreclosure
                              Group 1
                                                 Principal
                              Number             Balance              Percentage
                                 .00                 .00                   .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 1999-S14

                                                                February 25 2000

Sec. 6.02(a)(x)       Class A Percentage                              95.69050 %
                      Class M Percentage                               2.23053 %
                      Class B Percentage                               2.07896 %
                      Class A Principal Balance                   188,509,010.10
                      Class M Principal Balance                     4,394,121.78
                      Class B Principal Balance                     4,095,533.02
                      NON-PO Class A Percentage                       95.67662 %
                      NON-PO Class A Prepayment Percentage           100.00000 %
                      M Credit Support                                    2.09 %
                      B1 Credit Support                                   1.17 %
                      B2 Credit Support                                   0.76 %
                      B3 Credit Support                                   0.46 %
                      B4 Credit Support                                   0.25 %

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

Sec. 6.02(a)(xiv)     Compensating Interest Shortfall                       0.00



                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 1

Chase Mortgage Finance Trust Series 1999-S15

                                                 Statement to Certificateholders
                                                                February 25 2000

<TABLE>
<CAPTION>
        DISTRIBUTION IN DOLLARS
                     ORIGINAL                  PRIOR
                     FACE                      PRINCIPAL
CLASS                VALUE                     BALANCE                 PRINCIPAL
<S>                  <C>                     <C>                      <C>
A1                   79,945,000.00           79,802,462.58            95,326.77
A2                   12,501,000.00           12,501,000.00                 0.00
A3                    4,100,000.00            4,100,000.00                 0.00
A4                      200,000.00              200,000.00                 0.00
A5                    5,333,000.00            5,333,000.00                 0.00
A6                    5,329,000.00            5,329,000.00                 0.00
A7                    1,638,000.00            1,638,000.00                 0.00
A8                   10,539,000.00           10,539,000.00                 0.00
AP                      116,235.00              116,140.33               100.51
AR                          100.00                    0.00                 0.00
M                     2,563,000.00            2,561,337.69             1,683.77
B1                    1,188,000.00            1,187,229.49               780.46
B2                      562,000.00              561,635.50               369.21
B3                      438,000.00              437,715.92               287.74
B4                      250,000.00              249,837.86               164.24
B5                      313,101.74              312,898.67               205.69
TOTALS              125,015,436.74          124,869,258.04            98,918.390

AX                  121,769,214.27          121,625,575.07                 0.00

<CAPTION>
                                                                                          CURRENT
                                                         REALIZED         DEFERRED        PRINCIPAL
CLASS         INTEREST               TOTAL               LOSSES           INTEREST        BALANCE
<S>          <C>                   <C>                   <C>              <C>         <C>
A1           482,139.88            577,466.65               0.00            0.00       79,707,135.81
A2            75,526.87             75,526.87               0.00            0.00       12,501,000.00
A3            22,208.33             22,208.33               0.00            0.00        4,100,000.00
A4             1,208.33              1,208.33               0.00            0.00          200,000.00
A5            33,331.25             33,331.25               0.00            0.00        5,333,000.00
A6            33,306.25             33,306.25               0.00            0.00        5,329,000.00
A7            10,237.50             10,237.50               0.00            0.00        1,638,000.00
A8            63,673.13             63,673.13               0.00            0.00       10,539,000.00
AP                 0.00                100.51               0.00            0.00          116,039.82
AR                 0.00                  0.00               0.00            0.00                0.00
M             15,474.75             17,158.52               0.00            0.00        2,559,653.92
B1             7,172.84              7,953.30               0.00            0.00        1,186,449.03
B2             3,393.21              3,762.42               0.00            0.00          561,266.29
B3             2,644.53              2,932.27               0.00            0.00          437,428.18
B4             1,509.44              1,673.68               0.00            0.00          249,673.62
B5             1,890.43              2,096.12               0.00            0.00          312,692.98
TOTALS       753,716.74            852,635.13               0.00            0.00      124,770,339.65

AX            65,208.76            161,370.42               0.00            0.00      121,529,413.41
</TABLE>


    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

<TABLE>
<CAPTION>

                                      PRIOR
                                      PRINCIPAL
CLASS            CUSIP                FACTOR                PRINCIPAL
<S>             <C>                 <C>                     <C>
A1              16162TRD0           998.21705648            1.19240440

<CAPTION>

                                                                                           PASS-THROUGH RATES
                                                       CURRENT                                     CURRENT
                                                       PRINCIPAL                CLASS            PASS THRU
CLASS       INTEREST              TOTAL                FACTOR                                         RATE
<S>        <C>                   <C>                 <C>                           <C>            <C>
A1         6.03089474            7.22329914          997.02465207                 A1              7.250000 %
</TABLE>


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 2
Chase Mortgage Finance Trust Series 1999-S15

                                                 Statement to Certificateholders
                                                                February 25 2000


FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
<TABLE>
<CAPTION>

                                              PRIOR
                                             PRINCIPAL
CLASS             CUSIP                       FACTOR                  PRINCIPAL
<S>             <C>                       <C>                        <C>
A2              16162TRE8                 1,000.00000000             .00000000
A3              16162TRF5                 1,000.00000000             .00000000
A4              16162TRG3                 1,000.00000000             .00000000
A5              16162TRH1                 1,000.00000000             .00000000
A6              16162TRJ7                 1,000.00000000             .00000000
A7              16162TRK4                 1,000.00000000             .00000000
A8              16162TRL2                 1,000.00000000             .00000000
AP              16162TRM0                   999.18552932             .86471373
AR              16162TRN8                      .00000000             .00000000
M               16162TRP3                   999.35142021             .65695279
B1              16162TRQ1                   999.35142256             .65695286
B2              16162TRR9                   999.35142349             .65695730
B3              16162TRS7                   999.35141553             .65694064
B4              16162TRT5                   999.35144000             .65696000
B5              16162TRU2                   999.35142488             .65694301
TOTALS                                      998.83071480             .79124941

AX                                          998.82039807             .00000000

<CAPTION>
                                                                                    PASS-THROUGH RATES
                                                           CURRENT                           CURRENT
                                                           PRINCIPAL      CLASS            PASS THRU
CLASS           INTEREST                TOTAL              FACTOR                               RATE
<S>            <C>                   <C>               <C>                 <C>            <C>
A2             6.04166627            6.04166627        1,000.00000000       A2              7.250000 %
A3             5.41666585            5.41666585        1,000.00000000       A3              6.500000 %
A4             6.04165000            6.04165000        1,000.00000000       A4              7.250000 %
A5             6.25000000            6.25000000        1,000.00000000       A5              7.500000 %
A6             6.25000000            6.25000000        1,000.00000000       A6              7.500000 %
A7             6.25000000            6.25000000        1,000.00000000       A7              7.500000 %
A8             6.04166714            6.04166714        1,000.00000000       A8              7.250000 %
AP              .00000000             .86471373          998.32081559       AP               .000000 %
AR              .00000000             .00000000             .00000000       AR              7.250000 %
M              6.03774873            6.69470152          998.69446742       M               7.250000 %
B1             6.03774411            6.69469697          998.69446970       B1              7.250000 %
B2             6.03774021            6.69469751          998.69446619       B2              7.250000 %
B3             6.03773973            6.69468037          998.69447489       B3              7.250000 %
B4             6.03776000            6.69472000          998.69448000       B4              7.250000 %
B5             6.03774990            6.69469291          998.69448186       B5              7.250000 %
TOTALS         6.02898938            6.82023878          998.03946539

AX              .53551105            1.32521525          998.03069387       AX               .643373 %
</TABLE>



                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 3
Chase Mortgage Finance Trust Series 1999-S15

                                                                February 25 2000
<TABLE>
<S>                   <C>                                                                          <C>
Sec. 6.02(a)(iii)     Aggregate Amount of Principal Prepayments                                           16,813.16
                      Aggregate Amount of Repurchase Proceeds                                                  0.00

Sec. 6.02(a)(iv)      Aggregate Servicer Advances                                                         34,370.47

Sec. 6.02(a)(v)       Number of Outstanding Mortgage Loans                                                      424
                      Ending Principal Balance of Outstanding Mortgage Loans                         124,770,340.49

Sec. 6.02(a)(vi)      Aggregate Amount of Servicing Fees                                                  32,767.78

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             .00               .00 %
                             2 Months      0             .00               .00 %
                             3+Months      0             .00               .00 %
                              Total         .00          .00               .00 %

                      Number and Aggregate Principal Amounts of Mortgage Loans
                      in Foreclosure
                              Group 1
                                                 Principal
                              Number             Balance              Percentage
                                 .00                .00                    .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                                     30,609.59
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 4
Chase Mortgage Finance Trust Series 1999-S15

                                                                February 25 2000
<TABLE>
<S>                   <C>                                                                         <C>
Sec. 6.02(a)(x)       Credit Support Information Based Upon Beginning Balances
                      Class A Percentage                                                                95.74703 %
                      Class M Percentage                                                                 2.05122 %
                      Class B Percentage                                                                 2.20176 %
                      Class A Principal Balance                                                     119,558,602.91
                      Class M Principal Balance                                                       2,561,337.69
                      Class B Principal Balance                                                       2,749,317.44
                      NON-PO Class A Percentage                                                         95.74307 %
                      NON-PO Class A Prepayment Percentage                                             100.00000 %
                      M Credit Support                                                                      2.20 %
                      B1 Credit Support                                                                     1.25 %
                      B2 Credit Support                                                                     0.80 %
                      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 1999-S15

                                                                February 25 2000
<TABLE>
<S>                   <C>                                                                         <C>
Sec. 6.02(a)(x)       Credit Support Information Based Upon Ending Balances
                      Class A Percentage                                                                95.74645 %
                      Class M Percentage                                                                 2.05149 %
                      Class B Percentage                                                                 2.20205 %
                      Class A Principal Balance                                                     119,463,175.64
                      Class M Principal Balance                                                       2,559,653.92
                      Class B Principal Balance                                                       2,747,510.10
                      NON-PO Class A Percentage                                                         95.74249 %
                      NON-PO Class A Prepayment Percentage                                             100.00000 %
                      M Credit Support                                                                      2.20 %
                      B1 Credit Support                                                                     1.25 %
                      B2 Credit Support                                                                     0.80 %
                      B3 Credit Support                                                                     0.45 %
                      B4 Credit Support                                                                     0.25 %

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

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

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 1

Chase Mortgage Finance Corporation, Series 1999-AS1

                                                 Statement to Certificateholders
                                                 February 25 2000

<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
                        ORIGINAL               PRIOR
                          FACE               PRINCIPAL
   CLASS                 VALUE                BALANCE         PRINCIPAL       INTEREST         TOTAL

<S>                 <C>                   <C>                <C>              <C>          <C>
IA1                  14,654,703.00         13,207,218.60      237,191.80       71,539.10      308,730.90
IIA1                 30,250,000.00         23,186,500.33       25,289.94      125,593.54      150,883.48
IIA2                  3,087,859.00          3,087,859.00            0.00       16,725.90       16,725.90
IIA3                  1,000,000.00            788,123.77          758.60        4,269.00        5,027.60
IIIA1                95,342,532.00         86,198,805.77      638,592.45      466,910.20    1,105,502.65
AP                       25,169.00             24,336.74           71.77            0.00           71.77
AR                          100.00                  0.00            0.00            0.00            0.00
M                     4,786,000.00          4,726,576.17        5,296.31       25,602.29       30,898.60
B1                    2,316,000.00          2,287,244.13        2,562.95       12,389.24       14,952.19
B2                    1,235,000.00          1,219,666.02        1,366.68        6,606.52        7,973.20
B3                      618,000.00            610,326.81          683.90        3,305.94        3,989.84
B4                      386,000.00            381,207.35          427.16        2,064.87        2,492.03
B5                      694,784.72            686,158.15          768.87        3,716.69        4,485.56
TOTALS              154,396,147.72        136,404,022.84      913,010.430     738,723.29    1,651,733.72

AX                  152,908,229.99        134,956,432.92            0.00       97,478.09    1,007,014.59

<CAPTION>
                                              CURRENT
                   REALIZED    DEFERRED      PRINCIPAL
   CLASS             LOSES     INTEREST       BALANCE

<S>                <C>        <C>        <C>
IA1                  0.00       0.00       12,970,026.80
IIA1                 0.00       0.00       23,161,210.39
IIA2                 0.00       0.00        3,087,859.00
IIA3                 0.00       0.00          787,365.17
IIIA1                0.00       0.00       85,560,213.32
AP                   0.00       0.00           24,264.97
AR                   0.00       0.00                0.00
M                    0.00       0.00        4,721,279.86
B1                   0.00       0.00        2,284,681.18
B2                   0.00       0.00        1,218,299.34
B3                   0.00       0.00          609,642.91
B4                   0.00       0.00          380,780.19
B5                   0.00       0.00          685,389.28
TOTALS               0.00       0.00      135,491,012.41

AX                   0.00       0.00      134,046,896.42
</TABLE>

<TABLE>
<CAPTION>
   FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
                                 PRIOR
                                PRINCIPAL
 CLASS        CUSIP              FACTOR          PRINCIPAL       INTEREST        TOTAL
<S>          <C>            <C>                <C>              <C>            <C>
IA1          16162TER3        901.22731249     16.18537066      4.88164789     21.06701855
IIA1         16162TES1        766.49587868       .83603107      4.15185256      4.98788364
IIA2         16162TET9      1,000.00000000       .00000000      5.41666572      5.41666572
IIA3         16162TEU6        788.12377000       .75860000      4.26900000      5.02760000

<CAPTION>
                                        PASS-THROUGH RATES
                 CURRENT                           CURRENT
                PRINCIPAL      CLASS             PASS THRU
 CLASS            FACTOR                              RATE
<S>          <C>               <C>      <C>
IA1            885.04194183     IA1             6.500000 %
IIA1           765.65984760     IIA1            6.500000 %
IIA2         1,000.00000000     IIA2            6.500000 %
IIA3           787.36517000     IIA3            6.500000 %
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
                                                                          Page 2

Chase Mortgage Finance Corporation, Series 1999-AS1

                                                 Statement to Certificateholders
                                                 February 25 2000

<TABLE>
<CAPTION>
    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
                               PRIOR
                               PRINCIPAL
 CLASS           CUSIP         FACTOR            PRINCIPAL       INTEREST          TOTAL
<S>             <C>            <C>               <C>             <C>            <C>
IIIA1           16162TEV4      904.09604152      6.69787593      4.89718691     11.59506284
AP              16162TEW2      966.93313203      2.85152370       .00000000      2.85152370
AR              16162TEX0         .00000000       .00000000       .00000000       .00000000
M               16162TEY8      987.58382156      1.10662557      5.34941287      6.45603845
B1              16162TEZ5      987.58382124      1.10662781      5.34941278      6.45604059
B2              16162TFA9      987.58382186      1.10662348      5.34940891      6.45603239
B3              16162TFB7      987.58383495      1.10663430      5.34941748      6.45605178
B4              16162TFC5      987.58380829      1.10663212      5.34940415      6.45603627
B5              16162TFD3      987.58382309      1.10663055      5.34941241      6.45604296
TOTALS                         883.46778630      5.91342753      4.78459664     10.69802417

AX                             882.59757456       .00000000       .63749407      6.58574486

<CAPTION>
                                         PASS-THROUGH RATES
                CURRENT                             CURRENT
                PRINCIPAL         CLASS           PASS THRU
 CLASS          FACTOR                                 RATE
<S>             <C>               <C>    <C>
IIIA1           897.39816560      IIIA1          6.500000 %
AP              964.08160833      AP              .000000 %
AR                 .00000000      AR             6.500000 %
M               986.47719599      M              6.500000 %
B1              986.47719344      B1             6.500000 %
B2              986.47719838      B2             6.500000 %
B3              986.47720065      B3             6.500000 %
B4              986.47717617      B4             6.500000 %
B5              986.47719253      B5             6.500000 %
TOTALS          877.55435878

AX              876.64932377      AX             .866751 %
</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 Corporation, Series 1999-AS1
<TABLE>
<CAPTION>
                                                                                   February 25 2000
<S>                                     <C>                                                                        <C>
Sec. 6.02(a)(iii)                       Aggregate Amount of Principal Prepayments                                      760,120.31
                                        Aggregate Amount of Repurchase Proceeds                                              0.00

                                        Group 1 Amount of Principal Prepayments                                        190,045.72
                                        Group 1 Amount of Repurchase Proceeds                                                0.00

                                        Group 2 Amount of Principal Prepayments                                          3,761.81
                                        Group 2 Amount of Repurchase Proceeds                                                0.00

                                        Group 3 Amount of Principal Prepayments                                        566,312.78
                                        Group 3 Amount of Repurchase Proceeds                                                0.00

Sec. 6.02(a)(iv)                        Aggregate Servicer Advances                                                     60,824.22
                                        Group 1 Servicer Advances                                                        1,384.80
                                        Group 2 Servicer Advances                                                       23,582.77
                                        Group 3 Servicer Advances                                                       35,856.65

Sec. 6.02(a)(v)                         Number of Outstanding Mortgage Loans                                                1,137
                                        Ending Principal Balance of Outstanding Mortgage Loans                     135,491,012.65

                                        Group 1 Outstanding Mortgage Loans                                                    158
                                        Ending Principal Balance of Group 1 Mortgage Loans                          13,962,361.13

                                        Group 2 Outstanding Mortgage Loans                                                     85
                                        Ending Principal Balance of Group 2 Mortgage Loans                          29,408,279.99

                                        Group 3 Outstanding Mortgage Loans                                                    894
                                        Ending Principal Balance of Group 3 Mortgage Loans                          92,120,371.53

Sec. 6.02(a)(vi)                        Aggregate Amount of Servicing Fees                                              35,681.02
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 4
Chase Mortgage Finance Corporation, Series 1999-AS1
                                                 February 25 2000

<TABLE>
<CAPTION>
Sec. 6.02(a)(vii)                 Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency

                                         Group 1
                                                                                   Principal
                                        Category              Number                Balance               Percentage
<S>                                     <C>                   <C>                  <C>                    <C>
                                        1 Month                     0                      .00                   .00 %
                                        2 Months                    0                      .00                   .00 %
                                        3+Months                    0                      .00                   .00 %
                                        Total                       0                      .00                   .00 %

                                         Group 2
                                                                                   Principal
                                        Category              Number                Balance               Percentage
                                        1 Month                    0                      .00                   .00 %
                                        2 Months                   0                      .00                   .00 %
                                        3+Months                   0                      .00                   .00 %
                                        Total                      0                      .00                   .00 %

                                         Group 3
                                                                                   Principal
                                        Category              Number                Balance               Percentage
                                        1 Month                    3               249,224.15                   .27 %
                                        2 Months                   1                49,917.57                   .05 %
                                        3+Months                   0                      .00                   .00 %
                                         Total                     4.00            299,141.72                   .32 %

                                         Group Totals
                                                                                   Principal
                                        Category              Number                Balance               Percentage
                                        1 Month                    3               249,224.15                   .18 %
                                        2 Months                   1                49,917.57                   .04 %
                                        3+Months                   0                      .00                   .00 %
</TABLE>
                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>
                                                                          Page 5
Chase Mortgage Finance Corporation, Series 1999-AS1

                                                 February 25 2000
<TABLE>
<CAPTION>
<S>                               <C>                        <C>                   <C>                    <C>
                                        Total                      4.00            299,141.72                   .22 %

                                  Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure

                                        Group 1
                                                             Principal
                                        Number               Balance                Percentage
                                             .00                  .00                   .00 %

                                        Group 2
                                                             Principal
                                        Number               Balance                Percentage
                                             .00                  .00                   .00 %

                                        Group 3
                                                             Principal
                                        Number               Balance                Percentage
                                            2.00           192,869.21                   .21 %

                                        Group Totals
                                                             Principal
                                        Number               Balance                Percentage
                                            2.00           192,869.21                   .21 %

Sec. 6.02(a)(viii)                Number and Aggregate Principal Amounts of REO Loans

                                        Group 1
                                                             Principal
                                        Number               Balance                Percentage
                                             .00                  .00                   .00 %

                                        Group 2
                                                             Principal
                                        Number               Balance                Percentage
                                             .00                  .00                   .00 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 6
Chase Mortgage Finance Corporation, Series 1999-AS1
                                                 February 25 2000
<TABLE>
<CAPTION>
<S>                               <C>                        <C>                   <C>
                                        Group 3
                                                             Principal
                                        Number               Balance                Percentage
                                             .00                  .00                   .00 %

                                        Group Totals
                                                             Principal
                                        Number               Balance                Percentage
                                             .00                  .00                   .00 %
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 7
Chase Mortgage Finance Corporation, Series 1999-AS1
                                                 February 25 2000

<TABLE>
<CAPTION>
<S>                                     <C>                                                                       <C>
Sec. 6.02(a)(ix)                        Aggregate Recovered Advances for Current Period                                13,784.64

Sec. 6.02(a)(x)                         Class A Percentage                                                               92.73 %
                                        Class M Percentage                                                                3.47 %
                                        Class B Percentage                                                                3.80 %
                                        Class A Principal Balance                                                 126,492,844.21
                                        Class M Principal Balance                                                   4,726,576.17
                                        Class B Principal Balance                                                   5,184,602.46
                                        NON-PO Class A Percentage                                                      92.7327 %
                                        NON-PO Class A Prepayment Percentage                                          100.0000 %
                                        M Credit Support                                                                  3.80 %
                                        B1 Credit Support                                                                 2.12 %
                                        B2 Credit Support                                                                 1.23 %
                                        B3 Credit Support                                                                 0.78 %
                                        B4 Credit Support                                                                 0.50 %

Sec. 6.02(a)(xi)                        Current Period Realized Losses                                                      0.00
                                        Group 1 Current Period Realized Losses                                              0.00
                                        Group 2 Current Period Realized Losses                                              0.00
                                        Group 3 Current Period Realized Losses                                              0.00

                                        Cumulative Period Realized Losses                                                   0.00

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

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 1

Chase Mortgage Finance Trust, Series 1999-AS2

                                                 Statement to Certificateholders
                                                                February 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>
IA1         22,467,000.00      21,534,669.36      125,918.69     116,646.13     242,564.82    0.00       0.00       21,408,750.67
IIA1         9,200,000.00         363,705.16      247,967.90       1,970.07     249,937.97    0.00       0.00          115,737.26
IIA2        77,900,000.00      77,900,000.00            0.00     421,958.33     421,958.33    0.00       0.00       77,900,000.00
IIA3         9,543,000.00       9,543,000.00            0.00      51,691.25      51,691.25    0.00       0.00        9,543,000.00
IIA4        20,000,000.00      20,000,000.00            0.00     108,333.33     108,333.33    0.00       0.00       20,000,000.00
AP              17,185.00          16,704.75           55.91           0.00          55.91    0.00       0.00           16,648.84
AR                 100.00               0.00            0.00           0.00           0.00    0.00       0.00                0.00
M            5,250,000.00       5,201,794.87        6,343.10      28,176.39      34,519.49    0.00       0.00        5,195,451.77
B1           2,625,000.00       2,600,897.42        3,171.55      14,088.19      17,259.74    0.00       0.00        2,597,725.87
B2           1,200,000.00       1,188,981.69        1,449.85       6,440.32       7,890.17    0.00       0.00        1,187,531.84
B3             675,000.00         668,802.20          815.54       3,622.68       4,438.22    0.00       0.00          667,986.66
B4             375,000.00         371,556.77          453.08       2,012.60       2,465.68    0.00       0.00          371,103.69
B5             751,676.40         744,774.54          908.18       4,034.20       4,942.38    0.00       0.00          743,866.36
TOTALS     150,003,961.40     140,134,886.76     387,083.800     758,973.49   1,146,057.29    0.00       0.00      139,747,802.96

AX         148,463,136.00     138,640,401.46            0.00     105,753.47     487,391.46    0.00       0.00      138,258,763.47
</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>
IA1       16162TKG0      958.50221925     5.60460631    5.19188721   10.79649352       952.89761294    IA1             6.500000%
IIA1      16162TKH8       39.53316957    26.95303261     .21413804   27.16717065        12.58013696    IIA1            6.500000%
IIA2      16162TKJ4    1,000.00000000      .00000000    5.41666662    5.41666662     1,000.00000000    IIA2            6.500000%
IIA3      16162TKK1    1,000.00000000      .00000000    5.41666667    5.41666667     1,000.00000000    IIA3            6.500000%
</TABLE>
                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 2

Chase Mortgage Finance Trust, Series 1999-AS2

                                                 Statement to Certificateholders
                                                 February 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>
IIA4     16162TKL9    1,000.00000000       .00000000     5.41666650    5.41666650    1,000.00000000     IIA4             6.500000%
AP       16162TKM7      972.05411696      3.25341868      .00000000    3.25341868      968.80069828     AP                .000000%
AR       16162TKN5         .00000000       .00000000      .00000000     .00000000         .00000000     AR               6.500000%
M        16162TKP0      990.81807048      1.20820952     5.36693143    6.57514095      989.60986095     M                6.500000%
B1       16162TKQ8      990.81806476      1.20820952     5.36692952    6.57513905      989.60985524     B1               6.500000%
B2       16162TKR6      990.81807500      1.20820833     5.36693333    6.57514167      989.60986667     B2               6.500000%
B3       16162TKS4      990.81807407      1.20820741     5.36693333    6.57514074      989.60986667     B3               6.500000%
B4       16162TKT2      990.81805333      1.20821333     5.36693333    6.57514667      989.60984000     B4               6.500000%
B5       16162TKU9      990.81804351      1.20820608     5.36693716    6.57514324      989.60983742     B5               6.500000%
TOTALS                  934.20790659      2.58049052     5.05968964    7.64018016      931.62741607

AX                      933.83721505       .00000000      .71232141    3.28291233      931.26662413     AX                .915348%
</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 1999-AS2

                                February 25 2000

<TABLE>
<S>                         <C>                                                                                   <C>
Sec. 6.02(a)(iii)           Aggregate Amount of Principal Prepayments                                                 216,172.19
                            Aggregate Amount of Repurchase Proceeds                                                         0.00

                            Group 1 Amount of Principal Prepayments                                                    52,207.25
                            Group 1 Amount of Repurchase Proceeds                                                           0.00

                            Group 2 Amount of Principal Prepayments                                                   163,964.94
                            Group 2 Amount of Repurchase Proceeds                                                           0.00


Sec. 6.02(a)(iv)            Aggregate Servicer Advances                                                                49,001.09
                            Group 1 Servicer Advances                                                                  14,038.97
                            Group 2 Servicer Advances                                                                  34,962.12

Sec. 6.02(a)(v)             Number of Outstanding Mortgage Loans                                                           1,330
                            Ending Principal Balance of Outstanding Mortgage Loans                                139,747,803.39

                            Group 1 Outstanding Mortgage Loans                                                               239
                            Ending Principal Balance of Group 1 Mortgage Loans                                     23,127,719.90

                            Group 2 Outstanding Mortgage Loans                                                             1,091
                            Ending Principal Balance of Group 2 Mortgage Loans                                    116,620,083.49

Sec. 6.02(a)(vi)            Aggregate Amount of Servicing Fees                                                         36,656.94

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

<CAPTION>

                               Group 1
                                                                      Principal
                               Category              Number           Balance               Percentage
<S>                                                  <C>              <C>                   <C>
                               1 Month                 1               387,658.34              1.68%
</TABLE>

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 4

Chase Mortgage Finance Trust, Series 1999-AS2

  February 25 2000

  2 Months                 0                      .00            .00%
  3+Months                 0                      .00            .00%
  Total                    1               387,658.34           1.68%
   Group 2

                                        Principal
  Category              Number          Balance               Percentage
  1 Month                  4               564,580.44            .48%
  2 Months                 2               251,359.30            .22%
  3+Months                 0                      .00            .00%
   Total                   6.00            815,939.74            .70%


  Group Totals
                                        Principal
  Category              Number          Balance               Percentage
  1 Month                  5               952,238.78                   .68 %
  2 Months                 2               251,359.30                   .18 %
  3+Months                 0                      .00                   .00 %
   Total                   7.00          1,203,598.08                   .86 %




                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 5

Chase Mortgage Finance Trust, Series 1999-AS2
                                February 25 2000
         Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure

                     Group 1
                                          Principal
                     Number               Balance                Percentage
                                .00                  .00                   .00 %

                     Group 2
                                          Principal
                     Number               Balance                Percentage
                                .00                  .00                   .00 %

                     Group Totals
                                          Principal
                     Number               Balance                Percentage
                                .00                  .00                   .00 %

Sec. 6.02(a)(viii)   Number and Aggregate Principal Amounts of REO Loans

                     Group 1
                                          Principal
                     Number               Balance                Percentage
                                .00                  .00                   .00 %

                     Group 2
                                          Principal
                     Number               Balance                Percentage
                                .00                  .00                   .00 %

                     Group Totals
                                          Principal
                     Number               Balance                Percentage
                                .00                  .00                   .00 %

Sec. 6.02(a)(ix)     Aggregate Recovered Advances for Current Period   15,401.69

                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                                                                          Page 6

Chase Mortgage Finance Trust, Series 1999-AS2
                                         February 25 2000
Sec. 6.02(a)(x)   Class A Percentage                                     92.31 %
                  Class M Percentage                                      3.71 %
                  Class B Percentage                                      3.98 %
                  Class A Principal Balance                       129,358,079.27
                  Class M Principal Balance                         5,201,794.87
                  Class B Principal Balance                         5,575,012.62
                  NON-PO Class A Percentage                            92.3088 %
                  NON-PO Class A Prepayment Percentage                100.0000 %
                  M Credit Support                                        3.98 %
                  B1 Credit Support                                       2.12 %
                  B2 Credit Support                                       1.27 %
                  B3 Credit Support                                       0.80 %
                  B4 Credit Support                                       0.53 %

Sec. 6.02(a)(xi)  Current Period Realized Losses                            0.00
                  Group 1 Current Period Realized Losses                    0.00
                  Group 2 Current Period Realized Losses                    0.00

                  Cumulative Period Realized Losses                         0.00

Sec. 6.02(a)(xiv) Compensating Interest Shortfall                           0.00


                 (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>

                   Chase Mortgage Finance Trust Series 2000-S1
                         Statement to Certificateholders
                                February 25, 2000

                             DISTRIBUTION IN DOLLARS

<TABLE>
<CAPTION>

          ORIGINAL          PRIOR                                                                      CURRENT
            FACE          PRINCIPAL                                             REALIZED DEFERRED     PRINCIPAL
  CLASS     VALUE          BALANCE        PRINCIPAL     INTEREST       TOTAL     LOSSES  INTEREST      BALANCE

<S>     <C>             <C>             <C>             <C>         <C>            <C>     <C>    <C>
   A1   109,318,000.00  109,318,000.00  1,729,967.69    660,462.92  2,390,430.61   0.00    0.00   107,588,032.31
   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      235,695.00        251.31          0.00        251.31   0.00    0.00       235,443.69
   AR           100.00          100.00        100.00          0.60        100.60   0.00    0.00             0.00
    M     3,413,000.00    3,413,000.00      2,266.20     20,620.21     22,886.41   0.00    0.00     3,410,733.80
   B1     1,664,000.00    1,664,000.00      1,104.88     10,053.33     11,158.21   0.00    0.00     1,662,895.12
   B2       875,000.00      875,000.00        580.99      5,286.46      5,867.45   0.00    0.00       874,419.01
   B3       613,000.00      613,000.00        407.03      3,703.54      4,110.57   0.00    0.00       612,592.97
   B4       437,000.00      437,000.00        290.16      2,640.21      2,930.37   0.00    0.00       436,709.84
   B5       438,491.38      438,491.38        291.15      2,649.22      2,940.37   0.00    0.00       438,200.23
 TOTALS 175,067,286.38  175,067,286.38  1,735,259.41  1,056,274.21  2,791,533.62   0.00    0.00   173,332,026.97

   AX   168,855,745.69  168,855,745.69          0.00     84,531.83     84,531.83   0.00    0.00   167,125,975.50
</TABLE>

                  FACTOR INFORMATION PER $1000 OF ORIGINAL FACE

<TABLE>
<CAPTION>

                                                                                     PASS-THROUGH RATES
            PRIOR                                                     CURRENT                CURRENT
          PRINCIPAL                                                  PRINCIPAL       CLASS  PASS-THRU
 CLASS      FACTOR          PRINCIPAL    INTEREST       TOTAL         FACTOR                 RATE

<S>     <C>            <C>             <C>        <C>             <C>                <C>    <C>
   A1   1,000.00000000    15.82509459  6.04166670    21.86676128    984.17490541      A1    7.250000 %
   A2   1,000.00000000     0.00000000  6.35416714     6.35416714  1,000.00000000      A2    7.625000 %
   A3   1,000.00000000     0.00000000  6.45833438     6.45833438  1,000.00000000      A3    7.750000 %
   A4   1,000.00000000     0.00000000  6.45833439     6.45833439  1,000.00000000      A4    7.750000 %
   A5   1,000.00000000     0.00000000  5.41666667     5.41666667  1,000.00000000      A5    6.500000 %
   A6   1,000.00000000     0.00000000  6.04166696     6.04166696  1,000.00000000      A6    7.250000 %
   A7   1,000.00000000     0.00000000  6.04166647     6.04166647  1,000.00000000      A7    7.250000 %
   AP   1,000.00000000     1.06625088  0.00000000     1.06625088    998.93374912      AP    0.000000 %
   AR   1,000.00000000 1,000.00000000  6.00000000 1,006.00000000      0.00000000      AR    7.250000 %
    M   1,000.00000000     0.66399062  6.04166715     6.70565778    999.33600938      M     7.250000 %
   B1   1,000.00000000     0.66399038  6.04166466     6.70565505    999.33600962      B1    7.250000 %
   B2   1,000.00000000     0.66398857  6.04166857     6.70565714    999.33601143      B2    7.250000 %
   B3   1,000.00000000     0.66399674  6.04166395     6.70566069    999.33600326      B3    7.250000 %
   B4   1,000.00000000     0.66398169  6.04167048     6.70565217    999.33601831      B4    7.250000 %
   B5   1,000.00000000     0.66398113  6.04166951     6.70565063    999.33601887      B5    7.250000 %
 TOTALS 1,000.00000000     9.91195697  6.03353277    15.94548975    990.08804303

   AX   1,000.00000000     0.00000000  0.50061566     0.50061566    989.75592934      AX    0.600739 %
</TABLE>


 [Image]         (C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
<PAGE>

                    Chase Mortgage Finance Trust Series 2000-S1
                          Statement to Certificateholders
                                 February 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]

 [Image]         (C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
<PAGE>

                   Chase Mortgage Finance Trust Series 2000-S1
                                February 25, 2000
<TABLE>
<CAPTION>

<S>                         <C>                                                              <C>
 Sec. 6.02(a)(iii)          Aggregate Amount of Principal Prepayments                        1,618,974.95

                            Aggregate Amount of Repurchase Proceeds                                  0.00

 Sec. 6.02(a)(iv)                   Aggregate Servicer Advances                                 31,077.11

 Sec. 6.02(a)(v)              Number of Outstanding Mortgage Loans                                    552

                       Ending Principal Balance of Outstanding Mortgage Loans              173,332,026.96

 Sec. 6.02(a)(vi)              Aggregate Amount of Servicing Fees                               45,794.69

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

</TABLE>
                                                 Group 1
                         Category   Number   Principal Balance     Percentage
                         1 Month    0        0.00                  0.00 %
                         2 Months   0        0.00                  0.00 %
                         3+Months   0        0.00                  0.00 %
                         Total      0        0.00                  0.00 %
<TABLE>
<CAPTION>
                   Number and Aggregate Principal Amounts of Mortgage Loans in Foreclosure

                                                 Group 1
                                 Number     Principal Balance   Percentage
                                      0                  0.00       0.00 %

<S>                   <C>                                                                  <C>
 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

 Sec. 6.02(a)(x)      Credit Support Information Based Upon Beginning Balances

                                                            Class A Percentage                 95.74992 %

                                                            Class M Percentage                  1.94954 %

                                                            Class B Percentage                  2.30054 %

                                                     Class A Principal Balance             167,626,795.00

                                                     Class M Principal Balance               3,413,000.00

                                                     Class B Principal Balance               4,027,491.38

                                                     NON-PO Class A Percentage                 95.74420 %

                                          NON-PO Class A Prepayment Percentage                100.00000 %

                                                              M Credit Support                     2.30 %

                                                             B1 Credit Support                     1.35 %

                                                             B2 Credit Support                     0.85 %

                                                             B3 Credit Support                     0.50 %

                                                             B4 Credit Support                     0.25 %

</TABLE>

 [Image]        (C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION
<PAGE>

                   Chase Mortgage Finance Trust Series 2000-S1
                                February 25, 2000

<TABLE>
<CAPTION>

 Sec. 6.02(a)(x)   Credit Support Information Based Upon Ending Balances

<S>                                       <C>                                              <C>
                                                            Class A Percentage                 95.71023 %

                                                            Class M Percentage                  1.96775 %

                                                            Class B Percentage                  2.32203 %

                                                     Class A Principal Balance             165,896,476.00

                                                     Class M Principal Balance               3,410,733.80

                                                     Class B Principal Balance               4,024,817.16

                                                     NON-PO Class A Percentage                 95.70439 %

                                          NON-PO Class A Prepayment Percentage                100.00000 %

                                                              M Credit Support                     2.33 %

                                                             B1 Credit Support                     1.36 %

                                                             B2 Credit Support                     0.86 %

                                                             B3 Credit Support                     0.51 %

                                                             B4 Credit Support                     0.25 %

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

                                             Cumulative Period Realized Losses                       0.00

 Sec. 6.02(a)(xiv)                             Compensating Interest Shortfall                       0.00

</TABLE>

 [Image]         (C) COPYRIGHT 2000, CHASE MANHATTAN CORPORATION



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission