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Previous: LABONE INC/, 10-Q, 2000-05-05 |
Next: CMA CALIFORNIA MUN MONEY FD OF CMA MULTI STAT MUN SERS TRUST, N-30D, 2000-05-05 |
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 5, 2000
-----------
Chase Mortgage Finance Corporation
- --------------------------------------------------------------------------------
(Exact name of registrant specified in Charter)
Delaware 333-76801 52-1495132
- --------------------------------------------------------------------------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
343 Thornall Street
Edison, NJ 08837
- --------------------------------------------------------------------------------
(Address of principal executive offices) Zip Code
Registrant's telephone, including area code: (732) 205-0600
Not Applicable
- --------------------------------------------------------------------------------
(Former name and former address, if changed since last report)
<PAGE>
ITEM 5. Other Events
------------
Filing of Collateral Term Sheets
--------------------------------
Attached as Exhibit 99.1 are Collateral Term Sheets prepared by Chase
Mortgage Finance Corporation in connection with the offering of Chase Mortgage
Finance Corporation Multi-Class Mortgage Pass-Through Certificates, Series
2000-S5.
<PAGE>
ITEM 7. Financial Statements and Exhibits
---------------------------------
(c) Exhibits
Item 601(a)
of Regulation S-K
Exhibit No. Description
- ----------- -----------
(99.1) Collateral Term Sheets
<PAGE>
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CHASE MORTGAGE FINANCE CORPORATION
Date: May 5, 2000 By: /s/ Bruce J. Friedman
------------------------
Name: Bruce J. Friedman
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
Exhibit No. Description
- ----------- -----------
(99.1) Collateral Term Sheets
<PAGE>
Current
- -------
[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal Gross WAC Gross Adjustments WA Gross Rate
- ----- ---------------- --------------- -------------------- --------- ----------------- -------------
<S> <C> <C> <C> <C> <C> <C>
377 120,000,000 360,090.92 8.549 .000 8.549
Sched. WAM Actual WAM WALTV WALA
- ---------- ---------- ----- ----
<C> <C> <C> <C>
359.227 359.151 75.105 .100
STATE DISTRIBUTION LOAN AMORTIZATION DISTRIBUTION PAGE: 1
------------------ ------------------------------
State Count Balance Percent Actual Months to Maturity Count Balance Percent
- ----- ----- ------- ------- ------------------------- ----- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C>
CA 78 29,625,698.98 21.83 1-24 Months (1 Mo-2 Years) 0 .00 .00
CT 5 1,738,402.98 1.28 25-48 Months (2-4 Years) 0 .00 .00
FL 33 11,754,439.47 8.66 49-72 Months (4-6 Years) 0 .00 .00
IL 12 4,605,238.76 3.39 73-96 Months (6-8 Years) 0 .00 .00
NJ 17 5,960,654.06 4.39 97-120 Months (8-10 Years) 0 .00 .00
NY 46 18,002,452.43 13.26 121-144 Months (10-12 Years) 0 .00 .00
TX 43 16,554,374.55 12.20 145-168 Months (12-14 Years) 0 .00 .00
Other 143 47,498,428.65 34.99 169-192 Months (14-16 Years) 0 .00 .00
- -------------------------------------------------------- 193-216 Months (16-18 Years) 0 .00 .00
TOTAL: 377 135,739,689.88 100.00 217-240 Months (18-20 Years) 4 760,977.11 .56
241-264 Months (20-22 Years) 0 .00 .00
DOC TYPE DISTRIBUTION 265-288 Months (22-24 Years) 0 .00 .00
--------------------- 289-312 Months (24-26 Years) 0 .00 .00
Doc Type Count Balance Percent 313-336 Months (26-28 Years) 0 .00 .00
- -------- ----- ------- ------- 337+ Months (28+ Years) 373 134,978,712.77 99.44
FULL 351 124,512,994.89 91.73 -------------------------------------------------------------------
NIV 26 11,226,694.99 8.27 TOTAL: 377 135,739,689.88 100.00
NO RATIO 0 .00 .00
NINA 0 .00 .00 LOAN 1st PAYMENT DISTRIBUTION
ALT 0 .00 .00 -----------------------------
Other 0 .00 .00 1st Payment Date Count Balance Percent
- -------------------------------------------------------- ---------------- ----- ------- -------
TOTAL: 377 135,739,689.88 100.00 0 Months Old 357 130,599,022.61 96.21
1 Month Old 13 3,030,887.64 2.23
PROPERTY TYPE DISTRIBUTION 2 Months Old 0 .00 .00
-------------------------- 3 Months Old 6 1,833,493.48 1.36
Property Type Count Balance Percent 4 Months Old 0 .00 .00
- ------------- ----- ------- ------- 5 Months Old 1 276,286.15 .20
Single Family 221 77,360,351.68 56.99 6 Months Old 0 .00 .00
Multi Family 10 3,813,269.42 2.81 7 Months Old 0 .00 .00
COOP 5 2,119,900.00 1.56 8 Months Old 0 .00 .00
PUD 111 41,936,187.93 30.89 9 Months Old 0 .00 .00
Condo -High Rise 7 2,214,162.98 1.63 10 Months Old 0 .00 .00
-Low Rise 23 8,295,817.87 6.11 11 Months Old 0 .00 .00
---------------------------------- 12 Months Old 0 .00 .00
Total Condo 30 10,509,980.85 7.74 1-2 Years (13-24 Months Old) 0 .00 .00
Condotels 0 .00 .00 2-3 Years (25-36 Months Old) 0 .00 .00
Manufac. House 0 .00 .00 3-4 Years (37-48 Months Old) 0 .00 .00
Other 0 .00 .00 4-6 Years (49-72 Months Old) 0 .00 .00
- -------------------------------------------------------- 6-8 Years (73-96 Months Old) 0 .00 .00
TOTAL: 377 135,739,689.88 100.00 8-10 Years (97-120 Months Old) 0 .00 .00
10+ Years (121+ Months Old) 0 .00 .00
OCCUPANCY DISTRIBUTION -------------------------------------------------------------------
---------------------- TOTAL: 377 135,739,689.88 100.00
Occupancy Count Balance Percent
- --------- ----- ------- -------
None 0 .00 .00
Primary 366 131,761,663.75 97.07
Vacation 11 3,978,026.13 2.93
Investor 0 .00 .00
Other 0 .00 .00
- --------------------------------------------------------
TOTAL: 377 135,739,689.88 100.00
PURPOSE DISTRIBUTION
--------------------
Purpose Count Balance Percent
- ------- ----- ------- -------
Cash Out Refi 55 17,673,054.64 13.02
Purchase 280 102,061,912.90 75.19
Rate Term Refi 42 16,004,722.34 11.79
Other 0 .00 .00
- --------------------------------------------------------
TOTAL: 377 135,739,689.88 100.00
</TABLE>
THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.
<PAGE>
Current
- -------
[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal
----- ---------------- --------------- --------------------
377 120,000,000 360,090.92
LTV DISTRIBUTION ORIGINAL BALANCE DISTRIBUTION PAGE: 2
---------------- -----------------------------
LTV Count Balance Percent Count Balance Percent
- --- ----- ------- ------- ----- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C>
0-50.00 18 7,076,107.15 5.21 0-50,000.00 1 47,973.78 .04
50.01-60.00 22 9,740,572.16 7.18 50,000.01-100,000.00 9 679,522.08 .50
60.01-70.00 35 14,474,564.88 10.66 100,000.01-150,000.00 3 338,941.69 .25
70.01-75.00 46 19,220,189.42 14.16 150,000.01-200,000.00 4 701,396.07 .52
75.01-80.00 204 69,514,701.72 51.21 200,000.01-225,000.00 1 211,892.94 .16
80.01-85.00 4 1,194,450.00 .88 225,000.01-252,700.00 0 .00 .00
85.01-90.00 28 8,837,772.48 6.51 252,700.01-350,000.00 210 62,989,632.45 46.40
90.01-95.00 20 5,681,332.07 4.19 350,000.01-400,000.00 60 22,629,358.14 16.67
95.01-100.00 0 .00 .00 400,000.01-500,000.00 49 21,998,560.69 16.21
100.00+ 0 .00 .00 500,000.01-650,000.00 29 17,090,979.99 12.59
- --------------------------------------------------------- 650,000.01-1,000,000.00 11 9,051,432.05 6.67
TOTAL: 337 135,739,689.88 100.00 1,000,000.01+ 0 .00 .00
-----------------------------------------------------------------
TOTAL: 377 135,739,689.88 100.00
NOTE RATE DISTRIBUTION
----------------------
Note Gross WA Gross Note Gross WA Gross
- ---- ----- -------- ---- ----- --------
Rate Adjmts Rate Cnt Balance Percent Rate Adjmts Rate Cnt Balance Percent
- ---- ------ ---- --- ------- ------- ---- ------ ---- --- ------- -------
<5.750 .0000 .0000 0 .00 .00 9.375 .0000 9.3750 3 1,767,392.94 1.30
5.750 .0000 .0000 0 .00 .00 9.500 .0000 9.5000 1 177,750.00 .13
5.875 .0000 .0000 0 .00 .00 9.625 .0000 .0000 0 .00 .00
6.000 .0000 .0000 0 .00 .00 9.750 .0000 .0000 0 .00 .00
6.125 .0000 .0000 0 .00 .00 9.875 .0000 .0000 0 .00 .00
6.250 .0000 .0000 0 .00 .00 10.000 .0000 .0000 0 .00 .00
6.375 .0000 .0000 0 .00 .00 10.125 .0000 .0000 0 .00 .00
6.500 .0000 6.5000 1 323,657.15 .24 10.250 .0000 .0000 0 .00 .00
6.625 .0000 .0000 0 .00 .00 10.375 .0000 .0000 0 .00 .00
6.750 .0000 .0000 0 .00 .00 10.500 .0000 .0000 0 .00 .00
6.875 .0000 .0000 0 .00 .00 10.625 .0000 .0000 0 .00 .00
7.000 .0000 .0000 0 .00 .00 10.750 .0000 .0000 0 .00 .00
7.125 .0000 7.1250 2 595,350.00 .44 10.875 .0000 .0000 0 .00 .00
7.250 .0000 .0000 0 .00 .00 11.000 .0000 .0000 0 .00 .00
7.375 .0000 .0000 0 .00 .00 11.125 .0000 .0000 0 .00 .00
7.500 .0000 .0000 0 .00 .00 11.250 .0000 .0000 0 .00 .00
7.625 .0000 7.6250 1 470,615.61 .35 11.375 .0000 .0000 0 .00 .00
7.750 .0000 7.7500 2 979,611.81 .72 11.500 .0000 .0000 0 .00 .00
7.875 .0000 7.8750 6 2,250,902,67 1.66 11.625 .0000 .0000 0 .00 .00
8.000 .0000 8.0000 7 2,630,150.00 1.94 11.750 .0000 .0000 0 .00 .00
8.125 .0000 8.1250 13 4,987,292.83 3.67 11.875 .0000 .0000 0 .00 .00
8.250 .0000 8.2500 23 7,734,959.92 5.70 12.000 .0000 .0000 0 .00 .00
8.375 .0000 8.3750 55 19,806,136.71 14.59 12.125 .0000 .0000 0 .00 .00
8.500 .0000 8.5000 87 31,398,480.09 23.13 12.250 .0000 .0000 0 .00 .00
8.625 .0000 8.6250 61 20,961,860.52 15.44 12.375 .0000 .0000 0 .00 .00
8.750 .0000 8.7500 64 22,816,697.62 16.81 12.500 .0000 .0000 0 .00 .00
8.875 .0000 8.8750 34 12,525,178.23 9.23 12.625 .0000 .0000 0 .00 .00
9.000 .0000 9.0000 11 4,269,303,60 3.15 12.750 .0000 .0000 0 .00 .00
9.125 .0000 9.1250 2 842,650.18 .62 12.875 .0000 .0000 0 .00 .00
9.250 .0000 9.2500 4 1,199,700.00 .88 >12.875 .0000 .0000 0 .00 .00
Other: WAC 0 .0000 .0000 0 .00 .00
---------------------------------------------------------------------
TOTAL: 377 135,739,689.88 100.00
</TABLE>
THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.
<PAGE>
Current
- -------
[LOGO] Chase Manhattan Mortgage Corporation - Pool Summary
<TABLE>
<CAPTION>
Count Original Balance Current Balance Average Original Bal
- ----- ---------------- --------------- --------------------
377 120,000,000 360,090.92
FICO CREDIT SCORES UNINSURED LOANS (NO MI) BY LTV PAGE: 3
------------------ ------------------------------
FICOScore Count Balance Percent LTV Count Balance Percent
- --------- ----- ------- ------- --- ----- ------- -------
<S> <C> <C> <C> <C> <C> <C> <C>
0-1/Unknown 6 1,953,811.00 1.44 <80.01 325 120,026,135.33 88.42
2-500 0 .00 .00 80.01-85.00 0 .00 .00
500.01-600 8 951,574.93 .70 85.01-90.00 1 308,250.00 .23
600.01-700 155 52,320,600.10 38.54 90.01-95.00 0 .00 .00
700.01-800 205 79,646,866.80 58.68 95.01-100.00 0 .00 .00
800.01+ 3 868,837.05 .64 100.01+ 0 .00 .00
- ---------- ---- -------------- ----- ----------------------------------------------------------
TOTAL 377 135,739,689.88 100.00 AGG UNINSURED 326 120,334,385.33 88.65
Max Score: 999 Min Score: 556 AGG INSURED 51 15,405,304.55 11.35
Wtd Avg. Score (FICO>1): 711 ----------------------------------------------------------
TOTAL 377 135,739,689.88 100.00
INTL/DOMESTIC BORROWERS DISTRIBUTION
------------------------------------
Int'l/Domes Count Balance Percent
----------- ----- ------- -------
International 0 .00 .00
Domestic 377 135,739,689.88 100.00
----------------------------------------------------------
TOTAL 377 135,739,689.88 100.00
FULL STATE DISTRIBUTION
-----------------------
State Count Balance Percent State Count Balance Percent
- ----- ----- ------- ------- ----- ----- ------- -------
AL 2 592,264.91 .44 NC 3 750,400.00 .55
AR 0 .00 .00 ND 0 .00 .00
AZ 7 2,242,300.00 1.65 NE 0 .00 .00
CA 78 29,625,698.98 21.83 NH 2 584,800.00 .43
CO 1 265,000.00 .20 NJ 17 5,960,654.06 4.39
CT 5 1,738,402.98 1.28 NM 4 1,784,492.04 1.31
DC 4 1,520,800.00 1.12 NV 6 2,602,050.00 1.92
DE 2 835,061.81 .62 NY 46 18,002,452.43 13.26
FL 33 11,754,439.47 8.66 OH 7 755,878.70 .56
GA 18 6,745,283.53 4.97 OK 2 662,000.00 .49
HI 2 1,127,952.67 .83 OR 3 908,600.00 .67
IA 0 .00 .00 PA 15 4,810,965.26 3.54
ID 1 74,352.25 .05 RI 1 264,000.00 .19
IL 12 4,605,238.76 3.39 SC 1 300,000.00 .22
IN 0 .00 .00 SD 0 .00 .00
KS 0 .00 .00 TN 0 .00 .00
KY 0 .00 .00 TX 43 16,554,374.55 12.20
LA 0 .00 .00 UT 2 704,000.00 .52
MA 7 2,319,739.29 1.71 VA 13 3,965,680.02 2.92
MD 14 5,022,181.18 3.70 VT 0 .00 .00
ME 0 .00 .00 WA 16 5,736,607.84 4.23
MI 4 1,187,892.94 .88 WI 0 .00 .00
MN 3 1,052,126.21 .78 WV 0 .00 .00
MO 2 408,000.00 .30 WY 1 276,000.00 .20
MS 0 .00 .00 UNKNOWN 0 .00 .00
MT 0 .00 .00 --------------------------------------------------
TOTAL: 377 135,739,689.88 100.00
</TABLE>
THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE
MORTGAGE LOANS CONTAINED IN THE PROSPECTUS SUPPLEMENT. THE INFORMATION CONTAINED
HEREIN SUPERSEDES THE INFORMATION IN ALL PRIOR COLLATERAL TERM SHEETS, IF ANY.
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