CHASE MORTGAGE FINANCE CORP
8-K, 2000-04-28
ASSET-BACKED SECURITIES
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<PAGE>
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    Form 8-K



                Current Report Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported): April 4, 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                               08837
               Edison, NJ
- --------------------------------------------------------------------------------
 (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-S4.


<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:  April 4, 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>
  332         110,000,000                               391,672.55       8.426                  .000            8.426

Sched. WAM    Actual WAM      WALTV     WALA
- ----------    ----------      -----     ----
   <C>            <C>         <C>       <C>
   359.354       359.324     74.999     .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                     73       29,618,617.90      22.78          1-24  Months (1 Mo-2 Years)          0              .00       .00
CT                      4        1,622,002.98       1.25         25-48  Months (2-4 Years)             0              .00       .00
FL                     24        9,614,046.92       7.39         49-72  Months (4-6 Years)             0              .00       .00
IL                      5        1,888,867.39       1.45         73-96  Months (6-8 Years)             0              .00       .00
NJ                     25        9,337,199.62       7.18         97-120 Months (8-10 Years)            0              .00       .00
NY                     46       18,611,412.77      14.31        121-144 Months (10-12 Years)           0              .00       .00
TX                     49       19,612,026.25      15.08        145-168 Months (12-14 Years)           0              .00       .00
Other                 106       39,720,184.68      30.55       169-192 Months (14-16 Years)            0              .00       .00
- --------------------------------------------------------        193-216 Months (16-18 Years)           0              .00       .00
TOTAL:                332      130,024,358.51     100.00        217-240 Months (18-20 Years)           2       591,000.00       .45
                                                                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)              330   129,433,358.51     99.55
FULL                  297      115,332,882.28      88.70        -------------------------------------------------------------------
NIV                    35       14,691,476.23      11.30        TOTAL:                               332   130,024,358.51    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:                332      130,024,358.51     100.00          0 Months Old                       314   123,655,384.67     95.10
                                                                  1 Month Old                         10     3,155,666.92      2.43
                     PROPERTY TYPE DISTRIBUTION                   2 Months Old                         5     2,041,145.13      1.57
                     --------------------------                   3 Months Old                         1       262,518.64       .20
Property Type       Count             Balance    Percent          4 Months Old                         0              .00       .00
- -------------       -----             -------    -------          5 Months Old                         0              .00       .00
Single Family         212       83,606,892.62      64.30          6 Months Old                         0              .00       .00
Multi Family            4        1,596,400.00       1.23          7 Months Old                         0              .00       .00
COOP                    8        3,987,415.26       3.07          8 Months Old                         0              .00       .00
PUD                    77       28,703,194.40      22.08          9 Months Old                         2       909,643.15       .70
Condo -High Rise        0                 .00        .00         10 Months Old                         0              .00       .00
      -Low Rise         0                 .00        .00         11 Months Old                         0              .00       .00
      -Condotels        0                 .00        .00         12 Months Old                         0              .00       .00
      -Unknown         19        7,297,128.45       5.61        1-2 Years (13-24 Months Old)           0              .00       .00
Manufac. House          0                   0          0        2-3 Years (25-36 Months Old)           0              .00       .00
Other                  12        4,833,327.76       3.72        3-4 Years (37-48 Months Old)           0              .00       .00
- --------------------------------------------------------        4-6 Years (49-72 Months Old)           0              .00       .00
TOTAL:                332      130,024,358.51     100.00        6-8 Years (73-96 Months Old)           0              .00       .00
                                                                8-10 Years (97-120 Months Old)         0              .00       .00
                     OCCUPANCY DISTRIBUTION                     10+ Years (121+ Months Old)            0              .00       .00
                     ----------------------                     -------------------------------------------------------------------
Occupancy           Count             Balance    Percent        TOTAL:                               332   130,024,358.51    100.00
- ---------           -----             -------    -------
None                    0                 .00        .00
Primary               322      126,427,865.93      97.23
Vacation               10        3,596,492.58       2.77
Investor                0                 .00        .00
Other                   0                 .00        .00
- --------------------------------------------------------
TOTAL:                332      130,024,358.51     100.00

                     PURPOSE DISTRIBUTION
                     --------------------
Purpose             Count             Balance    Percent
- -------             -----             -------    -------
Cash Out Refi          40       17,019,491.02      13.09
Purchase              254       95,600,920.90      73.53
Rate Term Refi         38       17,403,946.59      13.38
Other                   0                 .00        .00
- --------------------------------------------------------
TOTAL:                332      130,024,358.51     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
             -----    ----------------  ---------------    --------------------
               332         110,000,000                               391,672.55


                           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            13         5,548,900.00           4.27         0-50,000.00                  0                  .00           .00
50.01-60.00        19         9,182,966.76           7.06         50,000.01-100,000.00         0                  .00           .00
60.01-70.00        31        13,008,141.92          10.00         100,000.01-150,000.00        0                  .00           .00
70.01-75.00        52        24,706,537.24          19.00         150,000.01-200,000.00        0                  .00           .00
75.01-80.00       169        62,275,709.06          47.90         200,000.01-225,000.00        0                  .00           .00
80.01-85.00         5         1,664,225.00           1.28         225,000.01-240,000.00        0                  .00           .00
85.01-90.00        33        10,806,073.35           8.31         240,000.01-350,000.00      175        53,237,572.27         40.94
90.01-95.00         9         2,561,055.18           1.97         350,000.01-400,000.00       60        22,539,079.16         17.33
95.01-100.00        0                  .00            .00         400,000.01-500,000.00       49        22,446,194.08         17.26
100.00+             1           270,750.00            .21         500,000.01-650,000.00       35        20,471,413.00         15.74
- ---------------------------------------------------------         650,000.01-1,000,000.00     13        11,330,100.00          8.71
TOTAL:            332       130,024,358.51         100.00         1,000,000.01+                0                  .00           .00
                                                                  -----------------------------------------------------------------
                                                                  TOTAL:                     332       130,024,358.51        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     2       826,250.00           .64
 5.750   .0000      .0000     0              .00       .00  9.500      .0000         9.5000     2       780,000.00           .60
 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     2     1,011,650.00       .78  10.250     .0000          .0000     0              .00           .00
 6.625   .0000     6.6250     1       433,850.00       .33  10.375     .0000          .0000     0              .00           .00
 6.750   .0000      .0000     0              .00       .00  10.500     .0000          .0000     0              .00           .00
 6.875   .0000     6.8750     1       440,500.00       .34  10.625     .0000          .0000     0              .00           .00
 7.000   .0000     7.0000     3     1,372,050.00      1.06  10.750     .0000          .0000     0              .00           .00
 7.125   .0000     7.1250     3       874,150.00       .67  10.875     .0000          .0000     0              .00           .00
 7.250   .0000      .0000     0              .00       .00  11.000     .0000          .0000     0              .00           .00
 7.375   .0000     7.3750     1       350,000.00       .27  11.125     .0000          .0000     0              .00           .00
 7.500   .0000     7.5000     1       351,150.00       .27  11.250     .0000          .0000     0              .00           .00
 7.625   .0000     7.6250     3     1,843,715.00      1.42  11.375     .0000          .0000     0              .00           .00
 7.750   .0000     7.7500     8     3,531,627.96      2.72  11.500     .0000          .0000     0              .00           .00
 7.875   .0000     7.8750     6     2,432,776.06      1.87  11.625     .0000          .0000     0              .00           .00
 8.000   .0000     8.0000    10     4,174,350.00      3.21  11.750     .0000          .0000     0              .00           .00
 8.125   .0000     8.1250    14     5,781,477.58      4.45  11.875     .0000          .0000     0              .00           .00
 8.250   .0000     8.2500    28    10,523,890.14      8.09  12.000     .0000          .0000     0              .00           .00
 8.375   .0000     8.3750    56    20,687,018.47     15.91  12.125     .0000          .0000     0              .00           .00
 8.500   .0000     8.5000    77    29,880,272.31     22.98  12.250     .0000          .0000     0              .00           .00
 8.625   .0000     8.6250    37    14,624,199.34     11.25  12.375     .0000          .0000     0              .00           .00
 8.750   .0000     8.7500    43    16,753,084.32     12.88  12.500     .0000          .0000     0              .00           .00
 8.875   .0000     8.8750    26     9,759,547.81      7.51  12.625     .0000          .0000     0              .00           .00
 9.000   .0000     9.0000     5     2,294,205.05      1.76  12.750     .0000          .0000     0              .00           .00
 9.125   .0000     9.1250     1       500,000.00       .38  12.875     .0000          .0000     0              .00           .00
 9.250   .0000     9.2500     2       798,594.47       .61 >12.875     .0000          .0000     0              .00           .00
                                                Other: WAC 0           .0000          .0000     0              .00           .00
                                                           ---------------------------------------------------------------------
                                                           TOTAL:                             332   130,024,358.51        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
- -----    ----------------  ---------------    --------------------
  332         110,000,000                               391,672.55

                        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          35          15,187,600.00       11.68              <80.01                 284       114,722,254.98      88.23
2-500                 0                    .00         .00               80.01-85.00             3           995,950.00        .77
500.01-600            5           1,644,000.00        1.26               85.01-90.00             4         1,390,500.00       1.07
600.01-700          121          47,013,685.93       36.16               90.01-95.00             1           299,900.00        .23
700.01-800          168          65,291,776.36       50.22               95.01-100.00            0                  .00        .00
800.01+               3             887,296.22         .68               100.01+                 1           270,750.00        .21
- ----------         ----         --------------       -----              ----------------------------------------------------------
TOTAL               332         130,024,358.51      100.00              AGG UNINSURED          293       117,679,354.98      90.51
Max Score: 999                   Min Score: 524                         AGG INSURED             39        12,345,003.53       9.49
Wtd Avg. Score (FICO>1): 708                                            ----------------------------------------------------------
                                                                        TOTAL                  332       130,024,358.51     100.00

                                                                                       INTL/DOMESTIC BORROWERS DISTRIBUTION
                                                                                       ------------------------------------
                                                                        Int'l/Domes         Count               Balance    Percent
                                                                        -----------         -----               -------    -------
                                                                        International           0                   .00        .00
                                                                        Domestic              332        130,024,358.51     100.00
                                                                        ----------------------------------------------------------
                                                                        TOTAL                 332        130,024,358.51     100.00


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

State      Count               Balance       Percent                State       Count             Balance      Percent
- -----      -----               -------       -------                -----       -----             -------      -------
AL             0                   .00           .00                NC              6        2,087,200.00         1.61
AR             1            373,000.00           .29                ND              0                 .00          .00
AZ             5          1,959,444.47          1.51                NE              0                 .00          .00
CA            73         29,618,617.90         22.78                NH              0                 .00          .00
CO             3            852,900.00           .66                NJ             25        9,337,199.62         7.18
CT             4          1,622,002.98          1.25                NM              1          378,000.00          .29
DC             2          1,130,000.00           .87                NV              3        1,183,300.00          .91
DE             1            280,052.20           .22                NY             48       18,611,412.77        14.31
FL            24          9,614,046.92          7.39                OH              0                 .00          .00
GA            13          4,566,937.24          3.51                OK              0                 .00          .00
HI             1            650,000.00           .50                OR              4        1,470,758.67         1.13
IA             0                    00           .00                PA             12        4,620,200.00         3.55
ID             0                   .00           .00                RI              0                 .00          .00
IL             5          1,888,867.39          1.45                SC              1          268,700.00          .21
IN             0                   .00           .00                SD              0                 .00          .00
KS             0                   .00           .00                TN              1          391,900.00          .30
KY             0                   .00           .00                TX             49       19,612,026.25        15.08
LA             1            400,000.00           .31                UT              1          349,782.45          .27
MA             5          2,244,318.19          1.73                VA             13        4,478,300.87         3.44
MD            10          3,570,933.88          2.75                VT              0                 .00          .00
ME             1            278,626.71           .21                WA             11        4,195,600.00         3.23
MI             2            625,100.00           .48                WI              0                 .00          .00
MN             5          2,221,130.00          1.71                WV              0                 .00          .00
MO             1            529,000.00           .41                WY              1          300,000.00          .23
MS             1            315,000.00           .24                UNKNOWN         0                 .00          .00
MT             0                   .00           .00                --------------------------------------------------
                                                                    TOTAL:        332      130,024,358.51       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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