CHASE MANHATTAN ACCEPTANCE CORP /
8-K, 1998-08-24
ASSET-BACKED SECURITIES
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                       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:  August 24, 1998
(Date of earliest event reported)

Commission File No. 33-68724



                     Chase Manhattan Acceptance Corporation
- --------------------------------------------------------------------------------


        Delaware                                           13-3456395
- --------------------------------------------------------------------------------
(State of Incorporation)                    (I.R.S. Employer Identification No.)


270 Park Avenue, 40th Floor
New York, New York                                                  10017
- --------------------------------------------------------------------------------
Address of principal executive offices                            (Zip Code)


                                 (212) 270-6000
- --------------------------------------------------------------------------------
               Registrant's Telephone Number, including area code


- --------------------------------------------------------------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)


<PAGE>


ITEM 5.   Other Events

          Attached as an exhibit are the Computational  Materials (as defined in
     the  no-action  letter  dated May 21,  1994  issued by the  Securities  and
     Exchange Commission to Kidder,  Peabody Acceptance  Corporation-I,  Kidder,
     Peabody & Co.  Incorporated and Kidder  Structured  Asset  Corporation (the
     "Kidder Letter")) prepared by Credit Suisse First Boston Corporation, which
     are hereby filed pursuant to such letter.


                                       -2-


<PAGE>


ITEM 7.   Financial Statements and Exhibits

          (c) Exhibits

Item 601(a)
of Regulation S-K
Exhibit No.                             Description
- -----------                             -----------

(99)                                    Computational   Materials   prepared  by
                                        Credit  Suisse First Boston  Corporation
                                        in  connection   with  Chase   Manhattan
                                        Acceptance   Corporation,    Multi-Class
                                        Mortgage   Pass-Through    Certificates,
                                        Series 1998-S5


                                      -3-


<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 MANHATTAN ACCEPTANCE CORPORATION


August 24, 1998

                                        By:   /s/ Eileen Lindblom
                                           ----------------------------------
                                           Name:  Eileen Lindblom
                                           Title: Vice President


                                      -4-


<PAGE>


                                INDEX TO EXHIBITS
                                -----------------



                                                                 Paper (P) or
Exhibit No.             Description                              Electronic (E)
- -----------             -----------                              --------------

  (99)                  Computational  Materials prepared by          P
                        Credit     Suisse    First    Boston
                        Corporation in connection with Chase
                        Manhattan  Acceptance   Corporation,
                        Multi-Class  Mortgage   Pass-Through
                        Certificates, Series 1998-S5


                                      -5-




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