GREEN TREE FINANCIAL CORP
8-K, 1999-02-26
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): February 24, 1999





                        GREEN TREE FINANCIAL CORPORATION
                        --------------------------------
             (Exact name of registrant as specified in its charter)


          Delaware                  333-63305                 41-1807858
- --------------------------------------------------------------------------------
(State or other jurisdiction       (Commission              (IRS employer
      of incorporation)            file number)           identification No.)



  1100 Landmark Towers, 345 St. Peter Street, Saint Paul, Minnesota 55102-1639
  ----------------------------------------------------------------------------
                    (Address of principal executive offices)


       Registrant's telephone number, including area code: (612) 293-3400
                                                           --------------


                                 Not Applicable
- --------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)
<PAGE>
 
Item 1.   Changes in Control of Registrant.

          Not applicable.

Item 2.   Acquisition or Disposition of Assets.

          Not applicable.

Item 3.   Bankruptcy or Receivership.

          Not applicable.

Item 4.   Changes in Registrant's Certifying Accountant.

          Not applicable.

Item 5.   Other Events.

          Not applicable.

Item 6.   Resignations of Registrant's Directors.

          Not applicable.

Item 7.   Financial Statements and Exhibits.

          (a)    Financial statements of businesses acquired.

                 Not applicable.

          (b)    Pro forma financial information.

                 Not applicable.



                                        2
<PAGE>
 
          (c)    Exhibits.

                 The following is filed herewith. The exhibit numbers correspond
                 with Item 601(b) of Regulation S-K.



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

                     99.1        Computational Materials dated February 24, 1999
                                 distributed by Chase Securities Inc. in
                                 connection with $1,200,000,000 (approximate)
                                 Certificates for Home Equity Loans, Series
                                 1999-A, issued by Green Tree Financial
                                 Corporation, as Seller and Servicer.






                                        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.

                                         GREEN TREE FINANCIAL CORPORATION



                                         By: /s/ Scott T. Young
                                            ------------------------------------
                                            Scott T. Young
                                            Senior Vice President and Controller







                                        4
<PAGE>
 
                                INDEX TO EXHIBITS




Exhibit Number                                                             Page
- --------------                                                             ----

     99.1         Computational Materials dated February 24, 1999
                  distributed by Chase Securities Inc. in connection
                  with $1,200,000,000 (approximate) Certificates
                  for Home Equity Loans, Series 1999-A, issued by
                  Green Tree Financial Corporation, as Seller and
                  Servicer.







                                        5

<PAGE>
 
                       Green Tree Financial Corporation

               Certificate for Home Equity Loans, Series 1999-A

                         $1,200,000,000 (Approximate)
                              Subject to Revision

                               February 24, 1999


The analysis in this report is based on certain information provided by the
Seller. Chase Securities Inc. ("CSI") makes no representations as to the
accuracy or completeness of the information contained herein. The information
contained herein is qualified in its entirety by the information in the
Prospectus and Prospectus Supplement for this transaction. The information
contained herein is preliminary as of the date hereof, supersedes any previous
information delivered to you by CSI and will be superseded by the applicable
final Prospectus and Prospectus Supplement and any other information
subsequently filed with the Securities and Exchange Commission. These materials
are subject to change, completion, or amendment from time to time without
notice, and CSI is under no obligation to keep you advised of such changes.
These materials are not intended as an offer or solicitation with respect to the
purchase or sale of any security. Any investment decision with respect to the
securities should be made by you based upon the information contained in the
final Prospectus Supplement and Prospectus relating to the securities. You
should consult your own counsel, accountant, and other advisors as to the legal,
tax, business, financial and related aspects of a purchase of these securities.

THIS INFORMATION IS FURNISHED TO YOU SOLELY BY CSI AND NOT BY THE ISSUER OF THE
SECURITIES OR ANY OF ITS AFFILIATES. CSI IS ACTING AS UNDERWRITER AND NOT ACTING
AS AGENT FOR THE ISSUER OR ITS AFFILIATES IN CONNECTION WITH THE PROPOSED
TRANSACTION.

<PAGE>
 

Yields Given Prices Report                            GT99APRC 30 year 9.2's

           Bond: A2    Balance: 135,000,000    Coupon: 5.78000

Delay:   0  Class Factor:  1.00    Accruing Since:  3/15/1999
Settlement Date: 3/18/1999  ABS 30 year  WAC: 10.83  WAM: 302.59  
                                                           Pricing Speed: 30 CPR

   MONTHS         RAMP1
                      1
               Pricing Speed
             125% Prepay Model

    99- 0          6.397   
    99- 1          6.380   
    99- 2          6.363   
    99- 3          6.346   
    99- 4          6.329   
    99- 5          6.311   
                           
    99- 6          6.294   
    99- 7          6.277   
    99- 8          6.260   
    99- 9          6.243   
    99-10          6.226   
    99-11          6.208   
                           
    99-12          6.191   
    99-13          6.174   
    99-14          6.157   
    99-15          6.140   
    99-16          6.123   
    99-17          6.106   
                           
    99-18          6.089   
    99-19          6.072   
    99-20          6.055   
    99-21          6.037   
    99-22          6.020   
    99-23          6.003   
                           
AVG LIFE           2.001   
DURATION           1.839   
FIRST PAY          10/00   
LAST PAY            8/01   

                                 -------------

         THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DO NOT 
                RECEIVE SUCH A DISCLAIMER, PLEASE CONTACT YOUR 
           CHASE SECURITIES INC. SALES REPRESENTATIVES IMMEDIATELY.

<PAGE>
 

Yields Given Prices Report                            GT99APRC 30 year 9.2's

           Bond: A2    Balance: 135,000,000    Coupon: 5.78000

Delay:   0  Class Factor:  1.00    Accruing Since:  3/15/1999
Settlement Date: 3/18/1999  ABS 30 year  WAC: 10.83  WAM: 302.59  
                                                           Pricing Speed: 30 CPR

   MONTHS          RAMP1
                       1
            


    99-24         5.986   
    99-25         5.969   
    99-26         5.952   
    99-27         5.935   
    99-28         5.918   
    99-29         5.901   
                           
    99-30         5.884   
    99-31         5.867   
  *100- 0         5.850
   100- 1         5.833
   100- 2         5.816
   100- 3         5.799

   100- 4         5.782
   100- 5         5.765
   100- 6         5.748
   100- 7         5.731
   100- 8         5.714
   100- 9         5.697

   100-10         5.681
   100-11         5.664
   100-12         5.647
   100-13         5.630
   100-14         5.613
   100-15         5.596
                      
AVG LIFE          2.001   
DURATION          1.839   
FIRST PAY         10/00   
LAST PAY           8/01   


                                 -------------

         THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DO NOT 
                RECEIVE SUCH A DISCLAIMER, PLEASE CONTACT YOUR 
           CHASE SECURITIES INC. SALES REPRESENTATIVES IMMEDIATELY.

<PAGE>
 

Yields Given Prices Report                            GT99APRC 30 year 9.2's

           Bond: A2    Balance: 135,000,000    Coupon: 5.78000

Delay:   0  Class Factor:  1.00    Accruing Since:  3/15/1999
Settlement Date: 3/18/1999  ABS 30 year  WAC: 10.83  WAM: 302.59  
                                                           Pricing Speed: 30 CPR

   MONTHS          RAMP1
                       1



   100-16         5.579
   100-17         5.562
   100-18         5.545
   100-19         5.529
   100-20         5.512
   100-21         5.495

   100-22         5.478
   100-23         5.461
   100-24         5.444
   100-25         5.427
   100-26         5.411
   100-27         5.394

   100-28         5.377
   100-29         5.360
   100-30         5.343
   100-31         5.327
   101- 0         5.310

AVG LIFE          2.001   
DURATION          1.839   
FIRST PAY         10/00   
LAST PAY           8/01   

                                 -------------

         THIS PAGE MUST BE ACCOMPANIED BY A DISCLAIMER. IF YOU DO NOT 
                RECEIVE SUCH A DISCLAIMER, PLEASE CONTACT YOUR 
           CHASE SECURITIES INC. SALES REPRESENTATIVES IMMEDIATELY.



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