<PAGE> 
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                                       CHASE MORTGAGE FINANCE CORPORATION
                                         MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S1
                                                        STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION DATE:  25-Sep-98                                                                                  PAGE # 1
RECORD DATE:        31-Aug-98



------------------------------------------------------------------------------------------------------------------------------------
           ORIGINAL        BEGINNING                                                                         COMPENSATING  ENDING
         CERTIFICATE      CERTIFICATE      PRINCIPAL       INTEREST          TOTAL           REALIZED LOSS     INTEREST  CERTIFICATE
 CLASS     BALANCE          BALANCE       DISTRIBUTION   DISTRIBUTION    DISTRIBUTION    PRINCIPAL  INTEREST  SHORTFALLS   BALANCE
------------------------------------------------------------------------------------------------------------------------------------
<S>   <C>              <C>               <C>           <C>             <C>             <C>     <C>         <C>      <C>        
  A-1    156,000,000.00   151,025,954.45   1,132,495.67      849,520.99    1,982,016.66    0.00        0.00     0.00  149,893,458.78
  A-2    100,000,000.00    97,287,589.47     617,564.35      547,242.69    1,164,807.04    0.00        0.00     0.00   96,670,025.12
  A-3     50,000,000.00    48,708,377.26     294,077.95      273,984.62      568,062.57    0.00        0.00     0.00   48,414,299.31
  A-4     22,100,000.00    22,100,000.00           0.00      124,312.50      124,312.50    0.00        0.00     0.00   22,100,000.00
  A-5     14,058,975.00    14,058,975.00           0.00       75,548.71       75,548.71    0.00        0.00     0.00   14,058,975.00
  A-6      4,686,325.00     4,686,325.00           0.00       29,893.60       29,893.60    0.00        0.00     0.00    4,686,325.00
  A-7     40,500,000.00    40,500,000.00           0.00      227,812.50      227,812.50    0.00        0.00     0.00   40,500,000.00
  A-P        451,538.00       450,105.71         543.55            0.00          543.55    0.00        0.00     0.00      449,562.16
  A-R            100.86             0.00           0.00            0.00            0.00    0.00        0.00     0.00            0.00
   M       8,707,712.00     8,687,416.21       6,870.05       48,866.72       55,736.77    0.00        0.00     0.00    8,680,546.16
  B-1      3,442,584.00     3,434,560.04       2,716.07       19,319.40       22,035.47    0.00        0.00     0.00    3,431,843.97
  B-2      1,822,544.00     1,818,296.12       1,437.89       10,227.92       11,665.81    0.00        0.00     0.00    1,816,858.23
  B-3      1,417,534.00     1,414,230.14       1,118.34        7,955.04        9,073.38    0.00        0.00     0.00    1,413,111.80
  B-4        810,019.00       808,130.96         639.09        4,545.74        5,184.83    0.00        0.00     0.00      807,491.87
  B-5      1,012,573.33     1,010,213.09         798.93        5,682.45        6,481.38    0.00        0.00     0.00    1,009,414.16
------------------------------------------------------------------------------------------------------------------------------------
 TOTAL   405,009,905.19   395,990,173.45   2,058,261.89    2,224,912.88    4,283,174.77    0.00        0.00     0.00  393,931,911.56
------------------------------------------------------------------------------------------------------------------------------------



------------------------------------------------------------------------------------------
             ORIGINAL        BEGINNING                                        ENDING
             NOTIONAL         NOTIONAL        INTEREST         TOTAL         NOTIONAL
 CLASS       BALANCE          BALANCE       DISTRIBUTION   DISTRIBUTION       BALANCE
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
  A-X      377,526,002.16   368,591,685.56     146,456.02      146,456.02  366,568,223.66
------------------------------------------------------------------------------------------



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

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


         FACTOR INFORMATION PER $1,000                                                        PASS THRU RATES


            PRINCIPAL         INTEREST        END. CERT.                                               PASS-THRU
 CLASS     DISTRIBUTION     DISTRIBUTION      BALANCE                                        CLASS       RATE

----------------------------------------------------------                                ------------------------
<S>       <C>             <C>              <C>                                           <C>         <C>  
  A-1          7.25958763       5.44564737   960.85550500                                     A-1     6.75000000%
  A-2          6.17564350       5.47242690   966.70025120                                     A-2     6.75000000%
  A-3          5.88155900       5.47969240   968.28598620                                     A-3     6.75000000%
  A-4          0.00000000       5.62500000  1000.00000000                                     A-4     6.75000000%
  A-5          0.00000000       5.37369972  1000.00000000                                     A-5     6.45625000%
  A-6          0.00000000       6.37890031  1000.00000000                                     A-6     7.63125000%
  A-7          0.00000000       5.62500000  1000.00000000                                     A-7     6.75000000%
  A-P          1.20377465              N/A   995.62419996                                     A-P             N/A
  A-R          0.00000000       0.00000000     0.00000000                                     A-R     6.75000000%
  A-X                 N/A       0.38793625   970.97477144                                     A-X     0.47680746%
   M           0.78896155       5.61188978   996.88025511                                      M      6.75000000%
  B-1          0.78896259       5.61188921   996.88024170                                     B-1     6.75000000%
  B-2          0.78894666       5.61189195   996.88031126                                     B-2     6.75000000%
  B-3          0.78893346       5.61188656   996.88035701                                     B-3     6.75000000%
  B-4          0.78898149       5.61189305   996.88015960                                     B-4     6.75000000%
  B-5          0.78900952       5.61188986   996.88005806                                     B-5     6.75000000%
----------------------------------------------------------                                ------------------------

------------------------------------------------------------------------------------------------------------------------------------
                                                 CHASE MORTGAGE FINANCE CORPORATION
                                   MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S1
                                                   STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
             DISTRIBUTION DATE:        25-Sep-98                                                                        PAGE # 2
                   RECORD DATE:        31-Aug-98




       <S>                                                                                                 <C>                      
        SECTION 6.02 (iii)      AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                             1,745,057.65
                                AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                      0.00


        SECTION 6.02 (iv)       AGGREGATE SERVICER ADVANCES                                                          26,587.31


        SECTION 6.02 (iv)       NUMBER OF OUTSTANDING MORTGAGE LOANS                                                  1,389
                                ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                           393,931,911.56


        SECTION 6.02 (vi)       SERVICING FEES                                                                      102,627.37


        SECTION 6.02 (vii)      NUMBER AND AGGREGATE PRINCIPAL BALANCES OF DELINQUENT MORTGAGE LOANS:

                                --------------------------------------------------------------
                                    CATEGORY         COUNT             AGG. PRIN. BAL.
                                --------------------------------------------------------------
                                    1 MONTH            2                           573,403.43
                                    2 MONTHS           2                           217,506.90
                                   3+ MONTHS           1                           517,529.02
                                  FORECLOSURE          0                                 0.00
                                --------------------------------------------------------------


        SECTION 6.02 (viii)     MORTGAGE LOANS ACQUIRED THROUGH FORECLOSURE

                                                 ---------------------------------------------
                                                     COUNT             AGG. PRIN. BAL.
                                                 ---------------------------------------------
                                                       0                                 0.00
                                                 ---------------------------------------------


        SECTION 6.02 (ix)       AGGREGATE AMOUNT OF ALL ADVANCES RECOVERED DURING THE RELATED                             0.00
                                DUE PERIOD


                                --------------------------------------------------------------
        SECTION 6.02 (x)             CLASS         PERCENTAGE         PRINCIPAL BALANCE
                                -----------------               ------------------------------
                                --------------------------------------------------------------
                                    CLASS A          95.66%                    378,817,326.89
                                    CLASS M          2.19%                       8,687,416.21
                                    CLASS B          2.14%                       8,485,430.35
                                --------------------------------------------------------------

                                NON-PO CLASS A PERCENTAGE                                                                95.66%
                                NON-PO CLASS A PREPAYMENT PERCENTAGE                                                    100.00%

                                CREDIT SUPPORT LEVEL

                                                 ---------------------------------------------
                                                     CLASS             CREDIT SUPPORT
                                                 ---------------------------------------------
                                                                ------------------------------
                                                       M                    2.14%
                                                      B-1                   1.28%
                                                      B-2                   0.82%
                                                      B-3                   0.46%
                                                      B-4                   0.26%
                                                 ---------------------------------------------



        SECTION 6.02 (xi)       CURRENT AGGREGATE AMOUNT OF REALIZED LOSSES                                               0.00
                                CUMULATIVE AGGREGATE AMOUNT REALIZED LOSSES                                               0.00



                                                                                       (C) COPYRIGHT 1996, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------








------------------------------------------------------------------------------------------------------------------------------------
                                                      CHASE MORTGAGE FINANCE CORPORATION
                                        MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S2
                                                       STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------


         DISTRIBUTION DATE:      25-Sep-98                                                                               PAGE # 1
             RECORD DATE:        31-Aug-98

------------------------------------------------------------------------------------------------------------------------------------
          ORIGINAL        BEGINNING                                                                        COMPENSATING      ENDING
        CERTIFICATE      CERTIFICATE      PRINCIPAL      INTEREST         TOTAL          REALIZED LOSS      INTEREST     CERTIFICATE
 CLASS    BALANCE          BALANCE       DISTRIBUTION  DISTRIBUTION   DISTRIBUTION    PRINCIPAL  INTEREST   SHORTFALLS      BALANCE
------------------------------------------------------------------------------------------------------------------------------------
<S>     <C>             <C>             <C>             <C>          <C>             <C>    <C>        <C>         <C> 
  A-1     70,900,000.00    70,900,000.00           0.00    384,041.67      384,041.67   0.00       0.00        0.00    70,900,000.00
  A-2     42,347,000.00    42,347,000.00           0.00    229,379.58      229,379.58   0.00       0.00        0.00    42,347,000.00
  A-3     59,497,000.00    59,497,000.00           0.00    327,233.50      327,233.50   0.00       0.00        0.00    59,497,000.00
  A-5     46,300,000.00    45,849,874.09     271,915.34    267,457.60      539,372.94   0.00       0.00        0.00    45,577,958.75
A-6 CP1   13,800,000.00    13,665,837.19      81,046.05     79,717.38      160,763.43   0.00       0.00        0.00    13,584,791.14
A-6 CP2   21,900,000.00    21,632,091.10     205,709.34    126,187.20      331,896.54   0.00       0.00        0.00    21,426,381.76
  A-7      7,000,000.00     5,498,181.58   1,967,549.13          0.00    1,967,549.13   0.00       0.00        0.00     3,562,705.18
  A-8        500,000.00       505,850.35           0.00          0.00            0.00   0.00       0.00        0.00       508,801.14
  A-9    127,600,000.00   126,474,953.96     666,250.74    737,770.56    1,404,021.30   0.00       0.00        0.00   125,808,703.22
  A-10    15,600,000.00    12,642,328.16   3,683,001.71          0.00    3,683,001.71   0.00       0.00        0.00     9,033,073.36
  A-11     7,599,000.00     7,687,913.58           0.00          0.00            0.00   0.00       0.00        0.00     7,732,759.74
  A-12       985,000.00       996,525.18           0.00          0.00            0.00   0.00       0.00        0.00     1,002,338.24
  A-13     8,937,320.00     8,702,854.56     248,747.12           N/A      248,747.12   0.00       0.00        0.00     8,454,107.44
  A-14    84,278,300.00    84,278,300.00           0.00    474,065.44      474,065.44   0.00       0.00        0.00    84,278,300.00
  A-P        237,974.00       237,533.45         221.01           N/A          221.01   0.00       0.00        0.00       237,312.44
  A-R            100.95             0.00           0.00          0.00            0.00   0.00       0.00        0.00             0.00
   M      11,396,000.00    11,378,638.03       8,824.45     64,004.84       72,829.29   0.00       0.00        0.00    11,369,813.58
  B-1      4,505,000.00     4,498,136.57       3,488.43     25,302.02       28,790.45   0.00       0.00        0.00     4,494,648.14
  B-2      2,385,000.00     2,381,366.42       1,846.81     13,395.19       15,242.00   0.00       0.00        0.00     2,379,519.61
  B-3      1,855,000.00     1,852,173.88       1,436.41     10,418.48       11,854.89   0.00       0.00        0.00     1,850,737.47
  B-4      1,061,000.00     1,059,383.55         821.58      5,959.03        6,780.61   0.00       0.00        0.00     1,058,561.97
  B-5      1,325,030.44     1,323,011.73       1,026.03      7,441.94        8,467.97   0.00       0.00        0.00     1,321,985.70
------------------------------------------------------------------------------------------------------------------------------------
 TOTAL   530,008,725.39   523,408,953.38   7,141,884.15  2,752,374.43    9,894,258.58   0.00       0.00        0.00   516,426,498.88
------------------------------------------------------------------------------------------------------------------------------------

----------------------------------------------------------------------------------------
             ORIGINAL        BEGINNING                                      ENDING
             NOTIONAL         NOTIONAL        INTEREST        TOTAL        NOTIONAL
 CLASS       BALANCE          BALANCE       DISTRIBUTION  DISTRIBUTION      BALANCE
----------------------------------------------------------------------------------------
  A-4        5,516,488.89     5,516,488.89      31,030.25     31,030.25    5,516,488.89
  A-X      511,626,605.16   505,061,610.13     197,328.54    197,328.54  498,095,543.33
----------------------------------------------------------------------------------------

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

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

         FACTOR INFORMATION PER $1,000                                                      PASS THRU RATES

            PRINCIPAL         INTEREST       END. CERT.                                           PASS-THRU
 CLASS     DISTRIBUTION     DISTRIBUTION      BALANCE                                   CLASS       RATE

----------------------------------------------------------                              ------------------------
<S>        <C>            <C>             <C>                                        <C>       <C>        
A-1            0.00000000       5.41666671  1000.00000000                               A-1         6.50000000%
A-2            0.00000000       5.41666659  1000.00000000                               A-2         6.50000000%
A-3            0.00000000       5.50000000  1000.00000000                               A-3         6.60000000%
A-4                   N/A       5.62500000  1000.00000000                               A-4         6.75000000%
A-5            5.87290151       5.77662203   984.40515659                               A-5         7.00000000%
A-6 CP1        5.87290217       5.77662174   984.40515507                               A-6 CP1     7.00000000%
A-6 CP2        9.39312055       5.76197260   978.37359635                               A-6 CP2     7.00000000%
A-7          281.07844714       0.00000000   508.95788286                               A-7         7.00000000%
A-8            0.00000000       0.00000000  1017.60228000                               A-8         7.00000000%
A-9            5.22140078       5.78190094   985.96162398                               A-9         7.00000000%
A-10         236.08985321       0.00000000   579.04316410                               A-10        7.00000000%
A-11           0.00000000       0.00000000  1017.60228188                               A-11        7.00000000%
A-12           0.00000000       0.00000000  1017.60227411                               A-12        7.00000000%
A-13          27.83240614              N/A   945.93317012                               A-13                N/A
A-14           0.00000000       5.62500003  1000.00000000                               A-14        6.75000000%
A-P            0.92871490              N/A   997.22003244                               A-P                 N/A
A-R            0.00000000       0.00000000     0.00000000                               A-R         6.75000000%
A-X                   N/A       0.38568858   973.55285731                               A-X         0.46883000%
M              0.77434626       5.61643033   997.70213935                               M           6.75000000%
B-1            0.77434628       5.61643063   997.70213984                               B-1         6.75000000%
B-2            0.77434382       5.61643187   997.70214256                               B-2         6.75000000%
B-3            0.77434501       5.61643127   997.70214016                               B-3         6.75000000%
B-4            0.77434496       5.61642790   997.70213949                               B-4         6.75000000%
B-5            0.77434447       5.61642946   997.70213581                               B-5         6.75000000%
----------------------------------------------------------                              ------------------------


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

------------------------------------------------------------------------------------------------------------------------------------
                                                      CHASE MORTGAGE FINANCE CORPORATION
                                        MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S2
                                                        STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------


     DISTRIBUTION DATE:         25-Sep-98                                                                        PAGE # 2
           RECORD DATE:         31-Aug-98




<S>                   <C>                                                                           <C>         
SECTION 6.02 (iii)      AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                              6,576,517.22
                        AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                       0.00


SECTION 6.02 (iv)       AGGREGATE SERVICER ADVANCES                                                                0.00


SECTION 6.02 (iv)       NUMBER OF OUTSTANDING MORTGAGE LOANS                                                   1,735
                        ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                            516,426,498.88


SECTION 6.02 (vi)       SERVICING FEES                                                                       134,559.63


SECTION 6.02 (vii)      NUMBER AND AGGREGATE PRINCIPAL BALANCES OF DELINQUENT MORTGAGE LOANS:

                        --------------------------------------------------------------
                            CATEGORY          COUNT            AGG. PRIN. BAL.
                        --------------------------------------------------------------
                             1 MONTH            1                          307,508.86
                            2 MONTHS            0                                0.00
                            3+ MONTHS           0                                0.00
                           FORECLOSURE          0                                0.00
                        --------------------------------------------------------------


SECTION 6.02 (viii)     MORTGAGE LOANS ACQUIRED THROUGH FORECLOSURE

                                          --------------------------------------------
                                              COUNT            AGG. PRIN. BAL.
                                          --------------------------------------------
                                                0                                0.00
                                          --------------------------------------------


SECTION 6.02 (ix)       AGGREGATE AMOUNT OF ALL ADVANCES RECOVERED DURING THE RELATED                              0.00
                        DUE PERIOD


                        --------------------------------------------------------------
SECTION 6.02 (x)              CLASS        PERCENTAGE         PRINCIPAL BALANCE
                        ------------------              ------------------------------
                        --------------------------------------------------------------
                             CLASS A         95.70%                    500,916,243.20
                             CLASS M          2.17%                     11,378,638.03
                             CLASS B          2.12%                     11,114,072.15
                        --------------------------------------------------------------

                        NON-PO CLASS A PERCENTAGE                                                                 95.70070%
                        NON-PO CLASS A PREPAYMENT PERCENTAGE                                                     100.00000%

                        CREDIT SUPPORT LEVEL

                                          --------------------------------------------
                                              CLASS            CREDIT SUPPORT
                                          --------------------------------------------
                                                        ------------------------------
                                                M                   2.12%
                                               B-1                  1.26%
                                               B-2                  0.81%
                                               B-3                  0.46%
                                               B-4                  0.25%
                                          --------------------------------------------



SECTION 6.02 (xi)       CURRENT AGGREGATE AMOUNT OF REALIZED LOSSES                                                0.00
                        CUMULATIVE AGGREGATE AMOUNT REALIZED LOSSES                                                0.00










                                                                                      (C) COPYRIGHT 1996, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------

<PAGE>
------------------------------------------------------------------------------------------------------------------------------------
                                                                                 CHASE MORTGAGE FINANCE CORPORATION
                                                                   MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S3
                                                                                  STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------


                DISTRIBUTION DATE:              25-Sep-98                                                                   PAGE # 1
                      RECORD DATE:              31-Aug-98



------------------------------------------------------------------------------------------------------------------------------------
          ORIGINAL        BEGINNING                                                                       COMPENSATING     ENDING
        CERTIFICATE      CERTIFICATE      PRINCIPAL      INTEREST       TOTAL           REALIZED LOSS      INTEREST     CERTIFICATE
CLASS     BALANCE          BALANCE       DISTRIBUTION  DISTRIBUTION  DISTRIBUTION   PRINCIPAL   INTEREST  SHORTFALLS      BALANCE
------------------------------------------------------------------------------------------------------------------------------------
<S>   <C>             <C>             <C>         <C>            <C>           <C>        <C>          <C>        <C>          
 A-1    61,642,000.00   60,668,027.82   336,597.44     328,618.48    665,215.92      0.00         0.00      0.00      60,331,430.38
 A-2     7,000,000.00    7,000,000.00         0.00      37,916.67     37,916.67      0.00         0.00      0.00       7,000,000.00
 A-3    94,261,000.00   92,923,515.80   462,224.45     503,335.71    965,560.16      0.00         0.00      0.00      92,461,291.35
 A-4    11,300,000.00   11,300,000.00         0.00      61,208.33     61,208.33      0.00         0.00      0.00      11,300,000.00
 A-5    44,896,000.00   44,603,190.44   147,868.03     241,600.61    389,468.64      0.00         0.00      0.00      44,455,322.41
 A-P       551,754.00      547,797.46     2,142.53            N/A      2,142.53      0.00         0.00      0.00         545,654.93
 A-R           100.36            0.00         0.00           0.00          0.00      0.00         0.00      0.00               0.00
  M      2,475,575.00    2,459,429.42     8,153.48      13,321.91     21,475.39      0.00         0.00      0.00       2,451,275.94
 B-1       787,683.00      782,545.78     2,594.29       4,238.79      6,833.08      0.00         0.00      0.00         779,951.49
 B-2       675,156.00      670,752.66     2,223.67       3,633.24      5,856.91      0.00         0.00      0.00         668,528.99
 B-3       675,156.00      670,752.66     2,223.67       3,633.24      5,856.91      0.00         0.00      0.00         668,528.99
 B-4       337,578.00      335,376.34     1,111.84       1,816.62      2,928.46      0.00         0.00      0.00         334,264.50
 B-5       450,295.59      447,358.78     1,483.08       2,423.19      3,906.27      0.00         0.00      0.00         445,875.70
------------------------------------------------------------------------------------------------------------------------------------
TOTAL  225,052,297.95  222,408,747.16   966,622.48   1,201,746.79  2,168,369.27      0.00         0.00      0.00     221,442,124.68
------------------------------------------------------------------------------------------------------------------------------------



--------------------------------------------------------------------------------------------------------------------------
                   ORIGINAL              BEGINNING                                                          ENDING
                   NOTIONAL               NOTIONAL              INTEREST               TOTAL               NOTIONAL
   CLASS           BALANCE                BALANCE             DISTRIBUTION         DISTRIBUTION            BALANCE
--------------------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------------
    A-X       198,278,988.72         195,838,962.27            62,150.25             62,150.25       194,987,749.95
--------------------------------------------------------------------------------------------------------------------------

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


            FACTOR INFORMATION PER $1,000                                                         PASS THRU RATES


                  PRINCIPAL               INTEREST             END. CERT.                                    PASS-THRU
   CLASS         DISTRIBUTION           DISTRIBUTION            BALANCE                       CLASS             RATE

-------------------------------------------------------------------------------          ----------------------------------
  <S>            <C>                   <C>                <C>                           <C>             <C> 
    A-1            5.46052107             5.33108076         978.73901528                 A-1             6.50000000%
    A-2            0.00000000             5.41666714        1000.00000000                 A-2             6.50000000%
    A-3            4.90366589             5.33980872         980.90717635                 A-3             6.50000000%
    A-4            0.00000000             5.41666637        1000.00000000                 A-4             6.50000000%
    A-5            3.29356802             5.38133932         990.18447991                 A-5             6.50000000%
    A-P            3.88312545                    N/A         988.94603392                 A-P                     N/A
    A-R            0.00000000             0.00000000           0.00000000                 A-R             6.50000000%
    A-X                   N/A             0.31344849         983.40097057                 A-X             0.38082000%
     M             3.29357018             5.38133969         990.18447835                  M              6.50000000%
    B-1            3.29357114             5.38133996         990.18449046                 B-1             6.50000000%
    B-2            3.29356475             5.38133409         990.18447588                 B-2             6.50000000%
    B-3            3.29356475             5.38133409         990.18447588                 B-3             6.50000000%
    B-4            3.29357956             5.38133409         990.18449070                 B-4             6.50000000%
    B-5            3.29356990             5.38133185         990.18446972                 B-5             6.50000000%
-------------------------------------------------------------------------------          ----------------------------------



------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
                                                                          CHASE MORTGAGE FINANCE CORPORATION
                                                            MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S3
                                                                           STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
            DISTRIBUTION DATE:                 25-Sep-98                                                                    PAGE # 2
            RECORD DATE:                       31-Aug-98




<S>                                                                                                            <C>                  
 SECTION 6.02 (iii)   AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                                              229,235.26
                      AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                                     0.00


 SECTION 6.02 (iv)    AGGREGATE SERVICER ADVANCES                                                                          9,445.88


 SECTION 6.02 (v)     NUMBER OF OUTSTANDING MORTGAGE LOANS                                                                   783
                      ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                                          221,442,124.68


 SECTION 6.02 (vi)    SERVICING FEES                                                                                      58,753.04


 SECTION 6.02 (vii)   NUMBER AND AGGREGATE PRINCIPAL BALANCES OF DELINQUENT MORTGAGE LOANS:

                      -------------------------------------------------------------------------------------
                             CATEGORY                COUNT                    AGG. PRIN. BAL.
                      -------------------------------------------------------------------------------------
                              1 MONTH                  0                                              0.00
                             2 MONTHS                  1                                        325,219.98
                             3+ MONTHS                 0                                              0.00
                            FORECLOSURE                0                                              0.00
                      -------------------------------------------------------------------------------------


 SECTION 6.02 (viii)  MORTGAGE LOANS ACQUIRED THROUGH FORECLOSURE

                                              -------------------------------------------------------------
                                                     COUNT                    AGG. PRIN. BAL.
                                              -------------------------------------------------------------
                                                       0                                              0.00
                                              -------------------------------------------------------------


 SECTION 6.02 (ix)    AGGREGATE AMOUNT OF ALL ADVANCES RECOVERED DURING THE RELATED                                            0.00
                      DUE PERIOD


                      -------------------------------------------------------------------------------------
 SECTION 6.02 (x)              CLASS              PERCENTAGE                 PRINCIPAL BALANCE
                      ------------------------                    -----------------------------------------
                      -------------------------------------------------------------------------------------
                              CLASS A               97.59%                                  217,042,531.52
                              CLASS M                1.11%                                    2,459,429.42
                              CLASS B                1.31%                                    2,906,786.22
                      -------------------------------------------------------------------------------------

                      NON-PO CLASS A PERCENTAGE                                                                               97.58%
                      NON-PO CLASS A PREPAYMENT PERCENTAGE                                                                   100.00%

                      CREDIT SUPPORT LEVEL

                                              -------------------------------------------------------------
                                                     CLASS                     CREDIT SUPPORT
                                              ------------------------------------------------------------
                                                       M                           1.31%
                                                      B-1                          0.96%
                                                      B-2                          0.65%
                                                      B-3                          0.35%
                                                      B-4                          0.20%
                                              -------------------------------------------------------------



 SECTION 6.02 (xi)    CURRENT AGGREGATE AMOUNT OF REALIZED LOSSES                                                              0.00
                      CUMULATIVE AGGREGATE AMOUNT REALIZED LOSSES                                                              0.00






                                                                  (C) COPYRIGHT 1996, THE CHASE MANHATTAN BANK
---------------------------------------------------------------------------------------------------------------
<PAGE>
------------------------------------------------------------------------------------------------------------------------------------
                                                           CHASE MORTGAGE FINANCE CORPORATION
                                             MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S4
                                                            STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------


                         DISTRIBUTION DATE:                25-Sep-98                                                        PAGE # 1
                               RECORD DATE:                31-Aug-98

------------------------------------------------------------------------------------------------------------------------------------
              ORIGINAL       BEGINNING                                                                    COMPENSATING      ENDING
            CERTIFICATE     CERTIFICATE     PRINCIPAL      INTEREST         TOTAL        REALIZED LOSS      INTEREST    CERTIFICATE
  CLASS       BALANCE         BALANCE      DISTRIBUTION   DISTRIBUTION   DISTRIBUTION  PRINCIPAL  INTEREST  SHORTFALLS    BALANCE
------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>              <C>            <C>            <C>            <C>           <C>         <C>        <C>      <C>     
   A-1      25,000,000.00   25,000,000.00          0.00    136,458.33     136,458.33    0.00       0.00       0.00     25,000,000.00
   A-2      25,850,000.00   25,850,000.00          0.00    140,020.83     140,020.83    0.00       0.00       0.00     25,850,000.00
   A-3      66,951,000.00   66,951,000.00          0.00    365,440.88     365,440.88    0.00       0.00       0.00     66,951,000.00
   A-4      61,548,000.00   61,548,000.00          0.00    335,949.50     335,949.50    0.00       0.00       0.00     61,548,000.00
   A-6       8,590,000.00    8,550,782.86     45,080.04     57,005.22     102,085.26    0.00       0.00       0.00      8,505,702.82
   A-7      79,810,000.00   79,445,632.17    418,840.29    460,122.62     878,962.91    0.00       0.00       0.00     79,026,791.88
   A-8      15,000,000.00   14,931,518.39     78,719.51     87,100.52     165,820.03    0.00       0.00       0.00     14,852,798.88
   A-9      46,000,000.00   45,789,989.72    241,406.51    263,292.44     504,698.95    0.00       0.00       0.00     45,548,583.21
 A-10 CP1   31,500,000.00   31,346,754.83    220,160.70    184,162.18     404,322.88    0.00       0.00       0.00     31,126,594.13
 A-10 CP2    8,500,000.00    8,461,193.75     44,607.72     49,709.51      94,317.23    0.00       0.00       0.00      8,416,586.03
 A-11 CP1   31,500,000.00   31,346,754.83    220,160.70    181,549.96     401,710.66    0.00       0.00       0.00     31,126,594.13
 A-11 CP2    8,500,000.00    8,461,193.75     44,607.71     49,004.41      93,612.12    0.00       0.00       0.00      8,416,586.04
   A-12     19,409,000.00   14,191,453.80  2,157,631.02          0.00   2,157,631.02    0.00       0.00       0.00     12,116,606.26
   A-13      1,350,000.00    1,357,875.00          0.00          0.00           0.00    0.00       0.00       0.00      1,365,795.94
   A-14      9,265,280.00    9,032,837.77    125,205.85           N/A     125,205.85    0.00       0.00       0.00      8,907,631.92
   A-15     87,450,000.00   87,450,000.00          0.00    491,906.25     491,906.25    0.00       0.00       0.00     87,450,000.00
   A-P         403,517.00      403,176.85        384.04           N/A         384.04    0.00       0.00       0.00        402,792.81
   A-R             100.11            0.00          0.00          0.00           0.00    0.00       0.00       0.00              0.00
    M       11,825,000.00   11,816,018.83      9,035.86     66,465.11      75,500.97    0.00       0.00       0.00     11,806,982.97
   B-1       4,675,000.00    4,671,449.30      3,572.32     26,276.90      29,849.22    0.00       0.00       0.00      4,667,876.98
   B-2       2,475,000.00    2,473,120.22      1,891.23     13,911.30      15,802.53    0.00       0.00       0.00      2,471,228.99
   B-3       1,925,000.00    1,923,537.95      1,470.95     10,819.90      12,290.85    0.00       0.00       0.00      1,922,067.00
   B-4       1,100,000.00    1,099,164.54        840.55      6,182.80       7,023.35    0.00       0.00       0.00      1,098,323.99
   B-5       1,375,121.80    1,374,077.39      1,050.76      7,729.19       8,779.95    0.00       0.00       0.00      1,373,026.63
------------------------------------------------------------------------------------------------------------------------------------
  TOTAL    550,002,018.91  543,475,531.95  3,614,665.76  2,933,107.85   6,547,773.61    0.00       0.00       0.00    539,951,570.61
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                      ORIGINAL                BEGINNING                                                                    ENDING
                      NOTIONAL                 NOTIONAL                 INTEREST                  TOTAL                   NOTIONAL
 CLASS                BALANCE                  BALANCE                DISTRIBUTION             DISTRIBUTION               BALANCE
------------------------------------------------------------------------------------------------------------------------------------
  A-5              5,505,525.93             5,505,525.93                30,968.58                30,968.58             5,505,525.93
  A-X            523,531,639.82           517,027,263.34               193,188.57               193,188.57           513,529,551.93
------------------------------------------------------------------------------------------------------------------------------------

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

                   FACTOR INFORMATION PER $1,000                                                                    PASS THRU RATES

                    PRINCIPAL                 INTEREST                END. CERT.                                     PASS-THRU
      CLASS        DISTRIBUTION             DISTRIBUTION               BALANCE                       CLASS              RATE

----------------------------------------------------------------------------------------------     ---------------------------------
<S>               <C>                      <C>                   <C>                                <C>        <C>        
A-1                0.00000000               5.45833320            1000.00000000                       A-1          6.55000000%
A-2                0.00000000               5.41666654            1000.00000000                       A-2          6.50000000%
A-3                0.00000000               5.45833341            1000.00000000                       A-3          6.55000000%
A-4                0.00000000               5.45833333            1000.00000000                       A-4          6.55000000%
A-5                       N/A               5.62499939            1000.00000000                       A-5          6.75000000%
A-6                5.24796740               6.63623050             990.18659139                       A-6          8.00000000%
A-7                5.24796755               5.76522516             990.18659166                       A-7          6.95000000%
A-8                5.24796733               5.80670133             990.18659200                       A-8          7.00000000%
A-9                5.24796761               5.72374870             990.18659152                       A-9          6.90000000%
A-10 CP1           5.24796761               5.72374870             990.18659152                       A-10 CP1     7.05000000%
A-10 CP2           5.24796706               5.84817765             990.18659176                       A-10 CP2     7.05000000%
A-11 CP1           5.24796706               5.84817765             990.18659176                       A-11 CP1     6.95000000%
A-11 CP2           5.24796588               5.76522471             990.18659294                       A-11 CP2     6.95000000%
A-12             111.16652172               0.00000000             624.27771961                       A-12         7.00000000%
A-13               0.00000000               0.00000000            1011.70069630                       A-13         7.00000000%
A-14              13.51344482                      N/A             961.39910720                       A-14                 N/A
A-15               0.95173190               5.62500000             998.20530486                       A-15         6.75000000%
A-P                0.95173190                      N/A             998.20530486                       A-P                  N/A
A-R                0.00000000               0.00000000               0.00000000                       A-R          6.75000000%
A-X                       N/A               0.36901030             980.89496961                       A-X          0.44838000%
M                  0.76413192               5.62072812             998.47636110                       M            6.75000000%
B-1                0.76413262               5.62072727             998.47635936                       B-1          6.75000000%
B-2                0.76413333               5.62072727             998.47635960                       B-2          6.75000000%
B-3                0.76412987               5.62072727             998.47636364                       B-3          6.75000000%
B-4                0.76413636               5.62072727             998.47635455                       B-4          6.75000000%
B-5                0.76412140               5.62073120             998.47637497                       B-5          6.75000000%
----------------------------------------------------------------------------------------------      --------------------------------

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


DISTRIBUTION DATE:                            25-Sep-98                                                                    PAGE # 2
RECORD DATE:                                  31-Aug-98




<S>                    <C>                                                                                     <C>         
SECTION 6.02 (iii)      AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                                          3,108,325.16
                        AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                                   0.00


SECTION 6.02 (iv)       AGGREGATE SERVICER ADVANCES                                                                            0.00


SECTION 6.02 (iv)       NUMBER OF OUTSTANDING MORTGAGE LOANS                                                               1,737
                        ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                                        539,951,570.61


SECTION 6.02 (vi)       SERVICING FEES                                                                                   139,175.00


SECTION 6.02 (vii)      NUMBER AND AGGREGATE PRINCIPAL BALANCES OF DELINQUENT MORTGAGE LOANS:

                        ------------------------------------------------------------------------------------------
                                  CATEGORY                        COUNT                    AGG. PRIN. BAL.
                        ------------------------------------------------------------------------------------------
                                   1 MONTH                          3                                  780,710.36
                                  2 MONTHS                          0                                        0.00
                                  3+ MONTHS                         0                                        0.00
                                 FORECLOSURE                        0                                        0.00
                        ------------------------------------------------------------------------------------------


SECTION 6.02 (viii)     MORTGAGE LOANS ACQUIRED THROUGH FORECLOSURE

                                                      ------------------------------------------------------------
                                                                  COUNT                    AGG. PRIN. BAL.
                                                      ------------------------------------------------------------
                                                                    0                                        0.00
                                                      ------------------------------------------------------------


SECTION 6.02 (ix)       AGGREGATE AMOUNT OF ALL ADVANCES RECOVERED DURING THE RELATED                                          0.00
                        DUE PERIOD


                        ------------------------------------------------------------------------------------------
SECTION 6.02 (x)                    CLASS                      PERCENTAGE                 PRINCIPAL BALANCE
                        ------------------------------                              ------------------------------
                        ------------------------------------------------------------------------------------------
                                   CLASS A                       95.70%                            520,118,163.72
                                   CLASS M                        2.17%                             11,816,018.83
                                   CLASS B                        2.12%                             11,541,349.40
                        ------------------------------------------------------------------------------------------

                        NON-PO CLASS A PERCENTAGE                                                                          95.69903%
                        NON-PO CLASS A PREPAYMENT PERCENTAGE                                                              100.00000%

                        CREDIT SUPPORT LEVEL

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

                                                      ------------------------------------------------------------
                                                                                    ------------------------------
                                                                    M                           2.12%
                                                                   B-1                          1.26%
                                                                   B-2                          0.81%
                                                                   B-3                          0.46%
                                                                   B-4                          0.25%
                                                      ------------------------------------------------------------



SECTION 6.02 (xi)       CURRENT AGGREGATE AMOUNT OF REALIZED LOSSES                                                            0.00
                        CUMULATIVE AGGREGATE AMOUNT REALIZED LOSSES                                                            0.00






                                                                                       (C) COPYRIGHT 1998, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------
<PAGE>
------------------------------------------------------------------------------------------------------------------------------------
                                                                                 CHASE MORTGAGE FINANCE CORPORATION
                                                                  MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-AS1
                                                                                  STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
 DISTRIBUTION DATE:        25-Aug-98                                                                                       PAGE # 1
 RECORD DATE:              31-Jul-98


------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL         BEGINNING                                                                     COMPENSATING    ENDING
          CERTIFICATE       CERTIFICATE     PRINCIPAL      INTEREST        TOTAL           REALIZED LOSS     INTEREST   CERTIFICATE
   CLASS    BALANCE           BALANCE      DISTRIBUTION  DISTRIBUTION   DISTRIBUTION   PRINCIPAL  INTEREST  SHORTFALLS     BALANCE

------------------------------------------------------------------------------------------------------------------------------------
<S>     <C>              <C>              <C>            <C>           <C>            <C>         <C>        <C>     <C>          
   IA-1  40,980,752.00     40,727,638.56    252,935.09     229,092.97    482,028.06     0.00        0.00       0.00    40,474,703.47
   IA-2  14,725,947.00     14,725,947.00          0.00      82,833.45     82,833.45     0.00        0.00       0.00    14,725,947.00
   IA-3  16,250,000.00     16,250,000.00          0.00      91,406.25     91,406.25     0.00        0.00       0.00    16,250,000.00
   IA-4  12,240,000.00     12,240,000.00          0.00      68,850.00     68,850.00     0.00        0.00       0.00    12,240,000.00
   IA-5  16,100,000.00     16,100,000.00          0.00      90,562.50     90,562.50     0.00        0.00       0.00    16,100,000.00
   IA-6   9,034,036.00      9,034,036.00          0.00      50,816.45     50,816.45     0.00        0.00       0.00     9,034,036.00
   IA-7  10,000,000.00     10,000,000.00          0.00      56,250.00     56,250.00     0.00        0.00       0.00    10,000,000.00
   IA-8   5,599,985.00      5,599,985.00          0.00      31,499.92     31,499.92     0.00        0.00       0.00     5,599,985.00
   IA-9  25,993,201.00     25,896,383.78     96,710.47     145,667.16    242,377.63     0.00        0.00       0.00    25,799,673.31
    A-R         100.85              0.00          0.00       3,325.84      3,325.84     0.00        0.00       0.00             0.00
    A-P       3,123.00          3,118.16          4.84            N/A          4.84     0.00        0.00       0.00         3,113.32
   IIA-1 12,262,215.00     12,031,525.71    230,557.16      67,677.33    298,234.49     0.00        0.00       0.00    11,800,968.55
     M    5,512,562.00      5,507,644.07      5,159.70      30,980.50     36,140.20     0.00        0.00       0.00     5,502,484.37
    B-1   2,537,528.00      2,535,264.19      2,375.10      14,260.86     16,635.96     0.00        0.00       0.00     2,532,889.09
    B-2   1,662,518.00      1,661,034.82      1,556.10       9,343.32     10,899.42     0.00        0.00       0.00     1,659,478.72
    B-3     875,009.00        874,228.38        819.00       4,917.53      5,736.53     0.00        0.00       0.00       873,409.38
    B-4     437,504.00        437,113.69        409.50       2,458.76      2,868.26     0.00        0.00       0.00       436,704.19
    B-5     787,514.84        786,812.27        737.11       4,425.82      5,162.93     0.00        0.00       0.00       786,075.16
------------------------------------------------------------------------------------------------------------------------------------
TOTAL   175,001,995.69    174,410,731.63    591,264.07     984,368.66  1,575,632.73     0.00        0.00       0.00   173,819,467.56
------------------------------------------------------------------------------------------------------------------------------------


--------------------------------------------------------------------------------------------------------------------------
                   ORIGINAL              BEGINNING                                                          ENDING
                   NOTIONAL               NOTIONAL              INTEREST               TOTAL               NOTIONAL
   CLASS           BALANCE                BALANCE             DISTRIBUTION         DISTRIBUTION            BALANCE
--------------------------------------------------------------------------------------------------------------------------
   IA-X        161,621,229.80         161,621,229.80           120,673.49            120,673.49       161,263,536.75
   IIA-X        13,050,781.79          13,050,781.79             7,593.12              7,593.12        12,817,723.18
--------------------------------------------------------------------------------------------------------------------------
   TOTAL       174,672,011.59         174,672,011.59           128,266.61            128,266.61       174,081,259.93
--------------------------------------------------------------------------------------------------------------------------


            FACTOR INFORMATION PER $1,000                                                                     PASS THRU RATES

                  PRINCIPAL           INTEREST           END. CERT.                                            PASS-THRU
   CLASS         DISTRIBUTION        DISTRIBUTION        BALANCE                                CLASS            RATE
-------------------------------------------------------------------------------               ----------------------------------
<S>        <C>                 <C>                    <C>                                      <C>            <C>
   IA-1        6.17204609             5.59025784         987.65155578                             IA-1          6.750000%
   IA-2        0.00000000             5.62499987        1000.00000000                             IA-2          6.750000%
   IA-3        0.00000000             5.62500000        1000.00000000                             IA-3          6.750000%
   IA-4        0.00000000             5.62500000        1000.00000000                             IA-4          6.750000%
   IA-5        0.00000000             5.62500000        1000.00000000                             IA-5          6.750000%
   IA-6        0.00000000             5.62499972        1000.00000000                             IA-6          6.750000%
   IA-7        0.00000000             5.62500000        1000.00000000                             IA-7          6.750000%
   IA-8        0.00000000             5.62500078        1000.00000000                             IA-8          6.750000%
   IA-9        3.72060640             5.60404854         992.55468036                             IA-9          6.750000%
   IA-X               N/A             0.74664381         997.78684366                             IA-X                N/A
    A-P        1.54979187                    N/A         996.90041627                             A-P                 N/A
   IIA-1      18.80224413             5.51917659         962.38473636                            IIA-1          6.750000%
   IIA-X              N/A             0.58181342         982.14217250                            IIA-X                N/A
    A-R        0.00000000         32978.08626673           0.00000000                             A-R           6.750000%
     M         0.93598947             5.61998214         998.17187906                              M            6.750000%
    B-1        0.93598967             5.61998134         998.17187830                             B-1           6.750000%
    B-2        0.93598987             5.61998126         998.17188145                             B-2           6.750000%
    B-3        0.93599037             5.61997648         998.17188166                             B-3           6.750000%
    B-4        0.93599144             5.61997147         998.17187957                             B-4           6.750000%
    B-5        0.93599506             5.61998298         998.17186937                             B-5           6.750000%
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                                                                                CHASE MORTGAGE FINANCE CORPORATION
                                                                  MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-AS1
                                                                                  STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------


            DISTRIBUTION DATE:               25-Aug-98                                                                     PAGE # 2
            RECORD DATE:                     31-Jul-98




<S>                                                                                                             <C>         
SECTION 6.02 (iii)  AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                                                435,137.17
                    AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                                       0.00


SECTION 6.02 (iv)   AGGREGATE SERVICER ADVANCES                                                                                0.00


SECTION 6.02 (v)    NUMBER OF OUTSTANDING MORTGAGE LOANS                                                                      1,471
                    ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                                            174,410,731.63


SECTION 6.02 (vi)   SERVICING FEES                                                                                        45,777.67


SECTION 6.02 (vii)  NUMBER AND AGGREGATE PRINCIPAL BALANCES OF DELINQUENT MORTGAGE LOANS:

                    -------------------------------------------------------------------------------------
                           CATEGORY                COUNT                    AGG. PRIN. BAL.
                    -------------------------------------------------------------------------------------
                            1 MONTH                  0                         0.00
                           2 MONTHS                  0                         0.00
                           3+ MONTHS                 0                         0.00
                          FORECLOSURE                0                         0.00
                    -------------------------------------------------------------------------------------


SECTION 6.02 (viii) MORTGAGE LOANS ACQUIRED THROUGH FORECLOSURE

                                            -------------------------------------------------------------
                                                   COUNT                    AGG. PRIN. BAL.
                                            -------------------------------------------------------------
                                                     0                           0.00
                                            -------------------------------------------------------------


SECTION 6.02 (ix)   AGGREGATE AMOUNT OF ALL ADVANCES RECOVERED DURING THE RELATED                                              0.00
                    DUE PERIOD


                    -------------------------------------------------------------------------------------
SECTION 6.02 (x)             CLASS              PERCENTAGE                 PRINCIPAL BALANCE
                    -------------------------------------------------------------------------------------
                            CLASS A               92.92%                    162,608,634.21
                            CLASS M                3.15%                      5,507,644.07
                            CLASS B                3.60%                      6,294,453.35
                    -------------------------------------------------------------------------------------

                    NON-PO CLASS A PERCENTAGE                                                                              92.91804%
                    NON-PO CLASS A PREPAYMENT PERCENTAGE                                                                  100.00000%

                    CREDIT SUPPORT LEVEL

                                            -------------------------------------------------------------
                                                   CLASS                     CREDIT SUPPORT
                                            -------------------------------------------------------------
                                                    M                           3.61%
                                                    B-1                          2.16%
                                                    B-2                          1.20%
                                                    B-3                          0.70%
                                                    B-4                          0.45%
                                            -------------------------------------------------------------



SECTION 6.02 (xi)   CURRENT AGGREGATE AMOUNT OF REALIZED LOSSES                                                                0.00
                    CUMULATIVE AGGREGATE AMOUNT REALIZED LOSSES                                                                0.00


                                                                                    (C) COPYRIGHT 1996, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------

</TABLE>