<PAGE> 
<TABLE>


------------------------------------------------------------------------------------------------------------------------------------
                                                        CHASE MORTGAGE FINANCE CORPORATION
                                                        MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S1
                                                                 STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION DATE:  25-Nov-98                                                                                             PAGE # 1
RECORD DATE:        31-Oct-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    146,928,336.20  1,909,987.18    826,471.89   2,736,459.07      0.00     0.00       0.00     145,018,349.02
 A-2    100,000,000.00     95,053,105.93  1,041,540.39    534,673.72   1,576,214.11      0.00     0.00       0.00      94,011,565.54
 A-3     50,000,000.00     47,644,338.59    495,971.10    267,999.40     763,970.50      0.00     0.00       0.00      47,148,367.49
 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     70,525.56      70,525.56      0.00     0.00       0.00      14,058,975.00
 A-6      4,686,325.00      4,686,325.00          0.00     34,916.75      34,916.75      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        449,048.96        555.12          0.00         555.12      0.00     0.00       0.00         448,493.84
 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      8,673,609.86      7,001.59     48,789.06      55,790.65      0.00     0.00       0.00       8,666,608.27
 B-1      3,442,584.00      3,429,101.70      2,768.08     19,288.70      22,056.78      0.00     0.00       0.00       3,426,333.62
 B-2      1,822,544.00      1,815,406.47      1,465.42     10,211.66      11,677.08      0.00     0.00       0.00       1,813,941.05
 B-3      1,417,534.00      1,411,982.67      1,139.76      7,942.40       9,082.16      0.00     0.00       0.00       1,410,842.91
 B-4        810,019.00        806,846.61        651.33      4,538.51       5,189.84      0.00     0.00       0.00         806,195.28
 B-5      1,012,573.33      1,008,607.52        814.23      5,673.42       6,487.65      0.00     0.00       0.00       1,007,793.29
------------------------------------------------------------------------------------------------------------------------------------
TOTAL   405,009,905.19    388,565,684.51  3,461,894.20  2,183,156.07   5,645,050.27      0.00     0.00       0.00     385,103,790.31
------------------------------------------------------------------------------------------------------------------------------------



---------------------------------------------------------------------------------------------------------------------
            ORIGINAL            BEGINNING                                                       ENDING
            NOTIONAL             NOTIONAL             INTEREST             TOTAL               NOTIONAL
 CLASS       BALANCE             BALANCE            DISTRIBUTION       DISTRIBUTION            BALANCE
---------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------
<S>      <C>                  <C>                   <C>                <C>               <C>           
  A-X     377,526,002.16       361,233,293.90         142,152.05         142,152.05        357,809,807.21
---------------------------------------------------------------------------------------------------------------------



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

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


                                    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        12.24350756           5.29789673              929.60480141                                A-1          6.75000000%
   A-2        10.41540390           5.34673720              940.11565540                                A-2          6.75000000%
   A-3         9.91942200           5.35998800              942.96734980                                A-3          6.75000000%
   A-4         0.00000000           5.62500000             1000.00000000                                A-4          6.75000000%
   A-5         0.00000000           5.01640838             1000.00000000                                A-5          6.01969000%
   A-6         0.00000000           7.45077433             1000.00000000                                A-6          8.94093000%
   A-7         0.00000000           5.62500000             1000.00000000                                A-7          6.75000000%
   A-P         1.22939819                  N/A              993.25824183                                A-P                  N/A
   A-R         0.00000000           0.00000001                0.00000000                                A-R          6.75000000%
   A-X                N/A           0.37653579              947.77526624                                A-X          0.47222218%
    M          0.80406770           5.60297125              995.27961765                                 M           6.75000000%
   B-1         0.80407043           5.60297149              995.27959812                                B-1          6.75000000%
   B-2         0.80405192           5.60297035              995.27970244                                B-2          6.75000000%
   B-3         0.80404421           5.60296966              995.27976754                                B-3          6.75000000%
   B-4         0.80409225           5.60296734              995.27946875                                B-4          6.75000000%
   B-5         0.80411954           5.60297198              995.27931473                                B-5          6.75000000%
------------------------------------------------------------------------------------                -----------------------------



(C) COPYRIGHT 1996, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------


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

DISTRIBUTION DATE: 25-Nov-98                                                                                               PAGE # 2
RECORD DATE:       31-Oct-98




<S>                  <C>                                                                                      <C>         
SECTION 6.02 (iii)    AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                                            3,148,179.28
                      AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                                     0.00


SECTION 6.02 (iv)     AGGREGATE SERVICER ADVANCES                                                                      2,169,935.23


SECTION 6.02 (iv)     NUMBER OF OUTSTANDING MORTGAGE LOANS                                                                 1,362
                      ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                                          385,103,790.32


SECTION 6.02 (vi)     SERVICING FEES                                                                                     100,703.30


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

                      --------------------------------------------------------------------------------------------------------
                                   CATEGORY                            COUNT                         AGG. PRIN. BAL.
                      --------------------------------------------------------------------------------------------------------
                                   1 MONTH                               11                                      3,389,665.54
                                   2 MONTHS                              1                                         286,075.56
                                  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                                       25,287.42
                      DUE PERIOD


                      --------------------------------------------------------------------------------------------------------
SECTION 6.02 (x)                    CLASS                            PERCENTAGE                     PRINCIPAL BALANCE
                      -----------------------------------                                   ----------------------------------
                      --------------------------------------------------------------------------------------------------------
                                   CLASS A                             96.45%                                  371,420,129.68
                                   CLASS M                             2.25%                                     8,673,609.86
                                   CLASS B                             2.20%                                     8,471,944.97
                      --------------------------------------------------------------------------------------------------------

                      NON-PO CLASS A PERCENTAGE                                                                               95.58%
                      NON-PO CLASS A PREPAYMENT PERCENTAGE                                                                   100.00%

                      CREDIT SUPPORT LEVEL

                                                         ---------------------------------------------------------------------
                                                                       CLASS                         CREDIT SUPPORT
                                                         ---------------------------------------------------------------------
                                                                                            ----------------------------------
                                                                         M                                2.18%
                                                                        B-1                               1.30%
                                                                        B-2                               0.83%
                                                                        B-3                               0.47%
                                                                        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
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
                                                                           CHASE MORTGAGE FINANCE CORPORATION
                                                             MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S2
                                                                            STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------


DISTRIBUTION DATE:  25-Nov-98                                                                                             PAGE # 1
RECORD DATE:        30-Oct-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   45,274,907.06     334,096.04    264,103.62     598,199.66    0.00        0.00        0.00    44,940,811.02
A-6 CP1   13,800,000.00   13,494,464.72      99,579.38     78,717.71     178,297.09    0.00        0.00        0.00    13,394,885.34
A-6 CP2   21,900,000.00   21,172,985.87     300,848.11    123,509.08     424,357.19    0.00        0.00        0.00    20,872,137.76
  A-7      7,000,000.00    2,499,601.46   1,598,108.93          0.00   1,598,108.93    0.00        0.00        0.00       916,073.54
  A-8        500,000.00      511,769.15           0.00          0.00           0.00    0.00        0.00        0.00       514,754.47
  A-9    127,600,000.00  125,073,514.69     803,926.18    729,595.50   1,533,521.68    0.00        0.00        0.00   124,269,588.51
 A-10     15,600,000.00    6,822,540.86   3,213,269.18          0.00   3,213,269.18    0.00        0.00        0.00     3,649,069.84
 A-11      7,599,000.00    7,777,867.51           0.00          0.00           0.00    0.00        0.00        0.00     7,823,238.40
 A-12        985,000.00    1,008,185.21           0.00          0.00           0.00    0.00        0.00        0.00     1,014,066.29
 A-13      8,937,320.00    8,283,671.71     231,160.44           N/A     231,160.44    0.00        0.00        0.00     8,052,511.27
 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      237,072.61         236.12           N/A         236.12    0.00        0.00        0.00       236,836.49
  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   11,360,832.54       8,996.96     63,904.68      72,901.64    0.00        0.00        0.00    11,351,835.58
  B-1      4,505,000.00    4,491,097.81       3,556.63     25,262.43      28,819.06    0.00        0.00        0.00     4,487,541.18
  B-2      2,385,000.00    2,377,640.02       1,882.92     13,374.23      15,257.15    0.00        0.00        0.00     2,375,757.10
  B-3      1,855,000.00    1,849,275.57       1,464.49     10,402.18      11,866.67    0.00        0.00        0.00     1,847,811.08
  B-4      1,061,000.00    1,057,725.81         837.64      5,949.71       6,787.35    0.00        0.00        0.00     1,056,888.17
  B-5      1,325,030.44    1,320,941.46       1,046.09      7,430.30       8,476.39    0.00        0.00        0.00     1,319,895.37
------------------------------------------------------------------------------------------------------------------------------------
 TOTAL   530,008,725.39  511,636,394.06   6,599,009.11  2,736,969.63   9,335,978.74    0.00        0.00        0.00   505,146,001.41
------------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------
            ORIGINAL              BEGINNING                                                       ENDING
            NOTIONAL               NOTIONAL            INTEREST             TOTAL                NOTIONAL
 CLASS       BALANCE               BALANCE           DISTRIBUTION       DISTRIBUTION             BALANCE
-----------------------------------------------------------------------------------------------------------------------
<S>   <C>              <C>                    <C>                <C>                 <C>               
  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         493,323,513.84          190,002.74         190,002.74         486,851,033.30
-----------------------------------------------------------------------------------------------------------------------

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

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

                                    FACTOR INFORMATION PER $1,000                                              PASS THRU RATES

                 PRINCIPAL               INTEREST                  END. CERT.                                 PASS-THRU
               DISTRIBUTION            DISTRIBUTION                 BALANCE                     CLASS         RATE
--------------------------------------------------------------------------------               ----------------------------------
<S>           <C>                     <C>                    <C>                             <C>                  <C>        
A-1                0.00000000              5.41666671             1,000.00000000                A-1                    6.50000000%
A-2                0.00000000              5.41666659             1,000.00000000                A-2                    6.50000000%
A-3                0.00000000              5.50000000             1,000.00000000                A-3                    6.60000000%
A-4                N/A                     5.62500000             1,000.00000000                A-4                    6.75000000%
A-5                7.21589719              5.70418186               970.64386652                A-5                    7.00000000%
A-6 CP1            7.21589710              5.70418188               970.64386522                A-6 CP1                7.00000000%
A-6 CP2           13.73735662              5.63968402               953.06565114                A-6 CP2                7.00000000%
A-7              228.30127571              0.00000000               130.86764857                A-7                    7.00000000%
A-8                0.00000000              0.00000000             1,029.50894000                A-8                    7.00000000%
A-9                6.30036191              5.71783307               973.89959647                A-9                    7.00000000%
A-10             205.97879359              0.00000000               233.91473333                A-10                   7.00000000%
A-11               0.00000000              0.00000000             1,029.50893539                A-11                   7.00000000%
A-12               0.00000000              0.00000000             1,029.50892386                A-12                   7.00000000%
A-13              25.86462608     N/A                               900.99842794                A-13           N/A
A-14               0.00000000              5.62500003             1,000.00000000                A-14                   6.75000000%
A-P                0.99220923     N/A                               995.22002404                A-P            N/A
A-R                0.00000000              0.00000000                 0.00000000                A-R                    6.75000000%
A-X        N/A                             0.37136994               951.57489542                A-X                    0.46217000%
M                  0.78948403              5.60764128               996.12456827                M                      6.75000000%
B-1                0.78948502              5.60764262               996.12456826                B-1                    6.75000000%
B-2                0.78948428              5.60764361               996.12457023                B-2                    6.75000000%
B-3                0.78948248              5.60764420               996.12457143                B-3                    6.75000000%
B-4                0.78948162              5.60764373               996.12457116                B-4                    6.75000000%
B-5                0.78948375              5.60764476               996.12456450                B-5                    6.75000000%
---------------------------------------------------------------------------------               ----------------------------------

                                                                                                                        
(C) COPYRIGHT 1996, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
                                                                     CHASE MORTGAGE FINANCE CORPORATION
                                                       MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S2
                                                                      STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------

DISTRIBUTION DATE:    25-Nov-98                                                                                            PAGE # 2
RECORD DATE:          30-Oct-98




<S>                 <C>                                                                                        <C>         
SECTION 6.02 (iii)   AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                                             6,085,194.46
                     AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                                      0.00


SECTION 6.02 (iv)    AGGREGATE SERVICER ADVANCES                                                                               0.00


SECTION 6.02 (iv)    NUMBER OF OUTSTANDING MORTGAGE LOANS                                                                  1,705
                     ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                                           505,146,001.41


SECTION 6.02 (vi)    SERVICING FEES                                                                                      131,533.19


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

                     --------------------------------------------------------------------------------------------------------
                                  CATEGORY                            COUNT                        AGG. PRIN. BAL.
                     --------------------------------------------------------------------------------------------------------
                                  1 MONTH                              13                                       5,057,667.63
                                  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                            95.61%                                   489,178,880.85
                                  CLASS M                             2.22%                                    11,360,832.54
                                  CLASS B                             2.17%                                    11,096,680.67
                     --------------------------------------------------------------------------------------------------------

                     NON-PO CLASS A PERCENTAGE                                                                             95.60862%
                     NON-PO CLASS A PREPAYMENT PERCENTAGE                                                                 100.00000%

                     CREDIT SUPPORT LEVEL

                                                        ---------------------------------------------------------------------
                                                                      CLASS                         CREDIT SUPPORT
                                                        ---------------------------------------------------------------------
                                                                                          -----------------------------------
                                                                        M                               2.17%
                                                                       B-1                              1.29%
                                                                       B-2                              0.83%
                                                                       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
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                                         CHASE MORTGAGE FINANCE CORPORATION
                                           MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S3
                                                          STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION DATE:  25-Nov-98                                                                                               PAGE # 1
RECORD DATE:        30-Sep-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   59,640,217.63   1,143,785.04    323,051.18   1,466,836.22   0.00      0.00          0.00       58,496,432.59
 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   91,512,099.83   1,570,675.71    495,690.54   2,066,366.25   0.00      0.00          0.00       89,941,424.12
 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   44,306,145.20     150,319.18    239,991.62     390,310.80   0.00      0.00          0.00       44,155,826.02
 A-P       551,754.00      543,720.70       2,096.46           N/A       2,096.46   0.00      0.00          0.00          541,624.24
 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    2,443,050.26       8,288.64     13,233.19      21,521.83   0.00      0.00          0.00        2,434,761.62
 B-1       787,683.00      777,334.23       2,637.29      4,210.56       6,847.85   0.00      0.00          0.00          774,696.94
 B-2       675,156.00      666,285.63       2,260.53      3,609.05       5,869.58   0.00      0.00          0.00          664,025.10
 B-3       675,156.00      666,285.63       2,260.53      3,609.05       5,869.58   0.00      0.00          0.00          664,025.10
 B-4       337,578.00      333,142.82       1,130.27      1,804.52       2,934.79   0.00      0.00          0.00          332,012.55
 B-5       450,295.59      444,379.49       1,507.66      2,407.06       3,914.72   0.00      0.00          0.00          442,871.83
------------------------------------------------------------------------------------------------------------------------------------
TOTAL  225,052,297.95  219,632,661.42   2,884,961.31  1,186,731.77   4,071,693.08   0.00      0.00          0.00      216,747,700.11
------------------------------------------------------------------------------------------------------------------------------------


------------------------------------------------------------------------------------------------------------------------------------
            ORIGINAL            BEGINNING                                                                        ENDING
            NOTIONAL             NOTIONAL             INTEREST                 TOTAL                            NOTIONAL
 CLASS       BALANCE             BALANCE            DISTRIBUTION           DISTRIBUTION                         BALANCE
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                  <C>                      <C>                    <C>                           <C>           
  A-X     198,278,988.72       193,272,796.09            61,308.13              61,308.13                     190,496,450.05
------------------------------------------------------------------------------------------------------------------------------------

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

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


                                    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        18.55528763        5.24076409        948.97038691                         A-1         6.50000000%
  A-2         0.00000000        5.41666714       1000.00000000                         A-2         6.50000000%
  A-3        16.66304951        5.25870233        954.17430454                         A-3         6.50000000%
  A-4         0.00000000        5.41666637       1000.00000000                         A-4         6.50000000%
  A-5         3.34816420        5.34550116        983.51358740                         A-5         6.50000000%
  A-P         3.79962810               N/A        981.64080369                         A-P                 N/A
  A-R         0.00000000        0.00000000          0.00000000                         A-R         6.50000000%
  A-X                N/A        0.30920135        960.74955435                         A-X         0.38065000%
   M          3.34816760        5.34550155        983.51357563                          M          6.50000000%
  B-1         3.34816163        5.34550066        983.51359621                         B-1         6.50000000%
  B-2         3.34815954        5.34550534        983.51358797                         B-2         6.50000000%
  B-3         3.34815954        5.34550534        983.51358797                         B-3         6.50000000%
  B-4         3.34817435        5.34549052        983.51358797                         B-4         6.50000000%
  B-5         3.34815626        5.34551093        983.51358493                         B-5         6.50000000%
-------------------------------------------------------------------------         -------------------------------------------------



  (C) COPYRIGHT 1996, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------



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


 DISTRIBUTION DATE:  25-Nov-98                                                                                              PAGE # 2
 RECORD DATE:        30-Sep-98




<S>                  <C>                                                                                      <C>         
SECTION 6.02 (iii)    AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                                            2,139,750.98
                      AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                                     0.00


SECTION 6.02 (iv)     AGGREGATE SERVICER ADVANCES                                                                      1,577,411.51


SECTION 6.02 (v)      NUMBER OF OUTSTANDING MORTGAGE LOANS                                                                   776
                      ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                                          216,747,700.11


SECTION 6.02 (vi)     SERVICING FEES                                                                                      58,019.73


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

                      --------------------------------------------------------------------------------------------------------
                                   CATEGORY                            COUNT                         AGG. PRIN. BAL.
                      --------------------------------------------------------------------------------------------------------
                                   1 MONTH                               2                                         326,681.70
                                   2 MONTHS                              0                                               0.00
                                  3+ MONTHS                              1                                         323,262.36
                                 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                             97.57%                                  214,302,183.36
                                   CLASS M                             1.11%                                     2,443,050.26
                                   CLASS B                             1.31%                                     2,887,427.80
                      --------------------------------------------------------------------------------------------------------

                      NON-PO CLASS A PERCENTAGE                                                                               97.57%
                      NON-PO CLASS A PREPAYMENT PERCENTAGE                                                                   100.00%

                      CREDIT SUPPORT LEVEL

                                                         ---------------------------------------------------------------------
                                                                       CLASS                         CREDIT SUPPORT
                                                         ---------------------------------------------------------------------
                                                                                            ----------------------------------
                                                                         M                                1.31%
                                                                        B-1                               0.96%
                                                                        B-2                               0.66%
                                                                        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
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
                                                      CHASE MORTGAGE FINANCE CORPORATION
                                        MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S4
                                                       STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION DATE:  25-Nov-98                                                                                              PAGE # 1
RECORD DATE:        31-Oct-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     8,454,774.65      56,762.77     56,365.16     113,127.93     0.00      0.00      0.00     8,398,011.88
   A-7      79,810,000.00    78,553,616.39     527,384.97    454,956.36     982,341.33     0.00      0.00      0.00    78,026,231.42
   A-8      15,000,000.00    14,763,867.27      99,120.09     86,122.56     185,242.65     0.00      0.00      0.00    14,664,747.18
   A-9      46,000,000.00    45,275,859.58     303,968.29    260,336.19     564,304.48     0.00      0.00      0.00    44,971,891.29
A-10 CP1    31,500,000.00    30,839,573.09     353,690.61    181,182.49     534,873.10     0.00      0.00      0.00    30,485,882.48
A-10 CP2     8,500,000.00     8,366,191.45      56,168.05     49,151.37     105,319.42     0.00      0.00      0.00     8,310,023.40
A-11 CP1    31,500,000.00    30,839,573.09     353,690.61    178,612.53     532,303.14     0.00      0.00      0.00    30,485,882.48
A-11 CP2     8,500,000.00     8,366,191.46      56,168.05     48,454.19     104,622.24     0.00      0.00      0.00     8,310,023.41
  A-12      19,409,000.00     9,214,240.93   6,584,781.57          0.00   6,584,781.57     0.00      0.00      0.00     2,683,209.10
  A-13       1,350,000.00     1,373,763.08           0.00          0.00           0.00     0.00      0.00      0.00     1,381,776.70
  A-14       9,265,280.00     8,742,630.00     308,521.86           N/A     308,521.86     0.00      0.00      0.00     8,434,108.14
  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       402,437.60         445.62           N/A         445.62     0.00      0.00      0.00       401,991.98
   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    11,797,846.77       9,202.60     66,362.89      75,565.49     0.00      0.00      0.00    11,788,644.17
   B-1       4,675,000.00     4,664,264.99       3,638.23     26,236.49      29,874.72     0.00      0.00      0.00     4,660,626.76
   B-2       2,475,000.00     2,469,316.76       1,926.12     13,889.91      15,816.03     0.00      0.00      0.00     2,467,390.64
   B-3       1,925,000.00     1,920,579.71       1,498.09     10,803.26      12,301.35     0.00      0.00      0.00     1,919,081.62
   B-4       1,100,000.00     1,097,474.11         856.05      6,173.29       7,029.34     0.00      0.00      0.00     1,096,618.06
   B-5       1,375,121.80     1,371,964.19       1,070.16      7,717.30       8,787.46     0.00      0.00      0.00     1,370,894.03
------------------------------------------------------------------------------------------------------------------------------------
  TOTAL    550,002,018.91   535,313,165.12   8,718,893.74  2,916,139.78  11,635,033.52     0.00      0.00      0.00   526,656,034.74
------------------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------
                   ORIGINAL             BEGINNING                                                                       ENDING
                   NOTIONAL              NOTIONAL              INTEREST               TOTAL                            NOTIONAL
    CLASS           BALANCE              BALANCE             DISTRIBUTION         DISTRIBUTION                         BALANCE
------------------------------------------------------------------------------------------------------------------------------------
<S>      <C>                   <C>                   <C>                   <C>                  <C>     
     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        508,914,380.73            188,526.17           188,526.17                     500,285,785.92
------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                    
------------------------------------------------------------------------------------------------------------------------------------

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

                                    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            6.60800582         6.56171828            977.64981141            A-6                  8.00000000%
A-7            6.60800614         5.70049317            977.64981105            A-7                  6.95000000%
A-8            6.60800600         5.74150400            977.64981200            A-8                  7.00000000%
A-9            6.60800630         5.65948239            977.64981065            A-9                  6.90000000%
A-10 CP1       6.60800630         5.65948239            977.64981065            A-10 CP1             7.05000000%
A-10 CP2       6.60800588         5.78251412            977.64981176            A-10 CP2             7.05000000%
A-11 CP1       6.60800588         5.78251412            977.64981176            A-11 CP1             6.95000000%
A-11 CP2       6.60800588         5.70049294            977.64981294            A-11 CP2             6.95000000%
A-12         339.26433974         0.00000000            138.24561286            A-12                 7.00000000%
A-13           0.00000000         0.00000000           1023.53829630            A-13                 7.00000000%
A-14          33.29870873                N/A            910.29177100            A-14                         N/A
A-15           1.10434009         5.62500000            996.22067967            A-15                 6.75000000%
A-P            1.10434009                N/A            996.22067967            A-P                          N/A
A-R            0.00000000         0.00000000              0.00000000            A-R                  6.75000000%
A-X                   N/A         0.36010463            955.59799612            A-X                  0.44453000%
M              0.77823256         5.61208372            996.92551121            M                    6.75000000%
B-1            0.77823102         5.61208342            996.92551016            B-1                  6.75000000%
B-2            0.77823030         5.61208485            996.92551111            B-2                  6.75000000%
B-3            0.77822857         5.61208312            996.92551688            B-3                  6.75000000%
B-4            0.77822727         5.61208182            996.92550909            B-4                  6.75000000%
B-5            0.77822924         5.61208469            996.92553052            B-5                  6.75000000%
---------------------------------------------------------------------           ----------------------------------------------------



(C) COPYRIGHT 1998, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------



------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION DATE:    25-Nov-98                                                                                            PAGE # 2
RECORD DATE:          31-Oct-98




<S>                       <C>                                                                                 <C>         
SECTION 6.02 (iii)         AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                                       8,239,542.09
                           AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                                0.00


SECTION 6.02 (iv)          AGGREGATE SERVICER ADVANCES                                                                         0.00


SECTION 6.02 (iv)          NUMBER OF OUTSTANDING MORTGAGE LOANS                                                            1,702
                           ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                                     526,656,034.74


SECTION 6.02 (vi)          SERVICING FEES                                                                                137,085.03


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

                           --------------------------------------------------------------------------------------------------------
                                        CATEGORY                            COUNT                         AGG. PRIN. BAL.
                           --------------------------------------------------------------------------------------------------------
                                        1 MONTH                               17                                      6,170,525.29
                                        2 MONTHS                              3                                         769,285.40
                                       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                             95.64%                                  511,991,718.59
                                        CLASS M                             2.20%                                    11,797,846.77
                                        CLASS B                             2.15%                                    11,523,599.76
                           --------------------------------------------------------------------------------------------------------

                           NON-PO CLASS A PERCENTAGE                                                                       95.64012%
                           NON-PO CLASS A PREPAYMENT PERCENTAGE                                                           100.00000%

                           CREDIT SUPPORT LEVEL

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

                                                              ---------------------------------------------------------------------
                                                                              M                                2.15%
                                                                             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 1998, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
                                                             CHASE MORTGAGE FINANCE TRUST
                                            MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S6
                                                           STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------


DISTRIBUTION DATE:   25-Nov-98                                                                                             PAGE # 1
RECORD DATE:         31-Oct-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   76,508,000.00    75,992,614.09      742,780.56      427,458.45    1,170,239.01    0.00      0.00      0.00     75,249,833.53
  A-2   75,000,000.00    74,505,840.22      712,189.20      419,095.35    1,131,284.55    0.00      0.00      0.00     73,793,651.02
  A-3  155,000,000.00   154,125,680.42    1,260,080.20      866,956.95    2,127,037.15    0.00      0.00      0.00    152,865,600.22
  A-4  150,000,000.00   149,237,706.06    1,098,627.48      839,462.10    1,938,089.58    0.00      0.00      0.00    148,139,078.58
  A-5   12,605,000.00    12,605,000.00            0.00       70,903.13       70,903.13    0.00      0.00      0.00     12,605,000.00
  A-6    7,242,000.00     7,242,000.00            0.00       37,718.75       37,718.75    0.00      0.00      0.00      7,242,000.00
  A-7   17,324,112.00    17,324,112.00            0.00       90,229.75       90,229.75    0.00      0.00      0.00     17,324,112.00
  A-8    7,018,888.00     7,018,888.00            0.00       32,283.26       32,283.26    0.00      0.00      0.00      7,018,888.00
 A-10   12,836,000.00    12,726,733.34      131,091.16       71,587.88      202,679.04    0.00      0.00      0.00     12,595,642.18
 A-11   17,127,529.00    17,100,796.68       39,790.85       81,504.96      121,295.81    0.00      0.00      0.00     17,061,005.83
 A-12    4,440,471.00     4,433,540.40       10,316.15       39,625.69       49,941.84    0.00      0.00      0.00      4,423,224.25
 A-13    5,736,656.00     5,510,825.57      346,389.31       28,673.51      375,062.82    0.00      0.00      0.00      5,164,436.26
 A-14    1,062,344.00     1,020,523.54       64,146.19        8,065.33       72,211.52    0.00      0.00      0.00        956,377.35
 A-15   26,373,750.00    26,373,750.00            0.00      132,294.69      132,294.69    0.00      0.00      0.00     26,373,750.00
 A-16    8,791,250.00     8,791,250.00            0.00       65,508.44       65,508.44    0.00      0.00      0.00      8,791,250.00
 A-17   67,500,000.00    67,500,000.00            0.00      379,687.50      379,687.50    0.00      0.00      0.00     67,500,000.00
  A-P    1,786,904.00     1,785,019.36        3,694.14             N/A        3,694.14    0.00      0.00      0.00      1,781,325.22
  A-R          100.01             0.00            0.00            0.00            0.00    0.00      0.00      0.00              0.00
   M    14,513,400.00    14,502,094.49       11,385.87       81,574.28       92,960.15    0.00      0.00      0.00     14,490,708.62
  B-1    5,737,800.00     5,733,330.42        4,501.35       32,249.98       36,751.33    0.00      0.00      0.00      5,728,829.07
  B-2    3,037,700.00     3,035,333.72        2,383.10       17,073.75       19,456.85    0.00      0.00      0.00      3,032,950.62
  B-3    2,362,700.00     2,360,859.53        1,853.56       13,279.83       15,133.39    0.00      0.00      0.00      2,359,005.97
  B-4    1,350,000.00     1,348,948.39        1,059.08        7,587.83        8,646.91    0.00      0.00      0.00      1,347,889.31
  B-5    1,687,709.89     1,686,395.21        1,324.01        9,485.97       10,809.98    0.00      0.00      0.00      1,685,071.20
------------------------------------------------------------------------------------------------------------------------------------
 TOTAL 675,042,313.90   671,961,241.44    4,431,612.21    3,752,307.38    8,183,919.59    0.00      0.00      0.00    667,529,629.23
------------------------------------------------------------------------------------------------------------------------------------

--------------------------------------------------------------------------------------------------------
               ORIGINAL          BEGINNING                                                  ENDING
               NOTIONAL          NOTIONAL             INTEREST             TOTAL           NOTIONAL
 CLASS         BALANCE           BALANCE            DISTRIBUTION       DISTRIBUTION        BALANCE
--------------------------------------------------------------------------------------------------------
<S>       <C>               <C>                   <C>                 <C>            <C>   
  A-9        7,018,888.00       7,018,888.00            17,433.86          17,433.86      7,018,888.00
  A-X      586,060,663.88     583,086,862.62           166,905.92         166,905.92    578,771,351.80
--------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------

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

                  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      9.70853453   5.58710788         983.55509921                                          A-1        6.75000000%
A-2      9.49585600   5.58793800         983.91534693                                          A-2        6.75000000%
A-3      8.12954968   5.59327065         986.22967884                                          A-3        6.75000000%
A-4      7.32418320   5.59641400         987.59385720                                          A-4        6.75000000%
A-5      0.00000000   5.62500040        1000.00000000                                          A-5        6.75000000%
A-6      0.00000000   5.20833333        1000.00000000                                          A-6        6.25000000%
A-7      0.00000000   5.20833333        1000.00000000                                          A-7        6.25000000%
A-8      0.00000000   4.59948356        1000.00000000                                          A-8        5.51938000%
A-9             N/A   2.48384929        1000.00000000                                          A-9        2.98062000%
A-10    10.21277345   5.57711748         981.27471019                                          A-10       6.75000000%
A-11     2.32321020   4.75871096         996.11600891                                          A-11       5.71938000%
A-12     2.32321076   8.92375831         996.11600886                                          A-12       0.72525019%
A-13    60.38174679   4.99829692         900.25203882                                          A-13       6.24375000%
A-14    60.38175017   7.59201351         900.25203700                                          A-14       9.48375169%
A-15     0.00000000   5.01615015        1000.00000000                                          A-15       6.01938000%
A-16     0.00000000   7.45155012        1000.00000000                                          A-16       8.94186000%
A-17     0.00000000   5.62500000        1000.00000000                                          A-17       6.75000000%
A-P      2.06734105          N/A         996.87796323                                          A-P                N/A
A-R      0.00000000   0.00000000           0.00000000                                          A-R        6.75000000%
A-X             N/A   0.28479291         987.56218847                                          A-X        0.34327000%
M        0.78450742   5.62061819         998.43652211                                          M          6.75000000%
B-1      0.78450800   5.62061766         998.43652097                                          B-1        6.75000000%
B-2      0.78450802   5.62061757         998.43652105                                          B-2        6.75000000%
B-3      0.78450925   5.62061624         998.43652178                                          B-3        6.75000000%
B-4      0.78450370   5.62061481         998.43652593                                          B-4        6.75000000%
B-5      0.78450094   5.62061647         998.43652632                                          B-5        6.75000000%
----------------------------------------------------------------------                         ------------------------




(C) COPYRIGHT 1998, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION DATE:   25-Nov-98                                                                                              PAGE # 2
RECORD DATE:         31-Oct-98




<S>                 <C>                                                                                        <C>         
SECTION 6.02 (iii)   AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                                             3,903,819.75
                     AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                                      0.00


SECTION 6.02 (iv)    AGGREGATE SERVICER ADVANCES                                                                               0.00


SECTION 6.02 (iv)    NUMBER OF OUTSTANDING MORTGAGE LOANS                                                                  1,973
                     ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                                           667,529,629.23


SECTION 6.02 (vi)    SERVICING FEES                                                                                      172,077.95


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

                     --------------------------------------------------------------------------------------------------------
                                  CATEGORY                            COUNT                     AGG. PRIN. BAL.
                     --------------------------------------------------------------------------------------------------------
                                  1 MONTH                               11                        3,984,069.50
                                  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                             95.73%                         643,294,279.68
                                  CLASS M                             2.16%                           14,502,094.49
                                  CLASS B                             2.11%                           14,164,867.27
                     --------------------------------------------------------------------------------------------------------

                     NON-PO CLASS A PERCENTAGE                                                                             95.72216%
                     NON-PO CLASS A PREPAYMENT PERCENTAGE                                                                 100.00000%

                     CREDIT SUPPORT LEVEL

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

                                                        ---------------------------------------------------------------------
                                                                        M                                2.11%
                                                                       B-1                               1.25%
                                                                       B-2                               0.80%
                                                                       B-3                               0.45%
                                                                       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
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

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

DISTRIBUTION DATE:  25-Nov-98                                                                                              PAGE # 1
RECORD DATE:        31-Oct-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    37,502,672.38    1,344,756.72     210,952.53   1,555,709.25   0.00       0.00       0.00     36,157,915.66
 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    24,663,308.58      514,171.65     138,731.11     652,902.76   0.00       0.00       0.00     24,149,136.93
  A-R           100.85             0.00            0.00           0.00           0.00   0.00       0.00       0.00              0.00
  A-P         3,123.00         3,105.15            7.90            N/A           7.90   0.00       0.00       0.00          3,097.25
 IIA-1   12,262,215.00    11,800,108.02      117,485.09      66,375.61     183,860.70   0.00       0.00       0.00     11,682,622.93
   M      5,512,562.00     5,497,674.80        5,090.35      30,924.42      36,014.77   0.00       0.00       0.00      5,492,584.45
  B-1     2,537,528.00     2,530,675.16        2,343.18      14,235.05      16,578.23   0.00       0.00       0.00      2,528,331.98
  B-2     1,662,518.00     1,658,028.21        1,535.18       9,326.41      10,861.59   0.00       0.00       0.00      1,656,493.03
  B-3       875,009.00       872,645.96          807.99       4,908.63       5,716.62   0.00       0.00       0.00        871,837.97
  B-4       437,504.00       436,322.48          403.99       2,454.31       2,858.30   0.00       0.00       0.00        435,918.49
  B-5       787,514.84       785,388.08          727.20       4,417.81       5,145.01   0.00       0.00       0.00        784,660.88
------------------------------------------------------------------------------------------------------------------------------------
 TOTAL  175,001,995.69   169,699,896.82    1,987,329.25     954,544.45   2,941,873.70   0.00       0.00       0.00    167,712,567.57
------------------------------------------------------------------------------------------------------------------------------------


-----------------------------------------------------------------------------------------------------------------
             ORIGINAL         BEGINNING                                                     ENDING
             NOTIONAL          NOTIONAL            INTEREST             TOTAL              NOTIONAL
 CLASS        BALANCE          BALANCE           DISTRIBUTION       DISTRIBUTION           BALANCE
-----------------------------------------------------------------------------------------------------------------
<S>       <C>               <C>                 <C>                <C>              <C>           
 IA-X      161,621,229.80    156,790,268.16        116,283.10         116,283.10       154,923,694.51
 IIA-X      13,050,781.79     12,581,531.94          7,301.55           7,301.55        12,461,610.44
-----------------------------------------------------------------------------------------------------------------
 TOTAL     174,672,011.59    169,371,800.10        123,584.65         123,584.65       167,385,304.95
-----------------------------------------------------------------------------------------------------------------


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

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

                                    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>
 IA-1          32.81434953            5.14760027        882.31459637                       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          19.78100543            5.33720760        929.05590697                       IA-9        6.750000%
 IA-X                  N/A            0.71947912        958.56029992                       IA-X              N/A
  A-P           2.52961896                   N/A        991.75472302                        A-P              N/A
 IIA-1          9.58106590            5.41301959        952.73349309                       IIA-1       6.750000%
 IIA-X                 N/A            0.55947223        954.85547460                       IIA-X             N/A
  A-R           0.00000000            0.00000000          0.00000000                        A-R        6.750000%
   M            0.92340912            5.60980901        996.37599541                         M         6.750000%
  B-1           0.92341050            5.60981002        996.37599270                        B-1        6.750000%
  B-2           0.92340654            5.60980994        996.37599713                        B-2        6.750000%
  B-3           0.92340764            5.60980516        996.37600299                        B-3        6.750000%
  B-4           0.92339727            5.60980014        996.37601028                        B-4        6.750000%
  B-5           0.92341117            5.60981175        996.37599210                        B-5        6.750000%
-----------------------------------------------------------------------------        ----------------------------

                                                                                     



(C) COPYRIGHT 1996, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

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



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


DISTRIBUTION DATE:  25-Nov-98                                                                                           PAGE # 2
RECORD DATE:        31-Oct-98




<S>                <C>                                                                                        <C>         
SECTION 6.02 (iii)   AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                                            1,830,200.57
                     AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                                      0.00


SECTION 6.02 (iv)    AGGREGATE SERVICER ADVANCES                                                                         976,521.87


SECTION 6.02 (v)     NUMBER OF OUTSTANDING MORTGAGE LOANS                                                                  1,444
                     ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                                           167,712,567.72


SECTION 6.02 (vi)    SERVICING FEES                                                                                       44,390.63


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

                     --------------------------------------------------------------------------------------------------------
                                  CATEGORY                            COUNT                         AGG. PRIN. BAL.
                     --------------------------------------------------------------------------------------------------------
                                  1 MONTH                               22                                      2,511,743.50
                                  2 MONTHS                              0                                               0.00
                                 3+ MONTHS                              0                                               0.00
                                FORECLOSURE                             1                                          81,305.66
                     --------------------------------------------------------------------------------------------------------


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                                        13,091.78
                     DUE PERIOD


                     --------------------------------------------------------------------------------------------------------
SECTION 6.02 (x)                   CLASS                            PERCENTAGE                     PRINCIPAL BALANCE
                     -----------------------------------                                   ----------------------------------
                     --------------------------------------------------------------------------------------------------------
                                  CLASS A                             93.06%                                  157,919,162.13
                                  CLASS M                             3.24%                                     5,497,674.80
                                  CLASS B                             3.70%                                     6,283,059.89
                     --------------------------------------------------------------------------------------------------------

                     NON-PO CLASS A PERCENTAGE                                                                             93.05777%
                     NON-PO CLASS A PREPAYMENT PERCENTAGE                                                                 100.00000%

                     CREDIT SUPPORT LEVEL

                                                        ---------------------------------------------------------------------
                                                                      CLASS                         CREDIT SUPPORT
                                                        ---------------------------------------------------------------------
                                                                                           ----------------------------------
                                                                        M                                3.70%
                                                                       B-1                               2.21%
                                                                       B-2                               1.23%
                                                                       B-3                               0.72%
                                                                       B-4                               0.46%
                                                        ---------------------------------------------------------------------



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>
<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                                           CHASE MORTGAGE FINANCE TRUST
                                             MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-AS2
                                                          STATEMENT TO CERTIFICATEHOLDERS
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
DISTRIBUTION DATE:  25-Nov-98                                                                                               PAGE # 1
RECORD DATE:        31-Oct-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        22,617,491.00   22,450,718.48      88,680.88   126,285.29     214,966.17      0.00      0.00      0.00    22,362,037.60
 IIA-1      158,553,358.00  157,459,500.80   1,328,817.53   918,513.75   2,247,331.28      0.00      0.00      0.00   156,130,683.27
 IIA-2        5,872,347.00    5,831,833.77      49,215.47          N/A      49,215.47      0.00      0.00      0.00     5,782,618.30
IIIA-1       55,404,303.00   52,508,674.56   1,368,862.00   295,361.29   1,664,223.29      0.00      0.00      0.00    51,139,812.56
IIIA-2        1,000,000.00    1,000,000.00           0.00     5,625.00       5,625.00      0.00      0.00      0.00     1,000,000.00
IIIA-3        6,250,000.00    6,250,000.00           0.00    35,156.25      35,156.25      0.00      0.00      0.00     6,250,000.00
  A-P            64,974.00       64,812.27         154.50          N/A         154.50      0.00      0.00      0.00        64,657.77
  A-R               100.00            0.00           0.00         0.00           0.00      0.00      0.00      0.00             0.00
   M          6,625,002.00    6,618,566.40       6,517.39    37,229.44      43,746.83      0.00      0.00      0.00     6,612,049.01
  B-1         3,577,501.00    3,574,025.78       3,519.39    20,103.90      23,623.29      0.00      0.00      0.00     3,570,506.39
  B-2         2,120,001.00    2,117,941.61       2,085.57    11,913.42      13,998.99      0.00      0.00      0.00     2,115,856.04
  B-3         1,060,000.00    1,058,970.31       1,042.78     5,956.71       6,999.49      0.00      0.00      0.00     1,057,927.53
  B-4           662,500.00      661,856.44         651.74     3,722.94       4,374.68      0.00      0.00      0.00       661,204.70
  B-5         1,192,501.21    1,191,342.80       1,173.13     6,701.30       7,874.43      0.00      0.00      0.00     1,190,169.67
------------------------------------------------------------------------------------------------------------------------------------
 TOTAL      265,000,078.21  260,788,243.22   2,850,720.38 1,466,569.29   4,317,289.67      0.00      0.00      0.00   257,937,522.84
------------------------------------------------------------------------------------------------------------------------------------


------------------------------------------------------------------------------------------------------------------------------------
             ORIGINAL             BEGINNING                                                                          ENDING
             NOTIONAL              NOTIONAL               INTEREST                 TOTAL                            NOTIONAL
 CLASS        BALANCE              BALANCE              DISTRIBUTION           DISTRIBUTION                         BALANCE
------------------------------------------------------------------------------------------------------------------------------------
<S>       <C>                   <C>                      <C>                    <C>                            <C>           
  A-X      258,987,588.61        254,789,791.86             150,770.83             150,770.83                     251,952,280.53
---------------------------------------------------------------------------------------------------------------------------------
 TOTAL     258,987,588.61        254,789,791.86             150,770.83             150,770.83                     251,952,280.53
---------------------------------------------------------------------------------------------------------------------------------
----------







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

                      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          3.92089821         5.58352339      988.70549346                                            IA-1        6.750000%
 IIA-1         8.38088544         5.79308923      984.72012980                                            IIA-1       7.000000%
 IIA-2         8.38088587                N/A      984.72012979                                            IIA-2             N/A
IIIA-1        24.70678135         5.33101716      923.02961667                                           IIIA-1       6.750000%
IIIA-2         0.00000000         5.62500000     1000.00000000                                           IIIA-2       6.750000%
IIIA-3         0.00000000         5.62500000     1000.00000000                                           IIIA-3       6.750000%
  A-X                 N/A         0.58215465      972.83534660                                             A-X        0.710096%
  A-P          2.37787423                N/A      995.13297627                                             A-P              N/A
  A-R          0.00000000         0.00000000        0.00000000                                             A-R        6.750000%
   M           0.98375668         5.61953642      998.04483229                                              M         6.750000%
  B-1          0.98375654         5.61953721      998.04483353                                             B-1        6.750000%
  B-2          0.98375897         5.61953509      998.04483111                                             B-2        6.750000%
  B-3          0.98375472         5.61953774      998.04483962                                             B-3        6.750000%
  B-4          0.98375849         5.61953208      998.04483019                                             B-4        6.750000%
  B-5          0.98375582         5.61953308      998.04483217                                             B-5        6.750000%
--------------------------------------------------------------------------                             -------------------------

(C) COPYRIGHT 1998, THE CHASE MANHATTAN BANK
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

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



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


DISTRIBUTION DATE:    25-Nov-98                                                                                            PAGE # 2
RECORD DATE:          31-Oct-98




<S>                   <C>                                                                                        <C>         
SECTION 6.02 (iii)      AGGREGATE PRINCIPAL PREPAYMENT AMOUNT                                                          2,593,845.17
                        AGGREGATE REPURCHASE PROCEEDS AMOUNT                                                                   0.00


SECTION 6.02 (iv)       AGGREGATE SERVICER ADVANCES                                                                            0.00


SECTION 6.02 (v)        NUMBER OF OUTSTANDING MORTGAGE LOANS                                                               2,055
                        ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL                                        257,937,522.84


SECTION 6.02 (vi)       SERVICING FEES                                                                                    67,457.23


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

                        --------------------------------------------------------------------------------------------------------
                                     CATEGORY                            COUNT                         AGG. PRIN. BAL.
                        --------------------------------------------------------------------------------------------------------
                                     1 MONTH                               20                                      2,152,834.63
                                     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                             94.16%                                  245,565,539.88
                                     CLASS M                             2.54%                                     6,618,566.40
                                     CLASS B                             3.30%                                     8,604,136.94
                        --------------------------------------------------------------------------------------------------------

                        NON-PO CLASS A PERCENTAGE                                                                          94.16136%
                        NON-PO CLASS A PREPAYMENT PERCENTAGE                                                              100.00000%

                        CREDIT SUPPORT LEVEL

                                                           ---------------------------------------------------------------------
                                                                         CLASS                         CREDIT SUPPORT
                                                           ---------------------------------------------------------------------
                                                                                              ----------------------------------
                                                                           M                                3.30%
                                                                          B-1                               1.93%
                                                                          B-2                               1.12%
                                                                          B-3                               0.71%
                                                                          B-4                               0.46%
                                                           ---------------------------------------------------------------------



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
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>