-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UFmzNlE55APYe4OxCXQwn/9CK5HHn5LkFkXiEmKyxDwttN715GDGc8E/po1htc8b 6gwIEyzvaZLCs3jEI0OdLw== 0000835271-99-000004.txt : 19990112 0000835271-99-000004.hdr.sgml : 19990112 ACCESSION NUMBER: 0000835271-99-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981228 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990111 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE MANHATTAN ACCEPTANCE CORP /DE/ CENTRAL INDEX KEY: 0000832329 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133456395 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-21488 FILM NUMBER: 99504198 BUSINESS ADDRESS: STREET 1: 343 THORNWALL STREET CITY: EDISON STATE: NJ ZIP: 08837 BUSINESS PHONE: 2123106161 MAIL ADDRESS: STREET 1: 270 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL ACCEPTANCE CORP DATE OF NAME CHANGE: 19930915 8-K 1 FORM 8-K AS OF 12/28/98 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: December 28, 1998 CHASE MANHATTAN ACCEPTANCE CORPORATION -------------------------------------------------- (Exact Name of Registrant) Delaware 33-68724 13-3456395 -------------- ------------- ------------------ (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 343 Thornwall Street, Edison, New Jersey 08837 ---------------------------------------------------- Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (732) 205-0600 Item 5. Other Events. On or about 12/28/98, Chase Manhattan Acceptance Corporation (the "Depositor") made the distributions to holders of its Multi-Class Mortgage Pass-Through Certificates, Series 1998-S5 as contemplated by the Series Pooling and Servicing Agreement (the "Pooling and Servicing Agreement"), among the Depositor, Chase Funding, Inc. as Servicer and Citibank, N.A. as Trustee. Copies of the Certificateholders' Reports with respect to such distributions delivered pursuant to Section 6.02 of the Pooling and Servicing Agreement are being filed as exhibits to this Current Report on Form 8-K. Item 7(c). Exhibits Exhibits Description -------- ----------- 20.1 Monthly Reports with respect to the December 28, 1998 distribution SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: January 11, 1998 THE CHASE MANHATTAN BANK, as Paying Agent, on behalf of Chase Manhattan Acceptance Corp. By: /s/Andrew Cooper ------------------- Name: Andrew Cooper Title: Trust Officer INDEX TO EXHIBITS ----------------- Exhibit No. Description ----------- ----------- 20.1 Monthly Reports with respect to the distribution to Certificateholders on December 28, 1998. EX-20.1 2 MONTHLY REPORTS - ------------------------------------------------------------------------------------------------------------------------------------ CHASE MORTGAGE FINANCE TRUST MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-S5 STATEMENT TO CERTIFICATEHOLDERS - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ DISTRIBUTION DATE: 28-Dec-98 PAGE # 1 RECORD DATE: 30-Nov-98 - ------------------------------------------------------------------------------------------------------------------------------------ ORIGINAL BEGINNING COMPENSATING ENDING CERTIFICATE CERTIFICATE PRINCIPAL INTEREST TOTAL REALIZED LOSS INTEREST CERTIFICATE CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION DISTRIBUTION PRINCIPAL INTEREST SHORTFALLS BALANCE - ------------------------------------------------------------------------------------------------------------------------------------ A-1 26,000,000.00 25,208,603.25 332,359.21 136,546.60 468,905.81 0.00 0.00 0.00 24,876,244.04 A-2 3,413,903.00 3,413,903.00 0.00 18,491.97 18,491.97 0.00 0.00 0.00 3,413,903.00 A-3 12,553,500.00 12,431,592.62 41,367.49 67,337.79 108,705.28 0.00 0.00 0.00 12,390,225.13 A-4 141,000,000.00 137,526,233.35 1,436,822.98 744,933.76 2,181,756.74 0.00 0.00 0.00 136,089,410.37 A-6 20,800,000.00 20,166,882.61 265,887.36 105,035.85 370,923.21 0.00 0.00 0.00 19,900,995.25 A-P 457,673.00 450,761.01 1,690.80 N/A 1,690.80 0.00 0.00 0.00 449,070.21 A-R 100.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 M 2,100,001.00 2,079,607.82 6,920.11 11,264.54 18,184.65 0.00 0.00 0.00 2,072,687.71 B-1 1,365,001.00 1,351,745.42 4,498.08 7,321.95 11,820.03 0.00 0.00 0.00 1,347,247.34 B-2 840,000.00 831,842.73 2,768.05 4,505.81 7,273.86 0.00 0.00 0.00 829,074.68 B-3 630,000.00 623,882.05 2,076.03 3,379.36 5,455.39 0.00 0.00 0.00 621,806.02 B-4 525,000.00 519,901.71 1,730.03 2,816.13 4,546.16 0.00 0.00 0.00 518,171.68 B-5 315,003.39 311,944.38 1,038.03 1,689.70 2,727.73 0.00 0.00 0.00 310,906.35 - ------------------------------------------------------------------------------------------------------------------------------------ TOTAL 210,000,181.39 204,916,899.95 2,097,158.17 1,103,323.46 3,200,481.63 0.00 0.00 0.00 202,819,741.78 - ------------------------------------------------------------------------------------------------------------------------------------ - ----------------------------------------------------------------------------------------------------------------------- ORIGINAL BEGINNING ENDING NOTIONAL NOTIONAL INTEREST TOTAL NOTIONAL CLASS BALANCE BALANCE DISTRIBUTION DISTRIBUTION BALANCE - ----------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------- A-5 20,800,000.00 20,166,882.61 4,201.43 4,201.43 19,900,995.25 A-X 183,626,014.51 179,033,249.69 60,287.29 60,287.29 177,034,190.58 - ----------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ FACTOR INFORMATION PER $1,000 PASS THRU RATES PRINCIPAL INTEREST END. CERT. PASS-THRU CLASS DISTRIBUTION DISTRIBUTION BALANCE CLASS RATE - ------------------------------------------------------------------------------ ------------------------------------ A-1 12.78304654 5.25179231 956.77861692 A-1 6.50000000% A-2 0.00000000 5.41666532 1000.00000000 A-2 6.50000000% A-3 3.29529534 5.36406500 986.99367746 A-3 6.50000000% A-4 10.19023390 5.28321816 965.17312319 A-4 6.50000000% A-5 N/A 5.04980048 956.77861779 A-5 0.25000000% A-6 12.78304615 5.04980048 956.77861779 A-6 6.25000000% A-P 3.69434072 N/A 981.20319529 A-P N/A A-R 0.00000000 0.00000000 0.00000000 A-R 6.50000000% A-X N/A 0.32831563 964.10190600 A-X 0.40408000% M 3.29528891 5.36406411 986.99367762 M 6.50000000% B-1 3.29529429 5.36406200 986.99366521 B-1 6.50000000% B-2 3.29529762 5.36405952 986.99366667 B-2 6.50000000% B-3 3.29528571 5.36406349 986.99368254 B-3 6.50000000% B-4 3.29529524 5.36405714 986.99367619 B-4 6.50000000% B-5 3.29529787 5.36406926 986.99366378 B-5 6.50000000% - ------------------------------------------------------------------------------------ ------------------------------------ (C) COPYRIGHT 1998, THE CHASE MANHATTAN BANK - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ DISTRIBUTION DATE: 28-Dec-98 PAGE # 2 RECORD DATE: 30-Nov-98 SECTION 6.02 (iii) AGGREGATE PRINCIPAL PREPAYMENT AMOUNT 1,415,219.75 AGGREGATE REPURCHASE PROCEEDS AMOUNT 0.00 SECTION 6.02 (iv) AGGREGATE SERVICER ADVANCES 1,523,211.10 ENDING PRINCIPAL BALANCE OF OUTSTANDING MORTGAGE POOL 202,819,741.78 SECTION 6.02 (vi) SERVICING FEES 53,602.80 SECTION 6.02 (vii) NUMBER AND AGGREGATE PRINCIPAL BALANCES OF DELINQUENT MORTGAGE LOANS: ------------------------------------------------------------------------------------ CATEGORY COUNT AGG. PRIN. BAL. ------------------------------------------------------------------------------------ 1 MONTH 7 2,653,448.71 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 11,273.39 DUE PERIOD ------------------------------------------------------------------------------------- SECTION 6.02 (x) CLASS PERCENTAGE PRINCIPAL BALANCE ------------------------------ ------------------------------ ------------------------------------------------------------------------------------- CLASS A 97.21% 199,197,975.84 CLASS M 1.01% 2,079,607.82 CLASS B 1.78% 3,639,316.29 ------------------------------------------------------------------------------------- NON-PO CLASS A PERCENTAGE 97.20% NON-PO CLASS A PREPAYMENT PERCENTAGE 100.00% CREDIT SUPPORT LEVEL -------------------------------------------------------- CLASS CREDIT SUPPORT -------------------------------------------------------- ---------------------------- M 1.77600000% B-1 1.11634000% B-2 0.71040000% B-3 0.40594000% B-4 0.15223000% -------------------------------------------------------- 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 - ------------------------------------------------------------------------------------------------------------------------------------
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