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CHASE MORTGAGE FINANCE CORP. $391.2M SERIES 1993G CLASS A RATED 'AAA' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, June 1 /PRNewswire/ -- Chase Mortgage Finance Corp.'s $391.2 million multiclass mortgage pass-through certificates, Series 1993G, Class A, are rated "AAA" by Fitch. The $7.2 million Class M is rated "AA". The ratings are based on the high quality of the mortgage collateral, credit support, integrity of the legal and financial structures, and excellent master servicing capabilities of Chase Home Mortgage Corp. The 4.5 percent credit support for the Class A certificates is provided by the subordinate Class M and B certificates, while the 2.75 percent credit support for the Class M certificates is provided by the subordinate Class B certificates, which are not offered.
 The Class A certificates are collateralized by a pool of recently originated, fixed-rate, one- to four-family residential mortgage loans. The mortgage pool consists of loans with maturities of 30 years (55 percent), 10-20 years (39 percent), and 10- and 15-year balloon payment mortgage loans (6 percent). Approximately 18 percent of the pool consists of cash-out refinance mortgage loans, 8 percent were originated under a limited documentation program and 35 percent have balances greater than $600,000. The mortgaged properties are located primarily in Northern California (10 percent), Southern California (29 percent) and New York (14 percent).
 The primary originators as well as sellers of the mortgage loans are Chase Manhattan Personal Financial Services, Chase Home Mortgage Corp., and the Chase Manhattan Bank, N.A., each of which originated approximately 57 percent, 32 percent, and 8 percent, respectively, of the mortgage loans. The mortgage loans were purchased by Chase Mortgage Finance Corp., which subsequently assigned the loans to the trust. Two real estate mortgage investment conduit elections will be made for federal income tax purposes.
 -0- 6/1/93
 /CONTACT: Michele J. Loesch, 212-908-0686, or Suzanne Michaud, 212-908-0604, both of Fitch/
 (CMB)


CO: Chase Mortgage Finance Corp. ST: New York IN: FIN SU: RTG

GK -- NY066 -- 4010 06/01/93 13:55 EDT
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Date:Jun 1, 1993
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