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CHASE MORTGAGE FINANCE CORP. SERIES 1992D CLASS A RATED 'AAA' BY FITCH --FITCH FINANCIAL WIRE (FFW)--

CHASE MORTGAGE FINANCE CORP. SERIES 1992D CLASS A RATED 'AAA' BY FITCH
 --FITCH FINANCIAL WIRE (FFW)--
 NEW YORK, April 23 /PRNewswire/ -- Chase Mortgage Finance Corp.'s $562 million Multi-Class Mortgage Pass-Through certificates, Series 1992D, Class A are rated 'AAA' by Fitch. The rating reflects the high quality of the mortgage collateral, the excellent master servicing capabilities of Chase Home Mortgage Corp., and loss protection provided by the 5.0 percent and 5.5 percent subordinated Class IB and Class IIB certificates, respectively.
 Two separate pools of recent origination fixed-rate mortgage loans collateralize the Class IA and Class IIA certificates. Approximately 86 percent of the Mortgage Group One pool consists of mortgage loans with original terms of 10 and 15 years and at least 13 percent of the pool are 10 and 15-year balloon loans. The Mortgage Group Two pool is comprised primarily of 20 to 30-year mortgage loans (93 percent) while the remainder are 15-year balloon loans. The weighted average original loan-to-value ratio for both pools is approximately 64 percent and the mortgaged properties are located primarily in California (40 percent) and New York (17 percent). In addition, cash-out refinancings account for approximately 37 percent of the total pool and 14.4 percent of all the mortgage loans are secured by condominium units, attached planned unit developments, or townhomes.
 Several Chase entities originated the mortgage loans, although approximately 88 percent of all the mortgage loans were originated by either Chase Manhattan Personal Financial Services, Inc., or Chase Home Mortgage Corp. All loans were sold to Chase Mortgage Finance Corp., which sold the loans to the trust. Two real estate mortgage investment conduit elections will be made for federal income tax purposes.
 -0- 4/23/92
 /CONTACT: Mary Sue Lundy, 212-908-0526 or Michele J. Loesch 212-908-0500, both of Fitch/ CO: Chase Mortgage Finance Corp. ST: New York IN: FIN SU: RTG


TQ -- NY119 -- 2076 04/23/92 16:00 EDT
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Date:Apr 23, 1992
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