UNITED STATES

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 (Date of earliest event reported)

December 13, 2006

CHASE MORTGAGE FINANCE CORPORATION (as Depositor under the Pooling and Servicing Agreement and the Trust Agreement, each dated as of November 1, 2006, providing for the issuance of Chase Mortgage Finance Trust Multi-Class Mortgage Pass-Through Certificates, Series 2006-S4)

Chase Mortgage Finance Trust Series 2006-S4

(Issuing Entity)

Chase Mortgage Finance Corporation

(Depositor)

Chase Home Finance LLC

(Sponsor)

Chase Mortgage Finance Corporation

(Registrant)

Delaware
(State or Other Jurisdiction
Of Incorporation)

333-130223
(Commission
File Number)

52-1495132
(I.R.S. Employer
Identification No.)

194 Wood Avenue South, 3^rd Floor
Iselin, New Jersey
(Address of Principal Executive Offices)

08830
(Zip Code)

Registrant’s telephone number, including area code: (732) 205-0600

No Change

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events

The Registrant registered issuances of Chase Mortgage Finance Trust Series 2006-S4 Multi-Class Mortgage Pass-Through Certificates on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, as amended (the “Act”), by a Registration Statement on Form S-3 (Registration File No. 333-130223 (the “Registration Statement”)). Pursuant to the Registration Statement, the Registrant issued $529,816,763 in aggregate principal amount Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-13, Class A-14, Class A-15, Class A-16, Class A-17, Class A-18, Class A-19, Class A-20, Class A-21, Class A-22, Class A-23, Class A-X, Class A-P, Class A-R, Class A-M, Class M-1, Class B-1, Class B-2, Class B-3, Class B-4, and Class B-5 Certificates of its Chase Mortgage Finance Trust Series 2006-S4 Multi-Class Mortgage Pass-Through Certificates, Series 2006-S4 on November 28, 2006.

This Current Report on Form 8-K is being filed to satisfy an undertaking, contained in the definitive Prospectus, dated November 27, 2006, as supplemented by the Prospectus Supplement, dated November 27, 2006 (collectively, the “Prospectus Supplement”), to file a copy of the Pooling and Servicing Agreement (as defined below) executed in connection with the issuance of the Certificates, a form of which was filed as an exhibit to the Registration Statement.

The Certificates (as defined below) were issued pursuant to a Pooling and Servicing Agreement or a Trust Agreement, attached hereto as Exhibits 4.1 and 99.2, respectively. The Pooling and Servicing Agreement is dated as of November 1, 2006, by and among Chase Mortgage Finance Corporation, as depositor, JPMorgan Chase Bank, N.A., as servicer, JPMorgan Chase Bank, N.A., as custodian and The Bank of New York Trust Company, N.A., as paying agent and trustee. The Trust Agreement is dated as of November 1, 2006, by and among Chase Mortgage Finance Corporation, as depositor and The Bank of New York Trust Company, N.A., as paying agent and trustee. The Certificates (consisting of the classes listed above) evidence all the beneficial ownership interest in a trust fund (the “Trust Fund”) that consists primarily of a pool of certain fixed rate, first lien residential mortgage loans (the “Mortgage Loans”) with an aggregate outstanding principal balance of approximately $529,816,763 as of November 1, 2006. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to them in the Pooling and Servicing Agreement.

The Mortgage Loan Sale Agreement, dated as of November 1, 2006, between Chase Home Finance LLC and Chase Mortgage Finance Corporation is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits

(a) Not applicable.

(b) Not applicable.

(d) Exhibits:

4.1

Pooling and Servicing Agreement, dated as of November 1, 2006, among Chase Mortgage Finance Corporation, as Depositor, JPMorgan Chase Bank, N.A., as Servicer, JPMorgan Chase Bank, N.A., as Custodian and The Bank of New York Trust Company, N.A., as Paying Agent and Trustee.

99.1

Mortgage Loan Sale Agreement, dated as of November 1, 2006, between Chase Home Finance LLC and Chase Mortgage Finance Corporation.

99.2

Trust Agreement, dated as of November 1, 2006, among Chase Mortgage Finance Corporation, as Depositor and The Bank of New York Trust Company, N.A., as Paying Agent and Trustee.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		CHASE MORTGAGE FINANCE CORPORATION
		By:	/s/ Bruce Friedman

			Name: Bruce Friedman
			Title: Authorized Signatory

Dated: December 13, 2006

EXHIBIT INDEX

Exhibit No.		Description


4.1		Pooling and Servicing Agreement, dated as of November 1, 2006, among Chase Mortgage Finance Corporation, as Depositor, JPMorgan Chase Bank, N.A., as Servicer, JPMorgan Chase Bank, N.A., as Custodian and The Bank of New York Trust Company, N.A., as Paying Agent and Trustee.

99.1		Mortgage Loan Sale Agreement, dated as of November 1, 2006, between Chase Home Finance LLC and Chase Mortgage Finance Corporation.

99.2		Trust Agreement, dated as of November 1, 2006, among Chase Mortgage Finance Corporation, as Depositor and The Bank of New York Trust Company, N.A., as Paying Agent and Trustee.

Chase Mortgage Finance Trust Series 2006-S4 8-K