-------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
February 6, 1998
FIRSTPLUS Investment Corporation
------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Nevada 333-26527 75-2596063
----------------------------- -------------- ----------------
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
3773 Howard Hughes Parkway
Suite 300N
Las Vegas, Nevada 89109
----------------------------- -------------
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code: (702) 866-2236
No Change
____________________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events./F1/
------------
Filed concurrently herewith under Form SE are certain materials (the
"Computational Materials") furnished to the Registrant by PaineWebber
Incorporated, as representative of the underwriters (the "Representative") in
respect of FIRSTPLUS Home Loan Owner Trust 1998-1, Class A1, Class A2,
Class A3, Class A4, Class A5, Class A6, Class A7, Class A8, Class M1
and Class M2 Notes (the "Notes"). The Notes are being offered pursuant to a
Prospectus Supplement, dated January 30, 1998, and a Prospectus, dated
September 10, 1997 (together, the "Prospectus"), which are being filed with
the Commission pursuant to Rule 424(b) under the Securities Act of 1933, as
amended (the "Act"). The Securities have been registered pursuant to the Act
under a Registration Statement on Form S3 (No. 333-26527) (the "Registration
Statement"). The Computational Materials are incorporated by reference in
the Registration Statement.
The Computational Materials were prepared solely by the Representative
and the Registrant did not prepare or participate (other than providing the
background information concerning the underlying pool of assets upon which
the Computational Materials are based to the Representative) in the
preparation of the Computational Materials.
Any statements or information contained in the Computational Materials
shall be deemed to be modified or superseded for purposes of the Prospectus
and the Registration Statement by statements or information contained in the
Prospectus.
- ---------------
/F1/ Capitalized terms used but not otherwise defined herein shall have
the same meanings ascribed to them in the Prospectus.
Item 7. Financial Statements; Pro Forma Financial Information and
Exhibits.
----------------------------------------------------------
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Computational Materials. (P)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FIRSTPLUS Investment Corporation
By: /s/ Lee F. Reddin
---------------------
Name: Lee F. Reddin
Title: Vice President
Dated: February 10, 1998
EXHIBIT INDEX
-------------
Exhibit No. Description Page No.
----------- ----------- ---------
99.1 Computational Materials P
EXHIBIT 99.1 COMPUTATIONAL MATERIALS (P)
