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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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 4, 1997
Transamerica Consumer Mortgage Receivables Corporation
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(Exact name of the registrant as specified in its charter)
Delaware 333-00282 33-0688964
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(State or other (Commission file number (I.R.S. employer
jurisdiction of identification number)
incorporation)
1150 South Olive Street, Suite 2800, Los Angeles, CA 90015
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(Address of principal executive office) (Zip code)
Registrant's telephone number, including area code: (213) 742-4865
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(Former name or former address, if changed since last report)
Exhibit Index Located on Page 2
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Items 1 through 4, 6 and 8 are not included because they are not applicable.
Item 5. Other Events.
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Incorporation of certain documents by reference.
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Pursuant to Rule 411 of Regulation C under the Securities Act of 1933
and in reliance upon AMBAC Indemnity Corporation, SEC No-Action Letter (December
19, 1996), Transamerica Consumer Mortgage Receivables Corporation (the
"Company") will incorporate by reference to the consolidated financial
statements of Ambac Assurance Corporation and its subsidiaries as of December
31, 1996 and December 31, 1995, and for the three year period ending December
31, 1996, included in the Current Report on Form 8-K of Ambac Financial Group,
Inc. (formerly AMBAC Inc) (which was filed with the Securities and Exchange
Commission on March 12, 1997) and the consolidated financial statements of Ambac
Assurance Corporation and its subsidiaries as of September 30, 1997, and for the
periods ending September 30, 1997 and September 30, 1996, included in the
Quarterly Report on Form 10-Q of Ambac Financial Group, Inc. for the period
ended September 30, 1997 (which was filed with the Securities Exchange
Commission on November 14, 1997) into (i) this current report on Form 8-K; (ii)
the Company's registration statement (File No. 333-00282); and (iii) the
prospectus supplement dated December 4, 1997 relating to the TFC Home Equity
Loan Asset-Backed Certificates, Series 1997-1.
In connection with the incorporation of such documents by reference,
the Company is hereby filing the consent of KPMG Peat Marwick LLP to use its
name in such prospectus supplement. The consent of KPMG Peat Marwick LLP is
attached hereto as Exhibit 23.1
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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(a) Not applicable
(b) Not applicable
(c) Exhibits
Exhibit Sequential
Number Numbered
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Page
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23.1 Consent of KPMG Peat Marwick LLP
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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 thereunto duly authorized.
TRANSAMERICA CONSUMER
MORTGAGE RECEIVABLES
CORPORATION
By: /s/ Steve McAvoy
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Name: Steve McAvoy
Title: Vice-President and Controller
Dated: December 5, 1997
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December 5, 1997
OFICS Filer Support
Mail Stop 0-7
6432 General Green Way
Alexandria, VA 22313-2413
Re: Transamerica Consumer Mortgage Receivables Corporation
Registration Statement of Form S-3
SEC File No. 333-00282
Form 8-K
Ladies and Gentlemen:
On behalf of Transamerica Consumer Mortgage Receivables Corporation (the
"Registrant"), we transmit for filing by EDGAR a report on Form 8-K including
the consent of KPMG Peat Marwick LLP to the incorporation by reference of the
consolidated financial statements of Ambac Assurance Corporation in the
Registration Statement of the Registrant and in the prospectus supplement of the
Registrant dated December 4, 1997.
If you have any questions regarding the attached, please contact me at
(415) 773-5458, Dora Mao at (415) 773-5628 or Mark Levie at (415) 773-5955.
Sincerely,
/s/ Bruce J. Grant
Bruce J. Grant
