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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) March 30, 1998
IMPAC SECURED ASSETS CORP. (as depositor under an Amended and Restated Trust
Agreement, dated as of March 31, 1998, and pursuant to which an Indenture was
entered into, providing for, inter alia, the issuance of Collateralized
Asset-Backed Notes, Series 1998-1)
IMPAC SECURED ASSETS CORP.
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(Exact name of registrant as specified in its charter)
California 333-40125 33-0705301
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
20371 Irvine Avenue
Santa Ana Heights, California 92707
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code, is (714) 556-0122
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Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Not applicable
(b) Not applicable
(c) Exhibits:
Item 601(a) of
Regulation S-K
Exhibit No. Exhibit No. Description
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1 23 Consent of Wolf & Richards,
A Law Corporation, special
counsel to Impac Companies
with respect to the Impac
Secured Assets CMN Trust
Series 1998-1,
Collateralized Asset-Backed
Notes, Series 1998-1.
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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.
IMPAC SECURED ASSETS CORP.
By: /s/ Richard J. Johnson
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Name: Richard J. Johnson
Title: Chief Financial Officer
Dated: March 30, 1998
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EXHIBIT INDEX
Item 601(a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Page
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1 23 Consent of Counsel
EXHIBIT 1
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CONSENT OF COUNSEL
In connection with the Impac Secured Assets CMN Trust Series 1998-1,
Collateralized Asset-Backed Notes, Series 1998-1, we consent to the use of our
name in the Prospectus Supplement of Impac Secured Assets Corp. (the
"Registrant") dated March 30, 1998 (the "Prospectus Supplement") under the
heading "Legal Opinions".
WOLF & RICHARDS,
A LAW CORPORATION
Newport Beach, California
March 24, 1998