<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 1999
Purpose: To supplement in part Part IV, Item 14(c) of Company's
previously filed Form 10-K in order to file as an
exhibit the Annual Servicing Report of Company's
Independent Public Accountants.
Commission File No. 0-21971
REVOLVING HOME EQUITY LOAN TRUST 1996-2
(Exact name of Registrant as specified in Department
of the Treasury, Internal Revenue Service Form SS-4)
HOUSEHOLD FINANCE CORPORATION
(Master Servicer of the Trust)
(Exact name as specified in Master Servicer's charter)
DELAWARE 36-3670374
(State or other jurisdiction of (I.R.S. Employer Identification
incorporation of Master Servicer) Number of Registrant)
2700 SANDERS ROAD, PROSPECT HEIGHTS, ILLINOIS 60070
(Address of principal executive offices of Master (Zip Code)
Servicer)
Servicer's telephone number, including area code
(847)564-5000
<PAGE>
<PAGE> 2
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Master Servicer has duly
caused this report to be signed on behalf of the Revolving Home
Equity Loan Trust 1996-2 by the undersigned, thereunto duly
authorized.
HOUSEHOLD FINANCE CORPORATION,
as Master Servicer of and on behalf of the
REVOLVING HOME EQUITY LOAN TRUST 1996-2
(Registrant)
Date: May 8, 2000 By:/s/ John W. Blenke
John W. Blenke
Assistant Secretary
<PAGE>
<PAGE> 3
Exhibit Index
Exhibit No. Exhibit
99 Copy of Independent Public Accountants Annual Servicing
Report dated January 14, 2000.
<PAGE> 1
Report of Independent Public Accountants
To Household Finance Corporation:
We have audited, in accordance with generally accepted auditing
standards, the consolidated financial statements of Household
Finance Corporation (the "Company") and subsidiaries as of
December 31, 1999 and have issued our report thereon dated
January 14, 2000. We have not audited any financial statements
of the Company as of any date or for any period subsequent to
December 31, 1999, or performed any audit procedures subsequent
to the date of our report on those statements.
In connection with our audit, nothing came to our attention that
caused us to believe that the Company was not in compliance with
any of the terms, covenants, provisions, or conditions of the
Pooling and Servicing Agreement (the "Agreement"), dated November
1, 1996, in conjunction with the Revolving Home Equity Loan Asset
Backed Certificates Series 1996-2 insofar as they relate to
accounting matters. It should be noted, however, that our audit
was not directed primarily toward obtaining knowledge of such
noncompliance.
As a part of our audit, we made a study and evaluation of the
Company's system of internal accounting controls over the
Company's home equity loan portfolio, including those loans
serviced under the Agreement to the extent we considered
necessary to evaluate the system as required by generally
accepted auditing standards. In accordance with these standards,
the purpose of our study and evaluation, which included obtaining
an understanding of the accounting systems, was to determine the
nature, timing and extent of the auditing procedures necessary
for expressing an opinion on the financial statements. Our study
and evaluation also took into consideration certain of the
criteria and audit requirements in the Audit Guide for Audits of
Non-Supervised Mortgages Approved by the Department of Housing
and Urban Development. However, certain procedures included in
the audit guide are not applicable to the home equity loans being
serviced for the Trustee, and therefore, were not performed.
Our audit disclosed no exceptions or errors in records relating
to home equity loans serviced for the Trustee that, in our
opinion, Section 3.10 of the Agreement required us to report.
This report is intended solely for the information and use of the
Board of Directors and management of the Company and should not
be used for any other purpose.
Chicago, Illinois
January 14, 2000