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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) June 7, 1999
Residential Asset Funding Corporation
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(Exact name of registrant as specified in its charter)
North Carolina 333-64775 56-2064715
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(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer
Incorporation) Identification No.)
301 South College Street
Charlotte, North Carolina 28288-0610
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (704) 374-4868
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No Change
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(Former name or former address, if changed since last report)
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Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibit 25.1. Form T-1 Statement of Eligibility.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
RESIDENTIAL ASSET FUNDING CORPORATION,
as Depositor and on behalf of RBMG Funding Co.
Mortgage Loan Trust 1999-1
Registrant
By: /s/ Shanker Merchant
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Name: Shanker Merchant
Title: Senior Vice President
Dated: June 7, 1999
2
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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Exhibit 25.1. Form T-1 Statement of Eligibility
3
EXHIBIT 25.1
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b) (2)
THE BANK OF NEW YORK
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(Exact name of trustee as specified in its charter)
New York 13-5160382
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(State of incorporation (I. R. S. employer
if not a U. S. national bank) identification no.)
One Wall Street, New York, NY 10286
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(Address of principal executive offices) (Zip code)
Resource Funding Co. Mortgage Loan Trust 1999-1
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(Exact name of obligor as specified in its charter)
Delaware N/F
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(State or other jurisdiction of (I. R. S. employer
incorporation or organization) identification no.)
C/O First Union Trust Co.
1 Rodney Square
920 Kings Street
Suite 102
Wilmington, Delaware 19801
Debt Securities
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(Title of the indenture securities)
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1. General information. Furnish the following information as to the Trustee:
(a) Name and address of each examining or supervising authority to which it
is subject.
Name Address
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Superintendent of Banks of the State 2 Rector Street, New York,
New York NY 10006, and Albany, NY 12203
Federal Reserve Bank of New York 33 Liberty Plaza, New York
NY 10045
Federal Deposit Insurance Corporation Washington, DC 20429
New York Clearing House Association New York, NY 10005
(b) Whether it is authorized to exercise corporate trust powers.
Yes.
2. Affiliations with Obligor.
If the obligor is an affiliate of the trustee, describe each such
affiliation.
None.
16. List of Exhibits.
Exhibits identified in parentheses below, on file with the Commission, are
incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29
under the Trust Indenture Act of 1939 (the "Act" and 17 C. F. R. 229.10 (d).
1. A copy of the Organization Certificate of The Bank of New York (formerly
Irving Trust Company) as now in effect, which contains the authority to commence
business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to
Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215,
Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672
and Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637.)
4. A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form
T-1 filed with Registration Statement No. 33-31019.)
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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, the
Trustee, The Bank of New York, a corporation organized and existing under the
laws of the State of New York, has duly caused this statement of eligibility to
be signed on its behalf by the undersigned, thereunto duly authorized, all in
the city of New York and State of New York, on the 11th day of June, 1999.
The Bank of New York
By: /s/Anna H. Felt
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Anna H. Felt
Assistant Treasurer
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