-----------------------------------------------------------------
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): July 27, 1999
AMERICAN RESIDENTIAL EAGLE, INC.
(Exact name of registrant as specified in its charter)
Delaware 333-70189 33-0787975
- ---------------------------- ------------- ------------------
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
445 Marine View Avenue,
Suite 100
Del Mar, California 92014
- -------------------------- -----------
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (619) 259-6082
-----------------------------------------------------------------
Item 5. Other Events.
Filing of Computational Materials
Filed concurrently herewith under Form SE are certain materials (the
"Computational Materials") furnished to the Registrant by Bear, Stearns & Co.
Inc., (the "Underwriter") in respect of American Residential Eagle Bond Trust
1999-2 Collateralized Home Equity Bonds, Series 1999-2 (the "Bonds"). The
Bonds are being offered pursuant to a Prospectus Supplement, dated July 21,
1999, and a Prospectus, dated March 18, 1999 (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 Bonds have been registered
pursuant to the Act under a Registration Statement on Form S-3 (No. 333-70189)
(the "Registration Statement"). The Computational Materials are incorporated
by reference in the Registration Statement.
The Computational Materials were prepared solely by the Underwriter, 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 Underwriter) 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shall be deemed to be modified or superseded for purposes of the Prospectus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.
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, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
AMERICAN RESIDENTIAL EAGLE, INC.
By: /s/ Jay M. Fuller
----------------------------
Name: Jay M. Fuller
Title: President
Dated: July 27, 1999
Exhibit Index
Exhibit Description Page
99.1 Computational Materials P
EXHIBIT 99.1 COMPUTATIONAL MATERIALS (P)
[To be filed on Form SE pursuant to a
continuing hardship exemption]
BROWN & WOOD LLP
815 Connecticut Avenue, N.W.
Washington, D.C. 20006-4004
Telephone: (202)-973-0600
Facsimile: (202) 223-0485
July 27, 1999
VIA EDGAR
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: American Residential Eagle, Inc.
American Residential Eagle Bond Trust 1999-2
Collateralized Home Equity Bonds, Series 1999-2
Ladies and Gentlemen:
On behalf of American Residential Eagle, Inc. (the "Company"), we enclose
herewith for filing, pursuant to the Securities and Exchange Act of 1934, as
amended, the Company's Current Report on Form 8-K, for the Series Term Sheet
including Computational Materials in connection with the above-referenced
transaction.
Very truly yours,
/s/ Timothy P. Sadler
----------------------
Timothy P. Sadler
Enclosure
