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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): July 28, 1999
AMERICAN RESIDENTIAL EAGLE, INC.
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(Exact name of registrant as specified in its charter)
Delaware 333-70189 33-0787975
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(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
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (858) 259-6082
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Item 7. Financial Statements and Exhibits.
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Information and Exhibits.
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(a) Financial Statements of businesses acquired.
Not applicable.
(b) Pro Forma financial information.
Not applicable.
(c) Exhibit No. Description
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25 Form T-1 Statement of Eligibility under
the Trust Indenture Act of 1939, as
amended.
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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 hereunto duly authorized.
AMERICAN RESIDENTIAL EAGLE, INC.
By: /s/ Jay M. Fuller
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Name: Jay M. Fuller
Title: President
Dated: July 28, 1999
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Exhibit Index
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Exhibit Description Page
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25 Form T-1 Statement of Eligibility under the Trust 6
Indenture Act of 1939, as amended.
<PAGE>
EXHIBIT 25
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
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___ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT
TO SECTION 305(b) (2)
NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
A U.S. National Banking Association 41-1592157
(Jurisdiction of incorporation or (I.R.S. Employer
organization if not a U.S. national Identification No.)
bank)
Sixth Street and Marquette Avenue
Minneapolis, Minnesota 55479
(Address of principal executive offices) (Zip code)
Stanley S. Stroup, General Counsel
NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION
Sixth Street and Marquette Avenue
Minneapolis, Minnesota 55479
(612) 667-1234
(Agent for Service)
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AMERICAN RESIDENTIAL EAGLE BOND TRUST 1999-2
(Exact name of obligor as specified in its charter)
Delaware Pending
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification
No.)
c/o Norwest Bank Minnesota, National Association
11000 Broken Land Parkway
Columbia, Maryland 21044
(Address of principal executive offices) (Zip code)
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American Residential Eagle Bond Trust 1999-2
Collateralized Home Equity Bonds, Series 1999-2
(Title of the indenture securities)
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<PAGE>
Item 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.
Comptroller of the Currency
Treasury Department
Washington, D.C.
Federal Deposit Insurance Corporation
Washington, D.C.
The Board of Governors of the Federal Reserve System
Washington, D.C.
(b) Whether it is authorized to exercise corporate trust powers.
The trustee is authorized to exercise corporate trust powers.
Item 2. Affiliations with Obligor. If the obligor is an affiliate of the
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trustee, describe each such affiliation.
None with respect to the trustee.
No responses are included for Items 3-14 of this Form T-1 because the obligor
is not in default as provided under Item 13.
Item 15. Foreign Trustee. Not applicable.
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Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.
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Norwest Bank incorporates by reference into this Form T-1 the exhibits
attached hereto.
Exhibit 1. a. A copy of the Articles of Association of the trustee now in effect.*
Exhibit 2. a. A copy of the certificate of authority of the trustee to commence
business issued June 28, 1872, by the Comptroller of the Currency to
The Northwestern National Bank of Minneapolis.*
b. A copy of the certificate of the Comptroller of the Currency dated January 2, 1934,
approving the consolidation of The Northwestern National Bank of Minneapolis
and The Minnesota Loan and Trust Company of Minneapolis, with the surviving entity being
titled Northwestern National Bank and Trust Company of Minneapolis.*
c. A copy of the certificate of the Acting Comptroller of the Currency dated January
12, 1943, as to change of corporate title of Northwestern National Bank and Trust Company
of Minneapolis to Northwestern National Bank of Minneapolis.*
d. A copy of the letter dated May 12, 1983 from the Regional Counsel, Comptroller of the
Currency, acknowledging receipt of notice of name change effective May 1, 1983 from
Northwestern National Bank of Minneapolis to Norwest Bank Minneapolis, National
Association.*
e. A copy of the letter dated January 4, 1988 from the Administrator of National Banks for
the Comptroller of the Currency certifying approval of consolidation and merger
effective January 1, 1988 of Norwest Bank Minneapolis, National Association with
various other banks under the title of "Norwest Bank Minnesota, National Association."*
Exhibit 3. A copy of the authorization of the trustee to exercise corporate trust powers issued
January 2, 1934, by the Federal Reserve Board.*
Exhibit 4. Copy of By-laws of the trustee as now in effect.*
Exhibit 5. Not applicable.
Exhibit 6. The consent of the trustee required by Section 321(b) of the Act.
Exhibit 7. A copy of the latest report of condition of the trustee published pursuant to law or the requirements
of its supervising or examining authority.**
Exhibit 8. Not applicable.
Exhibit 9. Not applicable.
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* Incorporated by reference to exhibit number 25 filed with
registration statement number 33-66026 filed by Sun Rizon
Home, Inc.
** Incorporated by reference to exhibit number 25 filed with
registration statement number 333-43005 filed by Park Ohio
Industries, Inc.
SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the
trustee, Norwest Bank Minnesota, National Association, a national banking
association organized and existing under the laws of the United States of
America, has duly caused this statement of eligibility to be signed on its
behalf by the undersigned, thereunto duly authorized, all in the City of
Columbia and State of Maryland on the 28th day of July, 1999.
NORWEST BANK MINNESOTA,
NATIONAL ASSOCIATION
/s/ Amy Wahl
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Amy Wahl
Assistant Vice President
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EXHIBIT 6
July 28, 1999
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
In accordance with Section 321(b) of the Trust Indenture Act of 1939, as
amended, the undersigned hereby consents that reports of examination of the
undersigned made by Federal, State, Territorial, or District authorities
authorized to make such examination may be furnished by such authorities to the
Securities and Exchange Commission upon its request therefor.
Very truly yours,
NORWEST BANK MINNESOTA,
NATIONAL ASSOCIATION
/s/ Amy Wahl
Amy Wahl
Assistant Vice President
<PAGE>
BROWN & WOOD LLP
815 Connecticut Ave., N.W.
Washington, DC 20006-4004
Telephone: (202) 973-0600
Facsimile: (202) 223-0485
July 28, 1999
BY MODEM
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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
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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 financial
statements and exhibits in connection with the above-referenced transaction.
Very truly yours,
/s/ Timothy P. Sadler
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Timothy P. Sadler
Enclosure
