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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): September 23, 1998
INDYMAC ABS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 333-51609 95-4685267
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(State or Other Jurisdiction of (Commission File (I.R.S. Employer
Incorporation) Number) Identification No.)
155 North Lake Avenue
Pasadena, California 91101
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(Address of Principal Executive (Zip Code)
Offices)
Registrant's telephone number, including area code (800) 669-2300
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Item 5. Other Events.
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Filing of Derived Materials.
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In connection with the offering of the IndyMac Home Equity Mortgage
Loan Asset-Backed Trust, Home Equity Loan Asset-Backed Certificates, Series SPMD
1998-A (the "Certificates"), Merrill Lynch & Co., NationsBanc Montgomery
Securities LLC and Countrywide Securities Corporation, as underwriters of the
Certificates (the "Underwriters"), have prepared certain materials (the "Derived
Materials") for distribution to its potential investors. Although IndyMac ABS,
Inc. (the "Company") provided the Underwriters with certain information
regarding the characteristics of the Mortgage Loans (the "Loans") in the related
portfolio, it did not participate in the preparation of the Derived Materials.
Concurrently with the filing hereof, pursuant to Rule 311(i) of Regulation S-T,
the Company is filing the Derived Materials by paper filing on Form SE.
For purposes of this Form 8-K, Derived Materials shall mean computer
generated tables and/or charts displaying, with respect to the Certificates, any
of the following: yield; average life, duration; expected maturity; interest
rate sensitivity; loss sensitivity; cash flow characteristics; background
information regarding the Loans; the proposed structure; decrement tables; or
similar information (tabular or otherwise) of a statistical, mathematical,
tabular or computational nature. The Derived Materials are attached hereto as
Exhibit 99.1.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Derived Materials
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
INDYMAC ABS, INC.
By: /s/ John Kim
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Name: John Kim
Title: Vice President
Dated: September 22, 1998
Exhibit Index
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Exhibit Page
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99.1 Derived Materials.............................................8
EXHIBIT 99.1
In accordance with Rule 311(i) of Regulation S-T, the Derived Materials
are being filed on paper pursuant to Form SE.
