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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 24, 2000
INDYMAC ABS, INC., (as depositor under the Pooling
and Servicing Agreement, dated as of July 1, 2000 providing for
the issuance of the INDYMAC ABS, INC., Home Equity
Mortgage Loan Asset-Backed Trust, Series SPMD 2000-B).
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 (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
155 North Lake Avenue
Pasadena, California 91101
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (800) 669-2300
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Item 5. Other Events.
Filing of Computational Materials
Pursuant to Rule 424(b) under the Securities Act of 1933, concurrently
with, or subsequent to, the filing of this Current Report on Form 8-K (the
"Form 8-K"), IndyMac ABS, Inc. (the "Company") is filing a prospectus and
prospectus supplement with the Securities and Exchange Commission relating to
its Home Equity Mortgage Loan Asset-Backed Trust, Series SPMD 2000-B.
In connection with the offering of the Asset-Backed Certificates, Series
SPMD 2000-B, Banc of America Securities LLC ("Banc of America"), as
underwriter of the Offered Certificates, has prepared certain materials (the
"Banc of America Computational Materials") for distribution to their potential
investors. Although the Company provided Banc of America with certain
information regarding the characteristics of the Mortgage Loans in the related
portfolio, the Company did not participate in the preparation of the Banc of
America Computational Materials.
For purposes of this Form 8-K, "Computational Materials" shall mean
computer generated tables and/or charts displaying, with respect to any Class
or Classes of Certificates, any of the following: yield; average life;
duration; expected maturity; interest rate sensitivity; loss sensitivity; cash
flow characteristics; background information regarding the Mortgage Loans; the
proposed structure; decrement tables; or similar information (tabular or
otherwise) of a statistical, mathematical, tabular or computational nature.
The Banc of America Computational Materials, which are listed as Exhibit 99.1
hereto, are filed on Form SE dated July 24, 2000.
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* Capitalized terms used and not otherwise defined herein shall have
the meanings assigned to them in the prospectus and the prospectus supplement
of IndyMac ABS, Inc., relating to its Home Equity Mortgage Loan Asset-Backed
Trust, Series SPMD 2000-B.
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Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Banc of America Computational Materials filed on Form SE dated
July 24, 2000.
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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.
INDYMAC ABS, INC.
By: /s/ Blair Abernathy
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Blair Abernathy
Vice President
Dated: July 24, 2000
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Exhibit Index
Exhibit Page
99.1 Banc of America Computational Materials filed on Form SE
dated July 24, 2000.
