SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
[X] Annual report pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 for the period from December 3, 1997
(Commencement of Operations) to December 31, 1997.
[ ] Transition report pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 for the transition period from to
Commission File Number - 33-37569
MERRILL LYNCH MORTGAGE INVESTORS, INC.
(Exact name of registrant as specified in its charter)
Delaware 13-3416059
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
World Financial Center
North Tower, 10th Floor
250 Vesey Street
New York, New York 10281-1310
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code : (212) 449-0336
Mortgage Loan Asset Backed Certificates, Series 1997-FF3
(Title of each class of securities covered by this form)
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act: None
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes [X] No [ ]
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained,
to the best of registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [X]
Page 1 of 6
This report consists of 6 consecutively numbered pages.
Documents incorporated by reference: none
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MERRILL LYNCH MORTGAGE INVESTORS, INC.
Mortgage Loan Asset Backed Certificates, Series 1997-FF3
- - --------------------------------------------------------
TABLE OF CONTENTS
Page
PART I
Item 1. Business....................................................3
Item 2. Properties..................................................3
Item 3. Legal Proceedings...........................................3
Item 4. Submission of Matters to a Vote of Security Holders.........3
PART II
Item 5. Market for Registrant's Common Equity and Related
Stockholder Matters.........................................3
Item 6. Selected Financial Data.....................................3
Item 7. Management's Discussion and Analysis of Financial
Condition and Results of Operations.........................3
Item 8. Financial Statements and Supplementary Data.................3
Item 9. Changes in and Disagreements with Accountants on
Accounting and Financial Disclosure.........................3
PART III
Item 10. Directors and Executive Officers of the Registrant..........3
Item 11. Executive Compensation......................................3
Item 12. Security Ownership of Certain Beneficial
Owners and Management..................................3
Item 13. Certain Relationships and Related Transactions..............3
PART IV
Item 14. Exhibits, Financial Statement Schedules and
Reports on Form 8-K.........................................4
SIGNATURE................................................................5
Supplemental Information to be Furnished with Reports Filed
Pursuant to Section 15(d) of the Act by Registrants Which
Have Not Registered Securities Pursuant to Section 12 of the Act.........6
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PART I
Item 1. Business
Omitted.
Item 2. Properties
Omitted.
Item 3. Legal Proceedings
The Registrant is not aware of any material legal proceeding with respect to a
Pool, the Trustee, the Servicer or Merrill Lynch Mortgage Investors, Inc., with
respect to a Pool, other than ordinary routine litigation incidental to the
duties of the Trustee or Servicer under the related Pooling and Servicing
Agreement.
Item 4. Submission of Matters to a Vote of Security Holders
No matter was submitted to a vote or consent of Certificateholders during the
fiscal year covered by this report.
PART II
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters
The Trust does not issue stock. There is currently no established secondary
market for the Certificates. As of January 27, 1998, there were eleven (11)
Certificateholders.
Item 6. Selected Financial Data
Omitted.
Item 7. Management's Discussion and Analysis of Financial condition and Results
of Operations
Omitted.
Item 8. Financial Statements and Supplementary Data
Omitted.
Item 9. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure
There was no change of accountants or disagreement with accountants on any
matter of accounting principles or practices or financial disclosure.
PART III
Item 10. Directors and Executive Officers of the Registrant
Omitted.
Item 11. Executive Compensation
Omitted.
Item 12. Security Ownership of Certain Beneficial Owners and Management
Omitted.
Item 13. Certain Relationships and Related Transactions
Omitted.
<PAGE>
PART IV
Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K
(a) The following documents are filed as part of this report:
(1) Financial Statements:
Omitted.
(2) Financial Statement Schedules:
Omitted.
(3) Exhibits:
Omitted.
(b) Reports on Form 8-K: The following Current Reports on Form 8-K were
filed by the Registrant.
A Current Report on Form 8-K, dated December 22, 1997, was filed for the
purpose of filing the Monthly Statement sent to the Holders of the Offered
Certificates for Payments made on the same dates. The items reported in such
Current Report were Item 5 (Other Events).
(c) Exhibits to this report are listed in Item (14)(a)(3) above.
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SIGNATURE
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.
CHASE BANK OF TEXAS, N.A.
not in its individual capacity but solely
as Trustee under the Agreement referred
to herein
Date: March 31, 1998 By: /s/ Bill Marshall
----------------
Bill Marshall
Vice President & Trust Officer
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SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION
15(D) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO
SECTION 12 OF THE ACT.
The registrant has not sent an annual report or proxy material to its security
holders. The registrant will not be sending an annual report or proxy material
to its security holders subsequent to the filing of this form.
