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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) February 19, 1999
Advanta Mortgage Loan Trust 1999-1
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(Exact name of registrant as specified in its charter)
New York 333-52351-05 Application Pending
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
Attention: President 19477
Welsh & McKean Roads (Zip Code)
Spring House, Pennsylvania
Registrant's telephone number, including area code (215) 657-4000
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Item 5. Other Events
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The consolidated financial statements of MBIA Insurance Corporation, a
wholly-owned subsidiary of MBIA Inc., and its subsidiaries as of December 31,
1997 and 1996 and for each of the three years in the period ended December 31,
1997, included in the Annual Report on Form 10-K of MBIA, Inc. (which was filed
with the Commission on March 30, 1998, Commission File No. 001-09583) and the
unaudited consolidated financial statements of MBIA Insurance Corporation and
its subsidiaries as of September 30, 1998 and for the nine-month periods ending
September 30, 1998 and September 30, 1997 included in the Quarterly Report on
Form 10-Q of MBIA, Inc. for the period ended September 30, 1998 (which was filed
with the Commission on November 16, 1998, Commission File No. 001-09583) are
hereby incorporated by reference in (i) this Current Report on Form 8-K; (ii)
the Prospectus; (iii) the Preliminary Prospectus Supplement for Advanta
Mortgage Loan Trust 1999-1; and (iv) the Prospectus Supplement for Advanta
Mortgage Loan Trust 1999-1, and shall be deemed to be part hereof and thereof.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Not applicable
(b) Not applicable.
(c) Exhibits
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Exhibit No.
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23.1 Consent of PricewaterhouseCoopers LLP
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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.
ADVANTA MORTGAGE LOAN TRUST 1999-1
By: Advanta Mortgage Conduit Services,
Inc., as Sponsor
By: /s/ Michael Coco
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Michael Coco
Vice President
Dated: February 25, 1999
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EXHIBIT INDEX
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Exhibit No. Description Page No.
23.1 Consent of PricewaterhouseCoopers LLP 5
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EXHIBIT 23.1
CONSENT OF INDEPENDENT ACCOUNTS
We consent to the incorporation by reference in the Prospectus Supplement of
Advanta Mortgage Conduit Services, Inc. and Advanta Conduit Receivables Inc.
relating to Advanta Mortgage Loan Trust 1999-1 Mortgage Loan Asset-Backed
Certificates, Series 1999-1, of our report dated February 3, 1998, on our audits
of the consolidated financial statements of MBIA Insurance Corporation and
Subsidiaries as of December 31, 1997 and 1996 and for each of the three years in
the period ended December 31, 1997. We also consent to the reference to our firm
under the caption "Experts".
/s/ PricewaterhouseCoopers LLP
February 19, 1999
