INDYMAC ABS INC HOME EQUITY LN AST BK CERT SE SPMD 1999-A
8-K, 2000-11-13
ASSET-BACKED SECURITIES
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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): May 25, 2000

(null)

                                  (Depositor)

 (Issuer in respect of Mortgage Pass-Through Certificates, Series SPMD 1999-A)

                (Exact name of registrant as specified in charter)

Delaware                      33-63714                      95-4449516
(State or other               (Commission File No.)         (I.R.S. Employer
    jurisdiction of                                         Identification No.)
    organization)



155 Lake Avenue, Pasadena, CA                               91110-7137
(Address of principal executive offices)                    (Zip Code)


Registrant's Telephone Number, including area code: (818) 304-4428

                                 Not Applicable
              (Former name, former address and former fiscal year,
                          if changed since last report)
<PAGE>



Item 5.  Other Events

(null)
                       Mortgage Pass-Through Certificates
                               Series SPMD 1999-A

On May 25, 2000, The Bank of New York, as Trustee for , Mortgage Pass-Through
Certificates Series SPMD 1999-A, made a monthly distribution to Certificate
holders of principal and/or interest pursuant to the Pooling and Servicing
Agreement, dated as of March 1, 1999, among as Depositor, Independent National
Mortgage Corporation, Seller and Master Servicer and The Bank of New York, as
Trustee.

Item 7.  Financial Statements and Exhibits

                    (c) Exhibits

Exhibit No.                               Description

99                  Report  to  Holders  of , Mortgage Pass-Through Certificates
                    Series  SPMD 1999-A relating to the distribution date of May
                    25,  2000 prepared by The Bank of New York, as Trustee under
                    the  Pooling  and  Servicing  Agreement dated as of March 1,
                    1999.



<PAGE>



                                   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 thereunto duly authorized.

Dated: May 25, 2000


(null)


                          By: /s/ Courtney Bartholomew
                              ------------------------------
                          Name:   Courtney Bartholomew
                                  Assistant Vice-President
                                  The Bank of New York,
                                  as Trustee



<PAGE>



                                 EXHIBIT INDEX



Exhibit


99                  Monthly Remittance Statement dated May 25, 2000




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