ABN AMRO MORTGAGE CORP SERIES 1999-5
8-K, 1999-07-27
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)  July 26, 1999
                                                          ----------------------

         ABN AMRO MORTGAGE CORPORATION (as depositor under the Pooling and
Servicing Agreement, dated as of July 1, 1999 providing for, inter alia, the
issuance of ABN AMRO Mortgage Corporation Mortgage Pass-Through Certificates
Series 1999-5)


                          ABN AMRO MORTGAGE CORPORATION
- --------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)


                                    Delaware
- --------------------------------------------------------------------------------
                 (State or Other Jurisdiction of Incorporation)

<TABLE>
<S>                                       <C>
          333-57027-03                                   36-3886007
- ----------------------------------        --------------------------------------
     (Commission File Number)              (I.R.S. Employer Identification No.)
</TABLE>


181 West Madison Street, Chicago, Illinois                      60602
- --------------------------------------------------------------------------------
 (Address of Principal Executive Offices)                    (Zip Code)


                                 (248) 643-2530
- --------------------------------------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)


                                 Not Applicable
- --------------------------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


================================================================================




ITEM 5.  OTHER EVENTS.




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         On or about July 27, 1999, the Registrant will cause the issuance and
sale of approximately $310,855,850 initial principal amount of Mortgage
Pass-Through Certificates, Series 1999-5 (the "Certificates") pursuant to a
Pooling and Servicing Agreement dated as of July 1, 1999, among ABN AMRO
Mortgage Corporation, as depositor, Chase Bank of Texas, National Association,
as trustee and LaSalle Home Mortgage Corporation, as servicer.

         In connection with the sale of the Certificates, the Registrant has
been advised by Bear, Stearns & Co. Inc. ("Bear Stearns"), that Bear Stearns has
furnished to prospective investors certain yield tables and other computational
materials (the "Computational Materials") with respect to the Certificates
following the effective date of Registration Statement No. 333-57027 which
Computational Materials are being filed as exhibits to this report.

         The Computational Materials have been provided by Bear Stearns. The
information in the Computational Materials is preliminary and may be superseded
by the Prospectus Supplement relating to the Certificates and by any other
information subsequently filed with the Securities and Exchange Commission.

         The Computational Materials were prepared by Bear Stearns at the
request of certain prospective investors, based on assumptions provided by, and
satisfying the special requirements of, such prospective investors. The
Computational Materials may be based on assumptions that differ from the
assumptions set forth in the Prospectus Supplement. The Computational Materials
may not include, and do not purport to include, information based on assumptions
representing a complete set of possible scenarios. Accordingly, the
Computational Materials may not be relevant to or appropriate for investors
other than those specifically requesting them.

         In addition, the actual characteristics and performance of the mortgage
loans underlying the Certificates (the "Mortgage Loans") may differ from the
assumptions used in the Computational Materials, which are hypothetical in
nature and which were provided to certain investors only to give a general sense
of how the yield, average life, duration, expected maturity, interest rate
sensitivity and cash flow characteristics of the Certificates might vary under
varying prepayment and other scenarios. Any difference between such assumptions
and the actual characteristics and performance of the Mortgage Loans will affect
the actual yield, average life, duration, expected maturity, interest rate
sensitivity and cash flow characteristics of the Certificates.


ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS.

<TABLE>
<S>               <C>
(a)               Financial Statements

                  Not applicable.

(b)               Pro Forma Financial Information.

                  Not applicable.

(c)               Exhibits.
</TABLE>


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<TABLE>
<CAPTION>
                  ITEM 601(A) OF
                  REGULATION S-K
EXHIBIT NO.       EXHIBIT NO.                        DESCRIPTION
- ----------        ----------                         -----------
<S>               <C>                                <C>
     1                99                             Computational Materials--
                                                     Computational Materials (as
                                                     defined in Item 5) that
                                                     have been provided by DLJ
                                                     to certain prospective
                                                     purchasers of ABN AMRO
                                                     Mortgage Corporation
                                                     Mortgage Pass Through
                                                     Certificates Series 1999-4
                                                     (filed in paper pursuant to
                                                     Rule 311(i) of Regulation
                                                     S-T)
</TABLE>


                                       -3-




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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.


                                                ABN AMRO MORTGAGE CORPORATION
                                                        (Registrant)

Dated:  July 27, 1999                   By:    /s/ Maria Fregosi
                                            ------------------------------------
                                        Name:   Maria Fregosi
                                        Title:  Vice President


                                       -4-




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                                INDEX OF EXHIBITS


<TABLE>
<CAPTION>
                  ITEM 601(A) OF         SEQUENTIALLY
EXHIBIT           REGULATION S-K         NUMBERED
NUMBER            EXHIBIT NO.            DESCRIPTION                    PAGE
- ------            ----------             -----------                    ----
<S>               <C>                    <C>                            <C>
Exhibit 1         99                     Computational Materials
                  *
</TABLE>


* Filed in paper pursuant to Rule 311(i) of Regulation S-T.


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