<PAGE>
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): November 16, 1999
CONSECO FINANCE SECURITIZATIONS CORP.
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 333-85119 and 333-85119-01 41-1807858
- --------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS employer
of incorporation) file number) identification No.)
1100 Landmark Towers, 345 St. Peter Street, Saint Paul, Minnesota 55102-1639
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(Address of principal executive offices)
Registrant's telephone number, including area code: (651) 293-3400
Not Applicable
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE>
Item 1. Changes in Control of Registrant.
Not applicable.
Item 2. Acquisition or Disposition of Assets.
Not applicable.
Item 3. Bankruptcy or Receivership.
Not applicable.
Item 4. Changes in Registrant's Certifying Accountant.
Not applicable.
Item 5. Other Events.
On November 16, 1999, the Registrant sold approximately $270,875,000
principal amount of Loan-Backed Notes and Certificates. The Class A and
Class M Notes were sold pursuant to a Prospectus Supplement and
Prospectus, each dated November 1, 1999 (together, the "Prospectus") and
the Class B-2 Certificates were sold pursuant to the Prospectus as
supplement by a Supplement dated November 4, 1999.
Item 6. Resignations of Registrant's Directors.
Not applicable.
Item 7. Financial Statements and Exhibits.
(a) Financial statements of businesses acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
<PAGE>
(c) Exhibits.
The following is filed herewith. The exhibit numbers correspond
with Item 601(b) of Regulation S-K.
Exhibit No. Description
----------- -----------
99.1 On November 12, 1999, the Registrant sold
approximately $270,875,000 Certificates for
Conseco Finance Home Loans, Series 1999-G,
issued by Conseco Finance Securitizations Corp.,
as Seller. The Trust property consists of
conventional home improvement loans and home
equity loans, including the right to receive
payments due on and after the applicable cut-off
date. Filed herewith as Exhibit 99.1 are tables
providing information with respect to the
Subsequent loans and the Loans in the aggregate,
similar to the information provided with respect
to the Initial Loans in the Prospectus
Supplement dated November 1, 1999. Capitalized
terms used herein and not defined have the
meanings assigned in the Trust Agreement and
Indenture, each dated as of September 1, 1999.
<PAGE>
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.
CONSECO FINANCE SECURITIZATIONS CORP.
By: /s/ Phyllis A. Knight
-----------------------------------
Phyllis A. Knight
Vice President and Treasurer
<PAGE>
EXHIBIT 99
$270,875,000 (APPROXIMATE)
CERTIFICATES FOR CONSECO FINANCE HOME LOANS
SERIES 1999-G
INFORMATION REGARDING CERTAIN SUBSEQUENT LOANS
Set forth below is information regarding loans transferred to the Trust or
identified for inclusion in the Trust on the Closing Date. The information below
relates to the Loans described in the Prospectus Supplement dated November 1,
1999 and the Subsequent Loans. Unless otherwise defined herein, all capitalized
terms have the meanings set forth in the Trust Agreement and the Indenture, each
dated as of September 1, 1999.
<PAGE>
GEOGRAPHICAL DISTRIBUTION OF MORTGAGED PROPERTIES--
SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% OF SUBSEQUENT
LOANS BY
NUMBER OF AGGREGATE PRINCIPAL OUTSTANDING
SUBSEQUENT BALANCE PRINCIPAL
LOANS AS OF OUTSTANDING AS OF BALANCE AS OF
STATE CUT-OFF DATE CUT-OFF DATE CUT-OFF DATE
- ----- --------------- ------------------- --------------
<S> <C> <C> <C>
Alabama................. 166 $ 3,723,986.70 2.98%
Arizona................. 219 5,995,651.40 4.80
Arkansas................ 27 499,845.32 0.40
California.............. 352 11,109,896.84 8.90
Colorado................ 141 3,972,355.00 3.18
Connecticut............. 66 1,735,163.74 1.39
Delaware................ 28 799,728.08 0.64
District of Columbia.... 5 135,535.86 0.11
Florida................. 422 10,444,242.10 8.37
Georgia................. 208 5,369,747.37 4.30
Idaho................... 22 487,784.62 0.39
Illinois................ 155 3,806,111.77 3.05
Indiana................. 116 2,991,093.89 2.40
Iowa.................... 76 1,745,464.01 1.40
Kansas.................. 52 923,111.08 0.74
Kentucky................ 39 972,560.71 0.78
Louisiana............... 64 1,401,544.21 1.12
Maine................... 29 873,162.07 0.70
Maryland................ 130 3,789,356.35 3.04
Massachusetts........... 70 2,029,225.63 1.63
Michigan................ 223 5,346,067.81 4.28
Minnesota............... 104 2,651,842.72 2.12
Mississippi............. 55 1,110,206.67 0.89
Missouri................ 136 3,138,139.21 2.51
Montana................. 13 303,799.42 0.24
Nebraska................ 27 715,413.00 0.57
Nevada.................. 101 2,858,968.20 2.29
New Hampshire........... 11 338,015.02 0.27
New Jersey.............. 150 4,479,322.69 3.59
New Mexico.............. 42 1,068,562.17 0.86
New York................ 176 4,972,554.66 3.98
North Carolina.......... 92 2,211,781.26 1.77
North Dakota............ 13 373,659.07 0.30
Ohio.................... 142 3,256,694.58 2.61
Oklahoma................ 83 1,916,045.75 1.53
Oregon.................. 68 2,027,777.19 1.62
Pennsylvania............ 204 5,378,119.12 4.31
Rhode Island............ 19 518,576.71 0.42
South Carolina.......... 80 1,938,188.04 1.55
South Dakota............ 20 458,169.32 0.37
Tennessee............... 17 508,374.11 0.41
Texas................... 11 293,460.75 0.24
Utah.................... 21 556,598.46 0.45
Vermont................. 3 48,119.27 0.04
Virginia................ 242 6,348,006.26 5.08
Washington.............. 199 5,688,492.74 4.56
West Virginia........... 10 309,473.04 0.25
Wisconsin............... 108 2,747,490.98 2.20
Wyoming................. 23 482,822.60 0.39
----- --------------- ------
Total............... 4,780 $124,850,307.57 100.00%
===== =============== ======
</TABLE>
<PAGE>
DISTRIBUTION OF ORIGINAL LOAN AMOUNTS--SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% of Subsequent
Number of Loans by
Loans Aggregate Principal Outstanding Principal
Original Contract as of Cut- Balance Outstanding Balance as of
Amount (In Dollars) off Date as of Cut-off Date Cut-off Date
------------------- ---------- ------------------- ---------------------
<S> <C> <C> <C>
Less than $10,000.00..................... 30 241,645.01 0.19%
$ 10,000.00 to $ 19,999.99............... 1,505 22,149,495.86 17.74
$ 20,000.00 to $ 29,999.99............... 1,578 38,326,229.97 30.70
$ 30,000.00 to $ 39,999.99............... 959 32,505,649.47 26.04
$ 40,000.00 to $ 49,999.99............... 607 26,253,978.17 21.03
$ 50,000.00 to $ 59,999.99............... 95 4,899,033.27 3.92
$ 60,000.00 and over..................... 6 474,275.82 0.38
----- --------------- ------
Total................................ 4,780 $124,850,307.57 100.00%
===== =============== ======
</TABLE>
<PAGE>
LOAN RATES--SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% of Subsequent
Number of Loans by
Loans Aggregate Principal Outstanding Principal
as of Cut- Balance Outstanding Balance as of
Loan Rates off Date as of Cut-off Date Cut-off Date
- -------------------------- ---------- ------------------- ---------------------
<S> <C> <C> <C>
Less than 9.001%........... 51 1,688,054.23 1.35%
9.001% to 10.000%......... 68 2,404,193.40 1.93
10.001% to 11.000%......... 99 3,382,799.53 2.71
11.001% to 12.000%......... 116 3,715,265.26 2.98
12.001% to 13.000%......... 202 6,272,400.98 5.02
13.001% to 14.000%......... 384 11,297,837.84 9.05
14.001% to 15.000%......... 1,073 30,592,924.63 24.50
15.001% to 16.000%......... 960 25,094,413.53 20.10
16.001% to 17.000%......... 1,162 26,953,007.46 21.59
17.001% to 18.000%......... 536 11,110,084.28 8.90
18.001% to 19.000%......... 107 1,903,651.49 1.52
Over 19.000%............... 22 435,674.94 0.35
----- --------------- ------
Total.................. 4,780 $124,850,307.57 100.00%
===== =============== ======
</TABLE>
REMAINING MONTHS TO MATURITY--SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% of Subsequent
Number of Loans by
Months Remaining to Loans Aggregate Principal Outstanding Principal
Scheduled Maturity as of Cut- Balance Outstanding Balance as of
as of Cut-off Date off Date as of Cut-off Date Cut-off Date
------------------- ---------- ------------------- ---------------------
<S> <C> <C> <C>
Less than 31........... 1 $9,759.43 0.01%
31 to 60............. 70 1,076,704.22 0.86
61 to 90............. 40 768,205.85 0.62
91 to 120............. 565 12,056,785.68 9.66
121 to 150............. 31 716,291.94 0.57
151 to 180............. 1,195 30,917,931.05 24.76
181 to 210............. 43 1,001,620.60 0.80
211 to 240............. 1,067 25,165,882.34 20.16
241 to 270............. 2 51,062.63 0.04
271 to 300............. 1,766 53,086,063.83 42.52
301 to 330............. 0 0.00 0.00
331 to 360............. 0 0.00 0.00
----- --------------- ------
Total.............. 4,780 $124,850,307.57 100.00%
===== =============== ======
</TABLE>
<PAGE>
LIEN POSITION--SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% of Subsequent
Number of Loans by
Loans Aggregate Principal Outstanding Principal
as of Cut- Balance Outstanding Balance as of
Lien Position off Date as of Cut-off Date Cut-off Date
- ------------- ---------- ------------------- ---------------------
<S> <C> <C> <C>
First................... 8 $ 497,268.80 0.40%
Second.................. 4,485 118,054,166.33 94.56
Third................... 284 6,209,021.47 4.97
Fourth.................. 3 89,850.97 0.07
----- --------------- ------
Total............... 4,780 $124,850,307.57 100.00%
===== =============== ======
</TABLE>
DISTRIBUTION OF CURRENT BALANCE--SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% of Subsequent
Number of Loans by
Loans Aggregate Principal Outstanding Principal
Distribution of as of Cut- Balance Outstanding Balance as of
Current Balance off Date as of Cut-off Date Cut-off Date
--------------- ---------- ------------------- ---------------------
<S> <C> <C> <C>
Less than $10,000.00...... 140 1,329,586.86 1.06%
$10,000.00 - $19,999.99... 1,496 23,054,996.67 18.47
$20,000.00 - $29,999.99... 1,551 38,524,253.29 30.86
$30,000.00 - $39,999.99... 909 31,248,301.68 25.03
$40,000.00 - $49,999.99... 614 26,839,020.27 21.50
$50,000.00 - $59,999.99... 64 3,379,872.98 2.71
$60,000.00 and over....... 6 474,275.82 0.38
----- --------------- ------
Total................. 4,780 124,850,307.57 100.00%
===== =============== ======
</TABLE>
<PAGE>
GEOGRAPHICAL DISTRIBUTION OF MORTGAGED PROPERTIES--COMBINED
INITIAL AND SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% OF
AGGREGATE
LOANS BY
NUMBER OF AGGREGATE PRINCIPAL OUTSTANDING
COMBINED BALANCE PRINCIPAL
LOANS AS OF OUTSTANDING AS OF BALANCE AS OF
STATE CUT-OFF DATE CUT-OFF DATE CUT-OFF DATE
----- ------------ ------------------- -------------
<S> <C> <C> <C>
Alabama................. 312 $ 7,186,450.77 2.61%
Arizona................. 449 12,231,040.30 4.45
Arkansas................ 75 1,351,654.06 0.49
California.............. 870 28,307,825.44 10.29
Colorado................ 299 7,671,325.53 2.79
Connecticut............. 167 4,204,219.49 1.53
Delaware................ 59 1,782,674.61 0.65
District of Columbia.... 7 156,800.62 0.06
Florida................. 963 24,173,642.70 8.79
Georgia................. 365 9,449,454.09 3.44
Idaho................... 46 933,448.82 0.34
Illinois................ 446 10,625,717.79 3.86
Indiana................. 253 5,906,431.16 2.15
Iowa.................... 147 3,138,369.89 1.14
Kansas.................. 113 2,025,300.88 0.74
Kentucky................ 102 2,309,336.10 0.84
Louisiana............... 122 2,713,867.13 0.99
Maine................... 69 2,145,497.69 0.78
Maryland................ 280 7,708,271.27 2.80
Massachusetts........... 156 4,192,556.73 1.52
Michigan................ 517 11,766,648.91 4.28
Minnesota............... 233 5,421,215.57 1.97
Mississippi............. 93 1,957,958.58 0.71
Missouri................ 298 6,148,176.31 2.24
Montana................. 35 741,963.15 0.27
Nebraska................ 82 1,712,913.40 0.62
Nevada.................. 238 6,855,364.48 2.49
New Hampshire........... 29 794,997.26 0.29
New Jersey.............. 355 10,832,749.10 3.94
New Mexico.............. 84 2,114,003.81 0.77
New York................ 479 13,219,302.60 4.81
North Carolina.......... 171 4,148,215.86 1.51
North Dakota............ 27 665,017.05 0.24
Ohio.................... 383 8,441,384.22 3.07
Oklahoma................ 143 3,200,832.96 1.16
Oregon.................. 128 3,614,780.73 1.31
Pennsylvania............ 478 12,349,447.04 4.49
Rhode Island............ 47 1,149,733.21 0.42
South Carolina.......... 144 3,326,549.51 1.21
South Dakota............ 47 1,023,793.73 0.37
Tennessee............... 97 2,312,308.61 0.84
Texas................... 21 569,601.63 0.21
Utah.................... 51 1,271,790.56 0.46
Vermont................. 7 153,838.68 0.06
Virginia................ 579 15,206,141.03 5.53
Washington.............. 426 12,026,811.49 4.37
West Virginia........... 24 669,025.48 0.24
Wisconsin............... 183 4,252,167.78 1.55
Wyoming................. 41 830,292.95 0.30
------ --------------- ------
Total............... 10,740 $274,990,910.76 100.00%
====== =============== ======
</TABLE>
<PAGE>
DISTRIBUTION OF ORIGINAL LOAN AMOUNTS--COMBINED INITIAL AND SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% of Aggregate
Number of Loans by
Loans Aggregate Principal Outstanding Principal
Original Contract as of Cut- Balance Outstanding Balance as of
Amount (In Dollars) off Date as of Cut-off Date Cut-off Date
------------------- ---------- ------------------- ---------------------
<S> <C> <C> <C>
Less than $10,000.00.......... 107 $ 805,594.18 0.29%
$ 10,000.00 to $ 19,999.99.... 3,626 52,761,243.76 19.19
$ 20,000.00 to $ 29,999.99.... 3,478 84,023,816.46 30.56
$ 30,000.00 to $ 39,999.99.... 1,983 67,441,183.55 24.52
$ 40,000.00 to $ 49,999.99.... 1,250 54,085,317.51 19.67
$ 50,000.00 to $ 59,999.99.... 270 14,016,917.86 5.10
$ 60,000.00 and over.......... 26 1,856,837.44 0.68
------ --------------- ------
Total..................... 10,740 $274,990,910.76 100.00%
====== =============== ======
</TABLE>
<PAGE>
LOAN RATES--COMBINED INITIAL AND SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% of Aggregate
Number of Loans by
Loans Aggregate Principal Outstanding Principal
as of Cut- Balance Outstanding Balance as of
Loan Rates off Date as of Cut-off Date Cut-off Date
- -------------------------- ---------- ------------------- ---------------------
<S> <C> <C> <C>
Less than 9.001%......... 162 $ 5,925,068.45 2.15%
9.001% to 10.000%........ 224 7,895,994.42 2.87
10.001% to 11.000%........ 410 14,237,507.02 5.18
11.001% to 12.000%........ 458 14,581,759.67 5.30
12.001% to 13.000%........ 587 17,734,484.58 6.45
13.001% to 14.000%........ 1,136 30,979,438.11 11.27
14.001% to 15.000%........ 2,053 55,825,652.22 20.30
15.001% to 16.000%........ 2,148 54,193,653.48 19.71
16.001% to 17.000%........ 2,205 48,805,507.96 17.75
17.001% to 18.000%........ 1,081 20,396,027.45 7.42
18.001% to 19.000%........ 229 3,596,732.69 1.31
Over 19.000%.............. 47 819,084.71 0.30
------ --------------- ------
Total................. 10,740 $274,990,910.76 100.00%
====== =============== ======
</TABLE>
REMAINING MONTHS TO MATURITY--COMBINED INITIAL AND SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% of Aggregate
Number of Loans by
Months Remaining to Loans Aggregate Principal Outstanding Principal
Scheduled Maturity as of Cut- Balance Outstanding Balance as of
as of Cut-off Date off Date as of Cut-off Date Cut-off Date
------------------- ---------- ------------------- ---------------------
<S> <C> <C> <C>
Less than 31........... 1 $ 9,759.43 0.00%
31 to 60............... 157 2,281,339.42 0.83
61 to 90............... 104 1,793,752.82 0.65
91 to 120.............. 1,211 24,553,791.77 8.93
121 to 150............. 65 1,557,699.69 0.57
151 to 180............. 2,527 63,647,209.77 23.15
181 to 210............. 118 2,559,157.23 0.93
211 to 240............. 2,859 64,073,626.47 23.30
241 to 270............. 3 95,322.09 0.03
271 to 300............. 3,691 114,321,238.55 41.57
301 to 330............. 0 0.00 0.00
331 to 360............. 4 98,013.52 0.04
------ --------------- ------
Total.............. 10,740 $274,990,910.76 100.00%
====== =============== ======
</TABLE>
<PAGE>
LIEN POSITION--COMBINED INITIAL AND SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% of Aggregate
Number of Loans by
Loans Aggregate Principal Outstanding Principal
as of Cut- Balance Outstanding Balance as of
Lien Position off Date as of Cut-off Date Cut-off Date
- ---------------------- ---------- ------------------- ---------------------
<S> <C> <C> <C>
First................... 49 $ 2,132,649.64 0.78%
Second.................. 9,776 252,879,087.74 91.96
Third................... 911 19,872,819.34 7.23
Fourth.................. 4 106,354.04 0.04
------ --------------- ------
Total............... 10,740 $274,990,910.76 100.00%
====== =============== ======
</TABLE>
DISTRIBUTION OF CURRENT BALANCE--COMBINED INITIAL AND SUBSEQUENT LOANS
<TABLE>
<CAPTION>
% of Aggregate
Number of Loans by
Loans Aggregate Principal Outstanding Principal
Distribution of as of Cut- Balance Outstanding Balance as of
Current Balance off Date as of Cut-off Date Cut-off Date
- ------------------- ---------- ------------------- ---------------------
<S> <C> <C> <C>
Less than $10,000.00...... 420 $ 3,898,222.92 1.42%
$10,000.00 - $19,999.99... 3,564 54,613,081.14 19.86
$20,000.00 - $29,999.99... 3,370 83,311,788.39 30.30
$30,000.00 - $39,999.99... 1,888 65,077,305.80 23.67
$40,000.00 - $49,999.99... 1,242 54,175,897.75 19.70
$50,000.00 - $59,999.99... 232 12,177,087.75 4.43
$60,000.00 and over....... 24 1,737,527.01 0.63
------ --------------- ------
Total................. 10,740 $274,990,910.76 100.00%
====== =============== ======
</TABLE>
