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) June 23, 2000
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC. (as seller under a Pooling and
Servicing Agreement, dated as of June 1, 2000, providing for, inter alia, the
issuance of Mortgage Asset- Backed Pass-Through Certificates, Series 2000-RS2)
Residential Asset Mortgage Products, Inc.
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(Exact name of registrant as specified in its charter)
DELAWARE 333-91561 41-1955181
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
8400 Normandale Lake Blvd.
Suite 600
Minneapolis, Minnesota 55437
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code, is (612) 832-7000
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Item 5. Other Events.
The consolidated financial statements of Ambac Assurance Corporation and
subsidiaries as of December 31, 1999 and December 31, 1998, and for each of the
years in the three year period ended December 31, 1999, prepared in accordance
with generally accepted accounting principles, included in the Annual Report on
Form 10-K of Ambac Financial Group, Inc. (which was filed with the Securities
and Exchange Commission on March 30, 2000; Commission File Number 1-10777), and
the unaudited consolidated financial statements of Ambac Assurance Corporation
and subsidiaries as of March 31, 2000 and for the periods ending March 31, 2000
and March 31, 1999, included in the Quarterly Report on Form 10-Q of Ambac
Financial Group, Inc., for the period ended March 31, 2000, which was filed with
the Commission on May 12, 2000, are hereby incorporated by reference in this
Current Report on Form 8-K and in the registration statement and shall be deemed
to be a part hereof.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits:
Item 601(a) of
Regulation S-K
Exhibit No. Exhibit No. Description
1 23 Consent of KPMG LLP,
independent auditors of
Ambac Assurance Corporation
and subsidiaries with respect
to the Residential Asset
Mortgage Products, Inc.
Mortgage Asset-Backed Pass-
Through Certificates, Series
2000-RS2
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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 thereunto duly authorized.
RESIDENTIAL ASSET MORTGAGE
PRODUCTS, INC.
By: /s/ Julie Steinhagen
Name: Julie Steinhagen
Title: Vice President
Dated: June 23, 2000
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EXHIBIT INDEX
Item 601(a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Page
1 23 Accountant's Consent
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EXHIBIT 1
INDEPENDENT AUDITORS' CONSENT
The Board of Directors
Ambac Assurance Corporation:
We consent to the incorporation by reference in the registration
statement (No. 333-91561) of Residential Asset Mortgage Products, Inc. (the
"Registrant"), and in the Prospectus Supplement of the Registrant (the
"Prospectus Supplement") via the Form 8-K of the Registrant dated June 23, 2000,
of our report dated January 21, 2000 on the consolidated financial statements of
Ambac Assurance Corporation and subsidiaries as of December 31, 1999 and 1998,
and for each of the years in the three-year period ended December 31, 1999,
which report appears in the Annual Report on Form 10-K of Ambac Financial Group,
Inc. which was filed with the Securities and Exchange Commission on March 30,
2000 and to the reference to our firm under the heading "Experts" in the
Prospectus Supplement.
/s/ KPMG LLP
New York, New York
June 23, 2000
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