-----------------------------------------------------------------
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): April 19, 2000
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC.
-----------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 333-91561 41-1955181
_______________________ ___________ ______________
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
8400 Normandale Lake Boulevard, Suite 600, Minneapolis, MN 55437
----------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (612) 832-7000
(Former name or former address, if changed since last report)
Exhibit Index located on Page 5
-----------------------------------------------------------------
<PAGE>
Items 1 through 4, Item 6 and Item 8 are not included because they are not
applicable.
Item 5. Other Events.*
Filing of Certain Materials
Pursuant to Rule 424(b)(5) under the Securities Act of 1933, as amended,
concurrently with, or subsequent to, the filing of this Current Report on Form
8-K (the "Form 8-K"), Residential Asset Mortgage Products, Inc. (the "Company")
is filing a prospectus and a prospectus supplement with the Securities and
Exchange Commission (the "Commission") relating to its GMACM Mortgage
Pass-Through Certificates, Series 2000-J1 (the "Certificates").
Incorporation of Certain Documents by Reference
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, 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 No. 1-10777), are hereby
incorporated by reference in (i) this Current Report on Form 8-K; (ii) the
registration statement (No.333-91561) of the Registrant (the "Prospectus"); and
(iii) the Prospectus Supplement for GMACM Mortgage Pass-Through Certificates,
Series 2000-J1, and shall be deemed to be a part hereof.
- ----------------------------
* Capitalized terms used and not otherwise defined herein shall have the
meanings assigned to them in the prospectus dated February 22 and the prospectus
supplement dated April 19, 2000 (collectively, the "Prospectus"), of Residential
Asset Mortgage Products, Inc., relating to its GMACM Mortgage Pass-Through
Certificates, Series 2000-J1.
_______________________________________________________________________________
<PAGE>
Item 7. Financial Statements and Exhibits
Information and Exhibits.
------------------------
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
23.1 Consent of KPMG LLP, independent auditors of Ambac Assurance
Corporation and subsidiaries ("Ambac") with respect to (a) the
incorporation by reference in the Prospectus and Prospectus Supplement of
their report dated January 21, 2000 on the audit of 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 and (b) with respect to the reference to
their firm under the caption "Experts" in the Prospectus Supplement.
<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 hereunto duly authorized.
RESIDENTIAL ASSET MORTGAGE
PRODUCTS, INC.
By: /s/ Patricia C. Taylor
----------------------------
Patricia C. Taylor
Vice President
Dated: April 21, 2000
<PAGE>
Exhibit Index
Exhibit Page
23.1 Consent of KPMG LLP 6
EXHIBIT 23.1
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 April 19, 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
April 19, 2000
