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) March 22, 2000
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC. (as seller under a Pooling and
Servicing Agreement, dated as of March 1, 2000, providing for, inter alia, the
issuance of Mortgage Asset- Backed Pass-Through Certificates, Series 2000-RS1)
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 Current Report on
Form 8-K of Ambac Financial Group, Inc. (which was filed with the Securities and
Exchange Commission on March 13, 2000; Commission File Number 1-10777), 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-RS1
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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 SECURITIES
CORPORATION
By: /s/ Julie Steinhagen
Name: Julie Steinhagen
Title: Vice President
Dated: March 22, 2000
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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:
Name: Julie Steinhagen
Title: Vice President
Dated: March 22, 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
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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 March 22,
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 Current Report on Form 8-K of Ambac
Financial Group, Inc. which was filed with the Securities and Exchange
Commission on March 13, 2000 and to the reference to our firm under the heading
"Experts" in the Prospectus Supplement.
/s/ KPMG LLP
New York, New York
March 22, 2000
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