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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): June 26, 2000
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 Boulevard, Suite 600, Minneapolis, MN 55437
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(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
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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 Home Equity Loan
Trust 2000-HE2, GMACM Home Equity Loan-Backed Term Notes, Series 2000-HE2 (the
"Notes").
Incorporation of Certain Documents by Reference
The consolidated financial statements of MBIA Insurance Corporation, a
wholly owned subsidiary of MBIA Inc. and its subsidiaries as of December 31,
1999 and December 31, 1998, and for each of the three years in the period ended
December 31, 1999, prepared in accordance with generally accepted accounting
principles, included in the Annual Report on Form 10-K of MBIA Inc. for the year
ended December 31, 1999 and the consolidated financial statements of MBIA
Insurance Corporation and its subsidiaries as of March 31, 2000, and for the
three month period ended March 31, 2000 and March 31, 1999 included in the
Quarterly Report on Form 10-Q of MBIA Inc. for the period ended March 31, 2000
are hereby incorporated by reference in (i) this Current Report on Form 8-K;
(ii) the prospectus; and (iii) the prospectus supplement for GMACM Home Equity
Loan Trust 2000-HE2, GMACM Home Equity Loan-Backed Term Notes, Series 2000-HE2,
and shall be deemed to be part hereof and thereof.
In connection with the issuance of the Notes, the Company is filing
herewith the consent of PricewaterhouseCoopers LLP ("PWC") to the use of their
name and the incorporation by reference of their report in the Prospectus
relating to the issuance of the Notes. The consent of PWC is attached hereto as
Exhibit 23.1
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* Capitalized terms used and not otherwise defined herein shall have the
meanings assigned to them in the prospectus dated February 22, 2000 and the
prospectus supplement dated June 26, 2000 (collectively, the "Prospectus"), of
Residential Asset Mortgage Products, Inc., relating to its GMACM Home Equity
Loan Trust 2000-HE2, GMACM Home Equity Loan-Backed Term Notes, Series 2000-HE2.
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Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
23.1 Consent of PricewaterhouseCoopers LLP
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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.
RESIDENTIAL ASSET MORTGAGE
PRODUCTS, INC.
By: /s/Patricia C. Taylor
Patricia C. Taylor
Vice President
Dated: June 27, 2000
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Exhibit Index
Exhibit Page
23.1 Consent of PWC 6
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EXHIBIT 23.1
CONSENT OF INDEPENDENT ACCOUNTANTS
[PricewaterhouseCoopers LLP Letterhead]
We consent to the incorporation by reference in the Prospectus
Supplement of GMAC Mortgage Corporation, relating to GMACM Home Equity
Loan Trust 2000-HE2, of our report dated February 3, 2000, on our audits
of the consolidated financial statements of MBIA Insurance Corporation
and Subsidiaries as of December 31, 1999 and 1998 and for each of the
three years in the period ended December 31, 1999. We also consent to
the reference to our Firm under the caption "Experts".
/s/ PricewaterhouseCoopers LLP
June 26, 2000
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