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: September 21, 2000
(Date of earliest event reported)
Residential Asset Mortgage Products, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 333-42510 41-1955181
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(State or Other Juris- (Commission (I.R.S. Employer
diction of Incorporation) File Number) Identification No.)
8400 Normandale Lake Blvd., Suite 600, Minneapolis, Minnesota 55437
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(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code:(612) 832-7000
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Item 5. Other Events.
On September 27, 2000, the Registrant will cause the issuance and sale
of Mortgage Asset-Backed Pass-Through Certificates, Series 2000-RS3, Class
A-I-1, Class A-I-2, Class A-Ii-3, Class A-I-4, Class A-II, Class SB-I,
Class SB-II, Class R-I, Class R-II and Class R-III (the "Certificates")
pursuant to a Pooling and Servicing Agreement to be dated as of September
1, 2000, among the Registrant, Residential Funding Corporation, as Master
Servicer and Bank One, National Association, as Trustee.
In connection with the sale of the Series 2000-RS3, Class A-I-1, Class
A-I-2, Class A-I-3, Class A-I-4 and Class A-II Certificates (the
"Underwritten Certificates"), the Registrant has been advised by Bear,
Stearns & Co. Inc. and Prudential Securities Incorporated, (the
"Underwriters"), that the Underwriters have furnished to prospective
investors certain yield tables and other computational materials (the
"Computational Materials") with respect to the Underwritten Certificates
following the effective date of Registration Statement No. 333-42510, which
Computational Materials are being filed electronically as exhibits to this
report.
The Computational Materials have been provided by the Underwriters.
The information in the Computational Materials is preliminary and may be
superseded by the Prospectus Supplement relating to the Certificates and by
any other information subsequently filed with the Securities and Exchange
Commission.
The Computational Materials were prepared by the Underwriters at the
request of certain prospective investors, based on assumptions provided by,
and satisfying the special requirements of, such prospective investors. The
Computational Materials may be based on assumptions that differ from the
assumptions set forth in the Prospectus Supplement. The Computational
Materials may not include, and do not purport to include, information based
on assumptions representing a complete set of possible scenarios.
Accordingly, the Computational Materials may not be relevant to or
appropriate for investors other than those specifically requesting them.
In addition, the actual characteristics and performance of the
mortgage loans underlying the Underwritten Certificates (the "Mortgage
Loans") may differ from the assumptions used in the Computational
Materials, which are hypothetical in nature and which were provided to
certain investors only to give a general sense of how the yield, average
life, duration, expected maturity, interest rate sensitivity and cash flow
characteristics of a particular class of Underwritten Certificates might
vary under varying prepayment and other scenarios. Any difference between
such assumptions and the actual characteristics and performance of the
Mortgage Loans will affect the actual yield, average life, duration,
expected maturity, interest rate sensitivity and cash flow characteristics
of a particular class of Underwritten Certificates.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
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(a) Financial Statements.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit No. Exhibit No. Description
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1 99 Computational Materials
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on behalf of the
Registrant by the undersigned thereunto duly authorized.
RESIDENTIAL ASSET MORTGAGE
PRODUCTS, INC.
By: /s/Julie Steinhagen
Name: Julie Steinhagen
Title: Vice President
Dated: September 21, 2000
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EXHIBIT INDEX
Item 601 (a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Page
1 99 Computational Materials Filed Electronically
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EXHIBIT 99.1
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