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 18, 2000
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC. (as depositor under a Trust Agreement,
dated as of March 30, 2000, and pursuant to which an Indenture was entered into,
providing for, inter alia, the issuance of GMACM Home Loan-Backed Term Notes,
Series 2000-HLTV1)
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, Minnesota 55437
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(Address of principal executive offices) (Zip code)
(612) 832-7000
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Registrant's telephone number, including area code
Not Applicable
- -------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
Exhibit Index Located on Page 4
<PAGE>
Items 1 through 6 and Item 8 are not included because they are not applicable.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
------------------------------------------------------------------
(a) Not applicable
(b) Not applicable
(c) Exhibits:
20.1 Residential Asset Mortgage Products, Inc., GMACM Home
Loan-Backed Term Notes, GMACM Series 2000-HLTV1 Servicing
Certificate for Payment Date 4/18/00.
<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., Registrant
By: /s/ Patricia C. Taylor
----------------------
Name: Patricia C. Taylor
Title: Vice President
Date: May 3, 2000
<PAGE>
20.1 Residential Asset Mortgage Products, Inc., GMACM Home
Loan-Backed Term Notes, GMACM Series 2000-HLTV1 Servicing
Certificate for Payment Date 4/18/00.
Home Equity Loan-Backed Term Notes, GMACM Series 2000-HLTV1
Payment Date 4/18/00
Servicing Certificate
Beginning Principal Balance 118,551,296.73
Ending Principal Balance 118,127,747.18
Principal Collections 423,549.55
Interest Collections 998,080.52
Active Loan Count 2,477
Principal Balance of Current Month 0.00
Prefunding
Substitution Adjustment Amount 0.00
Policy Draw Amount 0.00
Total Limited Reimbursement Amount 33,583.33
Current month distribution to Credit
Enhancer 45,208.33
Net Loan Rate 13.79%
Note Rate - Class A-1 Notes 6.3325%
Note Rate - Class A-2 Notes 7.8400%
Note Rate - Class A-3 Notes 8.1700%
Note Rate - Class A-4 Notes 8.2700%
<TABLE>
Beginning Note Balance Ending Note Balance Principal Interest
Distribution
<S> <C> <C> <C> <C> <C>
Class A-1 Notes 64,570,000.00 63,750,431.07 819,568.93 204,444.76
Class A-2 Notes 18,887,000.00 18,887,000.00 - 127,508.24
Class A-3 Notes 29,790,000.00 29,790,000.00 - 209,580.93
Class A-4 Notes 41,753,000.00 41,753,000.00 - 297,339.35
------------- -------------------- ----------- ----------
Total Notes 155,000,000.00 154,180,431.07 819,568.93 838,873.28
</TABLE>
Certificates 0.00
Prefunding Account Total Amount
- ------------------ ----------------
Beginning Balance 38,251,940.50
Interest Earned on Prefunding Account 5,030.39
Prior month Interest earned 0.00
transferred to overcollateralization
Collection Period Subsequent Transfer 0.00
----------------
Total Ending Prefunding Account Balance 38,256,970.89
Capitalized Interest Account Balance
- -------------------------------------
Beginning Balance 616,241.09
Withdraw relating to prior month Collection Period 0.00
<PAGE>
Interest Earned 81.03
----------------
Total Ending Capitalized Interest Account Balance 616,322.12
================
Beginning Overcollateralization Amount 1,803,237.23
Overcollateralization Amount Increase (Decrease) 396,019.38
---------------
Ending Overcollateralization Amount 2,199,256.61
Outstanding Overcollaterization Amount 3,680,864.79
----------------
Required Overcollateralization Amount 5,880,121.40
<TABLE>
Number Percent
Balance of Loans of Balance
------- -------- ----------
<S> <C> <C> <C>
Delinquent Loans (30 Days) 29,991.96 1 0.03%
Delinquent Loans (60 Days) 0.00 0 0.00%
Delinquent Loans (90+ Days) (1) 0.00 0 0.00%
Foreclosed Loans 0.00 0 0.00%
REO 0.00 0 0.00%
</TABLE>
(1) 90+ Figures Include Foreclosures
and REO
Percent of
Liquidation To-Date of Balance
------------------- ----------
Beginning Loss Amount 0.00
Current Month Loss Amount 0.00 0.00%
Ending Loss Amount 0.00
