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 25, 2000
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC.
(Exact name of the registrant as specified in it's charter)
333-91561 ` 41-1955181
Delaware (Commission File Number) (I.R.S. Employee
(State or other Identification No.)
jurisdiction of
incorporation)
8400 Normandale Lake Boulevard 55437
Minneapolis, Minnesota (Zip Code)
(Address of Principal
Executive Offices)
Registrant's telephone number, including area code
(612) 832-7000
Item 5. Other Events
See the respective monthly reports, each reflecting the required information for
the April, 2000 distribution to holders of the following series of Conduit
Mortgage Pass-Through Certificates.
Master Serviced by Residential Funding Corporation
<PAGE>
2000-RZ1 RAMP
2000-RS1 RAMP
Item 7. Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) See Item 5.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities ExchangeAct 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: /s/ Davee Olson
Name: Davee Olson
Title Chief Financial Officer
Dated: April 25, 2000
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-RZ1(POOL # 4419)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4419
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 760985AA9 43,094,000.00 42,225,191.65 7.510000 % 2,700,127.15
A-2 760985AB7 40,087,000.00 40,087,000.00 8.000000 % 0.00
A-3 760985AC5 21,583,000.00 21,583,000.00 8.270000 % 0.00
SB 760985AD3 6,097,295.65 6,097,295.65 0.000000 % 0.00
R-I 760985AE1 0.00 0.00 0.000000 % 0.00
R-II 760985AF8 0.00 0.00 0.000000 % 0.00
R-III 760985AG6 0.00 0.00 0.000000 % 0.00
R-IV 760985AH4 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
110,861,295.65 109,992,487.30 2,700,127.15
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 264,259.32 2,964,386.47 0.00 0.00 39,525,064.50
A-2 267,246.67 267,246.67 0.00 0.00 40,087,000.00
A-3 148,742.84 148,742.84 0.00 0.00 21,583,000.00
SB 0.00 0.00 252,627.29 0.00 6,349,922.94
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
R-IV 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
680,248.83 3,380,375.98 252,627.29 0.00 107,544,987.44
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 979.839227 62.656684 6.132160 68.788844 0.000000 917.182543
A-2 1000.000000 0.000000 6.666667 6.666667 0.000000 1000.000000
A-3 1000.000000 0.000000 6.891667 6.891667 0.000000 1000.000000
_______________________________________________________________________________
DETERMINATION DATE 20-April-00
DISTRIBUTION DATE 25-April-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-RZ1 (POOL # 4419)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4419
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 45,384.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 53,065.01
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 3,253,178.09
(B) TWO MONTHLY PAYMENTS: 12 970,622.19
(C) THREE OR MORE MONTHLY PAYMENTS: 17 1,473,147.13
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 107,544,987.44
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,250
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,221,019.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.45662540 % 5.54337460 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.09556590 % 5.90443410 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 3,325,839.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,108,613.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.92559300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 222.38
POOL TRADING FACTOR: 97.00859692
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-RS1(POOL # 4428)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4428
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I 760985AJ0 69,984,000.00 69,984,000.00 8.000000 % 390,578.71
A-II 760985AK7 55,021,000.00 55,021,000.00 6.388750 % 917,071.21
SB-I 760985AL5 439.91 439.91 0.000000 % 0.00
SB-II 760985AM3 828.64 828.64 0.000000 % 0.00
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 0.00 0.000000 % 0.00
R-III 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
125,006,268.55 125,006,268.55 1,307,649.92
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 466,560.00 857,138.71 0.00 0.00 69,593,421.29
A-II 273,400.88 1,190,472.09 0.00 0.00 54,103,928.79
SB-I 10,774.52 10,774.52 0.00 0.00 439.91
SB-II 102,740.52 102,740.52 0.00 0.00 828.64
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
853,475.92 2,161,125.84 0.00 0.00 123,698,618.63
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 1000.000000 5.580972 6.666667 12.247639 0.000000 994.419029
A-II 1000.000000 16.667658 4.969028 21.636686 0.000000 983.332342
_______________________________________________________________________________
DETERMINATION DATE 20-April-00
DISTRIBUTION DATE 25-April-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-RS1 (POOL # 4428)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4428
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 37,858.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,715.38
SUBSERVICER ADVANCES THIS MONTH 70,226.87
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 61 6,212,155.35
(B) TWO MONTHLY PAYMENTS: 18 1,931,149.10
(C) THREE OR MORE MONTHLY PAYMENTS: 2 119,172.79
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 123,698,618.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,018
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,170,559.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.99898520 % 0.00101480 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 99.99897450 % 0.00102550 %
BANKRUPTCY AMOUNT AVAILABLE 226,734.00
FRAUD AMOUNT AVAILABLE 2,500,126.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,162,524.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.87568700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 306.23
POOL TRADING FACTOR: 98.95393252
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-RS1 (POOL # 4428)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4428
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,721.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,210.62
SUBSERVICER ADVANCES THIS MONTH 29,259.65
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,275,680.79
(B) TWO MONTHLY PAYMENTS: 10 924,774.95
(C) THREE OR MORE MONTHLY PAYMENTS: 2 119,172.79
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 69,593,861.20
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 606
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 313,155.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.99937140 % 0.00062860 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 126,734.00
FRAUD AMOUNT AVAILABLE 1,399,689.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,945,896.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.77631028
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 311.54
POOL TRADING FACTOR: 99.44190636
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-RS1 (POOL # 4428)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4428
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,136.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 504.76
SUBSERVICER ADVANCES THIS MONTH 40,967.22
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 3,936,474.56
(B) TWO MONTHLY PAYMENTS: 8 1,006,374.15
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 54,104,757.43
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 412
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 857,404.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.99849400 % 0.00150600 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,100,437.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,216,625.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.00351298
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 299.40
POOL TRADING FACTOR: 98.33325930
................................................................................
