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) September 21, 2000
RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC. (as seller under a Pooling and
Servicing Agreement, dated as of September 1, 2000, providing for, inter alia,
the issuance of Mortgage Asset- Backed Pass-Through Certificates, Series
2000-RS3)
Residential Asset Mortgage Products, Inc.
-----------------------------------------
(Exact name of registrant as specified in its charter)
DELAWARE 333-42510 41-1955181
-------- --------- ----------
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
8400 Normandale Lake Blvd.
Suite 600
Minneapolis, Minnesota 55437
---------------------- -----
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code, is (612) 832-7000
--------------------------------------------------------------------------------
<PAGE>
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, included in the Annual
Report on Form 10-K of Ambac Financial Group, Inc. (which was filed with the
Securities and Exchange Commission on March 30, 2000; Commission File Number
1-10777) and the unaudited consolidated financial statements of Ambac Assurance
Corporation and subsidiaries as of June 30, 2000 and for the periods ended June
30, 2000 and June 30, 1999, included in the Quarterly Report on Form 10-Q of
Ambac Financial Group, Inc. for the period ended June 30, 2000 (which was filed
with the Securities and Exchange Commission on August 11, 2000), 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-RS3
<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 thereunto duly authorized.
RESIDENTIAL ASSET MORTGAGE
PRODUCTS, INC.
By: /s/ Julie Steinhagen
Name: Julie Steinhagen
Title: Vice President
Dated: September 21, 2000
<PAGE>
EXHIBIT INDEX
Item 601(a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Page
1 23 Accountant's Consent Manually
<PAGE>
EXHIBIT 1
<PAGE>
INDEPENDENT AUDITORS' CONSENT
The Board of Directors
Ambac Assurance Corporation:
We consent to the incorporation by reference in the registration
statement (No. 333-42510) 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 September 21,
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 Form 10-K of Ambac Financial Group, Inc.
which was filed with the Securities and Exchange Commission on March 30, 2000
and to the reference to our firm under the heading "Experts" in the Prospectus
Supplement.
/s/ KPMG LLP
New York, New York
September 21, 2000
<PAGE>
