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)
March 27, 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 March, 2000 distribution to holders of the following series of Conduit
Mortgage Pass-Through Certificates.
Master Serviced by Residential Funding Corporation
<PAGE>
2000-RZ1 RAMP
Item 7. Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) See Item 5.
SIGNATURES
<PAGE>
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: March 27, 2000
<PAGE>
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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 43,094,000.00 7.510000 % 868,808.35
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
- -------------------------------------------------------------------------------
110,861,295.65 110,861,295.65 868,808.35
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 269,696.62 1,138,504.97 0.00 0.00 42,225,191.65
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 254,682.11 254,682.11 0.00 0.00 6,097,295.65
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
- -------------------------------------------------------------------------------
940,368.24 1,809,176.59 0.00 0.00 109,992,487.30
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 1000.000000 20.160773 6.258333 26.419106 0.000000 979.839227
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-March-00
DISTRIBUTION DATE 27-March-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 46,083.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,471.41
SUBSERVICER ADVANCES THIS MONTH 54,823.92
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 3,968,509.87
(B) TWO MONTHLY PAYMENTS: 16 1,370,205.39
(C) THREE OR MORE MONTHLY PAYMENTS: 6 548,824.33
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 109,992,487.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,275
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 618,800.03
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.50006820 % 5.49993180 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.45662540 % 5.54337460 %
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 10.93060700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 223.23
POOL TRADING FACTOR: 99.21631049
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