CWABS INC ASSET BACKED CERTIFICATES SERIES 1999-T22
8-K, 2000-11-13
ASSET-BACKED SECURITIES
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                      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): May 25, 2000

                                  CWMBS, INC.

                                  (Depositor)

       (Issuer in respect of Asset-Backed Certificates, Series 1999-T22)

                (Exact name of registrant as specified in charter)

Delaware                      33-63714                      95-4449516
(State or other               (Commission File No.)         (I.R.S. Employer
    jurisdiction of                                         Identification No.)
    organization)



155 Lake Avenue, Pasadena, CA                               91110-7137
(Address of principal executive offices)                    (Zip Code)


Registrant's Telephone Number, including area code: (818) 304-4428

                                 Not Applicable
              (Former name, former address and former fiscal year,
                          if changed since last report)
<PAGE>



Item 5.  Other Events

                                  CWMBS, INC.
                           Asset-Backed Certificates
                                Series 1999-T22

On May 25, 2000, The Bank of New York, as Trustee for CWMBS, INC., Asset-Backed
Certificates Series 1999-T22, made a monthly distribution to Certificate holders
of principal and/or interest pursuant to the Pooling and Servicing Agreement,
dated as of November 1, 1999, among CWMBS, INC. as Depositor, CWABS, Inc.,
Seller and Master Servicer and The Bank of New York, as Trustee.

Item 7.  Financial Statements and Exhibits

                    (c) Exhibits

Exhibit No.                               Description

99                  Report  to Holders of CWMBS, INC., Asset-Backed Certificates
                    Series 1999-T22 relating to the distribution date of May 25,
                    2000  prepared by The Bank of New York, as Trustee under the
                    Pooling  and  Servicing  Agreement  dated  as of November 1,
                    1999.



<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.

Dated: May 25, 2000


                                  CWMBS, INC.


                          By: /s/ Courtney Bartholomew
                              ------------------------------
                          Name:   Courtney Bartholomew
                                  Assistant Vice-President
                                  The Bank of New York,
                                  as Trustee



<PAGE>



                                 EXHIBIT INDEX



Exhibit


99                  Monthly Remittance Statement dated May 25, 2000




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