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): August 30, 2000
MERRILL LYNCH MORTGAGE INVESTORS, INC.,
as depositor (the "Depositor") and Bankers Trust Company, as trustee
(the "Trustee") under the Pooling Agreement, dated and effective as
of January 25, 2000, providing for the issuance of the MLMI
Resecuritization Pass-Through Certificates, Series 2000-1C.
MLMI RESECURITIZATION PASS-THROUGH CERTIFICATES, SERIES 2000-1C.
(Exact name of Registrant as specified in its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
333-81429 13-5674085
(Commission File Number) (I.R.S. Employer Identification No.)
250 VESEY STREET
WORLD FINANCIAL CENTER, NORTH TOWER
NEW YORK, NEW YORK 10281
(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (212) 449-1000
Item 5. Other Events
Attached hereto is a copy of the Monthly Remittance Statements to the
Certificateholders which was derived from the monthly information
submitted by the Master Servicer of the Trust to the Trustee.
Item 7. Financial Statement and Exhibits
Exhibits: (as noted in Item 5 above)
Monthly Remittance Statement to the Certificateholders dated as of
August 30, 2000.
SIGNATURE
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.
Bankers Trust Company not in its individual
capacity, but solely as a duly authorized
agent of the Registrant pursuant to the
Pooling Agreement, dated as of January 25,
2000.
Date: September 18, 2000 By: /s/ Judy L. Gomez
Judy L. Gomez
Assistant Vice President
EXHIBIT INDEX
DOCUMENT
Monthly Remittance Statement to the Certificateholders
dated as of August 30, 2000.
Merrill Lynch Mortgage Investors, Inc.
MLMI Resecuritization Pass-Through Certificates
Series 2000-1C
Statement To Certificateholders
DISTRIBUTIONS IN DOLLARS
PRIOR
> CURRENT
ORIGINAL PRINCIPAL
> REALIZED DEFERRED PRINCIPAL
CLASS FACE VALUE BALANCE INTEREST PRINCIPAL
> TOTAL LOSSES INTEREST BALANCE
A-1 14,463,461.00 13,941,145.03 75,514.54 88,710.46
>164,225.00 0.00 0.00 13,852,434.57
A-2 15,855,000.00 16,377,315.97 0.00 0.00
> 0.00 0.00 88,710.46 16,466,026.43
A-3 2,526,539.00 2,526,539.00 0.00 0.00
> 0.00 0.00 0.00 2,526,539.00
R 0.00 0.00 0.00 0.00
> 0.00 0.00 0.00 0.00
TOTALS 32,845,000.00 32,845,000.00 75,514.54 88,710.46
>164,225.00 0.00 88,710.46 32,845,000.00
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE
> PASS-THROUGH
PRIOR
> CURRENT RATES
PRINCIPAL
> PRINCIPAL
CLASS CUSIP BALANCE INTEREST PRINCIPAL
> TOTAL BALANCE CURRENT NEXT
A-1 589929UY2 963.887207 5.221056 6.133419
> 11.354475 957.753789 6.500000% 6.500000%
A-2 589929UZ9 1,032.943297 0.000000 0.000000
> 0.000000 1,038.538406 6.500000% 6.500000%
A-3 589929VA3 1,000.000000 0.000000 0.000000
> 0.000000 1,000.000000 0.000000% 0.000000%
R 0.000000 0.000000 0.000000
> 0.000000 0.000000 0.000000% 0.000000%
DEPOSITOR: Merrill Lynch Mortgage Investors, Inc. ADMI
>NISTRATOR: Jacqueline Sewell
> Deutsche Bank
LEAD UNDERWRITER: Merrill Lynch & Co.
> 1761 E. St. Andrew Place
RECORD DATE: July 31, 2000
> Santa Ana, CA 92705
DISTRIBUTION DATE: August 30, 2000
> FACTOR INFORMATION(800) 735-7777
Page 1 of 4
> (c) COPYRIGHT 2000 Deutsche Bank
Merrill Lynch Mortgage Investors, Inc.
MLMI Resecuritization Pass-Through Certificates
Series 2000-1C
Statement To Certificateholders
Distribution Date: August 30, 2000
Available Funds
> 164,225.00
Loss Amounts Since the Closing Date
> 0.00
Pooled Security Interest Shortfall amounts allocated to Class A-1
> 0.00
Pooled Security Interest Shortfall amounts allocated to Class A-2
> 0.00
> Second Prior Preceding Current
> Pool Security Pool Security Pool Security
Number of Pooled Securities remaining: 1
> Distrib'n Date Distrib'n Date Distrib'n Date
> 26-Jun-00 25-Jul-00 25-Aug-00
GECMS 1999-13 Class A-17 Pooled Security Distribution Date Principal Balance
> 32,845,000.00 32,845,000.00 32,845,000.00
Aggregate Pooled Security Distribution Date Principal Balance
> 32,845,000.00 32,845,000.00 32,845,000.00
Interest (a)
> (b) (a) - (b) Count and
Pooled Security Interest Shortfall Interest I
>nterest Excess of Aggregate Principal Balance of
Distribution Date Information Rate per annum % Scheduled Di
>stributed Sched. v Dist. Underlying Mortgage Loans
GECMS 1999-13 Class A-17 6.000000% 0.000000% 164,225.00
>164,225.00 0.00 1,403 463,099,048.64
Realized Loss Realized Loss Realized Loss
> Current
on Underly'g on Underly'g on Underly'g
>Current Realized Loss Current Total
Pooled Security Mort. Loans Mort. Loans Mort. Loans Rea
>lized Loss on Security Principal Amount
Distribution Date Information Current Since Cut-Off Life of Securit on
> Security Since Cut-Off Distributed Distributed
GECMS 1999-13 Class A-17 0.00 6,776.52 6,776.52
> 0.00 0.00 0.00 164,225.00
Page 2 of 4
> (c) COPYRIGHT 2000 Deutsche Bank
Merrill Lynch Mortgage Investors, Inc.
MLMI Resecuritization Pass-Through Certificates
Series 2000-1C
Statement To Certificateholders
HISTORY OF AGGREGATE POOLED SECURITY DELINQUENCY STATISTICS
Pooled Security Dist. Date Pool Aggregate 30 - 59 Days 60
>- 89 Days 90+ Days Foreclosures REO Loans
1,403 Count 8
> 2 0 1 0
25-Aug-00 463,099,049 Balance 2,500,904.95
>713,014.90 0.00 266,677.56 0.00
% of Count 0.570207%
> 0.142552% 0.000000% 0.071276% 0.000000%
% of Balance 0.540037%
> 0.153966% 0.000000% 0.057585% 0.000000%
1,406 Count 11
> 0 1 2 0
25-Jul-00 464,529,414 Balance 3,148,996.04
> 0.00 347,575.64 531,733.18 0.00
% of Count 0.782361%
> 0.000000% 0.071124% 0.142248% 0.000000%
% of Balance 0.677889%
> 0.000000% 0.074823% 0.114467% 0.000000%
1,416 Count 9
> 1 3 1 0
26-Jun-00 468,300,156 Balance 2,738,221.98
>347,575.64 937,233.21 266,361.55 0.00
% of Count 0.635593%
> 0.070621% 0.211864% 0.070621% 0.000000%
% of Balance 0.584715%
> 0.074221% 0.200135% 0.056878% 0.000000%
1,421 Count 9
> 2 0 2 0
25-May-00 470,679,230 Balance 3,197,776.09
>600,695.33 0.00 602,899.43 0.00
% of Count 0.633357%
> 0.140746% 0.000000% 0.140746% 0.000000%
% of Balance 0.679396%
> 0.127623% 0.000000% 0.128091% 0.000000%
1,428 Count 10
> 0 2 1 1
25-Apr-00 473,606,282 Balance 3,538,855.58
> 0.00 533,480.14 336,537.88 6,776.52
% of Count 0.700280%
> 0.000000% 0.140056% 0.070028% 0.070028%
% of Balance 0.747215%
> 0.000000% 0.112642% 0.071059% 0.001431%
1,434 Count 9
> 4 0 1 1
27-Mar-00 476,373,274 Balance 2,944,852.90 1,
>124,356.96 0.00 336,537.88 383,722.00
% of Count 0.627615%
> 0.278940% 0.000000% 0.069735% 0.069735%
% of Balance 0.618182%
> 0.236024% 0.000000% 0.070646% 0.080551%
1,437 Count 12
> 3 0 1 1
25-Feb-00 477,804,514 Balance 4,130,425.67
>780,035.87 0.00 336,537.88 383,722.00
% of Count 0.835073%
> 0.208768% 0.000000% 0.069589% 0.069589%
% of Balance 0.864459%
> 0.163254% 0.000000% 0.070434% 0.080309%
1,441 Count 13
> 1 1 0 1
25-Jan-00 479,946,908 Balance 4,059,527.40
>267,554.34 336,537.88 0.00 383,722.00
% of Count 0.902151%
> 0.069396% 0.069396% 0.000000% 0.069396%
% of Balance 0.845828%
> 0.055747% 0.070120% 0.000000% 0.079951%
1,445 Count 9
> 3 0 1 0
27-Dec-99 481,899,377 Balance 3,409,358.67 1,
>022,181.24 0.00 383,722.00 0.00
% of Count 0.622837%
> 0.207612% 0.000000% 0.069204% 0.000000%
% of Balance 0.707484%
> 0.212115% 0.000000% 0.079627% 0.000000%
1,450 Count 9
> 0 0 1 0
26-Nov-99 484,920,485 Balance 3,367,757.32
> 0.00 0.00 383,722.00 0.00
% of Count 0.620690%
> 0.000000% 0.000000% 0.068966% 0.000000%
% of Balance 0.694497%
> 0.000000% 0.000000% 0.079131% 0.000000%
1,454 Count 10
> 0 0 1 0
25-Oct-99 486,949,573 Balance 4,022,048.83
> 0.00 0.00 383,722.00 0.00
% of Count 0.687758%
> 0.000000% 0.000000% 0.068776% 0.000000%
% of Balance 0.825968%
> 0.000000% 0.000000% 0.078801% 0.000000%
1,458 Count 7
> 3 0 0 0
27-Sep-99 488,569,839 Balance 2,590,900.90
>798,586.26 0.00 0.00 0.00
% of Count 0.480110%
> 0.205761% 0.000000% 0.000000% 0.000000%
% of Balance 0.530303%
> 0.163454% 0.000000% 0.000000% 0.000000%
Notes: Foreclosure and REO Loans are not included as part of Delinquenc
>ies. Bankruptcies, if any, are included as part of Delinquencies.
Percentages are based on the aggregate Underlying Mortgage Loan
>information from all related Pooled Securities for each
reporting category divided by aggregate of all Underlying Mortga
>ge Loan information for all related Pooled Securities.
Page 3 of 4
> (c) COPYRIGHT 2000 Deutsche Bank
Merrill Lynch Mortgage Investors, Inc.
MLMI Resecuritization Pass-Through Certificates
Series 2000-1C
Statement To Certificateholders
Distribution Date: August 30, 2000
Pooled Security: GECMS 1999-13 Class A-17
Delinquent Loans including Bankruptcy, if any. 30
>- 59 Days 60 - 89 Days 90+ Days Total
Principal Balance 2,
>500,904.95 713,014.90 0.00 3,213,919.85
Percentage of Pool Balance
> 0.540037% 0.153966% 0.000000% 0.694003%
Number of Underlying Mortgage Loans
> 8 2 0 10
Percentage of Underlying Mortgage Loans
> 0.570207% 0.142552% 0.000000% 0.712758%
Foreclosure Loans
> Total
Principal Balance
> 266,677.56
Percentage of Pool Balance
> 0.057585%
Number of Underlying Mortgage Loans
> 1
Percentage of Underlying Mortgage Loans
> 0.071276%
REO Loans
> Total
Principal Balance
> 0.00
Percentage of Pool Balance
> 0.000000%
Number of Underlying Mortgage Loans
> 0
Percentage of Underlying Mortgage Loans
> 0.000000%
Page 4 of 4
> (c) COPYRIGHT 2000 Deutsche Bank