SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
and Exchange Act of 1934
Date of Report: 03/01/2000
(Date of earliest event reported)
Fund America Investors Corporation II
Issuer Trust 2000-1
(Exact name of registrant as specified in governing instruments)
DE
(State or other Jurisdiction of Incorporation)
c/o State Street Bank and Trust Company
Corporate Trust Department
Two Avenue De Lafayette, 6th Floor
Boston, MA 02111
(Address of Principal Executive Offices) (Zip Code)
(804)-788-7319
(Registrant's telephone number, including area code)
Commission File Number 033-73748
04-6866293(I.R.S. Employer Identification No.)
Not Applicable
(Former name, former address and former fiscal year if changed
since last report)
<PAGE>
Fund America Investors Corporation II
Issuer Trust 2000-1
FORM 8-K
INDEX
ITEM DESCRIPTION PAGE NUMBER
Item 5. Other Event 3
Item 7. Financial Statements and
Exhibits 3
Signatures 3
Exhibit A Trustee's Report to
Bondholders 4
<PAGE>
Fund America Investors Corporation II
Issuer Trust 2000-1
FORM 8-K
ITEMS AND SIGNATURES
ITEMS
Item 5. Other Events
See Exhibit A, the Trustee's Report to Bondholders attached hereto.
Item 7. Financial Statements and Exhibits
See Exhibit A, the Trustee's Report to Bondholders attached hereto.
SIGNATURES
Pursuant to the requirement of the Securities Exchange
Act of 1934, the registrar has duly caused this report to
be signed on its behalf by the
undersigned hereunto duly authorized.
Fund America Investors Corporation II
Issuer Trust 2000-1
(Registrant)
Date: 03/01/2000
By:
Name Craig Lange
Title: Assistant Vice President
State Street Bank and Trust Company
as Trustee
Fund America Investors Corporation II
Issuer Trust 2000-1
Report to Certificateholders for Payment Date: March 3, 2000
Payment Summary
<TABLE>
Payment Summary
Original Beginning Principal Scheduled Current Prev Int
Class Balance Balance Payment Interest Int Shrtfll Shrtfll
<S> <C> <C> <C> <C> <C> <C>
F 1,986,400.00 1986400.00 5424.40 10511.37 0.00 0.00
S 764,000.00 764000.00 2086.31 4386.63 0.00 0.00
R 465,600.00 465600.00 36670.82 0.00 0.00 0.00
Totals: 2,750,400.00 2750400.00 44181.53 14898.00 0.00 0.00
</TABLE>
Int Prior Net Int Total Ending
Shrtfll Pay Payable Balance
0.00 10511.37 15935.77 1980975.60
0.00 4386.63 6472.94 761913.69
0.00 0.00 36670.82 428729.18
0.00 14898.00 59079.53 2742889.29
<TABLE>
Distributions per Certificate
Beginning Principal Scheduled Current Prev Int Int Prior Net Int Total Ending
Class Balance Payment Interest Int Shrtfll Shrtfll Shrtfll Pay Payable Balance
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
F 1,000.00 2.73077 5.29167 0.00000 0.00000 0.00000 5.29167 8.02244 997.26923
S 1,000.00 1.05030 2.20833 0.00000 0.00000 0.00000 2.20833 3.25863 383.56509
R 1,000.00 18.46 0.00000 0.00000 0.00000 0.00000 0.00000 18.46094 215.83225
</TABLE>
53617.03 Total Funds Received
36670.82 FHLMC 2203 Principal to Class R
16946.21 Funds remaining for distribution
5462.50 Initial Interest Deposit (first payment date)
22408.71 Funds remaining for distribution
16184.07 Class F Pro Rata Interest Due
0.00 Class F Current Interest Shortfall
0.00 Int on Prior Shortfall
10511.37 Class F Total Interest Payable
6224.64 Class S Pro Rata Interest Due
4386.63 Class S Scheduled Interest
0.00 Class S Current Interest Shortfall
0.00 Class S Prior Interest Shortfall
0.00 Int on Prior Shortfall
4386.63 Class S Total Interest Payable
7510.71 Funds remaining for principal distribution
2086.31 Class S Pro Rata principal distribution
