SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934
July 27, 2000
(date of earliest event reported)
PNC MORTGAGE SECURITIES CORP.
as Depositor and Master Servicer under a
Pooling and Servicing Agreement
dated as of July 1, 2000
providing for the issuance of
$375,529,856
MORTGAGE PASS-THROUGH CERTIFICATES
SERIES 2000-5
Delaware 333-72879 94-2528990
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
Incorporation) Number)
75 NORTH FAIRWAY DRIVE
VERNON HILLS, ILLINOIS 60061
(Address of principal executive offices)
Registrant's telephone number, including area code:
(847) 549-6500
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Item 1. Changes in Control of Registrant. Not applicable.
Item 2. Acquisition or Disposition of Assets. Not applicable.
Item 3. Bankruptcy or Receivership. Not applicable.
Item 4. Changes in Registrant's Certifying Accountant. Not applicable.
Item 5. Other Events.
The tables and materials filed separately, under cover of Form SE in
accordance with Rule 202 of Regulation S-T pursuant to a continuing hardship
exemption, were prepared by Donaldson, Lufkin & Jenrette Securities Corpora-
tion (the "Underwriter") at the request of certain prospective investors,
based on assumptions provided by, and satisfying the special requirements
of, such prospective investors. Such tables and assumptions may be based
on assumptions that differ from the Structuring Assumptions. Accordingly,
such tables and other materials may not be relevant to or appropriate for
investors other than those specifically requesting them.
Item 6. Resignation of Registrant's Directors. Not applicable.
Item 7. Financial Statements and Exhibits.
The following Exhibit is filed separately, under cover of Form SE (filed
July 26, 2000 under CIK #0000314643) in accordance with Rule 202 of
Regulation S-T pursuant to a continuing hardship exemption.
99.1 Certain Computational Materials prepared by the Underwriter in connec-
tion with PNC Mortgage Securities Corp. Mortgage Pass-Through Certificates,
Series 2000-5.
Capitalized terms used herein and not otherwise defined shall have the mean-
ings assigned to them in the Prospectus and Prospectus Supplement of PNC
Mortgage Securities Corp. relating to its Mortgage Pass-Through Certificates,
Series 2000-5.
Item 8. Change in Fiscal Year. Not applicable.
<PAGE>
Item 9. Sales of Equity Securities Pursuant to Regulation S. Not applicable.
<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: July 27, 2000.
PNC MORTGAGE SECURITIES CORP.
(Registrant)
By: /s/Richard Careaga
-----------------------------
Richard Careaga
Second Vice President and
Assistant General Counsel
(Authorized Officer)
