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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: March 18, 1998
(Date of earliest event reported)
MERRILL LYNCH MORTGAGE INVESTORS, INC. (as depositor under the Trust Agreement,
dated as of March 1, 1998, and pursuant to which an Indenture was entered into,
providing for, inter alia, the issuance of PacificAmerica Home-Equity Loan
Asset-Backed Notes, Series 1998-1)
Merrill Lynch Mortgage Investors, Inc.
(Exact name of registrant as specified in its charter)
Delaware 333-24327 33-3416059
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(State or Other Juris- (Commission (I.R.S. Employer
diction of Incorporation) File Number) Identification No.)
250 Vesey Street World Financial Center,
North Tower-10th Floor,
New York, New York 10281
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(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code:(212) 449-1000
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Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Not applicable
(b) Not applicable
(c) Exhibits:
23.3. Consent of Coopers & Lybrand L.L.P., independent
auditors of the Certificate Insurer with respect to PacificAmerica Home Equity
Loan Asset-Backed Notes, Series 1998-1.
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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.
MERRILL LYNCH MORTGAGE
INVESTORS, INC.
By: /s/ Peter Cerwin
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Name: Peter Cerwin
Title: Vice President
Dated: March 19, 1998
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in this Prospectus
Supplement dated March 19, 1998 (To Prospectus Dated June 19, 1997) of
PacificAmerica Money Center, Inc. relating to the PacificAmerica Home Equity
Loan Asset Backed Notes, Series 1998-1 of our report dated January 24, 1997, on
our audits of the consolidated financial statements of Financial Security
Assurance Inc. and Subisidiaries as of December 31, 1996 and 1995, and for each
of the three years in the period ended December 31, 1996. We also consent to the
reference to our Firm under the caption "Experts".
/s/Coopers & Lybrand L.L.P.
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Coopers & Lybrand L.L.P.
New York, New York
March 19, 1998
