MERRILL LYNCH MORTGAGE INVESTORS INC
8-K, 1999-07-23
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): July 22, 1999



                     MERRILL LYNCH MORTGAGE INVESTORS, INC
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            (Exact name of registrant as specified in its charter)

          Delaware                    333-81429                13-5674085
- ----------------------------         ------------          -------------------
(State or Other Jurisdiction         (Commission           (I.R.S. Employer
     of Incorporation)               File Number)          Identification No.)


250 Vesey Street
World Financial Center, North Tower
New York, New York                                               10281
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(Address of Principal                                          (Zip Code)
 Executive Offices)


       Registrant's telephone number, including area code (212) 449-1000
                                                          ----- --------

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<PAGE>


Item 5.    Other Events.
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Filing of Derived Materials.*
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In   connection   with  the  offering  of  the  Mortgage   Loan   Asset-Backed
Certificates,  Series  1999-NC1 (the  "Certificates")  Merrill Lynch,  Pierce,
Fenner  &  Smith  Incorporated,   as  underwriter  of  the  Certificates  (the
"Underwriter"),  has prepared certain materials (the "Derived  Materials") for
distribution to its potential investors.  Although the Registrant provided the
Underwriter  with certain  information  regarding the  characteristics  of the
assets in the related portfolio,  it did not participate in the preparation of
the Derived Materials.  Concurrently with the filing hereof,  pursuant to Rule
311  of  Regulation  S-T,  the  Registrant  is  filing  certain  computational
materials by paper filing on Form SE.

For purposes of this Form 8-K, Derived Materials shall mean computer generated
tables and/or charts displaying, with respect to the Certificates,  any of the
following: yield; average life, duration; expected maturity; loss sensitivity;
cash flow  characteristics;  background  information regarding the assets; the
proposed  structure;  decrement  tables;  or similar  information  (tabular or
otherwise) of a statistical, mathematical, tabular or computational nature, as
well as certain matters relating to the collateral for such transaction.

Item 7.  Financial Statements, Pro Forma Financial
         -----------------------------------------
         Information and Exhibits.
         ------------------------

(a)    Not applicable.

(b)    Not applicable.

(c)    Exhibits:

       99.1    Derived Materials









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*    Capitalized  terms used and not otherwise  defined  herein shall have the
     meanings assigned to them in the Prospectus and the Prospectus Supplement
     of Merrill Lynch Mortgage Investors,  Inc., relating to its Mortgage Loan
     Asset-Backed Certificates Series 1999-NC1.


<PAGE>


                                  SIGNATURES

Pursuant to the  requirements  of the  Securities  Exchange  Act of 1934,  the
registrant  duly  caused  this  report  to be  signed  on  its  behalf  by the
undersigned hereunto duly authorized.

                                     MERRILL LYNCH MORTGAGE INVESTORS, INC


                                     By: /s/ Peter Cerwin
                                        ----------------------------
                                     Name:  Peter Cerwin
                                     Title:  Vice President

Dated:  July 21, 1999


<PAGE>


                                 Exhibit Index
                                 -------------

Exhibit                                                                   Page
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99.1  Derived Materials (P)                                                  5


<PAGE>


                                                                  Exhibit 99.1


In accordance with Rule 311 of Regulation S-T, the Computational Materials are
being filed on paper pursuant to Form SE.


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