SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event
Reported) February 29, 2000
MERRILL LYNCH MORTGAGE INVESTORS, INC., (as depositor under the
Pooling and Servicing Agreement, dated as of February 1, 2000, which
forms the Trust which will issue the C-BASS Mortgage Loan
Asset-Backed Certificates, Series 2000-CB1).
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
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (212) 449-1000
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Item 5. Other Events.
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Filing of Certain Materials
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Pursuant to Rule 424(b)(5) under the Securities Act of 1933,
concurrently with, or subsequent to, the filing of this Current Report on Form
8-K (the "Form 8-K"), Merrill Lynch Mortgage Investors, Inc. (the "Company")
is filing a prospectus and a prospectus supplement with the Securities and
Exchange Commission (the "Commission") relating to its C-BASS Mortgage Loan
Asset-Backed Certificates, Series 2000-CB1 (the "Certificates").
Incorporation of Certain Documents by Reference
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The consolidated financial statements of MBIA Insurance Corporation
and its subsidiaries as of December 31, 1998 and December 31, 1997, and for
the three-year period ended December 31, 1998, included in the Annual Report
on Form 10-K of MBIA Insurance Corporation (which was filed with the
Securities and Exchange Commission on March 30, 1999 are hereby incorporated by
reference in (i) this Current Report on Form 8-K; (ii) the prospectus; and
(iii) the prospectus supplement for C-BASS Mortgage Loan Asset-Backed
Certificates, Series 2000-CB1, and shall be deemed to be part hereof and
thereof.
In connection with the issuance of the Certificates, the Company is
filing herewith the consent of PricewaterhouseCoopers LLP ("PWC") to the use
of their name and the incorporation by reference of their report in
registration statement (No. 333-81429) and in the prospectus supplement
relating to the issuance of the Certificates. The consent of
PricewaterhouseCoopers LLP is attached hereto as Exhibit 23.
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* Capitalized terms used and not otherwise defined herein shall have
the meanings assigned to them in the prospectus dated January 27, 2000 and the
prospectus supplement dated February 28, 2000, of the Company, relating to its
C-BASS Mortgage Loan Asset-Backed Certificates, Series 2000-CB1.
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Item 7. Financial Statements, Pro Forma Financial
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Information and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
23.1 Consent of PricewaterhouseCoopers LLP
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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 hereunto duly authorized.
MERRILL LYNCH MORTGAGE INVESTORS, INC.
By: /s/ Peter Cerwin
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Name: Peter Cerwin
Title: Director
Dated: February 29, 2000
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Exhibit Index
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Exhibit Page
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23 Consent of PricewaterhouseCoopers LLP
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EXHIBIT 23
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in the Prospectus
Supplement regarding the issuance of the C-BASS Mortgage Loan Asset-Backed
Certificates, Series 2000-CB1, of our report dated February 2, 1999, on our
audits of the consolidated financial statements of MBIA Insurance Corporation
and Subsidiaries as of December 31, 1998 and 1997 and for each of the three
years in the period ended December 31, 1998. We also consent to the reference
to out firm under the caption "Experts".
/s/ PricewaterhouseCoopers LLP
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PricewaterhouseCoopers LLP
February 25, 2000
