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<PAGE>
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): February 16, 1999
GREEN TREE SECURITIZED NET INTEREST MARGIN TRUST 1995-A
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Minnesota 33-53527 41-1815020
- --------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS employer
of incorporation) file numbers) identification no.)
1100 Landmark Towers, 345 St. Peter Street, Saint Paul, Minnesota 55102-1639
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code: (612) 293-3400
Not Applicable
- --------------------------------------------------------------------------------
(Former name or former address, if changed since last report.)
<PAGE>
Item 5. Other Events.
Pursuant to the Pooling and Servicing Agreement between Green Tree
Financial Corporation (the "Servicer") and First Bank National
Association (the "Trustee"), on February 16, 1999, the Trustee made
distributions to the holders of the certificates representing
interests in the Trust (the "Certificateholders") and delivered to the
Certificateholders the Monthly Report required by Section 1.01 of the
Servicing Agreement attached hereto as Exhibit 99.1.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
The following is filed herewith. The exhibit number corresponds
with Item 601(b) of Regulation S-K.
Exhibit No. Description
----------- -----------
99.1 Monthly Report delivered to
Certificateholders on
February 16, 1999.
<PAGE>
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.
Dated: February 16, 1999
SECURITIZED NET INTEREST MARGIN
TRUST 1995-A
By GREEN TREE FINANCIAL CORPORATION
as Servicer with respect to the Trust
By: /s/ Phyllis A. Knight
-----------------------------------
Phyllis A. Knight
Senior Vice President and Treasurer
<PAGE>
INDEX TO EXHIBITS
Exhibit
Number Page
- ------- ----
99.1 Monthly Report delivered to Certificateholders 5
on February 16, 1999.
<PAGE>
Green Tree Financial Corp.
Net Interest Margin Trust 1995-A
January, 1999
Payment: February 16, 1999
7.25% SECURITIZED NET INTEREST MARGIN CERTIFICATES
Cusip # 393534AC6
-------------
Trust Account # 33-34309-0
-------------
Distribution Date: Feb. 16, 1999
-------------
<TABLE>
<CAPTION>
Per $1,000
Securitized Net Interest Margin Certificates Original
- -------------------------------------------- ----------
<S> <C> <C>
1. Amount Available 2,994,324.16
--------------
Interest
2. Aggregate Interest 1,010,353.75 3.28036932
-------------- -----------
3. Amount Applied to:
(a) accrued but unpaid Interest
4. Remaining:
(a) accrued but unpaid Interest
5. Monthly Interest 1,010,353.75
--------------
Principal
6. Current month's principal distribution 1,983,970.41 6.44146237
-------------- -----------
7. Remaining outstanding principal balance 165,246,994.68 536.5162165
-------------- -----------
Pool Factor 0.53651622
--------------
8. Present value of the projected remaining aggregate
cashflows of the Finance I Assets and the
Residual Assets, as of the immediately
preceding Distribution Date 467,606,662.20**
--------------
9. Aggregate amount on deposit in Reserve Fund 7,500,000.00
--------------
10. Subordinated Certificateholder payment (interest
earnings on Reserve Fund, pursuant to Section 5.8) 28,103.49
--------------
11. Aggregate principal balance of loans
refinanced by Green Tree Financial 6,288,293.67
--------------
12. Weighted average CPR 12.95%
--------------
13. Weighted average CDR 3.01%
--------------
14. Annualized net loss percentage 1.84%
--------------
15. Delinquency 30-59 day 1.51%
--------------
60-89 day 0.60%
--------------
90+ day 0.98%
--------------
Total 30+ 3.09%
--------------
</TABLE>
First Trust N. A. Paying Agent/Bondholder Relations (612) 973-5800
**Represents present value of assets for NIM 94-A, 94-B, & 95-A, after
cross-collateralization, as of 1/15/99.
<PAGE>
Green Tree Financial
Net Interest Margin Trust 1995-A
January, 1999
Payment: February 16, 1999
Fee Assets
-----------------------------------------------------
Guarantee Inside Fee Asset
Fees Refi Total
-----------------------------------------------------
GTFC 1994-5 242,449.82 38,178.47 280,628.29
GTFC 1994-6 0.00 55,049.30 55,049.30
GTFC 1994-7 26,649.02 27,296.80 53,945.82
GTFC 1994-8 267,650.09 35,253.05 302,903.14
GTFC 1995-1 156,383.52 62,093.68 218,477.20
GTFC 1995-2 0.00 0.00 0.00
GTFC 1995-3 270,446.58 119,702.06 390,148.64
GTFC 1995-4 336,850.33 78,112.72 414,963.05
GTFC 1995-5 0.00 0.00 0.00
-----------------------------------------------------
1,300,429.36 415,686.08 1,716,115.44
Total amount of Guarantee Fees and
Inside Refinance Payments 1,716,115.44
--------------
Subordinated Servicing Fees 778,655.45
--------------
Payment on Finance 1 Note 2,494,770.89
--------------
Allocable to Interest (current) 737,206.03
--------------
Allocable to accrued but unpaid Interest 0.00
--------------
Accrued and unpaid Trustee Fees 0.00
--------------
Allocable to Principal 1,757,564.86
--------------
Finance 1 Note Principal Balance 120,262,744.36
--------------
<PAGE>
Green Tree Financial
Net Interest Margin Trust 1995-A
January, 1999
Payment: February 16, 1999
Inside
Residual Refi Total
-----------------------------------------------------
GTFC 1994-5 0.00 0.00 0.00
GTFC 1994-6 0.00 0.00 0.00
GTFC 1994-7 0.00 0.00 0.00
GTFC 1994-8 0.00 0.00 0.00
GTFC 1995-1 0.00 0.00 0.00
GTFC 1995-2 213,378.24 40,790.72 254,168.96
GTFC 1995-3 0.00 0.00 0.00
GTFC 1995-4 0.00 0.00 0.00
GTFC 1995-5 143,114.65 102,269.66 245,384.31
-----------------------------------------------------
356,492.89 143,060.38 499,553.27
Total Residual and Inside
Refinance Payments 499,553.27
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