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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): February 24, 2000
CWMBS, INC., (as depositor under the Pooling and Servicing
Agreement, dated as of February 1, 2000 , providing for the
issuance of the CWMBS, INC., Mortgage Pass-Through
Certificates, Series 2000-B).
CWMBS, INC.
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(Exact name of registrant as specified in its charter)
Delaware 333-72655 95-4449516
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(State of Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
4500 Park Granada
Calabasas, California 91302
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (818) 225-3240
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<PAGE>
Item 5. Other Events.
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Filing of Computational Materials
In connection with the offering of the Mortgage Pass-Through
Certificates, Series 2000-B, Donaldson, Lufkin & Jenrette Secruities Corporation
("DLJ"), as the one of the Underwriters of the Underwritten Certificates, has
prepared certain materials (the "DLJ Computational Materials") for distribution
to its potential investors. Although the Company provided DLJ with certain
information regarding the characteristics of the Mortgage Loans in the related
portfolio, the Company did not participate in the preparation of the DLJ
Computational Materials.
For purposes of this Form 8-K, "Computational Materials" shall mean computer
generated tables and/or charts displaying, with respect to any Class or Classes
of Certificates, any of the following: yield; average life; duration; expected
maturity; interest rate sensitivity; loss sensitivity; cash flow
characteristics; background information regarding the Mortgage Loans; the
proposed structure; decrement tables; or similar information (tabular or
otherwise) of a statistical, mathematical, tabular or computational nature. The
DLJ Computational Materials, listed as Exhibit 99.1 hereto are filed on Form SE
dated February 24, 2000.
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* Capitalized terms used and not otherwise defined herein shall have the
meanings assigned to them in the prospectus dated May 17, 1999 and the
prospectus supplement dated February 24, 2000, of CWMBS, Inc., relating to its
Mortgage Pass-Through Certificates, Series 2000-B.
<PAGE>
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:
99.1. DLJ Computational Materials filed on Form SE dated February 24, 2000.
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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.
CWMBS, INC.
By: / s / Celia Coulter
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Celia Coulter
Vice President
Dated: February 24, 2000
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Exhibit Index
Exhibit Page
99.1. DLJ Computational Materials filed on Form SE
dated February 24, 2000. 6
<PAGE>
EXHIBIT 99.1
DLJ Computational Materials filed on Form SE dated February 24, 2000.
<PAGE>
BROWN & WOOD LLP
One World Trade Center
New York, New York 10048
Telephone: (212) 839-5300
Facsimile: (212) 839-5599
February 25, 2000
BY MODEM
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: CWMBS, Inc.
Mortgage Pass-Through Certificates,
Series 2000-B
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Ladies and Gentlemen:
On behalf of CWMBS, Inc. (the "Company"), we enclose herewith for
filing, pursuant to the Securities and Exchange Act of 1934, the Company's
Current Report on Form 8-K, for Computational Materials in connection with the
above-referenced transaction.
Very truly yours,
/ s / Amy Sunshine
Amy Sunshine
Enclosure
