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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: April 23, 1998
(Date of earliest event reported)
MORTGAGE CAPITAL FUNDING, INC.
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(SPONSOR)
(Issuer in Respect of Multifamily/Commercial Mortgage Series Series 1998-MC1)
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
Delaware 333-24489 13-3408716
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(STATE OR OTHER JURIS- (COMMISSION (I.R.S. EMPLOYER
DICTION OF ORGANIZATION) FILE NOS.) IDENTIFICATION NO.)
399 Park Avenue, New York, New York 10043
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
Registrant's Telephone Number, including area code (212) 559-6899
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(FORMER NAME, FORMER ADDRESS AND FORMER FISCAL YEAR, IF CHANGED SINCE LAST
REPORT.)
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Item 5. Other Events.
MORTGAGE CAPTIAL FUNDING, INC.
Multifamily/Commercial Mortgage Pass-Through Certificates,
Series 1998-MC1
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Attached as Exhibit I are the Computational Materials (as defined in the
no-action letter dated May 20, 1994 issued by the Securities and Exchange
Commission to Kidder, Peabody Acceptance Corporation-I, Kidder, Peabody & Co.
Incorporated and Kidder Structured Asset Corporation) and/or Collateral Term
Sheets (as defined in the no-action letter dated February 17, 1995 issued by
the Securities and Exchange Commission to the Public Securities Association)
prepared by Citibank, N.A. and Goldman, Sachs & Co. that are required to be
filed pursuant to such letters.
2
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EXHIBIT INDEX
Exhibit No. Page No.
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I Computational Materials/Collateral Term Sheets
prepared by Citibank, N.A. and
Goldman, Sachs & Co.
3
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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.
MORTGAGE CAPITAL FUNDING, INC.
(Registrant)
By: /s/ Richard L. Jarocki, Jr.
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Richard L. Jarocki, Jr.
President
Dated: April 23, 1998
4
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Class Credit Support Class Size S&P/Fitch Rating
- ----- -------------- ---------- ----------------
A 32.0% 68.0% AAA/AAA
B 28.0 4.0 AA/AA
C 22.5 5.5 A/A+
D 21.5 1.0 A-/A
E 16.5 5.0 BBB+/BBB+
F 15.5 1.0 BBB/BBB
G 12.5 3.0 NR/BBB-
H 8.5 4.0 BB+/NR
J 7.5 1.0 BB/NR
K 6.5 1.0 BB-/NR
L 4.0 2.5 B/NR
M 2.25 1.75 NR/B-
N - 2.25 NR/NR
