BANC OF AMERICA FUNDING CORP
8-K, 2000-04-27
ASSET-BACKED SECURITIES
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<PAGE>   1


                       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)    April 24, 2000



                       BANC OF AMERICA FUNDING CORPORATION
- --------------------------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)



            Delaware                    333-62301               56-193-0085
- -------------------------------------------------------------------------------
(State or Other Jurisdiction         (Commission File        (I.R.S. Employer
          of Incorporation)               Number)           Identification No.)


100 North Tryon Street,  Charlotte, North Carolina                 28255
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices)                        (Zip Code)



Registrant's telephone number, including area code     (704) 386-2400


                      NationsBanc Montgomery Funding Corp.
         --------------------------------------------------------------
         (Former Name or Former Address, if Changed Since Last Report.)


<PAGE>   2


Item 5.           Other Events.

On or about April 25, 2000, the Registrant will cause the issuance and sale of
its Mortgage Pass-Through Certificates, Series 2000-1, consisting of Class 1A-1,
Class 1A-2, Class 1A-3, Class 1A-4, Class 1A-5, Class 1A-6, Class 1A-7, Class
1A-8, Class 1A-9, Class 1A-10, Class 1A-11, Class 1A-12, Class 1A-WIO, Class
1B-1, Class 1B-2, Class 1B-3, Class 1B-4, Class 1B-5, Class 2A-1, Class 2A-2,
Class 2A-WIO, Class 2B-1, Class 2B-2, Class 2B-3, Class 2B-4, Class 2B-5, Class
B-6 and Class A-R pursuant to a Pooling and Servicing Agreement to be dated as
of April 1, 2000, among the Registrant, as depositor, Fleet Mortgage Corp., as
servicer, and Norwest Bank Minnesota, National Association, as trustee.

         In connection with the sale of the Offered Certificates, the Registrant
has been advised by Banc of America Securities LLC (the "Underwriter"), that the
Underwriter has furnished to prospective investors certain computational
materials with respect to the Offered Certificates following the effective date
of Registration Statement No. 333-62301, which are being filed as exhibits to
this report.

         The computational materials have been provided to the Registrant by the
Underwriter. The information in the computational materials is preliminary and
may be superseded by the final Prospectus Supplement relating to the
certificates and by any other information subsequently filed with the Securities
and Exchange Commission.

         The computational materials were prepared by the Underwriter, based on
assumptions that differ from the assumptions set forth in the Prospectus
Supplement. The computational materials may not include, and do not purport to
include, information based on assumptions representing a complete set of
possible scenarios.

         In addition, the actual characteristics and performance of the mortgage
loans underlying the Offered Certificates (the "Mortgage Loans") may differ from
the assumptions used in the computational materials, which are hypothetical in
nature and which were provided to investors only to give a general sense of how
the yield, average life, duration, expected maturity, interest rate sensitivity
and cash flow characteristics of a particular class of Offered Certificates
might vary under varying prepayment and other scenarios. Any difference between
such assumptions and the actual characteristics and performance of the Mortgage
Loans will affect the actual yield, average life, duration, expected maturity,
interest rate sensitivity and cash flow characteristics of the Offered
Certificates.


<PAGE>   3

Item 7.           Financial Statements and Exhibits.

         (c)  Exhibits

                  99.1*    Computational Materials

- ------------
         *In accordance with Rule 311 of Regulation S-T, this exhibit is being
filed in paper under cover of Form SE.



<PAGE>   4


                                   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.

                                            BANC OF AMERICA FUNDING
                                              CORPORATION



                                            By: /s/ Robert J. Perret
                                                --------------------------------
                                            Name:  Robert J. Perret
                                            Its:   Senior Vice President


Dated:  April 24, 2000


<PAGE>   5


                       BANC OF AMERICA FUNDING CORPORATION

                                  EXHIBIT INDEX


                                                                Sequentially
Exhibit No               Exhibit Description                    Numbered Page
- ----------               -------------------                    -------------

     99.1*               Computational Materials

- ------------
     *In accordance with Rule 311 of Regulation S-T, this exhibit is being filed
in paper under cover of Form SE.



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