SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
X ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the period from February 28, 1995 (INCEPTION) to February 28, 1996
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from to
Commission File Number 0-15483/33-75416
Ryland Mortgage Securities Corporation, Series 1995-1, Mortgage
Participation Securities
(Exact name of registrant as specified in its charter)
Virginia N/A
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
Texas Commerce Bank, N.A.
P.O. Box 2558
Houston, TX
Attn: Joe Mustachio 77252-8039
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number including area code (713) 236-5094
Securities registered pursuant to Section 12 (b) of the Act:
NONE
Securities registered pursuant to Section 12 (g) of the Act:
NONE
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. Yes XX No
Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this
Form 10-K or any amendment to this Form 10-K. Yes No XX
Aggregate market value of voting stock held by non-affiliates of the
registrant as of February 28, 1996: NOT APPLICABLE
Number of shares of common stock outstanding as of February 28, 1996:
NOT APPLICABLE
Page 1 of 3 Pages
RYLAND MORTGAGE SECURITIES CORPORATION, SERIES 1995-1, MORTGAGE
PARTICIPATION SECURITIES
FORM 10-K
INDEX
Page Number
PART I.
Item 2. Properties 3
Item 3. Legal Proceedings 3
Item 4. Submission of Matters to a Vote of Security Holders 3
PART II.
Item 5. Market for Registrant's Common Equity and 3
Related Stockholder Matters
Item 8. Financial Statements and Supplementary Data 3
Item 9. Changes In and Disagreements With Accountants 3
on Accounting and Financial Disclosure
PART IV.
Item 14. Exhibits, Financial Statement Schedules 4
and Reports on Form 8-K
PART I.
Item 2. Properties
The Issuer has no physical properties. The Ryland Mortgage Securities
Corporation, Series 1995-1 Mortgage Participation Securities represent in
the aggregate the entire beneficial ownership interest in a trust
consisting primarily of conventional, one- to four-family, fully
amortizing, adjustable rate, first lien mortgage loans. We will furnish
an Annual Statement of Compliance delivered by the Mortgage Servicer to
the Trustee with respect to each Mortgage Servicer in the series.
Annual Statement of Compliance.............................................
............Not available currently.
Will be subsequently filed on Form 10K/A.
Item 3. Legal Proceedings
NONE.
Item 4. Submission of Matters to a Vote of Security Holders
No matters were submitted to a vote of holders of equity interest during
the period covered by this report through the solicitation of proxies or
otherwise.
PART II
Item 5. Market for the Registrant's Common Equity and Related Stockholder
Matters.
The Issuer does not issue stock. Presently, there is no established
trading market for the Trust's securities. The holders of the Ryland
Mortgage Securities Corporation, Series 1995-1 Mortgage Participation
Securities will be subsequently filed on Form 10K\A.
Item 8. Financial Statements and Supplementary Data.
Annual Statement of Compliance...........................................
.............Not available currently.
Will be subsequently filed on Form 10K/A.
Independent Accountant's Report on Servicer's
Servicing Activities....................................................
...........Not available currently.
Will be subsequently filed on Form 10K/A.
Item 9. Changes In and Disagreement with Accountants on Accounting and
Financial Disclosure.
NONE
PART III
Item 12. Security Ownership of Certain Beneficial Owners and Management.
Security Ownership of Certain Beneficial Owners...........................
................ Will be filed subsequently on Form 10K/A.
PART IV
Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8K
(a) (1) Financial Statements............Annual Statement of Compliance
and Independent Accountant's Report on Servicer's Servicing
Activities are not currently available. Will be filed subsequently
on Form 10K/A.
(a) (2) Financial Statement Schedules
NOT APPLICABLE
