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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): September 19, 2000
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
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(Exact name of registrant as specified in its charter)
Delaware 333-36244 41-1808858
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
8400 Normandale Lake Blvd., Suite 600 Minneapolis, Minnesota 55437
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (952) 832-7000
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Items 1 through 4, Item 6 and Item 8 are not included because they are not
applicable.
Item 5. Other Events.
On September 26, 2000, the Registrant will cause the issuance and sale
of $138,370,000.00 initial principal amount of Home Equity Loan-Backed Notes,
Series 2000-HS1 (the "Notes"), pursuant to an Indenture to be dated as of
September 26, 2000, between Home Equity Loan Trust 2000-HS1, as issuer and the
Chase Manhattan Bank, as Indenture Trustee.
In connection with the sale of the Notes by Residential Funding Securities
Corporation (the "Underwriter"), the Registrant has been advised that the
Underwriter has furnished to prospective investors certain yield tables and
other computational tables (the "Computational Materials") with respect to the
Notes following the effective date of Registration Statement No. 333-36244,
which Computational Materials are being filed electronically as exhibits to this
report.
The Computational Materials have been provided by the Underwriter. The
information in the Computational Materials is preliminary and may be superseded
by the Prospectus Supplement relating to the Notes and by any other information
subsequently filed with the Securities and Exchange Commission.
The Underwriter has advised the Registrant that certain information in
the Computational Materials may have been based on assumptions that differed
from the final pool information.
The Computational Materials were prepared by the Underwriter at the
request of certain prospective investors, based on assumptions provided by, and
satisfying the special requirements of, such prospective investors. The
Computational Materials may be 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. Accordingly, the
Computational Materials may not be relevant to or appropriate for investors
other than those specifically requesting them.
In addition, the actual characteristics and performance of the Mortgage
Loans underlying the Notes (the "Mortgage Loans") may differ from the
assumptions used in the Computational Materials, which are hypothetical in
nature and which were provided to certain investors only to give a general sense
of how the yield, average life, duration, expected maturity, interest rate
sensitivity and cash flow characteristics of the Notes 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 Notes.
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements.
Not applicable.
(b) Pro Forma Financial Information.
Not applicable.
(c) Exhibits:
Item 601(a) of
Regulation S-K
Exhibit No. Exhibit No. Description
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1 99 Computational Materials
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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 behalf of the Registrant
by the undersigned thereunto duly authorized.
RESIDENTIAL FUNDING MORTGAGE
SECURITIES II, INC.
By: /s/ Lisa R. Lundsten
Name: Lisa R. Lundsten
Title: Vice President
Dated: September 19, 2000
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Exhibit Index
Item 601(a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Page
1 99 Computational Electronically
Materials
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