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: December 14, 2000
(Date of earliest event reported)
Residential Funding Mortgage Securities II, Inc.
(Exact name of registrant as specified in its charter)
Delaware 333-36244 41-1808858
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(State or Other Juris- (Commission (I.R.S. Employer
diction of Incorporation) File Number) Identification No.)
8400 Normandale Lake Blvd., Suite 600, Minneapolis, Minnesota 55437
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(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code:(612) 832-7000
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Item 5. Other Events.
On December 21, 2000, the Registrant will cause the issuance and
sale of $515,000,000 initial principal amount of Home Loan-Backed Notes,
Series 2000-HI5, (the "Notes") pursuant to an Indenture to be dated as
of December 21, 2000, between Home Loan Trust 2000-HI5, as issuer and
The Chase Manhattan Bank, as Indenture Trustee.
In connection with the sale of the Notes by Bear, Stearns & Co.
Inc., Salomon Smith Barney, and Residential Funding Securities
Corporation (collectively, the "Underwriters"), the Registrant has been
advised by the Underwriters, that the Underwriters have furnished to
prospective investors certain yield tables and other computational
materials (the "Computational Materials") with respect to the Notes
following the effective date of Registration Statement No. 333-36244,
which Computational Materials are being filed manually as exhibits to
this report.
The Computational Materials have been provided by the
Underwriters. The information in the Computational Materials is
preliminary and will be superseded by the Prospectus Supplement relating
to the Notes and by any other information subsequently filed with the
Securities and Exchange Commission.
The Underwriters have 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 Underwriters 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
Home Loans underlying the Notes (the "Home 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 Home 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
1 99 Computational Materials
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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 Lundsten
Name: Lisa Lundsten
Title: Vice President
Dated: December 14, 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 Materials Filed
Electronically
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EXHIBIT
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