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: February 17, 2000
(Date of earliest event reported)
Residential Funding Mortgage Securities II, Inc.
(Exact name of registrant as specified in its charter)
DELAWARE 333-77561 41-1808858
(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
(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 February 24, 2000, the Registrant will cause the issuance and
sale of $426,166,000 initial principal amount of Home Loan-Backed Notes,
Series 2000-HI1, (the "Notes") pursuant to an Indenture to be dated as
of February 24, 2000, between Home Loan Trust 2000-HI1, as issuer and
The Chase Manhattan Bank, as Indenture Trustee.
In connection with the sale of the Notes by Bear, Stearns & Co.
Inc.and Merrill Lynch, Pierce, Fenner & Smith Inc., (collectivly the
"Underwriters"), the Registrant has been advised 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. 333-77561, 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preliminary and may be superseded by the Prospectus Supplement
relating to the Certificates and by any other information subsequently
filed with the Securities and Exchange Commission.
The Computational Materials consist of the pages that appear
after the Form SE cover SHEET AND THE PAGE HEADED "NOTICE". 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: February 17, 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
Manually
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EXHIBIT
(Intentionally Omitted)
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