SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Residential Accredit Loans Inc – ‘8-K’ for 11/25/97

As of:  Tuesday, 11/25/97   ·   For:  11/25/97   ·   Accession #:  949493-97-78   ·   File #:  33-95932

Previous ‘8-K’:  ‘8-K’ on / for 11/13/97   ·   Next:  ‘8-K’ on / for 12/2/97   ·   Latest:  ‘8-K’ on 9/7/07 for 9/6/07

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of                Filer                Filing    For·On·As Docs:Size

11/25/97  Residential Accredit Loans Inc    8-K:5,7    11/25/97    1:6K

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         1997-Qs12 Computational Materials                      6     13K 


Document Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
2Item 5. Other Events
3Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
8-K1st Page of 6TOCTopPreviousNextBottomJust 1st
 

-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: November 24, 1997 (Date of earliest event reported) Residential Accredit Loans Inc. (Exact name of registrant as specified in its charter) Delaware 33-95932 51-0368240 (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
8-K2nd Page of 6TOC1stPreviousNextBottomJust 2nd
-2- Item 5. Other Events. On November 26, 1997, the Registrant expects to cause the issuance and sale of Mortgage Pass-Through Certificates, Series 1997-QS12 (the "Certificates") pursuant to a Pooling and Servicing Agreement to be dated as of November 1, 1997, among the Registrant, Residential Funding Corporation, as Master Servicer, and Bankers Trust Company, Ltd., as Trustee. In connection with the expected sale of the Series 1997-QS12 [Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class R, Class M-1, Class M-2, Class M-3, Class B-1, Class B-2 and Class B-3.] Certificates (the "Underwritten Certificates"), the Registrant has been advised by Credit Suisse First Boston, (the "Underwriter"), that the Underwriter has furnished to prospective investors certain computational materials (the "Computational Materials") with respect to the Underwritten Certificates following the effective date of the related Registration Statement, which Computational Materials are being filed manually as an exhibit to this report. The Computational Materials filed herewith as Exhibit 99 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 related information subsequently filed with the Securities and Exchange Commission. 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 investors. The Computational Materials may be based on assumptions that differ from the assumptions set forth in the related 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 Certificates 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 a particular class of Underwritten Certificates may very 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 a particular class of Underwritten Certificates.
8-K3rd Page of 6TOC1stPreviousNextBottomJust 3rd
-3- Certain assumptions may have been made in the Computational Materials which have resulted in certain returns which are detailed in the Computational Materials. No representation is made that any returns set forth in the Computational Materials will be achieved. Changes to the assumptions used therein may have a material impact on any returns detailed. Past performance is not indicative of future results. 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
8-K4th Page of 6TOC1stPreviousNextBottomJust 4th
-4- 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 ACCREDIT LOANS INC. By: /s/ Randy Van Zee Name:Randy Van Zee Title: Vice President Dated: November 24, 1997
8-K5th Page of 6TOC1stPreviousNextBottomJust 5th
-5- EXHIBIT INDEX Item 601 (a) of Sequentially Exhibit Regulation S-K Numbered Number Exhibit No. Description Format 1 99 Computational P Materials
8-KLast Page of 6TOC1stPreviousNextBottomJust 6th
-6- EXHIBIT 1 (Intentionally Omitted)

Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘8-K’ Filing    Date First  Last      Other Filings
11/26/972424B5
Filed on / For Period End:11/25/978-K
11/24/9714
11/1/972
 List all Filings 
Top
Filing Submission 0000949493-97-000078   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Fri., Mar. 29, 3:11:24.2am ET