-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BUzxOOsrcORUN5KwPFhz+chymFwe0b7Ne1mkd0t672M+SLHuW2zIFFTwxv/W9gA2 rgZtgcXlTNYnIGVUyyLnWA== 0000882377-97-000424.txt : 19971211 0000882377-97-000424.hdr.sgml : 19971211 ACCESSION NUMBER: 0000882377-97-000424 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971028 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19971210 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: IMH ASSETS CORP CENTRAL INDEX KEY: 0001017447 STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162] IRS NUMBER: 330705301 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-06637 FILM NUMBER: 97735693 BUSINESS ADDRESS: STREET 1: 20371 IRVINE AVE CITY: SANTA ANA HEIGHTS STATE: CA ZIP: 92707 BUSINESS PHONE: 7145560122 MAIL ADDRESS: STREET 1: 20371 IRVINE AVENUE CITY: SANTA ANA HEIGHTS STATE: CA ZIP: 92707 8-K 1 IMH ASSETS CORP. - -------------------------------------------------------------------------------- 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): October 28, 1997 IMPERIAL CMB TRUST SERIES 1997-2 (as issuer under a Series 1997-2 Indenture dated as of November 1, 1997, providing for, among other things, the issuance of Collateralized Asset-Backed Notes Series 1997-2) IMPERIAL CMB TRUST SERIES 1997-2, -------------------------------------------------- (Exact name of Issuer as specified in its charter) Delaware 333-38879 33-0705301 - ---------------------------- ----------- ---------------- (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification No.) c/o Wilmington Trust Company Rodney Square North 1100 North Market Street Wilmington, Delaware 19890 --------------------- ---------- (Address of Principal (Zip Code) Executive Offices) Registrant's telephone number, including area code, is (714) 556-0122 - -------------------------------------------------------------------------------- Item 2. ACQUISITION OR DISPOSITION OF ASSETS. For a description of the Notes and the Mortgage Pool, refer to the Indenture. Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (a) Not applicable (b) Not applicable (c) Exhibits: ITEM 601(A) OF REGULATION S-K EXHIBIT NO. EXHIBIT NO. DESCRIPTION - ----------- ----------- ----------- 1 99 Computational Materials-- Computational Materials (as defined in Item 5) that have been provided by the Underwriter to certain prospective purchasers of The IMH Assets Corp. Collateralized Asset-Backed Notes, Series 1997-2 (filed in paper pursuant to the automatic SEC exemption pursuant to Release 33-7427, August 7, 1997) -2- Item 5. OTHER EVENTS. On or about December 12, 1997, the Registrant will cause the issuance and sale of approximately $177,834,485 initial principal amount of Collateralized Asset-Backed Notes, Series 1997-2, Class A, Class M-1, Class M-2 and Class B (collectively, the "Notes") pursuant to an Indenture, to be dated as of November 1, 1997, between Imperial CMB Trust Series 1997-2, as issuer, and Bankers Trust Company of California, N.A., as indenture trustee. In connection with the sale of the Series 1997-2, Class A, Class M-1, Class M-2 and Class B (collectively, the "Underwritten Notes"), the Registrant has been advised by Bear, Stearns & Co. Inc. (the "Underwriter"), that the Underwriter has furnished to prospective investors certain yield tables and other computational materials (the "Computational Materials") with respect to the Underwritten Certificates following the effective date of Registration Statement No. 333-38879, which Computational Materials are being filed 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 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 Underwritten 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 a particular class of Underwritten 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 Underwritten Notes. -3- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. IMPERIAL CMB TRUST SERIES 1997-2 Wilmington Trust Company, not in its capacity but solely as Owner Trustee By: /s/ Debra A. Eberly ---------------------------------- Name: Debra A. Eberly Title: Administrative Account Manager Dated: December 10, 1997 -4- EXHIBIT INDEX Item 601 (a) of Sequentially Exhibit Regulation S-K Numbered Number Exhibit No. Description Page - ------ ----------- ----------- ---- 1 99 Computational Materials 6 -6- -----END PRIVACY-ENHANCED MESSAGE-----