-----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, S/vZmDNLP+9KgnDoqex2oPmSU+pZuN0162AnlBe6kHnBiA5pmeFoxLZ94dgZEkYh 2jvYjRpQJP9If3EvZ2AQHg== 0001020242-98-000047.txt : 19980401 0001020242-98-000047.hdr.sgml : 19980401 ACCESSION NUMBER: 0001020242-98-000047 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980126 ITEM INFORMATION: FILED AS OF DATE: 19980331 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: FUND AMERICA INVESTORS CORP II MORT PS THR CERT SER 1996-A CENTRAL INDEX KEY: 0001053345 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-73748-02 FILM NUMBER: 98580522 BUSINESS ADDRESS: STREET 1: BANKERS TRUST CO STREET 2: 3 PARK PLAZA 16TH FL CITY: IRVINE STATE: CA ZIP: 92614 BUSINESS PHONE: 7142537606 MAIL ADDRESS: STREET 1: 3 PARK PLAZA STREET 2: 16TH FL CITY: IRVINE STATE: CA ZIP: 92614 8-K 1 March 24, 1998 Securities and Exchange Commission Judiciary Plaza 450 Fifth Street, N.W. Washington, D.C. 20549 Re: Fund America Investors Corporation II Mortgage Pass-Through Certificates, Series 1996-A; File No. 33-73748 Ladies and Gentlemen: Enclosed herewith for filing on behalf of Fund America Investors Corporation II is a Current Report on Form 8-K to report the acquisition by the Registrant of certain conventional first lien mortgage loans (the "Adjustable Rate Mortgage Loans") and second lien mortgage loans (the "Fixed Rate Mortgage Loan" and, together with the Adjustable Rate Mortgage Loans, the "Mortgage Loans"). The Mortgage Loans were pooled to form a mortgage pass-through certificate (the "Certificate") pursuant to the terms of a Pooling and Servicing Agreement dated as of April 1, 1996 (the "Pooling and Servicing") among the Registrant, as seller, ICI Funding Corporation , a California corporation, as master servicer, and Bankers Trust Company of California, N.A. as trustee (the "Pooling Trustee"). The Registrant then conveyed all of its right, title and interest in the Certificate to Fund America Investors V (the "Issuer") pursuant to the terms of a Deposit Trust Agreement dated as of April 25, 1995 (the "Deposit Trust Agreement") between the Issuer and Wilmington Trust Company, as owner trustee (the "Owner Trustee"). The Issuer then pledged all of its right, title and interest in the Certificate to Bankers Trust Company of California, N.A. as trustee (the "Indenture Trustee") as collateral for the bonds which were issued pursuant to an Indenture dated as of April 1, 1996 (the "Indenture") between the Issuer and the Indenture Trustee. The Certificates were registered under the Securities Act of 1933, as amended, by a Registration Statement on Form S-11 (File No. 33-73748). As a result, the Registrant is subject to the filing requirements of Section 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Trust intends to fulfill these filing requirements in the manner described herein: The agent for Registrant will file, promptly after each Distribution Date as defined in the Pooling and Servicing Agreement), a Current Report on Form 8-K in substantially the form enclosed herewith, including as an exhibit thereto the applicable Distribution Date report. Each such Current Report will also disclose under Item 5 any matter occurring during the relevant reporting period which would be reportable under Item 1, 2, 4 or 5 of Part II of Form 10-Q. Within 90 days after the end of each fiscal year, the agent for the Registrant will file an annual report of Form 10-K, which responds to Items 2, 3, and 4 of Part I, Items 5 and 9 of Part II, Items 12 and 13 of Part III and Item 14 of Part IV thereof, and include as exhibits thereto certain information from the Distribution Date reports aggregated for such year and a copy of the independent accountants' annual compliance statement required under the Pooling and Servicing Agreement. The agent for the Registrant will follow the above procedures except for any fiscal year as to which its reporting obligations under Section 15(d) of the Exchange Act have been suspended pursuant to such Section. In such event, the agent for the Registrant will file a Form 15 as required under Rule 15d-6. Should you wish to discuss the above filing procedures, please call Judy L. Gomez at (714) 253-7562. Sincerely, /s/ Judy L. Gomez Assistant Vice President Bankers Trust Company of California, N.A. S.E.C. Reporting Agent for Fund America Investors Corporation II Mortgage Pass-Through Certificates, Series 1996-A. 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): December 26, 1997 FUND AMERICA INVESTORS CORPORATION II (as Seller under the Pooling and Servicing Agreement, dated as of April 1, 1996, which forms Fund America Investors Corporation II Mortgage Pass-Through Certificates, Series 1996-A). FUND AMERICA INVESTORS CORPORATION II (Exact name of Registrant as specified in its Charter) DELAWARE (State or Other Jurisdiction of Incorporation) 33-73748 84-1218906 (Commission File Number) (I.R.S. Employer Identification No.) 6400 S. FIDDLER'S GREEN CIRCLE SUITE 1200B ENGLEWOOD, COLORADO 200 VESEY STREET 80111 (Address of principal executive offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (303) 290-2065 ITEM 5. Other Events Attached hereto are copies of the Monthly Remittance Statements to the Certificateholders which were derived from the monthly information submitted by the Master Servicer to the Trustee. ITEM 7. Financial Statement and Exhibits Exhibits: (as noted in Item 5 above) Monthly Remittance Statement to the Certificateholders dated as of December 26, 1997. 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. Bankers Trust Company of California, N.A., not in its individual capacity, but solely as a duly authorized agent of the Registrant pursuant to the Pooling and Servicing Agreement, dated as of April 1, 1996. Date: March 24, 1998 By: /s/ Judy L. Gomez Judy L. Gomez Assistant Vice President EXHIBIT INDEX Sequential Document Page Number Monthly Remittance Statement to the Certificateholders dated as of December 26, 1997. 3 FUND AMERICA INVESTORS TRUST V SERIES 1996A BONDS Statement To Certificateholders DISTRIBUTIONS IN DOLLARS PRIOR ORIGINAL PRINCIPAL CLASS FACE VALUE BALANCE INTEREST PRINCIPAL A-1 296,300,000.00 156,484,088.10 815,021.29 4,606,233.66 CURRENT REALIZED DEFERRED PRINCIPAL TOTAL LOSSES INTEREST BALANCE 5,421,254.95 0.00 0.00 151,877,854.44 TOTALS PRIOR ORIGINAL PRINCIPAL FACE VALUE BALANCE INTEREST PRINCIPAL 296,300,000.00 156,484,088.10 815,021.29 4,606,233.66 CURRENT REALIZED DEFERRED PRINCIPAL TOTAL LOSSES INTEREST BALANCE 5,421,254.958 0.00 0.00 151,877,854.44 FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PRIOR PRINCIPAL CLASS CUSIP BALANCE INTEREST PRINCIPAL TOTAL A-1 FA96A1001 528.127196 2.750662 15.545844 18.296507 CURRENT PRINCIPAL PASS-THROUGH RATES BALANCE CURRENT NEXT 512.581351 6.250000% N/A SELLER: Fund America Investors Trust V ADMINISTRATOR: David Arnold SERVICER: ICI Funding Corporation Bankers Trust Company LEAD UNDERWRITER: Salomon Brothers Inc. 3 Park Plaza RECORD DATE: November 28, 1997 Irvine, CA 92714 DISTRIBUTION DATE: December 26, 1997 FACTOR INFORMATION: (800) 735-7777 Page 1 of 1 COPYRIGHT 1997 Bankers Trust Company -----END PRIVACY-ENHANCED MESSAGE-----