-----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, JeOAaGaeBmYCbjNfc2yJ4EdwY1h2be1DGyuT4KOL7WpI1hh4e8h+EXYS+mTDDUAJ 1l+6c3J7vDLRO5rQUD/0Mw== 0000893220-99-000900.txt : 19990811 0000893220-99-000900.hdr.sgml : 19990811 ACCESSION NUMBER: 0000893220-99-000900 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990524 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990810 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANTA REVOLVING HOME EQUITY LOAN TRUST 1999-A CENTRAL INDEX KEY: 0001092573 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 232723382 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-77927-01 FILM NUMBER: 99683154 BUSINESS ADDRESS: STREET 1: WELSH & MCKEAN RD P O BOX 844 CITY: SPRING HOUSE STATE: PA ZIP: 19477 BUSINESS PHONE: 2156574000 MAIL ADDRESS: STREET 1: WELSH & MCKEAN ROAD STREET 2: P O BOX 844 CITY: SPRING HOUSE STATE: PA ZIP: 19477 8-K 1 CURRENT REPORT 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 (Date of earliest event reported) May 24, 1999 Advanta Mortgage Conduit Services, Inc., as Sponsor on behalf of Advanta Revolving Home Equity Loan Trust 1999-A (Exact name of registrant as specified in its charter) Delaware 333-77297-01 23-2723382 (State or Other Jurisdiction of Incorporation) (Commission File (I.R.S. Employer Identification Number) No.) Advanta Conduit Receivables, Inc. (Exact name of registrant as specified in its charter) Nevada 333-77927-01 88-0360305 (State or Other Jurisdiction of Incorporation) (Commission File (I.R.S. Employer Identification Number) No.) Attention: General Counsel 10790 Rancho Bernardo Road San Diego, California 92127 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code (619) 674-1800
16875 West Bernardo Drive, San Diego, California 92127 (Former name or former address, if changed since last report) 2 Item 5. Other Events The consolidated financial statements of Ambac Assurance Corporation and subsidiaries as of December 31, 1998 and December 31, 1997, for each of the years in the three-year period ended December 31, 1998, prepared in accordance with generally accepted accounting principles, included in the Annual Report on Form 10-K of Ambac Financial Group, Inc. (which was filed with the Securities and Exchange Commission on March 30, 1999; Commission File Number 1-10777) and the unaudited consolidated financial statements of Ambac Assurance Corporation and subsidiaries as of March 31, 1999, and for the periods ended March 31, 1999 and March 31, 1998, included in the Quarterly Report on Form 10-Q of Ambac Financial Group, Inc. for the period ended March 31, 1999 (which was filed with the Securities and Exchange Commission on May 12, 1999) are hereby incorporated by reference in (i) this Current Report on Form 8-K; (ii) the prospectus; and (iii) the prospectus supplement, and shall be deemed to be part hereof and thereof. In connection with the issuance of the Certificates, the Company is filing herewith the consent of KPMG LLP ("KPMG") to the use of their name and the incorporation by reference of their report in the prospectus supplement relating to the issuance of the Certificates. The consent of KPMG is attached hereto as Exhibit 23.1. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) Not applicable (b) Not applicable. (c) Exhibits Exhibit No. Description 23.1 Consent of KPMG LLP 2 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ADVANTA REVOLVING HOME EQUITY LOAN TRUST 1999-A By: Advanta Mortgage Conduit Services, Inc. By: /s/ Michael Coco ----------------------------------------- Name: Michael Coco Title: Vice President ADVANTA CONDUIT RECEIVABLES, INC. By: /s/ Michael Coco ----------------------------------------- Name: Michael Coco Title: Vice President Dated: May 24, 1999 3 4 EXHIBIT INDEX
Exhibit No. Description - ----------- ----------- 23.1 Consent of KPMG LLP
4 EX-23.1 2 CONSENT OF KPMG LLP 1 EXHIBIT 23.1 INDEPENDENT AUDITORS' CONSENT The Board of Directors Ambac Assurance Corporation: We consent to the incorporation by reference in the registration statement (No. 333-77927) of Advanta Mortgage Conduit Services, Inc., and Advanta Conduit Receivables Inc. (together, the "Registrant") relating to the Advanta Revolving Home Equity Trust 1999-A and in the Prospectus Supplement of the Registrant (the "Prospectus Supplement") via the Form 8-K of the Registrant dated May 20, 1999, of our report dated January 27, 1999 on the consolidated financial statements of Ambac Assurance Corporation and subsidiaries as of December 31, 1998 and 1997, and for each of the years in the three-year period ended December 31, 1998 which report appears in the Form 10-K of Ambac Financial Group, Inc., which was filed with the Securities and Exchange Commission on March 30, 1999 and to the reference to our firm under the heading "Experts" in the Prospectus Supplement. /s/ KPMG LLP New York, New York May 24, 1999 -----END PRIVACY-ENHANCED MESSAGE-----