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) August 25, 2000
GE CAPITAL MORTGAGE SERVICES, INC.
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(as Seller and Servicer under Pooling and
Servicing Agreements each providing for the
issuance of a Series of Mortgage Pass-Through Certificates)
GE Capital Mortgage Services, Inc.
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(formerly known as Travelers Mortgage Services, Inc.)
(Exact name of registrant as specified in its charter)
New Jersey 33-5042 21-0627285
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(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
Three Executive Campus
Cherry Hill, New Jersey 08002
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including
area code (609) 661-6100
Item 5. Other Events
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1. On August 25, 2000 GE Capital Mortgage Services, Inc. ("GECMSI") passed
through to Certificateholders of Mortgage Pass-Through Certificates principal
and interest payments as required for the various Series of Mortgage
Pass-Through Certificates listed below and as detailed in Item 7, Financial
Statements, Pro Forma Financial Information and Exhibits, of this Report.
Series Distribution on Series
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Series 2000-01 $4,686,912.53
Series 2000-02 $1,524,468.59
Series 2000-03 $2,880,871.08
Series 2000-04 $4,614,877.87
Series 2000-05 $1,308,127.51
Series 2000-06 $1,561,251.46
Series 2000-07 $2,845,668.34
Series 2000-08 $2,142,245.02
Series 2000-09 $3,886,664.68
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$25,451,087.08
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2. GECMSI is currently exploring potential options for the outsourcing or sale
of its servicing and the sale of its origination operations. In the event that
GECMSI sells its servicing rights with respect to the mortgage loans and the
purchaser meets the criteria set forth in the respective Pooling and Servicing
Agreements between GECMSI and State Street Bank and Trust Company, as Trustee,
GECMSI will be released from its obligations and liabilities as Servicer under
the Pooling and Servicing Agreements other than those obligations and
liabilities incurred while it was acting as Servicer. Alternatively, GECMSI may
enter into a sub-servicing agreement with another servicer of residential
mortgage loans, pursuant to which such other entity would service for GECMSI the
mortgage loans currently directly serviced by GECMSI and master service for
GECMSI the mortgage loans currently covered by a Direct Master Servicing
Arrangement. In such event GECMSI would remain primarily liable for the proper
servicing of the mortgage loans under the Pooling and Servicing Agreements,
although GECMSI would no longer have the capability to service those loans
itself. As of the date of this filing, GECMSI has not entered into a binding
agreement for the outsourcing or sale of its servicing or origination business.
Item 7. Financial Statements and Exhibits
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Attached as Exhibits to Item 7 are the "Servicer's Certificate" and the
"Distribution Date Statement" filed as part of this Report.
Series Exhibit No. Description
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Series 2000-01 99.01 Servicer's Certificate
99.02 Distribution Date Statment
Series 2000-02 99.03 Servicer's Certificate
99.04 Distribution Date Statment
Series 2000-03 99.05 Servicer's Certificate
99.06 Distribution Date Statment
Series 2000-04 99.07 Servicer's Certificate
99.08 Distribution Date Statment
Series 2000-05 99.09 Servicer's Certificate
99.10 Distribution Date Statment
Series 2000-06 99.11 Servicer's Certificate
99.12 Distribution Date Statment
Series 2000-07 99.13 Servicer's Certificate
99.14 Distribution Date Statment
Series 2000-08 99.15 Servicer's Certificate
99.16 Distribution Date Statment
Series 2000-09 99.17 Servicer's Certificate
99.18 Distribution Date Statment
SIGNATURES
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 thereunto duly authorized.
GE CAPITAL MORTGAGE SERVICES, INC.
By: /s/ Janet Brogden
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Name: Janet Brogden
Title: Vice President
Finance Manager
Dated as of : August 25, 2000
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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99.01 Series 2000-01 Servicer's Certificate
99.02 Series 2000-01 Distribution Date Statement
99.03 Series 2000-02 Servicer's Certificate
99.04 Series 2000-02 Distribution Date Statement
99.05 Series 2000-03 Servicer's Certificate
99.06 Series 2000-03 Distribution Date Statement
99.07 Series 2000-04 Servicer's Certificate
99.08 Series 2000-04 Distribution Date Statement
99.09 Series 2000-05 Servicer's Certificate
99.10 Series 2000-05 Distribution Date Statement
99.11 Series 2000-06 Servicer's Certificate
99.12 Series 2000-06 Distribution Date Statement
99.13 Series 2000-07 Servicer's Certificate
99.14 Series 2000-07 Distribution Date Statement
99.15 Series 2000-08 Servicer's Certificate
99.16 Series 2000-08 Distribution Date Statement
99.17 Series 2000-09 Servicer's Certificate
99.18 Series 2000-09 Distribution Date Statement