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) April 29, 1999
GE CAPITAL MORTGAGE SERVICES, INC.
(as Seller and Servicer under the Pooling and
Servicing Agreement, dated as of April 1, 1999,
providing for the issuance of REMIC Multi-Class
Pass-Through Certificates, Series 1999-06)
GE Capital Mortgage Services, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 33-5042 21-0627285
-------------------------------
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
Three Executive Campus
Cherry Hill, New Jersey 08002
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code (609) 661-6100
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
General.
On April 29, 1999, GE Capital Mortgage Services, Inc. ("GECMSI") offered to
investors certain classes of its REMIC Mortgage Pass-Through Certificates,
Series 1999-06 (the "Certificates") evidencing beneficial ownership interests in
a trust fund (the "Trust Fund"). The assets of the Trust Fund consist primarily
of two pools ("Pool 1999-06-01" and "Pool 1999-06-02") of conventional, one- to
four-family residential loans (the "Mortgage Loans"). Capitalized terms used
herein and not otherwise defined shall have the meanings assigned to them in the
Prospectus dated April 29, 1999 as supplemented by the Prospectus Supplement
dated April 22, 1999.
The original principal balance of each Class of the Certificates is as follows:
Class 1-A1 $95,940,000.00
Class 1-A2 $96,506,000.00
Class 1-A3 $8,497,000.00
Class 1-A4 $131,909,000.00
Class 1-A5 $62,400,000.00
Class 1-A6 $10,600,000.00
Class 1-A7 $1,071,571.00
Class 1-A8 $7,757,000.00
Class 1-A9 $6,568,500.00
Class 1-A10 $5,431,500.00
Class 1-A11 $771,429.00
Class 1-A12 $3,000,000.00
Class 2-A1 $171,397,000.00
Class 2-A2 $15,420,000.00
Class 2-A3 $27,000,000.00
Class 2-A5 $27,000,000.00
Class R $100.00
Class M $13,022,000.00
Class B1 $5,280,000.00
Class B2 $3,042,000.00
Class B3 $3,519,000.00
Class B4 $1,408,000.00
Class B5 $1,887,266.40
Total : $699,427,366.40
The initial Junior Percentage and initial Senior Percentage for Pool 1999-06 are
approximately 4.00% and 96.00%, respectively. The "Bankruptcy Loss Amount," the
"Fraud Loss Amount" and the "Special Hazard Loss Amount" for Pool 1999-06-01 as
of the initial issuance of the Certificates are $140,297.00, $4,515,823.00 and
$5,850,634.00, respectively, representing approximately .03%, 1.00%, and 1.30%,
respectively, of the aggregate Scheduled Principal Balances of the Mortgage
Loans in Pool 1999-06-02 as of April 1, 1999 (the "Cut-off Date"). The
"Bankruptcy Loss Amount," the "Fraud Loss Amount" and the "Special Hazard Loss
Amount" for Pool 1999-06-02 as of the initial issuance of the Certificates are
$100,000.00, $2,523,648.00 and $4,416,385.00, respectively, representing
approximately .04%, 1.00%, and 1.75%, respectively, of the aggregate Scheduled
Principal Balances of the Mortgage Loans in Pool 1999-06-02 as of the Cut-off
Date.
Description of the Mortgage Pool and the Mortgaged Properties
- -------------------------------------------------------------
Pool 1999-06-01
- ---------------
Pool 1999-06-01 consists primarily of fixed-rate, fully-amortizing conventional
Mortgage Loans evidenced by Mortgage Notes which have original maturities of 20
to 30 years and an aggregate outstanding Scheduled Principal Balance as of the
Cut-off Date, after deducting payments of principal due on or before such date
and prepayments of principal received before such date, of $451,582,304.25.
The interest rates (the "Mortgage Rates") borne by the 1370 Mortgage Loans
conveyed by GECMSI to Pool 1999-06-01 range from 6.2500% to 9.5000% and the
weighted average Mortgage Rate as of the Cut-off Date is 7.1494% per annum (all
weighted averages in this filing are weighted by aggregate outstanding Scheduled
Principal Balance as of the Cut-off Date). At origination, the principal
balances of the Mortgage Loans in Pool 1999-06-01 ranged from $19,350.00 to
$1,500,000.00, and, as of the Cut-off Date, the average outstanding Scheduled
Principal Balance of the Mortgage Loans in Pool 1999-06-01 is $329,622.12, after
application of principal payments due on or before the Cut-off Date and
prepayments of principal received before such date. The earliest origination
date of any Mortgage Loan in Pool 1999-06-01 is March 1987, and the latest
scheduled maturity date of any such Mortgage Loan is April 2029. The weighted
average loan-to-value ratio of the Mortgage Loans as of the Cut-off Date in Pool
1999-06-01 is 73.0656%.
The Mortgage Loans in Pool 1999-06-01 have the following characteristics as of
the Cut-off Date.
a) The following table sets forth information, as of the Cut-off Date, with
respect to the Mortgage Rates borne by the Mortgage Loans in Pool
1999-06-01:
MORTGAGE # OF AGGREGATE BALANCES % OF POOL BY
RATES LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
6.2500% 4 $1,122,860.59 0.2487%
6.3750% 3 $938,012.23 0.2077%
6.5000% 19 $6,801,076.95 1.5061%
6.6250% 28 $9,763,326.30 2.1620%
6.7500% 78 $26,291,825.90 5.8222%
6.8750% 213 $74,534,423.89 16.5052%
6.9000% 1 $264,152.56 0.0585%
7.0000% 279 $93,064,013.89 20.6084%
7.1250% 182 $62,527,917.23 13.8464%
7.1500% 1 $343,312.09 0.0760%
7.2000% 1 $334,288.08 0.0740%
7.2500% 217 $74,679,430.90 16.5373%
7.2750% 1 $339,470.56 0.0752%
7.3750% 118 $38,332,841.09 8.4886%
7.5000% 85 $27,205,370.64 6.0245%
7.5500% 1 $892,492.71 0.1976%
7.6250% 44 $12,446,238.89 2.7561%
7.7500% 19 $4,667,445.11 1.0336%
7.8750% 8 $1,557,992.33 0.3450%
8.0000% 14 $2,705,475.88 0.5991%
8.1250% 5 $556,939.60 0.1233%
8.2500% 7 $1,391,180.33 0.3081%
8.3750% 4 $1,189,154.14 0.2633%
8.5000% 11 $2,511,086.71 0.5561%
8.6250% 6 $1,413,600.78 0.3130%
8.7500% 6 $1,518,813.76 0.3363%
8.8750% 7 $1,813,708.47 0.4016%
9.0000% 3 $1,030,030.61 0.2281%
9.1250% 1 $94,286.36 0.0209%
9.2500% 1 $207,280.14 0.0459%
9.3750% 2 $798,396.61 0.1768%
9.5000% 1 $245,858.92 0.0544%
Total 1,370 $451,582,304.25 100.0000%
b) The following table sets forth information, as of the Cut-off Date, with
respect to the original principal balances of the Mortgage Loans in Pool
1999-06-01:
ORIGINAL # OF AGGREGATE BALANCES % OF POOL BY
BALANCES LOANS AS OF CUT-OFF DATE AGGREGATE BAL.
$ 0 - 227,150 95 $12,473,336.68 2.7621%
$227,151 - 250,000 67 $16,094,425.85 3.5640%
$250,001 - 300,000 469 $129,292,524.60 28.6309%
$300,001 - 350,000 323 $105,016,505.60 23.2552%
$350,001 - 400,000 178 $66,866,124.65 14.8071%
$400,001 - 450,000 88 $37,392,130.32 8.2803%
$450,001 - 600,000 117 $59,473,739.58 13.1701%
$600,001 - 650,000 22 $14,086,541.40 3.1194%
$650,001 - 1,500,000 + 11 $10,886,975.57 2.4109%
Total 1,370 $451,582,304.25 100.0000%
The largest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 1999-06-01 is $1,498,800.47.
The smallest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 1999-06-01 is $19,350.00.
c) The following table sets forth information, as of the Cut-off Date, with
respect to the years of origination of the Mortgage Loans in Pool
1999-06-01:
YEAR OF # OF AGGREGATE BALANCES % OF POOL BY
ORIGINATION LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
1987 1 $402,500.00 0.0891%
1990 1 $171,783.04 0.0380%
1991 2 $310,475.32 0.0688%
1992 29 $9,004,624.40 1.9940%
1995 1 $329,390.94 0.0729%
1996 1 $432,000.00 0.0957%
1998 169 $51,306,226.62 11.3614%
1999 1,166 $389,625,303.93 86.2801%
Total 1,370 $451,582,304.25 100.0000%
d) The following table sets forth information, as of the Cut-off Date, with
respect to the loan-to-value ratios of the Mortgage Loans at origination in
Pool 1999-06-01:
LOAN-TO-VALUE
RATIO AT # OF AGGREGATE BALANCES % OF POOL BY
ORIGINATION LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
00.000 - 50.00 65 $23,493,644.86 5.2025%
50.001 - 60.00 116 $40,587,706.28 8.9879%
60.001 - 70.00 220 $79,991,897.91 17.7137%
70.001 - 75.00 220 $73,419,978.32 16.2584%
75.001 - 80.00 563 $183,196,746.32 40.5678%
80.001 - 85.00 29 $7,893,412.82 1.7479%
85.001 - 90.00 106 $30,148,311.61 6.6761%
90.001 - 95.00 51 $12,850,606.13 2.8457%
Total 1,370 $451,582,304.25 100.0000%
e) The following table sets forth information, as of the Cut-off Date, with
respect to the type of Mortgaged Properties securing the Mortgage Loans in
Pool 1999-06-01:
TYPE OF # OF AGGREGATE BALANCES % OF POOL BY
DWELLING LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Single-family detached 1,279 $425,329,380.08 94.1865%
Single-family attached 16 $5,080,091.20 1.1250%
Condominium 48 $12,542,343.13 2.7774%
2 - 4 Family Units 23 $7,736,140.61 1.7131%
Co-op 4 $894,349.23 0.1980%
Total 1,370 $451,582,304.25 100.0000%
f) The following table sets forth information, as of the Cut-off Date, with
respect to the occupancy status of the Mortgaged Properties securing the
Mortgage Loans as represented by the mortgagors at origination in Pool
1999-06-01:
# OF AGGREGATE BALANCES % OF POOL BY
OCCUPANCY LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Owner Occupied 1,322 $440,649,419.97 97.5790%
Vacation 32 $8,680,520.32 1.9222%
Investment 16 $2,252,363.96 0.4988%
Total 1,370 $451,582,304.25 100.0000%
g) The following table sets forth information, as of the Cut-off Date, with
respect to the geographic distribution of the Mortgaged Properties securing
the Mortgage Loans in Pool 1999-06-01:
STATE # OF AGGREGATE BALANCES % OF POOL BY
LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Alabama 2 $724,799.17 0.1605%
Arizona 43 $13,586,309.36 3.0086%
Arkansas 2 $648,616.24 0.1436%
California 648 $225,689,018.51 49.9776%
Colorado 56 $17,616,456.06 3.9011%
Connecticut 22 $7,196,309.18 1.5936%
Delaware 3 $959,364.75 0.2124%
District Of Columbia 5 $1,745,498.41 0.3865%
Florida 53 $14,059,483.94 3.1134%
Georgia 66 $20,692,538.30 4.5822%
Hawaii 3 $662,959.02 0.1468%
Illinois 52 $16,608,958.78 3.6779%
Indiana 3 $756,993.25 0.1676%
Iowa 1 $118,787.73 0.0263%
Kentucky 3 $1,054,150.04 0.2334%
Louisiana 2 $462,672.36 0.1025%
Maine 1 $341,739.77 0.0757%
Maryland 16 $5,570,608.02 1.2336%
Massachusetts 53 $16,464,491.12 3.6460%
Michigan 7 $2,161,935.42 0.4787%
Minnesota 4 $1,771,495.19 0.3923%
Missouri 8 $2,593,842.71 0.5744%
Nevada 8 $2,925,977.66 0.6479%
New Hampshire 4 $1,430,569.20 0.3168%
New Jersey 84 $25,503,399.88 5.6476%
New Mexico 3 $835,176.59 0.1849%
New York 46 $14,266,807.75 3.1593%
North Carolina 5 $1,888,721.84 0.4182%
Ohio 4 $1,220,830.95 0.2703%
Oregon 21 $6,689,578.64 1.4814%
Pennsylvania 31 $10,505,663.22 2.3264%
Rhode Island 6 $1,978,000.00 0.4380%
South Carolina 5 $1,503,439.50 0.3329%
South Dakota 1 $419,326.27 0.0929%
Tennessee 3 $823,813.88 0.1824%
Texas 13 $3,880,488.00 0.8593%
Utah 7 $2,059,746.68 0.4561%
Vermont 3 $823,236.39 0.1823%
Virginia 30 $9,409,127.52 2.0836%
Washington 43 $13,931,372.95 3.0850%
Total 1,370 $451,582,304.25 100.0000%
h) The following table sets forth information, as of the Cut-off Date, with
respect to the maturity dates of the Mortgage Loans in Pool 1999-06-01:
YEAR OF # OF AGGREGATE BALANCES % OF POOL BY
MATURITY LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
2019 15 $3,979,323.91 0.8812%
2020 1 $171,783.04 0.0380%
2022 30 $8,850,099.72 1.9598%
2023 1 $351,044.12 0.0777%
2024 6 $1,970,963.23 0.4365%
2027 2 $420,896.41 0.0932%
2028 80 $22,152,814.26 4.9056%
2029 1,235 $413,685,379.56 91.6080%
Total 1,370 $451,582,304.25 100.0000%
The weighted average scheduled remaining term to maturity of the Mortgage Loans
in Pool 1999-06-01 calculated as of the Cut-off Date is 355 months.
i) The following table sets forth information, as of the Cut-off Date, with
respect to the purpose of the Mortgage Loans in Pool 1999-06-01:
PURPOSE OF # OF AGGREGATE BALANCES % OF POOL BY
LOAN LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Purchase 482 $151,980,581.67 33.6551%
Rate Term/Refinance 637 $215,237,813.81 47.6631%
Cash-out Refinance 251 $84,363,908.77 18.6818%
Total 1,370 $451,582,304.25 100.0000%
Description of the Mortgage Pool and the Mortgaged Properties
- -------------------------------------------------------------
Pool 1999-06-02
- ---------------
Pool 1999-06-02 consists primarily of fixed-rate, fully-amortizing conventional
Mortgage Loans evidenced by Mortgage Notes which have original maturities of 20
to 30 years and an aggregate outstanding Scheduled Principal Balance as of the
Cut-off Date, after deducting payments of principal due on or before such date
and prepayments of principal received before such date, of $252,364,834.85.
The interest rates (the "Mortgage Rates") borne by the 741 Mortgage Loans
conveyed by GECMSI to Pool 1999-06-02 range from 6.2500% to 9.8750% and the
weighted average Mortgage Rate as of the Cut-off Date is 7.1719% per annum (all
weighted averages in this filing are weighted by aggregate outstanding Scheduled
Principal Balance as of the Cut-off Date). At origination, the principal
balances of the Mortgage Loans in Pool 1999-06-02 ranged from $69,500.00 to
$1,100,000.00, and, as of the Cut-off Date, the average outstanding Scheduled
Principal Balance of the Mortgage Loans in Pool 1999-06-02 is $340,573.33, after
application of principal payments due on or before the Cut-off Date and
prepayments of principal received before such date. The earliest origination
date of any Mortgage Loan in Pool 1999-06-02 is October 1991, and the latest
scheduled maturity date of any such Mortgage Loan is April 2029. The weighted
average loan-to-value ratio of the Mortgage Loans as of the Cut-off Date in Pool
1999-06-02 is 72.9605%.
The Mortgage Loans in Pool 1999-06-02 have the following characteristics as of
the Cut-off Date.
b) The following table sets forth information, as of the Cut-off Date, with
respect to the Mortgage Rates borne by the Mortgage Loans in Pool
1999-06-02:
MORTGAGE # OF AGGREGATE BALANCES % OF POOL BY
RATES LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
6.2500% 2 $536,989.99 0.2128%
6.3750% 2 $694,206.43 0.2751%
6.5000% 12 $3,990,624.93 1.5813%
6.6250% 17 $5,474,393.43 2.1692%
6.7500% 40 $13,444,180.37 5.3273%
6.8750% 89 $30,580,305.13 12.1175%
7.0000% 160 $53,168,902.66 21.0682%
7.1250% 116 $40,087,328.46 15.8847%
7.2500% 95 $34,345,025.30 13.6093%
7.3750% 79 $27,569,122.30 10.9243%
7.5000% 68 $24,181,035.52 9.5818%
7.6250% 17 $5,628,191.73 2.2302%
7.7500% 8 $2,614,384.80 1.0360%
7.8750% 8 $2,332,427.37 0.9242%
8.0000% 3 $532,808.01 0.2111%
8.1250% 1 $307,798.53 0.1220%
8.2500% 3 $1,355,997.84 0.5373%
8.3750% 1 $336,134.67 0.1332%
8.5000% 6 $1,382,244.72 0.5477%
8.6250% 8 $2,259,691.78 0.8954%
8.7500% 2 $434,386.76 0.1721%
8.8750% 2 $618,253.19 0.2450%
9.0000% 1 $250,151.38 0.0991%
9.8750% 1 $240,249.55 0.0952%
Total 741 $252,364,834.85 100.0000%
b) The following table sets forth information, as of the Cut-off Date, with
respect to the original principal balances of the Mortgage Loans in Pool
1999-06-02:
ORIGINAL # OF AGGREGATE BALANCES % OF POOL BY
BALANCES LOANS AS OF CUT-OFF DATE AGGREGATE BAL.
$ 0 - 227,150 35 $5,960,729.15 2.3619%
$227,151 - 250,000 41 $9,834,432.59 3.8969%
$250,001 - 300,000 249 $68,564,863.01 27.1691%
$300,001 - 350,000 158 $51,477,074.48 20.3979%
$350,001 - 400,000 102 $38,231,867.13 15.1494%
$400,001 - 450,000 61 $26,115,299.64 10.3482%
$450,001 - 600,000 70 $35,040,665.66 13.8849%
$600,001 - 650,000 18 $11,346,140.43 4.4959%
$650,001 - 1,000,000 + 7 $5,793,762.76 2.2958%
Total 741 $252,364,834.85 100.0000%
The largest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 1999-06-02 is $1,099,183.64.
The smallest outstanding Scheduled Principal Balance of any Mortgage Loan, as of
the Cut-off Date, in Pool 1999-06-02 is $69,500.00.
c) The following table sets forth information, as of the Cut-off Date, with
respect to the years of origination of the Mortgage Loans in Pool
1999-06-02:
YEAR OF # OF AGGREGATE BALANCES % OF POOL
ORIGINATION LOANS AS OF CUT-OFF DATE BY AGGREGATE BALANCE
1991 1 $240,249.55 0.0952%
1992 20 $5,624,690.94 2.2288%
1997 1 $333,719.39 0.1322%
1998 54 $19,395,809.28 7.6856%
1999 665 $226,770,365.69 89.8582%
Total 741 $252,364,834.85 100.0000%
d) The following table sets forth information, as of the Cut-off Date, with
respect to the loan-to-value ratios of the Mortgage Loans at origination in
Pool 1999-06-02:
LOAN-TO-VALUE
RATIO AT # OF AGGREGATE BALANCES % OF POOL BY
ORIGINATION LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
00.000 - 50.00 37 $14,153,970.09 5.6085%
50.001 - 60.00 48 $17,590,325.13 6.9702%
60.001 - 70.00 130 $46,096,611.13 18.2659%
70.001 - 75.00 139 $49,523,523.36 19.6238%
75.001 - 80.00 303 $100,855,730.86 39.9642%
80.001 - 85.00 15 $4,140,936.60 1.6409%
85.001 - 90.00 40 $12,261,574.75 4.8587%
90.001 - 95.00 29 $7,742,162.93 3.0678%
Total 741 $252,364,834.85 100.0000%
e) The following table sets forth information, as of the Cut-off Date, with
respect to the type of Mortgaged Properties securing the Mortgage Loans in
Pool 1999-06-02:
TYPE OF # OF AGGREGATE BALANCES % OF POOL BY
DWELLING LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Single-family detached 679 $232,671,241.74 92.1964%
Single-family attached 6 $2,264,605.07 0.8974%
Condominium 36 $10,100,268.58 4.0022%
2 - 4 Family Units 20 $7,328,719.46 2.9040%
Total 741 $252,364,834.85 100.0000%
f) The following table sets forth information, as of the Cut-off Date, with
respect to the occupancy status of the Mortgaged Properties securing the
Mortgage Loans as represented by the mortgagors at origination in Pool
1999-06-02:
# OF AGGREGATE BALANCES % OF POOL BY
OCCUPANCY LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Owner Occupied 724 $248,210,554.98 98.3539%
Vacation 8 $2,111,872.26 0.8368%
Investment 9 $2,042,407.61 0.8093%
Total 741 $252,364,834.85 100.0000%
g) The following table sets forth information, as of the Cut-off Date, with
respect to the geographic distribution of the Mortgaged Properties securing
the Mortgage Loans in Pool 1999-06-02:
# OF AGGREGATE BALANCES % OF POOL BY
STATE LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
California 741 $252,364,834.85 100.0000%
Total 741 $252,364,834.85 100.0000%
h) The following table sets forth information, as of the Cut-off Date, with
respect to the maturity dates of the Mortgage Loans in Pool 1999-06-02:
YEAR OF # OF AGGREGATE BALANCES % OF POOL BY
MATURITY LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
2019 3 $823,546.53 0.3263%
2022 19 $4,978,371.05 1.9727%
2024 2 $560,832.74 0.2222%
2026 1 $646,319.89 0.2561%
2027 1 $333,719.39 0.1322%
2028 37 $13,366,570.50 5.2965%
2029 678 $231,655,474.75 91.7940%
Total 741 $252,364,834.85 100.0000%
The weighted average scheduled remaining term to maturity of the Mortgage Loans
in Pool 1999-06-02 calculated as of the Cut-off Date is 356.4 months.
i) The following table sets forth information, as of the Cut-off Date, with
respect to the purpose of the Mortgage Loans in Pool 1999-06-02:
PURPOSE OF # OF AGGREGATE BALANCES % OF POOL BY
LOAN LOANS AS OF CUT-OFF DATE AGGREGATE BALANCE
Purchase 239 $78,200,258.25 30.9870%
Rate Term/Refinance 339 $116,925,979.95 46.3321%
Cash-out Refinance 163 $57,238,596.65 22.6809%
Total 741 $252,364,834.85 100.0000%
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND EXHIBITS.
1.1 The Underwriting Agreement, dated as of May 22, 1996, and the
related Terms Agreement, dated as of April 22, 1999, for certain
of the Series 1999-06 Certificates between GE Capital Mortgage
Services, Inc. and Lehman Brothers Inc.
4.1 The Pooling and Servicing Agreement for the Series 1999-06
Certificates, dated as of April 1, 1999, between GE Capital Mortgage
Services, Inc., as seller and servicer, and State Street Bank and Trust
Company, as trustee.
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/ Syed W. Ali
-------------------
Name: Syed W. Ali
Title: Vice President
Dated as of April 29, 1999
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: ___________________
Name: Syed W. Ali
Title: Vice President
Dated as of April 29, 1999
EXHIBIT INDEX
The exhibits are being filed herewith:
EXHIBIT NO. DESCRIPTION PAGE
1.1 The Underwriting Agreement, dated
as of May 22, 1996, and the related
Terms Agreement, dated as of April
22, 1999, for certain of the Series
1999-06 Certificates between GE
Capital Mortgage Services, Inc. and
Lehman Brothers Inc..
The Pooling and Servicing Agreement for
4.1 the Series 1999-06 Certificates, dated
as of April 1, 1999, between GE Capital
Mortgage Services, Inc., as seller and
servicer, and State Street Bank and
Trust Company, as trustee.