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) July 29, 1999


                Deutsche Recreational Asset Funding Corporation
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             (Exact Name of Registrant as Specified in its Charter)



                                     Nevada
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                 (State or Other Jurisdiction of Incorporation)


          333-56303                                      91-1904587
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  (Commission File Number)                (I.R.S. Employer Identification No.)



655 Maryville Centre Drive, St. Louis, Missouri             63141
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  (Address of Principal Executive Offices)               (Zip Code)


                                (314) 523-3000
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             (Registrant's Telephone Number, Including Area Code)


                                Not Applicable
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         (Former Name or Former Address, if Changed Since Last Report)




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Item 5.   Other Events.

          The Registrant is filing the exhibits listed in Item 7(c) below in
connection with the offering of Asset Backed Notes by Distribution Financial
Services RV Trust 1999-3.

Item 7.   Financial Statements and Exhibits.

          (c)  Exhibits.


Exhibit
  No.             Document Description
- -------           --------------------
1.1               Underwriting Agreement dated March 12, 1999 among Deutsche
                  Bank Securities Inc., Deutsche Recreational Asset Funding
                  Corporation and Deutsche Financial Services Corporation.

1.2               Terms Agreement dated July 23, 1999 among Deutsche Bank
                  Securities Inc., Deutsche Recreational Asset Funding
                  Corporation and Deutsche Financial Services Corporation.

4.1               Amended and Restated Trust Agreement dated as of July 1, 1999
                  between Deutsche Recreational Asset Funding Corporation and
                  Norwest Bank Minnesota, National Association, as Owner
                  Trustee.

4.3               Indenture dated as of July 1, 1999 between Distribution
                  Financial Services RV Trust 1999-3 and The Chase Manhattan
                  Bank, as Indenture Trustee.

10.1              Transfer and Servicing Agreement dated as of July 1, 1999
                  among Deutsche Recreational Asset Funding Corporation,
                  Distribution Financial Services RV Trust 1999-3 and Deutsche
                  Financial Services Corporation.

10.3              Ganis/Depositor Transfer Agreement dated as of July 1, 1999
                  between Ganis Credit Corporation and Deutsche Recreational
                  Asset Funding Corporation.

10.4              DFS/Ganis Transfer Agreement dated as of July 1, 1999 between
                  Deutsche Financial Services Corporation and Ganis Credit
                  Corporation.


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                                   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 hereunto duly authorized.




                                           DEUTSCHE RECREATIONAL ASSET
                                           FUNDING CORPORATION
                                           (Registrant)




Dated: August 6, 1999                      By:/S/ Richard C. Goldman
                                              --------------------------
                                           Name: Richard C. Goldman
                                           Title: Vice President


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