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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 13, 2000
Residential Asset Funding Corporation
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(Exact name of registrant as specified in its charter)
North Carolina 333-81721 56-2064715
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(State or Other Jurisdiction of (Commission File (I.R.S. Employer
Incorporation) Number) Identification No.)
301 South College Street, DC-06
Charlotte, North Carolina 28202-6001
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (704) 374-4868
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No Change
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(Former name or former address, if changed since last report)
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Item 2. Acquisition or Disposition of Assets
Description of the Certificates and the Mortgage Loans
Residential Asset Funding Corporation registered issuances of up to
$1,500,000,000 principal amount of Asset-Backed Certificates on a delayed or
continuous basis pursuant to Rule 415 under the Securities Act of 1933, as
amended (the "Act"), by the Registration Statement on Form S-3 (Registration
File No. 333-81721) (the "Registration Statement"). Pursuant to the Registration
Statement, C-BASS Mortgage Loan Asset-Backed Certificates, Series 2000-CB4 (the
"Issuer") issued $161,840,000 in aggregate principal amount of its Asset-Backed
Certificates, Class A-1F, Class A-2F, Class A-1A, Class M-1, Class M-2, Class
B-1 and Class B-2 (the "Certificates"), on December 13, 2000. This Current
Report on Form 8-K is being filed to satisfy an undertaking to file copies of
certain agreements executed in connection with the issuance of the Certificates.
The Certificates were issued pursuant to a Pooling and Servicing Agreement
(the "Agreement") attached hereto as Exhibit 4.1, dated as of November 1, 2000,
among Residential Asset Funding Corporation, as depositor (the "Depositor"), The
Chase Manhattan Bank, as trustee (the "Trustee"), Litton Loan Servicing LP, as
servicer (the "Servicer"), and Credit-Based Asset Servicing and Securitization
LLC, as seller (the "Seller"). The Certificates represent beneficial ownership
interests in a pool of mortgage loans and certain related property.
As of December 1, 2000, the Mortgage Loans possessed the characteristics
described in the Prospectus dated September 9, 1999 and the Prospectus
Supplement dated December 7, 2000 filed pursuant to Rule 424(b)(5) of the Act on
December 14, 2000.
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibit 1.1. Underwriting Agreement, dated December 7, 2000, between
Residential Asset Funding Corporation and First Union Securities, Inc.
Exhibit 4.1. Pooling and Servicing Agreement, dated as of November 1,
2000, among Residential Asset Funding Corporation, as Depositor,
Litton Loan Servicing LP., as Servicer, The Chase Manhattan Bank, as
Trustee, and Credit-Based Asset Servicing and Securitization LLC, as
Seller.
Exhibit 8.1. Opinion of Dewey Ballantine LLP regarding tax matters,
dated December 13, 2000.
Exhibit 10.1. Mortgage Loan Purchase Agreement, dated as of November
1, 2000, between Credit-Based Asset Servicing and Securitization LLC,
as Seller and Residential Asset Funding Corporation, as Purchaser.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
RESIDENTIAL ASSET FUNDING CORPORATION,
as Depositor and on behalf of 2000-CB4 Trust
Registrant
By: /s/ Eric Kaplan
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Name: Eric Kaplan
Title: Vice President
Dated: December 27, 2000
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EXHIBIT INDEX
Exhibit No. Description
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Exhibit 1.1. Underwriting Agreement, dated December 7, 2000, between Residential Asset Funding
Corporation and First Union Securities, Inc.
Exhibit 4.1. Pooling and Servicing Agreement, dated as of November 1, 2000, among Residential
Asset Funding Corporation, as Depositor, Litton Loan Servicing LP., as Servicer,
The Chase Manhattan Bank, as Trustee, and Credit-Based Asset Servicing and
Securitization LLC, as Seller.
Exhibit 8.1. Opinion of Dewey Ballantine LLP regarding tax matters, dated December 13, 2000.
Exhibit 10.1. Mortgage Loan Purchase Agreement, dated as of November 1, 2000, between
Credit-Based Asset Servicing and Securitization LLC,
as Seller and Residential Asset Funding Corporation,
as Purchaser.