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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) September 17, 2001
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 28202-6001
Charlotte, North Carolina
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(Zip Code)
(Address of Principal Executive Offices)
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 2001-CB3 (the
"Issuer") issued $306,234,000 in aggregate principal amount of its Asset-Backed
Certificates, Class A-IO, Class A-1A, Class M-1, Class M-2, Class B-1 and Class
B-2 (the "Certificates"), on September 6, 2001. 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 August 1, 2001, 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 August 1, 2001, the Mortgage Loans possessed the
characteristics described in the Prospectus dated September 9, 1999 and the
Prospectus Supplement dated September 6, 2001 filed pursuant to Rule 424(b)(5)
of the Act on September 19, 2001.
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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 September 6, 2001,
between Residential Asset Funding Corporation and First Union
Securities, Inc.
Exhibit 4.1. Pooling and Servicing Agreement, dated as of
August 1, 2001, 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 September 17, 2001.
Exhibit 10.1. Mortgage Loan Purchase Agreement, dated as of
August 1, 2001, 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/ Robert J. Perret
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Name: Robert J. Perret
Title: Director
Dated: September 17, 2001
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EXHIBIT INDEX
Exhibit No. Description
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Exhibit 1.1. Underwriting Agreement, dated September 6, 2001, between
Residential Asset Funding Corporation and First Union Securities, Inc.
Exhibit 4.1. Pooling and Servicing Agreement, dated as of August 1, 2001,
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
September 17, 2001.
Exhibit 10.1. Mortgage Loan Purchase Agreement, dated as of August 1, 2001, between
Credit-Based Asset Servicing and Securitization LLC, as Seller and
Residential Asset Funding Corporation, as Purchaser.