UNITED STATES

                       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 28, 2006



                    RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC.

                                ON BEHALF OF THE

                      GMACM Home Equity Loan Trust 2006-HE3
             (Exact name of registrant as specified in its charter)

            Delaware                   333-131211-07             41-1955181
  ----------------------------    ---------------------      --------------
(State or other jurisdiction of  (Commission File Number)       (IRS Employer
         incorporation)                                      Identification No.)

           8400 Normandale Lake Blvd., Suite 250 Minneapolis, MN 55437
           -----------------------------------------------------------
               (Address of principal executive offices) (Zip Code)


       Registrant's telephone number, including area code (952) 857-7000

                                       N/A
--------------------------------------------------------------------------------
             (Former name or address, if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communication  pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))





<PAGE>






                    INFORMATION TO BE INCLUDED IN THE REPORT

Item 8.01.  Other Events.

        On or about August 30, 2006,  the GMACM Home Equity Loan Trust  2006-HE3
(the  "Trust")  will issue GMACM Home  Equity  Loan-Backed  Term  Notes,  Series
2006-HE3,  including the following  publicly-offered  classes:  Class A-1, Class
A-2, Class A-3, Class A-4 and Class A-5 (the "Term Notes").

        On August 28, 2006,  Orrick,  Herrington & Sutcliffe  LLP  delivered its
legality  opinion with respect to the Term Notes and its opinion with respect to
certain federal income tax matters.

Item 9.01.  Financial Statements, Pro Forma Financial Information and Exhibits.

               (a) Not applicable

               (b) Not applicable

               (c) Exhibits: The following are filed as Exhibits to this Report:


Exhibit
Number

5.1     Opinion of Orrick, Herrington & Sutcliffe LLP.

8.1     Opinion of Orrick, Herrington & Sutcliffe LLP.

23.1 Consent of Orrick, Herrington & Sutcliffe LLP (included in opinion filed as
Exhibit 5.1).

23.2 Consent of Orrick, Herrington & Sutcliffe LLP (included in opinion filed as
Exhibit 8.1).




<PAGE>



                                   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.

                                        RESIDENTIAL ASSET MORTGAGE
                                        PRODUCTS, INC.



                                        By:  /s/ Patricia C. Taylor
                                             -------------------------------
                                            Name:   Patricia C. Taylor
                                            Title:  Vice President



Dated:  August 28, 2006



<PAGE>


                                  Exhibit Index


EXHIBIT 5.1

Opinion of Orrick, Herrington & Sutcliffe LLP.

EXHIBIT 8.1

Opinion of Orrick, Herrington & Sutcliffe LLP.

EXHIBIT 23.1

Consent of Orrick,  Herrington & Sutcliffe  LLP  (included  in opinion  filed as
Exhibit 5.1).

EXHIBIT 23.2

Consent of Orrick,  Herrington & Sutcliffe  LLP  (included  in opinion  filed as
Exhibit 8.1).
[{"type": "8-K", "sequence": "1", "filename": "he38kopin.txt", "secsgml_size_bytes": 4298}]
{"company-data": {"conformed-name": "GMACM Home Equity Loan Trust 2006-HE3", "cik": "0001372961", "assigned-sic": "6189", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-131211-07", "film-number": "061058256"}, "business-address": {"street1": "8400 NORMANDALE LAKE BLVD", "street2": "SUITE 600", "city": "MINNEAPOLIS", "state": "MN", "zip": "55437", "phone": "952 857-7000"}, "mail-address": {"street1": "8400 NORMANDALE LAKE BLVD SUITE 600", "city": "MINNEAPOLIS", "state": "MN", "zip": "55437"}}
UNITED STATES

                       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 28, 2006

                    RESIDENTIAL ASSET MORTGAGE PRODUCTS, INC.

                                ON BEHALF OF THE

                      GMACM Home Equity Loan Trust 2006-HE3
             (Exact name of registrant as specified in its charter)

            Delaware                   333-131211-07             41-1955181
  ----------------------------    ---------------------      --------------
(State or other jurisdiction of  (Commission File Number)       (IRS Employer
         incorporation)                                      Identification No.)

           8400 Normandale Lake Blvd., Suite 250 Minneapolis, MN 55437
           -----------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code (952) 857-7000

                                       N/A
--------------------------------------------------------------------------------
             (Former name or address, if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[ ] Written communication  pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
INFORMATION TO BE INCLUDED IN THE REPORT

Item 8.01.  Other Events.

        On or about August 30, 2006,  the GMACM Home Equity Loan Trust  2006-HE3
(the  "Trust")  will issue GMACM Home  Equity  Loan-Backed  Term  Notes,  Series
2006-HE3,  including the following  publicly-offered  classes:  Class A-1, Class
A-2, Class A-3, Class A-4 and Class A-5 (the "Term Notes").

        On August 28, 2006,  Orrick,  Herrington & Sutcliffe  LLP  delivered its
legality  opinion with respect to the Term Notes and its opinion with respect to
certain federal income tax matters.

Item 9.01.  Financial Statements, Pro Forma Financial Information and Exhibits.

               (a) Not applicable

               (b) Not applicable

               (c) Exhibits: The following are filed as Exhibits to this Report:

Exhibit
Number

5.1     Opinion of Orrick, Herrington & Sutcliffe LLP.

8.1     Opinion of Orrick, Herrington & Sutcliffe LLP.

23.1 Consent of Orrick, Herrington & Sutcliffe LLP (included in opinion filed as
Exhibit 5.1).

23.2 Consent of Orrick, Herrington & Sutcliffe LLP (included in opinion filed as
Exhibit 8.1).
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.

                                        RESIDENTIAL ASSET MORTGAGE
                                        PRODUCTS, INC.

                                        By:  /s/ Patricia C. Taylor
                                             -------------------------------
                                            Name:   Patricia C. Taylor
                                            Title:  Vice President

Dated:  August 28, 2006
Exhibit Index

EXHIBIT 5.1

Opinion of Orrick, Herrington & Sutcliffe LLP.

EXHIBIT 8.1

Opinion of Orrick, Herrington & Sutcliffe LLP.

EXHIBIT 23.1

Consent of Orrick,  Herrington & Sutcliffe  LLP  (included  in opinion  filed as
Exhibit 5.1).

EXHIBIT 23.2

Consent of Orrick,  Herrington & Sutcliffe  LLP  (included  in opinion  filed as
Exhibit 8.1).