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): September 12, 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) 832-7000
                                                          ----- --------
                                       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

SECTION 8 -- OTHER EVENTS

ITEM 8.01.     OTHER EVENTS.

        On August 30, 2006, Residential Asset Mortgage Products, Inc. caused the
issuance  and sale of the GMACM  Home  Equity  Loan-Backed  Term  Notes,  Series
2006-HE3,  pursuant to the Indenture, dated as of August 30, 2006, between GMACM
Home Equity Loan Trust  2006-HE3,  as issuer and JPMorgan  Chase Bank,  National
Association, as Indenture Trustee.

SECTION 9 -- FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01(D).  EXHIBITS.

        Exhibits (execution copies).  The following execution copies of Exhibits
to the Form S-3 Registration Statement of the Registrant are hereby filed:

        4.1    Servicing  Agreement,  dated as of August  30,  2006,  among GMAC
               Mortgage  Corporation,  as  servicer,  the GMACM Home Equity Loan
               Trust  2006-HE3,  as issuer,  and JPMorgan  Chase Bank,  National
               Association, as indenture trustee.

        4.2    Trust Agreement, dated as of August 30, 2006, between Residential
               Asset Mortgage Products, Inc., as depositor, and Wilmington Trust
               Company, as owner trustee.

        4.3    Indenture,  dated as of August 30,  2006,  between the GMACM Home
               Equity Loan Trust 2006-HE3,  as issuer,  and JPMorgan Chase Bank,
               National Association, as indenture trustee.

        10.1   Mortgage  Loan Purchase  Agreement,  dated as of August 30, 2006,
               among GMAC Mortgage Corporation, as seller, Walnut Grove Mortgage
               Loan  Trust  2003-A,   as  seller,   Residential  Asset  Mortgage
               Products,  Inc.,  as  purchaser,  GMACM  Home  Equity  Loan Trust
               2006-HE3,   as  issuer,   and  JPMorgan   Chase  Bank,   National
               Association, as indenture trustee.

        10.2   The Financial  Guaranty  Insurance Policy,  dated as of
               August 30, 2006, Policy No. 06030099, issued by Financial
               Guaranty Insurance Company.

        10.3   Confirmation,  dated as of the August 30, 2006,  between JPMorgan
               Chase Bank, National Association,  not in its individual capacity
               but solely as  Indenture  Trustee,  for the  benefit of the GMACM
               Home  Equity  Loan  Trust  2006-HE3,  and  JPMorgan  Chase  Bank,
               National Association.




<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:  September 12, 2006




<PAGE>


                                  Exhibit Index


Exhibit

4.1  Servicing  Agreement,  dated as of August 30,  2006,  among  GMAC  Mortgage
     Corporation,  as servicer,  the GMACM Home Equity Loan Trust  2006-HE3,  as
     issuer,  and  JPMorgan  Chase  Bank,  National  Association,  as  indenture
     trustee.

4.2  Trust Agreement,  dated as of August 30, 2006,  between  Residential  Asset
     Mortgage  Products,  Inc., as depositor,  and Wilmington Trust Company,  as
     owner trustee.

4.3  Indenture,  dated as of August 30, 2006, between the GMACM Home Equity Loan
     Trust 2006-HE3,  as issuer, and JPMorgan Chase Bank, National  Association,
     as indenture trustee.

10.1 Mortgage Loan Purchase  Agreement,  dated as of August 30, 2006, among GMAC
     Mortgage  Corporation,  as seller, Walnut Grove Mortgage Loan Trust 2003-A,
     as seller,  Residential Asset Mortgage Products, Inc., as purchaser,  GMACM
     Home  Equity  Loan Trust  2006-HE3,  as issuer,  and  JPMorgan  Chase Bank,
     National Association, as indenture trustee.

10.2 The  Financial  Guaranty  Insurance  Policy,  dated as of August 30,  2006,
     Policy No. 06030099, issued by Financial Guaranty Insurance Company.

10.3 Confirmation, dated as of the August 30, 2006, between JPMorgan Chase Bank,
     National  Association,  not  in  its  individual  capacity  but  solely  as
     Indenture  Trustee,  for the  benefit of the GMACM Home  Equity  Loan Trust
     2006-HE3, and JPMorgan Chase Bank, National Association.
[{"type": "8-K", "sequence": "1", "filename": "he38kod.txt", "secsgml_size_bytes": 6793}]
{"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": "061086020"}, "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): September 12, 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) 832-7000
                                                          ----- --------
                                       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

SECTION 8 -- OTHER EVENTS

ITEM 8.01.     OTHER EVENTS.

        On August 30, 2006, Residential Asset Mortgage Products, Inc. caused the
issuance  and sale of the GMACM  Home  Equity  Loan-Backed  Term  Notes,  Series
2006-HE3,  pursuant to the Indenture, dated as of August 30, 2006, between GMACM
Home Equity Loan Trust  2006-HE3,  as issuer and JPMorgan  Chase Bank,  National
Association, as Indenture Trustee.

SECTION 9 -- FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01(D).  EXHIBITS.

        Exhibits (execution copies).  The following execution copies of Exhibits
to the Form S-3 Registration Statement of the Registrant are hereby filed:

        4.1    Servicing  Agreement,  dated as of August  30,  2006,  among GMAC
               Mortgage  Corporation,  as  servicer,  the GMACM Home Equity Loan
               Trust  2006-HE3,  as issuer,  and JPMorgan  Chase Bank,  National
               Association, as indenture trustee.

        4.2    Trust Agreement, dated as of August 30, 2006, between Residential
               Asset Mortgage Products, Inc., as depositor, and Wilmington Trust
               Company, as owner trustee.

        4.3    Indenture,  dated as of August 30,  2006,  between the GMACM Home
               Equity Loan Trust 2006-HE3,  as issuer,  and JPMorgan Chase Bank,
               National Association, as indenture trustee.

        10.1   Mortgage  Loan Purchase  Agreement,  dated as of August 30, 2006,
               among GMAC Mortgage Corporation, as seller, Walnut Grove Mortgage
               Loan  Trust  2003-A,   as  seller,   Residential  Asset  Mortgage
               Products,  Inc.,  as  purchaser,  GMACM  Home  Equity  Loan Trust
               2006-HE3,   as  issuer,   and  JPMorgan   Chase  Bank,   National
               Association, as indenture trustee.

        10.2   The Financial  Guaranty  Insurance Policy,  dated as of
               August 30, 2006, Policy No. 06030099, issued by Financial
               Guaranty Insurance Company.

        10.3   Confirmation,  dated as of the August 30, 2006,  between JPMorgan
               Chase Bank, National Association,  not in its individual capacity
               but solely as  Indenture  Trustee,  for the  benefit of the GMACM
               Home  Equity  Loan  Trust  2006-HE3,  and  JPMorgan  Chase  Bank,
               National Association.
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:  September 12, 2006
Exhibit Index

Exhibit

4.1  Servicing  Agreement,  dated as of August 30,  2006,  among  GMAC  Mortgage
     Corporation,  as servicer,  the GMACM Home Equity Loan Trust  2006-HE3,  as
     issuer,  and  JPMorgan  Chase  Bank,  National  Association,  as  indenture
     trustee.

4.2  Trust Agreement,  dated as of August 30, 2006,  between  Residential  Asset
     Mortgage  Products,  Inc., as depositor,  and Wilmington Trust Company,  as
     owner trustee.

4.3  Indenture,  dated as of August 30, 2006, between the GMACM Home Equity Loan
     Trust 2006-HE3,  as issuer, and JPMorgan Chase Bank, National  Association,
     as indenture trustee.

10.1 Mortgage Loan Purchase  Agreement,  dated as of August 30, 2006, among GMAC
     Mortgage  Corporation,  as seller, Walnut Grove Mortgage Loan Trust 2003-A,
     as seller,  Residential Asset Mortgage Products, Inc., as purchaser,  GMACM
     Home  Equity  Loan Trust  2006-HE3,  as issuer,  and  JPMorgan  Chase Bank,
     National Association, as indenture trustee.

10.2 The  Financial  Guaranty  Insurance  Policy,  dated as of August 30,  2006,
     Policy No. 06030099, issued by Financial Guaranty Insurance Company.

10.3 Confirmation, dated as of the August 30, 2006, between JPMorgan Chase Bank,
     National  Association,  not  in  its  individual  capacity  but  solely  as
     Indenture  Trustee,  for the  benefit of the GMACM Home  Equity  Loan Trust
     2006-HE3, and JPMorgan Chase Bank, National Association.