<PAGE>

- --------------------------------------------------------------------------------



                       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 30, 1996

                        IMC Home Equity Loan Trust 1996-3
             (Exact name of registrant as specified in its charter)

           New York                   333-4911            13-3902498
  (State or Other Jurisdiction)     (Commission        (I.R.S. Employer
        of Incorporation)           File Number)      Identification No.)

c/o The Chase Manhattan Bank, as Trustee
    450 West 33rd Street, 15th Floor
           New York, New York                              10001
         (Address of Principal                           (Zip Code)
           Executive Offices)

        Registrant's telephone number, including area code (202) 946-8600

                                    No Change
          (Former name or former address, if changed since last report)
   
                                                                        


<PAGE>

Item 2.   Acquisition or Disposition of Assets

Description of the Certificates and the Mortgage Loans

     IMC Securities, Inc. registered issuances of up to $1,500,000,000 principal
amount of Home Equity Loan Asset Backed  Certificates on a delayed or continuous
basis  pursuant to Rule 415 under the  Securities  Act of 1933,  as amended (the
"Act"), by a Registration Statement on Form S-3 (Registration File No. 333-4911)
(as  amended,  the  "Registration  Statement").  Pursuant  to  the  Registration
Statement,  IMC Home Equity Loan Trust 1996-3 (the  "Registrant" or the "Trust")
issued  $250,000,000  in  aggregate  principal  amount of its Home  Equity  Loan
Pass-Through Certificates, Series 1996-3 (the "Certificates"), on July 30, 1996.
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 forms of which were  filed as  Exhibits  to the  Registration
Statement.

     The Certificates were issued pursuant to a Pooling and Servicing  Agreement
(the "Pooling and Servicing Agreement") attached hereto as Exhibit 4.1, dated as
of July 1, 1996, among IMC Securities, Inc. (the "Depositor"), Industry Mortgage
Company,  L.P., as seller and servicer (the  "Servicer") and The Chase Manhattan
Bank, in its capacity as trustee (the "Trustee").  The  Certificates  consist of
the following  classes:  the Class A-1,  Class A-2,  Class A-3, Class A-4, Class
A-5, Class A-6, Class A-7  Certificates  (the "Class A  Certificates"),  and the
Class R Certificates (the "Class R Certificates"  and, together with the Class A
Certificates  the  "Certificates").  Only the Class A Certificates  were offered
pursuant  to the  Registration  Statement.  The  Certificates  evidence,  in the
aggregate, 100% of the undivided beneficial ownership interests in the Trust.

     The assets of the Trust initially  include a pool of closed-end home equity
loans (the "Home Equity Loans") secured by mortgages or deeds of trust primarily
on one-to-four  family  residential  properties.  Interest  distributions on the
Class A Certificates are based on the Certificate  Principal Balance thereof and
the applicable Pass-Through Rate thereof. The Pass-Through Rates for the Class A
Certificates  are as follows:  Class A-1, 7.00%;  Class A-2,  7.06%;  Class A-3,
7.27%;  Class A-4,  7.39%,  Class A-5,  7.56%,  Class A-6,  7.83% and Class A-7,
8.05%.  The Class A Certificates  have initial  aggregate  principal  amounts as
follows: Class A-1, $84,132,000; Class A-2, $30,423,000; Class A-3, $39,920,000;
Class A-4, $9,636,000; Class A-5, $37,842,000; Class A-6, $19,855,000; and Class
A-7, $28,192,000.

     As of the Closing Date, the Home Equity Loans possessed the characteristics
described in the Prospectus  dated July 23, 1996 and the  Prospectus  Supplement
dated July 23,  1996 filed  pursuant  to Rule  424(b)(5)  of the Act on July 26,
1996.

     On July 30, 1996, the Trust acquired  $64,470.28 of Subsequent  Home Equity
Loans  pursuant  to the terms of the  Pooling and  Servicing  Agreement  and the
Subsequent  Transfer  Agreement  attached  hereto  as  Exhibit  10.1  among  the
Depositor,  the  Servicer  and the  Trustee  dated  as of  July  30,  1996.  The
Subsequent  Home  Equity  Loans  possess  the  characteristics  required  by the
Prospectus dated July 23, 1996 and the Prospectus Supplement dated July 23, 1996
filed pursuant to Rule 424(b)(5) of the Securities Act of 1933 on July 26, 1996.

                                                                 


<PAGE>

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

(a)       Not applicable

(b)       Not applicable

(c)       Exhibits:

        1.1    Underwriting  Agreement  dated as of July 23,  1996,  between IMC
               Securities,  Inc. and Bear, Stearns & Co. Inc., as representative
               of the several Underwriters.
              
        4.1    Pooling and Servicing Agreement dated as of July 1, 1996, between
               IMC Securities, Inc. as Depositor, Industry Mortgage Company L.P.
               as Seller and Servicer and The Chase Manhattan Bank as Trustee.
              
        10.1   Subsequent Transfer Agreement dated as of July 30, 1996 among IMC
               Securities,   Inc.,  Industry  Mortgage  Company  and  The  Chase
               Manhattan Bank.
              
        99.1   List of Initial Home Equity Loans  included in the pool as of the
               Cut-Off Date but removed from the pool after the Closing Date and
               list of Home  Equity  Loans  added to the pool after the  Closing
               Date.
              
                                                                      


<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.

                              IMC SECURITIES, INC., as Depositor

                              By: /s/ Thomas Middleton
                                  -----------------------
                                  Name: Thomas Middleton
                                  Title: President and Chief Operating Officer

     

Dated: August 14, 1996

                                                                      
<PAGE>

                                  EXHIBIT INDEX

Exhibit No.                    Description                           Page No.
- -----------                    -----------                           --------

 1.1      Underwriting  Agreement  dated  as of  July  23,  1996,
          between IMC  Securities,  Inc. and Bear,  Stearns & Co.
          Inc., as representative of the several Underwriters.

 4.1      Pooling  and  Servicing  Agreement  dated as of July 1,
          1996,  between  IMC  Securities,   Inc.  as  Depositor,
          Industry  Mortgage  Company L.P. as Seller and Servicer
          and The Chase Manhattan Bank as Trustee.

10.1      List of Initial Home Equity Loans removed from the pool
          as of the Cut-Off  Date and list of Home  Equity  Loans
          added to the pool after the Cut-Off Date.

99.1      List of Initial Home Equity Loans  included in the pool
          as of the Cut-Off  Date but removed from the pool after
          the Closing Date and list of Home Equity Loans added to
          the pool after the Closing Date.
[{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 7966}]
{"company-data": {"conformed-name": "IMC HOME EQUITY LOAN TRUST 1996-3", "cik": "0001020193", "assigned-sic": "6189", "irs-number": "593284026", "state-of-incorporation": "DE"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-34911", "film-number": "96614152"}, "business-address": {"street2": "3450 BURCHWOOD PARK DRIVE STE 250", "city": "TAMPA", "state": "FL", "zip": "33618", "phone": "8139322211"}, "mail-address": {"street2": "3450 BUSCHWOOD PARK DRIVE STE 250", "city": "TAMPA", "state": "FL", "zip": "33618"}}
- --------------------------------------------------------------------------------

                       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 30, 1996

                        IMC Home Equity Loan Trust 1996-3
             (Exact name of registrant as specified in its charter)

           New York                   333-4911            13-3902498
  (State or Other Jurisdiction)     (Commission        (I.R.S. Employer
        of Incorporation)           File Number)      Identification No.)

c/o The Chase Manhattan Bank, as Trustee
    450 West 33rd Street, 15th Floor
           New York, New York                              10001
         (Address of Principal                           (Zip Code)
           Executive Offices)

        Registrant's telephone number, including area code (202) 946-8600

                                    No Change
          (Former name or former address, if changed since last report)
Item 2.   Acquisition or Disposition of Assets

Description of the Certificates and the Mortgage Loans

     IMC Securities, Inc. registered issuances of up to $1,500,000,000 principal
amount of Home Equity Loan Asset Backed  Certificates on a delayed or continuous
basis  pursuant to Rule 415 under the  Securities  Act of 1933,  as amended (the
"Act"), by a Registration Statement on Form S-3 (Registration File No. 333-4911)
(as  amended,  the  "Registration  Statement").  Pursuant  to  the  Registration
Statement,  IMC Home Equity Loan Trust 1996-3 (the  "Registrant" or the "Trust")
issued  $250,000,000  in  aggregate  principal  amount of its Home  Equity  Loan
Pass-Through Certificates, Series 1996-3 (the "Certificates"), on July 30, 1996.
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 forms of which were  filed as  Exhibits  to the  Registration
Statement.

     The Certificates were issued pursuant to a Pooling and Servicing  Agreement
(the "Pooling and Servicing Agreement") attached hereto as Exhibit 4.1, dated as
of July 1, 1996, among IMC Securities, Inc. (the "Depositor"), Industry Mortgage
Company,  L.P., as seller and servicer (the  "Servicer") and The Chase Manhattan
Bank, in its capacity as trustee (the "Trustee").  The  Certificates  consist of
the following  classes:  the Class A-1,  Class A-2,  Class A-3, Class A-4, Class
A-5, Class A-6, Class A-7  Certificates  (the "Class A  Certificates"),  and the
Class R Certificates (the "Class R Certificates"  and, together with the Class A
Certificates  the  "Certificates").  Only the Class A Certificates  were offered
pursuant  to the  Registration  Statement.  The  Certificates  evidence,  in the
aggregate, 100% of the undivided beneficial ownership interests in the Trust.

     The assets of the Trust initially  include a pool of closed-end home equity
loans (the "Home Equity Loans") secured by mortgages or deeds of trust primarily
on one-to-four  family  residential  properties.  Interest  distributions on the
Class A Certificates are based on the Certificate  Principal Balance thereof and
the applicable Pass-Through Rate thereof. The Pass-Through Rates for the Class A
Certificates  are as follows:  Class A-1, 7.00%;  Class A-2,  7.06%;  Class A-3,
7.27%;  Class A-4,  7.39%,  Class A-5,  7.56%,  Class A-6,  7.83% and Class A-7,
8.05%.  The Class A Certificates  have initial  aggregate  principal  amounts as
follows: Class A-1, $84,132,000; Class A-2, $30,423,000; Class A-3, $39,920,000;
Class A-4, $9,636,000; Class A-5, $37,842,000; Class A-6, $19,855,000; and Class
A-7, $28,192,000.

     As of the Closing Date, the Home Equity Loans possessed the characteristics
described in the Prospectus  dated July 23, 1996 and the  Prospectus  Supplement
dated July 23,  1996 filed  pursuant  to Rule  424(b)(5)  of the Act on July 26,
1996.

     On July 30, 1996, the Trust acquired  $64,470.28 of Subsequent  Home Equity
Loans  pursuant  to the terms of the  Pooling and  Servicing  Agreement  and the
Subsequent  Transfer  Agreement  attached  hereto  as  Exhibit  10.1  among  the
Depositor,  the  Servicer  and the  Trustee  dated  as of  July  30,  1996.  The
Subsequent  Home  Equity  Loans  possess  the  characteristics  required  by the
Prospectus dated July 23, 1996 and the Prospectus Supplement dated July 23, 1996
filed pursuant to Rule 424(b)(5) of the Securities Act of 1933 on July 26, 1996.
Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

(a)       Not applicable

(b)       Not applicable

(c)       Exhibits:

        1.1    Underwriting  Agreement  dated as of July 23,  1996,  between IMC
               Securities,  Inc. and Bear, Stearns & Co. Inc., as representative
               of the several Underwriters.
              
        4.1    Pooling and Servicing Agreement dated as of July 1, 1996, between
               IMC Securities, Inc. as Depositor, Industry Mortgage Company L.P.
               as Seller and Servicer and The Chase Manhattan Bank as Trustee.
              
        10.1   Subsequent Transfer Agreement dated as of July 30, 1996 among IMC
               Securities,   Inc.,  Industry  Mortgage  Company  and  The  Chase
               Manhattan Bank.
              
        99.1   List of Initial Home Equity Loans  included in the pool as of the
               Cut-Off Date but removed from the pool after the Closing Date and
               list of Home  Equity  Loans  added to the pool after the  Closing
               Date.
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.

                              IMC SECURITIES, INC., as Depositor

                              By: /s/ Thomas Middleton
                                  -----------------------
                                  Name: Thomas Middleton
                                  Title: President and Chief Operating Officer

     

Dated: August 14, 1996
EXHIBIT INDEX

Exhibit No.                    Description                           Page No.
- -----------                    -----------                           --------

 1.1      Underwriting  Agreement  dated  as of  July  23,  1996,
          between IMC  Securities,  Inc. and Bear,  Stearns & Co.
          Inc., as representative of the several Underwriters.

 4.1      Pooling  and  Servicing  Agreement  dated as of July 1,
          1996,  between  IMC  Securities,   Inc.  as  Depositor,
          Industry  Mortgage  Company L.P. as Seller and Servicer
          and The Chase Manhattan Bank as Trustee.

10.1      List of Initial Home Equity Loans removed from the pool
          as of the Cut-Off  Date and list of Home  Equity  Loans
          added to the pool after the Cut-Off Date.

99.1      List of Initial Home Equity Loans  included in the pool
          as of the Cut-Off  Date but removed from the pool after
          the Closing Date and list of Home Equity Loans added to
          the pool after the Closing Date.