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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) May 27, 1997
FINANCIAL ASSET SECURITIES CORP., (as depositor)
FINANCIAL ASSET SECURITIES CORP.
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(Exact name of registrant as specified in its charter)
Delaware 333-21071 06-1442101
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
600 Steamboat Road
Greenwich, Connecticut 06830
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (203) 625-2700
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Item 5. Other Events.
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Filing of Derived Materials.
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In connection with the offering of the Home Loan Asset-Backed Notes,
Series 1997-2 (the "Notes") Greenwich Capital Markets, Inc. as underwriter of
the Notes (the "Underwriter"), has prepared certain materials (the "Derived
Materials") for distribution to its potential investors. Although the
Registrant provided the Underwriter with certain information regarding the
characteristics of the assets in the related portfolio, it did not
participate in the preparation of the Derived Materials. Concurrently with
the filing hereof, pursuant to Rule 202 of Regulation 202, the Registrant is
filing certain computational materials by paper filing on Form SE in reliance
on a continuing hardship exemption.
For purposes of this Form 8-K, Derived Materials shall mean computer
generated tables and/or charts displaying, with respect to the Notes and
Certificates, any of the following: yield; average life, duration; expected
maturity; loss sensitivity; cash flow characteristics; background information
regarding the assets; the proposed structure; decrement tables; or similar
information (tabular or otherwise) of a statistical, mathematical, tabular or
computational nature, as well as certain matters relating to the collateral
for such transaction.
Item 7. Financial Statements, Pro Forma Financial
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Information and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Computational Materials for Series 1997-2.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FINANCIAL ASSET SECURITIES CORP.
By: /s/ Craig A. Braun
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Craig A. Braun
Dated: May 27, 1997
Exhibit Index
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Exhibit Page
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99.1. Computational Materials for Series 1997-2. 6
EXHIBIT 99.1
In accordance with Rule 202 of Regulation S-T, the Computational
Materials are being filed on paper pursuant to Form SE pursuant to a
continuing hardship exemption.
