------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event
Reported) May 31, 2000
FINANCIAL ASSET SECURITIES CORP., (as depositor under the Pooling and
Servicing Agreement, dated as of May 1, 2000, which forms the trust,
which will issue the Soundview Home Equity Loan Asset-Backed
Certificates, Series 2000-1).
FINANCIAL ASSET SECURITIES CORP.
-----------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 333-84929 06-1442101
-------- ---------- ----------
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
600 Steamboat Road
Greenwich, Connecticut 06830
----------------------------- ---------
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (203) 625-2700
----- --------
------------------------------------------------------------------------------
<PAGE>
Item 5. Other Events.
---- ------------
Filing of Derived Materials.
---------------------------
In connection with the offering of the Soundview Home Equity Loan
Asset-Backed Certificates, Series 2000-1 (the "Certificates"), Greenwich
Capital Markets, Inc., as underwriter of the Certificates (the "GCM"), has
prepared certain materials (the "GCM Derived Materials") for distribution to
its potential investors. Although the Registrant provided GCM with certain
information regarding the characteristics of the assets in the related
portfolio, it did not participate in the preparation of the GCM 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.
For purposes of this Form 8-K, Derived Materials shall mean computer
generated tables and/or charts displaying, with respect to the 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.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
------------------------
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
The following is filed herewith. The exhibit number 99.1 corresponds
with Item 601(b) of Regulation S-K.
Exhibit No. Description
----------- -----------
99.1 GCM Derived Materials filed on
Form SE dated May 31, 2000.
<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.
FINANCIAL ASSET SECURITIES CORP.
By: /s/ James Raezer
--------------------------------
Name: James Raezer
Title: Vice President
Dated: June 1, 2000
<PAGE>
Exhibit Index
-------------
Exhibit Page
------- ----
99.1 Derived Materials filed
on Form SE dated May 31, 2000.
<PAGE>
IN ACCORDANCE WITH RULE 202 OF REGULATION S-T, THESE COMPUTATIONAL
MATERIALS ARE BEING FILED IN PAPER.
EXHIBIT 99.1
GCM DERIVED MATERIALS
for
FINANCIAL ASSET SECURITIES CORP.
Soundview Home Equity Mortgage Loan Asset-Backed Certificates, Series 2000-1
FILED ON FORM SE, DATED May 31, 2000.
