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: July 15, 1997
(Date of earliest event reported)
Commission File No. 333-21263
Norwest Asset Securities Corporation
Delaware 52-1972128
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(State of Incorporation) (I.R.S. Employer Identification No.)
7485 New Horizon Way
Frederick, Maryland 21703
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Address of principal executive offices (Zip Code)
(301) 846-8881
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Registrant's Telephone Number, including area code
(Former name, former address and former fiscal year, if changed since last
report)
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ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a)
of Regulation S-K
Exhibit No. Description
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(EX-23) Consent of Coopers & Lybrand L.L.P., independent
Certified Public Accountants of Financial Security
Assurance Inc. in connection with Norwest Asset
Securities Corporation, Mortgage Pass-Through
Certificates, Series 1997-11
<PAGE>
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.
NORWEST ASSET SECURITIES CORPORATION
July 15, 1997
By: /s/ B. David Bialzak
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B. David Bialzak
Vice President
<PAGE>
INDEX TO EXHIBITS
Paper (P) or
Exhibit No. Description Electronic (E)
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(EX-23) Consent of Coopers & Lybrand E
L.L.P., independent Certified
Public Accountants of Financial
Security Assurance Inc. in
connection with Norwest Asset
Securities Corporation, Mortgage
Pass-Through Certificates,
Series 1997-11
[Letterhead of Coopers & Lybrand]
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in the Prospectus Supplement dated
July 14, 1997 (to Prospectus dated July 14, 1997) of Norwest Asset Securities
Corporation relating to Mortgage Pass-Through Certificates, Series 1997-11 of
our report dated January 24, 1997 on our audits of the consolidated financial
statements of Financial Security Assurance Inc. and Subsidiaries as of December
31, 1996 and 1995 and for each of the three years in the period ended December
31, 1996. We also consent to the reference to our Firm under the caption
"Experts."
/s/ Coopers & Lybrand L.L.P.
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COOPERS & LYBRAND L.L.P.
New York, New York
July 14, 1997
