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: November 19, 1997
(Date of earliest event reported)
Commission File No. 333-21263
Norwest Asset Securities Corporation
________________________________________________________________________________
Delaware 52-1972128
________________________________________________________________________________
(State of Incorporation) (I.R.S. Employer Identification No.)
7485 New Horizon Way
Frederick, Maryland 21703
________________________________________________________________________________
Address of principal executive offices (Zip Code)
(301) 846-8881
________________________________________________________________________________
Registrant's Telephone Number, including area code
________________________________________________________________________________
(Former name, former address and former fiscal year,
if changed since last report)
<PAGE>
ITEM 5. Other Events
------------
Attached as an exhibit are the Computational Materials (as defined in
the no-action letter dated May 21, 1994 issued by the Securities and
Exchange Commission to Kidder, Peabody Acceptance Corporation-I,
Kidder, Peabody & Co. Incorporated and Kidder Structured Asset
Corporation (the "Kidder Letter")) prepared by Lehman Brothers Inc.,
which are hereby filed pursuant to such letter.
<PAGE>
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a)
of Regulation S-K
Exhibit No. Description
- ----------------- -----------
(99) Computational Materials
prepared by Lehman Brothers Inc.
in connection with Norwest Asset
Securities Corporation, Mortgage
Pass-Through Certificates,
Series 1997-18
<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
November 19, 1997
By: /s/ B. David Bialzak
____________________
B. David Bialzak
Vice President
<PAGE>
INDEX TO EXHIBITS
-----------------
Paper (P) or
Exhibit No. Description Electronic (E)
- ----------- ----------- --------------
(99) Computational Materials P
prepared by Lehman Brothers Inc.
in connection with Norwest Asset Securities
Corporation, Mortgage Pass-Through
Certificates, Series 1997-18
