NORWEST ASSET SECURITIES CORP
8-K, 1997-11-19
ASSET-BACKED SECURITIES
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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:  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 Salomon 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 Salomon Brothers Inc
                                               in connection with Norwest Asset
                                               Securities Corporation, Mortgage
                                               Pass-Through Certificates,
                                               Series 1997-20



<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 Salomon Brothers Inc
                      in connection with Norwest Asset Securities
                      Corporation, Mortgage Pass-Through
                      Certificates, Series 1997-20




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