NORWEST ASSET SECURITIES CORP
8-K, 1999-03-23
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: March 23, 1999
(Date of earliest event reported)

Commission File No. 333-65481



                      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 Credit Suisse First Boston  Corporation  ("Credit Suisse") 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 Credit Suisse
                                              in connection with Norwest Asset
                                              Securities Corporation, Mortgage
                                              Pass-Through Certificates, Series
                                              1999-10



<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


March 23, 1999

                                            By:  /s/ Alan S. McKenney
                                                 -------------------------------
                                                 Alan S. McKenney
                                                 Vice President




<PAGE>





                                INDEX TO EXHIBITS




                                                                  Paper (P) or
Exhibit No.       Description                                     Electronic (E)
- -----------       -----------                                     --------------
   (99)           Computational Materials                               P
                  prepared by Credit Suisse
                  in connection with Norwest Asset Securities
                  Corporation, Mortgage Pass-Through
                  Certificates, Series 1999-10.




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