NORWEST ASSET SECURITIES CORP
8-K, 1999-10-25
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: October 25, 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 Greenwich Capital
        Markets,  Inc. ("Greenwich  Capital") 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 Greenwich Capital
                             in connection with Norwest Asset
                             Securities Corporation, Mortgage
                             Pass-Through Certificates, Series
                             1999-24



<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


October 25, 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 Greenwich Capital
                in connection with Norwest Asset Securities
                Corporation, Mortgage Pass-Through
                Certificates, Series 1999-24.



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