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: May 21, 1999
(Date of earliest event reported)
Commission File No. 333-65481
NORWEST ASSET SECURITIES CORPORATION
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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
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(Former name, former address and former fiscal year, if changed since
last report)
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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 PaineWebber
Incorporated ("PaineWebber") 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
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(99) Computational Materials prepared by
PaineWebber in connection with Norwest
Asset Securities Corporation, Mortgage
Pass-Through Certificates, Series
1999-16
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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
May 21, 1999
By: /s/ B. DAVID BIALZAK
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B. David Bialzak
Senior Vice President
<PAGE>
INDEX TO EXHIBITS
Paper (P) or
EXHIBIT NO. DESCRIPTION ELECTRONIC (E)
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(99) Computational Materials P
prepared by PaineWebber in
connection with Norwest Asset
Securities Corporation,
Mortgage Pass-Through
Certificates, Series 1999-16.
