NORWEST ASSET SECURITIES CORP
8-K, 1999-06-24
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:  June 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 7.       FINANCIAL STATEMENTS AND EXHIBITS

              (c) Exhibits

Item 601(a)
of Regulation S-K
Exhibit No.                         Description
- -----------------                   ----------------------------------
(EX-23)                             Consent of PriceWaterhouseCoopers
                                    LLP, independent Certified Public
                                    Accountants of Financial Security
                                    Assurance Inc. in connection with
                                    Norwest Asset Securities
                                    Corporation, Mortgage Pass-Through
                                    Certificates, Series 1999-18



<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


June 23, 1999

                                   By: /S/ ALAN S. MCKENNEY
                                      -----------------------------------
                                       Alan S. McKenney
                                       Vice President




<PAGE>





                                INDEX TO EXHIBITS



                                                                  PAPER (P) OR
EXHIBIT NO.       DESCRIPTION                                     ELECTRONIC (E)
- -----------       -----------                                     --------------
(EX-23)           Consent of PricewaterhouseCoopers LLP,                E
                  independent Certified
                  Public Accountants of Financial Security
                  Assurance Inc. in connection with Norwest Asset
                  Securities Corporation, Mortgage
                  Pass-Through Certificates,
                  Series 1999-18




                    Letterhead of PricewaterhouseCoopers LLP


                                                     PricewaterhouseCoopers LLP
                                                     1177 Avenue of the Americas
                                                     New York  NY  10036
                                                     Telephone (212) 596 8000
                                                     Facsimile (212) 596 8910


                       CONSENT OF INDEPENDENT ACCOUNTANTS

                                  ------------


We consent to the  incorporation  by reference in the  Prospectus  Supplement of
Norwest Asset  Securities  Corporation  relating to the Norwest Asset Securities
Corporation  1999-18 Trust of our report dated January 26, 1999 on our audits of
the consolidated  financial  statements of Financial Security Assurance Inc. and
Subsidiaries  as of December 31, 1998 and 1997,  and for each of the three years
in the period ended  December 31, 1998.  We also consent to the reference to our
Firm under the caption "Experts".


                                                  /s/ PRICEWATERHOUSECOOPERS LLP
                                                  ------------------------------
                                                  PricewaterhouseCoopers LLP


June 23, 1999



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