WELLS FARGO ASSET SECURITIES CORP
8-K, 2000-12-21
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: December 21, 2000
(Date of earliest event reported)

Commission File No. 333-65481



                    Wells Fargo 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



                      Norwest Asset Securities Corporation
--------------------------------------------------------------------------------
              (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 Lehman Brothers Inc. and Wells Fargo Brokerage Services, LLC 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 Lehman
                                     Brothers Inc. and Wells Fargo Brokerage
                                     Services, LLC in connection with Wells
                                     Fargo Asset Securities Corporation,
                                     Mortgage Pass-Through Certificates, Series
                                     2000-14.



<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.

                                   WELLS FARGO ASSET SECURITIES CORPORATION


December 21, 2000

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


<PAGE>



                                INDEX TO EXHIBITS


                                                                Paper (P) or (E)
Exhibit No.             Description                              Electronic
-----------             -----------                             ----------------
   (99)                 Computational Materials                         (P)
                        prepared by Lehman
                        Brothers Inc. and Wells
                        Fargo Brokerage Services,
                        LLC in connection
                        with Wells Fargo Asset
                        Securities Corporation,
                        Mortgage Pass-Through
                        Certificates, Series 2000-14.




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