WELLS FARGO ASSET SECURITIES CORP
8-K, 2000-12-20
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 20, 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 20, 2000

                                 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 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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