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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 28, 2000
Saxon Asset Securities Company
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(Exact name of registrant as specified in charter)
Virginia 34-0-20552 54-1810895
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
4880 Cox Road, Glen Allen, Virginia 23060
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(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code (804) 967-7400
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(Former name or former address, if changed since last report.)
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Item 1. Changes in Control of Registrant. Not Applicable.
Item 2. Acquisition or Disposition of Assets. Not Applicable.
Item 3. Bankruptcy or Receivership. Not Applicable.
Item 4. Changes in Registrant's Certifying Accountant. Not Applicable.
Item 5. Other Events.
On September 13, 2000, the Registrant entered into an
underwriting agreement with Greenwich Capital Markets, Inc., Banc of
America Securities LLC, Credit Suisse First Boston Corporation and
Prudential Securities Incorporated (the "Underwriters"), pursuant to
which the Underwriters agreed to purchase and offer for sale to the
public, the Registrant's Mortgage Loan Asset Backed Certificates,
Series 2000-3, Class AF-1, Class AF-2, Class AF-3, Class AF-4, Class
AF-5, Class AF-6, Class A-IO-I, Class MF-1, Class MF-2, Class BF-1,
Class AV-1, Class AV-2, Class A-IO-II, Class MV-1, Class MV-2 and Class
BV-1 Certificates (collectively, the "Underwritten Certificates"). The
Underwritten Certificates are registered for sale under the
Registrant's effective shelf Registration Statement on Form S-3 (333-
35370), and are offered pursuant to a Prospectus dated May 19, 2000,
and a Prospectus Supplement dated September 25, 2000, to be filed with
the Securities and Exchange Commission pursuant to Registration No.
333-35370.
In connection with the offering of the Underwritten Certificates,
the Underwriters have prepared and disseminated to potential purchasers
certain "Computational Materials," as such term is defined in the No-
Action response letter to Kidder, Peabody and Co. Incorporated and
certain affiliates thereof (publicly available, May 20, 1994). The
Computational Materials furnished to certain prospective investors by
the lead Underwriter, Greenwich Capital Markets, Inc., are filed
herewith as Exhibit 99.1. In addition, Banc of America Securities LLC,
Credit Suisse First Boston Corporation and Prudential Securities
Incorporated, as co-underwriters, have furnished Computational
Materials to certain prospective investors, which are substantially
identical to the Computational Materials furnished by Greenwich Capital
Markets, Inc., other than the disclosure in each related co-
underwriter's legend.
Item 6. Resignations of Registrant's Directors. Not Applicable.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
Not Applicable.
Item 8. Change in Fiscal Year. Not Applicable.
Exhibits
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99.1 Copy of "Computational Materials" as provided by Greenwich Capital
Markets, Inc.
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SIGNATURES
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 thereunto duly authorized.
SAXON ASSET SECURITIES COMPANY
By: /s/ Bradley D. Adams
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Bradley D. Adams, Vice President
September 28, 2000
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INDEX TO EXHIBITS
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Page
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99.1 Copy of Computational Materials as provided by Greenwich Capital
Markets, Inc.
