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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 (DATE OF EARLIEST EVENT REPORTED) April 28, 1998
BA Mortgage Securities, Inc. (as depositor under a Pooling and Servicing
Agreement dated as of April 1, 1998 providing for, inter alia, the issuance of
Mortgage Pass-Through Certificates, Series 1998-1)
BA Mortgage Securities, Inc.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 333-34225 94-324470
(STATE OR OTHER JURISDICTION (COMMISSION) (I.R.S. EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.)
345 Montgomery Street, Lower Level #2, Unit #8152, San Francisco, CA 94104
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (415) 622-3676
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
Exhibit Index Located on Page 2
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Items 1 through 4, Item 6 and Item 8 are not included because they are not
applicable.
Item 5. Other Events.
The tables and materials filed separately under Cover of Form SE
in accordance with Rule 311 of Regulation S-T were prepared by Donaldson, Lufkin
& Jenrette Securities Corporation (the "Underwriter") at the request of certain
prospective investors, based on assumptions provided by, and satisfying the
special requirements of, such prospective investors. Such tables and assumptions
may be based on assumptions that differ from the Structuring Assumptions (as
described in the Registrant's Prospectus Supplement dated April 22, 1998
relating to its Mortgage Pass-Through Certificates, Series 1998-1). Accordingly,
such tables and other materials may not be relevant or appropriate for investors
other than those specifically requesting them.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits
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Sequentially
Numbered
Exhibit Exhibit
Number Page
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The following Exhibit is filed separately under cover of Form SE
in accordance with Rule 311 of Regulation S-T.
99.1 Certain computational materials prepared by the Underwriter
in connection with Registrant's Mortgage Pass-Through
Certificates, Series 1998-1
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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.
BA MORTGAGE SECURITIES, INC.
By: /s/ Shaun M. Maguire
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Name: Shaun M. Maguire
Title: Senior Vice President
Dated: April 28, 1998
