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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) February 24, 2000
ACCREDITED HOME LENDERS, INC.
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(Exact name of registrant as specified in its charter)
California 333-07219 33-0426859
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(State or Other Jurisdiction (Commission File (I.R.S. Employer
of Incorporation) Number) Identification No.)
Attention: General Counsel
15030 Avenue of Science, Suite 100
San Diego, California 92128
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(Address of principal executive (Zip Code)
offices)
Registrant's Telephone Number,
including area code: (858) 676-2100
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No Change
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(Former name or former address, if changed since last report)
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Item 5. OTHER EVENTS
INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE
The consolidated balance sheets of Financial Security Assurance Inc.
and its subsidiaries as of December 31, 1998 and December 31, 1997, and the
related consolidated statements of income, changes in shareholder's equity and
cash flows for each of the three years in the period ended December 31, 1998,
prepared in accordance with generally accepted accounting principles, included
in the Annual Report on Form 10-K of Financial Security Assurance Holdings Ltd.
(which was filed with the Securities and Exchange Commission on August 5, 1999;
Commission File Number 1-12644 and the unaudited consolidated financial
statements of Financial Security Assurance Inc. and its subsidiaries as of
September 30, 1999, and for the periods ended September 30, 1999 and September
30, 1998, included in the Quarterly Report on Form 10-Q of Financial Security
Assurance Holdings Ltd. for the period ended September 30, 1999 (which was filed
with the Securities and Exchange Commission on November 12, 1999) are hereby
incorporated by reference in (i) this Current Report on Form 8-K; (ii) the
registration statement (No. 333-07219) of the registrant; and (iii) the
prospectus supplement, and shall be deemed to be part hereof and thereof.
CONSENT
In connection with the issuance of the Accredited Mortgage Loan Trust
2000-1, Asset-Backed Notes, Class A-1 and Class A-2 (the "Notes"), the
registrant is filing herewith the consent of PricewaterhouseCoopers LLP to the
use of its name and the incorporation by reference of its report in the
prospectus supplement relating to the issuance of the Notes. The consent of
PricewaterhouseCoopers is attached hereto as Exhibit 23.1.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Not applicable.
(b) Not applicable.
(c) Exhibit:
EXHIBIT NO. DESCRIPTION
23.1 Consent of PricewaterhouseCoopers LLP
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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 hereunto duly authorized.
ACCREDITED HOME LENDERS, INC.
/s/ Ray W. McKewon
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Name: Ray W. McKewon
Title: Executive Vice President
Dated: February 24, 2000
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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23.1 Consent of PricewaterhouseCoopers LLP
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EXHIBIT 23.1
[PricewaterhouseCoopers Letterhead]
CONSENT OF INDEPENDENT ACCOUNTANTS
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We consent to the incorporation by reference in the Prospectus Supplement of
Accredited Home Lenders, Inc. relating to Accredited Mortagage Loan Trust
2000-1, 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 "Expert".
/S/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
February 24, 2000
