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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 November 10, 2000
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(Date of Earliest Event Reported)
EQUITY ONE ABS, INC.
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(Exact Name of Registrant as specified in its charter)
Delaware 333-81237 52-2029487
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(State of Incorporation) (Commission File No.) (IRS Employer I.D. No.)
103 Springer Building, 3411 Silverside Road, Wilmington, Delaware 19803
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(Address of principal executive offices)
Registrant's telephone number, including area code: (302) 478-6160
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Item 5. Other Events.
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Filing of Certain Materials.
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Pursuant to Rule 424(b) under the Securities Act of 1933, subsequent to
the filing of this Current Report on Form 8-K (the "Form 8-K"), Equity One ABS,
Inc. is filing a prospectus and prospectus supplement (the "Prospectus
Supplement") with the Securities and Exchange Commission (the "Commission")
relating to its Mortgage Pass-Through Certificates, Series 2000-1.
Incorporation of Certain Documents by Reference.
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The consolidated financial statements of Ambac Assurance Corporation
and subsidiaries as of December 31, 1999 and 1998, and for each of the years in
the three year period ended December 31, 1999, included in the Annual Report on
Form 10-K of Ambac Financial Group, Inc. (which was filed with the Commission on
March 30, 2000; Commission File Number 001-10777) are hereby incorporated by
reference into this Form 8-K and have been audited by KPMG LLP. The consent of
KPMG LLP to the incorporation by reference of their report on such financial
statements in this Form 8-K and to being named as "Experts" in the Prospectus
Supplement is attached hereto as Exhibit 23.1.
The unaudited consolidated financial statements of Ambac Assurance
Corporation and subsidiaries as of June 30, 2000 and for the periods ended June
30, 2000 and June 30, 1999, included in the Quarterly Report on Form 10-Q of
Ambac Financial Group, Inc. for the period ended June 30, 2000 (which was filed
with the Commission on August 11, 2000) are hereby incorporated by reference
into this Form 8-K.
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
23.1 Consent of KPMG LLP.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
EQUITY ONE ABS, INC.
By: /s/ James H. Jenkins
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James H. Jenkins, Chief Financial Officer
Dated: November 10, 2000
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Exhibit Index
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Exhibit Document
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23.1 Consent of KPMG LLP
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