SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report: December 11, 1998
(Date of earliest event reported)
Nomura Asset Securities Corporation (Series 1998 - D6)
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(n/k/a CAPCO America Securitization Corporation)
(Exact name of registrant as specified in its charter)
Delaware 33-48481-06 13-3672336
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(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification No.)
Incorporation
Two World Financial Center, Building B, New York, New York 10281
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Address of Principal Executive Office
Registrant's telephone number, including area code: (212) 667-9300
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Item 5. Other Events.
Ethan Penner, who was appointed Chief Executive Officer and President of
CCA at its formation on June 29, 1998, resigned that office and was appointed
Vice Chairman of the Board of Directors of CCA on August 14, 1998. Mr. Penner
resigned as Vice Chairman of the Board of Directors on September 16, 1998. Also,
William Wraith, IV, the co-chief executive officer and co-president of NHA and
the chairman of the Board of Directors of NSI, and Mark McGauley, the chief
operating officer of NHA, have resigned from those positions and as members of
the CCA Board of Managers. On November 20, 1998, Boyd Fellows and Brian Pilcher,
CCA's former Co-Chief Executive Officers resigned. CCA appointed Michael L.
Hurdelbrink as its new Chief Executive Officer. Hurdelbrink was also appointed
President and Chief Executive Officer of the Depositor. On December 11, 1998,
NHA announced that CCA will not undertake any new loan commitments.
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Pursuant to the requirements of the Securities Act of 1934, the Registrant
has duly caused this report to be signed on behalf of the Registrant by the
undersigned thereunto duly authorized.
CAPCO AMERICA SECURITIZATION
CORPORATION
By /s/ Michael Hurdelbrink
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Name: Michael Hurdelbrink
Title: President & CEO
Date: December 14, 1998