NOMURA ASSET SECURITIES CORP SERIES 1998-D6
8-K, 1999-03-17
ASSET-BACKED SECURITIES
Previous: IMC HOME EQUITY LOAN TRUST 1998-1, 15-15D, 1999-03-17
Next: PCB HOLDING CO, DEF 14A, 1999-03-17




                       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:    March 15, 1999
- ---------------------------------
(Date of earliest event reported)


              Nomura Asset Securities Corporation (Series 1998-D6)
                (n/k/a CAPCO America Securitization Corporation)
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)



          Delaware                     33-48481-06               13-3672336
- ----------------------------    ------------------------    --------------------
(State or Other Jurisdiction    (Commission File Number)      (I.R.S. Employer
      of Incorporation                                       Identification No.)




        Two World Financial Center, Building B, New York, New York 10281
- --------------------------------------------------------------------------------
                     (Address of Principal Executive Office)



      Registrant's telephone number, including area code:  (212) 667-9300



<PAGE>




ITEM 5.  OTHER EVENTS.

RECENT DEVELOPMENTS

         On March 15, 1999, The  Capital Company of America Client Services LLC,
as subservicer (the "Subservicer"),  issued a press release announcing its entry
into an agreement to sell its  subservicing  rights to the  Servicer.  While the
Subservicer and Servicer contemplate closing this transaction at or near the end
of  March  1999,  there  can  be no  assurance  that  the  transaction  will  be
consummated on such date or any later date.





<PAGE>




         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/ Marlyn Marincas
                                                 -------------------------------
                                                 Name:   Marlyn Marincas
                                                 Title:  Vice President

Date:  March 16, 1999




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission