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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 AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
July 26, 1999
ACE Securities Corp.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 333-56213 56-2088493
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State or Other Jurisdiction (Commission (I.R.S. Employer
Of Incorporation) File Number) Identification No.)
6525 Morrison Boulevard
Suite 318
Charlotte, North Carolina 28211
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code: (704) 365-0569
No Change
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(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events. <F1>
Filed concurrently herewith under Form SE are certain
materials (the "Computational Materials") furnished to the Registrant
by Deutsche Bank Securities Inc. (the "Underwriter") in respect of
ACE Securities Corp. Home Equity Loan Trust 1999-LB2 Home Equity Loan
Pass-Through Certificates, Class A, Class M1, Class M2 and Class B
Certificates (the "Certificates"). The Certificates are being offered
pursuant to a Prospectus Supplement, dated July 26, 1999, and a
Prospectus, dated July 26, 1999 (together, the "Prospectus"), which
are being filed with the Commission pursuant to Rule 424(b) under the
Securities Act of 1933, as amended (the "Act"). The Certificates have
been registered pursuant to the Act under a Registration Statement on
Form S-3 (No. 333-56213) (the "Registration Statement"). The
Computational Materials are incorporated by reference in the
Registration Statement.
The Computational Materials were prepared solely by the
Underwriter, and the Registrant did not prepare or participate (other
than providing the background information concerning the underlying
pool of assets upon which the Computational Materials are based to
the Underwriter) in the preparation of the Computational Materials.
Any statements or information contained in the Computational
Materials shall be deemed to be modified or superseded for purposes
of the Prospectus and the Registration Statement by statements or
information contained in the Prospectus.
<F1> Capitalized terms used but not otherwise defined herein shall have the same
meanings ascribed to them in the Prospectus.
<PAGE>
Item 7. Financial Statements; Pro Forma Financial Information and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Computational Materials. (P)
<PAGE>
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.
ACE SECURITIES CORP.
By: /s/ Elizabeth Eldridge
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Name: Elizabeth Eldridge
Title: Vice President
Dated: July 28, 1999
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47850
EXHIBIT INDEX
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Exhibit No. Description Page No.
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99.1 One or more sets of Computational Materials P
<PAGE>
EXHIBIT 99.1 ONE OF MORE SETS OF COMPUTATIONAL MATERIALS (P)
[To be filed on Form SE pursuant to a
continuing hardship exemption]
