UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C., 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF
THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission file number: 333-00365-02
ASSET BACKED SECURITIES CORPORATION
(AS DEPOSITOR UNDER THE POOLING AND SERVICING AGREEMENT
DATED AS OF JULY 1, 1998, PROVIDING FOR THE ISSUANCE OF
CREDIT SUISSE FIRST BOSTON MORTGAGE
MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-1)
11 Madison Avenue
Park Avenue Plaza
New York, New York 10010
(Address, including zip code and telephone number, including area code,
of registrant's principal executive offices)
CREDIT SUISSE FIRST BOSTON MORTGAGE
MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 1998-1
(Title of each class of securities covered by this Form)
NONE
(Titles of all other classes of securities for which a duty to file reports
under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate, the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1)(i) ___ Rule 12h-3(b)(1)(i) ___
Rule 12g-4(a)(1)(ii) ___ Rule 12h-3(b)(1)(ii) ___
Rule 12g-4(a)(2)(i) ___ Rule 12h-3(b)(2)(i) ___
Rule 12g-4(a)(2)(ii) ___ Rule 12h-3(b)(2)(ii) ___
Rule 15d-6 _X_
Approximate number of holders of record
as of the certification or notice date: 37
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this certification/notice to be signed on its behalf by
the undersigned duly authorized person.
Date: 01/26/99
ASSET BACKED SECURITIES CORPORATION by U.S. Bank National Association,
as Trustee for Credit Suisse First Boston Mortgage Pass-through
Certificates, Series 1998-1.
By: /s/ Tina Hatfield
--------------------------------------
Name: Tina Hatfield
Title: Vice President
Company: U.S. Bank National Association
