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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 (Date of earliest Event
Reported): May 13, 1999
FINANCIAL ASSET SECURITIES CORP.
(Exact name of registrant as specified in its charter)
Delaware 333-67329 06-1442101
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(State or Other Jurisdiction of (Commission (I.R.S. Employer
Incorporation) File Number) Identification No.)
600 Steamboat Road Greenwich,
Connecticut 06830
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(Address of Principal Executive (Zip Code)
Offices)
Registrant's telephone number, including area code (203) 622-2700
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Item 5. Other Events.
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Filing of Computational Materials
In connection with the proposed offering of the City Capital Home Loan
Trust 1999-1, Asset Backed Notes Series 1999-1, Greenwich Capital Markets, Inc.,
as underwriter (the "Underwriter") has prepared certain materials (the
"Collateral Term Sheets") for distribution to their potential investors.
Although Financial Asset Securities Corp. (the "Company") provided the
Underwriter with certain information regarding the characteristics of the
mortgage loans in the related portfolio, the Company did not participate in the
preparation of the Collateral Term Sheets.
The Collateral Term Sheets are attached hereto as Exhibit 99.1. These
Collateral Term Sheets are filed on Form SE dated May 13, 1999 and supersede any
prior collateral information which may have been previously filed with the
Securities and Exchange Commission.
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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:
99.1 Collateral Term Sheets.
filed on Form SE dated May 13, 1999.
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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.
FINANCIAL ASSET SECURITIES CORP.
By: /s / John Paul Graham
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Name: John Paul Graham
Title: Vice President
Dated: May 13, 1999
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Exhibit Index
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Exhibit Page
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99.1 Collateral Term Sheets
filed on Form SE dated May 13, 1999.
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BROWN & WOOD LLP
One World Trade Center
New York, New York 10048
Telephone: (212) 839-5300
Facsimile: (212) 839-5599
May 13, 1999
BY MODEM
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Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Financial Asset Securities Corp.
City Capital Home Loan Trust 1999-1,
Asset Backed Notes 1999-1
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Ladies and Gentlemen:
On behalf of Financial Asset Securities Corp. (the "Company"), we enclose
herewith for filing, pursuant to the Securities and Exchange Act of 1934, as
amended, the Company's Current Report on Form 8-K, for Collateral Term Sheets in
connection with the above-referenced transaction.
Very truly yours,
/s / Edward B. Locke
Edward B. Locke
Enclosure
