SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
Annual Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
For the fiscal year ended
December 31, 1999
Commission file number: 333-67329-04
FINANCIAL ASSET SECURITIES CORP.,
as Depositor, United PanAm Mortgage Corporation, as Seller, Pan
American Bank, FSB, as Seller and Master Servicer, and Bankers
Trust Company, as trustee (the "Trustee") under the Pooling
and Servicing Agreement, dated as of March 1, 1999, providing
for the issuance of the United PanAm Mortgage Loan Trust 1999-1
Asset-Backed Certificates, Series 1999-1.
UNITED PANAM MORTGAGE LOAN ASSET-BACKED CERTIFICATES, SERIES 1999-1
(Exact name of Registrant as specified in its Charter)
DELAWARE 06-1442101
(State or other jurisdiction (I.R.S. Employer
incorporation or organization) Identification Number)
600 STEAMBOAT ROAD
GREENWICH, CONNECTICUT 06830
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(203) 622-2700
Securities registered pursuant to Section 12(b) of the Act:
NOT APPLICABLE.
Securities registered pursuant to Section 12(g) of the Act:
NOT APPLICABLE.
Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period
that the Registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. Yes X No
Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of the Registrant's knowledge, in definitive proxy
or information statements incorporated by reference in Part III of the
Form 10-K or any amendment to this Form 10-K. [ ].
Aggregate market value of voting stock held by non-affiliates of the
Registrant as of December 31, 1999: NOT APPLICABLE.
Number of shares of common stock outstanding as of December 31, 1999:
NOT APPLICABLE.
ITEM 8. Financial Statements and Supplementary Data.
Officer's Annual Statement as to Compliance by United PanAm Mortgage dated
May 19, 2000.
Report of Independent Certified Public Accountant by
PricewaterhouseCoopers dated March 24, 2000.
Management Assertion on Compliance with USAP by Ocwen Financial dated
March 24, 2000.
Report of Independent Public Accountants by Arthur Andersen LLP dated
August 26, 1999.
Annual Statement as to Compliance by Fairbanks Capital Corp. dated August
26, 1999.
PART IV
ITEM 14. Exhibits, Financial Statement Schedules, and Reports on Form
8-K.
(a) The following is a list of documents filed as part of this report:
EXHIBITS
Officer's Annual Statement as to Compliance by United PanAm Mortgage dated
May 19, 2000.
Report of Independent Certified Public Accountant by
PricewaterhouseCoopers dated March 24, 2000.
Management Assertion on Compliance with USAP by Ocwen Financial dated
March 24, 2000.
Report of Independent Public Accountants by Arthur Andersen LLP dated
August 26, 1999.
Annual Statement as to Compliance by Fairbanks Capital Corp. dated August
26, 1999.
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Registrant has duly caused
this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
By: Bankers Trust Company not in its individual
capacity but solely as a duly authorized
agent of the Registrant pursuant to the
Pooling and Servicing Agreement, dated as of
March 1, 1999.
By: /s/Judy L. Gomez
Judy L. Gomez
Assistant Vice President
Date: August 14, 2000
EXHIBIT INDEX
Exhibit Document
1.1 Officer's Annual Statement as to Compliance by United PanAm Mortgage
dated May 19, 2000.
1.2 Report of Independent Certified Public Accountant by
PricewaterhouseCoopers dated March 24, 2000.
1.3 Management Assertion on Compliance with USAP by Ocwen Financial dated
March 24, 2000.
1.4 Report of Independent Public Accountants by Arthur Andersen LLP dated
August 26, 1999.
1.5 Annual Statement as to Compliance by Fairbanks Capital Corp. dated
August 26, 1999.
