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 333-64351-03
ASSET BACKED SECURITIES CORPORATION
(Exact name of registrant as specified in its charter)
11 Madision Avenue, Park Avenue Plaza
New York, New York 10010 212/325-1811
(Address, including zip code, and telephone number, including area code, of
registrant's principal executive offices)
Asset Backed Securities Corporaton
Home Equity Loan Trust, Series 1999-LB1
(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) x
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: 15
Pursuant to the requirements of the Securities Exchange Act of 1934, Issuer
of the Asset Backed Securities Corporation Home Equity Loan Trust, Series
1999-LB1, has caused this certification/notice to be signed on its behalf by the
undersigned duly authorized person.
Date: January 24, 2000 By: /s/ Thomas J. Provenzano
Thomas J. Provenzano
Vice President
The Chase Manhattan Bank, as Trustee