ACE SECURITIES CORP HOME EQUITY LOAN TRUST 1999-LB2
8-K, 1999-08-12
ASSET-BACKED SECURITIES
Previous: RHBT FINANCIAL CORP, 10QSB, 1999-08-12
Next: STRATABASE COM, SB-2, 1999-08-12






               -------------------------------------------------

                      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)
                                August 6, 1999


                             ACE Securities Corp.
            (Exact Name of Registrant as Specified in its Charter)



         Delaware                      333-56213              56-2088493
- ---------------------------           -----------          -------------------
State or Other Jurisdiction           (Commission           (I.R.S. Employer
  Of Incorporation)                   File Number)         Identification No.)


6525 Morrison Boulevard
       Suite 318
Charlotte, North Carolina                                       28211
- -------------------------                                    -----------
 (Address of Principal                                        (Zip Code)
  Executive  Offices)



      Registrant's telephone number, including area code: (704) 365-0569


                                   No Change
         ------------------------------------------------------------
         (Former Name or Former Address, if Changed Since Last Report)


Item 5.  Other Events.(1)
         ------------

     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
Loan Trust 1999-A Asset Backed Securities, Class A Notes, (the "Notes"). The
Certificates are being offered pursuant to a Prospectus Supplement, dated
August 6, 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.


- --------------

1    Capitalized terms used but not otherwise defined herein shall have the
     same meanings ascribed to them in the Prospectus.


Item 7.  Financial Statements; Pro Forma Financial Information and Exhibits.

         (a)   Not applicable.

         (b)   Not applicable.

         (c)   Exhibits:

               99.1   Computational Materials. (P)


                                  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
                                            -------------------------
                                            Name:  Elizabeth Eldridge
                                            Title: Vice President



Dated:  August 12, 1999



                                 EXHIBIT INDEX


Exhibit No.               Description                         Page No.

99.1                      Computational Materials                P




                   Exhibit 99.1 Computational Materials (P)

                     [To be filed on Form SE pursuant to a
                        continuing hardship exemption]




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission