NORWEST ASSET SEC CORP MORT PASS THR CERT SER 1999-25
8-K, 1999-11-30
ASSET-BACKED SECURITIES
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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: November 30, 1999
(Date of earliest event reported)

Commission File No. 333-65481



                      Norwest Asset Securities Corporation
- --------------------------------------------------------------------------------




               Delaware                                  52-1972128
- ----------------------------------------     -----------------------------------
       (State of Incorporation)                (I.R.S. Employer Identification
                                                            No.)



7485 New Horizon Way, Frederick, Maryland                         21703
- --------------------------------------------------   ---------------------------
 Address of principal executive offices                        (Zip Code)




                                 (301) 846-8881
- --------------------------------------------------------------------------------
               Registrant's Telephone Number, including area code





- --------------------------------------------------------------------------------
   (Former name, former address and former fiscal year, if changed since last
                                    report)



<PAGE>




ITEM 5.     Other Events
            ------------

            On November  30,  1999,  Norwest  Asset  Securities  Corporation,  a
Delaware corporation (the "Registrant"), filed pursuant to Rule 424(b)(5) of the
Securities  Act of 1933,  as amended,  a  Supplement  (the  "Supplement")  dated
November  23, 1999 to a Prospectus  Supplement  dated  September  22, 1999 and a
Prospectus  dated August 18, 1999,  relating to the offering of the Registrant's
Mortgage  Pass-Through  Certificates,  Series 1999-25,  Class B-1, Class B-2 and
Class B-3. The Registrant's Mortgage Pass-Through  Certificates,  Series 1999-25
also includes  certain  classes of  certificates  not offered by the  Supplement
(such   classes,   together  with  the  Class  B-1,  Class  B-2  and  Class  B-3
Certificates,  are referred to herein as the  "Certificates").  The Certificates
were issued on September 29, 1999.

            The Supplement contains selected updated  information  regarding the
Certificates and the Mortgage Loans constituting the trust estate underlying the
Certificates.



<PAGE>

            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.


                                       NORWEST ASSET SECURITIES CORPORATION

November 30, 1999
                                        /s/ Patrick Greene
                                       ---------------------------------------
                                       Patrick Greene
                                       Vice President


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