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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, as amended
Date of Report (Date of earliest event reported): March 27, 2000
WMC SECURED ASSETS CORP. (as company under the Pooling and Servicing Agreement,
dated as of March 1, 2000, providing for the issuance of
Mortgage Pass-Through Certificates, Series 2000-A)
WMC Secured Assets Corp.
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(Exact name of registrant as specified in its charter)
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Delaware 333-59687 95-4683489
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
6320 Canoga Avenue
Woodland Hills, California 91367
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code: (818) 592-2610
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Item 5. Other Events
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Description of the Certificates and the Mortgage Pool
As of the date hereof, WMC Secured Assets Corp. (the "Registrant")
plans the issuance of a series of certificates, entitled WMC Mortgage Loan Trust
2000-A, Mortgage Pass Through Certificates, Series 2000-A (the "Certificates"),
to be issued pursuant to a pooling and servicing agreement, dated as of April 3,
2000, among the Registrant as depositor, WMC Mortgage Corp. as seller and master
servicer and Bank One, National Association as trustee. The Certificates
designated as the Series 2000-A Certificates will represent in the aggregate the
entire beneficial ownership interest in a trust fund (the "Trust Fund")
consisting primarily of a pool (the "Mortgage Pool") of conventional, one- to
four-family, fixed rate and adjustable rate, first lien and second lien mortgage
loans having original terms to maturity up to 30 years (the "Mortgage Loans").
Computational Materials
Bear, Stearns & Co. Inc. (the "Underwriter") has advised the Registrant
that it has furnished to certain prospective purchasers of Certificates certain
materials, herein referred to as "Computational Materials", in written form,
which Computational Materials are in the nature of data tables and term sheet
information relating to the Mortgage Loans or other assets of the Trust Fund,
the structure of the Certificates and terms of certain classes of Certificates,
and the hypothetical characteristics and hypothetical performance of certain
classes of Certificates under certain assumptions and scenarios.
The Computational Materials have been provided by the Underwriter. The
information in the Computational Materials is preliminary and will be superseded
by the Prospectus Supplement relating to the Certificates and by any other
information subsequently filed with the Commission.
The Computational Materials were prepared by the Underwriter at the
request of certain prospective investors. The Computational Materials may be
based on information that differs from the information set forth in the
Prospectus Supplement.
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Item 7. Financial Statements and Exhibits
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(a) Not applicable
(b) Not applicable
(c) Exhibits
Exhibit No. Description
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99.1 Computational Materials (as defined in Item 5)
that have been provided by Bear, Stearns & Co.
to certain prospective purchasers of WMC
Mortgage Pass-Through Certificates, Series
2000-A
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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 thereunto duly authorized.
Dated: March 27, 2000
WMC SECURED ASSETS CORP.
By: /s/ David B. Trzcinski
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Name: David B. Trzcinski
Title: Executive Vice President
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Index to Exhibits
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Sequentially
Exhibit No. Description Numbered Page
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99.1 Computational Materials (as defined in Item 5) P
that have been provided by Bear, Stearns & Co.
Inc. to certain prospective purchasers of WMC
Mortgage Backed Pass-Through Certificates,
Series 2000-A
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EXHIBIT 99.1
FILED BY PAPER
