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: August 14, 2000
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(Date of earliest event reported)
Credit Suisse First Boston Mortgage Securities Corp.
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(Exact name of registrant as specified in its charter)
Delaware 333-51771 13-3320910
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(State or Other (Commission (I.R.S. Employer
Jurisdiction File Number) Identification No.)
of Incorporation)
11 Madison Avenue, New York, New York 10010-3629
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Address of Principal Executive Office
Registrant's telephone number, including area code: (212) 325-3629
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ITEM 5. OTHER EVENTS.
On August 4, 2000, Credit Suisse First Boston Mortgage Securities
Corp. (the "Registrant") issued the Commercial Mortgage Pass-Through
Certificates, Series 2000-C1 in nineteen classes (the "Certificates"). The Class
A-1, Class A-2, Class B, Class C and Class D Certificates, with an aggregate
principal balance of $971,600,000, were sold to Credit Suisse First Boston
Corporation and Morgan Stanley & Co. Incorporated (collectively, the
"Underwriters") pursuant to an Underwriting Agreement, dated July 27, 2000,
between the Registrant and the Underwriters. The Certificates were issued
pursuant to a pooling and servicing agreement, dated as of July 11, 2000 (the
"Pooling and Servicing Agreement"), by and among the Registrant, as depositor,
Wells Fargo Bank Minnesota, N.A., as trustee, CapMark Services, L.P., as
servicer, Lennar Partners, Inc., as special servicer, and National Consumer
Cooperative Bank, as servicer and special servicer, a copy of which is filed as
Exhibit 4.1. The Certificates represent interests in a trust fund consisting
primarily of a pool of fixed rate multifamily and commercial mortgage loans (the
"Mortgage Loans"). Certain of the Mortgage Loans were acquired by the Registrant
from Credit Suisse First Boston Mortgage Capital LLC (the "CSFB Mortgage Loan
Seller") pursuant to a mortgage loan purchase agreement, dated as of July 11,
2000 (the "CSFB Mortgage Loan Purchase Agreement"), between the CSFB Mortgage
Loan Seller and the Registrant. The remaining Mortgage Loans were acquired from
Morgan Stanley Dean Witter Mortgage Capital Inc. (the "MSDWMC Mortgage Loan
Seller") pursuant to a mortgage loan purchase agreement, dated as of July 11,
2000 (the "MSDWMC Mortgage Loan Purchase Agreement"), between the MSDWMC
Mortgage Loan Seller and the Registrant and from National Consumer Cooperative
Bank (the "NCCB Mortgage Loan Seller") pursuant to a mortgage loan purchase
agreement, dated as of July 11, 2000 (the "NCCB Mortgage Loan Purchase
Agreement"), between the NCCB Mortgage Loan Seller and the Registrant.
Interest on the Certificates will be paid on each Distribution Date
(as defined in the Pooling and Servicing Agreement). Monthly payments in
reduction of the principal amount of the Certificates will be allocated to the
Certificates in accordance with the priorities set forth in the Pooling and
Servicing Agreement.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
Exhibit No. Description
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4.1 Pooling and Servicing Agreement
4.2 CSFB Mortgage Loan Purchase
Agreement
4.3 MSDWMC Mortgage Loan Purchase
Agreement
4.4 NCCB Mortgage Loan Purchase
Agreement
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Pursuant to the requirements of the Securities Act of 1934, the
Registrant has duly caused this report to be signed on behalf of the Registrant
by the undersigned thereunto duly authorized.
CREDIT SUISSE FIRST BOSTON
MORTGAGE SECURITIES CORP.
By: /s/ Debra Huddleston
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Name: Debra Huddleston
Title: Vice-President
Date:August 14, 2000
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EXHIBIT INDEX
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Exhibit No. Description Paper (P) or Electronic (E)
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4.1 Pooling and Servicing Agreement E
4.2 CSFB Mortgage Loan Purchase E
Agreement
4.3 MSDWMC Mortgage Loan Purchase E
Agreement
4.4 NCCB Mortgage Loan Purchase E
Agreement
