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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 333-00365
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Asset Backed Securities Corporation
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(Exact name of registrant as specified in its charter)
11 Madison Avenue
New York, New York 10010
(212) 325-1811
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(Address, including zip code, and telephone number,
including area code of registrant's principal executive
offices)
Compass Auto Receivables Trust 1998-A: 5.659% Class A-1 Asset Backed Notes
5.709% Class A-2 Asset Backed Notes
5.900% Class A-3 Asset Backed Notes
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(Title of each class of securities covered by this form)
None
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(Title 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) [ ]
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 certification
or notice date: 22
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Pursuant to the requirements of the Securities Exchange Act of 1934,
Asset Backed Securities Corporation has caused this
certification/notice to be signed on its behalf by the undersigned
duly authorized person.
Date: January 21, 1999 By: /s/ Erik A. Falk
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Erik A. Falk
Vice President