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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 AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
April 18, 1996
Structured Asset Securities Corporation
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(Exact Name of Registrant as Specified in its Charter)
Delaware 33-99598 742440850
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
200 Vesey Street 10285
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New York, New York (Zip Code)
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(Address of Principal
Executive Offices)
Registrant's telephone number, including area code (212) 526-5594
No Change
(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events./F1/
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Attached as Exhibit 23 to this Current Report is the consent of Coopers
& Lybrand LLP to the use of such firm's name under the caption "Experts", and
the incorporation by reference of such firm's report dated January 17, 1996
on its audits of the consolidated financial statements of Financial Security
Assurance Inc. and Subsidiaries, in the Prospectus (as defined herein)
relating to Structured Asset Securities Corporation Mortgage Pass-Through
Certificates, Series 1996-1, Class A1, Class A2, Class A3, Class A4, Class
A5, Class AP, Class M, Class B1 and Class B2 Certificates (the
"Certificates"). The Certificates are offered pursuant to a prospectus
supplement, dated April 16, 1996 (the "Prospectus Supplement"), and a
prospectus, dated December 18, 1995 (together with the Prospectus Supplement,
the "Prospectus"), which were filed with the Commission pursuant to Rule
424(b) under the Securities Act of 1933, as amended (the "Act"). The
Certificates are registered pursuant to the Act under a Registration
Statement on Form S-3 (No. 33-99598) (the "Registration Statement").
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/F1/ Capitalized terms used but not otherwise defined herein shall have
the same meaning ascribed to them in the Prospectus.
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Item 7. Financial Statements; Pro Forma Financial Information and
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Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
23. Consent of Experts and Counsel
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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 hereunto duly authorized.
STRUCTURED ASSET SECURITIES
CORPORATION
By: /s/ Prue Larocca
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Name: Prue Larocca
Title: Vice President
Dated: May 22, 1996
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EXHIBIT INDEX
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Exhibit No. Description Page No.
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23 Consent of Experts and Counsel
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EXHIBIT 23 CONSENT OF EXPERTS AND COUNSEL
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CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in this Prospectus Supplement
dated April 16, 1996 (to Prospectus dated December 18, 1995) of Structured
Asset Securities Corporation relating to Mortgage Pass-Through Certificates,
Series 1996-1 of our report dated January 17, 1996 on our audits of the
consolidated financial statements of Financial Security Assurance Inc. and
Subsidiaries. We also consent to the reference to our Firm under the caption
"Experts".
/s/ COOPERS & LYBRAND LLP
COOPERS & LYBRAND LLP
New York, New York
April 16, 1996
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