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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 27, 1998
Structured Asset Securities Corporation
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(Exact Name of Registrant as Specified in its Charter)
Delaware 333-47499 74-2440850
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
200 Vesey Street
New York, New York 10285
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code: (212) 526-5594
No Change
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events./1/
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Filed concurrently herewith under Form SE are certain materials (the
"Computational Materials") furnished to the Registrant by Lehman Brothers
Inc. (the "Underwriter") in respect of Structured Asset Securities
Corporation Mortgage Pass-Through Certificates, Series 1998-5, Class A, Class
B-1, Class B-2, Class B-3, Class B-4, Class B-5, Class B-6 and Class R
Certificates (the "Certificates"). The Certificates are being offered
pursuant to a Prospectus Supplement, dated April 27, 1998, and a Prospectus,
dated March 18, 1998 (together, the "Prospectus"), which are being filed with
the Commission pursuant to Rule 424(b) under the Securities Act of 1933, as
amended (the "Act"). The Certificates have been registered pursuant to the
Act under a Registration Statement on Form S-3 (No. 333-47499) (the
"Registration Statement"). The Computational Materials are incorporated by
reference in the Registration Statement.
The Computational Materials were prepared solely by the Underwriter, and
the Registrant did not prepare or participate (other than providing the
background information concerning the underlying pool of assets upon which
the Computational Materials are based to the Underwriter) in the preparation
of the Computational Materials.
Any statements or information contained in the Computational Materials
shall be deemed to be modified or superseded for purposes of the Prospectus
and the Registration Statement by statements or information contained in the
Prospectus.
/1/ Capitalized terms used but not otherwise defined herein shall have the
same meanings ascribed to them in the Prospectus.
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:
99.1 Computational Materials. (P)
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/ Stanley Labanowski
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Name: Stanley Labanowski
Title: Authorized Signatory
Dated: April 30, 1998
EXHIBIT INDEX
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Exhibit No. Description Page No.
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99.1 Computational Materials P
EXHIBIT 99.1 COMPUTATIONAL MATERIALS (P)
(To be filed on Form SE pursuant to a
continuing hardship exemption)
