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)
November 16, 1998
Structured Asset Securities Corporation
(Exact Name of Registrant as Specified in its Charter)
Delaware 333-47499 74-2440850
State or Other Jurisdiction (Commission (I.R.S. Employer
Of Incorporation) File Number) Identification No.)
200 Vesey Street
New York, New York 10285
(Address of Principal Executive (Zip Code)
Offices)
Registrant's telephone number, including area code: (212) 526-5594
No Change
(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.1
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 1998-10, Class A, Class AP, Class AX,
Class B1, Class B2, Class B3 and Class R Certificates (the "Certificates"). The
Certificates are being offered pursuant to a Prospectus Supplement, dated
November 16, 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shall be deemed to be modified or superseded for purposes of the Prospectus and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.
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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
Exhibits.
(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/ Joseph J. Kelly
-----------------------
Name: Joseph J. Kelly
Title: Vice President
Dated: November 16, 1998
EXHIBIT INDEX
Exhibit No. Description Page No.
99.1 Computational Materials P
EXHIBIT 99.1 COMPUTATIONAL MATERIALS (P)
[To be filed on Form SE pursuant to a
continuing hardship exemption]