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)
February 22, 1999
Structured Asset Securities Corporation
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(Exact Name of Registrant as Specified in its Charter)
Delaware 333-68513 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 Executive (Zip Code)
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)
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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 First Nationwide Trust 1999-1 Structured
Asset Securities Corporation Mortgage Pass-Through Certificates, Series 1999-1,
Class 1-A, Class 2-A1, Class 2-A2, Class 2-A3, Class 2-A4, Class 2-A5, Class
2-A6, Class 2-A7, Class 2-A8, Class AX, Class AP, Class 1-B1, Class 2-B1, Class
1-B2, Class 2-B2, Class 1-B3, Class 2-B3 and Class R Certificates (the
"Certificates"). The Certificates are being offered pursuant to a Prospectus
Supplement, dated February 18, 1999 (the "Group 2 Prospectus Supplement"), a
Prospectus Supplement, dated February 22, 1999 (the "Group 1 Prospectus
Supplement") and a Prospectus, dated January 15, 1999 (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. 333-68513) (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.
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Item 7. Financial Statements; Pro Forma Financial Information and
Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Computational Materials. (P)
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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/ Joseph J. Kelly
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Name: Joseph J. Kelly
Title: Vice President
Dated: February 22, 1999
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EXHIBIT INDEX
Exhibit No. Description Page No.
99.1 Computational Materials P
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Exhibit 99.1 Computational Materials (P)
[To be filed on Form SE pursuant to a
continuing hardship exemption]
