-------------------------------------------------
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)
January 26, 1999
Structured Asset Securities Corporation
-----------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Delaware 333-68513 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)
<PAGE>
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 1999-BC1, Class A1, Class A2, Class
AIO, Class M1, Class M2 and Class B Certificates (the "Certificates"). The
Certificates are being offered pursuant to a Prospectus Supplement, dated
January 26, 1999, 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Materials shall be deemed to be modified or superseded for purposes of the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.
- --------------------------
1 Capitalized terms used but not otherwise defined herein shall have the
same meanings ascribed to them in the Prospectus.
<PAGE>
Item 7. Financial Statements; Pro Forma Financial Information and Exhibits.
------------------------------------------------------------------
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Computational Materials.(P)
<PAGE>
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 P. Labanowski
-------------------------
Name: Stanley P. Labanowski
Title: Vice President
Dated: January 28, 1999
<PAGE>
EXHIBIT INDEX
-------------
Exhibit No. Description Page No.
- ---------- ----------- --------
99.1 Computational Materials P
<PAGE>
EXHIBIT 99.1 COMPUTATIONAL MATERIALS (P)
[To be filed on Form SE pursuant to a
continuing hardship exemption]
