STRUCTURED ASSET SECURITIES CORP
8-K, 2000-11-01
ASSET-BACKED SECURITIES
Previous: SOUTHWEST OIL & GAS INCOME FUND VII A L P, 10-Q, 2000-11-01
Next: STRUCTURED ASSET SECURITIES CORP, 424B3, 2000-11-01





               -------------------------------------------------

                      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)
                               October 30, 2000


                    Structured Asset Securities Corporation
          -----------------------------------------------------------
            (Exact Name of Registrant as Specified in its Charter)



          Delaware                     333-35026               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                                        (Zip Code)
   Executive 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 2000-5, Class 1-A1, Class 1-AX,
Class 2-A1, Class 2-A3, Class 2-AX, Class 2-AP, Class 3-A1, Class 3-AX, Class
3-AP, Class B1, Class B2, Class B3 and Class R Certificates (the
"Certificates"). The Certificates are being offered pursuant to a Prospectus
Supplement, dated October 25, 2000, and a Prospectus, dated May 23, 2000
(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- 35026) (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/ Ellen V. Kiernan
                                                ------------------------------
                                                Name:  Ellen V. Kiernan
                                                Title:  Vice President



Dated:  October 30, 2000

<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]



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission