SALOMON BROTHERS MORTGAGE SECURITIES VII INC
8-K, 2000-11-27
ASSET-BACKED SECURITIES
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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 Exchange Act of 1934


       Date of Report (Date of earliest event reported) November 27, 2000


                 SALOMON BROTHERS MORTGAGE SECURITIES VII, INC.
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             (Exact name of registrant as specified in its charter)

         Delaware                    333-84249                13-3439681
         --------                    ---------                ----------
(State or Other Jurisdiction        (Commission           (I.R.S. Employer
of Incorporation)                   File Number)          Identification Number)

390 Greenwich Street, 4th Floor
New York, New York                                               10013
------------------                                               -----
(Address of Principal                                           (Zip Code)
Executive Offices)

Registrant's telephone number, including area code: (212) 783-5635
                                                    --------------







<PAGE>




Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.
         ------------------------------------------------------------------

         (a)      Not applicable

         (b)      Not applicable

         (c)      Exhibits:

                             Item 601(a) of
                             Regulation S-K
Exhibit No.                  Exhibit No.              Description
-----------                  -----------              -----------

1                            5.1                      Opinion and Consent of
                                                      Thacher Proffitt & Wood.






<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 thereunto duly authorized.


Dated: November 27, 2000
                                            SALOMON BROTHERS MORTGAGE
                                            SECURITIES VII, INC.


                                            By:      /s/ Matthew R. Bollo
                                               --------------------------
                                            Name:    Matthew R. Bollo
                                            Title:   Assistant Vice President








<PAGE>



                                  EXHIBIT INDEX


                  Item 601(a) of
Exhibit           Regulation S-K
Number            Exhibit No.                  Description
------            -----------                  -----------

1                 5.1                          Opinion and Consent of Counsel


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