SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
Amendment No. 1
(Mark One)
| x | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 [FEE REQUIRED] *
For the fiscal year ended December 31, 1994
| | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
Commission File No.: 33-83802-01
Paine Webber Mortgage Acceptance Corporation IV, Mortgage Pass-Through
Certificates, Series 1994-8 Trust
(Exact name of registrant as specified in its charter)
New York (governing law of pooling and servicing agreement)
(State or other jurisdiction of incorporation or organization)
52-1901103
(I.R.S. Employer Identification No.)
c/o First Bank National Association
180 East Fifth Street
Corporate Trust, 2nd Floor
St. Paul, MN 55101
(Address of principal executive (Zip Code)
offices)
Registrant's telephone number, including area code (612)-244-6000
Securities registered pursuant to Section 12(b) of the Act: NONE
Securities registered pursuant to Section 12(g) of the Act: NONE
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has
been subject to such filing requirements for the past 90 days.
Yes X No
* Previously paid with Original Form 10-K.
This Amendment No. 1 on Form 10-K/A amends Item 14 of the original
Annual Report on Form 10-K (the "Original Form 10-K") filed on March 30,
1995 by Securitized Asset Services Corporation (the "Reporting Person"), on
behalf of Paine Webber Mortgage Acceptance Corporation IV, Mortgage Pass-
Through Certificates, Series 1994-8 Trust (the "Trust"), established
pursuant to a Pooling and Servicing Agreement (the "Pooling and Servicing
Agreement") among Paine Webber Mortgage Acceptance Corporation IV (the
"Company"), as depositor, a trustee and a master servicer (or, if
applicable, a servicer) and in some instances, a certificate administrator,
pursuant to which the Paine Webber Mortgage Acceptance Corporation IV,
Mortgage Pass-Through Certificates, Series 1994-8 registered under the
Securities Act of 1933 (the "Certificates") were issued. Item 14 of the
Original Form 10-K is amended to read in its entirety as follows:
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.
(a) Exhibits
In accordance with the no action letter from the Office of Chief
Counsel of the Division of Corporation Finance, Securities and
Exchange Commission (the "No Action Letter "), the following
exhibits are or will be provided:
99.1 Annual Report of Independent Public Accountants as to
master servicing activities or servicing activities, as
applicable, of:
(a) The Prudential Home Mortgage Company, Inc., as
Servicer<F1>
99.2 Annual Statement of Compliance with obligations under the
Pooling and Servicing Agreement or servicing agreement, as
applicable, of:
(a) The Prudential Home Mortgage Company, Inc., as
Servicer<F1>
(b) On September 23, 1994, a report on Form 8-K was filed by the
Company in order to provide the Pooling and Servcing Agreement for the
Certificates.
On October 7, 1994, November 8, 1994, and December 14, 1994, reports
on Form 8-K were filed by the Company in order to provide the
statements for the monthly distributions to holders of the
Certificates. No other reports on Form 8-K have been filed during the
last quarter for the period covered by the Original Form 10-K.
(c) Omitted pursuant to the No Action Letter.
(d) Omitted pursuant to the No Action Letter.
<F1> Filed herewith.
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) 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:
PAINE WEBBER MORTGAGE ACCEPTANCE CORPORATION IV, MORTGAGE PASS-THROUGH
CERTIFICATES, SERIES 1994-8 TRUST
By: PAINE WEBBER MORTGAGE ACCEPTANCE CORPORATION IV,
as Issuer
Name: /s/Mark I. Tecotzky
Name: Mark I. Tecotzky
Title: Managing director
Dated: May 30, 1996
EXHIBIT INDEX
Exhibit No.
99.1 Annual Report of Independent Public Accountants as to master
servicing activities or servicing activities, as applicable.
(a) The Prudential Home Mortgage Company, Inc., as Servicer<F1>
99.2 Annual Statement of Compliance with obligations under the Pooling and
Servicing Agreement or servicing agreement, as applicable.
(a) The Prudential Home Mortgage Company, Inc., as Servicer<F1>
<F1> Filed herewith.
DELOITTE & TOUCHE LLP
(logo)
Two Hilton Court Telephone: (201)631-7000
P.O. Box 319 Facsimile: (201)631-7459
Parsippany, New Jersey 07054-0319
INDEPENDENT AUDITORS' REPORT ON THE UNIFORM SINGLE AUDIT PROGRAM
FOR MORTGAGE BANKERS
Board of Directors
The Prudential Home Mortgage Company, Inc.
Frederick, Maryland
We have audited, in accordance with generally accepted auditing
standards, the consolidated balance sheet of The Prudential Home
Mortgage Company, Inc., and subsidiary (the Company) as of
December 31, 1994 and the related statements of income,
shareholder's equity, and cash flows for the year then ended, and
have issued our report thereon dated March 30, 1995.
In connection with our audit, which included tests relating to
mortgage loans serviced for others in accordance with the
requirements of the UNIFORM SINGLE AUDIT PROGRAM FOR MORTGAGE
BANKERS, no errors or exceptions relating to mortgage loans
serviced for others came to our attention that paragraph 4 of
that Program requires us to report.
This report is intended solely for the information and use of the
Board of Directors and management of The Prudential Home Mortgage
Company, Inc., and subsidiary and others for whom the Company
services mortgage loans, and should not be used for any other
purpose.
March 30, 1995
/s/ Deloitte and Touche LLP
(logo) Deloitte Touche Tohmatsu International
PRUDENTIAL HOME MORTGAGE (logo)
THE PRUDENTIAL HOME MORTGAGE
COMPANY, INC.
5325 Spectrum Drive
Frederick, MD 21701
THE PRUDENTIAL HOME MORTGAGE COMPANY, INC.
OFFICER'S ANNUAL COMPLIANCE CERTIFICATE
PMAC IV 1994-8
The undersigned, a Vice President of the Prudential Home Mortgage
Company, Inc., (the "Servicer") under a Pooling and Servicing
Agreement for PMAC IV 1994-8 (the "Agreement") entered into by
and among the PaineWebber Mortgage Acceptance Corporation IV,
(the "Depositor"), Securitized Asset Services Corporation, (the
"Master Servicer") and First Bank National Association (the
"Trustee"), hereby certify to the Trustee that:
(i) a review of the activities of the Servicer during the
preceding calendar year and of its performance under this
Agreement has been made under the undersigned's supervision,
and
(ii) to the best of the undersigned's knowledge, based on
such review, the Servicer has fulfilled all its obligations
under this Agreement throughout such year.
Capitalized terms used in the Agreement but not defined herein shall have
the same meaning given to them in the Agreement.
Date: April 12, 1995
By: /s/Brian Bartlett
Name: Brian Bartlett
Title: Vice President, Investor Services
An affiliate of The Prudential Insurance Company of America,
doing business as P.H. Mortgage Company, Inc. in Ohio.
