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 24, 1999
PAINEWEBBER MORTGAGE ACCEPTANCE CORPORATION IV (as depositor under the Pooling
and Servicing Agreement, relating to the New South Home Equity Trust 1999-2,
Home Equity Asset Backed Certificates, Series 1999-2)
PAINEWEBBER MORTGAGE ACCEPTANCE CORPORATION IV
Delaware 333-79283 06-1204982
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1285 Avenue of the Americas, New York, New York 10019
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 713-2000
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(Former name or former address, if changed since last report)
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ITEM 5. Other Events
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Attached as an exhibit to this Current Report is the consent of
PricewaterhouseCoopers LLP furnished to the Registrant by
PricewaterhouseCoopers LLP in connection with the offering by New South
Home Equity Trust 1999-2 of its Home Equity Asset Backed Certificates,
Series 1999-2.
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ITEM 7. Financial Statements and Exhibits
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(c) Exhibits
Item 601(a)
of Regulation S-K
Exhibit No. Description
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(23) Consent of PricewaterhouseCoopers LLP
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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.
PAINEWEBBER MORTGAGE ACCEPTANCE
CORPORATION IV
November 30, 1999
By: /s/ Barbara J. Dawson
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Barbara J. Dawson
Senior Vice President
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INDEX TO EXHIBITS
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Paper (P) or
Exhibit No. Description Electronic (E)
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(23) Consent of PricewaterhouseCoopers E
LLP
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in the Prospectus Supplement
of PaineWebber Mortgage Acceptance Corporation IV, relating to New South Home
Equity Trust 1999-2, of our report dated February 2, 1999, on our audits of the
consolidated financial statements of MBIA Insurance Corporation and Subsidiaries
as of December 31, 1998 and 1997 and for each of the three years in the period
ended December 31, 1998. We also consent to the reference to our Firm under the
caption "Experts".
/s/ PriceWaterhouseCoopers LLP
November 24, 1999
