UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
Quarterly Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
AMENDED
For the quarterly period ended Commission File Number
March 29, 1996 0-16312
- -------------------------------- ----------------------
ML ASSET BACKED CORPORATION
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 13-3433607
- ---------------------------------- -----------------------------------
(State or other jurisdiction (IRS EmployerIdentification Number)
of incorporation or organization)
World Financial Center
North Tower, Room 15-097
250 Vesey Street
New York, New York 10281-1315
- ---------------------------------------- ----------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 449-0336
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
Number of Shares Outstanding
Title of Each Class: as of March 29, 1996:
Common Stock, Par Value 100
$10 per Share
<PAGE>
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 .
The Registrant had 100 shares of common stock outstanding (all
owned by Merrill Lynch Mortgage Capital Inc.) as of May 8, 1996.
The Registrant meets the conditions set forth in General
Instruction H(1)(a) and (b) of Form 10-Q and is therefore filing
this form with the reduced disclosure format.
Item 5. Other Events.
This report and the attached Exhibit are filed as an
amendment to the 10-Q filed for the first quarter of 1996.
Page 2
<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.
By:\s\ Thomas Layton
--------------
Name: Thomas Layton
Title: Vice President
Dated: November 10, 1997
By:\s\ Michael M. McGovern
-------------------
Name: Michael M. McGovern
Title: Secretary
Dated: November 10, 1997
Page 3
<PAGE>
EXHIBITS INDEX PAGE NO.
EX-27 FINANCIAL DATA SCHEDULE 5
Page 4
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-28-1996
<PERIOD-START> DEC-30-1995
<PERIOD-END> MAR-29-1996
<CASH> 1000
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 1000
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 1000
<CURRENT-LIABILITIES> 0
<BONDS> 0
0
0
<COMMON> 1000
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 1000
<SALES> 0
<TOTAL-REVENUES> 0
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 0
<INCOME-TAX> 0
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 0
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
