HOMESIDE MORTGAGE SECURITIES INC /DE/
15-15D, 1999-01-26
ASSET-BACKED SECURITIES
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                              United States
                   SECURITIES AND EXCHANGE COMMISSION

                              Washington, D.C.  20549


                              FORM 15


  Certification and Notice of Termination of Registration under Section 12(g)
  of the Securities Exchange Act of 1934 or Suspension of Duty to File Reports
  under Sections 13 and 15(d) of the Securities Exchange Act of 1934.





  Commission File Number:        033-34957


                                 Homeside Mortgage Securities, Inc.

                                 Mortgage Pass-Through Certificates
                                 Series      1998-1         Trust

 (Exact name of registrant as specified in its charter)


  c/o Norwest Bank Minnesota, N.A.
  11000 Broken Land Parkway

  Columbia, Maryland  21044
  (410) 884-2000


  (Address, including zip code, and telephone number, including area code, of
  registrant's principal executive offices)






          A1

          A10



          A2


          A3

          A4

          A5


          A6

          A7

          A8


          A9

          AP

          AR


          AX

          B1

          B2


          B3

          B4

          B5


          M

   (Title of each class of securities covered by this Form)

           
                                                                              
                           None                                               
                                                                               
   (Titles of all other classes of securities for which a duty to file reports 
   under section 13(a) or 15(d) remains)                                       
                                                                               
                                                                               
                                                                               
    Please place an X in the box(es) to designate the appropriate rule         
   provision(s) relied upon to terminate or suspend the duty to file reports:  
                                                                               
                                                                               
                                                                               
                                                                               
      Rule 12g-4(a)(1)(i)   / /                                                
                                                                               
      Rule 12g-4(a)(1)(ii)  / /                                                
                                                                               
      Rule 12g-4(a)(2)(i)   / /                                                
                                                                               
      Rule 12g-4(a)(2)(ii)  / /                                                
                                                                               
      Rule 15d-6            /X/                                                
                                                                               
      Rule 12h-3(b)(1)(i)   /X/                                                
                                                                               
      Rule 12h-3(b)(1)(ii)  / /                                                
                                                                               
      Rule 12h-3(b)(2)(i)   / /                                                
                                                                               
      Rule 12h-3(b)(2)(ii)  / /                                                
                                                                               
                                                                               
 Approximate number of holders of record as of the certification or notice date
                                                                              
                                                                         
                                      21                                     
                                                                               
                                                                              
                                                                            
                                                                             
                                                                              
                                                                              
                                                                               
    Pursuant to the requirements of the Securities Exchange Act of 1934,       
                                                                               
                                                                              
                                                                               
                           Homeside Mortgage Securities, Inc.                
                           Mortgage Pass-Through Certificates                   
                                                                              
                           Series       1998-1              Trust      
                                                                              
   has caused this certification/notice to be signed on its behalf by the       
   undersigned duly authorized person.                                          
                                                                              
                                                                              
    Date:                             1/22/1999                               
    By: /S/         Sherri J. Sharps, Vice President                          
                                                                              
                                                                              
                                                                              
    Instruction:  This form is required by Rules 12g-4,12h-3 and 15d-6 of the 
    General Rules and Regulations under the Securities Exchange Act of 1934.The
    registrant shall file with the Commission three copies of Form 15, one of 
    which shall be manually signed.  It may be signed by an officer of the    
    registrant, by counsel or by any other duly authorized person.The name and 
    title of the person signing the form shall be typed or printed under the   
    signature.                                                                
                                                                               
                                                                               
                                                                              


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