SECURITIZED ASSET SALES INC
10-K/A, 1996-10-29
ASSET-BACKED SECURITIES
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		    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, 1995

|   |   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE 
SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

Commission File No.:  33-63586-10

Securitized Asset Sales, Inc. Mortgage Certificate-Backed Certificates, 
			Series 1995-A 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)

52-1932104
(I.R.S. Employer Identification No.)

c/o First Bank National Association
180 East Fifth Street
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 the 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 29, 
1996, by Securitized Asset Services Corporation (the "Reporting  Person"), 
on behalf of Securitized Asset Sales, Inc., Mortgage Certificate-Backed
Certificates, Series 1995-A Trust (the "Trust"), established pursuant 
to a Pooling and Servicing Agreement (the "Pooling and Servicing 
Agreement") among Securitized Asset Sales, Inc. (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 
Securitized Asset Sales, Inc., Mortgage Certificate-Backed Certificates, 
Series 1995-A 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 Corporate Finance, Securities and 
	  Exchange Commission dated May 11, 1994 (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)  Securitized Asset Services Corporation, as Certificate 
		    Administrator<F2>

	  99.2  Annual Statement of Compliance with obligations under the 
		Pooling and Servicing Agreement or servicing agreement, as 
		applicable, of:

	       (a)  Securitized Asset Services Corporation, as Certificate 
		    Administrator<F1>

     (b)  On October 20, 1995, a report on Form 8-K was filed by the 
	  Company in order to provide the Pooling and Servicing Agreement 
	  for the Certificates.

	  On October 17, 1995, November 8, 1995, and December 6, 1995, 
	  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 of the period covered by this report.

     (c)  Omitted pursuant to the No Action Letter.

     (d)  Omitted pursuant to the No Action Letter.



<F1>  Previously filed.

<F2>  No exhibit will be attached as the holdings of the trust are 
restricted to securities only.  The Annual Report of Independent Public 
Accountants is inapplicable as a result.

				 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:

       SECURITIZED ASSET SALES, INC. MORTGAGE CERTIFICATE-BACKED 
		    CERTIFICATES, SERIES 1995-A TRUST

By:  NORWEST BANK MINNESOTA, N.A.,
     as Certificate Administrator

By:  /s/Sherri J. Sharps, as attorney-in-fact   

By:  Sherri J. Sharps, as attorney-in-fact   

Title:  Vice President -- Securities Administration Services

Dated:  October 17, 1996




EXHIBIT INDEX

Exhibit No.

99.1  Annual Report of Independent Public Accountants as to master 
      servicing activities or servicing activities, as applicable.

      (a)  Securitized Asset Services Corporation, as Certificate 
	   Administrator<F2>

99.2  Annual Statement of Compliance with obligations under the Pooling and 
      Servicing Agreement or servicing agreement, as applicable.

      (a)  Securitized Asset Services Corporation, as Certificate 
	   Administrator<F1>





<F1>  Previously filed.

<F2>  No exhibit will be attached as the holdings of the trust are 
restricted to securities only.  The Annual Report of Independent Public 
Accountants is inapplicable as a result.



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