<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
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QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For Quarter Ended September 30, 1999
Commission File Number 33-11924
CS FBC MORTGAGE SECURITIES TRUST 22 AND SIMILAR TRUSTS
OF WHICH CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP. IS DEPOSITOR
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(Exact name of registrant as specified in its governing instruments)
DELAWARE NOT APPLICABLE
- ------------------------------- ------------------------------------
(State or other jurisdiction of (I.R.S. Employer Identification No.)
establishment of Trusts)
c/o Wilmington Trust Company
Rodney Square North
WILMINGTON, DELAWARE 19890
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(Address of Owner Trustee) (Zip Code)
Owner Trustee's telephone number, including area code 302-651-1000
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 |_|
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CS FBC MORTGAGE SECURITIES TRUST 22
AND SIMILAR TRUST
INDEX
Page
Number
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PART I FINANCIAL INFORMATION
Item 1. Financial Statements 3
Item 2. Management's Discussion and Analysis of Financial
Condition and Results of Operations 3
PART II OTHER INFORMATION
Item 1. Legal Proceedings 4
Item 2. Changes in Securities 4
Item 3. Defaults Upon Senior Securities 4
Item 4. Submission of Matters to a Vote of Security Holders 4
Item 5. Other Information 4
Item 6. Exhibits and Reports on Form 8-K 4
SIGNATURE 5
INDEX TO EXHIBITS 6
Page 2
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CS FBC MORTGAGE SECURITIES TRUST 22
AND SIMILAR TRUSTS
PART I FINANCIAL INFORMATION
Item 1. FINANCIAL STATEMENTS
Financial statements for the period ended September 30, 1999 have
not been prepared in as much as the reporting entities have not
commenced operations as of that date.
Registration Statement No. 33-11924 was filed on Form S-11 by
Credit Suisse First Boston Mortgage Securities Corp., on February
12, 1987 with the Securities and Exchange Commission which
provided for the issuance of up to $2,000,000,000 aggregate
principal amount of Collateralized Mortgage Obligations. As of
the date of this report, the trusts have been formed and have not
issued any Bonds.
The Trusts are formed under the laws of the state of Delaware by
a trust agreement between Credit Suisse First Boston Mortgage
Securities Corp., as depositor, and Wilmington Trust Company, as
Owner Trustee (the "Owner Trustee"). Subsequent to the issuance
of the Bonds of Trust 22 and Similar Trusts, the Depositor may
sell all or a part of its ownership interest in the related
trusts to other investors.
The powers and activities of the aforementioned trusts are
limited to the issuance of Bonds, the acquisition of
mortgage-backed certificates to collateralize the Bonds, the
administration of the Bonds and other related activities. As of
the date of this report, the trusts have not issued any bonds.
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS
Not applicable.
Page 3
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CS FBC MORTGAGE SECURITIES TRUST 22
AND SIMILAR TRUSTS
PART II OTHER INFORMATION
Item 1. LEGAL PROCEEDINGS
None.
Item 2. CHANGES IN SECURITIES
Not applicable.
Item 3. DEFAULTS UPON SENIOR SECURITIES
Not applicable.
Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
Not applicable.
Item 5. OTHER INFORMATION
None
Item 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) EXHIBITS:
Form of Trust Agreement (for non-REMIC Bonds)
(incorporated by reference to Exhibit 3(a) of Registration
Statement on Form S-11 (No. 33-11924) dated February 12,
1987).
Form of Trust Agreement (for REMIC Bonds) (incorporated by
reference to Exhibit 3(b) of Registration Statement on
Form S-11 (No. 33-11924) dated February 12, 1987).
Form of Indenture (incorporated by reference to Exhibit 4
of Registration Statement on Form S-11 (No. 33-11924)
dated February 12, 1987).
Form of Bond Administration Agreement (for non-REMIC
Bonds) (incorporated by reference to Exhibit 10(a) of
Registration Statement on Form S-11 (No. 33-11924) dated
February 12, 1987).
Form of Bond Administration Agreement (for REMIC Bonds)
(incorporated by reference to Exhibit 10(b) of
Registration Statement on Form S-11 (No. 33-11924) dated
February 12, 1987).
(b) REPORTS ON FORM 8-K None.
Page 4
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SIGNATURE
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.
Credit Suisse First Boston Mortgage
Securities Corp., as
Depositor, on behalf of
CS FBC Mortgage Securities
Trust 22 and Similar Trusts
By: /s/ THOMAS M. ZINGALLI
---------------------------------
Thomas M. Zingalli
Controller and Principal
Accounting Officer
(Duly Authorized Officer and
Principal Accounting Officer)
Dated: November 8, 1999
Page 5
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INDEX TO EXHIBITS
Exhibit
Number Description of Exhibit Page
- ------- ---------------------- ----
3(a) Form of Trust Agremment (for non-REMIC Bonds) *
3(b) Form of Trust Agreement (for REMIC Bonds) *
4 Form of Indenture *
10(a) Form of Bond Administration Agreement (for non-REMIC Bonds) *
10(b) Form on Bond Administration Agreement (for REMIC Bonds) *
* Incorporated by reference to the same Exhibits in Registration Statement
on Form S-11 (No. 33- 11924) filed with the Securities and Exchange
Commission on February 12, 1987.
Page 6
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> SEP-30-1999
<CASH> 0<F1>
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 0
<CURRENT-LIABILITIES> 0
<BONDS> 0
0
0
<COMMON> 0
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 0
<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-BASIC> 0
<EPS-DILUTED> 0
<FN>
<F1>Financial statements for the year ended September 30, 1999 have not been
prepared in as much as the reporting entities have not commenced operations as
of that date.
</FN>
</TABLE>
