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: 333-09532
BEAR STEARNS ASSET BACKED SECURITIES, INC.
(AS DEPOSITOR UNDER THE SALE AND SERVICING AGREEMENT
DATED AS OF MARCH 1, 1998, PROVIDING FOR THE ISSUANCE OF
UNITED NATIONAL HOME LOAN OWNER TRUST 1999-1
HOME LOAN ASSET-BACKED NOTES)
245 Park Avenue
New York, New York 10167
(212) 272-4095
(Address, including zip code and telephone number, including area code,
of registrant's principal executive offices)
UNITED NATIONAL HOME LOAN OWNER TRUST 1999-1
HOME LOAN ASSET-BACKED NOTES
(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 12h-3(b)(1)(i) ___
Rule 12g-4(a)(1)(ii) ___ Rule 12h-3(b)(1)(ii) ___
Rule 12g-4(a)(2)(i) ___ Rule 12h-3(b)(2)(i) ___
Rule 12g-4(a)(2)(ii) ___ Rule 12h-3(b)(2)(ii) ___
Rule 15d-6 _X_
Approximate number of holders of record
as of the certification or notice date: 259
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this certification/notice to be signed on its behalf by
the undersigned duly authorized person.
Date: 01/28/00
ASSET BACKED SECURITIES CORPORATION by U.S. Bank National Association,
as Trustee for Credit Suisse First Boston Mortgage Pass-through
Certificates, Series 1998-1.
By: /s/ Barbara J. Quall
--------------------------------------
Name: Barbara J. Quall
Title: Vice President
Company: U.S. Bank National Association
