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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 18, 2000
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Bear Stearns Asset Backed Securities, Inc.
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(Exact name of registrant specified in Charter)
Delaware 333-43278 13-3836437
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
245 Park Avenue
New York, NY 10167
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(Address of principal executive offices) Zip Code
Registrant's telephone, including area code: (212) 272-4095
Not Applicable
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(Former name and former address, if changed since last report)
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ITEM 5. Other Events
Filing of Computational Materials
In connection with the proposed offering of the Bear Stearns Asset
Backed Securities, Inc., Irwin Home Equity Loan Trust 2000-1, Home Equity
Loan-Backed Term Notes, Series 2000-1 (the "Notes"), Bear, Stearns & Co. Inc.,
as the underwriter (the "Underwriter"), has prepared certain materials (the
"Computational Materials") for distribution to its potential investors. Although
Bear Stearns Asset Backed Securities, Inc. (the "Company") provided the
Underwriter with certain information regarding the characteristics of the
mortgage loans (the "Mortgage Loans") in the related portfolio, the Company did
not participate in the preparation of the Computational Materials.
For purposes of this Form 8-K, "Computational Materials" shall mean the
Series 2000-1 term sheet, computer generated tables and/or charts displaying,
with respect to the Notes, any of the following: yield; average life; duration,
expected maturity; interest rate sensitivity; loss sensitivity; cash flow
characteristics; background information regarding the Mortgage Loans; the
proposed structure; decrement tables; or similar information (tabular or
otherwise) of a statistical, mathematical, tabular or computational nature. The
Computational Materials are attached hereto as Exhibit 99.1.
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ITEM 7. Financial Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 The Irwin Home Equity Loan Trust 2000-1 Computational
Materials, filed on Form 8-K dated September 18, 2000
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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 hereunto duly authorized.
BEAR STEARNS ASSET BACKED
SECURITIES, INC.
Date: September 18, 2000
By: /s/ Jonathan Lieberman
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Name: Jonathan Lieberman
Title: Vice President
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INDEX TO EXHIBITS
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Paper (P) or
Exhibit No. Description Electronic (E)
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(99.1) The Irwin Home Equity Loan P
Trust 2000-1 Computational
Materials, filed on Form 8-K dated
September 18, 2000
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