-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IKS5puv7oTtex/QsUp2VedbNloWhMA88g1LLXYJ+DGTxAEMRzp+R+Njr54eqlStQ xjXef9Jvho8HgDMKW2xOxQ== 0001012975-98-000235.txt : 19981015 0001012975-98-000235.hdr.sgml : 19981015 ACCESSION NUMBER: 0001012975-98-000235 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981014 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19981014 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: WILSHIRE REAL ESTATE INVESTMENT TRUST INC CENTRAL INDEX KEY: 0001048566 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 911851535 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-23911 FILM NUMBER: 98725480 BUSINESS ADDRESS: STREET 1: C/O WILSHIRE FINANCIAL SERVICES GROUP IN STREET 2: 1776 SW MADISON STREET CITY: PORTLAND STATE: OR ZIP: 97205 BUSINESS PHONE: 5032235600 MAIL ADDRESS: STREET 1: C/O WILSHIRE FINANCIAL SERVICES GROUP IN STREET 2: 1776 SW MADISON STREET CITY: PORTLAND STATE: OR ZIP: 97205 8-K 1 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 SEPTEMBER 22, 1998 Date of report (Date of earliest event reported) WILSHIRE REAL ESTATE INVESTMENT TRUST INC. (Exact name of registrant as specified in its charter) MARYLAND 0-23911 52-2081138 - ---------------------------------------------------------------------------- (State or other Commission File Number (I.R.S. Employer jurisdiction of dentification incorporation) Number) - ---------------------------------------------------------------------------- 1776 SW MADISON STREET, PORTLAND, OR 97205 (Address of principal executive offices) (Zip Code) (503) 223-5600 Registrant's telephone number, including area code NOT APPLICABLE Former name or former address, (if changed since last report) 1 ITEM 2. SIGNIFICANT ACQUISITION. On September 22, 1998, Wilshire Real Estate Investment Trust Inc. purchased the Class M1 Certificate of the WMC Mortgage Pass-Through Certificates, Series 1998-B securitization. The Class M1 Certificates have an original face of $56,000,000. The bond is rated "AA" and "Aa2" by Standard & Poor's Ratings Service and Moody's Ratings Service, respectively. The bonds are backed by a pool of 1st lien, newly originated residential adjustable rate mortgages. The bond was purchased from Bear Stearns & Co. Inc. and will be financed with a repurchase agreement plus available cash. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (b) As of the date of this Form 8-K, the applicable pro forma financial information is not available, but will be filed by the Company on Form 8-K as soon as practicable. 2 SIGNATURES 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. WILSHIRE REAL ESTATE INVESTMENT TRUST INC. Date: October 14, 1998 By: /S/ CHRIS TASSOS ----------------------------- Chris Tassos Executive Vice President and Chief Financial Officer 3 -----END PRIVACY-ENHANCED MESSAGE-----