-----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, L9PTRXyCiygAoeIaMkVf4BJoF+kN/H88BTXACoc99y4pLzQpMa3Povor+kXXTStw 3kiNY1NQK7ACGJkZlTBfKg== 0000882377-01-000146.txt : 20010323 0000882377-01-000146.hdr.sgml : 20010323 ACCESSION NUMBER: 0000882377-01-000146 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010322 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010322 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACE SECURITIES CORP CENTRAL INDEX KEY: 0001063292 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 562088493 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-56213 FILM NUMBER: 1575293 BUSINESS ADDRESS: STREET 1: 6525 MORRISON BLVD STREET 2: SUITE 318 CITY: CHARLOTTE STATE: NC ZIP: 28211 BUSINESS PHONE: 7043650569 MAIL ADDRESS: STREET 1: 6525 MORRISON BLVD STREET 2: SUITE 318 CITY: CHARLOTTE STATE: NC ZIP: 28211 8-K 1 0001.txt ACE SECURITIES CORP. ================================================================================ 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): March 22, 2001 ACE SECURITIES CORP. (AS DEPOSITOR UNDER THE POOLING AND SERVICING AGREEMENT, DATED AS OF March 1, 2001, PROVIDING FOR THE ISSUANCE OF ASSET BACKED PASS-THROUGH CERTIFICATES, SERIES 2001-NC1) ACE Securities Corp. ---------------------------- (Exact name of registrant as specified in its charter) - -------------------------------------------------------------------------------- Delaware 333-88101 56-2088493 (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification Number) 6525 Morrison Boulevard, Suite 318 Charlotte, North Carolina 28211 - ------------------------- ----- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (704) 365-0569 -------------- ================================================================================ -2- Item 5. Other Events ------------ Description of the Certificates and the Mortgage Pool As of the date hereof, ACE Securities Corp. (the "Registrant") has caused to be filed with the Securities and Exchange Commission (the "Commission") pursuant to the Commission's Rule 424 a Prospectus Supplement to its Prospectus, dated March 19, 2001, in connection with the Registrant's issuance of a series of certificates, entitled ACE Securities Corp. Home Equity Loan Trust, Series 2001-NC1, Asset Backed Pass-Through Certificates (the "Certificates"), to be issued pursuant to a pooling and servicing agreement, dated as of March 1, 2001, among the Registrant as depositor, Litton Loan Servicing LP as servicer, U.S. Bank National Association as trustee and Bankers Trust Company of California as trust administrator. The Certificates designated as the Series 2001-NC1 Certificates will represent in the aggregate the entire beneficial ownership interest in a trust fund (the "Trust Fund") consisting primarily of a segregated pool (the "Mortgage Pool") of conventional, one- to four-family, adjustable-rate first lien mortgage loans having original terms to maturity up to 30 years (the "Mortgage Loans"). Computational Materials Deutsche Banc Alex. Brown Inc. (the "Underwriter") has advised the Registrant that it has furnished to certain prospective purchasers of Certificates certain materials, herein referred to as "Computational Materials," in written form, which Computational Materials are in the nature of data tables and term sheet information relating to the Mortgage Loans or other assets of the Trust Fund, the structure of the Certificates and terms of certain classes of Certificates, and the hypothetical characteristics and hypothetical performance of certain classes of Certificates under certain assumptions and scenarios. The Computational Materials have been provided by the Underwriter. The information in the Computational Materials is preliminary and will be superseded by the Prospectus Supplement relating to the Certificates and by any other information subsequently filed with the Commission. The Computational Materials were prepared by the Underwriter at the request of certain prospective investors. The Computational Materials may be based on information that differs from the information set forth in the Prospectus Supplement. -3- Item 7. Financial Statements and Exhibits --------------------------------- (a) Not applicable (b) Not applicable (c) Exhibits
Exhibit No. Description ----------- ----------- 99.1 Computational Materials (as defined in Item 5) that have been provided by Deutsche Banc Alex. Brown Inc. to certain prospective purchasers of ACE Securities Corp. Home Equity Loan Trust, Series 2001-NC1, Asset Backed Pass-Through Certificates, Series 2001-NC1.
-4- 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 thereunto duly authorized. Dated: March 22, 2001 ACE SECURITIES CORP. By: /s/ Douglas K. Johnson --------------------------- Name: Douglas K. Johnson Title: President By: /s/ Evelyn Echevarria --------------------------- Name: Evelyn Echevarria Title: Vice President
Index to Exhibits Sequentially Exhibit No. Description Numbered Page ----------- ----------- ------------- 99.1 Computational Materials (as defined in Item 5) P that have been provided by Deutsche Banc Alex. Brown Inc. to certain prospective purchasers of ACE Securities Corp. Home Equity Loan Trust, Series 2001-NC1, Asset Backed Pass-Through Certificates.
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