8-K 1 d254327.txt ACE SECURITIES CORP. ================================================================================ THE UNITED STATES 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) July 28, 2004 ACE SECURITIES CORP. (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Delaware 333-110039 56-2088493 (STATE OR OTHER JURISDICTION (COMMISSION (I.R.S. EMPLOYER ---------------------------- ----------- ---------------- OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.) 6525 Morrison Blvd., Suite 318 Charlotte, North Carolina 28211 -------- ----- (ADDRESS OF PRINCIPAL (ZIP CODE) EXECUTIVE OFFICES) Registrant's telephone number, including area code, is (704) 365-0569. ================================================================================ Item 5. Other Events. The consolidated balance sheets XL Capital Assurance Inc. and Subsidiaries as of December 31, 2003 and December 31, 2002 and the related consolidated statements of income, changes in shareholder's equity and cash flows for each of the three years in the period ended December 31, 2003, incorporated in the prospectus supplement dated July 28, 2004 have been incorporated in reliance on the report of Pricewaterhouse Coopers LLP, independent registered public accounting firm, given on the authority of that firm as experts in accounting and auditing. The consolidated balance sheets of XL Financial Assurance Ltd. as of December 31, 2003 and December 31, 2002 and the related consolidated statements of income, changes in shareholder's equity and cash flows for each of the three years in the period ended December 31, 2003, incorporated in the prospectus supplement dated July 28, 2004, have been incorporated in reliance on the report of Pricewaterhouse Coopers LLP, an independent registered public accounting firm, given on the authority of that firm as experts in accounting and auditing. Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (a) FINANCIAL STATEMENTS. Not applicable. (b) PRO FORMA FINANCIAL INFORMATION. Not applicable. (c) EXHIBITS ITEM 601(a) OF REGULATION S-K EXHIBIT NO. EXHIBIT NO. DESCRIPTION ----------- ----------- ----------- 1 99.1 Consent of Pricewaterhouse Coopers LLP, an independent registered public accounting firm, independent auditors of XL Capital Assurance Inc. with respect to the Home Equity Loan Trust, Series 2004-RM1, Asset Backed Pass-Through Certificates. 2 99.2 Consent of Pricewaterhouse Coopers LLP, an independent registered public accounting firm, independent auditors of XL Financial Assurance Ltd. with respect to the Home Equity Loan Trust, Series 2004-RM1, Asset Backed Pass-Through Certificates. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf of the Registrant by the undersigned thereunto duly authorized. ACE SECURITIES CORP By: /s/ Douglas K. Johnson --------------------------------------- Name: Douglas K. Johnson Title: President By: /s/ Evelyn Echevarria --------------------------------------- Name: Evelyn Echevarria Title: Vice President Dated: July 30, 2004 EXHIBIT INDEX Item 601(a) of Sequentially Regulation S-K Numbered Exhibit Number Exhibit No. Description Page -------------- ----------- ----------- ---- 1 99.1 Independent Auditors' 6 Consent 2 99.2 Independent Auditors' 7 Consent