-----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, RQDIGYRQ7WFaBdYg/YcxJHgzRoth5KLoRFluTYB8d2NkoqqHs6DneCCNcRhMUOZB B703zMjUDu7zt1a75RkQYQ== 0000930413-03-002503.txt : 20030820 0000930413-03-002503.hdr.sgml : 20030820 20030820112954 ACCESSION NUMBER: 0000930413-03-002503 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030818 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030820 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: 1934 Act SEC FILE NUMBER: 333-56213 FILM NUMBER: 03857343 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 c29100_8k.txt ================================================================================ 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) August 18, 2003 ACE SECURITIES CORP. - -------------------------------------------------------------------------------- (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Delaware 333-45458 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 92618 - ------------------------- ------------------- (ADDRESS OF PRINCIPAL (ZIP CODE) EXECUTIVE OFFICES) Registrants telephone number, including area code, is (704) 365-0569. ================================================================================ Item 5. OTHER EVENTS. The consolidated balance sheets of MBIA Inc. and subsidiaries and MBIA Insurance Corporation and subsidiaries as of December 31, 2002 and December 31, 2001 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, 2002, are hereby incorporated by reference in (i) this Current Report on Form 8-K; (ii) the registration statement (No. 333-81236) of the Registrant; and (iii) the Prospectus Supplement relating to ACE Securities Corp., Home Equity Loan Trust, Series 2003-HS1, Asset Backed Pass-Through Certificates, and shall be deemed to be part hereof and thereof. Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (a) Not applicable (b) Not applicable (c) Exhibits: ITEM 601(a) OF REGULATION S-K EXHIBIT NO. EXHIBIT NO. DESCRIPTION - ----------- -------------- ----------- 1 23 Consent of PricewaterhouseCoopers LLP, independent auditors of MBIA Insurance Corporation with respect to the ACE Securities Corp., Home Equity Loan Trust, Series 2003-HS1, Asset Backed Pass-Through Certificates. 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: August 18, 2003 ACE SECURITIES CORP. By: /s/ DOUGLAS K. JOHNSON -------------------------------- Name: Douglas K. Johnson Title: President By: /s/ EVELYN ECHEVARRIA -------------------------------- Name: Evelyn Echevarria Title: Vice President EXHIBIT INDEX Item 601 (a) of Sequentially Exhibit Regulation S-k Numbered Number Exhibit No. Description Page - ------- --------------- ----------- ---- 1 23 Independent Auditors' Consent 5 EX-23 3 c29100_ex23.txt EXHIBIT 1 INDEPENDENT AUDITORS' CONSENT We hereby consent to the incorporation by reference in the Prospectus Supplement of Home Equity Loan Trust, relating to Asset-Backed Pass-Through Certificates, Series 2003-HS1 comprising part of the Registration Statement (No. 333-81236) of ACE Securities Corp., of our reports, dated January 31, 2003, each of which is included or incorporated by reference in MBIA Inc.'s Annual Report on Form 10-K for the year ended December 31, 2002, relating to our audits of: the consolidated financial statements of MBIA Inc. and Subsidiaries as of December 31, 2002 and 2001 and for each of the three years in the period ended December 31, 2002 consolidated financial statement schedules of MBIA Inc. and Subsidiaries as of December 31, 2002 and 2001 and for each of the three years in the period ended December 31, 2002; and, the consolidated financial statements of MBIA Insurance Corporation and Subsidiaries as of December 31, 2002 and 2001 and for each of the three years in the period ended December 31, 2002. We also consent to the reference to our firm under the caption "Experts" in the Prospectus Supplement. /s/ PRICEWATERHOUSECOOPERS LLP - ------------------------------ PricewaterhouseCoopers LLP New York, New York August 18, 2003 -----END PRIVACY-ENHANCED MESSAGE-----