Bear Stearns Asset Backed Securities Trust 2003-SD1 Inactive
Filed: 16 Sep 03, 12:00am
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
August 29, 2003
| Delaware (State or other jurisdiction of incorporation) | 333-91334 (Commission file number) | 13-3836437 (I.R.S. employer identification no.) |
| 383 Madison Avenue New York, New York (Address of principal executive offices) | 10179 (ZIP Code) |
(212) 272-2000
Registrant's telephone number, including area code
N/A
(Former name or former address, if changed since last report)
Item 5. Other Events.
Bear Stearns Asset Backed Securities, Inc., as depositor (the "Depositor") registered issuances of Asset-Backed Certificates on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, as amended (the "Act"), by a Registration Statement on Form S-3 (Registration File No. 333-91334) (as amended, the "Registration Statement"). Pursuant to the Registration Statement, the Depositor caused Bear Stearns Asset Backed Securities, Inc., Asset-Backed Certificates, Series 2003-SD1 to issue $207,337,100 principal amount of Asset-Backed Certificates, Series 2003-SD1 (the " Certificates"), on August 29, 2003 (the "Closing Date").
The Certificates were issued pursuant to a pooling and servicing agreement (the "Pooling and Servicing Agreement"), dated as of August 1, 2003 (the "Cut-Off Date"), among the Depositor, EMC Mortgage Corporation, as Seller and Servicer, Wells Fargo Bank Minnesota, National Association, as Securities Administrator and Master Servicer and JPMorgan Chase Bank, as Trustee.
Capitalized terms not defined herein have the meanings assigned in the Pooling and Servicing Agreement attached hereto as Exhibit 4.1.
Item 7. Financial statements,Pro Forma Financial Information and Exhibits.
| (c) | Exhibits Exhibit No. |
| 1.1 | Underwriting Agreement |
| 4.1 | Pooling and Servicing Agreement |
| 99.1 | Yield Maintenance Agreement |
| 99.2 | Yield Maintenance Agreement |
| 99.3 | Yield Maintenance Agreement |
| 99.4 | Yield Maintenance Agreement |
| 99.5 | Assignment and Assumption Agreement |
| 99.6 | Assignment, Assumption and Recognition Agreement* |
* To be filed by amendment.
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.
| BEAR STEARNS ASSET BACKED SECURITIES, INC. By: /s/ Joseph T. Jurkowski, Jr. Name: Joseph T. Jurkowski, Jr. Title: Vice President |
Dated: September 16, 2003
EXHIBIT INDEX
| Exhibit Number | Description |
| 1.1 | Underwriting Agreement between the Depositor and Bear, Stearns & Co. Inc., as underwriter (the "Underwriter") dated as of August 26, 2003. |
| 4.1 | Pooling and Servicing Agreement, among the Depositor, EMC Mortgage Corporation, as Seller and Servicer, Wells Fargo Bank Minnesota, National Association, as Securities Administrator and Master Servicer, and JPMorgan Chase Bank, as Trustee, dated as of August 1, 2003. |
| 99.1 | Yield Maintenance Agreement between Bear Stearns Financial Products, Inc. ("BSFP") and the Trustee, dated as of August 29, 2003. |
| 99.2 | Yield Maintenance Agreement between Bear Stearns Financial Products, Inc. ("BSFP") and the Trustee, dated as of August 29, 2003. |
| 99.3 | Yield Maintenance Agreement between Bear Stearns Financial Products, Inc. ("BSFP") and the Trustee, dated as of August 29, 2003. |
| 99.4 | Yield Maintenance Agreement between Bear Stearns Financial Products, Inc. ("BSFP") and the Trustee, dated as of August 29, 2003. |
| 99.5 | Assignment and Assumption Agreement among EMC Mortgage Corporation, the Trustee and Wells Fargo Home Mortgage, Inc., dated as of August 29, 2003. |
| 99.6 | Assignment, Assumption and Recognition Agreement among EMC Mortgage Corporation, the Trustee, Washington Mutual Bank, FA, Washington Mutual Bank and Washington Mutual Bank fsb* |
* To be filed by amendment.