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) September 29, 2006
Financial Asset Securities Corp.
(Exact name of registrant as specified in its charter)
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Delaware | 333-130961 | 06-1442101 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
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600 Steamboat Road Greenwich, Connecticut | | 06830 |
(Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (203) 625-2700
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
SECTION 1- Registrant’s Business and Operations
Item 1.01 - Entry into a Material Definitive Agreement.
On January 10, 2007, Financial Asset Securities Corp. (the “Depositor”) entered into Amendment No. 1 (the “Amendment”) to the Pooling and Servicing Agreement, dated as of September 1, 2006 (the “Pooling and Servicing Agreement”), by and among Financial Asset Securities Corp. as depositor (the “Depositor”), Wells Fargo Bank, N.A., as servicer effective January 1, 2007 and February 1, 2007 (the “Servicer”) and Deutsche Bank National Trust Company as trustee (the “Trustee”), relating to the Fremont Home Loan Trust 2006-3, Asset-Backed Certificates, Series 2006-3. The full text of the Amendment is attached as Exhibit 4.2 to this Current Report on Form 8-K. Any terms used but not defined herein shall have the meanings set forth in the Pooling and Servicing Agreement.
SECTION 9- Financial Statements and Exhibit
Item 9.01 | Financial Statements and Exhibits |
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| (a) | Not applicable |
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| (b) | Not applicable |
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| (c) | Exhibits |
Exhibit No. | Description |
4.2 | Amendment No. 1 to the Pooling and Servicing Agreement, dated as of September 1, 2006, by and among Financial Asset Securities Corp. as depositor (the “Depositor”), Wells Fargo Bank, N.A., as servicer effective January 1, 2007 and February 1, 2007 (the “Servicer”) and Deutsche Bank National Trust Company as trustee (the “Trustee”), relating to the Series 2006-3 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: January 24, 2007
| FINANCIAL ASSET SECURITIES CORP. |
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By: | /s/ Ara Balabanian |
Name: | Ara Balabanian |
Title: | Vice President |
Index to Exhibits
Exhibit No. | Description | Sequentially Numbered Page |
4.2 | Amendment No. 1 to the Pooling and Servicing Agreement, dated as of September 1, 2006, by and among Financial Asset Securities Corp. as depositor (the “Depositor”), Wells Fargo Bank, N.A., as servicer effective January 1, 2007 and February 1, 2007 (the “Servicer”) and Deutsche Bank National Trust Company as trustee (the “Trustee”), relating to the Series 2006-3 Certificates. | 6 |