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                       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) October 30, 2002

                   BEAR STEARNS ASSET BACKED SECURITIES, INC.
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             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)



          Delaware                   333-56242                 13-3836437
          --------                   ---------                 ----------
(STATE OR OTHER JURISDICTION        (COMMISSION             (I.R.S. EMPLOYER
      OF INCORPORATION)             FILE NUMBER)           IDENTIFICATION NO.)

383 Madison Avenue
New York, New York                                               10179
- ------------------                                               -----
   (ADDRESS OF PRINCIPAL                                       (ZIP CODE)
   EXECUTIVE OFFICES)


Registrants telephone number, including area code, is (212) 272-2000








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Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.
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         (a)      Not applicable

         (b)      Not applicable

         (c)      Exhibits:

         1.       Pooling and Servicing Agreement, dated as of October 1, 2002,
among Bear Stearns Asset Backed Securities, Inc., a Delaware corporation, as
depositor, EMC Mortgage Corporation, a Delaware corporation, as seller and as
company, Wells Fargo Bank Minnesota, National Association, a national banking
association, as master servicer and as securities administrator and Bank One,
National Association, as trustee.








         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.

                                    BEAR STEARNS ASSET BACKED SECURITIES,
                                    INC.

                                    By:      /s/ Joseph Jurkowski
                                             ----------------------------
                                    Name:    Joseph Jurkowski
                                    Title:   Managing Director

Dated: November 14, 2002






                                  EXHIBIT INDEX





                              Item 601 (a) of               Sequentially
Exhibit                       Regulation S-K                Numbered
Number                        Exhibit No.                   Description                         Page
- ------                        -----------                   -----------                         ----
                                                                                       
1                             4                             Pooling and Servicing               5
                                                            Agreement