================================================================================
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) January 21, 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.
================================================================================
-2-
Item 5. OTHER EVENTS.
Description of the Mortgage Pool
On or about January 29, 2004, the Registrant will cause the
issuance and sale of approximately $971,178,000 initial principal
amount of ACE Securities Corp. Home Equity Loan Trust, Series 2004-FM1
Asset Backed Pass-Through Certificates (the "Certificates") pursuant to
a Pooling and Servicing Agreement to be dated as of January 1, 2004,
between the Registrant as depositor, Wells Fargo Bank Minnesota,
National Association as master servicer and securities administrator,
The Provident Bank as servicer and HSBC Bank USA, as trustee.
Collateral Term Sheets
Deutsche Bank Securities Inc. (the "Underwriter") has advised
the Registrant that it has furnished to certain prospective purchasers
of Certificates certain materials ("Collateral Term Sheets") in written
form, which are in the nature of data tables.
The Collateral Term Sheets have been provided by the
Underwriter. The information in the Collateral Term Sheets is
preliminary and may be superseded by the Prospectus Supplement relating
to the Certificates and by any other information subsequently filed
with the Securities and Exchange Commission.
The Collateral Term Sheets were prepared by the Underwriter at
the request of certain prospective investors, based on assumptions
provided by, and satisfying the special requirements of, such
prospective investors. The Collateral Term Sheets may be based on
assumptions that differ from the assumptions set forth in the
Prospectus Supplement.
-3-
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 Collateral Term Sheets (as defined in Item 5)
that have been provided by the Underwriter to
certain prospective purchasers of ACE
Securities Corp. Home Equity Loan Trust,
Series 2004-FM1. The Collateral Term Sheets
have been filed on paper pursuant to a
continuing hardship exemption from certain
electronic requirements.
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 21, 2004
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
Regulation S-K Numbered
Exhibit Number Exhibit No. Description Page
- -------------- ----------- ----------- ----
1 99.1 Collateral Term Sheets. The Preliminary 6
Structural and Collateral Term Sheet has been
filed on paper pursuant to a continuing
hardship exemption from certain electronic
requirements.