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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) September 10, 2004
Financial Asset Securities Corp.
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(Exact name of registrant as specified in its charter)
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Delaware 333-111379 06-1442101
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(State or Other Jurisdiction (Commission File (I.R.S. Employer
of Incorporation) Number) Identification Number)
600 Steamboat Road
Greenwich, Connecticut 06830
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (203) 625-2700
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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))
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Item 8.01. Other Events.
Description of the Mortgage Pool
Financial Asset Securities Corp. (the "Registrant") plans a series of
certificates, entitled First Franklin Mortgage Loan Trust 2004-FFH3,
Asset-Backed Certificates, Series 2004-FFH3 (the "Certificates"), to be issued
pursuant to a pooling and servicing agreement, dated as of September 1, 2004,
among the Registrant as depositor, Saxon Mortgage Services, Inc. as servicer and
Wells Fargo Bank, N.A. as trustee. The Certificates to be designated as the
First Franklin Mortgage Loan Trust 2004-FFH3 Asset-Backed Certificates, Series
2004-FFH3 Certificates will represent in the aggregate the entire beneficial
ownership interest in a trust fund (the "Trust Fund") consisting primarily of a
pool (the "Mortgage Pool") of conventional, one- to four-family, first lien
adjustable-rate and fixed-rate mortgage loans having original terms to maturity
up to 30 years (the "Mortgage Loans").
Collateral Term Sheets
Greenwich Capital Markets, Inc. (the "Underwriter") has advised the
Registrant that it has furnished to certain prospective purchasers of
Certificates certain materials, herein referred to as "Collateral Term Sheets",
in written form, which Collateral Term Sheets are in the nature of data tables
and term sheet information relating to the Mortgage Loans or other assets of the
Trust Fund.
The Collateral Term Sheets have been provided by the Underwriter. The
information in the Collateral Term Sheets is preliminary and will be superseded
by a prospectus supplement relating to the Certificates and by any other
information subsequently filed with the Commission.
The Collateral Term Sheets were prepared by the Underwriter at the
request of certain prospective investors. The Collateral Term Sheets may be
based on information that differs from the information set forth in the
prospectus supplement.
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Item 9.01. Financial Statements and Exhibits
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(a) Financial Statements.
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Not applicable.
(b) PRO FORMA Financial Information.
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Not applicable.
(c) Exhibits
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ITEM 601(a) OF
REGULATION S-K
EXHIBIT NO. EXHIBIT NO. DESCRIPTION
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1 99 Collateral Term Sheets (as defined in
Item 8.01) that have been provided by
Greenwich Capital Markets, Inc. to
certain prospective purchasers of
First Franklin Mortgage Loan Trust
2004-FFH3, Asset-Backed Certificates,
Series 2004-FFH3 (filed in paper
pursuant to the automatic SEC
exemption pursuant to Release 33-7427,
August 7, 1997)
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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: September 16, 2004
FINANCIAL ASSET SECURITIES CORP.
By: /s/ Frank Skibo
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Name: Frank Skibo
Title: Senior Vice President
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Index to Exhibits
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Item 601(a) of
Regulation S-K Sequentially
Exhibit Number Exhibit No. Description Numbered Page
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1 99 Collateral Filed Manually
Term Sheets
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