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): AUGUST 15, 2003
Bear Stearns Asset Backed Securities, Inc.
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(Exact name of registrant specified in Charter)
Delaware 333-91334 13-3836437
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(State or other (Commission (IRS Employer )
of jurisdiction File Number) Identification No.
incorporation)
383 Madison Avenue
New York, NY 10179
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(Address of principal Zip Code
executive offices)
REGISTRANT'S TELEPHONE, INCLUDING AREA CODE: (212) 272-2000
Not Applicable
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(Former name and former address, if changed since last report)
ITEM 5. OTHER EVENTS
Bear Stearns Asset Backed Securities, Inc., as depositor (the "Depositor")
registered issuance of Asset Backed Certificates and/or Asset-Backed Notes 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 Irwin Whole Loan
Home Home Equity Trust 2003-C (the "Issuer") to issue $190,057,000 principal
amount of Home Equity Loan-Backed Notes, Series 2003-C (the "Notes"), on August
15, 2003.
The Notes were issued pursuant to an Indenture, dated as of August 1, 2003,
between the Issuer and Wells Fargo Bank Minnesota, National Association (the
"Indenture Trustee"), in conjunction with (i) a Sale and Servicing Agreement,
dated as of August 1, 2003, among the Depositor, Irwin Union Bank and Trust
Company (the "Master Servicer" and "Originator"), the Issuer and the Indenture
Trustee; (ii) a Trust Agreement, dated as of August 1, 2003, between the
Depositor and the Wilmington Trust Company (the "Owner Trustee"); and (iii) a
Mortgage Loan Purchase and Servicing Agreement, dated as of June 13, 2003,
between the Depositor and the Master Servicer.
Capitalized terms not defined herein have the meanings assigned in Appendix
A of the Indenture attached hereto as Exhibit 4.1
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
4.1 Indenture
4.2 Sale and Servicing Agreement
4.3 Trust Agreement
4.4 Mortgage Loan Purchase and Servicing Agreement
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.
Date: September 2, 2003
By: /S/ JONATHAN LIEBERMAN
Name: Jonathan Lieberman
Title: Senior Managing Director
INDEX TO EXHIBITS
EXHIBIT NO. DESCRIPTION
4.1 Indenture
4.2 Sale and Servicing Agreement
4.3 Trust Agreement
4.4 Mortgage Loan Purchase and Servicing
Agreement