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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): June 5, 2001
ACE SECURITIES CORP.
(as depositor under the Pooling and Servicing Agreement,
dated on or about May 1, 2001, providing for the issuance of the
ACE Securities Corp. C-BASS Mortgage Loan Asset-Backed
Certificates, Series 2001-CB2)
ACE SECURITIES CORP.
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(Exact name of registrant as specified in its charter)
Delaware 333-45458 56-2088493
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
6525 Morrison Boulevard
Suite 318
Charlotte, NC 28211
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (704) 365-0569
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Item 5. Other Events.
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Filing of Marketing Materials
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Pursuant to Rule 424(b) under the Securities Act of 1933,
concurrently with, or subsequent to, the filing of this Current Report on Form
8-K (the "Form 8-K"), ACE Securities Corp. (the "Company") is filing a
prospectus and prospectus supplement with the Securities and Exchange
Commission relating to its ACE Securities Corp. C-Bass Mortgage Loan
Asset-Backed Certificates.
In connection with the offering of C-Bass Mortgage Loan Asset-Backed
Certificates, First Union Securities, Inc. ("First Union"), as underwriter of
the Certificates, has prepared certain materials for distribution to their
potential investors including "Structural Term Sheets," "Collateral Term
Sheets" and "Computational Materials" within the meanings of the May 20, 1994
Kidder, Peabody No-Action Letter and the February 17, 1995 Public Securities
Association No-Action Letter (collectively the "Marketing Materials").
Although the Company provided First Union with certain information regarding
the characteristics of the Mortgage Loans in the related portfolio, the
Company did not participate in the preparation of the Marketing Materials.
The Marketing Materials are filed on Form SE dated June 7, 2001 and
supercede any prior Marketing Materials which may have been previously filed
with the Securities and Exchange Commission.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Marketing Materials filed on Form SE dated June 7, 2001.
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 hereunto duly authorized.
ACE SECURITIES CORP.
By: /s/ Evelyn Echezerria
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Name: Evelyn Echezerria
Title: Vice President
Dated: June 7, 2001
Exhibit Index
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Exhibit
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99.1 Marketing Materials filed on Form SE dated June 7, 2001.