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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 AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported)
July 21, 1999
ACE Securities Corp.
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(Exact Name of Registrant as Specified in its
Charter)
Delaware 333-56213 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, North Carolina 28211
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code:(704) 365-0569
No Change
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events.
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Filed concurrently herewith under Form SE are certain
materials (the "Collateral Term Sheets") furnished to the Registrant
by Deutsche Bank Securities Inc. (the "Underwriter") in respect of
ACE Securities Corp. Home Equity Loan Trust 1999-LB2 Home Equity Loan
Pass-Through Certificates (the "Certificates"). If the Certificates
are publicly offered, they will be offered pursuant to a prospectus,
as supplemented by a related prospectus supplement (together, the
"Prospectus"), which will be filed with the Commission pursuant to
Rule 424(b) under the Securities Act of 1933, as amended (the "Act"),
subsequent to the filing of this Current Report. The Certificates, if
issued and publicly offered, would be registered pursuant to the Act
under the Registrant's Registration Statement on Form S-3 (No.
333-56213) (the "Registration Statement"). The Registrant hereby
incorporates the Collateral Term Sheets by reference in the
Registration Statement solely with respect to the Certificates,
subject to the issuance and public offering of the Certificates.
The Collateral Term Sheets were prepared solely by the
Underwriter, and the Registrant did not prepare or participate (other
than providing the background information concerning the underlying
pool of assets upon which the Collateral Term Sheets are based to the
Underwriter) in the preparation of the Collateral Term Sheets.
Any statement or information contained in the Collateral
Term Sheets shall be deemed to be modified or superseded for purposes
of the Prospectus and the Registration Statement by statements or
information contained in any subsequently filed Collateral Term
Sheets with respect to the Certificates, and the statements and
information contained in all such Collateral Term Sheets shall be
deemed to be modified or superseded for purposes of the Prospectus
and the Registration Statement by the Prospectus.
Item 7. Financial Statements; Pro Forma Financial Information and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.2 Collateral Term Sheets
filed on Form SE dated July 21, 1999.
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/ Elizabeth Eldridge
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Name: Elizabeth Eldridge
Title: Vice President
Dated: July 23, 1999
EXHIBIT INDEX
Exhibit No. Description Page No.
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99.2 Collateral Term Sheets P