SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): December 10, 2003
-------------------------
ASSET BACKED FUNDING CORPORATION
- --------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
Delaware 333-90830 75-2533468
- --------------------------------------------------------------------------------
(State or Other Jurisdiction of (Commission (I.R.S. Employer
Incorporation) File Number) Identification No.)
214 North Tryon Street, Charlotte, North Carolina 28255
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (704) 386-2400
----------------------------
- --------------------------------------------------------------------------------
(Former Name or Former Address, if Change Since Last Report:)
Item 5. Other Events
On or about November 25, 2003, the Registrant caused the issuance and
sale of its Asset Backed Certificates, Series 2003-WMC1, consisting of Class
A-1, Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5
and Class M-6 Certificates (collectively, the "Offered Certificates") pursuant
to a Pooling and Servicing Agreement, dated as of November 1, 2003, among the
Registrant, as depositor, HomEq Servicing Corporation, as servicer, and JPMorgan
Chase Bank, as trustee.
Capitalized terms used but not defined herein have the meaning assigned
in the Pooling and Servicing Agreement.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Item 601(a)
of Regulation S-K
Exhibit No. Description
- ----------- -----------
1.1 Underwriting Agreement, dated as of
November 21, 2003 by and among Asset
Backed Funding Corporation, Banc of
America Securities LLC, Bear, Stearns &
Co. Inc. and Countrywide Securities
Corporation.
4.1 Pooling and Servicing Agreement, dated as
of November 1, 2003, by and among Asset
Backed Funding Corporation, HomEq
Servicing Corporation and JPMorgan Chase
Bank. (including exhibits)
Signature page to follow
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.
ASSET BACKED FUNDING
CORPORATION
By: /s/ Juanita Deane-Warner
--------------------------------
Name: Juanita Deane-Warner
Title: Vice President
Date: December 10, 2003
ASSET BACKED FUNDING CORPORATION
EXHIBIT INDEX
Exhibit No. Exhibit Description Paper (P) or Electronic (E)
- ----------- ------------------- ---------------------------
1.1 Underwriting Agreement, dated as E
of November 21, 2003 by and
among Asset Backed Funding
Corporation, Banc of America
Securities LLC, Bear, Stearns &
Co. Inc. and Countrywide
Securities Corporation.
4.1 Pooling and Servicing Agreement, E
dated as of November 1, 2003, by
and among Asset Backed Funding
Corporation, HomEq Servicing
Corporation and JPMorgan Chase
Bank. (including exhibits)