UNITED STATES 
                      SECURITIES AND EXCHANGE COMMISSION 
                            Washington, D.C., 20549 
 
 
                                   FORM 15 
 
 
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) 
OF 
THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS 
UNDER 
SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. 
 
Commission File Number 333-29381-01 
 
                       FINANCIAL ASSET SECURITIES CORP 
           (exact name of registrant as specified in its charter) 
 
              600 STEAMBOAT ROAD  GREENWICH, CONNECTICUT 06830	 
     (Address, including zip code and telephone number, including area code, 
                 of registrant's principal executive offices) 
 
                CITYSCAPE HOME EQUITY LOAN TRUST, SERIES 1997-C 
                     HOME EQUITY PASS-THROUGH CERTIFICATES 
          (Title of each class of securities covered by this Form) 
 
                                    NONE	 
(Titles of all other classes of securities for which a duty to file reports 
                     under section 13(a) or 15(d) remains) 
 
Please place an X in the box(es) to designate, the appropriate rule 
provision(s) relied upon to terminate or suspend the duty to file reports: 
 
          Rule 12g-4(a)(1)(i)    ___       Rule 12h-3(b)(1)(i)          ___ 
          Rule 12g-4(a)(1)(ii)   ___       Rule 12h-3(b)(1)(ii)         ___ 
          Rule 12g-4(a)(2)(i)    ___       Rule 12h-3(b)(2)(i)          ___ 
          Rule 12g-4(a)(2)(ii)   ___       Rule 12h-3(b)(2)(ii)         ___ 
                                           Rule 15d-6                   _X_ 
 
Approximate number of holders of record 
as of the certification or notice date: 21
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the 
registrant has caused this certification/notice to be signed on its behalf by
the undersigned duly authorized person. 
 
Date: 1/30/98  By: Lynn Steiner 
                      Vice President 
                      U.S. Bank National Association fka
                      First Bank National Association as Trustee for  
                      CITYSCAPE HOME EQUITY LOAN TRUST SERIES 1997-C.