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 - May 28, 2002
------------------------------
(Date of Earliest Event Reported)
EQUITY ONE ABS, INC.
-------------------------------------------------------------------------
(as depositor under a certain Pooling and Servicing Agreement dated as of
April 30, 2002, providing for the issuance of
Mortgage Pass-Through Certificates, Series 2002-3)
(Exact Name of Registrant as specified in its charter)
Delaware 333-81506-02 52-2029487
- ------------------------ --------------------- -----------------------
(State of Incorporation) (Commission File No.) (IRS Employer I.D. No.)
103 Springer Building, 3411 Silverside Road, Wilmington, Delaware 19803
-----------------------------------------------------------------------
(Address of principal executive offices)
Registrant's telephone number, including area code: (302) 478-6160
Item 5. Other Events
- ---------------------
Filing of Computational Materials
- ---------------------------------
Pursuant to Rule 424(b) under the Securities Act of 1933, subsequent to the
filing of this Current Report on Form 8-K (the "Form 8-K"), Equity One ABS, Inc.
(the "Company") is filing a prospectus and prospectus supplement with the
Securities and Exchange Commission relating to its Mortgage Pass-Through
Certificates, Series 2002-3.
In connection with the offering of the Mortgage Pass-Through Certificates,
Series 2002-3, First Union Securities, Inc. ("First Union"), as underwriter of
the publicly offered certificates, has prepared certain materials (the "First
Union Computational Materials") for distribution to its potential investors.
Although the Company provided First Union with certain information regarding the
characteristics of the Loans in the related portfolio, the Company did not
participate in the preparation of the First Union Computational Materials.
For purposes of this Form 8-K, "Computational Materials" shall mean
computer generated tables and/or charts displaying, with respect to any Class or
Classes of Certificates, any of the following: yield; average life; duration;
expected maturity; interest rate sensitivity; loss sensitivity; cash flow
characteristics; background information regarding the Loans; the proposed
structure; decrement tables; or similar information (tabular or otherwise) of a
statistical, mathematical, tabular or computational nature.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
- ---------------------------------------------------------------------------
(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 First Union Computational Materials.
99.2 First Union Computational Materials.
99.3 First Union Computational Materials.
99.4 First Union Computational Materials.
99.5 First Union Computational Materials.
99.6 First Union Computational Materials.
99.7 First Union Computational Materials.
-2-
99.8 First Union Computational Materials.
99.9 First Union Computational Materials.
99.10 First Union Computational Materials.
99.11 First Union Computational Materials.
- ----------
* Capitalized terms used and not otherwise defined herein shall have the
meanings assigned to them in the prospectus and the prospectus supplement of
Equity One ABS, Inc., relating to its Mortgage Pass-Through Certificates, Series
2002-3.
-3-
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
EQUITY ONE ABS, INC.
By: /s/ James H. Jenkins
--------------------------------------------
James H. Jenkins,
Senior Vice President and CFO
Dated: July 18, 2002
-4-