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 - August 27, 2002
(Date of Earliest Event Reported)
EQUITY ONE ABS, INC.
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(as depositor under a certain Pooling and Servicing Agreement dated as of
July 31, 2002, providing for the issuance of
Mortgage Pass-Through Certificates, Series 2002-4)
(Exact Name of Registrant as specified in its charter)
Delaware 333-81506-03 52-2029487
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(State of Incorporation) (Commission File No.) (IRS Employer I.D. No.)
103 Springer Building, 3411 Silverside Road, Wilmington, Delaware 19803
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(Address of principal executive offices)
Registrant's telephone number, including area code: (302) 478-6160
Item 5. Other Events.
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In connection with the issuance of its Mortgage Pass-Through Certificates,
Series 2002-4, on August 27, 2002, Equity One ABS, Inc. entered into a Pooling
and Servicing Agreement dated as of July 31, 2002 (the "Pooling and Servicing
Agreement"), by and among Equity One ABS, Inc., a Delaware corporation, as
depositor, Equity One, Inc., a Delaware corporation, as a seller and as
servicer, Equity One, Incorporated, a Pennsylvania corporation, as seller,
Equity One, Inc., a Minnesota corporation, as seller, Equity One Consumer Loan
Company, Inc., a New Hampshire corporation, as seller, Popular Financial
Services, LLC, a Delaware limited liability company, as seller, and JPMorgan
Chase Bank, a New York banking corporation, as trustee. The Pooling and
Servicing Agreement is annexed hereto as Exhibit 99.1.
In connection with the issuance of its Mortgage Pass-Through Certificates,
Series 2002-4, Equity One ABS, Inc. is filing herewith a Financial Guaranty
Insurance Policy with a corresponding Financial Guaranty Insurance Policy
Endorsement, each dated as of August 27, 2002. The Financial Guaranty Insurance
Policy and corresponding Financial Guaranty Insurance Policy Endorsement are
annexed hereto as Exhibit 99.2.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 Pooling and Servicing Agreement dated as of July 31, 2002
99.2 Financial Security Assurance Inc. Financial Guaranty Insurance
Policy and Financial Guaranty Insurance Policy Endorsement, each
dated as of August 27, 2002
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* Capitalized terms used and not otherwise defined herein shall have the
meanings assigned to them in the prospectus dated August 22, 2002 and prospectus
supplement dated August 22, 2002, of Equity One ABS, Inc., relating to its
Mortgage Pass-Through Certificates, Series 2002-4.
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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
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James H. Jenkins
Senior Vice President and CFO
Dated: August 27, 2002
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Exhibit Index
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Exhibit
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99.1 Pooling and Servicing Agreement dated as of July 31, 2002
99.2 Financial Security Assurance Inc. Financial Guaranty Insurance Policy and
Financial Guaranty Insurance Policy Endorsement, each dated as of August
27, 2002
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