Financial Asset Securitization Inc – ‘8-K’ for 4/1/98

As of:  Friday, 4/24/98   ·   For:  4/1/98   ·   Accession #:  916641-98-487   ·   File #:  0-15483

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Fasi 8-K                                               6     16K 
 2: EX-4        Exhibit 4.1                                            7     18K 
 3: EX-4        Exhibit 4.2                                            8     20K 
 4: EX-4        Exhibit 4.3                                            7     17K 

8-K   —   Fasi 8-K
Document Table of Contents

8-K
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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 Exchange Act of 1934

Date of Report (Date of earliest event reported) March 1, 1998

Financial Asset Securitization, Inc.
(Exact name of registrant as specified in charter)

Virginia                  0-15483                  52-1526174           
(State or other jurisdiction  (Commission           (IRS Employer             
of incorporation)            File Number)       Identification No.)         

901 East Byrd Street, Richmond, Virginia                 23219              
------------------------------------------------------------------------    
(Address of principal executive offices) (Zip Code)             

Registrant's telephone number, including area code (804) 643-2311               

-------------------------------------------------------------------------       
(Former name or former address, if changed since last report.)            

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Item 1.  Changes in Control of Registrant.                                      
Not Applicable.                             

Item 2.  Acquisition or Disposition of Assets.                                  
Not Applicable.                             

Item 3.  Bankruptcy or Receivership.                                            
Not Applicable.                             

Item 4.  Changes in Registrant's Certifying Accountant.                         
Not Applicable.                             

Item 5.  Other Events.                                                          

         The  Registrant  has entered  into the  following  Amendments  to Trust
Agreements:                                                                     

                  An Amendment to Trust Agreement (the "Amendment")  dated as of
March  1,  1998,  among  the  Registrant,   Norwest  Bank  Minnesota,   National
Association,  as Master Servicer and The Bank of New York, as Trustee,  amending
the Pooling Trust  Agreement and the Issuing Trust  Agreement,  each dated as of
October 1, 1991, relating to the Registrant's Mortgage Participation Securities,
Series 1991-17. A copy of the Amendment is included as Exhibit 4.1 hereto.      

                  An Amendment to Trust Agreement (the "Amendment")  dated as of
March  1,  1998,  among  the  Registrant,   Norwest  Bank  Minnesota,   National
Association,  as Master Servicer and The Bank of New York, as Trustee,  amending
the Pooling Trust  Agreement and the Issuing Trust  Agreement,  each dated as of
November  1,  1991,   relating  to  the  Registrant's   Mortgage   Participation
Securities,  Series 1991-19.  A copy of the Amendment is included as Exhibit 4.2
hereto.                                                                         

                  An Amendment to Trust Agreement (the "Amendment")  dated as of
March  1,  1998,  among  the  Registrant,   Norwest  Bank  Minnesota,   National
Association,  as Master Servicer and The Bank of New York, as Trustee,  amending
the Pooling Trust  Agreement and the Issuing Trust  Agreement,  each dated as of
February  1,  1992,   relating  to  the  Registrant's   Mortgage   Participation
Securities,  Series  1992-4.  A copy of the Amendment is included as Exhibit 4.3
hereto.                                                                         

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Item 6.  Resignations of Registrant's Directors.                                
Not Applicable.                             

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.    
Not Applicable.                             

Item 8.  Change in Fiscal Year.                                                 
Not Applicable.                             

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Exhibits                                                                        

         4.1      Copy of the  Amendment  to Trust  Agreement  for  RMSC  Series
                  1991-17,  dated  as  of  March  1,  1998,  by  and  among  the
                  Registrant,  Norwest Bank Minnesota,  National Association, as
          Master Servicer, and The Bank of New York, as Trustee.

         4.2      Copy of the  Amendment  to Trust  Agreement  for  RMSC  Series
                  1991-19,  dated  as  of  March  1,  1998,  by  and  among  the
                  Registrant,  Norwest Bank Minnesota,  National Association, as
          Master Servicer, and The Bank of New York, as Trustee.

         4.3      Copy of the  Amendment  to Trust  Agreement  for  RMSC  Series
                  1992-4,   dated  as  of  March  1,  1998,  by  and  among  the
                  Registrant,  Norwest Bank Minnesota,  National Association, as
          Master Servicer, and The Bank of New York, as Trustee.

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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.                                           

March 1, 1998                     FINANCIAL ASSET SECURITIZATION,               
INC.    

                By:  /s/ R. Walter Jones, IV

              Name:  R. Walter Jones, IV

     Title:  President

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 INDEX TO EXHIBITS

                                                        [Enlarge/Download Table]


                                                                                                  Page
                                                                                                       
4.1  Copy of the  Amendment  to Trust  Agreement  for  RMSC  Series                                   
     1991-17,  dated  as  of  March  1,  1998,  by  and  among  the                                   
     Registrant, Norwest Bank Minnesota, National Association, as                                     
     Master Servicer, and The Bank of New York, as Trustee............................................

4.2  Copy of the  Amendment  to Trust  Agreement  for  RMSC  Series                                   
     1991-19,  dated  as  of  March  1,  1998,  by  and  among  the                                   
     Registrant, Norwest Bank Minnesota, National Association, as                                     
     Master Servicer, and The Bank of New York, as Trustee............................................

4.3  Copy of the  Amendment  to Trust  Agreement  for  RMSC  Series                                   
     1992-4,   dated  as  of  March  1,  1998,  by  and  among  the                                   
     Registrant, Norwest Bank Minnesota, National Association, as                                     
     Master Servicer, and The Bank of New York, as Trustee............................................


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Dates Referenced Herein

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
Filed on:		4/24/98							None on these Dates
For Period End:		4/1/98
		3/1/98		1		6
		2/1/92		2
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