8-K 1 d483060.htm DEUTSCHE ALT-A SECURITIES INC

 

 

UNITED STATES

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 15, 2006

 

DEUTSCHE ALT-A SECURITIES, INC.

(as depositor under the Pooling and Servicing Agreement,

dated as of January 1, 2006, providing for the issuance of

Deutsche Alt-B Securities Mortgage Loan Trust, Series 2006-AB1,

Mortgage Pass-Through Certificates)

 

Deutsche Alt-A Securities, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

333-127621

 

35-2184183

(State or Other Jurisdiction
of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer
Identification Number)

 

 

 

 

 

60 Wall Street
New York, NY

 

 

 

10005

(Address of Principal
Executive Offices)

 

 

 

(Zip Code)

 

 

Registrant’s telephone number, including area code: (212) 250-7010

 

 

 


 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[_] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 

Section 2 - Completion of Acquisition or Disposition of Assets

Item 2.01 Completion of Acquisition or Disposition of Assets

On January 31, 2006, a series of certificates, entitled Deutsche Alt-B Securities Mortgage Loan Trust, Series 2006-AB1, Mortgage Pass-Through Certificates, were issued pursuant to a pooling and servicing agreement, dated as of January 1, 2006 (the “Agreement”), among Deutsche Alt-A Securities, Inc. as depositor (the “Depositor”), Wells Fargo Bank, National Association as master servicer and securities administrator and HSBC Bank USA, National Association as trustee (the “Trustee”).

On March 15, 2006, following the closing of the initial issuance of the Certificates, the Trustee purchased from the Depositor certain Subsequent Loans, as defined in the Agreement, with an aggregate stated principal balance equal to $75,400,817.78 with funds on deposit in the pre-funding account established pursuant to the Agreement at a purchase price equal to the aggregate principal balance thereof, which Subsequent Loans were conveyed to the Trustee pursuant to a Subsequent Transfer Instrument, dated March 15, 2006 (the “Instrument”), between the Depositor and the Trustee. Attached to the Instrument is the Mortgage Loan Schedule listing the Subsequent Mortgage Loans that are the subject of such Subsequent Transfer Instrument.

Section 8 - Other Events

Item 8.01 Other Events

Description of the Mortgage Pool

The Certificates, issued pursuant to the Agreement, evidence in the aggregate the entire beneficial ownership interest in a trust fund (the “Trust Fund”), consisting primarily of a segregated pool (the “Mortgage Pool”) of conventional, one- to four- family, first lien, fixed-rate mortgage loans having original terms to maturity of not greater than 30 years (the “Mortgage Loans”). After the Subsequent Transfer Date, as defined in the Agreement, the Trust Fund primarily consisted of the Mortgage Pool, which Mortgage Loans having an aggregate stated principal balance of approximately $726,576,021.09.

 


 

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

 

(a)

Not applicable

 

(b)

Not applicable

 

(c)

Exhibits

 

 

Exhibit No.

 

Description

 

4.2

 

Subsequent Transfer Instrument, dated as March 15, 2006 between Deutsche Alt-A Securities, Inc. as seller and HSBC Bank USA, National Association, as trustee.

 

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: March 28, 2006

 

DEUTSCHE ALT-A SECURITIES, INC.

 

 

 

 

 

 

 

By:

/s/ Susan Valenti

 

Name:

Susan Valenti

 

Title:

Director

 

 

 

 

 

 

 

By:

/s/ Marina Tukhin

 

Name:

Marina Tukhin

 

Title:

Vice President

 

 


 

Index to Exhibits

 

Exhibit No.

Description

Sequentially
Numbered Page

 

 

 

4.2

Subsequent Transfer Instrument, dated as March 15, 2006 between Deutsche Alt-A Securities, Inc. as seller and HSBC Bank USA, National Association, as trustee.