0000891092-13-007084.txt : 20130814 0000891092-13-007084.hdr.sgml : 20130814 20130814122332 ACCESSION NUMBER: 0000891092-13-007084 CONFORMED SUBMISSION TYPE: ABS-15G PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130630 ITEM INFORMATION: Periodic Filing of Rule 15Ga-1 Representations and Warranties Disclosure FILED AS OF DATE: 20130814 DATE AS OF CHANGE: 20130814 RULE-15GA1 20130401 N N Commercial mortgages FILER: COMPANY DATA: COMPANY CONFORMED NAME: ASSET SECURITIZATION CORP CENTRAL INDEX KEY: 0000889417 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133672337 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: ABS-15G SEC ACT: SEC FILE NUMBER: 025-01038 FILM NUMBER: 131036275 BUSINESS ADDRESS: STREET 1: TWO WORLD FINANCIAL CENTER STREET 2: BUILDING B 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10281 BUSINESS PHONE: 2126679300 MAIL ADDRESS: STREET 1: C/O NOMURA SECURITIES INTERNATIONAL INC STREET 2: TWO WORLD FINANCIAL CTR BLDG B 21ST FL CITY: NEW YORK STATE: NY ZIP: 10281 ABS-15G 1 e54702_abs15g.htm FORM ABS-15G

 

OMB Number: 3235-0675

Expires: March 31, 2014

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM ABS-15G
ASSET-BACKED SECURITIZER
REPORT PURSUANT TO SECTION 15G OF
THE SECURITIES EXCHANGE ACT OF 1934

 

ASSET SECURITIZATION CORPORATION

 

Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:

 

     X     Rule 15Ga-1 under the Exchange Act (17 CFR 240.15Ga-1) for the reporting period
April 1, 2013 to June 30, 2013

Date of Report (Date of filing): August 14, 2013

Commission File Number of securitizer: 025-01038

Central Index Key Number of securitizer: : 0000889417

Juliet Buck, (212) 667-9368

Name and telephone number, including area code, of the person to
contact in connection with this filing.

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga-1(c)(1) [ ]

Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga-1(c)(2)(i) [ ]

Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga-1(c)(2)(ii) [ ]

 
 

 

REPRESENTATION AND WARRANTY INFORMATION

Item 1.02 Periodic Filing of Rule 15Ga-1 Representations and Warranties Disclosure

The disclosures required by Rule 15Ga-1 (17 CFR 240.15Ga-1) is attached as an Exhibit to this Form ABS-15G. Please see Exhibit 99.1 for the related information.

Exhibits

99.1 Table for Form ABS-15G (Repurchase reporting)

 
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ASSET SECURITIZATION
CORPORATION

Date: August 14, 2013                                              /s/ David Findlay__________________

Name: David Findlay

Title: Chief Executive Officer

(senior officer in charge of securitization of the securitizer)

 
 

 

 

EXHIBIT INDEX

 

 

Exhibit Number

 

99.1 Table for Form ABS-15G (Repurchase reporting)

 

 

 

EX-99.1 2 e54702ex99_1.htm DISCLOSURE

Exhibit 99.1 Table for Form ABS-15G (Repurchase reporting)(1)

Asset Securitization Corporation

Name of the Issuing Entity Central Index Key Number Check if Registered Name of Originator(2) Total Assets in ABS by Originator(3) Assets That Were Subject of Demand(4) Assets That Were Repurchased or Replaced(5) Assets Pending Repurchase or Replacement(6) Demand in Dispute(7) Demand Withdrawn(8) Demand Rejected(9)
(a) (a) (b) (c) (#) ($) (% of principal balance) (#) ($) (% of principal balance) (#) ($) (% of principal balance) (#) ($) (% of principal balance) (#) ($) (% of principal balance) (#) ($) (% of principal balance) (#) ($) (% of principal balance)
(d) (e) (f) (g) (h) (i) (j) (k) (l) (m) (n) (o) (p) (q) (r) (s) (t) (u) (v) (w) (x)
Asset Type: Commercial Mortgage-Backed Securities                                              
Asset Securitization Corporation, Commercial Mortgage Pass-Through Certificates, Series 1997-D5  # 0001046423 X Nomura Asset Capital Corporation 135   94.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 2 $8,163,985 15.93% 0 $0 0.00% 0 $0 0.00%
    Bloomfield Acceptance Company, LLC 14   2.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00%
    Bostonia America Lending Group-I 5   3.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00%
    Credit Suisse First Boston Mortgage LLC 1   1.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00%
Asset Securitization Corporation, Commercial Mortgage Pass-Through Certificates, Series 1997-D5 Total       155 $1,754,015,636 100.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 2 $8,163,985 15.93% 0 $0 0.00% 0 $0 0.00%
                                                 
                                                 
Grand Total   155 $1,754,015,636 100.00% 0 $0 0.00% 0 $0 0.00% 0 $0 0.00% 2 $8,163,985 15.93% 0 $0 0.00% 0 $0 0.00%

 

Footnotes:

 

(1) While we have attempted to gather all of the information required by this Form ABS-15G and Rule 15Ga-1 (the “Reportable Information”) we cannot be certain that we have obtained all applicable Reportable Information since, among other things, some entities that have the obligation to enforce repurchase obligations (the “Demand Entities”) are no longer in existence, some of the Demand Entities that are still in existence have not responded to our request for Reportable Information, some Demand Entities have not agreed to provide Reportable Information or may not have provided complete Reportable Information, and some Demand Entities may be unable or unwilling to provide Reportable Information without unreasonable effort or expense (or without imposing unreasonable expense on us). The information in this Form ABS-15G has not been verified by any third party.

 

(2) In many cases, the entity identified as “Originator” is the entity that sold the assets to the sponsor, based on the sponsor’s records. This entity may or may not be the originator of the assets. The securitizer is not able to obtain further information as to the identity of the originator without unreasonable effort or expense.

 

(3) We have not set forth herein Originator specific total principal balances at issuance as we could not obtain the applicable information without unreasonable effort or expense.

 

(4) Assets included in “Assets That Were Subject of Demand” includes assets where a demand was made during or prior to the reporting period, which was either resolved during the reporting period or remains unresolved as of the end of the reporting period. The outstanding principal balance of each asset in these columns (and all columns to the right) is based on the end of the reporting period or the most recent balance available for assets that remain in the pool at that time, or the balance as of the date of the last payment made by the obligor if the asset was liquidated or removed from the pool prior to the end of the reporting period.

 

(5) “Assets That Were Repurchased or Replaced” may include assets that were previously liquidated, and for which a make-whole payment was made in lieu of repurchase.

 

(6) “Assets Pending Repurchase or Replacement” includes only assets for which a decision to repurchase, replace or make-whole had been approved but such action has not been completed, and are shown without regard to cure period status.

 

(7) “Demand in Dispute” shows all assets for which a demand has been made, and for which the demand is in dispute. If a demand has been rejected, it will not be considered to be in dispute absent a subsequent communication or other indication that the demand remains in dispute.

 

(8) “Demand Withdrawn” shows assets where the repurchase demand was withdrawn by the trustee, or by any other party that made the demand.

 

(9) “Demand Rejected” shows assets where a repurchase demand has been rejected by the securitizer, or by any other party that would be obligated to repurchase the asset if the claim was valid.

For assets where more than one activity occurred during the reporting period, only the most recent activity is reported above, provided that an asset subject to a demand to repurchase may be listed in both the “Assets That Were Subject to Demand” column as well as an additional column showing the most recent activity or status during the reporting period.