-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FgR8E2cNR5+p4n92jbOAZOKH+K7b4jum9V+JQi3TsXwIlbbxCr2gnOM93GtXm5aV wy9WeWQr3Ok5mGIx64Zy5Q== 0000950146-98-000504.txt : 19980401 0000950146-98-000504.hdr.sgml : 19980401 ACCESSION NUMBER: 0000950146-98-000504 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971231 FILED AS OF DATE: 19980331 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: CS FBC MORTGAGE SECURITIES TRUST 22 OF CS FIRST BOSTON MOR S CENTRAL INDEX KEY: 0000921143 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: SEC FILE NUMBER: 033-11924-10 FILM NUMBER: 98580179 BUSINESS ADDRESS: STREET 1: FIVE WORLD TRADE CENTER STREET 2: C/O WILMINGTON TRUST CO CITY: NEW YORK STATE: NY ZIP: 10048 BUSINESS PHONE: 3026511000 MAIL ADDRESS: STREET 1: FIVE WORLD TRADE CENTER CITY: NEW YORK STATE: NY ZIP: 10048 10-K 1 ANNUAL REPORT SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K -------------------------------------------------------------- ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For Fiscal Year Ended December 31, 1997 Commission File Number 33-11924 CS FBC MORTGAGE SECURITIES TRUST 22 AND SIMILAR TRUSTS OF WHICH CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP. IS DEPOSITOR - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its governing instruments)
Delaware Not Applicable -------- -------------- (State or other jurisdiction of establishment of Trusts) (I.R.S. Employer Identification No.)
c/o Wilmington Trust Company Rodney Square North Wilmington, Delaware 19890 - --------------------------------- --------------------- (Address of Owner Trustee) (Zip Code) Owner Trustee's telephone number, including area code 302-651-1000 --------------------- Securities registered pursuant to Section 12(b) of the Act: None. Securities registered pursuant to Section 12(g) of the Act: None. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No --- --- CS FBC MORTGAGE SECURITIES TRUST 22 AND SIMILAR TRUSTS INDEX
Page Number ------ PART I Item 1. Business 3 Item 2. Properties 3 Item 3. Legal Proceedings 3 Item 4. Submission of Matters to a Vote of Security Holders 3 PART II Item 5. Market for the Registrant's Common Equity and Related Stockholder Matters 4 Item 6. Selected Financial Data 4 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 4 Item 8. Financial Statements and Supplementary Data 4 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 4 PART III Item 10. Directors and Executive Officers of the Registrant 4 Item 11. Executive Compensation 4 Item 12. Security Ownership of Certain Beneficial Owners and Management 4 Item 13. Certain Relationships and Related Transactions 5 PART IV Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K 5 SIGNATURE 6 INDEX TO EXHIBITS 7
Page 2 CS FBC MORTGAGE SECURITIES TRUST 22 AND SIMILAR TRUSTS PART 1 Item 1. Business CS FBC Mortgage Securities Trust 22 and Similar Trusts (the "Trusts") are trusts established under the laws of the State of Delaware by a Trust Agreement between Credit Suisse First Boston Mortgage Securities Corp., as depositor (the "Depositor") and Wilmington Trust Company, as Owner Trustee (the "Owner Trustee"). The Depositor, a Delaware corporation is an indirect wholly owned subsidiary of Credit Suisse First Boston, Inc. and is the settlor and sole beneficiary of the issuer prior to the offering. Subsequent to the issuance of the Bonds, the Depositor may sell all or a part of its ownership interest in the related trusts to other investors. Wilmington Trust Company will act as Owner Trustee for, and at the direction of, the beneficial holders of the Trusts. The Trust Agreement provides that the Trusts have no power to engage in any activities other than (i) the issuance and sale of the Bonds pursuant to the Indenture and the acquiring, owning, holding and pledging of Mortgage Certificates in connection therewith, provided that the bonds have been rated "AAA" by Standard & Poor's Corporation; (ii) activities which are necessary, suitable or convenient to accomplish the foregoing or are incidental thereto or connected therewith; and (iii) such other activities as may be required in connection with conservation of trust assets and distributions to holders of the beneficial interest in the Trusts. The provision of the Trust Agreements so limiting the power of the Trusts is not subject to amendment without the prior written consent of Bondholders holding in the aggregate no less than a majority of the outstanding principal amount of the Bonds. As of the date of this report, the trusts have not issued any bonds. Item 2. Properties The Trusts neither own nor lease any physical properties. Item 3. Legal Proceedings The Trusts are not a party to any material actual or pending legal proceedings. Item 4. Submission of Matters to a Vote of Security Holders None. Page 3 PART II. Item 5. Market for the Registrant's Common Equity and Related Stockholder Matters Not applicable. Item 6. Selected Financial Data Selected financial data is omitted, because financial statements for the year ended December 31, 1997 have not been prepared inasmuch as the reporting entities have not yet commenced operations as of that date. Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Not applicable. Item 8. Financial Statements and Supplementary Data Financial statements for the year ended December 31, 1997 have not been prepared inasmuch as the reporting entities have not yet commenced operations as of that date. As of the date of this report, the trusts have been formed and have not issued any bonds. It is anticipated that the trusts will issue series of Bonds under Registration Statement No. 33-11924 which was filed on Form S-11 by Credit Suisse First Boston Mortgage Securities Corp. on February 12, 1987 with the Securities and Exchange Commission providing for the issuance of up to $2,000,000,000 aggregate principal amount, of Collateralized Mortgage Obligations. Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure None. PART III. Item 10. Directors and Executive Officers of the Registrant Not applicable. Item 11. Executive Compensation Not applicable. Item 12. Security Ownership of Certain Beneficial Owners and Management Not applicable. Page 4 Item 13. Certain Relationships and Related Transactions Not applicable. PART IV. Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K (a) The following documents are filed as part of this report. (1) Financial Statements Financial Statements for the year ended December 31, 1997 have not been prepared inasmuch as the reporting entities had not commenced operations as of that date. (2) Financial Statement Schedules Financial Statement Schedules are omitted because they are not required or applicable. (3) Exhibits Form of Trust Agreement [for non-REMIC Bonds] (incorporated by reference to Exhibit 3(a) of Registration Statement on Form S-11 (No. 33-11924) dated February 12, 1987). Form of Trust Agreement [for REMIC Bonds] (incorporated by reference to Exhibit 3(b) of Registration Statement on Form S-11 (No. 33-11924) dated February 12, 1987). Form of Indenture (incorporated by reference to Exhibit 4 of Registration Statement on Form S-11 (No. 33-11924) dated February 12, 1987). Form of Bond Administration Agreement [for non-REMIC Bonds] (incorporated by reference to Exhibit 10(a) of Registration Statement on Form S-11 (No. 33-11924) dated February 12, 1987). Form of Bond Administration Agreement [for REMIC Bonds] (incorporated by reference to Exhibit 10(b) of Registration Statement on Form S-11 (No. 33- 11924) dated February 12, 1987). (b) Reports on Form 8-K None. (c) Exhibits filed as part of this report are included in Item 14(a)(3) above. Page 5 SIGNATURE Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Credit Suisse First Boston Mortgage Securities Corp., as Depositor, on behalf of CS FBC Mortgage Securities Trust 22 and Similar Trusts By: THOMAS M. ZINGALLI ------------------------------------ Thomas M. Zingalli Controller and Principal Accounting Officer (Duly Authorized Officer and Principal Accounting Officer) Dated: March 24, 1998 Page 6 SIGNATURE 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, thereunto duly authorized. Credit Suisse First Boston Mortgage Securities Corp., as Depositor, on behalf of CS FBC Mortgage Securities Trust 22 and Similar Trusts By: ------------------------------------ Thomas M. Zingalli Controller and Principal Accounting Officer (Duly Authorized Officer and Principal Accounting Officer) Dated: March 24, 1998 Page 6 INDEX TO EXHIBITS Exhibit Number Description of Exhibit Page - ------ ---------------------- ---- 3(a) Form of Trust Agreement [for non-REMIC Bonds] * 3(b) Form of Trust Agreement [for REMIC Bonds] * 4 Form of Indenture * 10(a) Form of Bond Administration Agreement [for non-REMIC Bonds] * 10(b) Form of Bond Administration Agreement [for REMIC Bonds] * * Incorporated by reference to the same Exhibits in Registration Statement on Form S-11 (No. 33-11924) filed with the Securities and Exchange Commission on February 12, 1987. Page 7 EX-27 2 ARTICLE 5 FDS FOR 4TH QUARTER 10-K
5 Financial statements for the year ended December 31, 1997 have not been prepared in as much as the reporting entities have not commenced operations as of that date. 1,000 12-MOS DEC-31-1997 DEC-31-1997 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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