8-K 1 d105316.txt AMERIQUEST MORTGAGE SECURITIES INC ================================================================================ 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): November 25, 2002 AMERIQUEST MORTGAGE SECURITIES INC. (as depositor under the Pooling and Servicing Agreement, dated as of October 1, 2002, providing for the issuance of Asset-Backed Pass-Through Certificates, Series 2002-C) Ameriquest Mortgage Securities Inc. ----------------------------------- (Exact name of registrant as specified in its charter) -------------------------------------------------------------------------------- Delaware 333-99117 33-0885129 (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification Number) 1100 Town & Country Road, Suite 1100 Orange, California 92868 ------------------ ----- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (714) 564-0660 ================================================================================ -2- Item 2. Acquisition or Disposition of Assets ------------------------------------ On October 7, 2002, a a series of certificates, entitled Ameriquest Mortgage Securities Inc. Asset-Backed Pass-Through Certificates, Series 2002-C (the "Certificates"), were issued pursuant to a pooling and servicing agreement, dated as of October 1, 2002 (the "Agreement"), among Ameriquest Mortgage Securities Inc. as depositor (the "Depositor"), Ameriquest Mortgage Company ("Ameriquest") as master servicer (the "Master Servicer"), Deutsche Bank National Trust Company as trustee (the "Trustee") and Federal Home Loan Mortgage Corporation ("Freddie Mac") as guarantor of the Class A Certificates and the Class S Certificates. On October 23, 2002 and November 15, 2002 following the closing of the initial issuance of the Certificates, the Trustee purchased from the Depositor certain Subsequent Mortgage Loans, as defined in the Agreement, with an aggregate principal balance equal to approximately $324,984,887.57 with funds on deposit in the pre-funding account (the "Pre-Funding Account") established pursuant to the Agreement at a purchase price equal to the principal balance thereof, which Subsequent Mortgage Loans were conveyed to the Trustee pursuant to (i) a Subsequent Transfer Instrument, dated October 23, 2002, between the Depositor and the Trustee and (ii) a Subsequent Transfer Instrument, dated November 15, 2002, between the Depositor and the Trustee (collectively, the "Instrument"). Attached to the Instrument is the Mortgage Loan Schedule listing the Subsequent Mortgage Loans that are the subject of such Instrument. Item 5. 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 adjustable-rate and fixed- rate mortgage loans having original terms to maturity of not greater than 30 years (the "Mortgage Loans"). As of the Closing Date, the Trust Fund primarily consisted of (i) the Mortgage Pool, which consisted of Mortgage Loans having an aggregate principal balance of approximately $975,003,335 as of October 1, 2002 and (ii) the Pre-Funding Account, which contained approximately $324,996,666. As more fully described above, on October 23, 2002 and November 15, 2002, the Depositor purchased the Subsequent Mortgage Loans with the funds on deposit in the Pre-Funding Account. The tables attached as an exhibit hereto describe certain characteristics of the Mortgage Pool as of the respective applicable Cut-off Date. -3- Item 7. Financial Statements and Exhibits --------------------------------- (a) Not applicable (b) Not applicable (c) Exhibits Exhibit No. Description ----------- ----------- 4.2 Subsequent Transfer Instrument, dated as of October 23, 2002 and November 15, 2002, between Ameriquest Mortgage Securities Inc. as seller and Deutsche Bank National Trust Company, as trustee. 99.1 Characteristics of the Mortgage Pool as of the respective applicable Cut-off Date, relating to Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2002-C. -4- 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 the undersigned thereunto duly authorized. Dated: November 25, 2002 AMERIQUEST MORTGAGE SECURITIES INC. By: /s/ John P. Grazer ----------------------- Name: John P. Grazer Title: CFO -5- Index to Exhibits -----------------

Sequentially Exhibit No. Description Numbered Page ----------- ----------- ------------- 4.2 Subsequent Transfer Instrument 99.1 ~~Pooling~~Characteristics ~~and~~of ~~Servicing~~the ~~Agreement,~~Mortgage ~~dated~~Pool as of ~~October~~the 1,respective 7applicable ~~2002~~Cut-off Date, byrelating ~~and~~to ~~among~~ Ameriquest Mortgage Securities Inc. ~~as Depositor~~, ~~Ameriquest~~Asset- ~~Mortgage~~Backed ~~Company~~Pass-Through ~~as Master Servicer~~Certificates, ~~Deutsche Bank National Trust Company as Trustee relating to the~~ Series 2002-C ~~Certificates.~~

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