8-K 1 d162463.txt SALOMON BROTHERS MORTGAGE SECURITIES VII 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): July 30, 2003 SALOMON BROTHERS MORTGAGE SECURITIES VII, INC. (as depositor under the Pooling and Servicing Agreement, dated as of July 1, 2003, providing for the issuance of Mortgage Pass-Through Certificates, Series 2003-UP2) Salomon Brothers Mortgage Securities VII, Inc. (Exact name of registrant as specified in its charter) -------------------------------------------------------------------------------- Delaware 333-83816 13-3439681 -------- --------- ---------- (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification Number) 390 Greenwich Street New York, New York 10013 ------------------ ----- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (212) 816-6000 -------------- ================================================================================ Item 5. Other Events ------------ -2- Description of the Certificates and the Mortgage Pool Salomon Brothers Mortgage Securities VII, Inc. (the "Registrant") plans a series of certificates, entitled Citigroup Mortgage Loan Trust, Series 2003-UP2, Mortgage Pass-Through Certificates (the "Certificates"), to be issued pursuant to a pooling and servicing agreement, dated as of July 1, 2003, among the Registrant as depositor, Union Planters Mortgage Inc. as master servicer and Wells Fargo Bank Minnesota, National Association as trustee. The Certificates to be designated as the Series 2003-UP2 Certificates will represent 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, fixed-rate mortgage loans secured by first liens on residential real properties having original terms to maturity up to 30 years (the "Mortgage Loans"). Computational Materials Citigroup Global Markets Inc. (the "Underwriter") have advised the Registrant that it has furnished to certain prospective purchasers of Certificates certain materials, herein referred to as "Computational Materials," in written form, which Computational Materials are in the nature of data tables and term sheet information relating to the Mortgage Loans or other assets of the Trust Fund, the structure of the Certificates and terms of certain classes of Certificates, and the hypothetical characteristics and hypothetical performance of certain classes of Certificates under certain assumptions and scenarios. The Computational Materials have been provided by the Underwriter. The information in the Computational Materials is preliminary and will be superseded by the Prospectus Supplement relating to the Certificates and by any other information subsequently filed with the Commission. The Computational Materials were prepared by the Underwriter at the request of certain prospective investors. The Computational Materials may be based on information that differs from the information set forth in the Prospectus Supplement. -3- Item 7. Financial Statements and Exhibits --------------------------------- (a) Not applicable (b) Not applicable (c) Exhibits Exhibit No. Description ----------- ----------- 99.1 Computational Materials (as defined in Item 5) that have been provided by Citigroup Global Markets Inc. to certain prospective purchasers of Citigroup Mortgage Loan Trust, Series 2003-UP2, Mortgage Pass-Through Certificates. 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 thereunto duly authorized. Dated: July 30, 2003 SALOMON BROTHERS MORTGAGE SECURITIES VII, INC. By: /s/ David Reedy ------------------- Name: David Reedy Title: Assistant Secretary

Index to Exhibits Sequentially Exhibit No. Description Numbered Page ----------- ----------- ------------- 99.15 ~~Collateral~~Computational ~~Term~~Materials ~~Sheets~~ (as defined in Item 5) that have ~~been~~ P been provided by Citigroup Global Markets Inc. to certain prospective purchasers of Citigroup ~~Home~~Mortgage ~~Equity~~ Loan Trust, Series 2003-~~HE1~~UP2, ~~Asset~~Mortgage ~~Backed~~ Pass-Through Certificates.

EXHIBIT 99.5 [FILED BY PAPER]

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