8-K 1 d142124.txt AMERIQUEST MORTGAGE 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): May 9, 2003 AMERIQUEST MORTGAGE SECURITIES INC. (as depositor under the Pooling and Servicing Agreement, dated as of May 1, 2003, providing for the issuance of Asset-Backed Pass-Through Certificates, Series 2003-6) Ameriquest Mortgage Securities Inc. ----------------------------------- (Exact name of registrant as specified in its charter) --------------------------------------------------------------------------------

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 Description of the Certificates and the Mortgage Pool On May 9, 2003, a series of certificates, entitled Ameriquest Mortgage Securities Inc. Asset-Backed Pass-Through Certificates, Series 2003-6 (the "Certificates"), were issued pursuant to a pooling and servicing agreement, dated as of May 1, 2003 (the "Agreement"), attached hereto as Exhibit 4.1, among Ameriquest Mortgage Securities Inc. as depositor (the "Depositor"), Ameriquest Mortgage Company ("Ameriquest") as master servicer (the "Master Servicer") and Deutsche Bank National Trust Company as trustee (the "Trustee"). The Certificates consist of seventeen classes of certificates (collectively, the "Certificates"), designated as the "Class AV-1 Certificates", "Class AV-2 Certificates", "Class AV-3 Certificates", "Class AF-1 Certificates", "Class AF-2 Certificates", "Class AF-3 Certificates" "Class AF-4 Certificates", "Class S Certificates", Class "M-1 Certificates", "Class M-2 Certificates", "Class M-3 Certificates", "Class M-4 Certificates", "Class M-5 Certificates", "Class M-6", "Class CE Certificates", "Class P Certificates" and "Class R Certificates". The Certificates evidence in the aggregate the entire beneficial ownership interest in a trust fund (the "Trust Fund"), consisting of a pool of mortgage loans (the "Mortgage Pool'") of conventional, one- to four- family, adjustable-rate and fixed rate, first lien mortgage loans having original terms to maturity up to 30 years (the "Mortgage Loans"). The Mortgage Pool consist of Mortgage Loans having an aggregate principal balance of $1,206,051,125.11 as of May 1, 2003 (the "Cut-off Date"). The Mortgage Loans were purchased pursuant to (i) the Mortgage Loan Purchase Agreement, dated May 7, 2003, between Ameriquest and the Depositor (the "Mortgage Loan Purchase Agreement"). The Class AV-1 Certificates, Class AV- 2 Certificates,Class AV-3 Certificates, Class AF-1 Certificates, Class AF-2 Certificates, Class AF-3 Certificates, Class AF-4 Certificates, Class S Certificates, Class M-1 Certificates, Class M-2 Certificates, Class M-3 Certificates, Class M-4 Certificates, Class M-5 Certificates and Class M-6 were sold by the Depositor to UBS Warburg LLC (the "Representative"), pursuant to an Underwriting Agreement, dated May 7, 2003 (the "Underwriting Agreement") among the Depositor, Ameriquest and the Representative. The Certificates have the following initial Certificate Balances and Pass-Through Rates:

___________________ (1) Approximate. (2) The pass-through rates on the Class AV Certificates and the Mezzanine Certificates are generally based on one-month LIBOR plus an applicable margin and are subject to increase and subject to a rate cap, as described in this prospectus supplement. -3- (3) Subject to a rate cap as described in this prospectus supplement. (4) Subject to increase and subject to a rate cap, as described in this prospectus supplement. (5) The Class S Certificates will consist of two components, the Class S Component and the Class S-2 Component, which will have declining notional amounts described herein. Each component will accrue interest for the first 30 Interest Accrual Periods at 5.00% per annum, subject to a rate cap, as described in this prospectus supplement. The Class S Certificates will not accrue interest following the 30th Interest Accrual Period. The Certificates, other than the Class CE Certificates, the Class P Certificates and the Class R Certificates, and the Mortgage Loans are more particularly described in the Prospectus Supplement, dated May 7, 2003 (the "Prospectus Supplement"), and the Prospectus, dated May 7, 2003, as previously filed with the Securities and Exchange Commission pursuant to Rule 424(b). The Class CE Certificates, the Class P Certificates and the Class R Certificates have not been and will not be publicly offered by the Depositor. Capitalized terms used but not otherwise defined herein shall have the meanings assigned to them in the Prospectus Supplement. -4- Item 7. Financial Statements and Exhibits (a) Not applicable (b) Not applicable (c) Exhibits Exhibit No. Description ----------- ----------- 4.1 Pooling and Servicing Agreement, dated as of May 1, 2003, by and among Ameriquest Mortgage Securities Inc. as Depositor, Ameriquest Mortgage Company as Master Servicer and Deutsche Bank National Trust Company as Trustee relating to the Series 2003-6 Certificates. -5- 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: May 7, 2003 AMERIQUEST MORTGAGE SECURITIES INC. By: /s/ John P. Grazer ----------------------- Name: John P. Grazer Title: CFO

Exhibit 4.1

AMERIQUEST MORTGAGE SECURITIES INC SERIES 2003-6 8-K