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) June 6, 2005
ASSET BACKED SECURITIES CORPORATION
(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation)	333-122372 (Commission File Number)		13-3354848 (IRS Employer ID Number)
11 Madison Avenue New York, New York		10010
(Address of principal executive offices)		(Zip Code)
Registrant’s Telephone Number, including area code:		(212) 325-2000
No Change (Former name or former address, if changed since last report)

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: June 22, 2005

(date of earliest event reported)

Asset Backed Securities Corporation

Home Equity Loan Trust 2005-HE6

Asset Backed Pass-Through Certificates, Series 2005-HE6

ASSET BACKED SECURITIES CORPORATION
(Exact name of registrant as specified in its charter)
Delaware	333- 122372	13-3354848
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

11 Madison Avenue New York, New York 10010
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code (212) 325-2000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]	Pre-commencement communications pursuant to Rule 14d-2(d) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. ~~Other Events~~

~~McKee~~Other ~~Nelson LLP has been retained by this Registrant as counsel for its Registration Statement on Form S-3 (Commission File No~~Events. 333-122372) in connection with various transactions. Legal opinions by McKee Nelson LLP to be incorporated into the Registration Statement are attached hereto as Exhibit 5.1, Exhibit 8.1 and Exhibit 23.1.

Filing of Computational Materials

Pursuant to Rule 424(b) under the Securities Act of 1933, concurrently with, or subsequent to, the filing of this Current Report on Form 8-K (the “Form 8-K”), Asset Backed Securities Corporation (the “Company”) is filing a prospectus and prospectus supplement with the Securities and Exchange Commission relating to its Asset Backed Securities Corporation Home Equity Loan Trust 2005-HE6, Asset Backed Pass-Through Certificates, Series 2005-HE6.

In connection with the offering of the Asset Backed Securities Corporation Home Equity Loan Trust 2005-HE6 Asset Backed Pass-Through Certificates, Series 2005-HE6, Credit Suisse First Boston LLC (“CSFB”), as one of the underwriters of the Certificates, has prepared certain materials (the “Computational Materials”) for distribution to their potential investors. Although the Company provided CSFB with certain information regarding the characteristics of the mortgage loans in the related portfolio, the Company did not participate in the preparation of the Computational Materials.

The Computational Materials are attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(a)

Not applicable.

(b)

Not applicable.

(c)

Exhibits:

599.1

~~Opinion~~Computational ~~of McKee Nelson LLP as to legality (including consent of such firm).~~Materials

8.1

Opinion of McKee Nelson LLP as to certain tax matters (including consent of such firm included in Exhibit 5.1).

23.1

Consent of McKee Nelson LLP (included in Exhibit 5.1).

SIGNATURES

~~Pursuant~~Filings toMade ~~the~~by ~~requirements of~~ the ~~Securities~~Registrant. The ~~Exchange Act of 1934, the~~ registrant has duly caused this ~~report~~form to be signed on its behalf by the undersigned, ~~hereunto~~thereunto duly authorized, in the City of New York, State of New York, on June 22, 2005.

ASSET BACKED SECURITIES CORPORATION

By: _ /s/ Gregory P. ~~Richter______________~~Richter

Name: Gregory P. Richter

~~Gregory~~Title: P.Vice ~~Richter~~President

~~Title:~~Exhibit Index

~~Vice President~~Exhibit

~~Dated: June 6, 2005~~Page

~~EXHIBIT INDEX~~99.1

~~Exhibit~~Computational ~~No.~~Materials

~~Description~~ 6

Page No.

5.1

Opinion of McKee Nelson LLP as to legality (including consent of such firm).

8.1

Opinion of McKee Nelson LLP as to certain tax matters (including consent of such firm included in Exhibit 5.1).

23.1

Consent of McKee Nelson LLP (included in Exhibit 5.1).

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