UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM ABS-15G
ASSET-BACKED SECURITIZER
REPORT PURSUANT TO SECTION 15G OF
THE SECURITIES EXCHANGE ACT OF 1934
Saxon Asset Securities Company
Check the appropriate box to indicate the filing obligation to which this form is intended to satisfy:
Rule 15Ga‑1 under the Exchange Act (17 CFR 240.15Ga‑1) for the reporting period
October 1, 2018 to December 31, 2018
Date of Report (Date of earliest event reported): February 14, 2019
Commission File Number of securitizer:          025-00924
Central Index Key Number of securitizer:       0001014299
Amy Kim, Managing Director, Phone: (212) 762-5079

Name and telephone number, including area code, of the person to
contact in connection with this filing.

Indicate by check mark whether the securitizer has no activity to report for the initial period pursuant to Rule 15Ga‑1(c)(1) ☐
Indicate by check mark whether the securitizer has no activity to report for the quarterly period pursuant to Rule 15Ga‑1(c)(2)(i) ☐
Indicate by check mark whether the securitizer has no activity to report for the annual period pursuant to Rule 15Ga‑1(c)(2)(ii) ☐
 ☐  Rule 15Ga-2 under the Exchange Act (17 CFR 240.15Ga-2)
Central Index Key Number of depositor:  __________________________


Exact name of issuing entity as specified in its charter)
Central Index Key Number of issuing entity (if applicable):  ________________________________
Central Index Key Number of underwriter (if applicable):      ________________________________ 


Name and telephone number, including area code, of the person to
contact in connection with this filing.

INFORMATION TO BE INCLUDED IN THE REPORT
REPRESENTATION AND WARRANTY INFORMATION
Item 1.02 Periodic Filing of Rule 15Ga–1 Representations and Warranties Disclosure
The disclosures required to be filed by Saxon Asset Securities Company (the "Securitizer") by Rule 15Ga-1 (17 CFR 240.15Ga-1) according to the filing requirements of Rule 15Ga-1(c)(2) are included as Exhibit 99.1.  See Exhibits.


Exhibits
99.1     The table required to be filed by the Securitizer by Rule 15Ga-1(c)(2) according to the filing requirements of Rule 15Ga-1(c)(2).
 

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the reporting entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:  February 14, 2019
 
 
SAXON ASSET SECURITIES COMPANY
(SECURITIZER)
 
       
       
 
By:
/s/ Anish Sheth  
    Name Anish Sheth  
    Title Director  
       

 
 
 

Exhibit Index
Exhibit 99.1
The table required to be filed by the Securitizer by Rule 15Ga-1(c)(2) according to the filing requirements of Rule 15Ga-1(c)(2).
 
 
 
 
 
 
 

Exhibit 99.1
 
15Ga-1 Representations and Warranties Table (FN1)                     
 
Asset Class: RMBS
 

Name of Issuing Entity
Check if registered
Name of Originator (FN2)
Total Assets in ABS by Originator at time of securitization
Assets that Were Subject of Demand (FN3)
Assets that Were Repurchased or Replaced (FN4)
Assets Pending Repurchase or Replacement (within cure period) (FN5)
Demand in Dispute (FN6)
Demand Withdrawn (FN7)
Demand Rejected (FN8)
 
 
 
 #
 $
% of prin. Balance
#
$ (FN9)
% of prin. Balance (FN10)
#
$ (FN9)
% of prin. Balance (FN10)
#
$ (FN9)
% of prin. Balance (FN10)
#
$ (FN9)
% of prin. Balance (FN10)
#
$ (FN9)
% of prin. Balance (FN10)
#
$ (FN9)
% of prin. Balance (FN10)
(a)
(b)
(c)
 (d)
 (e)
(f)
(g)
(h)
(i)
(j)
(k)
(l)
(m)
(n)
(o)
(p)
(q)
(r)
(s)
(t)
(u)
(v)
(w)
(x)
Saxon Asset Securities Trust 2004-2 (0001299037)
X
Saxon
    7,586
  1,127,551,394
100.00%
       1
          147,480
0.13%
  -
   -
0.00%
    -
0
0.00%
       1
          147,480
0.13%
   -
  -
0.00%
  -
    -
0.00%
 
 
Total
    7,586
  1,127,551,394
100.00%
       1
          147,480
0.13%
  -
   -
0.00%
    -
   -
0.00%
       1
          147,480
0.13%
   -
  -
0.00%
  -
    -
0.00%
Saxon Asset Securities Trust 2007-1 (0001387989)
X
Saxon
    3,134
      622,167,807
100.00%
  152
    26,572,235
14.96%
  -
   -
0.00%
    -
   -
0.00%
  152
    26,572,235
14.96%
   -
  -
0.00%
  -
    -
0.00%
 
 
Total
    3,134
      622,167,807
100.00%
  152
    26,572,235
14.96%
  -
   -
0.00%
    -
   -
0.00%
  152
    26,572,235
14.96%
   -
  -
0.00%
  -
    -
0.00%
Saxon Asset Securities Trust 2007-2 (0001396857)
X
SAXON
    4,257
      870,703,726
100.00%
       1
          130,278
0.04%
  -
   -
0.00%
    -
   -
0.00%
       1
          130,278
0.04%
   -
  -
0.00%
  -
    -
0.00%
 
 
Total
    4,257
      870,703,726
100.00%
       1
          130,278
0.04%
  -
   -
0.00%
    -
   -
0.00%
       1
          130,278
0.04%
   -
  -
0.00%
  -
    -
0.00%
Saxon Asset Securities Trust 2007-4 (144A)

Saxon
    1,676
      482,144,861
99.96%
  827
  262,463,148
54.41%
  -
   -
0.00%
    -
   -
0.00%
  827
  262,463,148
54.41%
   -
  -
0.00%
  -
    -
0.00%
 
 
Lime Financial Services, LTD
            1
              198,503
0.04%
        -
                        -
0.00%
  -
   -
0.00%
    -
   -
0.00%
        -
                        -
0.00%
   -
  -
0.00%
  -
    -
0.00%
 
 
Total
    1,677
      482,343,364
100.00%
  827
  262,463,148
54.41%
  -
   -
0.00%
    -
   -
0.00%
  827
  262,463,148
54.41%
   -
  -
0.00%
  -
    -
0.00%
 
 
Aggregate Total
  16,654
  3,102,766,291
100.00%
  981
  289,313,140
27.91%
  -
   -
0.00%
    -
   -
0.00%
  981
  289,313,140
27.91%
   -
  -
0.00%
  -
    -
0.00%

 
 
FN1:  This Form ABS-15G contains all applicable information in our records required to be reported on Form ABS-15G that we know and that is available to us without unreasonable effort or expense in connection with demands for repurchase or replacement of pool assets in Covered Transactions (as defined below) for breaches of representations or warranties.  In connection with the preparation of Form ABS 15Ga-1, we undertook the following steps to gather the information required by Rule 15Ga-1:  (i) identifying all asset-backed securities transactions in which we acted as a securitizer that were not the subject of a filing on Form ABS-15G by an affiliated securitizer ("Covered Transactions"), (ii) performing a diligent search of our records and the records of our affiliates that acted as securitizers in our transactions for all relevant information, (iii) reviewing appropriate documentation from all relevant transactions to determine the parties responsible for enforcing representations and warranties, and any other parties to the transaction who might have received repurchase requests (such parties, "Demand Entities"), and (iv) making written request of each Demand Entity to provide any information in its possession regarding requests or demands to repurchase any loans for a breach of a representation or warranty with respect to any relevant transaction that was not previously provided to us.  We followed up written requests made of Demand Entities as we deemed appropriate.  In addition, we requested information from trustees and other Demand Entities as to investor demands that occurred prior to July 22, 2010.  It is possible that this disclosure does not contain information about all investor demands upon those parties made prior to July 22, 2010.
 
FN2: We identified the "originator" on the same basis that we would identify the originator for purposes of Regulation AB (Subpart 229.1100 – Asset-Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1125) for registered transactions.
 
FN3: Reflects aggregate numbers for all demand activity shown in this table.
 
FN4: Includes loans for which the repurchase price or replacement asset was received during the reporting period.  The demand related to loans reported in this column may have been received prior to the reporting period covered by this Form ABS-15G.
 
FN5: Includes loans for which the securitizer is aware that the responsible party has agreed to repurchase or replace the loan but has not yet repurchased or replaced such loans.  The demand related to loans reported in this column may have been received prior to the reporting period covered by this Form ABS-15G.
 
FN6: Includes demands received during and prior to the reporting period covered by this Form ABS-15Ga-1 unless the loan falls into one of the other categories reflected on this chart or the demand was received prior to this reporting period and was finally resolved prior to this reporting period.  If the securitizer is not the party responsible for repurchasing a loan subject to a demand, the loan is reflected in this column until the securitizer has been informed by the related trustee that the loan has been repurchased or replaced.
 
FN7: Includes loans for which the buyback demand was withdrawn by the party submitting the demand during the reporting period covered by this Form ABS-15Ga-1.  The demand related to loans reported in this column may have been received prior to the reporting period covered by this Form ABS-15G.
 
FN8: Includes loans (i) for which a demand was received, a rebuttal was made and there was no response within 90 days of the rebuttal and (ii) for which the related obligor has repaid the loan in full, in each case during the reporting period covered by this Form ABS-15Ga-1.  The demand related to loans reported in this column may have been received prior to the reporting period covered by this Form ABS-15G.
 
FN9: Principal balance was determined as of the earlier of (i) the principal balance reported in the January 2019 distribution date report and (ii) the principal balance on the distribution date immediately preceding the period for which the distribution date report reflected that the loan was removed from the pool.  Liquidated loans reflect amounts received as borrower payments, insurance proceeds and all other liquidation proceeds.  All of the balances and loan counts set forth in the exhibit are based on the securitizer's records and, in certain instances, may differ from balance and loan count information publicly available.  For Saxon Asset Securities Trust 2007-4 (144A), the principal balance of the loans as of the closing date is used because the current principal balance is not publicly available.
 
FN10: % of principal balance was calculated by using the principal balance as described in footnote 9 divided by the aggregate principal balance of the pool assets reported in the January 2019 distribution date report.  Because the aggregate principal balance of the remaining pool assets may be less than the principal balance of the repurchase demands calculated as described in footnote 9, the percentage shown in this column may exceed 100%.