UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Mego Mortgage Corp.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
585165103
(CUSIP Number)
Neal J. Wilson, Esq.,1775 Eye Street, N.W. Washington, D.C. 20006
(202) 261-3346
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
November 30, 1998
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
/ /.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 6 Pages
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1 NAME OF REPORTING PERSON: Emanuel J. Friedman
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
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2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
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3
SEC USE ONLY
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4
SOURCE OF FUNDS
PF
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5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
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6
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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NUMBER OF
SHARES 7 SOLE VOTING POWER
BENEFICIALLY
OWNED BY 6,666,667
EACH
REPORTING
PERSON
WITH
-------------------------------------------------------------------
8 SHARED VOTING POWER
9,742,448(1)
-----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
6,666,667
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
9,742,448(1)
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Page 2 of 6 Pages
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11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,409,115(1)
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12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
/ /
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13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
46.95%(1)
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14
TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
(1) Pursuant to Rule 13d-2(a), this filing reflects an increase in the number of
shares beneficially owned by Friedman, Billings, Ramsey Group, Inc. in excess of
one percent of the total shares of common stock outstanding. Pursuant to Rule
13d-3(d) the number of shares reported herein includes 4,383,332 shares issuable
upon conversion of 6,575 shares of Series A Preferred Stock. Mr. Friedman may be
deemed to indirectly beneficially own these shares by virtue of his "control"
position at Friedman, Billings, Ramsey Group, Inc. Mr. Friedman disclaims
beneficial ownership of such shares. This filing supercedes the Schedules 13D
filed on July 22, 1998, August 10, 1998, and October 21, 1998 which
inadvertently understated the number of shares beneficially owned by Friedman,
Billings, Ramsey Group, Inc.
Page 3 of 6 Pages
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ITEM 1. Security and Issuer.
This Statement relates to the common stock of Mego Mortgage Corp., having
its principal executive office at 1000 Parkwood Circle, Suite 500, Atlanta, GA
30339.
ITEM 2. Identity and Background.
This statement is being filed by Emanuel J. Friedman:
(a) Emanuel J. Friedman;
(b) 1001 19th Street North, Arlington, VA 22209-1710;
(c) Present principal occupation: Chairman and Chief Executive Officer,
Friedman Billings Ramsey Group, Inc.
(d)-(e) During the last five years, Mr. Friedman has not been convicted in
a criminal proceeding (excluding traffic violations or similar misdemeanors), or
been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws.
(f) Emanuel J. Friedman is a United States citizen.
Page 4 of 6 Pages
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ITEM 5. Interest in Securities of the Issuer.
(a)-(b) As of November 30, 1998:
(i) Mr. Friedman: directly beneficially owns 6,666,667 shares of
common stock (19.07%).
(ii) Mr. Friedman may be deemed to indirectly beneficially own
9,742,448 shares of common stock (27.88%) by virtue of his "control"
position as Chairman and Chief Executive Officer of Friedman,
Billings, Ramsey Group, Inc.
(c) Mr. Friedman has not engaged in any transactions in common stock in
the last sixty days.
(d) None.
(e) Not applicable.
Page 5 of 6 Pages
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Signature
After reasonable inquiry and to the best knowledge and belief, I certify
that the information set forth in this Statement is true, complete and correct.
Date: December 10, 1998
/s/ Emanuel J. Friedman
---------------------------------
Emanuel J. Friedman
Page 6 of 6 Pages
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Original Signature Page
After reasonable inquiry and to the best knowledge and belief, I certify
that the information set forth in this Statement is true, complete and correct.
Date: December 10, 1998
---------------------------------
Emanuel J. Friedman
Page 6 of 6 Pages
