BLOCK MORTGAGE FINANCE INC
8-K, 1999-01-20
ASSET-BACKED SECURITIES
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                       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): January 20, 1999

                                 Block Mortgage
                                 Finance, Inc.
             (Exact name of registrant as specified in its charter)


                                    Delaware
                 (State or other jurisdiction of incorporation)



          333-65215                                      43-1758633
   (Commission File Number)                  (IRS Employer Identification No.)

4435 Main Street, Suite 500, Kansas City, Missouri               64111
        (Address of principal executive offices)               (Zip Code)

       Registrant's telephone number, including area code: (816) 932-4960


                                 Not applicable
          (Former name or former address, if changed since last report)













<PAGE>


ITEM 7.      FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

Exhibit 24   Consent of PricewaterhouseCoopers LLP







                                   SIGNATURES

      Pursuant to the  requirements  of the Securities  Exchange Act of 1934, as
amended,  the  Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.



                          BLOCK MORTGAGE FINANCE, INC.

                          By: /s/ Bret G. Wilson      
                              _______________________________
                          Name:  Bret G. Wilson                 
                          Title: President               


Date:  January 20, 1999



















                                       2
<PAGE>


                            EXHIBIT INDEX

      Exhibit No.                                Description

          24                        Consent of PricewaterhouseCoopers LLP








                                       3





                       CONSENT OF INDEPENDENT ACCOUNTANTS



We consent to the  incorporation  by reference in the  Prospectus  Supplement of
Block  Mortgage  Finance  Inc.  relating to  Asset-Backed  Certificates,  Series
1999-1,  of our report dated February 3, 1998, on our audits of the consolidated
financial  statements  of MBIA  Insurance  Corporation  and  Subsidiaries  as of
December  31, 1997 and 1996 and for each of the three years in the period  ended
December  31,  1997.  We also  consent  to the  reference  to our firm under the
caption "Report of Experts".


                               /s/ PricewaterhouseCoopers LLP
                               ___________________________________________      
                               PricewaterhouseCoopers LLP


January 19, 1999






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