CFI MORTGAGE INC
8-K/A, 1998-02-20
FINANCE SERVICES
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                       SECURITIES AND EXCHANGE COMMISSION


   
                             WASHINGTON, D.C. 20549
                                  ------------
                                   FORM 8-K/A

                                 CURRENT REPORT
    

                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934



       Date of Report (date of earliest event reported): February 6, 1998


                                CFI MORTGAGE INC.
             (Exact name of registrant as specified in its charter)


      Delaware                           0-22271                    52-2023491
(State or other jurisdiction          (Commission                 (IRS Employer
 of incorporation)                    File Number)                  ID Number)


      580 Village Boulevard, Suite 120
             West Palm Beach, FL                                      33409
  (Address of principal executive offices)                         (Zip Code)

       Registrant's Telephone Number, including area code: (561) 687-1595


          (Former name or former address, if changed since last report)
<PAGE>
ITEM 4.           CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.

                  Effective February 6, 1998, CFI Mortgage Inc. (the "Company")
                  engaged Grant Thornton LLP ("Thornton") as its independent
                  public accountants to audit its financial statements in place
                  of Weinick Sanders Leventhal & Co., LLP (successor to the
                  practice of Martin Leventhal & Company LLP) (the "Former
                  Accountants").

   
                  The report of the Former Accountants on the Company's
                  financial statements for the years ended December 31, 1991
                  through December 31, 1996 did not contain an adverse opinion
                  or a disclaimer of opinion and was not qualified or modified
                  as to uncertainty, audit scope or accounting principles. For
                  the years ended December 31, 1991 through February 6, 1998
                  there were no disagreements between the Company and the Former
                  Accountants with respect to any matters of accounting
                  principles or practices, financial statement disclosure or
                  auditing scope or procedure.
    

                  The decision of the Company to replace the Former Accountants
                  with Thornton as the independent public accountants was
                  unanimously approved by the Board of Directors.

                  The Company has not consulted with Thornton regarding the
                  application of accounting principles or practices to any
                  specific transaction, or the type of audit opinion that might
                  be rendered on the Company's financial statements. Since there
                  was no disagreement between the Company and the Former
                  Accountants on any matter of accounting principles or
                  practices or any reportable events, the Company has not
                  consulted with Thornton regarding any matter that was the
                  subject of a disagreement or a reportable event.

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

         (c)      Exhibits


EXHIBIT NO.       DESCRIPTION OF EXHIBIT

       16         Letter from Weinick Sanders Leventhal & Co., LLP
                  (successor to the practice of Martin Leventhal & Company
                  LLP).
<PAGE>
                                   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.


                                   CFI MORTGAGE INC.



                                   By: /S/ CHRISTOPHER C. CASTORO
                                           Christopher C. Castoro
                                           Chief Executive Officer




   
Dated: February 19, 1998
<PAGE>
                                  EXHIBIT INDEX
    


EXHIBIT NO.        DESCRIPTION OF EXHIBIT

       16          Letter from Weinick Sanders Leventhal & Co., LLP
                   (successor to the practice of Martin Leventhal & Company
                   LLP).


                                                                      EXHIBIT 16

[Letterhead of Weinick Sanders Leventhal & Co., LLP]


   
February 19, 1998
    


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

Ladies and Gentlemen:

         We were previously the independent accountants for CFI Mortgage Inc.
Effective February 6, 1998, we were dismissed as independent accountants of CFI
Mortgage Inc.

   
         We have read CFI Mortgage Inc.'s statements included under Item 4 of
its Form 8-K/A dated February 6, 1998, and we agree with such statements.
    

Very truly yours,

WEINICK SANDERS LEVENTHAL & CO., LLP

By:     /S/ LEON MAZURSKY
        Leon Mazursky, CPA
         Executive Partner


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