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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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OCTOBER 2, 1998
Date of report (Date of earliest event reported)
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Commission File Number: 0-22271
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CFI MORTGAGE INC.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or jurisdiction of
incorporation or organization)
580 VILLAGE BLVD, SUITE 120
WEST PALM BEACH, FL 33409
(Address of principal executive office)
(IRS Employer Identification Number)
Telephone Number: (561) 687-1595
(Registrant's telephone number, including area code)
(Former name, former address and former fiscal year,
if changed since last report)
Indicate by check mark whether the registrant has (1) filed all reports
required to be filed by Section 13 or 15(d) of the Securities Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to filing requirements
within the past 90 days.
Yes _X_ No___
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ITEM 4. CHANGE IN CERTIFYING ACCOUNTANT
The certifying accountant for CFI Mortgage Inc.'s financial statements for the
fiscal year ending December 31, 1997 was Grant Thornton LLP ("Grant").
Grant advised CFI Mortgage Inc. on October 2, 1998, (via letter dated October 1,
1998) that the client-auditor relationship had ceased between Grant and CFI
Mortgage Inc. A copy of the Letter of Resignation from Grant to CFI Mortgage
Inc. is attached as Exhibit 16.1.
During the most recent fiscal year ended December 31, 1997, and the period
through October 1, 1998, there have been no disagreements between Grant and CFI
Mortgage on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedures which disagreement, if not
resolved to Grant's satisfaction would have caused them to make reference in
connection with its reports to the subject matter of disagreement. In addition,
Grant's report on CFI's financial statements for said fiscal period contained no
adverse opinion or disclaimers of opinion, nor was such report qualified or
modified as to uncertainty, audit scope or accounting principles.
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The exhibits listed in the accompanying index to exhibits are filed as part of
this report.
EXHIBITS
Exhibit Description
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EX-16.1 Certifying accountant resignation letter
EX-16.2 Letter from resigning accountant RE FORM 8-K, ITEM 4
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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.
Date: October 7, 1998 /s/ Christopher Castoro
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CHRISTOPHER CASTORO
(CEO AND PRINCIPAL EXECUTIVE OFFICER)
Date: October 7, 1998 /s/ Paul R. Garrigues
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PAUL R. GARRIGUES
(CFO AND PRINCIPAL FINANCIAL OFFICER)
GRANT THORNTON LLP
7 HANOVER SQUARE, 6TH FLOOR
NEW YORK, NY 10004-2616
October 1, 1998
Mr. Paul R. Garrrigues
Chief Financial Officer
CFI Mortgage, Inc.
580 Village Blvd., Suite: 120
West Palm Beach, FL 33409
Dear Mr. Garrigues:
This is to confirm that the client-auditor relationship between CFI Mortgage
Inc. (Commission File 0-22271) and Grant Thornton LLP has ceased.
Yours truly,
/s/ Grant Thornton LLP
cc: Office of Chief Accountant
SECPS Letter File
Securities and Exchange Commission
Mail Stop 9-5
450 Fifth Street, N.W.
Washington, D.C. 20549
October 6, 1998
Securities and Exchange Commission
Washington, D.C. 20549
Re: CFI Mortgage, Inc.
File No. 0-22271
Dear Sir or Madam:
We have read Item 4 of the Form 8-K of CFI Mortgage, Inc. dated October
2, 1998 and agree with the statements contained therein.
Very truly yours,
/s/ GRANT THORNTON LLP
