OMI TRUST 1997-B
15-15D, 1997-10-30
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                                            --------------------------------
                                                      OMB APPROVAL          
                                            --------------------------------
                                            OMB NUMBER             3235-0167
                                            -------------------------------
                                            EXPIRES:       NOVEMBER 30, 1995
                                            -------------------------------
                                            ESTIMATED AVERAGE BURDEN        
                                            -------------------------------
                                            HOURS PER RESPONSE     .... 1.50
                                            --------------------------------
                                            



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                     FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(G) OF
THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER
SECTIONS 13 AND 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934.

                                              Commission File Number   33-99320
                                                                     ___________


                                OMI Trust 1997-B
     _______________________________________________________________________
             (Exact name of registrant as specified in its charter)

 c/o PNC Bank, National Association, Corporate Trust Department, 
                           Attention: Judy Wisniewske
 ______________________________________________________________________________
       1700 Market Street , Philadelphia, Pennsylvania 19103 (215)585-8872
_______________________________________________________________________________
(Address, including zip code, and telephone number, including area code, of
                   registrant's principal executive offices)

  Manufactured Housing Contract Senior/Subordinated Pass-Through Certificates,
 ______________________________________________________________________________
   Series 1997-B Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class M,
 ______________________________________________________________________________
                             Class B-1 and Class B-2
                       __________________________________

            (Title of each class of securities covered by this Form)

                                      None
  (Titles of all other classes of securities for which a duty to file reports
under section 13(a) or 15(d) remains)


         Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

            Rule 12g-4(a)(1)(i)      [ ]             Rule 12h-3(b)(1)(i)     [X]
            Rule 12g-4(a)(1)(ii)     [ ]             Rule 12h-3(b)(1)(ii)    [ ]
            Rule 12g-4(a)(2)(i)      [ ]             Rule 12h-3(b)(2)(i)     [ ]
            Rule 12g-4(a)(2)(ii)     [ ]             Rule 12h-3(b)(2)(ii)    [ ]
                                                     Rule 15d-6              [X]

 Approximate number of holders of record as of the certification or notice 
                           date: 24__________________

         Pursuant to the requirements of the Securities Exchange Act of 1934,
OMI TRUST 1997-B has caused this certification/notice to be signed on its behalf
by the undersigned duly authorized person.

                By: OAKWOOD MORTGAGE INVESTORS, INC.,as depositor

Date: October 21, 1997
         By: /s/ DOUGLAS R. MUIR

         Name: Douglas R. Muir

         Title: Vice President

Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934. The
registrant shall file with the Commission three copies of Form 15, one of which
shall be manually signed. It may be signed by an officer of the registrant, by
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.



<PAGE>


                        OAKWOOD MORTGAGE INVESTORS, INC.
                                OMI Trust 1997-B
                          Manufactured Housing Contract
                  Senior/Subordinated Pass-Through Certificates
                                  Series 1997-B




         I hereby certify that the following information is correct:



                                                           TOTAL CERTIFICATE-
                                                             HOLDERS AS OF
  SECURITY                            CUSIP #               October 1, 1997
  --------                         ----------              ----------------
  Class A-1                        674135 BY3                            2
  Class A-2                        674135 BZ0                            3
  Class A-3                        674135 CA4                            3
  Class A-4                        674135 CB2                            1
  Class A-5                        674135 CC0                            6
  Class M                          674135 CD8                            2
  Class B-1                        674135 CE6                            6
  Class B-2                        674135 CF3                            1

  Total Certificateholders                                              24






Date: October 21, 1997                    Signed: /s/ DOUGLAS R. MUIR

                                          Title: Vice President



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