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): December 13, 1994
Lomas Financial Corporation
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(Exact name of registrant as specified in its charter)
Delaware 1-6868 75-1043392
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
1600 Viceroy Drive, Dallas, Texas 75235
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (214) 879-4000
None
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(Former name or former address, if changed since last report)
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Lomas Financial Corporation
Form 8-K
Item 5. Other Events.
Pursuant to General Instruction F to Form 8-K, the Registrant
hereby incorporates by reference the press release attached as
Exhibit 1 hereto.
Item 7. Financial Statements and Exhibits.
(a) None.
(b) None.
(c) Exhibits.
1. Press Release of Lomas Financial Corporation dated
December 13, 1994.
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SIGNATURE
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.
LOMAS FINANCIAL CORPORATION
(Registrant)
By: /S/GARY WHITE
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Gary White
Senior Vice President and
Controller
Date: December 14, 1994
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INDEX TO EXHIBITS
Exhibit No. Description Page No.
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1 Press Release of Lomas Financial 5
Corporation dated December 13, 1994
Exhibit 1
FOR IMMEDIATE RELEASE Contacts: Bert Byerley
- --------------------- 214/879-5588
Gary White
214/879-5540
LOMAS FINANCIAL CORPORATION
NAMES ERIC BOOTH CHIEF EXECUTIVE OFFICER
DALLAS--December 13, 1994--Lomas Financial Corporation
(NYSE: LFC) today announced the appointment of Eric D. Booth as its
President and Chief Executive Officer. Mr. Booth also was elected to
the Company's Board of Directors.
Mr. Booth most recently served as the Chief Executive Officer
of Independence One Mortgage, the mortgage banking subsidiary of
Michigan National Corporation ("MNC"), and before that as the Chief
Financial Officer of MNC, where he was responsible for the acquisition
and divestiture program, including the recent sale of Independence One
Mortgage to Norwest Mortgage, Inc. Prior to joining MNC, Mr. Booth
served as Chief Control Officer of Lomas Mortgage USA from 1984 to
1986.
Mark M. Feldman, Chairman of Lomas' Executive Committee and a
member of its Search Committee, said that he was pleased at the choice
of Mr. Booth and added: "Eric is a talented and highly motivated
executive whose abilities to control costs and manage transactions are
well-documented. I've known him since the late-1970s when he was the
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Exhibit 1
(Continued)
LOMAS FINANCIAL CORPORATION -2- December 13, 1994
Chief Financial Officer of Advance Mortgage Company, a highly
successful leveraged buyout of Oppenheimer & Co., Inc. He is ideally
suited to lead Lomas."
Mr. Booth succeeds Jess Hay who in August 1994 announced his
intention to retire at the end of calendar 1994 after a 30-year tenure
as Lomas' Chief Executive Officer. Mr. Hay said, "We are delighted
with the selection of Eric Booth. He is an outstanding mortgage banker
and is widely respected throughout our industry. He is well and
favorably known to Lomas and will be a tremendous asset to the Company
as it moves into the future."
The Company also announced the appointment of Robert Denton as
Executive Vice President. Mr. Denton has worked with Mr. Booth in
various capacities since the late-1970s.
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