INVG MORTGAGE SECURITIES CORP /DE/
8-K, 1995-10-13
REAL ESTATE INVESTMENT TRUSTS
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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):  September 7, 1995
                                     
                      INVG Mortgage Securities Corp.
           -----------------------------------------------------
          (Exact name of Registrant as specified in its Charter)

     Maryland                     0-14447                    13-3397560
- -----------------              -------------            ------------------
(State or other                (Commission                (IRS Employer
 jurisdiction of                File Number)            Identification No.)
  incorporation)

         Meadow Wood Crown Plaza, 1575 Delucchi Lane, Suite 115-20
                           Reno, Nevada    89502
- --------------------------------------------------------------------------
           (Address of principal executive offices and Zip Code)


     Registrant's telephone number, including area code (702) 828-5405
                                     
<PAGE>
Item 4.   Changes in Registrant's Certifying Accountant
          ---------------------------------------------

   (a)    On September 7, 1995, the Board of Directors of Registrant
          appointed Coopers & Lybrand LLP as independent auditors of
          Registrant for the fiscal year ending December 31, 1995, subject
          to confirmation by the shareholders of Registrant.  See the
          Current Report of Registrant on Form 8-K for August 17, 1995
          which reported the dismissal of Registrant's previous independent
          auditors.

                                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 hereunto duly authorized.

                                   INVG Mortgage Securities Corp.

Date:  October 13, 1995              By:  /s/ Robert E. Greeley
      -------------------                -------------------------------
                                              Robert E. Greeley
                                              Chairman




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