<PAGE> 1
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Name of Reporting Person: L. Daniel Rawitch
Address of Reporting Person: 3021 Citrus Circle, Suite 150
Walnut Creek, CA 94598
Issuer Name and Trading Symbol: Finet Holdings Corporation: FNHC
Social Security # (Voluntary):
Statement for Month/Year: 3/99
If Amendment, Date of Original:
Relationship of Reporting Person: Director
Officer
Title: President
Reporting By: One Reporting Person
<TABLE>
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially
Owned
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<CAPTION>
1 2 3 4 5 6
7
- -------- -------- ------ ----------------------- ------------ ------- ----
- ----------
Title Trans- Trans- Securities Acquired (A) Amount Owner-
Nature of
of action action or Disposed of (D) Beneficially ship
Indirect
Security Date Code ----------------------- Owned at End Form
Ownership
Amount A/D Price of Month D/I
- -------- -------- ------ -------- --- -------- ------------ ------- ----
- ----------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Common
Stock 3/17/99 S 12,100 D $2.38
Common
Stock 3/18/99 S 20,000 D $2.31
Common
Stock 3/19/99 S 40,000 D $2.60 874,873 D
</table
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</TABLE>
<TABLE>
Table II Derivative Securities (D/S) Acquired, Disposed of, or Beneficially
Owned
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- ----------------------------------------
<CAPTION>
1 2 3 4 5 6 7
8 9 10 11
- ------ ------ -------- ---- --------------- ------------------- ----------
- ----- ------ --------- ----- -------
Title Conv Trans Tran # D/S Date Expira
Title/Number Price Number Owner Type of
of or Date Code Acquir/Disposed Exercis tion
Underlying of of D/S ship (I)
D/S Exer M/D/Y --------------- able Date
Securities D/S Owned at of Owner
Price (A) (D) M/D/Y M/D/Y Title
Amount Month end D/I ship
- ------ ------ -------- ---- ------- ------- -------- -------- ------ --
- ----- ------ --------- ----- -------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C> <C>
</TABLE>
/s/ L. Daniel Rawitch 4/12/99
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Signature of reporting person Date
