<PAGE>
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940.
1.NAME AND ADDRESS OF REPORTING PERSON 2.ISSUER NAME AND TICKER OR TRADING
Ziroli, Clement SYMBOL
3230 Fallow Field Drive First Mortgage Corporation (FMOR)
Diamond Bar, CA 91765
3.IRS OR SOCIAL SECURITY NUMBER OF 4.STATEMENT FOR MONTH/YEAR
REPORTING PERSON (VOLUNTARY) July 1997
n/a
5.IF AMENDMENT, DATE OF ORIGINAL 6.RELATIONSHIP OF REPORTING PERSON
(MONTH/YEAR) PERSON TO ISSUER (CHECK ALL
n/a APPLICABLE)
Director
Officer - Chairman of the Board
Chief Executive Officer
10% Owner
<TABLE>
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
OWNED.
<CAPTION>
1.TITLE OF 2.TRANSACTION 3.TRANSACTION 3.TRANSACTION 4.SECURITIES 4.SECURITIES 4.SECURITIES 5.AMOUNT OF 6.OWNERSHIP 7.NATURE
SECURITY DATE CODE CODE ACQUIRED ACQUIRED ACQUIRED SECURITIES FORM: OF IN-
(INSTR.3) MONTH/DAY (INSTR.8) (INSTR.8) (A) OR (A) OR OR (A) OR BENEFICIALLY DIRECT OR DIRECT
YEAR DISPOSED DISPOSED DISPOSED OWNED AT INDIRECT BENE-
OF (D) OF (D) OF (D) END OF (I) FICIAL
(INSTR.3, (INSTR.3, (INSTR.3, MONTH (INSTR.4) OWNER-
4, AND 5) 4, AND 5) 4, AND 5) (INSTR.3 SHIP
AND 4) (INSTR.4)
CODE V AMOUNT (A) OR (D) PRICE
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON BY FIN-
STOCK 7/30/97 P 3481 A 3.75 3,328,532 I WEST GROUP
COMMON BY FIN-
STOCK 7/30/97 P 1 A 3.75 1,148 I WEST GROUP
THROUGH
SPOUSE
</TABLE>
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
[CAPTION]
n/a