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                                  UNITED STATES
                       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):    MAY 27, 2003


                           FREMONT GENERAL CORPORATION
             (Exact Name of Registrant as Specified in Its Charter)

                                     NEVADA
                 (State or Other Jurisdiction of Incorporation)


         1-8007                                          95-2815260
(Commission File Number)                    (I.R.S. Employer Identification No.)

         2020 SANTA MONICA BOULEVARD - SUITE 600 SANTA MONICA, CA 90404
               (Address of Principal Executive Offices) (Zip Code)

                                 (310) 315-5500
              (Registrant's Telephone Number, Including Area Code)

                                       N/A
          (Former Name or Former Address, if Changes Since Last Report)





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<PAGE>



     ITEM  5.    OTHER EVENTS

     On May 27, 2003,  Fitch  Ratings  upgraded  Fremont  General  Corporation's
     senior debt rating to CCC+ (from  CCC-) and moved its rating  outlook  from
     "Evolving" to "Stable".



                                       2

<PAGE>


                                   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 thereunto duly authorized.




                                       FREMONT GENERAL CORPORATION


     Date:  May 30, 2003               BY: /s/       Patrick E. Lamb
                                       -----------------------------------------
                                       Patrick E. Lamb, Senior Vice President,
                                       Controller and Chief Accounting Officer



                                       3
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{"company-data": {"conformed-name": "FREMONT GENERAL CORP", "cik": "0000038984", "assigned-sic": "6022", "irs-number": "952815260", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-08007", "film-number": "03726830"}, "business-address": {"street1": "2020 SANTA MONICA BLVD", "street2": "STE 600", "city": "SANTA MONICA", "state": "CA", "zip": "90404", "phone": "3103155500"}, "mail-address": {"street1": "2020 SANTA MONICA BLVD", "city": "SANTA MONICA", "state": "CA", "zip": "90404"}}
================================================================================

                                  UNITED STATES
                       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):    MAY 27, 2003

                           FREMONT GENERAL CORPORATION
             (Exact Name of Registrant as Specified in Its Charter)

                                     NEVADA
                 (State or Other Jurisdiction of Incorporation)

         1-8007                                          95-2815260
(Commission File Number)                    (I.R.S. Employer Identification No.)

         2020 SANTA MONICA BOULEVARD - SUITE 600 SANTA MONICA, CA 90404
               (Address of Principal Executive Offices) (Zip Code)

                                 (310) 315-5500
              (Registrant's Telephone Number, Including Area Code)

                                       N/A
          (Former Name or Former Address, if Changes Since Last Report)

================================================================================
ITEM  5.    OTHER EVENTS

     On May 27, 2003,  Fitch  Ratings  upgraded  Fremont  General  Corporation's
     senior debt rating to CCC+ (from  CCC-) and moved its rating  outlook  from
     "Evolving" to "Stable".

                                       2
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 thereunto duly authorized.

                                       FREMONT GENERAL CORPORATION

     Date:  May 30, 2003               BY: /s/       Patrick E. Lamb
                                       -----------------------------------------
                                       Patrick E. Lamb, Senior Vice President,
                                       Controller and Chief Accounting Officer

                                       3