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): October 30, 1995



                   Lomas Financial Corporation
     ------------------------------------------------------
     (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.)
    incorporation)



           1600 Viceroy Drive, Dallas, Texas     75235
      ----------------------------------------------------
      (Address of principal executive offices)  (Zip Code)


Registrant's telephone number, including area code:  (214) 879-4000



                              None
  -------------------------------------------------------------
  (Former name or former address, if changed since last report)

<PAGE>
                   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 The New York Stock Exchange
               regarding Lomas Financial Corporation dated
               October 30, 1995.
<PAGE>
                            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                  
                                  -------------------------------
                                  Gary White
                                  Senior Vice President and
                                    Chief Financial Officer



Date:  October 31, 1995



<PAGE>
                        INDEX TO EXHIBITS


Exhibit No.                    Description                Page No.
- -----------                    -----------                --------

     1            Press Release of The New York Stock         5
                  Exchange regarding Lomas Financial
                  Corporation dated October 30, 1995
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 2686}]
{"company-data": {"conformed-name": "LOMAS FINANCIAL CORP", "cik": "0000060150", "assigned-sic": "6162", "irs-number": "751043392", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-06868", "film-number": "95585879"}, "business-address": {"street1": "1600 VICEROY DR 8TH FLOOR", "city": "DALLAS", "state": "TX", "zip": "75235", "phone": "2148794000"}, "mail-address": {"street1": "1600 VICEROY DR", "street2": "8TH FLOOR", "city": "DALLAS", "state": "TX", "zip": "75235"}, "former-company": {"former-conformed-name": "LOMAS & NETTLETON FINANCIAL CORP", "date-changed": "19881030"}}
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): October 30, 1995

                   Lomas Financial Corporation
     ------------------------------------------------------
     (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.)
    incorporation)

           1600 Viceroy Drive, Dallas, Texas     75235
      ----------------------------------------------------
      (Address of principal executive offices)  (Zip Code)

Registrant's telephone number, including area code:  (214) 879-4000

                              None
  -------------------------------------------------------------
  (Former name or former address, if changed since last report)
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 The New York Stock Exchange
               regarding Lomas Financial Corporation dated
               October 30, 1995.
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                  
                                  -------------------------------
                                  Gary White
                                  Senior Vice President and
                                    Chief Financial Officer

Date:  October 31, 1995
INDEX TO EXHIBITS

Exhibit No.                    Description                Page No.
- -----------                    -----------                --------

     1            Press Release of The New York Stock         5
                  Exchange regarding Lomas Financial
                  Corporation dated October 30, 1995