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<P>&nbsp;</P>
<B><P ALIGN="CENTER"><font size="4">FORM 8-K<br>
SECURITIES AND EXCHANGE COMMISSION<br>
</font>
</B>Washington, D.C. 20549</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"><b><font size="2">CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE
<br>
ACT OF 1934</font></b></P>

<P ALIGN="CENTER">Date of Report (date of earliest event reported):&nbsp;  May 2, 2002</P>
<B><P ALIGN="CENTER"><font size="4">FRIEDMAN, BILLINGS, RAMSEY GROUP, INC</font></B><font size="4">.<br>
</font>            (Exact name of Registrant as specified in its charter)</P>

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<P>   <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;   Virginia&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</u>       </TD>
<TD WIDTH="33%" VALIGN="TOP" align="center">
<P>               <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;               54-1837743&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</u>      </TD>
<TD WIDTH="33%" VALIGN="TOP" align="center">
<P>             <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;             001-13731&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</u></TD>
</TR>
<TR><TD WIDTH="33%" VALIGN="TOP" align="center">
<P>(State or other jurisdiction of                organization)</TD>
<TD WIDTH="33%" VALIGN="TOP" align="center">
<P> (I.R.S. Employer incorporation or Identification No.)</TD>
<TD WIDTH="33%" VALIGN="TOP" align="center">
<P>   (Commission File Number)</TD>
</TR>
<TR><TD WIDTH="33%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="33%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="33%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="33%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="33%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="33%" VALIGN="TOP">&nbsp;</TD>
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<P ALIGN="CENTER">1001 Nineteenth Street North<br>
&nbsp;Arlington, VA&nbsp;22209<br>
(Address of principal executive offices) (Zip code)</P>
<P ALIGN="CENTER">(703) 312-9500<br>
(Registrant's telephone number including area code)</P>

<P>&nbsp;</P>
<B><P>Item 5. Other Events and Regulation FD Disclosure</P>

</B>
<P>1. On May 1, 2002, Friedman, Billings, Ramsey Group Inc. issued a press
release announcing its earnings for the 1st quarter 2002.&nbsp; The entire text
of that press release is being filed herewith and attached as Exhibit 99.1</P>

<P>2. On May 2, 2002, Friedman, Billings, Ramsey Group, Inc., held a conference
call announcing its earnings for the 1st quarter 2002.&nbsp; The text of the
prepared statements by Mr. Friedman and Mr. Billings are being filed herewith as
Exhibit 99.2</P>

<P>99.1 Press Release dated May 1, 2002<br>
99.2 Text of conference call prepared statements by Mr. Friedman and Mr.
Billings.</P>

<P><b>SIGNATURE</b></P>
<P>Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly  caused  this  Report  to be signed  on its  behalf by the  undersigned hereunto duly authorized.</P>

<P>&nbsp;</P>
<P align="center"><b>FRIEDMAN, BILLINGS, RAMSEY GROUP, INC.</b></P>

<P>&nbsp;</P>
<P>&nbsp;</P>
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&nbsp;Date:&nbsp;&nbsp;&nbsp;&nbsp; May 2, 2002</TD>
  <TD VALIGN="TOP" width="384">
<P>    By:    /s/ Emanuel J. Friedman</TD>
</TR>
<TR><TD VALIGN="TOP" width="233">
&nbsp;</TD>
  <TD VALIGN="TOP" width="384">
<hr color="#000000" align="left" width="200">
  </TD>
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&nbsp;</TD>
  <TD VALIGN="TOP" width="384">
<P>Emanuel J. Friedman</TD>
</TR>
<TR><TD VALIGN="TOP" width="233">
&nbsp;</TD>
  <TD VALIGN="TOP" width="384">
<P>    Chairman and Co-Chief Executive Officer</TD>
</TR>
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{"company-data": {"conformed-name": "FRIEDMAN BILLINGS RAMSEY GROUP INC", "cik": "0001048750", "assigned-sic": "6211", "irs-number": "541870350", "state-of-incorporation": "VA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-13731", "film-number": "02632303"}, "business-address": {"street1": "1001 19TH STREET N", "city": "ARLINGTON", "state": "VA", "zip": "22209", "phone": "7033129500"}, "mail-address": {"street1": "1001 NINETEENTH ST N", "city": "ARLINGTON", "state": "VA", "zip": "22209"}}
Prepared by E-Services LLC, www.edgar2.net
FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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 2, 2002
FRIEDMAN, BILLINGS, RAMSEY GROUP, INC
.
(Exact name of Registrant as specified in its charter)
Virginia
54-1837743
001-13731
(State or other jurisdiction of                organization)
(I.R.S. Employer incorporation or Identification No.)
(Commission File Number)
1001 Nineteenth Street North
Arlington, VA 22209
(Address of principal executive offices) (Zip code)
(703) 312-9500
(Registrant's telephone number including area code)
Item 5. Other Events and Regulation FD Disclosure
1. On May 1, 2002, Friedman, Billings, Ramsey Group Inc. issued a press
release announcing its earnings for the 1st quarter 2002.  The entire text
of that press release is being filed herewith and attached as Exhibit 99.1
2. On May 2, 2002, Friedman, Billings, Ramsey Group, Inc., held a conference
call announcing its earnings for the 1st quarter 2002.  The text of the
prepared statements by Mr. Friedman and Mr. Billings are being filed herewith as
Exhibit 99.2
99.1 Press Release dated May 1, 2002
99.2 Text of conference call prepared statements by Mr. Friedman and Mr.
Billings.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly  caused  this  Report  to be signed  on its  behalf by the  undersigned hereunto duly authorized.
FRIEDMAN, BILLINGS, RAMSEY GROUP, INC.
Date:     May 2, 2002
By:    /s/ Emanuel J. Friedman
Emanuel J. Friedman
Chairman and Co-Chief Executive Officer