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): June 30, 2001

                    Friedman, Billings, Ramsey Group, Inc.
            (Exact name of Registrant as specified in its charter)

001-13731
(Commission File Number)


Virginia                                               54-1870350
(State or other jurisdiction of                        (I.R.S. Employer
incorporation or organization)                         Identification No.)


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 9.

     On July 26, 2001,  Friedman,  Billings,  Ramsey Group,  Inc. issued a press
release  reporting its earnings for the second quarter 2001. A copy of the press
release  was  filed on Form 8-K on July 26,  2001.  Friedman,  Billings,  Ramsey
Group, Inc. is supplementing the financial information contained in the July 26,
2001 press release by furnishing the following Long-Term Investment Matrix As of
June 30, 2001.

     The following Exhibit is furnished as part of this report:

     99.1 Friedman,  Billings, Ramsey Group, Inc. Long Term Investment Matrix As
          of June 30, 2001



                                   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.

                             By: /s/ Emanuel J. Friedman
                             Chief Executive Officer