SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                     FORM 15

      Certification and Notice of Termination of Registration under Section
       12(g) of the Securities Exchange Act of 1934 or Suspension of Duty
          to File Reports Under Sections 13 and 15(d) of the Securities
                              Exchange Act of 1934.
                        Commission File Number 333-44585
                        --------------------------------

                         First Alliance Mortgage Company
                         -------------------------------
             on behalf of First Alliance Mortgage Loan Trust 1998-4
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

          17305 Von Karman Avenue, Irvine, CA 92614-6203 (949) 224-8500
          -------------------------------------------------------------
       (Address, including zip code, and telephone number, including area
               code, of registrant's principal executive offices)

                            See schedule "A" attached
                            -------------------------
            (Title of each class of securities covered by this Form)

                                      None
                                      ----
       (Titles of all other classes of securities for which a duty to file
                 reports under section 13 (a) or 15(d) remains)

         Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

         Rule 12g-4(a)(1)(i)    [   ]       Rule 12h-3(b)(1)(ii)   [   ]
         Rule 12g-4(a)(1)(ii)   [   ]       Rule 12h-3(b)(2)(i)    [   ]
         Rule 12g-4(a)(2)(i)    [   ]       Rule 12h-3(b)(2)(ii)   [   ]
         Rule 12g-4(a)(2)(ii)   [   ]       Rule 15d-6             [ X ]

         Approximate number of holders of record as of the certification or
notice date:

         Pursuant to the requirements of the Securities Exchange Act of 1934
(Name of registrant as specified in charter) has caused this
certification/notice to be signed on its behalf by the undersigned duly
authorized person.

DATE:   January 21, 1999             BY:/S/ Francisco Nebot 
     ----------------------             ----------------------------------------
                                        Francisco Nebot,  Executive V.P. and CFO

Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 of the
General Rules and Regulations under the Securities Exchange Act of 1934. The
registrant shall file with the Commission three copies of Form 15, one of which
shall be manually signed. It may be signed by an officer of the registrant, by
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.






                              Schedule A to Form 15
                              ---------------------



                                                      Number of Holders of
Title of Security                                     Record as of Jan. 20, 1999
- -----------------                                     --------------------------


Mortgage Loan Trust 1998-4:
         Class A-1 Fixed Rate Certificates                       1
         Class A-2 Variable Rate Certificates                    1