-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, jNSM/WTPWj0c4J61pM8tJUEtZrwn7mIUBT+TmvNBDyCCIMU4E3uCzhcfeZJb27Pp 4079H4gGs6EUY4KmFFLHKw== 0000060150-95-000001.txt : 19950608 0000060150-95-000001.hdr.sgml : 19950608 ACCESSION NUMBER: 0000060150-95-000001 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950130 ITEM INFORMATION: Changes in registrant's certifying accountant FILED AS OF DATE: 19950130 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOMAS FINANCIAL CORP CENTRAL INDEX KEY: 0000060150 STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162] IRS NUMBER: 751043392 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06868 FILM NUMBER: 95503972 BUSINESS ADDRESS: STREET 1: 1600 VICEROY DR 8TH FLOOR CITY: DALLAS STATE: TX ZIP: 75235 BUSINESS PHONE: 2148794000 MAIL ADDRESS: STREET 1: 1600 VICEROY DR STREET 2: 8TH FLOOR CITY: DALLAS STATE: TX ZIP: 75235 FORMER COMPANY: FORMER CONFORMED NAME: LOMAS & NETTLETON FINANCIAL CORP DATE OF NAME CHANGE: 19881030 8-K 1 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): January 24, 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 4. Changes in Registrant's Certifying Accountant. (a) 1. Ernst & Young LLP was dismissed effective as of January 24, 1995 as the Registrant's independent auditors. The Registrant was satisfied with the accounting and audit services performed by Ernst & Young LLP. The decision to change auditors was based on economic considerations as part of the Registrant's ongoing cost reduction efforts. In order to reach this decision, between November 1, 1994 and January 24, 1995 management obtained proposals for accounting and audit services from several accounting firms, including Ernst & Young LLP. These firms were allowed to review the Registrant's financial statements and accounting policies and principles. 2. The Ernst & Young LLP reports dated August 27, 1993 and September 22, 1994 on the Registrant's consolidated financial statements for the two fiscal years ended June 30, 1993 and June 30, 1994, did not contain an adverse opinion or a disclaimer of opinion, nor was any such report qualified or modified as to uncertainty, audit scope, or accounting principles. 3. On January 24, 1995, the decision to change independent auditors was recommended by the Audit Committee of the Registrant's Board of Directors to the Registrant's Board of Directors and approved by the Registrant's Board of Directors. 4. During the two fiscal years ended June 30, 1993 and June 30, 1994, and through the date of dismissal of Ernst & Young LLP, there were no disagreements between the Registrant and Ernst & Young LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreement(s), if not resolved to the satisfaction of Ernst & Young LLP, would have caused it to make reference to the subject matter of the disagreement(s) in connection with its report. 5. No reportable event described in paragraph (a)(1)(v) of Item 304 of Regulation S-K has occurred during the Registrant's two fiscal years ended June 30, 1993 and June 30, 1994, and through the date of dismissal of Ernst & Young LLP. (b) On January 30, 1995, the Registrant engaged KPMG Peat Marwick LLP as its independent auditors. During the Registrant's two fiscal years ended June 30, 1993 and June 30, 1994 and the fiscal quarter ended September 30, 1994, and through the date of engagement of KPMG Peat Marwick LLP, neither the Registrant (nor someone on its behalf) consulted with KPMG Peat Marwick LLP regarding any of the matters specified in Item 304(a)(2) of Regulation S-K. The Registrant has requested Ernst & Young LLP to furnish the Registrant with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements. A copy of that letter, dated January 30, 1995 is filed as Exhibit 16 to this Form 8-K. Item 7. Financial Statements and Exhibits. (a) None. (b) None. (c) Exhibits. 16. Letter dated January 30, 1995 from Ernst & Young LLP to the Securities and Exchange Commission regarding change in certifying accountant. 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 Controller Date: January 30, 1995 INDEX TO EXHIBITS Exhibit No. Description Page No. - ----------- ----------- -------- 16 Letter dated January 30, 1995 from 6 Ernst & Young LLP to the Securities and Exchange Commission regarding change in certifying accountant EX-16 2 LETTER Exhibit 16 ERNST & YOUNG LLP Suite 500 Phone: 214 969 8000 2121 San Jacinto Street Dallas, Texas 75201 January 30, 1995 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20549 Gentlemen: We have read Item 4 of Form 8-K dated January 24, 1995 of Lomas Financial Corporation and are in agreement with the statements contained in paragraphs (a)2, 4 and 5. We have no basis to agree or disagree with other statements of the registrant contained in the above-referenced filing. ERNST & YOUNG LLP -----END PRIVACY-ENHANCED MESSAGE-----