SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-A

FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES
PURSUANT TO SECTION 12(B) OR (G) OF THE
SECURITIES EXCHANGE ACT OF 1934

AMERICA FIRST MORTGAGE
INVESTMENTS, INC.
(Exact Name of Registrant as Specified in its Charter)

           MARYLAND                 13-3974868
   (State of Incorporation)         (I.R.S. Employer Identification Number)

  399 PARK AVENUE, 19TH FLOOR
      NEW YORK, NEW YORK
(Address of Principal Executive     10022
           Offices)                 (Zip Code)

If this form relates to the registration of a                    If this form relates to the registration of a class
class of securities pursuant to Section 12(b)                    of securities pursuant to Section 12(g) of the
of the Exchange Act and is effective pursuant                    Exchange Act and is effective pursuant to General
to General Instruction A.(c), check the                          Instruction A.(d), check the following box.  <square>
following box.      <checked-box>

Securities Act registration statement File number to which this form relates:

SECURITIES TO BE REGISTERED PURSUANT TO SECTION 12(B) OF THE ACT:

TITLE OF EACH CLASS                 NAME OF EACH EXCHANGE ON WHICH
TO BE SO REGISTERED                 EACH CLASS IS TO BE REGISTERED
___________________                 ______________________________


COMMON STOCK,                       NEW YORK STOCK EXCHANGE
PAR VALUE $.01 PER SHARE

SECURITIES TO BE REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:

NONE

Page 1 of 3 sequentially numbered pages.



ITEM 1. DESCRIPTION OF THE REGISTRANT'S SECURITIES TO BE REGISTERED.

The description of the Registrant's securities being registered hereby is contained in the Registrant's Registration Statement on Form S-4 (File No. 333-46179), as amended by Amendment No. 1 dated February 13, 1998, and is incorporated herein by this reference.

ITEM 2. EXHIBITS.

None.

2

SIGNATURE

Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the Registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereto duly authorized.

AMERICA FIRST MORTGAGE INVESTMENTS, INC.

                         By: /S/ STEWART ZIMMERMAN
                            ____________________________________________
                            Name: Stewart Zimmerman
                            Title: President and Chief Executive Officer

Date: March 26, 1998