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                                    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):  October 7, 2002


                    FRIEDMAN, BILLINGS, RAMSEY GROUP, INC.
            (Exact name of Registrant as specified in its charter)




   Virginia                      54-1837743                   001-13731
(State or other    (I.R.S. Employer incorporation or    (Commission File Number)
jurisdiction of                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. Regulation FD Disclosure


1. On October 7, 2002  Robert S. Smith,  Chief  Operating  Officer of  Friedman,
Bilings,  Ramsey Group,  Inc. was  interviewed by Dow Jones & Company  regarding
Friedman,  Billings,  Ramsey Group,  Inc.'s third  quarter  2002 performance.
Mr. Smith's statements are attached as Exhibit 99.1. Friedman, Billings, Ramsey
Group, Inc.expects to report third quarter 2002 results after the close of
the market on October 29, 2002.

Ex. 99.1 Statements by Robert S. Smith, COO, Friedman, Billings,
Ramsey Group, Inc. to Dow Jones & Company, October 7, 2002.

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:  October 7, 2002              By: /s/ Emanuel J. Friedman
                                    --------------------------------
                                    Emanuel J. Friedman
                                    Chairman & Co-Chief Executive Officer