SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549



                            FORM 8-K


                                

             PURSUANT TO SECTION 13 OR 15(d) OF THE 
                 SECURITIES EXCHANGE ACT OF 1934


                         Date of Report 
                      September 12, 1996



                        MARKET DATA CORP.
     (Exact name of registrant as specified in its charter)


      TEXAS                33-22264-FW         76-0252235
(State or jurisdiction    (Commission        (I.R.S. Employer     
of incorporation)          File Number)      Identification No.) 

      
14505 TORREY CHASE BLVD. SUITE 410, HOUSTON, TX        77014
(Address of principal executive offices)               (Zip Code)


Registrant's telephone number, including area code (713) 586-8686




















Item 4.    Change in CPA Firm

     1.  On September 12, 1996, Market Data Corp. (MDC) appointed
Michael B. Johnson & Co., P.C. as the company's outside auditors. 
The reason for the change was to bring in an audit firm that is
knowledgeable of SEC auditing and filing requirements and is also
knowledgeable in the auditing of mortgage companies under HUD
regulations (Michael B. Johnson & Co., P.C., Certified Public
Accountants, 9175 E. Kenyon Ave., Suite 200, Denver, Colorado
80237.)  Audits of both Renet Financial Corporation and Market
Data Corp. are in process.

Item 5.     Other Items

    2.  Renet Financial Corporation, MDC's wholly owned
subsidiary, had its FHA Title I lender approval restored upon
review by HUD's Lender Approval and Recertification Division. 
(Effective August 29, 1996) Renet Financial Corp.'s Title II
review is still pending.  

                           Signatures

Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.


                                   Market Data Corp
                                   (Registrant)

9/12/96                            Michael Pope
Date                               (Signature)

9/12/96                            Philip LaPuma
Date                               (Signature)