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:  July 25, 1996
                                          -------------
                       (Date of Earliest Event Reported)



                          CMC SECURITIES CORPORATION II
             -----------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)


        Delaware                  33-56778                  75-2473215
(State of Incorporation)    (Commission File No.)       (I.R.S. Employer
                                                       Identification No.)


                             2711 North Haskell
                                   Suite 900
                                 Dallas, Texas            75204
            ------------------------------------------------------
           (Address of Principal Executive Offices)      (Zip Code)


Registrant's Telephone Number, Including Area Code: (214) 874-2323
                                                    --------------

 
                         CMC SECURITIES CORPORATION II

                                    FORM 8-K



                                     INDEX


 
                                                     Page
                                                     ----
                                               
 
  ITEM NUMBER
 
      Item 5.     Other Events....................................     3
 
      Item 7.     Financial Statements and Exhibits...............     3
 
  SIGNATURES......................................................     3


 
                             ITEM 5. OTHER EVENTS.
                                     ------------ 

  Monthly distributions of principal and interest are made with respect to the
  outstanding Series of CMC Securities Corporation II's REMIC Pass-Through
  Certificates listed below as of the 25th day of each calendar month (each, a
  "Distribution Date").  In connection with each Distribution Date for each
  outstanding Series, the Trustee receives a report (each, a "Collateral Summary
  and Remittance Report") containing certain information regarding remittances
  on the collateral underlying the related Certificates.  Based on such
  information, the Trustee is required to prepare and mail to each
  Certificateholder of each outstanding Series on each Distribution Date a
  statement to certificateholders (each, a "Statement to Certificateholders")
  setting forth certain information regarding the Certificates of such Series as
  of such Distribution Date.  Relevant information contained in the Collateral
  Summary and Remittance Report and Statement to Certificateholders for the July
  25, 1996 Distribution Date for each outstanding Series is summarized and
  included as exhibits to this filing.  Capitalized terms used herein but not
  otherwise defined have the meanings set forth in the applicable Pooling
  Agreement.



     Series Designation         Distribution of Principal and Interest on Series
     ------------------         ------------------------------------------------
                             
       Series 1993-2A                              $977,787.66
       Series 1993-2B                            $3,295,196.50
       Series 1993-2C                            $1,781,725.14
       Series 1993-2D                            $2,062,214.73
       Series 1993-2E                            $2,965,063.01
       Series 1993-2F                            $3,366,444.12
       Series 1993-2G                            $3,121,695.00
       Series 1993-2H                            $2,230,246.87
       Series 1993-2I                            $5,846,130.71
       Series 1995-A                             $6,431,942.63
       Series 1996-A                             $2,867,238.01
       Series 1996-B                             $7,290,144.22
 
 

               ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.
                        ---------------------------------
 
       (c) Exhibits
 
 
 
           Series      Exhibit No.  Description
           ------      -----------  -----------
                               
           All             28.1     Collateral Summary and Remittance Report.
           All             28.2     Summary of Trustee's Reports to Bondholders.


                                   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.

                                CMC SECURITIES CORPORATION II


  August 2, 1996                By: s/s Phillip A. Reinsch
                                --------------------------------------------
                                Phillip A. Reinsch - Vice President

 
                                   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.

                                CMC SECURITIES CORPORATION II


  August 2, 1996                By: /s/  Phillip A. Reinsch  
                                    -----------------------------------
                                    Phillip A. Reinsch - Vice President