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) June 16, 1997.

                                OMI Trust 1996-C
               (Exact name of registrant as specified in charter)


           Pennsylvania                   33-99320               23-2864736
    (State or other jurisdiction        (Commission             (IRS Employer
         of incorporation)              File Number)         Identification No.)

 c/o PNC Bank, National Association
 Corporate Trust Department
 Attention:  Constantine Hromych
 1700 Market Street
 Philadelphia, Pennsylvania                                       19103
 (Address of principal executive offices)                       (Zip Code)


        Registrant's telephone number, including area code (215) 585-8738

 -------------------------------------------------------------------------------
         (Former name or former address, if changed since last report.)








                       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) June 16, 1997.

                                OMI Trust 1996-C
               (Exact name of registrant as specified in charter)


      Pennsylvania                     33-99320              23-2864736
(State or other jurisdiction         (Commission           (IRS Employer
    of incorporation)                File Number)        Identification No.)

c/o PNC Bank, National Association
Corporate Trust Department
Attention:  Constantine Hromych
1700 Market Street
Philadelphia, Pennsylvania                                             19103
          (Address of principal executive offices)                   (Zip Code)


        Registrant's telephone number, including area code (215) 585-8738

 -------------------------------------------------------------------------------
         (Former name or former address, if changed since last report.)







                                OMI Trust 1996-C

                                    Form 8-K


Item 1.  Changes in Control of Registrant.

                  Not Applicable.

Item 2.  Acquisition or Disposition of Assets.

                  Not Applicable.

Item 3.  Bankruptcy or Receivership.

                  Not Applicable.

Item 4.  Changes in Registrant's Certifying Accountant.

                  Not Applicable.

Item 5.  Other Events.

         OMI Trust 1996-C (the "Trust"), the issuer of the Oakwood Mortgage
Investors, Inc. Manufactured Housing Contract Senior/Subordinated Pass-Through
Certificates, Series 1996- C (the "Certificates"), makes monthly distributions
to holders of the Certificates. The latest distribution was made on June 16,
1997. Oakwood Acceptance Corporation, as Servicer for the Trust, has prepared a
monthly Remittance Report and delivered it to the Trustee.

Remittance Report. . . . . . . . . . . . .Exhibit 20.1

Item 6.  Resignations of Registrant's Directors.

                  Not Applicable.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

                  Exhibits

                  20.1 Monthly Remittance Report relating to the Distribution
                  Date occurring on June 16, 1997.

Item 8.  Change in Fiscal Year.

                  Not Applicable.








                                   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 thereunto duly authorized.

                                            OMI TRUST 1996-C, Registrant

                                            By:  Oakwood Acceptance Corporation,
                                                     as servicer


June 23, 1997

                                                     Douglas R. Muir
                                                     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 thereunto duly authorized.

                                            OMI TRUST 1996-C, Registrant

                                            By:  Oakwood Acceptance Corporation,
                                                     as servicer


June 23, 1997                               /s/ DOUGLAS R. MUIR

                                                     Douglas R. Muir
                                                     Vice President















                                INDEX OF EXHIBITS





                                                                                               Page of Sequentially
                                                                                                   Numbered Pages

                                                                                                  
20.1     Monthly Remittance Report relating to Distribution
         Date occurring on June 16, 1997.............................................................. 5-10












                                INDEX OF EXHIBITS





                                                                                               Page of Sequentially
                                                                                                   Numbered Pages

                                                                                                  
20.1     Monthly Remittance Report relating to Distribution
         Date occurring on June 16, 1997..................................................................