SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

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                                   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) August 15, 1998.
                                                         ---------------

                                OMI Trust 1998-A
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               (Exact name of registrant as specified in charter)


         Pennsylvania               333-31441               23-2952445
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       (State or other jurisdiction  (Commission           (IRS Employer
        of incorporation)            File Number)       Identification No.)

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


        Registrant's telephone number, including area code (215) 585-8872
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           (Former name or former address, if changed since last report.)





                               OMI TRUST 1998-A

                                   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 1998-A (the "Trust"), the issuer of the Oakwood Mortgage
Investors, Inc. Manufactured Housing Contract Senior/Subordinated Pass-Through
Certificates, Series 1998-A (the "Certificates"), makes monthly distributions to
holders of the Certificates. The latest distribution was made on August 15,
1998. 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 August 15, 1998.

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 1998-A, Registrant

                          By:  Oakwood Acceptance Corporation,
                                   as servicer


August 23, 1998                     /s/ DOUGLAS R. MUIR
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                                      Douglas R. Muir
                                      Vice President













                                INDEX OF EXHIBITS

                                                          Page of Sequentially
                                                              Numbered Pages
                                                          ---------------------

20.1  Monthly Remittance Report relating to Distribution
      Date occurring on August 15, 1998.......................... 5-10