<ARTICLE> 5 <CIK> 0000036548 <NAME> FIRST MORTGAGE CORP <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> FEB-28-1999 <PERIOD-END> AUG-31-1999 <CASH> 162,824 <SECURITIES> 0 <RECEIVABLES> 672,922 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 835,746 <PP&E> 2,002 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,135,716 <CURRENT-LIABILITIES> 123,967 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 51,102 <OTHER-SE> 960,647 <TOTAL-LIABILITY-AND-EQUITY> 1,135,716 <SALES> 0 <TOTAL-REVENUES> 142,362 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 55,750 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 86,612 <INCOME-TAX> 29,448 <INCOME-CONTINUING> 57,164 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 57,614 <EPS-BASIC> 0.001 <EPS-DILUTED> 0.001