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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): February 23, 2009

FRIEDMAN, BILLINGS, RAMSEY GROUP, INC.

(Exact n am e of Re gistran t as spe cifie d in its ch arte r)

Virginia 54-1873198 000-50230

(State or O the r Ju risdiction (I.R.S . Em ploye r Ide n tification No.) (C om m ission File Nu m be r)
of In corporation or O rgan iz ation)

1001 Nineteenth Street North

Arlington, VA 22209
(Addre ss of prin cipal e xe cu tive office s) (Zip code )

(703) 312-9500
(Re gistran t’s te le ph on e n u m be r inclu ding are a code )

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:

® Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

® Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

® Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

® Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 7.01. Regulation FD Disclosure.

On February 23, 2009, Friedman, Billings, Ramsey Group, Inc. (the “Company”) issued a press release announcing, among other things,
that it intends to begin doing business under a fictitious name, Arlington Asset Investment Corporation, and it will seek approval from
shareholders at its next annual shareholders meeting in June 2009 to amend its charter to change the Company’s corporate name from
“Friedman, Billings, Ramsey Group, Inc.” to “Arlington Asset Investment Corporation.” A copy of the press release is furnished herewith as
Exhibit 99.1 and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits
99.1 – Press release issued by Friedman, Billings, Ramsey Group, Inc. on February 23, 2009.

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SIGNATURE

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

FRIEDMAN, BILLINGS, RAMSEY GROUP, INC.

Date: February 23, 2009 By: /s/ J. Rock Tonkel, Jr.

J. Rock Tonkel, Jr.
President and Chief Operating Officer

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Exhibit 99.1

LOGO

Contacts:
Media: 703.469.1004 or media@fbr.com
Investors: Kurt Harrington at 703.469.1080 or ir@fbr.com

Friedman, Billings, Ramsey Group, Inc. Initiates Name Change

Name to be changed to Arlington Asset Investment Corporation

ARLINGTON, VA, February 23, 2009 – Friedman, Billings, Ramsey Group, Inc. (NYSE: FBR) (“The Company”) announced today that it
intends to change its corporate name to Arlington Asset Investment Corporation. The Company will begin doing business under its new name
immediately and will seek approval from shareholders to amend its charter to reflect the name change at its next annual shareholders meeting in
June 2009. The Company will continue to be led by its existing management team.

“We believe this is a logical step for the organization,” said Eric Billings, Chairman and Chief Executive Officer. “The new name more clearly
distinguishes the company from FBR Capital Markets (NASDAQ: FBCM).”

The Company has notified the New York Stock Exchange of the name change. The Company has requested a new ticker from the NYSE and
expects to gain approval and begin trading under a new symbol within the next 60 days.

Friedman, Billings, Ramsey Group, Inc. (NYSE: FBR) is a real estate investment trust headquartered in the Washington, D.C. metropolitan
area. For more information, please visit www.fbr.com.

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