================================================================================ 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): JULY 17, 2002 DOWNEY FINANCIAL CORP. (Exact name of registrant as specified in its charter) DELAWARE 33-0633413 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification number) COMMISSION FILE NUMBER: 1-13578 3501 JAMBOREE ROAD NEWPORT BEACH, CALIFORNIA 92660 (Address of principal executive offices and zip code) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (949)854-0300 ITEM 5. OTHER EVENTS. On July 17, 2002, Downey Financial Corp. issued a press release reporting its results of operations during the three and six months ended June 30, 2002. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits 99.1 Press release dated July 17, 2002 reporting results of operations during the three and six months ended June 30, 2002. 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. DOWNEY FINANCIAL CORP. Date: July 17, 2002 By /s/ Thomas E. Prince ---------------------------- Thomas E. Prince Executive Vice President and Chief Financial Officer