UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

 

 

Accredited Home Lenders Holding Co.

(Name of Issuer)

 

 

Common Stock, $0.001 par value

(Title of Class of Securities)

 

 

00437P107

(CUSIP Number)

 

 

October 11, 2007

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 00437P107

 

1.		Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).               James A. Konrath
2.		Check the Appropriate Box if a Member of a Group (See Instructions) (a)  ¨ (b)  ¨
3.		SEC Use Only
4.		Citizenship or Place of Organization               United States

Number of   Shares   Beneficially   Owned by   Each   Reporting   Person   With		5.    Sole Voting Power                   0
		6.    Shared Voting Power                   none
		7.    Sole Dispositive Power                   0
		8.    Shared Dispositive Power                   none

9.		Aggregate Amount Beneficially Owned by Each Reporting Person               0
10.		Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)		¨
11.		Percent of Class Represented by Amount in Row (9)               0.0%
12.		Type of Reporting Person (See Instructions)               IN

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Item 1.

(a)

Name of Issuer

Accredited Home Lenders Holding Co.

(b)

Address of Issuer’s Principal Executive Offices

15253 Avenue of Science, San Diego, CA 92128

Item 2.

(a)

Name of Person Filing

This statement is filed on behalf of James A. Konrath, individual

(b)

Address of Principal Business Office or, if none, Residence

Same as Issuer’s Principal Executive Offices above in 1(b)

(c)

Citizenship

James A. Konrath: United States

(d)

Title of Class of Securities

Common Stock, par value $0.001 per share

(e)

CUSIP Number

00437P107

Item 3.

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

¨

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

¨

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

¨

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

¨

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

(e)

¨

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

¨

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

¨

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

¨

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

¨

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

¨

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

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Item 4.		Ownership.
		(a)		Amount beneficially owned: 0
		(b)		Percent of class: 0%.
		(c)		Number of shares as to which the person has:
				(i)		Sole power to vote or to direct the vote 0
				(ii)		Shared power to vote or to direct the vote none
				(iii)		Sole power to dispose or to direct the disposition of 0
				(iv)		Shared power to dispose or to direct the disposition of none
Item 5.		Ownership of Five Percent or Less of a Class
		If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  x.
Item 6.		Ownership of More than Five Percent on Behalf of Another Person.
		N/A
Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
		N/A
Item 8.		Identification and Classification of Members of the Group
		N/A
Item 9.		Notice of Dissolution of Group
		N/A
Item 10.		Certification
		N/A

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.