RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 1995-11-22
ASSET-BACKED SECURITIES
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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: November 21, 1995
(Date of earliest event reported)



    Residential Funding Mortgage Securities I, Inc.
(Exact name of registrant as specified in its charter)


Delaware               33-54227              75-2006294
(State or             (Commission      (I.R.S. Employer
Other Jurisdiction   File Number)   Identification No.)
of Incorporation

8400 Normandale Lake Blvd., Suite 600, Minneapolis,  Minnesota
                                                  55437
        (Address of Principal Executive Office)(Zip Code)


Registrant's telephone number, including area         
code:(612) 832-7000


Item 5.   Other Events.


          On November 29, 1995, the Registrant expects
     to cause the issuance and sale of Mortgage Pass-
     Through Certificates, Series 1995-S17 (the
     "Certificates") pursuant to a Pooling and
     Servicing Agreement to be dated as of November 1,
     1995, among the Registrant, Residential Funding
     Corporation, as Master Servicer, and Bankers Trust
     Company, as Trustee.

          In connection with the expected sale of the
     Series 1995-S17, Class A-1, Class A-2, Class A-3,
     Class A-4, Class A-5, Class A-6, Class A-7, Class
     A-8, Class A-9, Class A-10, Class R and Class M-3
     Certificates (the "Donaldson, Lufkin & Jenrette
     Underwritten Certificates") and the Class M-1 and
     M-2 Certificates (the "Residential Funding
     Securities Corporation Underwritten Certificates",
     which together with the Donalson, Lufkin &
     Jenrette Underwritten Certificates are hereinafter
     refered to collectively as the "Underwritten
     Certificates"),  the Registrant has been advised
     by Donaldson, Lufkin & Jenrette Securities
     Corporation and Residential Funding Securities
     Corporation (collectively the "Underwriters"),
     that the Underwriters have furnished to
     prospective investors certain yield/price tables
     and other computational materials (the
     "Computational Materials") with respect to the
     Underwritten Certificates following the effective
     date of the related Registration Statement, which
     Computational Materials are being filed manually
     as an exhibit to this report.

          The Computational Materials have been
     provided by the Underwriter.  The information in
     the Computational Materials is preliminary and may
     be superseded by the Prospectus Supplement
     relating to the Certificates and by any other
     related information subsequently filed with the
     Securities and Exchange Commission.

          The Computational Materials consist of the
     first 36 pages that appear after the Form SE cover
     sheet and the page headed "NOTICE" and supersedes
     all related Computational Materials previously
     provided by the Underwriter.

          The Computational Materials were prepared by
     the Underwriter at the request of certain
     prospective investors, based on assumptions
     provided by, and satisfying the special
     requirements of, such investors.  The
     Computational Materials may be based on
     assumptions that differ from the assumptions set
     forth in the related Prospectus Supplement.  The
     Computational Materials may not include, and do
     not purport to include, information based on
     assumptions representing a complete set of
     possible scenarios.  Accordingly, the
     Computational Materials may not be relevant to, or
     appropriate for, investors other than those
     specifically requesting them.

          In addition, the actual characteristics and
     performance of the Mortgage Loans underlying the
     Certificates may differ from the assumptions used
     in the Computational Materials, which are
     hypothetical in nature and which were provided to
     certain investors only to give a general sense of
     how the yield, average life, duration, expected
     maturity, interest rate sensitivity and cash flow
     characteristics of a particular class of
     Underwritten Certificates may very under varying
     prepayment and other scenarios. Any difference
     between such assumptions and the actual
     characteristics and performance of the Mortgage
     Loans will affect the actual yield, average life,
     duration, expected maturity, interest rate
     sensitivity and cash flow characteristics of a
     particular class of Underwritten Certificates.



Item 7.   Financial Statements, Pro Forma Financial
          Information and Exhibits


     (a)  Financial Statements.

          Not applicable.

     (b)  Pro Forma Financial Information.

          Not applicable.

     (c)  Exhibits


               Item 601(a) of
               Regulation S-K
Exhibit No.    Exhibit No.             Description
1                  99           Computational Materials


     Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused
this report to be signed on behalf of the Registrant by
the undersigned thereunto duly authorized.


                         [RESIDENTIAL FUNDING MORTGAGE
                         SECURITIES I, INC.]

                         By: /s/ Jill M. Johnson       
                         Name:   Jill M. Johnson
                         Title:  Vice President




Dated: [Date]
                     EXHIBIT INDEX


          Item 601 (a) of   Sequentially
Exhibit   Regulation S-K    Numbered
Number    Exhibit No.       Description        Page    

1              99          Computational      Filed     
                           Materials         Manually


                      EXHIBIT 1 

                (Intentionally Omitted)
 
                        NOTICE


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