RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 1995-10-16
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:  October 13, 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 Other Juris-       (Commission     (I.R.S. Employer
diction of Incorporation)    File Number)    Identification No.)


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-S18 (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 Trustee to be named.

          In connection with the expected sale of the Series
1995-S18 Certificates, the Registrant has been advised by UBS
(the "Underwriter"), that the Underwriter has furnished to 
prospective investors certain collateral information
with respect to the mortgage loans ("Mortgage Loans") underlying
the proposed offering of the Certificates (the "Collateral Term
Sheets"), which Collateral Term Sheets are being filed manually
as exhibits to this report.

          The Collateral Term Sheets have been provided by the
Underwriter.  The information in the Collateral Term Sheets is
preliminary and will be superseded by the Description of the
Mortgage Pool contained in the Prospectus Supplement relating to
the Certificates and by any other information subsequently filed
with the Securities and Exchange Commission.

          The Collateral Term Sheets consist of the one page
that appears after the Form SE cover sheet and the page headed
"NOTICE" and supersede all collateral information contained in
any Collateral Term Sheets related to the Mortgage Loans
previously provided by the Underwriter.

          The Collateral Term Sheets were prepared by the
Underwriter at the request of certain prospective investors. 
The Collateral Term Sheets may be based on information that
differs from the information set forth in the Prospectus
Supplement.

          In addition, the actual characteristics and performance
of the Mortgage Loans underlying the Certificates may differ from
the information provided in the Collateral Term Sheets, which
were provided to certain investors only to give a sense of the
underlying collateral which will effect the maturity, interest
rate sensitivity and cash flow characteristics of the
Certificates.  Any difference between the collateral information
in the Collateral Term Sheets and the actual characteristics of
the Mortgage Loans will affect the actual yield, average life,
duration, expected maturity, interest rate sensitivity and
cash flow characteristics of the 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         Collateral Term Sheets 




     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/ Terry R. Farley       
  
                                   Name:Terry R. Farley
                                   Title:Managing Director




Dated: August 3, 1995                                            



















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