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: December 20, 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 December 28, 1995, the Registrant expects to
cause the issuance and sale of Mortgage Pass-
Through Certificates, Series 1995-S21 (the
"Certificates") pursuant to a Pooling and
Servicing Agreement to be dated as of December 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-S21, Class A-1, A-2, A-3, A-4, A-6, R-
I and R-II Certificates (the Underwritten
Certificates), the Registrant has been advised by
Paine Webber (the "Underwriter"), that the
Underwriter has furnished to prospective investors
certain 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 filed herewith as
Exhibit 99 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preliminary and may be superseded by the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 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.
Certain assumptions may have been made in the
Computational Materials which have resulted in
certain returns which are detailed in the
Computational Materials. No representation is
made that any returns set forth in the
Computational Materials will be achieved. Changes
to the assumptions used therein may have a
material impact on any returns detailed. Past
performance is not indicative of future results.
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/ Diane S. Wold
Name: Diane S. Wold
Title: Vice President
Dated: December 20, 1995
EXHIBIT INDEX
Item 601 (a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Format
1 99 Computational P
Materials
EXHIBIT 1
(Intentionally Omitted)
