RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
Company
RESIDENTIAL FUNDING CORPORATION
Master Servicer
Mortgage Pass-Through Certificates
Series 1995-S6
$3,884,109.62 6.8846% Class M-2 Certificates
$1,792,665.82 6.8846% Class M-3 Certificates
Supplement dated June 27, 1995
to
Prospectus Supplement dated April 20, 1995
The Class M-2 Certificates and Class M-3 Certificates
(the Class M Certificates ) will be purchased from the Company
by Residential Funding Securities Corporation (the"Underwriter"),
pursuant to an agreement (the "Underwriting Agreement") among the
Company, the Master Servicer and the Underwriter. The proceeds
to the Company from the sale of the Principal Only Certificates
will be equal to $5,545,245.60, net of any expenses payable by
the Company.
THIS SUPPLEMENT SUPERSEDES ALL PREVIOUS SUPPLEMENTS DELIVERED IN
CONNECTION WITH THE CERTIFICATES AND MUST BE DELIVERED TOGETHER
WITH THE PROSPECTUS AND PROSPECTUS SUPPLEMENT REFERRED TO ABOVE,
AND SHOULD BE READ IN CONJUNCTION THEREWITH.
Residential Funding Securities Corporation
The Underwriter intends to offer the Class M Certificates from
time to time to the public in negotiated transactions or
otherwise at varying prices to be determined at the time of sale.
The Underwriter may effect such transactions by selling the Class
M Certificates to or through dealers. In connection with the
purchase and sale of the Class M Certificates, the Underwriter
and any dealers that may participate with the Underwriter in such
resale of the Class M Certificates may be deemed to have received
compensation from the Company in the form of discounts or
commissions or, in the case of such dealers, compensation from
the Underwriter in the form of discounts, concessions or
commissions. The Underwriting Agreement provides that the
Company will indemnify the Underwriter against certain civil
liabilities under the Securities Act of 1933, or contribute to
payments required to be made in respect thereof. There is
currently no secondary market for the Class M Certificates.
There can be no assurance that an active secondary market will
develop, or if it does develop, that it will continue.
As of June 1, 1995 (the Reference Date ), the Mortgage
Loans have an aggregate principal balance outstanding, after
deducting payments of principal due on such date, of
$117,712,593.74.
As of the Reference Date, 0.60% of the Mortgage Loans (by
aggregate principal balance) are delinquent by one month. As of
the Reference Date, none of the Mortgage Loans will be more than
two months delinquent. As of the Reference Date, none of the
Mortgage Loans will have been Real Estate Owned.
UNTIL SEPTEMBER 25, 1995, ALL DEALERS EFFECTING TRANSACTIONS IN
THE CLASS CERTIFICATES, WHETHER OR NOT PARTICIPATING IN THIS
DISTRIBUTION, MAY BE REQUIRED TO DELIVER A PROSPECTUS (INCLUDING
THE PROSPECTUS SUPPLEMENT AND THIS SUPPLEMENT). THIS DELIVERY
REQUIREMENT IS IN ADDITION TO THE OBLIGATION OF DEALERS TO
DELIVER A PROSPECTUS WHEN ACTING AS UNDERWRITERS AND WITH RESPECT
TO THEIR UNSOLD ALLOTMENTS OR SUBSCRIPTIONS.
