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 (Date of earliest event reported)
May 25, 1995
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
(Exact name of the registrant as specified in
its charter)
2-99554, 33-9518, 33-10349
33-20826, 33-26683, 33-31592
33-35340, 33-40243, 33-44591
33-49296, 33-49689, 33-52603,
33-54227 75-2006294
Delaware (Commission File Number) (I.R.S. Employee
(State or other Identification No.)
jurisdiction of
incorporation)
8400 Normandale Lake Boulevard 55437
Minneapolis, Minnesota (Zip Code)
(Address of Principal
Executive Offices)
Registrant's telephone number, including area code
(612) 832-7000
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- --------------------
Item 5. Other Events
See the respective monthly reports, each reflecting the
required information for the April 1995 distribution to
holders of the following series of Conduit Mortgage
Pass-Through Certificates.
Master Serviced by GMACM Pennsylvania
Series 1985-1
Series 1986-1
Series 1986-2
Series 1986-3
Series 1986-4
Series 1986-8
Series 1986-9
Series 1986-11
Master Serviced by Residential Funding Corporation
1986-12
1986-15
1987-1
1987-2
1987-3
1987-4
1987-S1
1987-S2
1987-S4
1987-6
1987-S5
1987-S6
1987-S7
1987-S8
1987-S9
1987-SA1
1988-S1
1988-3A
1988-3B
1988-3C
1988-4B
1988-4C
1988-4D
1989-2
1989-3A
1989-3B
1989-3C
1989-SW1A
1989-SW1B
1989-S1
1989-S2
1989-SW2
1989-4A
1989-4B
1989-4C
1989-4D
1989-4E
1989-S3
1989-S4
1989-5A
1989-5B
1989-S5
1989-7
1989-S6
1990-S1
1990-2
1990-3A
1990-3B
1990-3C
1990-4
1990-5
1990-6
1990-8
1990-9
1990-S14
1990-R16
1991-3
1991-4
1991-S8
1991-R9
1991-S11
1991-R13
1991-R14
1991-S15
1991-20
1991-21A
1991-21B
1991-21C
1991-25A
1991-25B
1991-23
1991-S24
1991-S28
1991-S29
1991-S30
1991-S31
1992-S1
1992-S2
1992-S3
1992-S4
1992-S5
1992-S6
1992-S7
1992-S8
1992-S9
1992-S10
1992-S11
1992-S12
1992-13
1992-S14
1992-S15
1992-S16
1992-17A
1992-17B
1992-17C
1992-S18
1992-S19
1992-S20
1992-S21
1992-S23
1992-S22
1992-S24
1992-S25
1992-S26
1992-S27
1992-S28
1992-S29
1992-S30
1992-S31
1992-S32
1992-S33
1992-S34
1992-S35
1992-S36
1992-S37
1992-S38
1992-S39
1992-S40
1992-S41
1992-S42
1992-S43
1992-S44
1993-S1
1993-S2
1993-S3
1993-S4
1993-S5
1993-S6
1993-S7
1993-S8
1993-S9
1993-S10
1993-MZ1
1993-S11
1993-S12
1993-S13
1993-S14
1993-S15
1993-MZ2
1993-S16
1993-S17
1993-S18
1993-19
1993-S20
1993-S21
1993-S22
1993-S23
1993-S27
1993-S24
1993-S25
1993-S26
1993-MZ3
1993-S28
1993-S29
1993-S30
1993-S33
1993-S31
1993-S32
1993-S34
1993-S38
1993-S41
1993-S35
1993-S36
1993-S37
1993-S39
1993-S42
1993-S40
1993-S43
1993-S44
1993-S46
1993-S45
1993-S47
1993-S48
1993-S49
1994-S1
1994-S2
1994-S3
1994-RS4
1994-S5
1994-S6
1994-MZ1
1994-S7
1994-S8
1994-S9
1994-S10
1994-S11
1994-S12
1994-S13
1994-S14
1994-S15
1994-S16
1994-S17
1994-S18
1994-S19
1994-S20
1995-S1
1995-S2
1995-S3
1995-S4
1995-S6
Item 7. Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) See Item 5.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the
registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly
authorized.
RESIDENTIAL FUNDING MORTGAGE
SECURITIES I, INC.
By: Davee Olson
Name: Davee Olson
Title: Executive Vice President and
Chief Financial Officer
Dated: May 25, 1995
GMAC MORTGAGE CORPORATION
PO BOX 780
WATERLOO, IA 50704
SERIES 1985-1 3U
PARTICIPATION CERTIFICATE REMITTANCE ADVICE
INVESTOR NAME: SALOMON BROTHERS INC
ADDRESS: DIVIDEND DEPT 44TH FLOOR
ONE NEW YORK PLAZA
NEW YORK, NY 10004
CONTROL NUMBER: 3507 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER: 000001 CALIFORNIA LOANS 825,229.01
CERTIFICATE NUMBER OF UNITS: 0001 NON CALIFORNIA LOANS: 9,793,477.88
SPECIAL HAZARD INSURANCE 1,663,538.68
NON CALIFORNIA LOANS: 438,591.06
SCHEDULED INSTALLMENTS OF: 05/01/95
GROSS INTEREST RATE: 12.221844
NET INTEREST RATE: 10.500000
TOTAL NUMBER OF LOANS: 16
REPORT DATE: 05/25/95
***SECTION 1***REMITTANCE DATA POOL TOTAL PER UNIT CERT TOTAL
GROSS INTEREST 10,803.39 10,803.39 10,803.39
LESS SERVICE FEE 1,530.75 1,530.75 1,530.75
NET INTEREST 9,272.64 9,272.64 9,272.64
PAYOFF NET INTEREST 94.02 94.02 94.02
PLUS REO NET INT GAIN 0.00 0.00 0.00
LESS REO REIMBURSEMENT 0.00 0.00 0.00
PRINCIPAL INSTALLMENT 12,600.80 12,600.80 12,600.80
ADDITIONAL PRINCIPAL 1,000.00 1,000.00 1,000.00
PAYOFF PRINCIPAL 65,378.75 65,378.75 65,378.75
REO PRINCIPAL 0.00 0.00 0.00
ADJUSTMENT + OR- 0.00 0.00 0.00
TOTAL REMITTANCE 88,346.21 88,346.21 88,346.21
***SECTION 2***PRINCIPAL BALANCE DATA
1) BEGINNING PRINCIPAL BALANCE 1,126,107.99 1,126,107.99 1,126,107.99
LESS PAYOFF PRINCIPAL BALANCE 65,378.75 65,378.75 65,378.75
2) LESS REO BALANCE REMOVAL 0.00 0.00 0.00
LESS REO BALANCE FOR CURRENT
MONTHS P&I PAYMENTS NOT ADVANCED 0.00 0.00 0.00
ADJ BEGINNING PRINCIPAL
CURRENT MONTHS P&I CALCULATION 1,060,729.24 1,060,729.24 1,060,729.24
PRINCIPAL REMITTANCE:
REGULAR INSTALLMENTS 12,600.80 12,600.80 12,600.80
PRINCIPAL PREPAYMENT
ADDITIONAL PRINCIPAL 1,000.00 1,000.00 1,000.00
PAYOFF PRINCIPAL 65,378.75 65,378.75 65,378.75
REO PRINCIPAL 0.00 0.00 0.00
PRINCIPAL ADJUSTMENT + OR - 0.00 0.00 0.00
3) TOTAL PRINCIPAL REMITTANCE 78,979.55 78,979.55 78,979.55
ENDING PRINCIPAL BALANCE 1,047,128.44 1,047,128.44 1,047,128.44
***SECTION 3***DELINQUENCY DATA
#LOANS AGGREGATGE PR BAL
DELINQ ON LOANS DELINQ
30-59 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
60-89 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
OVER 90 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
FORECLOSURE 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
REO 0 0.00
PRINICPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
TOTAL 0 0.00 0.00 0.00 0.00
***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED
NET INTEREST 0.00 0.00 0.00
SERVICE FEE 0.00 0.00 0.00
PRINCIPAL 0.00 0.00 0.00
TOTAL NOT ADVANCED 0.00 0.00 0.00
IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
THROUGH DEPARTMENT (319-236-4797)
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<PAGE>
GMAC MORTGAGE CORPORATION
PO BOX 780
WATERLOO, IA 50704
SERIES 1986-1 HF
PARTICIPATION CERTIFICATE REMITTANCE ADVICE
INVESTOR NAME: SALOMON BROTHERS INC
ADDRESS: DIVIDEND DEPT 44TH FLOOR
ONE NEW YORK PLAZA
NEW YORK, NY 10004
CONTROL NUMBER: 3504 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER: 000001 NON CALIFORNIA LOANS: 3,337,946.79
CERTIFICATE NUMBER OF UNITS: 0001 SPECIAL HAZARD INSURANCE: 1,000,000.00
BANKRUPTCY BOND: 344,787.59
SCHEDULED INSTALLMENTS OF: 05/01/95
GROSS INTEREST RATE: 12.135471
NET INTEREST RATE: 10.000000
TOTAL NUMBER OF LOANS: 16
REPORT DATE: 05/25/95
***SECTION 1***REMITTANCE DATA POOL TOTAL PER UNIT CERT TOTAL
GROSS INTEREST 25,055.74 25,055.74 25,055.74
LESS SERVICE FEE 4,409.04 4,409.04 4,409.04
NET INTEREST 20,646.70 20,646.70 20,646.70
PAYOFF NET INTEREST 0.00 0.00 0.00
PLUS REO NET INT GAIN 0.00 0.00 0.00
LESS REO REIMBURSEMENT 0.00 0.00 0.00
PRINCIPAL INSTALLMENT 2,300.97 2,300.97 2,300.97
ADDITIONAL PRINCIPAL 0.00 0.00 0.00
PAYOFF PRINCIPAL 0.00 0.00 0.00
REO PRINCIPAL 0.00 0.00 0.00
ADJUSTMENT + OR- 0.00 0.00 0.00
TOTAL REMITTANCE 22,947.67 22,947.67 22,947.67
***SECTION 2***PRINCIPAL BALANCE DATA
1) BEGINNING PRINCIPAL BALANCE 2,477,604.00 2,477,604.00 2,477,604.00
LESS PAYOFF PRINCIPAL BALANCE 0.00 0.00 0.00
2) LESS REO BALANCE REMOVAL 0.00 0.00 0.00
LESS REO BALANCE FOR CURRENT
MONTHS P&I PAYMENTS NOT ADVANCED 0.00 0.00 0.00
ADJ BEGINNING PRINCIPAL
CURRENT MONTHS P&I CALCULATION 2,477,604.00 2,477,604.00 2,477,604.00
PRINCIPAL REMITTANCE:
REGULAR INSTALLMENTS 2,300.97 2,300.97 2,300.97
PRINCIPAL PREPAYMENT
ADDITIONAL PRINCIPAL 0.00 0.00 0.00
PAYOFF PRINCIPAL 0.00 0.00 0.00
REO PRINCIPAL 0.00 0.00 0.00
PRINCIPAL ADJUSTMENT + OR - 0.00 0.00 0.00
3) TOTAL PRINCIPAL REMITTANCE 2,300.97 2,300.97 2,300.97
ENDING PRINCIPAL BALANCE 2,475,303.03 2,475,303.03 2,475,303.03
***SECTION 3***DELINQUENCY DATA
#LOANS AGGREGATGE PR BAL
DELINQ ON LOANS DELINQ
30-59 DAYS 2 198,696.08
PRINCIPAL 365.34 365.34 365.34
INTEREST 4,157.86 4,157.86 4,157.86
60-89 DAYS 1 153,000.33
PRINCIPAL 449.23 449.23 449.23
INTEREST 4,346.72 4,346.72 4,346.72
OVER 90 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
FORECLOSURE 1 193,864.80
PRINCIPAL 5,831.65 5,831.65 5,831.65
INTEREST 75,688.35 75,688.35 75,688.35
REO 0 0.00
PRINICPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
TOTAL 4 545,561.21 90,839.15 90,839.15 90,839.15
***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED
NET INTEREST 0.00 0.00 0.00
SERVICE FEE 0.00 0.00 0.00
PRINCIPAL 0.00 0.00 0.00
TOTAL NOT ADVANCED 0.00 0.00 0.00
IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
THROUGH DEPARTMENT (319-236-4797)
- --------------------------------------------------------------------------------
<PAGE>
GMAC MORTGAGE CORPORATION
PO BOX 780
WATERLOO, IA 50704
SERIES 1986-2 HG
PARTICIPATION CERTIFICATE REMITTANCE ADVICE
INVESTOR NAME: SALOMON BROTHERS INC
ADDRESS: DIVIDEND DEPT 44TH FLOOR
ONE NEW YORK PLAZA
NEW YORK, NY 10004
CONTROL NUMBER: 3505 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER: 000001 NON CALIFORNIA LOANS: 4,781,297.08
CERTIFICATE NUMBER OF UNITS: 0001 SPECIAL HAZARD INSURANCE: 1,000,000.00
BANKRUPTCY BOND: 312,027.16
SCHEDULED INSTALLMENTS OF: 05/01/95
GROSS INTEREST RATE: 11.221167
NET INTEREST RATE: 10.000000
TOTAL NUMBER OF LOANS: 6
REPORT DATE: 05/25/95
***SECTION 1***REMITTANCE DATA POOL TOTAL PER UNIT CERT TOTAL
GROSS INTEREST 3,331.91 3,331.91 3,331.91
LESS SERVICE FEE 348.46 348.46 348.46
NET INTEREST 2,983.45 2,983.45 2,983.45
PAYOFF NET INTEREST 610.43 610.43 610.43
PLUS REO NET INT GAIN 0.00 0.00 0.00
LESS REO REIMBURSEMENT 0.00 0.00 0.00
PRINCIPAL INSTALLMENT 3,757.21 3,757.21 3,757.21
ADDITIONAL PRINCIPAL 0.00 0.00 0.00
PAYOFF PRINCIPAL 82,520.08 82,520.08 82,520.08
REO PRINCIPAL 0.00 0.00 0.00
ADJUSTMENT + OR- 0.00 0.00 0.00
TOTAL REMITTANCE 89,871.17 89,871.17 89,871.17
***SECTION 2***PRINCIPAL BALANCE DATA
1) BEGINNING PRINCIPAL BALANCE 438,837.04 438,837.04 438,837.04
LESS PAYOFF PRINCIPAL BALANCE 82,520.08 82,520.08 82,520.08
2) LESS REO BALANCE REMOVAL 0.00 0.00 0.00
LESS REO BALANCE FOR CURRENT
MONTHS P&I PAYMENTS NOT ADVANCED 0.00 0.00 0.00
ADJ BEGINNING PRINCIPAL
CURRENT MONTHS P&I CALCULATION 356,316.96 356,316.96 356,316.96
PRINCIPAL REMITTANCE:
REGULAR INSTALLMENTS 3,757.21 3,757.21 3,757.21
PRINCIPAL PREPAYMENT
ADDITIONAL PRINCIPAL 0.00 0.00 0.00
PAYOFF PRINCIPAL 82,520.08 82,520.08 82,520.08
REO PRINCIPAL 0.00 0.00 0.00
PRINCIPAL ADJUSTMENT + OR - 0.00 0.00 0.00
3) TOTAL PRINCIPAL REMITTANCE 86,277.29 86,277.29 86,277.29
ENDING PRINCIPAL BALANCE 352,559.75 352,559.75 352,559.75
***SECTION 3***DELINQUENCY DATA
#LOANS AGGREGATGE PR BAL
DELINQ ON LOANS DELINQ
30-59 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
60-89 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
OVER 90 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
FORECLOSURE 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
REO 0 0.00
PRINICPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
TOTAL 0 0.00 0.00 0.00 0.00
***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED
NET INTEREST 0.00 0.00 0.00
SERVICE FEE 0.00 0.00 0.00
PRINCIPAL 0.00 0.00 0.00
TOTAL NOT ADVANCED 0.00 0.00 0.00
IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
THROUGH DEPARTMENT (319-236-4797)
- --------------------------------------------------------------------------------
<PAGE>
GMAC MORTGAGE CORPORATION
PO BOX 780
WATERLOO, IA 50704
SERIES 1986-3 GP
PARTICIPATION CERTIFICATE REMITTANCE ADVICE
INVESTOR NAME: WISCONSIN INVESTMENT BOARD
ADDRESS: ATTN GERALD T MAHAFFEY
PO BOX 7842
MADISON, WI 53707
CONTROL NUMBER: 3502 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER: 000001 NON CALIFORNIA LOANS: 2,117,945.94
CERTIFICATE NUMBER OF UNITS: 0001 SPECIAL HAZARD INSURANCE: 340,321.48
BANKRUPTCY BOND: 100,000.00
SCHEDULED INSTALLMENTS OF: 05/01/95
GROSS INTEREST RATE: 10.833579
NET INTEREST RATE: 8.400000
TOTAL NUMBER OF LOANS: 5
REPORT DATE: 05/25/95
***SECTION 1***REMITTANCE DATA POOL TOTAL PER UNIT CERT TOTAL
GROSS INTEREST 3,721.21 3,721.21 3,721.21
LESS SERVICE FEE 835.90 835.90 835.90
NET INTEREST 2,885.31 2,885.31 2,885.31
PAYOFF NET INTEREST 0.00 0.00 0.00
PLUS REO NET INT GAIN 0.00 0.00 0.00
LESS REO REIMBURSEMENT 0.00 0.00 0.00
PRINCIPAL INSTALLMENT 7,136.75 7,136.75 7,136.75
ADDITIONAL PRINCIPAL 1,210.00 1,210.00 1,210.00
PAYOFF PRINCIPAL 0.00 0.00 0.00
REO PRINCIPAL 0.00 0.00 0.00
ADJUSTMENT + OR- 0.00 0.00 0.00
TOTAL REMITTANCE 11,232.06 11,232.06 11,232.06
***SECTION 2***PRINCIPAL BALANCE DATA
1) BEGINNING PRINCIPAL BALANCE 413,396.51 413,396.51 413,396.51
LESS PAYOFF PRINCIPAL BALANCE 0.00 0.00 0.00
2) LESS REO BALANCE REMOVAL 0.00 0.00 0.00
LESS REO BALANCE FOR CURRENT
MONTHS P&I PAYMENTS NOT ADVANCED 0.00 0.00 0.00
ADJ BEGINNING PRINCIPAL
CURRENT MONTHS P&I CALCULATION 413,396.51 413,396.51 413,396.51
PRINCIPAL REMITTANCE:
REGULAR INSTALLMENTS 7,136.75 7,136.75 7,136.75
PRINCIPAL PREPAYMENT
ADDITIONAL PRINCIPAL 1,210.00 1,210.00 1,210.00
PAYOFF PRINCIPAL 0.00 0.00 0.00
REO PRINCIPAL 0.00 0.00 0.00
PRINCIPAL ADJUSTMENT + OR - 0.00 0.00 0.00
3) TOTAL PRINCIPAL REMITTANCE 8,346.75 8,346.75 8,346.75
ENDING PRINCIPAL BALANCE 405,049.76 405,049.76 405,049.76
***SECTION 3***DELINQUENCY DATA
#LOANS AGGREGATGE PR BAL
DELINQ ON LOANS DELINQ
30-59 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
60-89 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
OVER 90 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
FORECLOSURE 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
REO 0 0.00
PRINICPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
TOTAL 0 0.00 0.00 0.00 0.00
***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED
NET INTEREST 0.00 0.00 0.00
SERVICE FEE 0.00 0.00 0.00
PRINCIPAL 0.00 0.00 0.00
TOTAL NOT ADVANCED 0.00 0.00 0.00
IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
THROUGH DEPARTMENT (319-236-4797)
- --------------------------------------------------------------------------------
<PAGE>
GMAC MORTGAGE CORPORATION
PO BOX 780
WATERLOO, IA 50704
SERIES 1986-4 HL
PARTICIPATION CERTIFICATE REMITTANCE ADVICE
INVESTOR NAME: SALOMON BROTHERS INC
ADDRESS: DIVIDEND DEPT 44TH FLOOR
ONE NEW YORK PLAZA
NEW YORK, NY 10004
CONTROL NUMBER: 3506 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER: 000001 NON CALIFORNIA LOANS: 6,731,998.72
CERTIFICATE NUMBER OF UNITS: 0001 SPECIAL HAZARD INSURANCE: 368,860.56
BANKRUPTCY BOND: 342,969.66
SCHEDULED INSTALLMENTS OF: 05/01/95
GROSS INTEREST RATE: 12.229547
NET INTEREST RATE: 10.250000
TOTAL NUMBER OF LOANS: 15
REPORT DATE: 05/25/95
***SECTION 1***REMITTANCE DATA POOL TOTAL PER UNIT CERT TOTAL
GROSS INTEREST 12,396.00 12,396.00 12,396.00
LESS SERVICE FEE 2,016.31 2,016.31 2,016.31
NET INTEREST 10,379.69 10,379.69 10,379.69
PAYOFF NET INTEREST 277.09 277.09 277.09
PLUS REO NET INT GAIN 67.00 67.00 67.00
LESS REO REIMBURSEMENT 0.00 0.00 0.00
PRINCIPAL INSTALLMENT 1,172.95 1,172.95 1,172.95
ADDITIONAL PRINCIPAL 2.80 2.80 2.80
PAYOFF PRINCIPAL 98,669.77 98,669.77 98,669.77
REO PRINCIPAL 0.00 0.00 0.00
ADJUSTMENT + OR- 0.00 0.00 0.00
TOTAL REMITTANCE 110,569.30 110,569.30 110,569.30
***SECTION 2***PRINCIPAL BALANCE DATA
1) BEGINNING PRINCIPAL BALANCE 1,315,002.60 1,315,002.60 1,315,002.60
LESS PAYOFF PRINCIPAL BALANCE 98,669.77 98,669.77 98,669.77
2) LESS REO BALANCE REMOVAL 0.00 0.00 0.00
LESS REO BALANCE FOR CURRENT
MONTHS P&I PAYMENTS NOT ADVANCED 0.00 0.00 1,216,332.83
ADJ BEGINNING PRINCIPAL
CURRENT MONTHS P&I CALCULATION 1,216,332.83 1,216,332.83 0.00
PRINCIPAL REMITTANCE:
REGULAR INSTALLMENTS 1,172.95 1,172.95 1,172.95
PRINCIPAL PREPAYMENT
ADDITIONAL PRINCIPAL 2.80 2.80 2.80
PAYOFF PRINCIPAL 98,669.77 98,669.77 98,669.77
REO PRINCIPAL 0.00 0.00 0.00
PRINCIPAL ADJUSTMENT + OR - 0.00 0.00 0.00
3) TOTAL PRINCIPAL REMITTANCE 99,845.52 99,845.52 99,845.52
ENDING PRINCIPAL BALANCE 1,215,157.08 1,215,157.08 1,215,157.08
***SECTION 3***DELINQUENCY DATA
#LOANS AGGREGATGE PR BAL
DELINQ ON LOANS DELINQ
30-59 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
60-89 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
OVER 90 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
FORECLOSURE 1 75,058.30
PRINCIPAL 508.59 508.59 508.59
INTEREST 9,198.41 9,198.41 9,198.41
REO 0 0.00
PRINICPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
TOTAL 1 75,058.30 9,707.00 9,707.00 9,707.00
***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED
NET INTEREST 0.00 0.00 0.00
SERVICE FEE 0.00 0.00 0.00
PRINCIPAL 0.00 0.00 0.00
TOTAL NOT ADVANCED 0.00 0.00 0.00
IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
THROUGH DEPARTMENT (319-236-4797)
- --------------------------------------------------------------------------------
<PAGE>
GMAC MORTGAGE CORPORATION
PO BOX 780
WATERLOO, IA 50704
SERIES 1986-8 GH
PARTICIPATION CERTIFICATE REMITTANCE ADVICE
INVESTOR NAME: SALOMON BROTHERS INC
ADDRESS: DIVIDEND DEPT 44TH FLOOR
ONE NEW YORK PLAZA
NEW YORK, NY 10004
CONTROL NUMBER: 3501 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER: 000001 NON CALIFORNIA LOANS: 7,604,023.83
CERTIFICATE NUMBER OF UNITS: 0001 SPECIAL HAZARD INSURANCE: 455,448.80
BANKRUPTCY BOND: 279,814.75
SCHEDULED INSTALLMENTS OF: 05/01/95
GROSS INTEREST RATE: 12.009021
NET INTEREST RATE: 9.960000
TOTAL NUMBER OF LOANS: 36
REPORT DATE: 05/25/95
***SECTION 1***REMITTANCE DATA POOL TOTAL PER UNIT CERT TOTAL
GROSS INTEREST 14,436.69 14,436.69 14,436.69
LESS SERVICE FEE 2,463.83 2,463.83 2,463.83
NET INTEREST 11,972.86 11,972.86 11,972.86
PAYOFF NET INTEREST 0.00 0.00 0.00
PLUS REO NET INT GAIN 0.00 0.00 0.00
LESS REO REIMBURSEMENT 0.00 0.00 0.00
PRINCIPAL INSTALLMENT 13,497.43 13,497.43 13,497.43
ADDITIONAL PRINCIPAL 2,137.15 2,137.15 2,137.15
PAYOFF PRINCIPAL 0.00 0.00 0.00
REO PRINCIPAL 0.00 0.00 0.00
ADJUSTMENT + OR- 0.00 0.00 0.00
TOTAL REMITTANCE 27,607.44 27,607.44 27,607.44
***SECTION 2***PRINCIPAL BALANCE DATA
1) BEGINNING PRINCIPAL BALANCE 1,445,063.05 1,445,063.05 1,445,063.05
LESS PAYOFF PRINCIPAL BALANCE 0.00 0.00 0.00
2) LESS REO BALANCE REMOVAL 0.00 0.00 0.00
LESS REO BALANCE FOR CURRENT
MONTHS P&I PAYMENTS NOT ADVANCED 0.00 0.00 0.00
ADJ BEGINNING PRINCIPAL
CURRENT MONTHS P&I CALCULATION 1,445,063.05 1,445,063.05 1,445,063.05
PRINCIPAL REMITTANCE:
REGULAR INSTALLMENTS 13,497.43 13,497.43 13,497.43
PRINCIPAL PREPAYMENT
ADDITIONAL PRINCIPAL 2,137.15 2,137.15 2,137.15
PAYOFF PRINCIPAL 0.00 0.00 0.00
REO PRINCIPAL 0.00 0.00 0.00
PRINCIPAL ADJUSTMENT + OR - 0.00 0.00 0.00
3) TOTAL PRINCIPAL REMITTANCE 15,634.58 15,634.58 15,634.58
ENDING PRINCIPAL BALANCE 1,429,428.47 1,429,428.47 1,429,428.47
***SECTION 3***DELINQUENCY DATA
#LOANS AGGREGATGE PR BAL
DELINQ ON LOANS DELINQ
30-59 DAYS 1 23,478.24
PRINCIPAL 482.44 482.44 482.44
INTEREST 481.76 481.76 481.76
60-89 DAYS 1 75,747.56
PRINCIPAL 2,488.54 2,488.54 2,488.54
INTEREST 2,130.62 2,130.62 2,130.62
OVER 90 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
FORECLOSURE 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
REO 0 0.00
PRINICPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
TOTAL 2 99,225.80 5,583.36 5,583.36 5,583.36
***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED
NET INTEREST 0.00 0.00 0.00
SERVICE FEE 0.00 0.00 0.00
PRINCIPAL 0.00 0.00 0.00
TOTAL NOT ADVANCED 0.00 0.00 0.00
IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
THROUGH DEPARTMENT (319-236-4797)
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<PAGE>
GMAC MORTGAGE CORPORATION
PO BOX 780
WATERLOO, IA 50704
SERIES 1986-9 HC
PARTICIPATION CERTIFICATE REMITTANCE ADVICE
INVESTOR NAME: SALOMON BROTHERS INC
ADDRESS: DIVIDEND DEPT 44TH FLOOR
ONE NEW YORK PLAZA
NEW YORK, NY 10004
CONTROL NUMBER: 3503 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER: 000001 NON CALIFORNIA LOANS: 4,321,303.44
CERTIFICATE NUMBER OF UNITS: 0001 SPECIAL HAZARD INSURANCE: 557,517.94
BANKRUPTCY BOND: 397,835.15
SCHEDULED INSTALLMENTS OF: 05/01/95
GROSS INTEREST RATE: 10.791620
NET INTEREST RATE: 9.000000
TOTAL NUMBER OF LOANS: 4
REPORT DATE: 05/25/95
***SECTION 1***REMITTANCE DATA POOL TOTAL PER UNIT CERT TOTAL
GROSS INTEREST 3,363.17 3,363.17 3,363.17
LESS SERVICE FEE 558.93 558.93 558.93
NET INTEREST 2,804.24 2,804.24 2,804.24
PAYOFF NET INTEREST 0.00 0.00 0.00
PLUS REO NET INT GAIN 0.00 0.00 0.00
LESS REO REIMBURSEMENT 0.00 0.00 0.00
PRINCIPAL INSTALLMENT 3,822.85 3,822.85 3,822.85
ADDITIONAL PRINCIPAL 0.00 0.00 0.00
PAYOFF PRINCIPAL 0.00 0.00 0.00
REO PRINCIPAL 0.00 0.00 0.00
ADJUSTMENT + OR- 0.00 0.00 0.00
TOTAL REMITTANCE 6,627.09 6,627.09 6,627.09
***SECTION 2***PRINCIPAL BALANCE DATA
1) BEGINNING PRINCIPAL BALANCE 373,975.75 373,975.75 373,975.75
LESS PAYOFF PRINCIPAL BALANCE 0.00 0.00 0.00
2) LESS REO BALANCE REMOVAL 0.00 0.00 0.00
LESS REO BALANCE FOR CURRENT
MONTHS P&I PAYMENTS NOT ADVANCED 0.00 0.00 0.00
ADJ BEGINNING PRINCIPAL
CURRENT MONTHS P&I CALCULATION 373,975.75 373,975.75 373,975.75
PRINCIPAL REMITTANCE:
REGULAR INSTALLMENTS 3,822.85 3,822.85 3,822.85
PRINCIPAL PREPAYMENT
ADDITIONAL PRINCIPAL 0.00 0.00 0.00
PAYOFF PRINCIPAL 0.00 0.00 0.00
REO PRINCIPAL 0.00 0.00 0.00
PRINCIPAL ADJUSTMENT + OR - 0.00 0.00 0.00
3) TOTAL PRINCIPAL REMITTANCE 3,822.85 3,822.85 3,822.85
ENDING PRINCIPAL BALANCE 370,152.90 370,152.90 370,152.90
***SECTION 3***DELINQUENCY DATA
#LOANS AGGREGATGE PR BAL
DELINQ ON LOANS DELINQ
30-59 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
60-89 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
OVER 90 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
FORECLOSURE 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
REO 0 0.00
PRINICPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
TOTAL 0 0.00 0.00 0.00 0.00
***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED
NET INTEREST 0.00 0.00 0.00
SERVICE FEE 0.00 0.00 0.00
PRINCIPAL 0.00 0.00 0.00
TOTAL NOT ADVANCED 0.00 0.00 0.00
IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
THROUGH DEPARTMENT (319-236-4797)
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<PAGE>
GMAC MORTGAGE CORPORATION
PO BOX 780
WATERLOO, IA 50704
SERIES 1986-11 DQ
PARTICIPATION CERTIFICATE REMITTANCE ADVICE
INVESTOR NAME: SALOMON BROTHERS INC
ADDRESS: DIVIDEND DEPT 44TH FLOOR
ONE NEW YORK PLAZA
NEW YORK, NY 10004
CONTROL NUMBER: 3500 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER: 000001 NON CALIFORNIA LOANS: 3,539,063.13
CERTIFICATE NUMBER OF UNITS: 0001 SPECIAL HAZARD INSURANCE: 376,984.52
BANKRUPTCY BOND: 488,435.46
SCHEDULED INSTALLMENTS OF: 05/01/95
GROSS INTEREST RATE: 11.459590
NET INTEREST RATE: 9.200000
TOTAL NUMBER OF LOANS: 21
REPORT DATE: 05/25/95
***SECTION 1***REMITTANCE DATA POOL TOTAL PER UNIT CERT TOTAL
GROSS INTEREST 18,211.51 18,211.51 18,211.51
LESS SERVICE FEE 3,653.12 3,653.12 3,653.12
NET INTEREST 14,558.39 14,558.39 14,558.39
PAYOFF NET INTEREST 0.00 0.00 0.00
PLUS REO NET INT GAIN 2,746.55 2,746.55 2,746.55
LESS REO REIMBURSEMENT 0.00 0.00 0.00
PRINCIPAL INSTALLMENT 2,021.61 2,021.61 2,021.61
ADDITIONAL PRINCIPAL 0.07 0.07 0.07
PAYOFF PRINCIPAL 0.00 0.00 0.00
REO PRINCIPAL 0.00 0.00 0.00
ADJUSTMENT + OR- 0.00 0.00 0.00
TOTAL REMITTANCE 19,326.62 19,326.62 19,326.62
***SECTION 2***PRINCIPAL BALANCE DATA
1) BEGINNING PRINCIPAL BALANCE 2,059,004.77 2,059,004.77 2,059,004.77
LESS PAYOFF PRINCIPAL BALANCE 0.00 0.00 0.00
2) LESS REO BALANCE REMOVAL 0.00 0.00 0.00
LESS REO BALANCE FOR CURRENT
MONTHS P&I PAYMENTS NOT ADVANCED 151,972.21 151,972.21 151,972.21
ADJ BEGINNING PRINCIPAL
CURRENT MONTHS P&I CALCULATION 1,907,032.56 1,907,032.56 1,907,032.56
PRINCIPAL REMITTANCE:
REGULAR INSTALLMENTS 2,021.61 2,021.61 2,021.61
PRINCIPAL PREPAYMENT
ADDITIONAL PRINCIPAL 0.07 0.07 0.07
PAYOFF PRINCIPAL 0.00 0.00 0.00
REO PRINCIPAL 0.00 0.00 0.00
PRINCIPAL ADJUSTMENT + OR - 0.00 0.00 0.00
3) TOTAL PRINCIPAL REMITTANCE 2,021.68 2,021.68 2,021.68
ENDING PRINCIPAL BALANCE 2,056,983.09 2,056,983.09 2,056,983.09
***SECTION 3***DELINQUENCY DATA
#LOANS AGGREGATGE PR BAL
DELINQ ON LOANS DELINQ
30-59 DAYS 1 33,331.04
PRINCIPAL 76.88 76.88 76.88
INTEREST 811.98 811.98 811.98
60-89 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
OVER 90 DAYS 0 0.00
PRINCIPAL 0.00 0.00 0.00
INTEREST 0.00 0.00 0.00
FORECLOSURE 1 132,964.06
PRINCIPAL 216.55 216.55 216.55
INTEREST 3,018.17 3,018.17 3,018.17
REO 1 154,236.08
PRINICPAL 2,609.57 2,609.57 2,609.57
INTEREST 20,660.67 20,660.67 20,660.67
TOTAL 3 320,531.18 27,393.82 27,393.82 27,393.82
***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED
NET INTEREST 2,328.92 2,328.92 2,328.92
SERVICE FEE 234.16 234.16 234.16
PRINCIPAL 345.70 345.70 345.70
TOTAL NOT ADVANCED 2,674.62 2,674.62 2,674.62
IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
THROUGH DEPARTMENT (319-236-4797)
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