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: August 3, 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 September 30, 1995, the Registrant expects
to cause the issuance of Mortgage Pass-Through
Certificates, Series 1995-S14 (the "Certificates")
pursuant to a Pooling and Servicing Agreement to
be dated as of September 1, 1995, among the
Registrant, Residential Funding Corporation, as
Master Servicer, and Bankers Trust Company, as
Trustee.
In connection with the sale of the Series
1995-S14, 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 A-11, and Class R
Certificates (the "PaineWebber Underwritten
Certificates") and the Class M-1, Class M-2 and
Class M-3 Certifiates (the "Salomon Brothers
Underwritten Certificates", which together with
the PaineWebber Underwritten Certificates are
hereinafter refered to collectively as the
"Underwritten Certificates"), the Registrant has
been advised by PaineWebber Incorporated and
Salomon Brothers Inc (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be superseded by the Prospectus Supplement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 of 15 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/ [Bruce J. Legan]
Name: [Bruce J. Legan]
Title: [Vice President]
Dated: September 22, 1995
EXHIBIT INDEX
Item 601 (a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Page
1 99 Computational Filed
Material Manually
EXHIBIT 1
(Intentionally Omitted)
NOTICE