RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 1995-05-25
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:  May 24, 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 May 30, 1995, the Registrant will cause the issuance
     and sale of $102,156,472 initial principal amount of Mortgage
     Pass-Through Certificates, Series 1995-S8, 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 R-I, Class R-II, Class M-1, Class M-2 Class
     M-3, Class B-1, Class B-2 and Class B-3 (the "Certificates")
     pursuant to a Pooling and Servicing Agreement to be dated as
     of May 1, 1995, among the Registrant, Residential Funding
     Corporation, as Master Servicer, and The First National Bank
     of Chicago, as Trustee.

          In connection with the sale of the Series 1995-S8, Class
     A-1, Class A-2, Class A-3, Class A-4, Class A-5 Certificates
     and the Class R-I and Class R-II Certificates, other than a de
     minimis portion thereof (collectively, the "Underwritten
     Certificates"), the Registrant has been advised by Donaldson,
     Lufkin & Jenrette Securities Corporation (the "Underwriter"),
     that the Underwriter has furnished to prospective investors
     certain yield tables and other computational materials (the
     "Computational Materials") with respect to the Underwritten
     Certificates following the effective date of Registration
     Statement No. 33-54227, which Computational Materials are
     being filed manually as exhibits 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
     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 prospective investors.  The
     Computational Materials may be based on assumptions that
     differ from the assumptions set forth in the 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 Underwritten Certificates
     (the "Mortgage Loans") 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 might vary 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





     Exhibit          No.Item 601(a) of
                      Regulation S-K
                      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 Legan          
                                   Name:   Bruce Legan
                                   Title:      Director




Dated: May 24, 1995
                         EXHIBIT INDEX


               Item 601 (a) of      Sequentially
     Exhibit   Regulation S-K       Numbered
     Number    Exhibit No.          Description      Page    

     1          99                  Computational    Filed      
                                    Materials        Manually


                            EXHIBIT 

                     (Intentionally Omitted)


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