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: November 17, 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 29, 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 Trustee to be named.
In connection with the expected sale of the
Series 1995-S21 Certificates, the Registrant has been advised by
Paine Webber (the "Underwriter"), that the Underwriter
has furnished to prospective investors certain collateral
information with respect to the mortgage loans ("Mortgage Loans")
underlying the proposed offering of the Certificates (the
"Collateral Term Sheets"), which Collateral Term Sheets are being
filed manually as exhibits to this report.
The Collateral Term Sheets have been provided
by the Underwriter. The information in the Collateral Term
Sheets is preliminary and will be superseded by the Description of
the Mortgage Pool contained in the Prospectus Supplement
relating to the Certificates and by any other information
subsequently filed with the Securities and Exchange Commission.
The Collateral Term Sheets consist of the one
page that appears after the Form SE cover sheet and the page
headed "NOTICE" and supersede all collateral information
contained in any Collateral Term Sheets related to the Mortgage
Loans previously provided by the Underwriter.
The Collateral Term Sheets were prepared by the
Underwriter at the request of certain prospective
investors. The Collateral Term Sheets may be based on information
that differs from the information set forth in the Prospectus
Supplement.
In addition, the actual characteristics and
performance of the Mortgage Loans underlying the Certificates may
differ from the information provided in the Collateral Term Sheets,
which were provided to certain investors only to give a sense
of the underlying collateral which will effect the maturity,
interest rate sensitivity and cash flow characteristics of the
Certificates. Any difference between the collateral
information in the Collateral Term Sheets and the actual
characteristics of the Mortgage Loans will affect the actual yield,
average life, duration, expected maturity, interest rate
sensitivity and cash flow characteristics of the 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 Collateral Term Sheet
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/ Jill M. Johnson
Name:Jill M. Johnson
Title: Director
Dated: November 17, 1995
