RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
Company
RESIDENTIAL FUNDING CORPORATION
Master Servicer
Mortgage Pass-Through Certificates
Series 1995-S10
$5,767,000* 7.50% Class M-1 Certificates
$2,883,000* 7.50% Class M-2 Certificates
$2,883,000* 7.50% Class M-3 Certificates
Supplement dated August 2, 1995
to
Prospectus Supplement dated July 24, 1995
and
Prospectus dated April 20, 1995
* Initial Certificate Principal Balance
The Class M-1 Certificates, the Class M-2 Certificates,
and the Class M-3 Certificates (collectively, the "Class M
Certificates") will be purchased from the Company by Salomon
Brothers Inc (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
Class M Certificates will be equal to $11,031,292.42, net of any
expenses payable by the Company. The Underwriter intends to offer
the Class M Certificates
(Continued on following page)
THIS SUPPLEMENT MUST BE DELIVERED TOGETHER WITH THE PROSPECTUS AND
PROSPECTUS SUPPLEMENT REFERRED TO ABOVE, AND SHOULD BE READ IN
CONJUNCTION THEREWITH.
Salomon Brothers Inc
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 and such dealers may receive
compensation in the form of underwriting discounts, concessions or
commissions from the Underwriter for whom they act as agent. In
connection with the sale of the Class M Certificates, the
Underwriter may be deemed to have received compensation from the
Company in the form of underwriting compensation. The Underwriter
and any dealers that participate with such Underwriter in the
distribution of the Class M Certificates may be deemed to be
underwriters and any profit on the resale of the Class M
Certificates positioned by them may be deemed to be underwriting
discounts and commissions under the Securities Act of 1933. 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 a secondary
market will develop, or if it does develop, that it will continue.
UNTIL OCTOBER 31, 1995, ALL DEALERS EFFECTING TRANSACTIONS IN THE
CLASS M CERTIFICATES, WHETHER OR NOT PARTICIPATING IN THIS
DISTRIBUTION, MAY BE REQUIRED TO DELIVER A PROSPECTUS (INCLUDING THE
PROSPECTUS SUPPLEMENT AND THIS SUPPLEMENT). THE 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.
