RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
424B5, 1995-01-27
ASSET-BACKED SECURITIES
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    RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
                        Company

            RESIDENTIAL FUNDING CORPORATION
                    Master Servicer


          Mortgage Pass-Through Certificates
                    Series 1994-S2

    $2,575,402.42   7.00%   Class M-3 Certificates

                                     

           Supplement dated January 25, 1995
                          to
      Prospectus Supplement dated March 30, 1994
                          to
      Prospectus Supplement dated March 15, 1994
                          to
     Prospectus Supplement dated January 21, 1994
                          and
          Prospectus dated September 21, 1993
        as supplemented by the Prospectus dated
                     June 23, 1994
                                    

     The Class M-3 Certificates will not be offered
separately to the public by the Company or by any other
person.  The Class M-3 Certificates (together with
certain other, similar certificates) will be deposited
into a trust fund to be formed by the Company.  


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