SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: January 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,
Minnesota55437
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code:(612) 832-
7000Item 5. Other Events.
On January 30, 1996, the Registrant expects to cause
the issuance and sale of Mortgage Pass-Through Certificates,
Series 1996-S2 (the "Certificates") pursuant to a Pooling
and Servicing Agreement to be dated as of January 1, 1996,
among the Registrant, Residential Funding Corporation, as
Master Servicer, and First National Bank of Chicago, as
Trustee.
In connection with the expected sale of the Series
1996-S2, Class A-1, Class A-2, Class A-3 and Class R
Certificates (the Underwritten Certificates ), the
Registrant has been advised by Merrill Lynch & Co.(the
"Underwriter"), that the Underwriter have furnished to
prospective investors certain 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 filed herewith as Exhibit
99.1 were originally filed by the Registrant together with a
Current Report on Form 8-K on January 25, 1996. The
Computational Material filed herewith as Exhibit 99.2
replaces one page of the Computational Materials namely
labeled SUPPLEMENT TO COMPUTATIONAL MATERIALS (dated on the
bottom of page as January 3, 1996 3:01pm). 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is preliminary and may be superseded by the Prospectus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 were prepared by the
Underwriters 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.
Certain assumptions may have been made in the
Computational Materials which have resulted in certain
returns which are detailed in the Computational Materials.
No representation is made that any returns set forth in the
Computational Materials will be achieved. Changes to the
assumptions used therein may have a material impact on any
returns detailed. Past performance is not indicative of
future results.
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 99.1 Computational Materials
2 99.2 Additional 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/ Jill M. Johnson
Name: Jill M. Johnson
Title: Vice President
Dated: January 25, 1996
EXHIBIT INDEX
Item 601 (a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Format
1 99.1 Computational
Materials P
2 99.2 Additional
Computational
Materials P
EXHIBIT 1
(Intentionally Omitted)
EXHIBIT 2
(Intentionally Omitted)
