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: January 10, 1996
(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 File Number) Identification No.)
Incorporation)
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 February 29, 1996, the Registrant expects to
cause the issuance and sale of Mortgage Pass-Through
Certificates, Series 1996-S4 (the "Certificates")
pursuant to a Pooling and Servicing Agreement to be dated
as of February 1, 1996, among the Registrant, Residential
Funding Corporation, as Master Servicer, and Trustee to
be named.
In connection with the expected sale of the Series
1996-S4 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Sheets is preliminary and will be superseded by the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 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 Sheets
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/ Diane S. Wold
Name: Diane S. Wold
Title: Vice President
Dated: January 10, 1996
EXHIBIT INDEX
Item 601 (a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Format
1 99 Collateral P
Term Sheets
EXHIBIT 1
(Intentionally Omitted)
