RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 1997-05-28
ASSET-BACKED SECURITIES
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                                                      -1-

                       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: May 27, 1997
(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






[CTSRFMSI.WPD    December 7, 1995]

<PAGE>


                                                      -2-

Item 5.  Other Events.


                  On May 29, 1997, the Registrant  expects to cause the issuance
         and sale of Mortgage  Pass-Through  Certificates,  Series  1997-S6 (the
         "Certificates")  pursuant to a Pooling and  Servicing  Agreement  to be
         dated as of May 1,  1997,  among the  Registrant,  Residential  Funding
         Corporation, as Master Servicer, and Bankers Trust, as Trustee.

                  In  connection  with the expected  sale of the Series  1997-S6
         Certificates,  the  Registrant  has been  advised  by  Deutsche  Morgan
         Grenfell (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         preliminary  and will be superseded by the  Description of the Mortgage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.




[CTSRFMSI.WPD    December 7, 1995]

<PAGE>


                                                      -3-


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



[CTSRFMSI.WPD    December 7, 1995]

<PAGE>


                                                      -4-

         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: May 27, 1997

[CTSRFMSI.WPD    December 7, 1995]

<PAGE>


                                                      -5-

                                  EXHIBIT INDEX


                      Item 601 (a) of   Sequentially
  Exhibit           Regulation S-K      Numbered
  Number            Exhibit No.        Description              Format


1                       99            Collateral Term          P
                                      Sheets



[CTSRFMSI.WPD    December 7, 1995]

<PAGE>


                                                      -6-
                                    EXHIBIT 1

                             (Intentionally Omitted)

[CTSRFMSI.WPD    December 7, 1995]

<PAGE>





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