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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: December 22, 1998
(Date of earliest event reported)
Residential Funding Mortgage Securities I, Inc.
(Exact name of registrant as specified in its charter)
Delaware 333-57481 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
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Item 5Other Events.
On December 30, 1998, the Registrant will cause the issuance and
sale of approximately $521,340,221 initial principal amount of Mortgage
Pass-Through Certificates, Series 1998-S30, Class A-1, Class A-2, Class
A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-P, Class A-V,
Class R-I, Class R-II, Class M-1, Class M-2, Class M-3, Class B-1, Class
B-2 and Class B-3 (the "Certificates") pursuant to a Pooling and Servicing
Agreement to be dated as of December 1, 1998, among the Registrant,
Residential Funding Corporation, as Master Servicer, and The First
National Bank of Chicago, as Trustee.
In connection with the sale of the Series 1998-S30, Class A-1, Class
A-2, Class A- 3, Class A-4, Class A-5, Class A-6, Class A-7, Class R-I and
Class R-II Certificates, other than a de minimis portion of each of the
Class R-I and R-II Certificates, (the "Senior Underwritten Certificates")
to Greenwich Capital Markets, Inc. (the "Senior Underwriter"), the
Registrant has been advised by the Senior Underwriter that the Senior
Underwriter has furnished to prospective investors certain yield tables
and other computational materials (the "Computational Materials") with
respect to the Senior Underwritten Certificates following the effective
date of Registration Statement No. 333- 57481, which Computational
Materials are being filed manually as exhibits to this report.
The Computational Materials have been provided by the Senior
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and may be superseded by the Prospectus Supplement relating to the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 information subsequently filed with the
Securities and Exchange Commission.
The Computational Materials consist of the first 99 pages (the
"Computational Materials") that appear after the Form SE cover sheet and
the page headed "NOTICE". The Underwriter has advised the Registrant that
certain information in the Computational Materials may have been based on
assumptions that differed from the final pool information.
The Computational Materials were prepared by the Senior Underwriter
at the request of certain prospective investors, based on assumptions
provided by, and satisfying the special requirements of, such prospective
investors. The Computational Materials may be based on assumptions that
differ from the assumptions set forth in the 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.
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In addition, the actual characteristics and performance of the
mortgage loans underlying the Senior Underwritten Certificates (the
"Mortgage Loans") 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 Senior
Underwritten Certificates might vary 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 Senior
Underwritten 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 Computational Materials
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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:
Name: Stephen Hynes
Title: Vice President
Dated: December 22, 1998
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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/ Stephen Hynes
Name: Stephen Hynes
Title:Vice President
Dated: December 22, 1998
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EXHIBIT INDEX
Item 601 (a) of Sequentially
Exhibit Regulation S-K Numbered
Number Exhibit No. Description Page
1 99 Computational Materials Filed Manually
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EXHIBIT
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