RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 2000-07-26
ASSET-BACKED SECURITIES
Previous: GMO TRUST, 497, 2000-07-26
Next: RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC, 424B5, 2000-07-26




                                       -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: July 25, 2000
(Date of earliest event reported)



                 Residential Funding Mortgage Securities I, Inc.
             (Exact name of registrant as specified in its charter)


Delaware                          333-72493                    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








<PAGE>

                                       -2-

Item 5.  Other Events.


                  On July 28, 2000, the  Registrant  will cause the issuance and
         sale of  approximately  $391,913,014.34  initial  principal  amount  of
         Mortgage Pass-Through  Certificates,  Series 2000- S9, Class A-1, Class
         A-2,  Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8,
         Class A-P,  Class A-V,  Class R, 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 July 1,  2000,  among  the
         Registrant,  Residential Funding Corporation,  as Master Servicer,  and
         Bank One, National Association, as Trustee.

                  In connection with the sale of the Series 2000-S9,  Class A-1,
         Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class
         A-8, Class R Certificates, other than a de minimis portion of the Class
         R  Certificates  (the  "Underwritten  Certificates")  to Merrill Lynch,
         Pierce,  Fenner & Smith Incorporated  ("Merrill Lynch"), the Registrant
         has been advised by the Underwriter  that the Underwriter has furnished
         to prospective  investors certain yield tables and other  computational
         materials  (the   "Computational   Materials")   with  respect  to  the
         Underwritten  Certificates following the effective date of Registration
         Statement No. 333-72493,  which Computational Materials are being filed
         manually as exhibits to this report.

                  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  information  subsequently  filed
         with the Securities and Exchange Commission.

                  The Computational Materials consist of the first 11 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 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.

                  In addition, the actual characteristics and performance of the
         mortgage loans underlying the 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,

<PAGE>

                                       -3-

         average life,  duration,  expected maturity,  interest rate sensitivity
         and cash flow  characteristics  of a particular  class of  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  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




<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/ Randy Van Zee
                                     Name:   Randy Van Zee
                                     Title:  Vice President

Dated:  July 25, 2000

<PAGE>

                                       -5-

                                  EXHIBIT INDEX

              Item 601 (a) of      Sequentially
 Exhibit      Regulation S-K       Numbered

 Number       Exhibit No.          Description                   Page

 1            99                   Computational Materials       Filed Manually



<PAGE>

                                       -7-

                                     EXHIBIT

                            (Intentionally Omitted)

<PAGE>



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission