RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 2000-04-25
ASSET-BACKED SECURITIES
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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: April 24, 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







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Item 5.  Other Events.

                  On April 27, 2000, the Registrant  will cause the issuance and
         sale of approximately $262,662,868 initial principal amount of Mortgage
         Pass-Through Certificates, Series 2000- S5, 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-9,
         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 April
         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-S5,  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-9, Class R-I and Class R-II Certificates,  other than a de
         minimis  portion of each of the Class R-I and Class  R-II  Certificates
         (the "Underwritten Certificates") to Credit Suisse First Boston ("First
         Boston" or the  "Underwriter"),  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 7 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,



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         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





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

Dated:  April 24, 2000



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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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