RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 2000-11-21
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: November 21, 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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                                       -2-

Item 5. Other Events.

               On November 29, 2000, the Registrant  will cause the issuance and
        sale of approximately  $153,288,242 initial principal amount of Mortgage
        Pass-Through Certificates,  Series 2000-S15, 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, 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 November 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-S15,  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,  and Class R  Certificates,  other than a de minimis  portion of
     each of the Class R Certificates (the "Senior  Underwritten  Certificates")
     to Merrill Lynch, Pierce, Fenner & Smith, Inc. (the "Senior  Underwriter"),
     and the sale of the Series  2000-S15,  Class  M-1,  Class M-2 and Class M-3
     Certificates  (the "Class M Underwritten  Certificates";  and together with
     the Senior Underwritten Certificates,  the "Underwritten  Certificates") to
     Residential Funding Securities Corporation (the "Class M Underwriter";  and
     together with the Senior Underwriter,  the "Underwriters"),  the Registrant
     has been advised by the Underwriters  that the Underwriters  have 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 electronically as
     exhibits to this report.

               The   Computational   Materials   have  been   provided   by  the
        Underwrites.   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 pages (the  "Computational
     Materials")  that appear after the Form 8K. The  Underwriters  have 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 Underwriters 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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                                       -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




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                                       -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:  November 21, 2000


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                                       -5-

                                  EXHIBIT INDEX


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

 1                 99               Computational Materials      Electronically
                                                                 Filed

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                                       -5-



                                     EXHIBIT


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