Schedule 13 G
Item 1 (a) Resource Asset Investment
(b) 1521 Locust St. 6th Floor
Philadelphia, PA 19102
Item 2 (a) Corbyn Investment Management, Inc., et al.
(b) Suite 108
2330 W. Joppa Road
Lutherville, Maryland 21093
(c) Incorporated in the State of Maryland
(d) Common Stock
(e) 761196104
Item 3 (h) The filer is a group consisting of an Investment Adviser
registered under Section 203 of the Investment Advisers Act of 1940 and an
Investment Company registered under Section 8 of the Investment Company
Act.
Item 4 (a) 381,450
(b) 6.19%
(c) (i) Sole power to vote or direct the vote of all
381,450 shares
(iii) Sole power to dispose of or direct the disposition
of all 381,450 shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 (a) The group consists of an Investment Adviser registered under
Section 203 of the Investment Advisers Act of 1940 (IA) and an Investment
Company registered under Section 8 of the Investment Company Act (IV).
Item 9 N/A
<PAGE>
Schedule 13 G
Item 1 (a) Resource Asset Investment
(b) 1521 Locust St. 6th Floor
Philadelphia, PA 19102
Item 2 (a) Corbyn Investment Management, Inc.
(b) Suite 108
2330 W. Joppa Road
Lutherville, Maryland 21093
(c) Incorporated in the State of Maryland
(d) Common Stock
(e) 761196104
Item 3 (e) The filer is an Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940.
Item 4 (a) 299,225
(b) 4.86%
(c) (i) Sole power to vote or direct the vote of all
299,225 shares
(iii) Sole power to dispose of or direct the disposition
of all 299,225 shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
<PAGE>
Schedule 13 G
Item 1 (a) Resource Asset Investment
(b) 1521 Locust St. 6th Floor
Philadelphia, PA 19102
Item 2 (a) Greenspring Fund, Inc.
(b) Suite 110
2330 W. Joppa Road
Lutherville, Maryland 21093
(c) Incorporated in the State of Maryland
(d) Common Stock
(e) 761196104
Item 3 (d) The filer is an Investment Company registered under Section
8 of the Investment Company Act.
Item 4 (a) 82,225
(b) 1.33%
(c) (i) Sole power to vote or direct the vote of
all 82,225 shares
(iii) Sole power to dispose of or direct the disposition
of all 82,225 shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
Item 10 By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of and
do not have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.
After reasonable inquiry and to the best of my knowledge and
belief,I certify that the information set forth in this statement is
true, complete and correct.
January 21, 1999
Signature
Charles vK. Carlson, President
Name/Title
<PAGE>
CUSIP No. 761196104 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Corbyn Investment Management, Inc. et al
n/a
2. Check The Appropriate Box If A Member Of A Control Group (a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 108 2330 W. Joppa Rd.
Lutherville, MD 21093
Number Of 5. Sole Voting Power
Shares 381,450
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 381,450
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
381,450
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
6.19%
12. Type Of Reporting Person
00- Group Consisting of IA and IV
<PAGE>
CUSIP No. 761196104 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Corbyn Investment Management, Inc.
52-0964322
2. Check The Appropriate Box If A Member Of A Control Group (a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 108 2330 W. Joppa Rd.
Lutherville, MD 21093
Number Of 5. Sole Voting Power
Shares 299,225
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 299,225
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
299,225
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
4.86%
12. Type Of Reporting Person
IA
<PAGE>
CUSIP No. 761196104 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Greenspring Fund, Inc.
52-1267740
2. Check The Appropriate Box If A Member Of A Control Group (a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 110 2330 W. Joppa Rd.
Lutherville, MD 21093
Number Of 5. Sole Voting Power
Shares 82,225
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 82,225
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
82,225
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
1.33%
12. Type Of Reporting Person
IV
