Schedule 13 G
Item 1 (a) Resource Asset Investment
(b) 1845 Walnut St. 10th Floor
Philadelphia, PA 19103
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) 183,824
(b) 2.98%
(c) (i) Sole power to vote or direct the vote of all
183,824 shares
(iii) Sole power to dispose of or direct the disposition
of all 183,824 shares
Item 5 Reporting person has ceased to be the beneficial owner of
more than 5% of the class of securities.
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
Schedule 13 G
Item 1 (a) Resource Asset Investment
(b) 1845 Walnut St. 10th Floor
Philadelphia, PA 19103
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) 107,899
(b) 1.75%
(c) (i) Sole power to vote or direct the vote of all
107,899 shares
(iii) Sole power to dispose of or direct the disposition
of all 107,899 shares
Item 5 Reporting person has ceased to be the beneficial owner
of more than 5% of the class of securities.
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
Schedule 13 G
Item 1 (a) Resource Asset Investment
(b) 1845 Walnut St. 10th Floor
Philadelphia, PA 19103
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) 75,925
(b) 1.23%
(c) (i) Sole power to vote or direct the vote of
all 75,925 shares
(iii) Sole power to dispose of or direct the disposition
of all 75,925 shares
Item 5 Reporting person has ceased to be the beneficial owner of
more than 5% of the class of securities.
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 20, 2000
Signature
Charles vK. Carlson, President
Name/Title
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 183,824
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 183,824
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
183,824
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
2.98%
12. Type Of Reporting Person
00- Group Consisting of IA and IV
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 107,899
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 107,899
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
107,899
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
1.75%
12. Type Of Reporting Person
IA
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 75,925
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 75,925
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
75,925
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
1.23%
12. Type Of Reporting Person
IV
