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 (Date of earliest event reported) September 22, 1995
RESIDENTIAL ASSET SECURITIES CORPORATION (as seller under a Pooling
and Servicing Agreement dated as of September 1, 1995 providing for,
inter alia, the issuance of Mortgage Pass-Through Certificates,
Series 1995-KS3)
Residential Funding Mortgage Securities I, Inc.
(Exact name of registrant as specified in its charter)
DELAWARE 33-56893 51-0362653
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification
No.)
8400 Normandale Lake Blvd.
Suite 600
Minneapolis, Minnesota 55437
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code, is (612) 832-
7000
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Exhibits:
23.7. Consent of Coopers & Lybrand L.L.P., independent
auditors of the Certificate Insurer with respect to Mortgage Pass-
Through Certificates, Series 1995-KS3, Class A1-I, Class A2-I, Class
A3-I, Class A4-I, Class A5-I, Class A-II, Class B-1, Class B-2,
Class B-3 Class R-I and Class R-II.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
RESIDENTIAL ASSET
SECURITIES CORPORATION
By: /s/ Teresa R. Farley Esq.
Name: Teresa R. Farley Esq.
Title: Vice President
Dated: September 22, 1995
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
RESIDENTIAL ASSET
SECURITIES CORPORATION
By:
Name: Teresa R. Farley
Title: Vice President
Dated: September 22, 1995
EXHIBIT 23.7
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the inclusion in the Prospectus Supplement to the
Prospectus dated June 22, 1995 to the Registration Statement
(Registration No. 33-56893) of our report dated February 1, 1995, on
our audits of the consolidated financial statements of MBIA
Insurance Corporation and Subsidiaries (formerly known as Municipal
Bond Investors Assurance Corporation and Subsidiaries). We also
consent to the reference to our firm under the caption "Experts".
COOPERS & LYBRAND L.L.P.
September 20, 1995
New York, New York
