RESIDENTIAL ASSET SECURITIES CORP
8-K, 1995-09-21
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 (Date of earliest event reported) August 21, 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-KS2)


  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:

          23.6.  Consent of Coopers & Lybrand L.L.P.,             
                 independent auditors of the Certificate          
                 Insurer with respect to Mortgage Pass-
                 Through Certificates, Series 1995-KS2, Class A.
 

                           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/ William Waldusky       
                              Name:       William Waldusky
                              Title:      Vice President


Dated:  September 21, 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:      William Waldusky
                              Title:     Vice President


Dated: September 21, 1995


                      EXHIBIT 23.6



            CONSENT OF INDEPENDENT ACCOUNTANTS



We consent to the inclusion in the Prospectus Supplement dated
September 21, 1995 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



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