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RESIDENTIAL FUNDING MORTGAGE CERTS. 1992-S43 RATED 'AAA/AA' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, Dec. 23 /PRNewswire/ -- Residential Funding Mortgage Securities I, Inc.'s (RFMSI) $350.0 million mortgage pass-through certificates, series 1992-S43 classes A and R, are rated AAA' by Fitch. The $9.4 million class M certificates are rated AA'.
 The AAA' rating on the class A and R senior certificates reflects the credit enhancement provided by the subordination of the 2.50 percent class M certificates and the 4.50 percent unrated class B certificates; credit enhancement for the class M certificates is provided by the further subordination of the 4.50 percent class B certificates. The subordination amounts will be sufficient to cover credit losses including mortgagor defaults as well as limited bankruptcy, fraud and special hazard losses. In addition, the ratings reflect the quality of the mortgage collateral, strength of the legal and financial structures, and Residential Funding Corp.'s (RFC) servicing capabilities as master servicer.
 The recently originated, conventional, fully amortizing, 30-year fixed-rate, first lien mortgage loan portfolio is strong, with approximately 98.4 percent of the mortgage properties owner-occupied. Approximately 97.6 percent of the pool is secured by one-to-four family residential properties. The weighted average original loan-to-value ratio is 71.2 percent. Limited documentation loans are somewhat lower compared to prior transactions issued by RFMSI, comprising 16.1 percent of the pool, cash-out refinance loans total 16.1 percent, and jumbo loans 38.7 percent (balances between $300,001-600,000). The largest geographic concentration is in California, which comprises approximately 61 percent of the pool.
 With the exception of 8.2 percent purchased from GMAC Mortgage Corp. of Pa., an RFC affiliate, all of the mortgage loans were purchased by RFC from unaffili ?sellers. RFMSI, a special purpose corporation, deposited the loans in the trust, which issued the certificates. A separate real estate mortgage investment conduit (REMIC) election will be made with respect to the trust fund for federal income tax purposes. The class A and M certificates constitute the "regular interests" in the REMIC and the class R certificate constitutes the "residual interest" in the REMIC.
 -0- 12/23/92
 /CONTACT: Joanne M. Scatassa, 212-908-0671, or Betty Tan, 212-908-0688, both of Fitch/


CO: Residential Funding Mortgage Securities I ST: IN: FIN SU: RTG

WB -- NY042 -- 9642 12/23/92 15:13 EST
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Date:Dec 23, 1992
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