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RESIDENTIAL FUNDING MORTGAGE CERTIFICATES 1991-S27 RATED 'AAA' BY FITCH -- FITCH FINANCIAL WIRE --

RESIDENTIAL FUNDING MORTGAGE CERTIFICATES 1991-S27 RATED 'AAA' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Nov. 25 /PRNewswire/ -- Residential Funding Mortgage Securities I, Inc.'s $130.7 million Mortgage Pass-Through Certificates, Series 1991-S27 Class A and Class R are rated 'AAA' by Fitch.
 The rating reflects the credit loss protection provided by the 5.5 percent subordinate Class B certificates, as well as the high quality of the mortgage collateral, the strength of the legal and financial structures, and the master servicing capabilities of Residential Funding Corp. (RFC).
 The mortgage pool consists of recently originated, conventional, fully amortizing fixed-rate 15-year mortgage loans secured by first liens on one- to four-family residential properties. All mortgage loans were originated or acquired by RFC, mainly from its unaffiliated seller/servicers. The weighted average loan-to-value ratio for the mortgage pool is a very low 65.5 percent. Limited documentation loans total approximately 41 percent, cash-out refinance loans represent 32 percent of the pool, and 58 percent of the pool is secured by properties in California.
 Residential Funding Mortgage Securities I, Inc, a special purpose corporation, deposited the loans in the trust which issued the certificates. RFC will act as master servicer for the pool.
 A REMIC election has been made with respect to the certificates.
 -0- 11/25/91
 /CONTACT: Vincent J. Barberio, 212-908-0505, or Mary Sue Lundy, 212-908-0526, both of Fitch/ CO: Residential Funding Mortgage Securities I, Inc. ST: IN: FIN SU: RTG KD -- NY061 -- 6962 11/25/91 15:25 EST
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Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 25, 1991
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