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RESIDENTIAL FUNDING SERIES 1991-S28 RATED 'AAA/AA' BY FITCH -- FITCH FINANCIAL WIRE --

 RESIDENTIAL FUNDING SERIES 1991-S28 RATED 'AAA/AA' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Nov. 26 /PRNewswire/ -- Residential Funding Mortgage Securities I, Inc.'s $182.9 million mortgage pass-through certificates, Series 1991-S28 Class A and Class R (I & II) are rated 'AAA,' and the $6.5 million Class M are rated 'AA' by Fitch.
 The 'AAA' rating on the Class A and Class R certificates (the senior certificates) reflects credit loss protection provided by the 5 percent subordinate Class B and 3.25 percent subordinate Class M certificates. The 'AA' rating on the Class M certificates reflects the credit support provided by the 5 percent subordinate Class B certificates. Both ratings also reflect 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 30-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, except for 6.4 percent purchased from GMAC Mortgage Corp. of Pennsylvania (an affiliate). The weighted average loan-to-value ratio for the mortgage pool is 70 percent. Limited documentation loans total approximately 38.1 percent, cash-out refinance loans represent 24.3 percent of the pool, and 53.2 percent of the pool is secured by properties in California.
 Under a shifting interest structure, the senior certificates will receive 100 percent of principal prepayments on the mortgage loans for the first five years. Thereafter, Class M certificates will begin receiving an increasing percentage of prepayments, subject to mortgage loan delinquency and default tests. In the seventh year or when the Class B percentage is twice the initial Class B percentage, the Class M and Class B certificates will begin receiving prepayments pro rata. However, if at any time the senior percentage exceeds the initial senior percentage the senior prepayment percentage will revert back to 100 percent.
 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 will be made with respect to the trust for federal income tax purposes.
 -0- 11/26/91
 /CONTACT: Alexander K. Zabik, 212-908-0500, or Louis Colosimo,


212-908-0567, both of Fitch/ CO: Residential Funding Mortgage Securities I, Inc. ST: IN: FIN SU: RTG

CK -- NY087 -- 7523 11/26/91 17:22 EST
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Date:Nov 26, 1991
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