--------------------------------------------------------------------------------




                       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) December 6, 2000



                      Residential Asset Funding Corporation
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)



       North Carolina                  333-81721                 56-2064715
----------------------------          ------------           -------------------
(State or Other Jurisdiction          (Commission             (I.R.S. Employer
     of Incorporation)                File Number)           Identification No.)


         301 South College Street, DC-06
            Charlotte, North Carolina                            28202-6001
--------------------------------------------------           -------------------
     (Address of Principal Executive Offices)                    (Zip Code)


        Registrant's telephone number, including area code (704) 374-4868
                                                           --------------


                                    No Change
--------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)



<PAGE>

         Item 5.  Other Events


                  In  connection  with the  offering  of  C-BASS  Mortgage  Loan
Asset-Backed Certificates,  Series 2000-CB4, described in the related Prospectus
Supplement, certain "Computational Materials" within the meanings of the May 20,
1994  Kidder,  Peabody  No-Action  Letter  and  the  February  17,  1995  Public
Securities  Association  No-Action Letter were furnished to certain  prospective
investors (the "Related Computational Materials").


         Item 7.  Financial  Statements,  Pro Forma  Financial  Information  and
                  Exhibits.


         (a)      Not applicable


         (b)      Not applicable


         (c)      Exhibit 99.1 - Related Computational  Materials (as defined in
                  Item 5 above).


                                       2
<PAGE>

                                   SIGNATURES


         Pursuant to the  requirements  of Section 13 or 15(d) 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 FUNDING CORPORATION
                                    as Depositor and on behalf of 2000-CB4 Trust

                                    Registrant



                                    By:
                                       -----------------------------------------
                                        Name:        Eric Kaplan
                                        Title:       Vice President




Dated:  December ___, 2000


                                       3
<PAGE>

                                  EXHIBIT INDEX




Exhibit No.        Description
-----------        -----------
99.1               Related Computational Materials (as defined in Item 5 above).
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "description": "8-K", "secsgml_size_bytes": 3501}]
{"company-data": {"conformed-name": "RESIDENTIAL ASSET FUNDING CORP", "cik": "0001053158", "assigned-sic": "6189", "irs-number": "562064715", "state-of-incorporation": "NC", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "333-64775", "film-number": "785789"}, "business-address": {"street1": "C/O FIRST UNION NATIONAL BANK", "street2": "230 SOUTH TRYON STREET 9TH FLOOR", "city": "CHARLOTTE", "state": "NC", "zip": "28288-1179", "phone": "7043744868"}, "mail-address": {"street1": "301 SOUTH COLLEGE ST DC-06", "city": "CHARLOTTE", "state": "NC", "zip": "28202-6001"}, "former-company": {"former-conformed-name": "HOME EQUITY SECURITIZATION CORP", "date-changed": "19980116"}}
--------------------------------------------------------------------------------

                       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) December 6, 2000

                      Residential Asset Funding Corporation
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

       North Carolina                  333-81721                 56-2064715
----------------------------          ------------           -------------------
(State or Other Jurisdiction          (Commission             (I.R.S. Employer
     of Incorporation)                File Number)           Identification No.)

         301 South College Street, DC-06
            Charlotte, North Carolina                            28202-6001
--------------------------------------------------           -------------------
     (Address of Principal Executive Offices)                    (Zip Code)

        Registrant's telephone number, including area code (704) 374-4868
                                                           --------------

                                    No Change
--------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)
Item 5.  Other Events

                  In  connection  with the  offering  of  C-BASS  Mortgage  Loan
Asset-Backed Certificates,  Series 2000-CB4, described in the related Prospectus
Supplement, certain "Computational Materials" within the meanings of the May 20,
1994  Kidder,  Peabody  No-Action  Letter  and  the  February  17,  1995  Public
Securities  Association  No-Action Letter were furnished to certain  prospective
investors (the "Related Computational Materials").

         Item 7.  Financial  Statements,  Pro Forma  Financial  Information  and
                  Exhibits.

         (a)      Not applicable

         (b)      Not applicable

         (c)      Exhibit 99.1 - Related Computational  Materials (as defined in
                  Item 5 above).

                                       2
SIGNATURES

         Pursuant to the  requirements  of Section 13 or 15(d) 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 FUNDING CORPORATION
                                    as Depositor and on behalf of 2000-CB4 Trust

                                    Registrant

                                    By:
                                       -----------------------------------------
                                        Name:        Eric Kaplan
                                        Title:       Vice President

Dated:  December ___, 2000

                                       3
EXHIBIT INDEX

Exhibit No.        Description
-----------        -----------
99.1               Related Computational Materials (as defined in Item 5 above).