RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 1996-08-07
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)
                     July 25, 1996


       RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC.
              (Exact name of the registrant
               as specified in its charter)


             2-99554, 33-9518, 33-10349
            33-20826, 33-26683, 33-31592
            33-35340, 33-40243, 33-44591
            33-49296, 33-49689, 33-52603, 33-54227 
Delaware             333-4846             75-2006294

(State or other     (Commission       (I.R.S. Employee
jurisdiction of       File No.)     Identification No.)
Incorporation)


8400 Normandale Lake Boulevard                 55437
Minneapolis, Minnesota
(Address of Principal                        (Zip Code)
 Executive Offices)

Registrant's telephone number, including area code
(612) 832-7000

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


Item 5.  Other Events

See the respective monthly reports, each reflecting the
required information for the July 1996 distribution to
holders of the following series of Conduit Mortgage
Pass-Through Certificates.

Master Serviced by GMACM Pennsylvania

Series 1985-1
Series 1986-1
Series 1986-2
Series 1986-4
Series 1986-9
Series 1986-11

Master Serviced by Residential Funding Corporation

1986-12     
1986-15     
1987-1      
1987-2      
1987-3      
1987-4      
1987-S2     
1987-S4     
1987-6      
1987-S5     
1987-S7     
1987-S8     
1987-S9     
1987-SA1    
1988-S1     
1988-3A     
1988-3B     
1988-3C     
1988-4B     
1988-4C     
1988-4D     
1989-2      
1989-3A     
1989-3B     
1989-3C     
1989-SW1A   
1989-SW1B   
1989-S1     
1989-S2     
1989-SW2    
1989-4A     
1989-4B     
1989-S4     
1989-5A     
1989-5B     
1989-S5     
1989-7      
1989-S6     
1990-S1     
1990-2      
1990-3A     
1990-3B     
1990-3C     
1990-5      
1990-6      
1990-8      
1990-S14    
1990-R16    
1991-3      
1991-4      
1991-S8     
1991-R9     
1991-S11    
1991-R13    
1991-R14    
1991-20     
1991-21A    
1991-21B    
1991-21C    
1991-25A    
1991-25B    
1991-23     
1991-S24    
1991-S29    
1991-S30    
1991-S31    
1992-S1     
1992-S2     
1992-S3     
1992-S4     
1992-S5     
1992-S6     
1992-S7     
1992-S8     
1992-S9     
1992-S10    
1992-S11    
1992-S12    
1992-13     
1992-S14    
1992-S15    
1992-S16    
1992-17A    
1992-17B    
1992-17C    
1992-S18    
1992-S19    
1992-S20    
1992-S21    
1992-S23    
1992-S22    
1992-S24    
1992-S25    
1992-S26    
1992-S27    
1992-S28    
1992-S29    
1992-S30    
1992-S31    
1992-S32    
1992-S33    
1992-S34    
1992-S35    
1992-S36    
1992-S37    
1992-S38    
1992-S39    
1992-S40    
1992-S41    
1992-S42    
1992-S43    
1992-S44    
1993-S1     
1993-S2     
1993-S3     
1993-S4     
1993-S5     
1993-S6     
1993-S7     
1993-S8     
1993-S9     
1993-S10    
1993-S11    
1993-S12    
1993-S13    
1993-MZ1    
1987-S1     
1989-S3     
1989-4C     
1989-4D     
1989-4E     
1993-S14    
1993-S15    
1993-19     
1993-S16    
1993-S17    
1993-S18    
1993-MZ2    
1993-S20    
1993-S21    
1993-S22    
1993-S23    
1993-S27    
1993-S24    
1993-S25    
1993-S26    
1993-S28    
1993-S29    
1993-S30    
1993-S33    
1993-MZ3    
1993-S31    
1993-S32    
1993-S34    
1993-S38    
1993-S41    
1993-S35    
1993-S36    
1993-S37    
1993-S39    
1993-S42    
1993-S40    
1993-S43    
1993-S44    
1993-S46    
1993-S45    
1993-S47    
1993-S48    
1993-S49    
1994-S1     
1994-S2     
1994-S3     
1994-S5     
1994-S6     
1994-RS4    
1994-S7     
1994-S8     
1994-S9     
1994-S10    
1994-S11    
1994-S12    
1994-S13    
1994-S14    
1994-S15    
1994-S16    
1994-MZ1    
1994-S17    
1994-S18    
1994-S19    
1994-S20    
1995-S1     
1995-S2     
1995-S3     
1995-S4     
1995-S6     
1995-S7     
1995-S8     
1995-R5     
1995-S9     
1995-S10    
1995-S11    
1995-S12    
1995-S13    
1995-S14    
1995-S15    
1995-S16    
1995-S17    
1995-S18    
1995-S19    
1995-S21    
1995-R20    
1996-S3     
1996-S1     
1996-S2     
1996-S4     
1996-S5     
1996-S6     
1996-S7     
1996-S8     
1996-S9     
1996-S11    
1996-S12    
1996-S10    
1996-S13    
1996-S14    
1996-S15    
 









Item 7.  Financial Statements and Exhibits
(a)  Not applicable
(b)  Not applicable
(c)  See Item 5.




                         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 FUNDING MORTGAGE
SECURITIES I, INC.

   By:  /s/Davee Olson                                  
 Name:  Davee Olson
Title:  Executive Vice President
        and Chief Financial Officer
Dated:  July 25, 1996

                          GMAC MORTGAGE CORPORATION
                                PO BOX 780
                          WATERLOO, IA 50704
                 SERIES 1985-1 3U
                 PARTICIPATION CERTIFICATE REMITTANCE ADVICE

INVESTOR NAME:  SALOMON BROTHERS INC
ADDRESS:        DIVIDEND DEPT 44TH FLOOR
                ONE NEW YORK PLAZA
                NEW YORK, NY 10004

CONTROL NUMBER:    3507                 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER:  000001    CALIFORNIA LOANS              825,229.01
CERTIFICATE NUMBER OF UNITS:  0001      NON CALIFORNIA LOANS:       9,793,477.88
                                        SPECIAL HAZARD INSURANCE    1,663,538.68
                                        NON CALIFORNIA LOANS:         438,591.06
SCHEDULED INSTALLMENTS OF:  7/01/96
        GROSS INTEREST RATE:  12.245125
          NET INTEREST RATE:  10.500000
        TOTAL NUMBER OF LOANS:       15
REPORT DATE: 7/25/96


***SECTION 1***REMITTANCE DATA             POOL TOTAL    PER UNIT    CERT TOTAL

GROSS INTEREST                              8,593.75      8,593.75      8,593.75
    LESS SERVICE FEE                        1,224.74      1,224.74      1,224.74
NET INTEREST                                7,369.01      7,369.01      7,369.01
PAYOFF NET INTEREST                             0.00          0.00          0.00
   PLUS REO NET INT GAIN                        0.00          0.00          0.00
   LESS REO REIMBURSEMENT                       0.00          0.00          0.00
PRINCIPAL INSTALLMENT                      14,457.59     14,457.59     14,457.59
  ADDITIONAL PRINCIPAL                      1,000.00      1,000.00      1,000.00
  PAYOFF PRINCIPAL                              0.00          0.00          0.00
  REO PRINCIPAL                                 0.00          0.00          0.00
      ADJUSTMENT + OR-                          0.00          0.00          0.00
        TOTAL REMITTANCE                   22,826.60     22,826.60     22,826.60


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE           843,171.98    843,171.98    843,171.98
    LESS PAYOFF PRINCIPAL BALANCE               0.00          0.00          0.00
2)  LESS REO BALANCE REMOVAL                    0.00          0.00          0.00
    LESS REO BALANCE FOR CURRENT
    MONTHS P&I PAYMENTS NOT ADVANCED            0.00          0.00          0.00
  ADJ BEGINNING PRINCIPAL
    CURRENT MONTHS P&I CALCULATION        843,171.98    843,171.98    843,171.98
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                   14,457.59     14,457.59     14,457.59
  PRINCIPAL PREPAYMENT
    ADDITIONAL PRINCIPAL                    1,000.00      1,000.00      1,000.00
    PAYOFF PRINCIPAL                            0.00          0.00          0.00
    REO PRINCIPAL                               0.00          0.00          0.00
    PRINCIPAL ADJUSTMENT + OR -                 0.00          0.00          0.00
3)  TOTAL PRINCIPAL REMITTANCE             15,457.59     15,457.59     15,457.59
ENDING PRINCIPAL BALANCE                  827,714.39    827,714.39    827,714.39


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
60-89 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
OVER 90 DAYS            0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
FORECLOSURE             0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
REO                     0          0.00
  PRINICPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
        TOTAL           0          0.00         0.00          0.00          0.00


***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED

NET INTEREST                                    0.00          0.00          0.00
SERVICE FEE                                     0.00          0.00          0.00
PRINCIPAL                                       0.00          0.00          0.00
TOTAL NOT ADVANCED                              0.00          0.00          0.00

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
          THROUGH DEPARTMENT (319-236-4797)
- -----------------------------------------------------------------------------
<PAGE>
                          GMAC MORTGAGE CORPORATION
                                PO BOX 780
                          WATERLOO, IA 50704
                 SERIES 1986-1 HF
                 PARTICIPATION CERTIFICATE REMITTANCE ADVICE

INVESTOR NAME:  SALOMON BROTHERS INC
ADDRESS:        DIVIDEND DEPT 44TH FLOOR
                ONE NEW YORK PLAZA
                NEW YORK, NY 10004

CONTROL NUMBER:    3504                 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER:  000001    NON CALIFORNIA LOANS:       3,337,946.79
CERTIFICATE NUMBER OF UNITS:  0001      SPECIAL HAZARD INSURANCE:   1,000,000.00
                                        BANKRUPTCY BOND:              344,787.59

SCHEDULED INSTALLMENTS OF:  7/01/96
        GROSS INTEREST RATE:  12.143670
          NET INTEREST RATE:  10.000000
        TOTAL NUMBER OF LOANS:       12
REPORT DATE: 7/25/96


***SECTION 1***REMITTANCE DATA             POOL TOTAL    PER UNIT    CERT TOTAL

GROSS INTEREST                             20,152.08     20,152.08     20,152.08
    LESS SERVICE FEE                        3,557.35      3,557.35      3,557.35
NET INTEREST                               16,594.73     16,594.73     16,594.73
PAYOFF NET INTEREST                           604.07        604.07        604.07
   PLUS REO NET INT GAIN                        0.00          0.00          0.00
   LESS REO REIMBURSEMENT                       0.00          0.00          0.00
PRINCIPAL INSTALLMENT                       2,144.64      2,144.64      2,144.64
  ADDITIONAL PRINCIPAL                         75.00         75.00         75.00
  PAYOFF PRINCIPAL                        129,689.24    129,689.24    129,689.24
  REO PRINCIPAL                                 0.00          0.00          0.00
      ADJUSTMENT + OR-                          0.00          0.00          0.00
        TOTAL REMITTANCE                  149,107.68    149,107.68    149,107.68


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE         2,121,055.77  2,121,055.77  2,121,055.77
    LESS PAYOFF PRINCIPAL BALANCE         129,689.24    129,689.24    129,689.24
2)  LESS REO BALANCE REMOVAL                    0.00          0.00          0.00
    LESS REO BALANCE FOR CURRENT
    MONTHS P&I PAYMENTS NOT ADVANCED            0.00          0.00          0.00
  ADJ BEGINNING PRINCIPAL
    CURRENT MONTHS P&I CALCULATION      1,991,366.53  1,991,366.53  1,991,366.53
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                    2,144.64      2,144.64      2,144.64
  PRINCIPAL PREPAYMENT
    ADDITIONAL PRINCIPAL                       75.00         75.00         75.00
    PAYOFF PRINCIPAL                      129,689.24    129,689.24    129,689.24
    REO PRINCIPAL                               0.00          0.00          0.00
    PRINCIPAL ADJUSTMENT + OR -                 0.00          0.00          0.00
3)  TOTAL PRINCIPAL REMITTANCE            131,908.88    131,908.88    131,908.88
ENDING PRINCIPAL BALANCE                1,989,146.89  1,989,146.89  1,989,146.89


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
60-89 DAYS              1    150,790.72
  PRINCIPAL                                   512.66        512.66        512.66
  INTEREST                                  4,283.29      4,283.29      4,283.29
OVER 90 DAYS            0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
FORECLOSURE             1    193,864.80
  PRINCIPAL                                 8,479.33      8,479.33      8,479.33
  INTEREST                                101,572.67    101,572.67    101,572.67
REO                     0          0.00         0.00
  PRINICPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
        TOTAL           2    344,655.52   114,847.95    114,847.95    114,847.95


***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED

NET INTEREST                                    0.00          0.00          0.00
SERVICE FEE                                     0.00          0.00          0.00
PRINCIPAL                                       0.00          0.00          0.00
TOTAL NOT ADVANCED                              0.00          0.00          0.00

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
         THROUGH DEPARTMENT (319-236-4797)
- ------------------------------------------------------------------------
<PAGE>


                          GMAC MORTGAGE CORPORATION
                                PO BOX 780
                          WATERLOO, IA 50704
                 SERIES 1986-2 HG
                 PARTICIPATION CERTIFICATE REMITTANCE ADVICE

INVESTOR NAME:  SALOMON BROTHERS INC
ADDRESS:        DIVIDEND DEPT 44TH FLOOR
                ONE NEW YORK PLAZA
                NEW YORK, NY 10004

CONTROL NUMBER:    3505                 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER:  000001    NON CALIFORNIA LOANS:       4,781,297.08
CERTIFICATE NUMBER OF UNITS:  0001      SPECIAL HAZARD INSURANCE:   1,000,000.00
                                        BANKRUPTCY BOND:              312,027.16

SCHEDULED INSTALLMENTS OF: 7/01/96
        GROSS INTEREST RATE:  11.195907
          NET INTEREST RATE:  10.000000
        TOTAL NUMBER OF LOANS:       3
REPORT DATE: 7/25/96


***SECTION 1***REMITTANCE DATA             POOL TOTAL    PER UNIT    CERT TOTAL

GROSS INTEREST                              2,180.26      2,180.26      2,180.26
    LESS SERVICE FEE                          232.88        232.88        232.88
NET INTEREST                                1,947.38      1,947.38      1,947.38
PAYOFF NET INTEREST                           327.60        327.60        327.60
   PLUS REO NET INT GAIN                        0.00          0.00          0.00
   LESS REO REIMBURSEMENT                       0.00          0.00          0.00
PRINCIPAL INSTALLMENT                       3,365.36      3,365.36      3,365.36
  ADDITIONAL PRINCIPAL                          0.00          0.00          0.00
  PAYOFF PRINCIPAL                         66,443.50     66,443.50     66,443.50
  REO PRINCIPAL                                 0.00          0.00          0.00
      ADJUSTMENT + OR-                          0.00          0.00          0.00
        TOTAL REMITTANCE                   72,083.84     72,083.84     72,083.84


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE           300,128.69    300,128.69    300,128.69
    LESS PAYOFF PRINCIPAL BALANCE          66,443.50     66,443.50     66,443.50
2)  LESS REO BALANCE REMOVAL                    0.00          0.00          0.00
    LESS REO BALANCE FOR CURRENT
    MONTHS P&I PAYMENTS NOT ADVANCED            0.00          0.00          0.00
  ADJ BEGINNING PRINCIPAL
    CURRENT MONTHS P&I CALCULATION        233,685.19    233,685.19    233,685.19
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                    3,365.36      3,365.36      3,365.36
  PRINCIPAL PREPAYMENT
    ADDITIONAL PRINCIPAL                        0.00          0.00          0.00
    PAYOFF PRINCIPAL                       66,443.50     66,443.50     66,443.50
    REO PRINCIPAL                               0.00          0.00          0.00
    PRINCIPAL ADJUSTMENT + OR -                 0.00          0.00          0.00
3)  TOTAL PRINCIPAL REMITTANCE             69,808.86     69,808.86     69,808.86
ENDING PRINCIPAL BALANCE                  230,319.83    230,319.83    230,319.83


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
60-89 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
OVER 90 DAYS            0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
FORECLOSURE             0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
REO                     0          0.00
  PRINICPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
        TOTAL           0          0.00         0.00          0.00          0.00


***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED

NET INTEREST                                    0.00          0.00          0.00
SERVICE FEE                                     0.00          0.00          0.00
PRINCIPAL                                       0.00          0.00          0.00
TOTAL NOT ADVANCED                              0.00          0.00          0.00

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
          THROUGH DEPARTMENT (319-236-4797)
- -------------------------------------------------------------------------
<PAGE>


                          GMAC MORTGAGE CORPORATION
                                PO BOX 780
                          WATERLOO, IA 50704
                 SERIES 1986-4 HL
                 PARTICIPATION CERTIFICATE REMITTANCE ADVICE

INVESTOR NAME:  SALOMON BROTHERS INC
ADDRESS:        DIVIDEND DEPT 44TH FLOOR
                ONE NEW YORK PLAZA
                NEW YORK, NY 10004

CONTROL NUMBER:    3506                 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER:  000001    NON CALIFORNIA LOANS:       6,711,109.51
CERTIFICATE NUMBER OF UNITS:  0001      SPECIAL HAZARD INSURANCE:     368,860.56
                                        BANKRUPTCY BOND:              342,969.66

SCHEDULED INSTALLMENTS OF:  7/01/96
        GROSS INTEREST RATE:  12.399244
          NET INTEREST RATE:  10.250000
        TOTAL NUMBER OF LOANS:       9
REPORT DATE: 7/25/96


***SECTION 1***REMITTANCE DATA             POOL TOTAL    PER UNIT    CERT TOTAL

GROSS INTEREST                              8,681.34      8,681.34      8,681.34
    LESS SERVICE FEE                        1,504.79      1,504.79      1,504.79
NET INTEREST                                7,176.55      7,176.55      7,176.55
PAYOFF NET INTEREST                             0.00          0.00          0.00
   PLUS REO NET INT GAIN                        0.00          0.00          0.00
   LESS REO REIMBURSEMENT                       0.00          0.00          0.00
PRINCIPAL INSTALLMENT                         913.06        913.06        913.06
  ADDITIONAL PRINCIPAL                          0.00          0.00          0.00
  PAYOFF PRINCIPAL                              0.00          0.00          0.00
  REO PRINCIPAL                                 0.00          0.00          0.00
      ADJUSTMENT + OR-                          0.00          0.00          0.00
        TOTAL REMITTANCE                    8,089.61      8,089.61      8,089.61


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE           840,180.62    840,180.62    840,180.62
    LESS PAYOFF PRINCIPAL BALANCE               0.00          0.00          0.00
2)  LESS REO BALANCE REMOVAL                    0.00          0.00          0.00
    LESS REO BALANCE FOR CURRENT
    MONTHS P&I PAYMENTS NOT ADVANCED            0.00          0.00          0.00
  ADJ BEGINNING PRINCIPAL
    CURRENT MONTHS P&I CALCULATION        840,180.62    840,180.62    840,180.62
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                      913.06        913.06        913.06
  PRINCIPAL PREPAYMENT
    ADDITIONAL PRINCIPAL                        0.00          0.00          0.00
    PAYOFF PRINCIPAL                            0.00          0.00          0.00
    REO PRINCIPAL                               0.00          0.00          0.00
    PRINCIPAL ADJUSTMENT + OR -                 0.00          0.00          0.00
3)  TOTAL PRINCIPAL REMITTANCE                913.06        913.06        913.06
ENDING PRINCIPAL BALANCE                  839,267.56    839,267.56    839,267.56


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
60-89 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
OVER 90 DAYS            0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
FORECLOSURE             1     74,862.29
  PRINCIPAL                                 1,137.50      1,137.50      1,137.50
  INTEREST                                 18,276.50     18,276.50     18,276.50
REO                     0          0.00
  PRINICPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
        TOTAL           1     74,862.29    19,414.00     19,414.00     19,414.00


***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED

NET INTEREST                                    0.00          0.00          0.00
SERVICE FEE                                     0.00          0.00          0.00
PRINCIPAL                                       0.00          0.00          0.00
TOTAL NOT ADVANCED                              0.00          0.00          0.00

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
          THROUGH DEPARTMENT (319-236-4797)
- --------------------------------------------------------------------------
<PAGE>



                          GMAC MORTGAGE CORPORATION
                                PO BOX 780
                          WATERLOO, IA 50704
                 SERIES 1986-9 HC
                 PARTICIPATION CERTIFICATE REMITTANCE ADVICE

INVESTOR NAME:  SALOMON BROTHERS INC
ADDRESS:        DIVIDEND DEPT 44TH FLOOR
                ONE NEW YORK PLAZA
                NEW YORK, NY 10004

CONTROL NUMBER:    3503                 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER:  000001    NON CALIFORNIA LOANS:       4,321,303.44
CERTIFICATE NUMBER OF UNITS:  0001      SPECIAL HAZARD INSURANCE:     557,517.94
                                        BANKRUPTCY BOND:              397,835.15

SCHEDULED INSTALLMENTS OF:  7/01/96
        GROSS INTEREST RATE:  10.793030
          NET INTEREST RATE:   9.000000
        TOTAL NUMBER OF LOANS:       4
REPORT DATE: 7/25/96


***SECTION 1***REMITTANCE DATA             POOL TOTAL    PER UNIT    CERT TOTAL

GROSS INTEREST                              2,853.13      2,853.13      2,853.13
    LESS SERVICE FEE                          473.98        473.98        473.98
NET INTEREST                                2,379.15      2,379.15      2,379.15
PAYOFF NET INTEREST                             0.00          0.00          0.00
   PLUS REO NET INT GAIN                        0.00          0.00          0.00
   LESS REO REIMBURSEMENT                       0.00          0.00          0.00
PRINCIPAL INSTALLMENT                       4,332.90      4,332.90      4,332.90
  ADDITIONAL PRINCIPAL                          0.00          0.00          0.00
  PAYOFF PRINCIPAL                              0.00          0.00          0.00
  REO PRINCIPAL                                 0.00          0.00          0.00
      ADJUSTMENT + OR-                          0.00          0.00          0.00
        TOTAL REMITTANCE                    6,712.05      6,712.05      6,712.05


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE           317,218.95    317,218.95    317,218.95
    LESS PAYOFF PRINCIPAL BALANCE               0.00          0.00          0.00
2)  LESS REO BALANCE REMOVAL                    0.00          0.00          0.00
    LESS REO BALANCE FOR CURRENT
    MONTHS P&I PAYMENTS NOT ADVANCED            0.00          0.00          0.00
  ADJ BEGINNING PRINCIPAL
    CURRENT MONTHS P&I CALCULATION        317,218.95    317,218.95    317,218.95
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                    4,332.90      4,332.90      4,332.90
  PRINCIPAL PREPAYMENT
    ADDITIONAL PRINCIPAL                        0.00          0.00          0.00
    PAYOFF PRINCIPAL                            0.00          0.00          0.00
    REO PRINCIPAL                               0.00          0.00          0.00
    PRINCIPAL ADJUSTMENT + OR -                 0.00          0.00          0.00
3)  TOTAL PRINCIPAL REMITTANCE              4,332.90      4,332.90      4,332.90
ENDING PRINCIPAL BALANCE                  312,886.05    312,886.05    312,886.05


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
60-89 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
OVER 90 DAYS            0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
FORECLOSURE             0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
REO                     0          0.00
  PRINICPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
        TOTAL           0          0.00         0.00          0.00          0.00


***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED

NET INTEREST                                    0.00          0.00          0.00
SERVICE FEE                                     0.00          0.00          0.00
PRINCIPAL                                       0.00          0.00          0.00
TOTAL NOT ADVANCED                              0.00          0.00          0.00

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
          THROUGH DEPARTMENT (319-236-4797)
- ----------------------------------------------------------------------------
<PAGE>


                          GMAC MORTGAGE CORPORATION
                                PO BOX 780
                          WATERLOO, IA 50704
                 SERIES 1986-11 DQ
                 PARTICIPATION CERTIFICATE REMITTANCE ADVICE

INVESTOR NAME:  SALOMON BROTHERS INC
ADDRESS:        DIVIDEND DEPT 44TH FLOOR
                ONE NEW YORK PLAZA
                NEW YORK, NY 10004

CONTROL NUMBER:    3500                 MORTGAGE POOL INSURANCE
INVESTOR CERTIFICATE NUMBER:  000001    NON CALIFORNIA LOANS:       3,539,063.13
CERTIFICATE NUMBER OF UNITS:  0001      SPECIAL HAZARD INSURANCE:     376,984.52
                                        BANKRUPTCY BOND:              488,435.46

SCHEDULED INSTALLMENTS OF:  7/01/96
        GROSS INTEREST RATE:  11.379294
          NET INTEREST RATE:   9.200000
        TOTAL NUMBER OF LOANS:       14
REPORT DATE: 7/25/96


***SECTION 1***REMITTANCE DATA             POOL TOTAL   PER UNIT     CERT TOTAL

GROSS INTEREST                             13,177.61     13,177.61     13,177.61
    LESS SERVICE FEE                        2,523.71      2,523.71      2,523.71
NET INTEREST                               10,653.90     10,653.90     10,653.90
PAYOFF NET INTEREST                             0.00          0.00          0.00
   PLUS REO NET INT GAIN                        0.00          0.00          0.00
   LESS REO REIMBURSEMENT                       0.00          0.00          0.00
PRINCIPAL INSTALLMENT                       1,688.93      1,688.93      1,688.93
  ADDITIONAL PRINCIPAL                          0.63          0.63          0.63
  PAYOFF PRINCIPAL                              0.00          0.00          0.00
  REO PRINCIPAL                                 0.00          0.00          0.00
      ADJUSTMENT + OR-                          0.00          0.00          0.00
        TOTAL REMITTANCE                   12,343.46     12,343.46     12,343.46


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE         1,389,640.85  1,389,640.85  1,389,640.85
    LESS PAYOFF PRINCIPAL BALANCE               0.00          0.00          0.00
2)  LESS REO BALANCE REMOVAL                    0.00          0.00          0.00
    LESS REO BALANCE FOR CURRENT
    MONTHS P&I PAYMENTS NOT ADVANCED            0.00          0.00          0.00
  ADJ BEGINNING PRINCIPAL
    CURRENT MONTHS P&I CALCULATION      1,389,640.85  1,389,640.85  1,389,640.85
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                    1,688.93      1,688.93      1,688.93
  PRINCIPAL PREPAYMENT
    ADDITIONAL PRINCIPAL                        0.63          0.63          0.63
    PAYOFF PRINCIPAL                            0.00          0.00          0.00
    REO PRINCIPAL                               0.00          0.00          0.00
    PRINCIPAL ADJUSTMENT + OR -                 0.00          0.00          0.00
3)  TOTAL PRINCIPAL REMITTANCE              1,689.56      1,689.56      1,689.56
ENDING PRINCIPAL BALANCE                1,387,951.29  1,387,951.29  1,387,951.29


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
60-89 DAYS              0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
OVER 90 DAYS            1    131,593.79
  PRINCIPAL                                   630.26        630.26        630.26
  INTEREST                                  7,456.54      7,456.54      7,456.54
FORECLOSURE             0          0.00
  PRINCIPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
REO                     0          0.00
  PRINICPAL                                     0.00          0.00          0.00
  INTEREST                                      0.00          0.00          0.00
        TOTAL           1    131,593.79     8,086.80      8,086.80      8,086.80


***SECTION 4***TOTAL DETAIL OF DELINQUENCY NOT ADVANCED

NET INTEREST                                    0.00          0.00          0.00
SERVICE FEE                                     0.00          0.00          0.00
PRINCIPAL                                       0.00          0.00          0.00
TOTAL NOT ADVANCED                              0.00          0.00          0.00

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
         THROUGH DEPARTMENT (319-236-4797)
- ---------------------------------------------------------------------------
<PAGE>
Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1986-12  (POOL  3010)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3010                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      795483AN6   51,185,471.15        414,860.95      8.0000           666.36  
STRIP                      0.00              0.00      1.4206             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  51,185,471.15        414,860.95                       666.36  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            2,765.74          0.00         3,432.10        0.00       414,194.59
STRIP         491.14          0.00           491.14        0.00             0.00
                                                                                
            3,256.88          0.00         3,923.24        0.00       414,194.59
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
        8.105053   0.013019     0.054034      0.000000      0.067053    8.092034
STRIP   0.000000   0.000000     0.009595      0.000000      0.009595    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1986-12 (POOL 3010)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       86.43 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   155.57 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                     414,194.59 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                           414,760.95 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                   3      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     100.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION              566.36 
                                                                                
       MORTGAGE POOL INSURANCE                             3,273,620.71         
       SPECIAL HAZARD LOSS COVERAGE                          973,995.52         
       BANKRUPTCY BOND                                             0.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.1206% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.008092034 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1986-15  (POOL  3014)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3014                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      795483AR7   50,250,749.71      1,381,701.01      8.0000         2,174.49  
STRIP                      0.00              0.00      1.5790             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  50,250,749.71      1,381,701.01                     2,174.49  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            9,211.34          0.00        11,385.83        0.00     1,379,526.52
STRIP       1,818.13          0.00         1,818.13        0.00             0.00
                                                                                
           11,029.47          0.00        13,203.96        0.00     1,379,526.52
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       27.496127   0.043273     0.183308      0.000000      0.226581   27.452854
STRIP   0.000000   0.000000     0.036181      0.000000      0.036181    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1986-15 (POOL 3014)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      396.69 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   500.87 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,235.77 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    130,564.16 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   1,379,526.52 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         1,382,254.04 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                   9      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     100.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,074.49 
                                                                                
       MORTGAGE POOL INSURANCE                             2,916,016.00         
       SPECIAL HAZARD LOSS COVERAGE                          718,071.50         
       BANKRUPTCY BOND                                             0.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.3586% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.027452854 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1987-1  (POOL  3029)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3029                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      795483BA3   96,428,600.14      5,374,599.16      8.5000         7,739.02  
STRIP                      0.00              0.00      0.9110             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  96,428,600.14      5,374,599.16                     7,739.02  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           38,070.08          0.00        45,809.10        0.00     5,366,860.14
STRIP       4,080.10          0.00         4,080.10        0.00             0.00
                                                                                
           42,150.18          0.00        49,889.20        0.00     5,366,860.14
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       55.736567   0.080256     0.394801      0.000000      0.475057   55.656311
STRIP   0.000000   0.000000     0.042312      0.000000      0.042312    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-1 (POOL 3029)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,361.54 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,769.14 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,982.88 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    293,443.07 
      (B)  TWO MONTHLY PAYMENTS:                                1    163,603.87 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    277,363.64 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,366,860.14 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,382,090.82 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  38      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     737.05 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            7,001.97 
                                                                                
       MORTGAGE POOL INSURANCE                             5,237,225.62         
       SPECIAL HAZARD LOSS COVERAGE                          975,802.16         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.3332% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.055656311 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1987-3  (POOL  3028)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3028                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      795483AY2   99,525,248.34      3,003,868.84      6.5000       160,249.75  
STRIP                      0.00              0.00      2.9040             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  99,525,248.34      3,003,868.84                   160,249.75  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           15,957.65          0.00       176,207.40        0.00     2,843,619.09
STRIP       7,123.79          0.00         7,123.79        0.00             0.00
                                                                                
           23,081.44          0.00       183,331.19        0.00     2,843,619.09
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       30.181978   1.610142     0.160338      0.000000      1.770480   28.571836
STRIP   0.000000   0.000000     0.071578      0.000000      0.071578    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-3 (POOL 3028)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,162.61 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,018.83 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,092.47 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    145,594.10 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    178,996.62 
      (D)  LOANS IN FORECLOSURE                                 2    311,264.33 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,843,619.09 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,851,436.72 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  16      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      154,100.65 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,232.96 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,916.14 
                                                                                
       MORTGAGE POOL INSURANCE                             7,415,287.30         
       SPECIAL HAZARD LOSS COVERAGE                          976,420.16         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.2874% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.028571836 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1987-4  (POOL  3033)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3033                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      795483BB1  106,883,729.60      7,476,213.07      7.0000        12,194.74  
STRIP                      0.00              0.00      1.9581             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 106,883,729.60      7,476,213.07                    12,194.74  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           43,611.24          0.00        55,805.98        0.00     7,464,018.33
STRIP      12,199.39          0.00        12,199.39        0.00             0.00
                                                                                
           55,810.63          0.00        68,005.37        0.00     7,464,018.33
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       69.947158   0.114094     0.408025      0.000000      0.522119   69.833064
STRIP   0.000000   0.000000     0.114137      0.000000      0.114137    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-4 (POOL 3033)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,924.57 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,585.52 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,680.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    316,310.34 
      (B)  TWO MONTHLY PAYMENTS:                                1    188,003.34 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    673,064.07 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   7,464,018.33 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         7,481,897.75 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  40      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     648.44 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           11,546.30 
                                                                                
       MORTGAGE POOL INSURANCE                             6,802,512.01         
       SPECIAL HAZARD LOSS COVERAGE                          973,390.58         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.8425% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.069833064 

 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/96
MONTHLY Cutoff:                Jun-96
DETERMINATION DATE:          07/22/96
RUN TIME/DATE:               07/12/96       09:34 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4000
SERIES:  1987-S1
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                             CLASS A       STRIP
CUSIP Number                          795483BD7               NA
Tot Principal and Interest Distr           14,952.21    6,075.10

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 2,356.05
Total Principal Prepayments                    46.38
Principal Payoffs-In-Full                       0.00
Principal Curtailments                         46.38
Principal Liquidations                          0.00
Scheduled Principal Due                     2,309.67

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 12,596.16    6,075.10
Prepayment Interest Shortfall                   0.00        0.00
Unpaid Interest Shortfall Paid                  0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        117,952,531.57
Current Period BEGINNING Prin Bal       1,778,281.69
Current Period ENDING Prin Bal          1,775,925.64
Change in Principal Balance                 2,356.05

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.019975
Interest Distributed                        0.106790
Total Distribution                          0.126765
Total Principal Prepayments                 0.000393
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                15.076249
ENDING Principal Balance                   15.056274

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.500000%   1.586075%
Subordinated Unpaid Amounts
Period Ending Class Percentages            38.689185%
Prepayment Percentages                     38.689185%
Trading Factors                             1.505627%
Certificate Denominations                      1,000
Sub-Servicer Fees                             567.13
Master Servicer Fees                          213.22
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Principal and Interest Distr           19,024.04      110.87      40,162.22

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 3,073.65                   5,429.70
Total Principal Prepayments                    73.50                     119.88
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                         73.50                     119.88
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     3,398.42                   5,708.09

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 15,950.39      110.87      34,732.52
Prepayment Interest Shortfall                   0.00        0.00           0.00
Unpaid Interest Shortfall Paid                  0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          8,878,147.54             126,830,679.11
Current Period BEGINNING Prin Bal       2,818,045.97               4,596,327.66
Current Period ENDING Prin Bal          2,814,312.32               4,590,237.96
Change in Principal Balance                 3,733.65                   6,089.70

PER CERTIFICATE DATA BY CLASS
Principal Distributed                      86.550995
Interest Distributed                      449.147469
Total Distribution                        535.698464
Total Principal Prepayments                 2.069689
Current Period Interest Shortfall
BEGINNING Principal Balance               317.413735
ENDING Principal Balance                  316.993191

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.380000%   0.120000%
Subordinated Unpaid Amounts               502,139.66    4,340.37     506,480.03
Period Ending Class Percentages            61.310815%
Prepayment Percentages                     61.310815%
Trading Factors                            31.699319%                  3.619186%
Certificate Denominations                    250,000
Sub-Servicer Fees                             898.72                   1,465.85
Master Servicer Fees                          337.88                     551.10
Percentage Interest
Current Period Master Servicer Advance                                     0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,268,306.80
Current Special Hazard Amount           1,268,306.80


                                              Unpaid      Number
POOL DELINQUENCY DATA                       Prin Bal    of Loans
Loans Delinquent ONE Payment                    0.00           0
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         826,612.14           3
Tot Unpaid Principal on Delinq Loans      826,612.14           3
Loans in Foreclosure, INCL in Delinq      636,091.52           2
REO/Pending Cash Liquidations             190,520.62           1
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments           19.6109%
Loans in Pool                                     24
Current Period Sub-Servicer Fee             1,465.85
Current Period Master Servicer Fee            551.10
Aggregate REO Losses                     (432,582.04)
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/96
MONTHLY Cutoff:                Jun-96
DETERMINATION DATE:          07/22/96
RUN TIME/DATE:               07/12/96       09:41 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4001
SERIES:  1987-S2
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                          CLASS A       STRIP
CUSIP Number                          760920AB4               NA
Total Principal and Interest Distr         59,640.82    2,931.69

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                38,541.01
Total Principal Prepayments                   771.50
Principal Payoffs-In-Full                       0.00
Principal Curtailments                        771.50
Principal Liquidations                          0.00
Scheduled Principal Due                    37,769.51

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 21,099.81    2,931.69
Prepayment Interest Shortfall                   0.00        0.00
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        120,690,107.20
Current Period BEGINNING Princ Bal      2,978,796.90
Current Period ENDING Princ Bal         2,940,255.89
Change in Principal Balance                38,541.01


PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.319339
Interest Distributed                        0.174826
Total Distribution                          0.494165
Total Principal Prepayments                 0.006392
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                24.681368

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.500000%   0.837900%
Subordinated Unpaid Amounts
Period Ending Class Percentages            70.946950%
Prepayment Percentages                     70.946950%
Trading Factors                             2.436203%
Certificate Denominations                      1,000
Sub-Servicer Fees                           1,230.82
Master Servicer Fees                          372.35
Percentage Interest
Curr Per Master Servicer Advance Amt            0.00


                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Principal and Interest Distr         19,981.40      131.61      82,685.52

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                13,130.51                  51,671.52
Total Principal Prepayments                   315.93                   1,087.43
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                        315.93                   1,087.43
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    15,466.76                  53,236.27

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  6,850.89      131.61      31,014.00
Prepayment Interest Shortfall                   0.00        0.00           0.00
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          6,352,110.91             127,042,218.11
Current Period BEGINNING Princ Bal      1,219,828.84               4,198,625.74
Current Period ENDING Princ Bal         1,204,046.15               4,144,302.04
Change in Principal Balance                15,782.69                  54,323.70

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     516.777422
Interest Distributed                      269.630446
Total Distribution                        786.407868
Total Principal Prepayments                12.434056
Current Period Interest Shortfall
BEGINNING Principal Balance               192.035192
ENDING Principal Balance                  189.550555

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.270000%   0.230000%
Subordinated Unpaid Amounts               151,100.58    1,149.59     152,250.17
Period Ending Class Percentages           151,100.58
Prepayment Percentages                     29.053050%
Trading Factors                            18.955056%                  3.262146%
Certificate Denominations                    250,000
Sub-Servicer Fees                             504.03                   1,734.85
Master Servicer Fees                          152.48                     524.83
Percentage Interest
Curr Per Master Servicer Advance Amt                                       0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,270,422.18
Current Special Hazard Amount           1,204,046.15
POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Balance       Loans
Loans Delinquent ONE Payment                    0.00           0
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         241,504.93           2
Tot Unpaid Princ on Delinquent Loans      241,504.93           2
Loans in Foreclosure, INCL in Delinq      106,225.55           1
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           5.4446%

Loans in Pool                                     39
Current Period Sub-Servicer Fee             1,734.85
Current Period Master Servicer Fee            524.83

Aggregate REO Losses                     (157,946.84)
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/96
MONTHLY Cutoff:                Jun-96
DETERMINATION DATE:          07/22/96
RUN TIME/DATE:               07/12/96       09:46 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4003
SERIES:  1987-S4
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                          CLASS A       STRIP
CUSIP Number                          760920AF5               NA
Total Princ and Interest Distributed       33,114.57        0.00

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 5,452.04
Total Principal Prepayments                   362.81
Principal Payoffs-In-Full                       0.00
Principal Curtailments                        362.81
Principal Liquidations                          0.00
Scheduled Principal Due                     5,089.23

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 27,662.53        0.00
Prepayment Interest Shortfall                   0.00        0.00
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        110,068,019.34
Curr Period BEGINNING Princ Balance     3,637,811.82
Curr Period ENDING Princ Balance        3,632,359.78
Change in Principal Balance                 5,452.04

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.049533
Interest Distributed                        0.251322
Total Distribution                          0.300856
Total Principal Prepayments                 0.003296
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                33.050579
ENDING Principal Balance                   33.001046

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               9.125000%   0.000000%
Subordinated Unpaid Amounts
Period Ending Class Percentages            59.929173%
Prepayment Percentages                     59.929173%
Trading Factors                             3.300105%
Certificate Denominations                      1,000
Sub-Servicer Fees                           1,369.60
Master Servicer Fees                          440.88
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00


                                             CLASS B     CLASS C         TOTALS
CUSIP Number
Total Princ and Interest Distributed       19,105.09       11.04      52,230.70

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 3,236.15                   8,688.19
Total Principal Prepayments                   242.59                     605.40
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                        242.59                     605.40
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     3,192.24                   8,281.47

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 15,868.94       11.04      43,542.51
Prepayment Interest Shortfall                   0.00        0.00           0.00
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          7,967,390.14             118,035,409.48
Curr Period BEGINNING Princ Balance     2,432,373.38               6,070,185.20
Curr Period ENDING Princ Balance        2,428,727.95               6,061,087.73
Change in Principal Balance                 3,645.43                   9,097.47


PER CERTIFICATE DATA BY CLASS
Principal Distributed                     101.543603
Interest Distributed                      497.934070
Total Distribution                        599.477673
Total Principal Prepayments                 7.611966
Current Period Interest Shortfall
BEGINNING Principal Balance               305.291110
ENDING Principal Balance                  304.833566

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               9.105000%   0.020000%
Subordinated Unpaid Amounts             1,165,604.92    1,196.02   1,166,800.94
Period Ending Class Percentages            40.070827%
Prepayment Percentages                     40.070827%
Trading Factors                            30.483357%                  5.134974%
Certificate Denominations                    250,000
Sub-Servicer Fees                             915.76                   2,285.36
Master Servicer Fees                          294.79                     735.67
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           3,571,751.49
Current Special Hazard Amount           2,428,727.95

POOL DELINQUENCY DATA                  Unpaid Princ    Number of
                                          Balance          Loans

Loans Delinquent ONE Payment              227,782.13           1
Loans Delinquent TWO Payments             206,727.15           1
Loans Delinquent THREE + Payments         351,719.30           2
Tot Unpaid Principal on Delinq Loans      786,228.58           4
Loans in Foreclosure, INCL in Delinq      366,705.03           2
REO/Pending Cash Liquidations             191,741.42           1
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           9.6784%

Loans in Pool                                     31
Current Period Sub-Servicer Fee             2,285.36
Current Period Master Servicer Fee            735.67

Aggregate REO Losses                   (1,124,211.17)
 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1987-6  (POOL  3042)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3042                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AD0  126,773,722.44      8,884,453.85      8.5000       237,237.80  
STRIP                      0.00              0.00      0.2737             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 126,773,722.44      8,884,453.85                   237,237.80  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           61,941.66          0.00       299,179.46        0.00     8,647,216.05
STRIP       2,002.54          0.00         2,002.54        0.00             0.00
                                                                                
           63,944.20          0.00       301,182.00        0.00     8,647,216.05
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       70.081194   1.871348     0.488600      0.000000      2.359948   68.209846
STRIP   0.000000   0.000000     0.015796      0.000000      0.015796    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-6 (POOL 3042)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,609.10 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,022.03 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,852.54 
    MASTER SERVICER ADVANCES THIS MONTH                                3,906.89 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    507,677.67 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    135,695.30 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,647,216.05 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         8,255,232.56 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  42      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             453,252.30 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      224,051.35 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     910.79 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,275.66 
                                                                                
       MORTGAGE POOL INSURANCE                             8,195,537.67         
       SPECIAL HAZARD LOSS COVERAGE                        1,165,417.74         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.7362% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.068209846 

 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/96
MONTHLY Cutoff:                Jun-96
DETERMINATION DATE:          07/22/96
RUN TIME/DATE:               07/12/96       09:53 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4004
SERIES:  1987-S5
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                          CLASS A       STRIP
CUSIP Number                          760920AH1               NA
Total Princ and Interest Distributed       52,779.34    1,615.23

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                32,829.46
Total Principal Prepayments                 2,048.07
Principal Payoffs-In-Full                       0.00
Principal Curtailments                      2,048.07
Principal Liquidations                          0.00
Scheduled Principal Due                    30,781.39

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 19,949.88    1,615.23
Prepayment Interest Shortfall                   0.00        0.00
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         72,064,664.88
Current Period BEGINNING Princ Balance  2,735,983.95
Current Period ENDING Princ Balance     2,703,154.49
Change in Principal Balance                32,829.46

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.455556
Interest Distributed                        0.276833
Total Distribution                          0.732389
Total Principal Prepayments                 0.028420
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                37.965679
ENDING Principal Balance                   37.510124

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.750000%   0.533500%
Subordinated Unpaid Amounts
Period Ending Class Percentages            75.306471%
Prepayment Percentages                     75.306471%
Trading Factors                             3.751012%
Certificate Denominations                      1,000
Sub-Servicer Fees                             755.06
Master Servicer Fees                          342.00
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       24,305.49       40.24      78,740.30

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                10,765.02                  43,594.48
Total Principal Prepayments                   671.58                   2,719.65
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                        671.58                   2,719.65
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    10,093.44                  40,874.83

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 13,540.47       40.24      35,145.82
Prepayment Interest Shortfall                   0.00        0.00           0.00
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          3,395,717.19              75,460,382.07
Current Period BEGINNING Princ Balance    897,148.66               3,633,132.61
Current Period ENDING Princ Balance       886,383.64               3,589,538.13
Change in Principal Balance                10,765.02                  43,594.48

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     792.543916
Interest Distributed                      996.878512
Total Distribution                      1,789.422428
Total Principal Prepayments                49.443163
Current Period Interest Shortfall
BEGINNING Principal Balance               264.200053
ENDING Principal Balance                  261.029877

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.690000%   0.060000%
Subordinated Unpaid Amounts               173,093.70      286.61     173,380.31
Period Ending Class Percentages            24.693529%
Prepayment Percentages                     24.693529%
Trading Factors                            26.102988%                  4.756851%
Certificate Denominations                    250,000
Sub-Servicer Fees                             247.59                   1,002.65
Master Servicer Fees                          112.14                     454.14
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,207,366.12
Current Special Hazard Amount             886,383.64

POOL DELINQUENCY DATA                  Unpaid Princ    Number of
                                          Balance          Loans

Loans Delinquent ONE Payment              227,770.84           1
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         299,716.31           2
Tot Unpaid Princ on Delinquent Loans      527,487.15           3
Loans in Foreclosure, INCL in Delinq      299,716.31           2
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Average Delinq 2+ Pmts             11.5185%

Loans in Pool                                     41
Curr Period Sub-Servicer Fee                1,002.65
Curr Period Master Servicer Fee               454.14

Aggregate REO Losses                            0.00
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/96
MONTHLY Cutoff:                Jun-96
DETERMINATION DATE:          07/22/96
RUN TIME/DATE:               07/12/96       09:57 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4006
SERIES:  1987-S7
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                          CLASS A       STRIP
CUSIP Number                          760920AK4               NA
Total Princ and Interest Distributed      153,945.23      848.01

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               128,179.88
Total Principal Prepayments               123,372.94
Principal Payoffs-In-Full                 122,722.74
Principal Curtailments                        650.20
Principal Liquidations                          0.00
Scheduled Principal Due                     4,806.94

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 25,765.35      848.01
Prepayment Interest Shortfall                 203.68        0.00
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         95,187,665.32
Curr Period BEGINNING Princ Balance     3,462,536.69
Curr Period ENDING Princ Balance        3,334,356.81
Change in Principal Balance               128,179.88

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       1.346602
Interest Distributed                        0.270680
Total Distribution                          1.617281
Total Principal Prepayments                 1.296102
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                36.375897
ENDING Principal Balance                   35.029295

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               9.000000%   0.194701%
Subordinated Unpaid Amounts
Period Ending Class Percentages            66.023163%
Prepayment Percentages                     72.999244%
Trading Factors                             3.502930%
Certificate Denominations                      1,000
Sub-Servicer Fees                             839.60
Master Servicer Fees                          356.63
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       59,901.84       26.61     214,721.69

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                47,890.75                 176,070.63
Total Principal Prepayments                45,632.85                 169,005.79
Principal Payoffs-In-Full                  45,392.35                 168,115.09
Principal Curtailments                        240.50                     890.70
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,448.92                   7,255.86

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 12,011.09       26.61      38,651.06
Prepayment Interest Shortfall                 103.53        0.23         307.44
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          5,807,205.05             100,994,870.37
Curr Period BEGINNING Princ Balance     1,764,008.34               5,226,545.03
Curr Period ENDING Princ Balance        1,715,926.57               5,050,283.38
Change in Principal Balance                48,081.77                 176,261.65


PER CERTIFICATE DATA BY CLASS
Principal Distributed                   2,061.695325
Interest Distributed                      517.077058
Total Distribution                      2,578.772382
Total Principal Prepayments             1,964.492798
Current Period Interest Shortfall
BEGINNING Principal Balance               303.762021
ENDING Principal Balance                  295.482346

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.980000%   0.020000%
Subordinated Unpaid Amounts               373,699.26      287.24     373,986.50
Period Ending Class Percentages            33.976837%
Prepayment Percentages                     27.000756%
Trading Factors                            29.548235%                  5.000535%
Certificate Denominations                    250,000
Sub-Servicer Fees                             432.07                   1,271.67
Master Servicer Fees                          183.53                     540.16
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,201,838.96
Current Special Hazard Amount           1,201,838.96
POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Balance          Loans
Loans Delinquent ONE Payment              110,273.70           2
Loans Delinquent TWO Payments             490,058.41           1
Loans Delinquent THREE + Payments         145,525.86           1
Total Unpaid Principal on Delinq Loans    745,857.97           4
Loans in Foreclosure, INCL in Delinq            0.00           0
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts          10.9740%

Loans in Pool                                     33
Current Period Sub-Servicer Fee             1,271.67
Current Period Master Servicer Fee            540.16

Aggregate REO Losses                     (380,719.66)
 ................................................................................

CONDUIT SENIOR MORTGAGE PASS-THROUGH CERTIFICATES                   15-Jul-96
1987-SA1, CLASS A, 8.00721090% PASS-THROUGH RATE (POOL 4009)         10:26 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: JULY 22, 1996
DISTRIBUTION  DATE: JULY 25, 1996
ORIGINAL POOL BALANCE:            $43,895,323.25

BEGINNING POOL BALANCE                                          $4,533,515.48
ENDING POOL BALANCE                                             $4,373,231.70
PRINCIPAL DISTRIBUTIONS                                           $160,283.78

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                 $151,990.24
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 07/01                    $8,293.54
                                                   $160,283.78

INTEREST DUE ON BEG POOL BALANCE                    $30,250.68
PREPAYMENT INTEREST SHORTFALL                            $0.00
                                                                   $30,250.68

TOTAL DISTRIBUTION DUE THIS PERIOD                                $190,534.46

UNPAID INTEREST SHORTFALL                                               $0.00
ADVANCE BY MASTER SERVICER                                              $0.00

RFC MANAGEMENT FEE                                                    $438.16

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               60.901573%

TOTAL PRINCIPAL PASS-THROUGH PER SINGLE CERTIFICATE              $3.651500163
TOTAL INTEREST PASS-THROUGH PER SINGLE CERTIFICATE               $0.689154966
TOTAL PRINCIPAL PREPAYMENT PASS-THROUGH PER SINGLE CERTIFICATE   $3.462561128

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $7,180,818.94

TRADING FACTOR                                                    0.099628648

NUMBER OF LOANS DELINQUENT ONE MONTH                                        1
NUMBER OF LOANS DELINQUENT TWO OR MORE MONTHS                               0
NUMBER OF LOANS IN FORECLOSURE                                              0
NUMBER OF REO PROPERTIES                                                    1

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                     $299,603.56
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                                 $0.00
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                           $543,699.59

CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             15-Jul-96
1987-SA1, CLASS B, 7.97721090% PASS-THROUGH RATE (POOL 4009)         10:26 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: JULY 22, 1996
DISTRIBUTION  DATE: JULY 25, 1996
ORIGINAL POOL BALANCE:             $3,177,409.46

BEGINNING POOL BALANCE                                          $2,812,732.81
ENDING POOL BALANCE                                             $2,807,587.24
NET CHANGE TO PRINCIPAL BALANCE                                     $5,145.57

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 07/01                    $5,145.57
                                                                    $5,145.57

INTEREST DUE ON BEGINNING POOL BALANCE              $18,698.14
PREPAYMENT INTEREST SHORTFALL                            $0.00
LOSS ON LIQUIDATED MORTGAGE                              $0.00
                                                                   $18,698.14

TOTAL DISTRIBUTION DUE THIS PERIOD                                 $23,843.71

PRINCIPAL DISTRIBUTION PER SINGLE CERTIFICATE                         $404.86
INTEREST DISTRIBUTION PER SINGLE CERTIFICATE                        $1,471.18

ESTIMATED UNPAID AMOUNT (AFTER TAKING INTO ACCOUNT
   CURRENT DISTRIBUTION)                                                $0.00
ADVANCE BY MASTER SERVICER                                              $0.00

RFC MANAGEMENT FEE                                                    $271.85

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               39.098427%

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $7,180,818.94

NUMBER OF LOANS DELINQUENT ONE MONTH                                        1
NUMBER OF LOANS DELINQUENT TWO OR MORE MONTHS                               0
NUMBER OF LOANS IN FORECLOSURE                                              0
NUMBER OF REO PROPERTIES                                                    1

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                     $299,603.56
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                                 $0.00
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                           $543,699.59





CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             15-Jul-96
1987-SA1, CLASS C, 0.03% PASS-THROUGH RATE (POOL 4009)               10:26 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: JULY 22, 1996
DISTRIBUTION  DATE: JULY 25, 1996
ORIGINAL POOL BALANCE:                     $0.00

BEGINNING POOL BALANCE                                                  $0.00
ENDING POOL BALANCE                                                     $0.00
PRINCIPAL DISTRIBUTIONS                                                 $0.00

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     SCHEDULED PAYMENTS DUE 07/01                        $0.00
                                                         $0.00
INTEREST DUE ON BEGINNING POOL BALANCE AFTER DEDUCTING
CURRENT MONTH CLASS C UNPAID INTEREST AMOUNT            $70.32
PREPAYMENT INTEREST SHORTFALL                            $0.00
LOSS ON LIQUIDATED MORTGAGE                              $0.00

TOTAL DISTRIBUTION DUE THIS PERIOD                                     $70.32

CLASS C UNPAID AMOUNT                                                   $0.00

ADVANCE BY MASTER SERVICER                                              $0.00

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE                0.000000%

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $7,180,818.94

NUMBER OF LOANS DELINQUENT ONE MONTH                                        1
NUMBER OF LOANS DELINQUENT TWO OR MORE MONTHS                               0
NUMBER OF LOANS IN FORECLOSURE                                              0
NUMBER OF REO PROPERTIES                                                    1

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                     $299,603.56
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                                 $0.00
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                           $543,699.59















 ................................................................................

DISTRIBUTION DATE:           07/25/96
MONTHLY Cutoff:                Jun-96
DETERMINATION DATE:          07/22/96
RUN TIME/DATE:               07/15/96       12:12 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:  4010/11
SERIES:  1988-S1
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                          CLASS A
CUSIP Number                          760920AS7
Total Princ and Interest Distributed      655,253.11

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               595,070.28
Total Principal Prepayments               578,166.41
Principal Payoffs-In-Full                 575,639.65
Principal Curtailments                      2,526.76
Principal Liquidations                          0.00
Scheduled Principal Due                    16,903.87

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 60,182.83
Prepayment Interest Shortfall               2,656.66
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        173,064,503.72
Curr Period BEGINNING Princ Balance     7,361,271.17
Curr Period ENDING Princ Balance        6,766,200.89
Change in Principal Balance               595,070.28

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       3.438431
Interest Distributed                        0.347748
Total Distribution                          3.786179
Total Principal Prepayments                 3.340757
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                42.534841
ENDING Principal Balance                   39.096411

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                              10.243799%
Subordinated Unpaid Amounts
Period Ending Class Percentages            63.042095%
Prepayment Percentages                     70.876378%
Trading Factors                             3.909641%
Certificate Denominations                      1,000
Sub-Servicer Fees                           2,037.99
Master Servicer Fees                          728.21
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed      278,141.57      173.15     933,567.83

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               246,930.93                 842,001.21
Total Principal Prepayments               237,572.80                 815,739.21
Principal Payoffs-In-Full                 236,534.53                 812,174.18
Principal Curtailments                      1,038.27                   3,565.03
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     9,676.44                  26,580.31

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 31,210.64      173.15      91,566.62
Prepayment Interest Shortfall               1,517.80        2.97       4,177.43
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          9,589,326.06             182,653,829.78
Curr Period BEGINNING Princ Balance     4,213,878.40              11,575,149.57
Curr Period ENDING Princ Balance        3,966,629.16              10,732,830.05
Change in Principal Balance               247,249.24                 842,319.52

PER CERTIFICATE DATA BY CLASS
Principal Distributed                   6,437.650791
Interest Distributed                      813.681791
Total Distribution                      7,251.332582
Total Principal Prepayments             6,193.678224
Current Period Interest Shortfall
BEGINNING Principal Balance               439.434260
ENDING Principal Balance                  413.650463

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                              10.223799%   0.020000%
Subordinated Unpaid Amounts             1,189,284.89    1,077.87   1,147,763.36
Period Ending Class Percentages            36.957905%
Prepayment Percentages                     29.123622%
Trading Factors                            41.365046%                  5.876050%
Certificate Denominations                    250,000
Sub-Servicer Fees                           1,194.75                   3,232.74
Master Servicer Fees                          426.91                   1,155.12
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,826,538.30
Current Special Hazard Amount           1,826,538.30

POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Balance          Loans
Loans Delinquent ONE Payment              272,680.26           3
Loans Delinquent TWO Payments             556,629.68           3
Loans Delinquent THREE + Payments         347,884.87           2
Total Unpaid Principal on Delinq Loans  1,177,194.81           8
Loans in Foreclosure, INCL in Delinq      292,753.92           1
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           7.2343%

Loans in Pool                                     85
Current Period Sub-Servicer Fee             3,232.74
Current Period Master Servicer Fee          1,155.12

Aggregate REO Losses                   (1,012,143.24)
 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3A  (POOL  3085)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3085                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AW8   25,441,326.74      4,198,452.79      7.6333       167,614.16  
                                                                                
- --------------------------------------------------------------------------------
                  25,441,326.74      4,198,452.79                   167,614.16  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           25,991.37          0.00       193,605.53        0.00     4,030,838.63
                                                                                
           25,991.37          0.00       193,605.53        0.00     4,030,838.63
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      165.024915   6.588263     1.021620      0.000000      7.609883  158.436652
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-3A (POOL 3085)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,273.26 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,234.93 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,027.19 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    347,219.65 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    152,876.09 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,030,838.63 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         4,040,140.60 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  30      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      160,932.86 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,250.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,431.30 
                                                                                
       LOC AMOUNT AVAILABLE                                1,919,728.52         
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,049,406.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3711% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6333% 
                                                                                
    POOL TRADING FACTOR                                             0.158436652 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3B  (POOL  3086)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3086                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AX6   38,297,875.16      6,727,631.75      7.8564       208,319.96  
                                                                                
- --------------------------------------------------------------------------------
                  38,297,875.16      6,727,631.75                   208,319.96  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           42,912.91          0.00       251,232.87        0.00     6,519,311.79
                                                                                
           42,912.91          0.00       251,232.87        0.00     6,519,311.79
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      175.665927   5.439465     1.120504      0.000000      6.559969  170.226462
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-3B (POOL 3086)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,124.24 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,365.53 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,445.18 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1     65,781.93 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    362,185.65 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   6,519,311.79 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         6,530,951.94 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  56      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      199,313.23 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     578.98 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            8,427.75 
                                                                                
       LOC AMOUNT AVAILABLE                                1,919,728.52         
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,049,406.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4959% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8564% 
                                                                                
    POOL TRADING FACTOR                                             0.170226462 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3C  (POOL  3087)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3087                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AY4   69,360,201.61      9,854,350.26      6.9508       319,385.74  
                                                                                
- --------------------------------------------------------------------------------
                  69,360,201.61      9,854,350.26                   319,385.74  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           56,514.77          0.00       375,900.51        0.00     9,534,964.52
                                                                                
           56,514.77          0.00       375,900.51        0.00     9,534,964.52
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      142.074995   4.604741     0.814801      0.000000      5.419542  137.470254
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-3C (POOL 3087)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,424.42 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,996.60 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    8,853.14 
    MASTER SERVICER ADVANCES THIS MONTH                                  428.91 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    340,149.99 
      (B)  TWO MONTHLY PAYMENTS:                                1    197,830.17 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 4    659,145.56 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,534,964.52 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,499,581.29 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  70      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              2      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS              59,002.56 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      182,583.76 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     497.57 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             122,609.03 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,695.38 
                                                                                
       LOC AMOUNT AVAILABLE                                1,919,728.52         
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,049,406.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.6353% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.9513% 
                                                                                
    POOL TRADING FACTOR                                             0.137470254 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-4B  (POOL  3088)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3088                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BA5    9,209,655.99      1,053,305.28      8.5000        10,913.58  
STRIP                      0.00              0.00      0.2368             0.00  
                                                                                
- --------------------------------------------------------------------------------
                   9,209,655.99      1,053,305.28                    10,913.58  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            7,460.91          0.00        18,374.49        0.00     1,042,391.70
STRIP         207.87          0.00           207.87        0.00             0.00
                                                                                
            7,668.78          0.00        18,582.36        0.00     1,042,391.70
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      114.369666   1.185015     0.810118      0.000000      1.995133  113.184651
STRIP   0.000000   0.000000     0.022571      0.000000      0.022571    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-4B (POOL 3088)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      219.44 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   193.11 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   1,042,391.70 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         1,048,601.64 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                   7      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       0.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           10,913.58 
                                                                                
       LOC AMOUNT AVAILABLE                                1,606,222.01         
       BANKRUPTCY AMOUNT AVAILABLE                           696,851.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       640,045.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.2068% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.113184651 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-2  (POOL  3094)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3094                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BF4  199,725,759.94     27,106,681.14      6.8912       120,532.02  
                                                                                
- --------------------------------------------------------------------------------
                 199,725,759.94     27,106,681.14                   120,532.02  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          155,222.30          0.00       275,754.32        0.00    26,986,149.12
                                                                                
          155,222.30          0.00       275,754.32        0.00    26,986,149.12
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      135.719504   0.603488     0.777177      0.000000      1.380665  135.116017
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-2 (POOL 3094)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    9,632.57 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,600.85 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   18,951.54 
    MASTER SERVICER ADVANCES THIS MONTH                                3,940.05 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 8  1,238,643.71 
      (B)  TWO MONTHLY PAYMENTS:                                3    441,913.94 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      2    272,499.20 
      (D)  LOANS IN FORECLOSURE                                 5    618,637.29 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  26,986,149.12 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        26,469,260.31 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 190      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              4      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             560,253.41 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       64,507.56 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  16,750.01 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           39,274.45 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,884,868.79         
       BANKRUPTCY AMOUNT AVAILABLE                           373,426.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,264,044.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.5800% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.8936% 
                                                                                
    POOL TRADING FACTOR                                             0.135116017 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-3A  (POOL  3095)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3095                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BH0   60,404,491.94      9,232,754.58      7.7872        15,419.23  
                                                                                
- --------------------------------------------------------------------------------
                  60,404,491.94      9,232,754.58                    15,419.23  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           59,899.75          0.00        75,318.98        0.00     9,217,335.35
                                                                                
           59,899.75          0.00        75,318.98        0.00     9,217,335.35
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      152.848808   0.255266     0.991644      0.000000      1.246910  152.593542
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-3A (POOL 3095)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,254.46 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,938.17 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,758.38 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    100,888.08 
      (D)  LOANS IN FORECLOSURE                                 1    127,113.72 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,217,335.35 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,234,291.51 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  73      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,261.49 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,157.74 
                                                                                
       LOC AMOUNT AVAILABLE                               11,922,835.93         
       BANKRUPTCY AMOUNT AVAILABLE                           136,507.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,469,790.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4602% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7872% 
                                                                                
    POOL TRADING FACTOR                                             0.152593542 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-3B  (POOL  3096)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3096                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BG2   37,514,866.19      3,859,848.81      7.7293         6,464.86  
                                                                                
- --------------------------------------------------------------------------------
                  37,514,866.19      3,859,848.81                     6,464.86  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           24,851.93          0.00        31,316.79        0.00     3,853,383.95
                                                                                
           24,851.93          0.00        31,316.79        0.00     3,853,383.95
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      102.888513   0.172328     0.662456      0.000000      0.834784  102.716185
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-3B (POOL 3096)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,365.53 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   773.75 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,320.36 
    MASTER SERVICER ADVANCES THIS MONTH                                1,330.66 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    169,223.50 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   3,853,383.95 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         3,684,664.60 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  20      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             173,288.07 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,502.99 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,961.87 
                                                                                
       LOC AMOUNT AVAILABLE                               11,922,835.93         
       BANKRUPTCY AMOUNT AVAILABLE                           136,507.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,469,790.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4288% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7343% 
                                                                                
    POOL TRADING FACTOR                                             0.102716185 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-3C  (POOL  3097)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3097                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BJ6   80,948,485.59     12,867,862.82      6.9780        81,027.37  
                                                                                
- --------------------------------------------------------------------------------
                  80,948,485.59     12,867,862.82                    81,027.37  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           74,603.64          0.00       155,631.01        0.00    12,786,835.45
                                                                                
           74,603.64          0.00       155,631.01        0.00    12,786,835.45
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      158.963602   1.000975     0.921619      0.000000      1.922594  157.962627
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-3C (POOL 3097)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,210.80 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,637.61 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    9,749.66 
    MASTER SERVICER ADVANCES THIS MONTH                                1,169.01 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 8  1,154,470.41 
      (B)  TWO MONTHLY PAYMENTS:                                1     47,494.30 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    108,040.71 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  12,786,835.45 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        12,621,873.41 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  97      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             182,549.47 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       61,901.90 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     943.49 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           18,181.98 
                                                                                
       LOC AMOUNT AVAILABLE                               11,922,835.93         
       BANKRUPTCY AMOUNT AVAILABLE                           136,507.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,469,790.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.6474% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.9976% 
                                                                                
    POOL TRADING FACTOR                                             0.157962627 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-SW1A  (POOL  2000)       
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  2000                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BK3   42,805,537.40     10,465,177.38      7.0650        16,473.34  
                                                                                
- --------------------------------------------------------------------------------
                  42,805,537.40     10,465,177.38                    16,473.34  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           61,601.36          0.00        78,074.70        0.00    10,448,704.04
                                                                                
           61,601.36          0.00        78,074.70        0.00    10,448,704.04
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      244.481860   0.384841     1.439098      0.000000      1.823939  244.097018
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-SW1A (POOL 2000)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,329.80 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,175.12 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,979.49 
    MASTER SERVICER ADVANCES THIS MONTH                                  535.50 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                11  1,065,115.77 
      (B)  TWO MONTHLY PAYMENTS:                                2    296,014.46 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    245,659.91 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  10,448,704.04 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        10,392,740.63 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  86      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS              73,560.57 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,101.89 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           14,371.45 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       8,069,473.60         
       BANKRUPTCY AMOUNT AVAILABLE                           497,233.28         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       989,403.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.8146% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.0646% 
                                                                                
    POOL TRADING FACTOR                                             0.244097018 
 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-SW1B  (POOL  2001)       
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  2001                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BL1   55,464,913.85     11,384,633.49      6.7096        18,366.75  
                                                                                
- --------------------------------------------------------------------------------
                  55,464,913.85     11,384,633.49                    18,366.75  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           63,648.27          0.00        82,015.02        0.00    11,366,266.74
                                                                                
           63,648.27          0.00        82,015.02        0.00    11,366,266.74
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      205.258292   0.331142     1.147541      0.000000      1.478683  204.927150
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-SW1B (POOL 2001)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,534.10 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,273.63 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    8,879.06 
    MASTER SERVICER ADVANCES THIS MONTH                                3,324.40 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    373,601.82 
      (B)  TWO MONTHLY PAYMENTS:                                1    168,857.78 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 5    676,051.43 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  11,366,266.74 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        10,888,185.37 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  78      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              3      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             502,382.18 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,253.04 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           17,113.71 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       8,069,473.60         
       BANKRUPTCY AMOUNT AVAILABLE                           497,233.28         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       989,403.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4492% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6992% 
                                                                                
    POOL TRADING FACTOR                                             0.204927150 

 ................................................................................

DISTRIBUTION DATE:           07/25/96
MONTHLY Cutoff:                Jun-96
DETERMINATION DATE:          07/22/96
RUN TIME/DATE:               07/18/96       12:17 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4012
SERIES:  1989-S1
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                          CLASS A
CUSIP Number                          760920BN7
Total Princ and Interest Distributed       93,681.84

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                19,814.17
Total Principal Prepayments                 2,220.67
Principal Payoffs-In-Full                       0.00
Principal Curtailments                      2,220.67
Principal Liquidations                          0.00
Scheduled Principal Due                    17,593.50

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 73,867.67
Prepayment Interest Shortfall                   7.33
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        151,041,172.86
Curr Period BEGINNING Princ Balance    12,532,459.56
Curr Period ENDING Princ Balance       12,512,645.39
Change in Principal Balance                19,814.17

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.131184
Interest Distributed                        0.489057
Total Distribution                          0.620240
Total Principal Prepayments                 0.014702
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                82.973797
ENDING Principal Balance                   82.842613

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               7.073631%
Subordinated Unpaid Amounts
Period Ending Class Percentages            55.988546%
Prepayment Percentages                    100.000000%
Trading Factors                             8.284261%
Certificate Denominations                      1,000
Sub-Servicer Fees                           4,620.37
Master Servicer Fees                        1,295.00
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00


                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       65,729.95       57.11     159,468.90

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                12,676.83                  32,491.00
Total Principal Prepayments                     0.00                   2,220.67
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                          0.00                   2,220.67
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    13,578.39                  31,171.89

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 53,053.12       57.11     126,977.90
Prepayment Interest Shortfall                   5.75        0.01          13.09
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         12,070,244.91             163,111,417.77
Curr Period BEGINNING Princ Balance     9,849,762.78              22,382,222.34
Curr Period ENDING Princ Balance        9,835,935.34              22,348,580.73
Change in Principal Balance                13,827.44                  33,641.61

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     262.563645
Interest Distributed                    1,098.841001
Total Distribution                      1,361.404646
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               816.036696
ENDING Principal Balance                  814.891116

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               7.063631%   0.010000%
Subordinated Unpaid Amounts             1,139,602.26      893.38     941,992.36
Period Ending Class Percentages            44.011454%
Prepayment Percentages                      0.000000%
Trading Factors                            81.489112%                 13.701420%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,631.97                   8,252.34
Master Servicer Fees                        1,017.98                   2,312.98
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           3,262,228.36
Current Special Hazard Amount           1,059,707.00

POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Blance           Loans
Loans Delinquent ONE Payment              552,107.84           6
Loans Delinquent TWO Payments             294,887.21           2
Loans Delinquent THREE + Payments         661,499.14           4
Total Unpaid Princ on Delinquent Loans  1,508,494.19          12
Loans in Foreclosure, INCL in Delinq      481,501.86           3
REO/Pending Cash Liquidations             179,997.28           1
Principal Balance New REO                 179,997.28
Six Month Avg Delinquencies 2+ Pmts           5.9977%

Loans in Pool                                    147
Current Period Sub-Servicer Fee             8,252.34
Current Period Master Servicer Fee          2,312.98

Aggregate REO Losses                     (906,154.24)
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/96
MONTHLY Cutoff:                Jun-96
DETERMINATION DATE:          07/22/96
RUN TIME/DATE:               07/12/96       10:30 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4013
SERIES:  1989-S2
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                          CLASS A       STRIP
CUSIP Number                          760920BP2               NA
Total Princ and Interest Distributed            0.00    1,289.27

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                     0.00
Total Principal Prepayments                     0.00
Principal Payoffs-In-Full                       0.00
Principal Curtailments                          0.00
Principal Liquidations                          0.00
Scheduled Principal Due                         0.00

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                      0.00    1,289.27
Prepayment Interest Shortfall                   0.00       18.80
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        109,413,690.72
Curr Period BEGINNING Princ Balance             0.00
Curr Period ENDING Princ Balance                0.00
Change in Principal Balance                     0.00

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.000000
Interest Distributed                        0.000000
Total Distribution                          0.000000
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                 0.000000
ENDING Principal Balance                    0.000000

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                              10.473759%   0.278638%
Subordinated Unpaid Amounts
Period Ending Class Percentages             0.000000%
Prepayment Percentages                      0.000000%
Trading Factors                             0.000000%
Certificate Denominations                      1,000
Sub-Servicer Fees                               0.00
Master Servicer Fees                            0.00
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed      238,910.50      210.45     240,410.22

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               198,723.88                 198,723.88
Total Principal Prepayments               193,696.82                 193,696.82
Principal Payoffs-In-Full                 192,527.10                 192,527.10
Principal Curtailments                      1,169.72                   1,169.72
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     5,095.46                   5,095.46

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 40,186.62      210.45      41,686.34
Prepayment Interest Shortfall                 679.73        1.30         699.83
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          8,552,552.64             117,966,243.36
Curr Period BEGINNING Princ Balance     5,552,458.40               5,552,458.40
Curr Period ENDING Princ Balance        5,353,070.85               5,353,070.85
Change in Principal Balance               199,387.55                 199,387.55

PER CERTIFICATE DATA BY CLASS
Principal Distributed                   5,808.905492
Interest Distributed                    1,174.696658
Total Distribution                      6,983.602149
Total Principal Prepayments             5,661.959305
Current Period Interest Shortfall
BEGINNING Principal Balance               649.216513
ENDING Principal Balance                  625.903292

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                              10.453759%   0.020000%
Subordinated Unpaid Amounts             1,697,997.27    1,699.22   1,641,535.94
Period Ending Class Percentages           100.000000%
Prepayment Percentages                    100.000000%
Trading Factors                            62.590329%                  4.537799%
Certificate Denominations                    250,000
Sub-Servicer Fees                           1,251.30                   1,251.30
Master Servicer Fees                          490.04                     490.04
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,687,092.96
Current Special Hazard Amount           1,076,653.00

POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Balance          Loans
Loans Delinquent ONE Payment              795,520.87           5
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments       1,023,782.35           3
Total Unpaid Princ on Delinquent Loans  1,819,303.22           8
Loans in Foreclosure, INCL in Delinq      233,967.91           1
REO/Pending Cash Liquidations             789,814.44           2
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts          28.0694%

Loans in Pool                                     23
Current Period Sub-Servicer Fee             1,251.30
Current Period Master Servicer Fee            490.04

Aggregate REO Losses                   (1,480,709.51)
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/96
MONTHLY Cutoff:                Jun-96
DETERMINATION DATE:          07/22/96
RUN TIME/DATE:               07/12/96       09:27 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   2002
SERIES:  1989-SW2
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                             CLASS A
CUSIP Number                          760920BM9
Tot Prin & Int Distributed                968,626.51

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               810,404.11
Total Principal Prepayments               771,340.64
Principal Payoffs-In-Full                 747,708.88
Principal Curtailments                     23,631.76
Principal Liquidations                          0.00
Scheduled Principal Due                    39,063.47

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                158,222.40
Prepayment Interest Shortfall               2,708.41
Unpaid Interest Shortfall Paid                  0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        133,916,671.59
Current Period BEGINNING Prin Bal      24,959,371.01
Current Period ENDING Prin Bal         24,148,966.90
Change in Principal Balance               810,404.11

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       6.051555
Interest Distributed                        1.181499
Total Distribution                          7.233054
Total Principal Prepayments                 5.759855
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance               186.379864
ENDING Principal Balance                  180.328309

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               7.737253%
Subordinated Unpaid Amounts
Period Ending Class Percentages            66.707676%
Prepayment Percentages                    100.000000%
Trading Factors                            18.032831%
Certificate Denominations                      1,000
Sub-Servicer Fees                           7,587.84
Master Servicer Fees                        2,529.28
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Prin & Int Distributed                 91,320.04       90.38   1,060,036.93

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                18,222.63                 828,626.74
Total Principal Prepayments                     0.00                 771,340.64
Principal Payoffs-In-Full                       0.00                 747,708.88
Principal Curtailments                          0.00                  23,631.76
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    18,892.28                  57,955.75

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 73,097.41       90.38     231,410.19
Prepayment Interest Shortfall               1,308.18        1.69       4,018.28
Unpaid Interest Shortfall Paid                                             0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         14,221,239.46             148,137,911.05
Current Period BEGINNING Prin Bal      12,071,107.09              37,030,478.10
Current Period ENDING Prin Bal         12,052,214.81              36,201,181.71
Change in Principal Balance                18,892.28                 829,296.39

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     320.341804
Interest Distributed                    1,285.004205
Total Distribution                      1,605.346008
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               848.808370
ENDING Principal Balance                  847.479915

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               7.727253%   0.010000%
Subordinated Unpaid Amounts             1,865,101.31    1,579.29   1,866,680.60
Period Ending Class Percentages            33.292324%
Prepayment Percentages                      0.000000%
Trading Factors                            84.747992%                 24.437486%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,786.92                  11,374.76
Master Servicer Fees                        1,262.31                   3,791.59
Percentage Interest
Current Period Master Servicer Advance                                     0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,483,753.94
Current Special Hazard Amount           1,091,196.00
Loans in Pool                                    172
Current Period Sub-Servicer Fee            11,374.76
Current Period Master Servicer Fee          3,791.59

POOL DELINQUENCY DATA                         Unpaid      Number
                                            Prin Bal    of Loans

Loans Delinquent ONE Payment              285,035.00           1
Loans Delinquent TWO Payments             288,987.25           1
Loans Delinquent THREE + Payments         683,732.57           3
Tot Unpaid Prin on Delinquent Loans     1,257,754.82           5
Loans in Foreclosure, INCL in Delinq      683,732.57           3
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments            2.3971%
Aggregate REO Losses                   (1,729,398.01)
 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4A  (POOL  3098)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3098                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BS6   69,922,443.97      9,830,456.09      6.9695       190,817.03  
                                                                                
- --------------------------------------------------------------------------------
                  69,922,443.97      9,830,456.09                   190,817.03  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           56,132.00          0.00       246,949.03        0.00     9,639,639.06
                                                                                
           56,132.00          0.00       246,949.03        0.00     9,639,639.06
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      140.590854   2.728981     0.802775      0.000000      3.531756  137.861873
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4A (POOL 3098)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,574.47 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,015.09 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,200.76 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    374,553.38 
      (B)  TWO MONTHLY PAYMENTS:                                1    185,053.27 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    146,881.38 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,639,639.06 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,655,330.44 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  49      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      177,147.50 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     267.26 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,402.27 
                                                                                
       LOC AMOUNT AVAILABLE                               10,300,174.48         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.6634% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.9695% 
                                                                                
    POOL TRADING FACTOR                                             0.137861873 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4B  (POOL  3099)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3099                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BV9   74,994,327.48      8,541,843.32      6.9921        12,717.28  
                                                                                
- --------------------------------------------------------------------------------
                  74,994,327.48      8,541,843.32                    12,717.28  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           49,766.12          0.00        62,483.40        0.00     8,529,126.04
                                                                                
           49,766.12          0.00        62,483.40        0.00     8,529,126.04
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      113.899859   0.169577     0.663598      0.000000      0.833175  113.730282
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4B (POOL 3099)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,237.36 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,784.29 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,253.32 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    492,436.65 
      (B)  TWO MONTHLY PAYMENTS:                                1    157,895.75 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1     87,305.57 
      (D)  LOANS IN FORECLOSURE                                 1    109,091.77 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,529,126.04 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         8,543,890.55 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  58      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     869.19 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           11,848.09 
                                                                                
       LOC AMOUNT AVAILABLE                               10,300,174.48         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.6969% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.9921% 
                                                                                
    POOL TRADING FACTOR                                             0.113730282 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4C  (POOL  3100)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3100                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BT4   37,402,303.81      6,461,518.46      7.5706         8,727.53  
                                                                                
- --------------------------------------------------------------------------------
                  37,402,303.81      6,461,518.46                     8,727.53  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           40,761.58          0.00        49,489.11        0.00     6,452,790.93
                                                                                
           40,761.58          0.00        49,489.11        0.00     6,452,790.93
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      172.757232   0.233342     1.089815      0.000000      1.323157  172.523890
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4C (POOL 3100)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,253.86 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,298.17 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,204.89 
    MASTER SERVICER ADVANCES THIS MONTH                                1,842.10 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    293,849.55 
      (B)  TWO MONTHLY PAYMENTS:                                1    118,043.69 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   6,452,790.93 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         6,219,422.39 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  35      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             241,228.18 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     485.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            8,242.53 
                                                                                
       LOC AMOUNT AVAILABLE                               10,300,174.48         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2533% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5685% 
                                                                                
    POOL TRADING FACTOR                                             0.172523890 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4D  (POOL  3101)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3101                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BQ0   22,040,775.69      3,385,562.95      7.7876         7,340.68  
                                                                                
- --------------------------------------------------------------------------------
                  22,040,775.69      3,385,562.95                     7,340.68  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           21,953.53          0.00        29,294.21        0.00     3,378,222.27
                                                                                
           21,953.53          0.00        29,294.21        0.00     3,378,222.27
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      153.604528   0.333050     0.996042      0.000000      1.329092  153.271478
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4D (POOL 3101)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,198.44 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   722.98 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,024.20 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                1    127,882.62 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   3,378,222.27 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         3,382,964.67 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  22      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,719.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,621.68 
                                                                                
       LOC AMOUNT AVAILABLE                               10,300,174.48         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4624% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7876% 
                                                                                
    POOL TRADING FACTOR                                             0.153271478 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4E  (POOL  3102)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3102                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BR8   20,728,527.60      2,516,895.81      7.6101       289,566.48  
                                                                                
- --------------------------------------------------------------------------------
                  20,728,527.60      2,516,895.81                   289,566.48  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           15,388.70          0.00       304,955.18        0.00     2,227,329.33
                                                                                
           15,388.70          0.00       304,955.18        0.00     2,227,329.33
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      121.421833  13.969467     0.742392      0.000000     14.711859  107.452366
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4E (POOL 3102)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      946.16 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   505.64 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,800.88 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    235,320.34 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,227,329.33 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,229,350.61 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                   8      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      286,742.67 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       0.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,823.81 
                                                                                
       LOC AMOUNT AVAILABLE                               10,300,174.48         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2949% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6101% 
                                                                                
    POOL TRADING FACTOR                                             0.107452366 

 ................................................................................

SEC REPORT
DISTRIBUTION DATE:          07/25/96
MONTHLY Cutoff:               Jun-96
DETERMINATION DATE:         07/22/96
RUN TIME/DATE:              07/12/96      10:33 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:  4014
SERIES:  1989-S3
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                       CLASS A-1     CLASS A-2      CLASS A-3
CUSIP Number                         760920BW7     760920BX5     760920BY3
Total Princ and Interest Distributed          0.00      5,491.06       3,314.33

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                   0.00        507.21           0.00
Total Principal Prepayments                   0.00          0.00           0.00
Principal Payoffs-In-Full                     0.00          0.00           0.00
Principal Curtailments                        0.00          0.00           0.00
Principal Liquidations                        0.00          0.00           0.00
Scheduled Principal Due                       0.00        507.21           0.00

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                    0.00      4,983.85       3,314.33
Prepayment Interest Shortfall                 0.00          0.00           0.00
Unpaid Int Shortfall Distr (Paid)             0.00          0.00           0.00
Remaining Unpaid Interest Shortfall           0.00          0.00           0.00
Current Period Interest Shortfall             0.00          0.00           0.00
BALANCES BY CLASS
INITIAL Scheduled Pool Balance       40,158,085.00 41,198,000.00      10,000.00
Curr Period BEGINNING Princ Balance           0.00    605,632.72      10,000.00
Curr Period ENDING Princ Balance              0.00    605,125.51      10,000.00
Change in Principal Balance                   0.00        507.21           0.00

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     0.000000      0.012312       0.000000
Interest Distributed                      0.000000      0.120973     331.433000
Total Distribution                        0.000000      0.133285     331.433000
Total Principal Prepayments               0.000000      0.000000       0.000000
Current Period Interest Shortfall         0.000000      0.000000       0.000000
BEGINNING Principal Balance               0.000000     14.700537   1,000.000000
ENDING Principal Balance                  0.000000     14.688225   1,000.000000

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                             9.875000%     9.875000%      0.922963%
Subordinated Unpaid Amounts
Period Ending Class Percentages          14.286602%    14.286602%     14.286602%
Prepayment Percentages                  100.000000%   100.000000%    100.000000%
Trading Factors                           0.000000%     1.468823%    100.000000%
Certificate Denominations                    1,000         1,000          1,000
Sub-Servicer Fees                             0.00        166.62           2.75
Master Servicer Fees                          0.00         55.45           0.92
Percentage Interest
Curr Period Master Servicer Adv Amt           0.00          0.00           0.00
Repurchased Principal Reprtd as Sch           0.00          0.00           0.00
                                           CLASS B       CLASS C         TOTALS
CUSIP Number                                    NA            NA
Total Princ and Interest Distributed     17,318.11         31.26      26,154.76

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               1,629.39                     2,136.60
Total Principal Prepayments                   0.00                         0.00
Principal Payoffs-In-Full                     0.00                         0.00
Principal Curtailments                        0.00                         0.00
Principal Liquidations                        0.00                         0.00
Scheduled Principal Due                   2,695.62                     3,202.83

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed               15,688.72         31.26      24,018.16
Prepayment Interest Shortfall                 0.00          0.00           0.00
Unpaid Int Shortfall Distr (Paid)                                          0.00
Remaining Unpaid Interest Shortfall                                        0.00
Current Period Interest Shortfall                                          0.00
BALANCES BY CLASS
INITIAL Scheduled Pool Balance        6,124,328.95                87,490,413.95
Curr Period BEGINNING Princ Balance   3,693,528.73                 4,309,161.45
Curr Period ENDING Princ Balance      3,690,485.69                 4,305,611.20
Change in Principal Balance               3,043.04                     3,550.25

PER CERTIFICATE DATA BY CLASS
Principal Distributed                    66.513001
Interest Distributed                    640.426083
Total Distribution                      706.939084
Total Principal Prepayments               0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance             603.091173
ENDING Principal Balance                602.594296

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00           0.00
Passthru Rate                             9.855000%     0.020000%
Subordinated Unpaid Amounts           1,556,450.86      2,512.65
Period Ending Class Percentages          85.713398%
Prepayment Percentages                    0.000000%
Trading Factors                          60.259430%                    4.921238%
Certificate Denominations                  250,000
Sub-Servicer Fees                         1,016.17                     1,185.54
Master Servicer Fees                        338.17                       394.54
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00
Repurchased Principal Reprtd as Sch           0.00          0.00           0.00
MISCELLANEOUS POOL DATA

Initial Special Hazard Amount         1,749,808.00
Current Special Hazard Amount         1,057,622.00

POOL DELINQUENCY DATA
                                      Unpaid Princ     Number of
                                        Balance            Loans
Loans Delinquent ONE Payment                  0.00             0
Loans Delinquent TWO Payments                 0.00             0
Loans Delinquent THREE + Payments     1,667,605.28             4
Total Unpaid Princ on Delinq Loans    1,667,605.28             4
Lns in Foreclosure, INCL in Delinq    1,138,794.44             3
REO/Pending Cash Liquidations           528,810.84             1
Principal Balance New REO                     0.00
Six Month Avg Delinquencies 2+ Pmts        35.1226%

Loans in Pool                                   17
Current Period Sub-Servicer Fee           1,185.54
Current Period Master Servicer Fee          394.53

Aggregate REO Losses                 (1,385,208.11)
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:          07/25/96
MONTHLY Cutoff:               Jun-96
DETERMINATION DATE:         07/22/96
RUN TIME/DATE:              07/18/96       03:34 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4015
SERIES:  1989-S4
SELLER:  Residential Funding Mortgage Securities I, Inc
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                          CLASS A-1    CLASS A-2
CUSIP Number                         760920BZ0      760920CA4
Tot Principal and Interest Distr         783,759.14     4,540.80

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed              685,107.23        94.49
Total Principal Prepayments              675,210.96        93.13
Principal Payoffs-In-Full                404,441.72        55.82
Principal Curtailments                     4,755.26         0.66
Principal Liquidations                   266,013.98        36.65
Scheduled Principal Due                    9,896.27         1.36

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                98,651.91     4,446.31
Prepayment Interest Shortfall                414.24        18.69
Unpaid Interest Shortfall Paid                 0.00         0.00
Remaining Unpaid Interest Shortfall            0.00         0.00
Current Period Interest Shortfall              0.00         0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        77,408,317.05    10,000.00
Current Period BEGINNING Prin Bal     15,087,746.96     2,084.20
Current Period ENDING Prin Bal        14,402,639.73     1,989.71
Change in Principal Balance              685,107.23        94.49
PER CERTIFICATE DATA BY CLASS
Principal Distributed                      8.850564     9.449000
Interest Distributed                       1.274436   444.631000
Total Distribution                         8.722719     9.313000
Total Principal Prepayments                0.000000     0.000000
Current Period Interest Shortfall          0.000000     0.000000
BEGINNING Principal Balance                0.000000     0.000000
ENDING Principal Balance                 186.060623   198.971000

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                                7.8792%      0.2500%
Subordinated Unpaid Amounts
Period Ending Class Percentages             69.8111%      0.0096%
Prepayment Percentages                     100.0000%    100.0000%
Trading Factors                             18.6061%     19.8971%
Certificate Denominations                     1,000        1,000
Sub-Servicer fees                          6,804.98         0.94
Master Servicer Fees                       1,530.43         0.21
Current Period Master Servicer Advanc          0.00         0.00
Deferred Interest Added to Principal           0.00


                                            CLASS B      CLASS C         TOTALS
CUSIP Number                         NA             NA
Tot Principal and Interest Distr         119,253.03        37.24     907,590.21

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               77,785.18        22.56     763,009.46
Total Principal Prepayments
Principal Payoffs-In-Full
Principal Curtailments
Principal Liquidations
Scheduled Principal Due

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                41,467.85        14.68     144,580.75
Prepayment Interest Shortfall
Unpaid Interest Shortfall Paid
Remaining Unpaid Interest Shortfall
Current Period Interest Shortfall

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         7,423,674.24         0.00  84,841,991.29
Current Period BEGINNING Prin Bal      6,342,062.16       161.20  21,432,054.52
Current Period ENDING Prin Bal         6,226,084.22       158.30  20,630,871.96
Change in Principal Balance              115,977.94         2.90     801,182.56
PER CERTIFICATE DATA BY CLASS
Principal Distributed                  2,619.497350
Interest Distributed                   1,396.473251
Total Principal Prepayments
Unpaid Interest Shortfall Paid
Current Period Interest Shortfall
Unpaid Interest Shortfall Remaining
ENDING Principal Balance                 838.679610

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00           0.00
Passthru Rate                                7.8792%      7.8792%
Subordinated Unpaid Amounts            1,737,021.48       542.49
Period Ending Class Percentages             30.1785%      0.0008%      100.0000%
Prepayment Percentages                       0.0000%      0.0000%
Trading Factors                             83.8680%
Certificate Denominations                   250,000
Sub-Servicer fees                          2,860.44                    9,666.36
Master Servicer Fees                         643.31                    2,173.95
Cur Period Master Servicer Advance                                         0.00
Deferred Interest Added to Principal           0.00         0.00           0.00
                                              OTHER        OTHER
MISCELLANEOUS POOL DATA

Initial Special Hazard Amount          1,935,824.00
Current Special Hazard Amount          1,144,894.00
Suspense Net (charges)/Recoveries         (8,228.43)
                                             Unpaid       Number
POOL DELINQUENCY DATA                      Prin Bal     of Loans
Loans Delinquent ONE Payment             837,196.43            4
Loans Delinquent TWO Payments            797,166.29            3
Loans Delinquent THREE + Payments      1,211,590.31            7
Tot Unpaid Principal on Delinq Loans   2,845,953.03           14
Loans in Foreclosure (incl in delinq)  1,110,801.27            6
REO/Pending Cash Liquidations            100,789.04            1
6 Mo Avg Delinquencies 2+ Payments          11.4054%
Loans in Pool                                   103
Current Period Sub-Servicer Fee            9,666.43
Current Period Master Servicer Fee         2,173.96
Aggregate REO Losses                  (1,541,997.34)
 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-5A  (POOL  3105)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3105                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920CC0   87,338,199.16     20,781,924.89      7.4288       586,113.81  
                                                                                
- --------------------------------------------------------------------------------
                  87,338,199.16     20,781,924.89                   586,113.81  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          126,353.13          0.00       712,466.94        0.00    20,195,811.08
                                                                                
          126,353.13          0.00       712,466.94        0.00    20,195,811.08
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      237.947715   6.710853     1.446711      0.000000      8.157564  231.236862
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-5A (POOL 3105)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    7,149.06 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 6,360.79 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   25,666.74 
    MASTER SERVICER ADVANCES THIS MONTH                                2,974.19 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 7  1,391,545.54 
      (B)  TWO MONTHLY PAYMENTS:                                4  1,020,508.59 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      2    220,944.70 
      (D)  LOANS IN FORECLOSURE                                 3    685,618.39 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  20,195,811.08 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        19,849,842.63 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  97      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              2      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             388,599.31 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      553,734.85 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   6,366.53 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           26,012.43 
                                                                                
       MORTGAGE POOL INSURANCE                             9,139,184.04         
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00         
       BANKRUPTCY BOND                                       104,774.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2364% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.4291% 
                                                                                
    POOL TRADING FACTOR                                             0.231236862 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-5B  (POOL  3106)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3106                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920CE6   62,922,765.27     13,059,704.07      8.5378        30,121.46  
                                                                                
- --------------------------------------------------------------------------------
                  62,922,765.27     13,059,704.07                    30,121.46  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           92,865.96          0.00       122,987.42        0.00    13,029,582.61
                                                                                
           92,865.96          0.00       122,987.42        0.00    13,029,582.61
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      207.551337   0.478705     1.475872      0.000000      1.954577  207.072632
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-5B (POOL 3106)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    5,307.13 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 4,047.51 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   17,161.68 
    MASTER SERVICER ADVANCES THIS MONTH                                1,740.03 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    860,975.12 
      (B)  TWO MONTHLY PAYMENTS:                                3    547,243.81 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3    637,273.32 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  13,029,582.61 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        12,839,937.34 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  82      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             210,248.30 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       15,870.96 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     738.95 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,511.55 
                                                                                
       MORTGAGE POOL INSURANCE                             9,139,184.04         
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00         
       BANKRUPTCY BOND                                       104,774.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.4080% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5343% 
                                                                                
    POOL TRADING FACTOR                                             0.207072632 

 ................................................................................

SEC REPORT
DISTRIBUTION DATE:          07/25/96
MONTHLY Cutoff:               Jun-96
DETERMINATION DATE:         07/22/96
RUN TIME/DATE:              07/12/96       12:55 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4018
SERIES:  1989-S5
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                          CLASS A-1    CLASS A-2
CUSIP Number                         760920CF3      760920CD8
Tot Principal and Interest Distr         445,541.76     3,728.59

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed              407,054.49         0.00
Total Principal Prepayments              403,228.41         0.00
Principal Payoffs-In-Full                      0.00         0.00
Principal Curtailments                        52.34         0.00
Principal Liquidations                   403,176.07         0.00
Scheduled Principal Due                    3,826.08         0.00

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                38,487.27     3,728.59
Prepayment Interest Shortfall                  0.24         0.02
Unpaid Interest Shortfall Paid                 0.00         0.00
Remaining Unpaid Interest Shortfall            0.00         0.00
Current Period Interest Shortfall              0.00         0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance       115,329,169.51    10,000.00
Current Period BEGINNING Prin Bal      4,618,501.59    10,000.00
Current Period ENDING Prin Bal         4,211,447.10    10,000.00
Change in Principal Balance              407,054.49         0.00
PER CERTIFICATE DATA BY CLASS
Principal Distributed                      3.529502     0.000000
Interest Distributed                       0.333717   372.859000
Total Distribution                         3.863219   372.859000
Total Principal Prepayments                3.496326     0.000000
Current Period Interest Shortfall          0.000000     0.000000
BEGINNING Principal Balance               40.046257 1,000.000000
ENDING Principal Balance                  36.516756 1,000.000000

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                             10.000000%    0.518838%
Subordinated Unpaid Amounts
Period Ending Class Percentages           53.671534%
Prepayment Percentages                   100.000000%  100.000000%
Trading Factors                            3.651676%  100.000000%
Certificate Denominations                     1,000        1,000
Sub-Servicer fees                          1,094.09         2.37
Master Servicer Fees                         427.82         0.93
Per Certificate Percentage Interest in Pool
Current Period Master Servicer Advanc          0.00         0.00


                                            CLASS B      CLASS C         TOTALS
CUSIP Number                                     NA           NA
Tot Principal and Interest Distr         241,910.77       132.52     691,313.64

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed              218,172.55                  625,227.04
Total Principal Prepayments              215,759.39                  618,987.80
Principal Payoffs-In-Full                      0.00                        0.00
Principal Curtailments                         0.00                       52.34
Principal Liquidations                   215,759.39                  618,935.46
Scheduled Principal Due                    2,538.41                    6,364.49

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                23,738.22       132.52      66,086.60
Prepayment Interest Shortfall                  0.20         0.00           0.46
Unpaid Interest Shortfall Paid                                             0.00
Remaining Unpaid Interest Shortfall                                        0.00
Current Period Interest Shortfall                                          0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         8,681,442.87              124,020,612.38
Current Period BEGINNING Prin Bal      3,995,203.90                8,623,705.49
Current Period ENDING Prin Bal         3,643,890.07                7,865,337.17
Change in Principal Balance              351,313.83                  758,368.32
PER CERTIFICATE DATA BY CLASS
Principal Distributed                  6,282.727228
Interest Distributed                     683.590860
Total Distribution                     6,966.318089
Total Principal Prepayments                0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance              460.200448
ENDING Principal Balance                 419.733232

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                             10.000000%   10.000000%
Subordinated Unpaid Amounts            5,123,956.41     2,766.69
Period Ending Class Percentages           46.328466%
Prepayment Percentages                     0.000000%
Trading Factors                           41.973323%                   6.341960%
Certificate Denominations                250,000.00
Sub-Servicer fees                            946.43                    2,042.89
Master Servicer Fees                         370.08                      798.83
Per Certificate % Interest in Pool
Cur Period Master Servicer Advance                                         0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount          2,232,371.00
Current Special Hazard Amount          1,159,561.00

                                             Unpaid       Number
POOL DELINQUENCY DATA                      Prin Bal     of Loans
Loans Delinquent ONE Payment             495,598.07            2
Loans Delinquent TWO Payments            192,172.72            1
Loans Delinquent THREE + Payments        863,555.67            4
Tot Unpaid Principal on Delinq Loans   1,551,326.46            7
Loans in Foreclosure (incl in delinq)    865,555.45            4
REO/Pending Cash Liquidations            206,100.09            1
6 Mo Avg Delinquencies 2+ Payments          36.9332%
Loans in Pool                                    33
Current Period Sub-Servicer Fee            2,042.89
Current Period Master Servicer Fee           798.82
Aggregate REO Losses                  (4,966,906.98)
 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-7  (POOL  3108)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3108                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920CG1  120,931,254.07      4,450,886.24     10.0000         3,296.85  
                                                                                
- --------------------------------------------------------------------------------
                 120,931,254.07      4,450,886.24                     3,296.85  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           37,089.95          0.00        40,386.80        0.00     4,447,589.39
                                                                                
           37,089.95          0.00        40,386.80        0.00     4,447,589.39
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       36.805095   0.027262     0.306703      0.000000      0.333965   36.777832
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-7 (POOL 3108)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,615.65 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 4,631.17 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,744.21 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    228,529.86 
      (B)  TWO MONTHLY PAYMENTS:                                1    371,317.14 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    470,524.16 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,447,589.39 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         4,453,145.66 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  21      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      91.79 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,205.06 
                                                                                
       MORTGAGE POOL INSURANCE                             2,801,932.07         
       SPECIAL HAZARD LOSS COVERAGE                        1,516,886.00         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.6840% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.036777832 

 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/96
MONTHLY Cutoff:                Jun-96
DETERMINATION DATE:          07/22/96
RUN TIME/DATE:               07/12/96       10:38 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

POOL #:   4019
SERIES:  1989-S6
SELLER:  RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC
MASTER SERVICER:  RESIDENTIAL FUNDING CORPORATION

                                             CLASS A       STRIP
CUSIP Number                          760920CH9               NA
Tot Principal and Interest Distr           36,297.11    1,218.67

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 3,460.12
Total Principal Prepayments                   452.41
Principal Payoffs-In-Full                       0.00
Principal Curtailments                        452.41
Principal Liquidations                          0.00
Scheduled Principal Due                     3,007.71

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 32,836.99    1,218.67
Prepayment Interest Shortfall                   1.83        0.49
Unpaid Interest Shortfall Paid                  0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        149,970,189.47
Current Period BEGINNING Prin Bal       4,087,170.17
Current Period ENDING Prin Bal          4,083,710.05
Change in Principal Balance                 3,460.12

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.023072
Interest Distributed                        0.218957
Total Distribution                          0.242029
Total Principal Prepayments                 0.003017
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                27.253217
ENDING Principal Balance                   27.230145

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               9.641532%   0.180629%
Subordinated Unpaid Amounts
Period Ending Class Percentages            50.479860%
Prepayment Percentages                    100.000000%
Trading Factors                             2.723015%
Certificate Denominations                      1,000
Sub-Servicer Fees                           1,058.15
Master Servicer Fees                          346.77
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Principal and Interest Distr            8,173.19        0.00      45,688.97
PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                   721.61                   4,181.73
Total Principal Prepayments                     0.00                     452.41
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                          0.00                     452.41
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     1,886.05                   4,893.76

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  7,451.58        0.00      41,507.24
Prepayment Interest Shortfall                   1.80        0.00           4.12
Unpaid Interest Shortfall Paid                  0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         12,599,121.61             162,569,311.08
Current Period BEGINNING Prin Bal       4,009,020.99               8,096,191.16
Current Period ENDING Prin Bal          4,006,070.79               8,089,780.84
Change in Principal Balance                 2,950.20                   6,410.32

PER CERTIFICATE DATA BY CLASS
Principal Distributed                      14.318657
Interest Distributed                      147.859117
Total Distribution                        162.177774
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               318.198452
ENDING Principal Balance                  317.964293

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               9.641532%   0.000000%
Subordinated Unpaid Amounts             9,529,082.61        0.00   9,529,082.61
Period Ending Class Percentages            49.520140%
Prepayment Percentages                      0.000000%
Trading Factors                            31.796429%                  4.976204%
Certificate Denominations                    250,000
Sub-Servicer Fees                           1,038.04                   2,096.19
Master Servicer Fees                          340.17                     686.94
Percentage Interest
Current Period Master Servicer Advance                                     0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,965,252.00
Current Special Hazard Amount           1,392,701.00

                                              Unpaid      Number
POOL DELINQUENCY DATA                       Prin Bal    of Loans
Loans Delinquent ONE Payment              525,029.70           1
Loans Delinquent TWO Payments             403,964.42           2
Loans Delinquent THREE + Payments       3,256,407.93          10
Tot Unpaid Principal on Delinq Loans    4,185,402.05          13
Loans in Foreclosure, INCL in Delinq    1,730,493.66           4
REO/Pending Cash Liquidations           1,525,914.27           6
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments           50.5625%
Loans in Pool                                     23
Current Period Sub-Servicer Fee             2,096.19
Current Period Master Servicer Fee            686.94
Aggregate REO Losses                   (8,576,331.82)
 ................................................................................


Run:        07/30/96     13:48:36                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1990-S1 (POOL # 4020)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4020 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920CL0    55,434,000.00             0.00     9.000000  %          0.00
A-2   760920CM8    36,810,000.00             0.00     9.000000  %          0.00
A-3   760920CN6     8,712,000.00             0.00     9.000000  %          0.00
A-4   760920CP1    19,434,000.00     9,143,023.13     9.000000  %    170,276.97
A-5   760920CQ9     2,388,000.00     2,388,000.00     9.000000  %          0.00
A-6   760920CJ5       100,000.00         9,391.75  1237.750000  %        138.69
A-7   760920CR7    88,762,000.00             0.00    10.000000  %          0.00
A-8   760920CS5    26,860,000.00             0.00    10.000000  %          0.00
A-9   760920CT3     6,500,000.00             0.00    10.000000  %          0.00
A-10  760920CK2        10,000.00           471.03     0.520714  %          6.96
B                  17,727,586.62     6,628,379.49    10.000000  %          0.00
R-I                         0.00             0.00    10.000000  %          0.00
R-II                        0.00             0.00     0.000000  %          0.00

- -------------------------------------------------------------------------------
                  262,737,586.62    18,169,265.40                    170,422.62
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        68,492.74    238,769.71             0.00         0.00   8,972,746.16
A-5        17,889.12     17,889.12             0.00         0.00   2,388,000.00
A-6         9,675.91      9,814.60             0.00         0.00       9,253.06
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10        7,874.98      7,881.94             0.00         0.00         464.07
B          38,944.29     38,944.29             0.00   101,400.43   6,543,211.04
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          142,877.04    313,299.66             0.00   101,400.43  17,913,674.33
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4    470.465325   8.761808     3.524377    12.286185   0.000000    461.703518
A-5   1000.000000   0.000000     7.491256     7.491256   0.000000   1000.000000
A-6     93.917500   1.386900    96.759100    98.146000   0.000000     92.531000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10    47.103000   0.696000   787.498000   788.194000   0.000000     46.407000
B    93475.491510   0.000000   549.204622   549.204622   0.000000  92274.419250

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:38                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-S1 (POOL # 4020)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4020 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,378.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,978.68

SUBSERVICER ADVANCES THIS MONTH                                       55,262.92
MASTER SERVICER ADVANCES THIS MONTH                                    7,009.52


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,302,641.32

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,143,786.62

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     279,751.30


FORECLOSURES
  NUMBER OF LOANS                                                            12
  AGGREGATE PRINCIPAL BALANCE                                      3,066,547.57

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      17,913,674.33

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           68

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 738,153.48

REMAINING SUBCLASS INTEREST SHORTFALL                                 16,228.06

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       22,133.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          63.51872600 %    36.48127400 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             63.47365190 %    36.52634810 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5216 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,166,569.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         11.03485355
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              272.31

POOL TRADING FACTOR:                                                 6.81808589

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-2  (POOL  3117)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3117                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920DA3  193,971,603.35      6,106,620.17     10.5000       322,268.09  
                                                                                
- --------------------------------------------------------------------------------
                 193,971,603.35      6,106,620.17                   322,268.09  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           52,298.60          0.00       374,566.69        0.00     5,784,352.08
                                                                                
           52,298.60          0.00       374,566.69        0.00     5,784,352.08
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       31.482032   1.661419     0.269620      0.000000      1.931039   29.820613
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-2 (POOL 3117)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,231.44 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,717.54 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   20,128.49 
    MASTER SERVICER ADVANCES THIS MONTH                                2,525.83 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    430,225.27 
      (B)  TWO MONTHLY PAYMENTS:                                1    283,947.84 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      2    634,485.59 
      (D)  LOANS IN FORECLOSURE                                 2    640,026.61 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,784,352.08 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,532,340.16 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  20      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             267,379.12 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      317,567.66 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       0.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,700.43 
                                                                                
       MORTGAGE POOL INSURANCE                             1,734,452.88         
       SPECIAL HAZARD LOSS COVERAGE                        1,148,314.00         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                              366,957.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.5415% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.029820613 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-3A  (POOL  3118)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3118                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920DB1   46,306,707.62     10,049,303.10      7.4189       274,968.91  
                                                                                
- --------------------------------------------------------------------------------
                  46,306,707.62     10,049,303.10                   274,968.91  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           62,006.07          0.00       336,974.98        0.00     9,774,334.19
                                                                                
           62,006.07          0.00       336,974.98        0.00     9,774,334.19
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      217.016143   5.937993     1.339030      0.000000      7.277023  211.078150
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-3A (POOL 3118)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,038.88 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,204.82 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,410.50 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    179,400.52 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,774,334.19 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,786,447.72 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  48      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     657.26 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                  262,199.74 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,111.91 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,551,743.96         
       BANKRUPTCY AMOUNT AVAILABLE                           102,949.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,052,184.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2673% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.4189% 
                                                                                
    POOL TRADING FACTOR                                             0.211078150 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-3B  (POOL  3119)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3119                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920DC9   19,212,019.52      3,549,431.19      7.6102         5,346.99  
                                                                                
- --------------------------------------------------------------------------------
                  19,212,019.52      3,549,431.19                     5,346.99  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           22,503.55          0.00        27,850.54        0.00     3,544,084.20
                                                                                
           22,503.55          0.00        27,850.54        0.00     3,544,084.20
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      184.750551   0.278315     1.171327      0.000000      1.449642  184.472236
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-3B (POOL 3119)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,171.05 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,115.55 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   3,544,084.20 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         3,548,429.60 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  19      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,001.59 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,345.40 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,551,743.96         
       BANKRUPTCY AMOUNT AVAILABLE                           102,949.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,052,184.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3812% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6102% 
                                                                                
    POOL TRADING FACTOR                                             0.184472236 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-3C  (POOL  3120)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3120                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920DD7   15,507,832.37      2,577,282.87      8.4253         2,955.32  
                                                                                
- --------------------------------------------------------------------------------
                  15,507,832.37      2,577,282.87                     2,955.32  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           18,093.21          0.00        21,048.53        0.00     2,574,327.55
                                                                                
           18,093.21          0.00        21,048.53        0.00     2,574,327.55
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      166.192335   0.190570     1.166714      0.000000      1.357284  166.001765
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-3C (POOL 3120)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,012.40 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   807.51 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,574,327.55 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,576,982.87 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  11      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     300.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,655.32 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,551,743.96         
       BANKRUPTCY AMOUNT AVAILABLE                           102,949.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,052,184.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.2716% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.4253% 
                                                                                
    POOL TRADING FACTOR                                             0.166001765 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-5  (POOL  3126)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3126                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920DJ4  199,971,518.09     15,387,868.60      9.8906       762,361.76  
                                                                                
- --------------------------------------------------------------------------------
                 199,971,518.09     15,387,868.60                   762,361.76  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          124,510.80          0.00       886,872.56        0.00    14,625,506.84
                                                                                
          124,510.80          0.00       886,872.56        0.00    14,625,506.84
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       76.950301   3.812352     0.622643      0.000000      4.434995   73.137950
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-5 (POOL 3126)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,809.73 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 7,403.50 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   39,717.32 
    MASTER SERVICER ADVANCES THIS MONTH                                5,994.64 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    388,067.85 
      (B)  TWO MONTHLY PAYMENTS:                                3    734,482.56 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                11  3,016,528.83 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  14,625,506.84 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        14,008,307.77 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  53      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              2      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             652,935.18 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      749,381.96 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,039.45 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           11,940.35 
                                                                                
       LOC AMOUNT AVAILABLE                                3,593,193.94         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,080,672.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.8105% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               9.8801% 
                                                                                
    POOL TRADING FACTOR                                             0.073137950 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-6  (POOL  3127)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3127                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920DK1  100,033,801.56      5,334,397.00      9.5000         5,469.53  
S     760920DL9            0.00              0.00      0.8804             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 100,033,801.56      5,334,397.00                     5,469.53  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          42,221.41          0.00        47,690.94        0.00     5,328,927.47
S           3,912.82          0.00         3,912.82        0.00             0.00
                                                                                
           46,134.23          0.00        51,603.76        0.00     5,328,927.47
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A      53.325945   0.054677     0.422071      0.000000      0.476748   53.271268
S       0.000000   0.000000     0.039115      0.000000      0.039115    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-6 (POOL 3127)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,224.86 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   491.51 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,391.51 
    MASTER SERVICER ADVANCES THIS MONTH                                6,683.93 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    541,960.75 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    664,314.48 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,328,927.47 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         4,621,524.33 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  18      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              3      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             712,139.25 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,153.95 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,315.58 
                                                                                
       LOC AMOUNT AVAILABLE                                5,760,519.18         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       722,237.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.8270% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               9.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.053271268 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-8  (POOL  3129)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3129                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920ED6   95,187,660.42      4,309,775.91     10.5000         2,870.78  
S     760920ED6            0.00              0.00      0.6122             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  95,187,660.42      4,309,775.91                     2,870.78  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          37,710.39          0.00        40,581.17        0.00     4,306,905.13
S           2,198.69          0.00         2,198.69        0.00             0.00
                                                                                
           39,909.08          0.00        42,779.86        0.00     4,306,905.13
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A      45.276624   0.030159     0.396169      0.000000      0.426328   45.246465
S       0.000000   0.000000     0.023098      0.000000      0.023098    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-8 (POOL 3129)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,581.11 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   426.69 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    9,672.14 
    MASTER SERVICER ADVANCES THIS MONTH                                2,184.89 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3    975,328.98 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,306,905.13 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         4,100,782.59 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  16      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             214,902.18 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      16.45 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,854.33 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       2,101,989.32         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                226,282.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,396,176.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.6846% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.045246465 

 ................................................................................


Run:        07/30/96     13:48:39                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1990-S14 (POOL # 4027)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4027 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920FU7    98,165,276.00     2,704,257.70     9.500000  %      2,433.90
I     760920FV5        10,000.00           715.18     0.500000  %          0.61
B                  11,825,033.00     5,161,936.53     9.500000  %      4,241.85
S     760920FW3             0.00             0.00     0.117919  %          0.00

- -------------------------------------------------------------------------------
                  110,000,309.00     7,866,909.41                      6,676.36
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          21,408.14     23,842.04             0.00         0.00   2,701,823.80
I           3,277.79      3,278.40             0.00         0.00         714.57
B          40,864.25     45,106.10             0.00         0.00   5,157,694.68
S             778.69        778.69             0.00         0.00           0.00

- -------------------------------------------------------------------------------
           66,328.87     73,005.23             0.00         0.00   7,860,233.05
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       27.548007   0.024794     0.218083     0.242877   0.000000     27.523213
I       71.518000   0.061000   327.779000   327.840000   0.000000     71.457000
B      436.526184   0.358718     3.455741     3.814459   0.000000    436.167466

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:40                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-S14 (POOL # 4027)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4027 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        2,300.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       821.22

SUBSERVICER ADVANCES THIS MONTH                                        2,166.57
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     238,019.11

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       7,860,233.05

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           29

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                          211.68

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          34.38418750 %    65.61581250 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             34.38242040 %    65.61757960 %

CLASS S    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1179 %

LETTER OF CREDIT - TOTAL AVAILABLE AMOUNT                          7,793,146.50
      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,129,615.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         10.59383333
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              289.24

POOL TRADING FACTOR:                                                 7.14564634


 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-R16  (POOL  2009)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  2009                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920FT0  190,576,742.37     25,973,032.81      7.3571       745,939.69  
                                                                                
- --------------------------------------------------------------------------------
                 190,576,742.37     25,973,032.81                   745,939.69  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          157,392.21          0.00       903,331.90        0.00    25,227,093.12
                                                                                
          157,392.21          0.00       903,331.90        0.00    25,227,093.12
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      136.286477   3.914117     0.825873      0.000000      4.739990  132.372360
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-R16 (POOL 2009)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    8,842.81 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 6,753.70 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   19,529.48 
    MASTER SERVICER ADVANCES THIS MONTH                                3,063.62 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    402,341.97 
      (B)  TWO MONTHLY PAYMENTS:                                1    289,547.19 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    200,548.88 
      (D)  LOANS IN FORECLOSURE                                 6  1,592,137.35 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  25,227,093.12 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        24,859,147.98 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  98      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              2      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             411,903.87 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      709,516.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,203.35 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           33,220.34 
                                                                                
       LOC AMOUNT AVAILABLE                                3,250,288.97         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                336,386.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,609,446.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.0971% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.3571% 
                                                                                
    POOL TRADING FACTOR                                             0.132372360 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-4  (POOL  3151)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3151                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920HN1  139,233,192.04     34,201,083.31      6.7846       429,459.87  
                                                                                
- --------------------------------------------------------------------------------
                 139,233,192.04     34,201,083.31                   429,459.87  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          191,256.88          0.00       620,716.75        0.00    33,771,623.44
                                                                                
          191,256.88          0.00       620,716.75        0.00    33,771,623.44
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      245.638865   3.084465     1.373644      0.000000      4.458109  242.554401
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-4 (POOL 3151)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                   11,241.28 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                10,725.97 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   25,039.78 
    MASTER SERVICER ADVANCES THIS MONTH                                9,964.63 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 7  1,723,619.40 
      (B)  TWO MONTHLY PAYMENTS:                                1    301,123.65 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    216,040.73 
      (D)  LOANS IN FORECLOSURE                                 5  1,274,067.21 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  33,771,623.44 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        32,306,881.32 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 123      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              5      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS           1,516,561.46 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      283,087.48 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                 105,768.25 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           40,604.14 
                                                                                
       LOC AMOUNT AVAILABLE                                3,115,656.65         
       BANKRUPTCY AMOUNT AVAILABLE                           787,159.00         
       FRAUD AMOUNT AVAILABLE                                453,278.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,889,834.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.5737% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7826% 
                                                                                
    POOL TRADING FACTOR                                             0.242554401 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-R9  (POOL  2014)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  2014                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920HW1  180,816,953.83     41,249,076.11      6.1407       459,305.98  
S     760920JG4            0.00              0.00      0.5500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 180,816,953.83     41,249,076.11                   459,305.98  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         210,794.34          0.00       670,100.32        0.00    40,789,770.13
S          18,880.08          0.00        18,880.08        0.00             0.00
                                                                                
          229,674.42          0.00       688,980.40        0.00    40,789,770.13
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     228.126153   2.540171     1.165789      0.000000      3.705960  225.585982
S       0.000000   0.000000     0.104415      0.000000      0.104415    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-R9 (POOL 2014)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                   13,735.25 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                11,056.52 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,451.92 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                1    195,559.50 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  40,789,770.13 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        40,841,777.69 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 157      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      385,902.73 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  12,248.82 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           61,154.43 
                                                                                
       LOC AMOUNT AVAILABLE                                2,502,726.14         
       BANKRUPTCY AMOUNT AVAILABLE                         1,022,179.00         
       FRAUD AMOUNT AVAILABLE                                614,130.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,721,189.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4099% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.1399% 
                                                                                
    POOL TRADING FACTOR                                             0.225585982 

 ................................................................................


Run:        07/30/96     13:48:41                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-S11 (POOL # 4037)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4037 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920JY5    41,630,000.00             0.00    10.000000  %          0.00
A-2   760920JZ2     8,734,000.00     1,348,222.30    10.000000  %    235,216.96
A-3   760920KA5    62,000,000.00     1,659,712.98    10.000000  %    289,561.02
A-4   760920KB3        10,000.00           253.30     0.792500  %         44.19
B                  10,439,807.67     3,356,738.27    10.000000  %          0.00
R                           0.00            14.40    10.000000  %          2.51

- -------------------------------------------------------------------------------
                  122,813,807.67     6,364,941.25                    524,824.68
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        10,872.22    246,089.18             4.81         0.00   1,113,010.15
A-3        13,384.12    302,945.14             5.92         0.00   1,370,157.88
A-4         4,069.45      4,113.64             0.00         0.00         209.11
B               0.00          0.00            11.97   369,247.73   3,014,571.88
R               2.16          4.67             0.00         0.00          11.89


B RECOURSE OBLIGATION
                 369,247.74


- -------------------------------------------------------------------------------
           28,327.95    922,400.37            22.70   369,247.73   5,497,960.91
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    154.364816  26.931184     1.244816    28.176000   0.000551    127.434183
A-3     26.769564   4.670339     0.215873     4.886212   0.000095     22.099321
A-4     25.330000   4.419000   406.945000   411.364000   0.000000     20.911000
B      321.532578   0.000000     0.000000     0.000000   0.001147    288.757415
B RECOURSE OBLIGATION                         35.369209
_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:42                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-S11 (POOL # 4037)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4037 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        1,725.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       472.44

SUBSERVICER ADVANCES THIS MONTH                                        9,777.96
MASTER SERVICER ADVANCES THIS MONTH                                    9,894.01


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     240,700.92

 (B)  TWO MONTHLY PAYMENTS:                                    1     233,233.98

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        557,866.37

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       5,497,960.91

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           20

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,019,697.11

REMAINING SUBCLASS INTEREST SHORTFALL                                 27,069.38

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      248,555.25

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          47.26206990 %    52.73793010 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             45.16927400 %    54.83072600 %

CLASS A-4  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.7611 %

      BANKRUPTCY AMOUNT AVAILABLE                         489,203.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,524,125.00 

LOSS AMOUNT COVERED BY LOSS OBLIGATION                               369,247.74
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         11.35001960
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                               56.57

POOL TRADING FACTOR:                                                 4.47666351


 ................................................................................


Run:        07/30/96     13:48:31                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-R13 (POOL # 2015)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   2015 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920KS6   145,575,900.00    13,105,655.75     7.095080  %    345,534.72
R     760920KT4           100.00             0.00     7.095080  %          0.00
B                  10,120,256.77     7,452,534.88     7.095080  %     81,974.63

- -------------------------------------------------------------------------------
                  155,696,256.77    20,558,190.63                    427,509.35
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          77,473.72    423,008.44             0.00         0.00  12,760,121.03
R               0.00          0.00             0.00         0.00           0.00
B          44,055.45    126,030.08             0.00   112,228.72   7,258,331.53

- -------------------------------------------------------------------------------
          121,529.17    549,038.52             0.00   112,228.72  20,018,452.56
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       90.026273   2.373571     0.532188     2.905759   0.000000     87.652702
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      736.397806   8.100054     4.353195    12.453249   0.000000    717.208238

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:31                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-R13 (POOL # 2015)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 2015 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,522.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,036.87

SPREAD                                                                 3,758.66

SUBSERVICER ADVANCES THIS MONTH                                        5,289.50
MASTER SERVICER ADVANCES THIS MONTH                                    5,421.90


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     224,403.54

 (B)  TWO MONTHLY PAYMENTS:                                    2     494,314.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      20,018,452.56

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           78

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 719,047.87

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        4,018.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          63.74907200 %    36.25092800 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             63.74179520 %    36.25820480 %

      BANKRUPTCY AMOUNT AVAILABLE                       1,036,610.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,372,788.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.81417160
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              271.01

POOL TRADING FACTOR:                                                12.85737562


 ................................................................................


Run:        07/30/96     13:48:33                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-R14 (POOL # 2016)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   2016 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920KQ0   111,396,540.00    22,577,206.88     6.402448  %    671,466.85
R     760920KR8           100.00             0.00     6.402448  %          0.00
B                   9,358,525.99     8,299,455.29     6.402448  %     13,118.41

- -------------------------------------------------------------------------------
                  120,755,165.99    30,876,662.17                    684,585.26
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         119,088.12    790,554.97             0.00         0.00  21,905,740.03
R               0.00          0.00             0.00         0.00           0.00
B          43,777.19     56,895.60             0.00         0.00   8,286,336.88

- -------------------------------------------------------------------------------
          162,865.31    847,450.57             0.00         0.00  30,192,076.91
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      202.674220   6.027717     1.069047     7.096764   0.000000    196.646503
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      886.833600   1.401760     4.677787     6.079547   0.000000    885.431839

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:33                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-R14 (POOL # 2016)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 2016 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,301.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,220.54

SPREAD                                                                 5,723.24

SUBSERVICER ADVANCES THIS MONTH                                        7,747.60
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     312,554.17

 (B)  TWO MONTHLY PAYMENTS:                                    1     288,638.49

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        501,023.01

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      30,192,076.91

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          122

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      635,780.52

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          73.12062020 %    26.87937980 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             72.55459800 %    27.44540200 %

      BANKRUPTCY AMOUNT AVAILABLE                         931,279.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,875,981.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.08329306
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              252.32

POOL TRADING FACTOR:                                                25.00272072


 ................................................................................


Run:        07/30/96     13:48:43                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-20 (POOL # 4043)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4043 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920LZ9    28,246,162.00             0.00     9.000000  %          0.00
A-2   760920MA3    42,369,243.90     7,965,112.39     9.000000  %      6,449.31
S     760920LY2        10,000.00         1,127.98     0.700885  %          0.91
R                           0.00             0.00     9.000000  %          0.00

- -------------------------------------------------------------------------------
                   70,625,405.90     7,966,240.37                      6,450.22
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        59,735.90     66,185.21             0.00         0.00   7,958,663.08
S           4,652.66      4,653.57             0.00         0.00       1,127.07
R               8.46          8.46             0.00         0.00           0.00

- -------------------------------------------------------------------------------
           64,397.02     70,847.24             0.00         0.00   7,959,790.15
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    187.992790   0.152217     1.409888     1.562105   0.000000    187.840574
S      112.798000   0.091000   465.266000   465.357000   0.000000    112.707000

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:43                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-20 (POOL # 4043)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4043 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        1,974.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       832.46

SUBSERVICER ADVANCES THIS MONTH                                        6,451.68
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     727,349.56

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       7,959,790.14

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           27

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                          310.99

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION         100.00000010 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000010 %     0.00000000 %

CLASS S    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.7009 %

LETTER OF CREDIT - TOTAL AVAILABLE AMOUNT                          7,175,498.84
      BANKRUPTCY AMOUNT AVAILABLE                         455,861.00
      FRAUD AMOUNT AVAILABLE                               96,910.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,835,948.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         10.12335800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.62

POOL TRADING FACTOR:                                                11.27043454


 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-21A  (POOL  3152)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3152                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920MK1  114,708,718.07     32,736,599.58      6.8014        38,388.71  
S     760920ML9            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 114,708,718.07     32,736,599.58                    38,388.71  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         185,541.16          0.00       223,929.87        0.00    32,698,210.87
S           6,819.96          0.00         6,819.96        0.00             0.00
                                                                                
          192,361.12          0.00       230,749.83        0.00    32,698,210.87
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     285.388941   0.334663     1.617498      0.000000      1.952161  285.054279
S       0.000000   0.000000     0.059455      0.000000      0.059455    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-21A (POOL 3152)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    9,823.34 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,165.85 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   18,664.20 
    MASTER SERVICER ADVANCES THIS MONTH                               16,756.79 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4  1,180,066.83 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    228,084.56 
      (D)  LOANS IN FORECLOSURE                                 6  1,214,783.91 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  32,698,210.87 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        30,358,055.42 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 106      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              7      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS           2,385,726.68 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     785.91 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           37,602.80 
                                                                                
       LOC AMOUNT AVAILABLE                               14,946,828.06         
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00         
       FRAUD AMOUNT AVAILABLE                                669,363.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,890,846.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.5682% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.8047% 
                                                                                
    POOL TRADING FACTOR                                             0.285054279 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-21B  (POOL  3153)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3153                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920MM7   56,810,233.31     16,003,462.55      7.5183        18,546.60  
S     760920MN5            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  56,810,233.31     16,003,462.55                    18,546.60  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         100,262.23          0.00       118,808.83        0.00    15,984,915.95
S           3,333.94          0.00         3,333.94        0.00             0.00
                                                                                
          103,596.17          0.00       122,142.77        0.00    15,984,915.95
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     281.700349   0.326466     1.764862      0.000000      2.091328  281.373883
S       0.000000   0.000000     0.058686      0.000000      0.058686    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-21B (POOL 3153)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,494.34 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,106.18 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,795.98 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    938,113.01 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    480,851.61 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  15,984,915.95 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        16,006,374.18 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  66      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     549.54 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           17,997.06 
                                                                                
       LOC AMOUNT AVAILABLE                               14,946,828.06         
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00         
       FRAUD AMOUNT AVAILABLE                                669,363.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,890,846.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2630% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5183% 
                                                                                
    POOL TRADING FACTOR                                             0.281373883 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-21C  (POOL  3154)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3154                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920MB1   23,305,328.64      6,957,574.57      8.4347       568,418.76  
S     760920MC9            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  23,305,328.64      6,957,574.57                   568,418.76  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          45,415.42          0.00       613,834.18        0.00     6,389,155.81
S           1,346.09          0.00         1,346.09        0.00             0.00
                                                                                
           46,761.51          0.00       615,180.27        0.00     6,389,155.81
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     298.540075  24.390077     1.948714      0.000000     26.338791  274.149998
S       0.000000   0.000000     0.057759      0.000000      0.057759    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-21C (POOL 3154)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,133.26 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   609.18 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,489.02 
    MASTER SERVICER ADVANCES THIS MONTH                                4,970.33 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    748,828.98 
      (B)  TWO MONTHLY PAYMENTS:                                2    232,279.21 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    325,343.49 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   6,389,155.81 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,787,080.83 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  31      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              3      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             615,822.91 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      562,399.75 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     198.48 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,820.53 
                                                                                
       LOC AMOUNT AVAILABLE                               14,946,828.06         
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00         
       FRAUD AMOUNT AVAILABLE                                669,363.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,890,846.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.2734% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.4602% 
                                                                                
    POOL TRADING FACTOR                                             0.274149998 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-25A  (POOL  3159)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3159                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920NV6   56,799,660.28     16,422,346.04      6.8659       484,619.64  
S     760920NX2            0.00              0.00      0.2750             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  56,799,660.28     16,422,346.04                   484,619.64  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          92,277.55          0.00       576,897.19        0.00    15,937,726.40
S           3,695.99          0.00         3,695.99        0.00             0.00
                                                                                
           95,973.54          0.00       580,593.18        0.00    15,937,726.40
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     289.127540   8.532087     1.624614      0.000000     10.156701  280.595453
S       0.000000   0.000000     0.065071      0.000000      0.065071    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-25A (POOL 3159)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    5,084.21 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,345.93 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    8,908.30 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    726,831.83 
      (B)  TWO MONTHLY PAYMENTS:                                2    521,679.27 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  15,937,726.40 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        15,957,102.63 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  59      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      325,816.08 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     315.19 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                  140,795.70 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           17,692.67 
                                                                                
       LOC AMOUNT AVAILABLE                               13,882,257.19         
       BANKRUPTCY AMOUNT AVAILABLE                           951,412.00         
       FRAUD AMOUNT AVAILABLE                                527,884.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,906,581.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.6157% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.8657% 
                                                                                
    POOL TRADING FACTOR                                             0.280595453 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-25B  (POOL  3160)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3160                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920NW4   79,584,135.22     25,139,613.20      7.5423       593,252.27  
S     760920NY0            0.00              0.00      0.2750             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  79,584,135.22     25,139,613.20                   593,252.27  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         154,900.36          0.00       748,152.63        0.00    24,546,360.93
S           5,647.83          0.00         5,647.83        0.00             0.00
                                                                                
          160,548.19          0.00       753,800.46        0.00    24,546,360.93
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     315.887245   7.454404     1.946372      0.000000      9.400776  308.432841
S       0.000000   0.000000     0.070967      0.000000      0.070967    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-25B (POOL 3160)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    6,379.69 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,610.10 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,032.45 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    443,736.40 
      (B)  TWO MONTHLY PAYMENTS:                                2    697,871.02 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    302,791.58 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  24,546,360.93 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        24,570,893.19 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  93      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      562,324.06 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   5,264.80 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           25,663.41 
                                                                                
       LOC AMOUNT AVAILABLE                               13,882,257.19         
       BANKRUPTCY AMOUNT AVAILABLE                           951,412.00         
       FRAUD AMOUNT AVAILABLE                                527,884.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,906,581.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3137% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5533% 
                                                                                
    POOL TRADING FACTOR                                             0.308432841 

 ................................................................................


Run:        07/30/96     13:48:44                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-S30 (POOL # 4049)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4049 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920SC3    49,874,000.00             0.00     6.750000  %          0.00
A-2   760920SD1   129,239,000.00             0.00     7.450000  %          0.00
A-3   760920SE9    21,463,000.00             0.00     8.000000  %          0.00
A-4   760920SF6    78,616,000.00             0.00     8.400000  %          0.00
A-5   760920SG4    19,196,000.00             0.00     8.750000  %          0.00
A-6   760920RZ3    25,602,000.00    18,211,413.74     6.700000  %  1,593,431.53
A-7   760920SA7     5,940,500.00     4,047,810.73    19.347878  %    354,168.51
A-8   760920SL3    45,032,000.00     3,096,314.30     9.000000  %    265,136.86
A-9   760920SB5             0.00             0.00     0.103379  %          0.00
R-I   760920SJ8           500.00            34.37     9.000000  %          2.94
R-II  760920SK5       300,629.00       446,837.12     9.000000  %          0.00
M     760920SH2    10,142,260.00     8,275,260.14     9.000000  %    167,590.30
B                  20,284,521.53    16,300,741.33     9.000000  %          0.00

- -------------------------------------------------------------------------------
                  405,690,410.53    50,378,411.73                  2,380,330.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6        99,636.35  1,693,067.88             0.00         0.00  16,617,982.21
A-7        63,951.82    418,120.33             0.00         0.00   3,693,642.22
A-8        22,755.53    287,892.39             0.00         0.00   2,831,177.44
A-9         4,252.81      4,252.81             0.00         0.00           0.00
R-I             0.25          3.19             0.00         0.00          31.43
R-II            0.00          0.00         3,283.91         0.00     450,121.03
M          60,816.79    228,407.09             0.00         0.00   8,107,669.84
B          88,876.64     88,876.64             0.00         0.00  15,970,619.26

- -------------------------------------------------------------------------------
          340,290.19  2,720,620.33         3,283.91         0.00  47,671,243.43
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    711.327777  62.238557     3.891741    66.130298   0.000000    649.089220
A-7    681.392262  59.619310    10.765393    70.384703   0.000000    621.772952
A-8     68.758090   5.887743     0.505319     6.393062   0.000000     62.870346
R-I     68.740000   5.880000     0.500000     6.380000   0.000000     62.860000
R-II  1486.340706   0.000000     0.000000     0.000000  10.923464   1497.264169
M      815.918754  16.523960     5.996375    22.520335   0.000000    799.394794
B      803.604921   0.000000     4.381500     4.381500   0.000000    787.330341

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:46                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-S30 (POOL # 4049)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4049 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,814.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,105.38

SUBSERVICER ADVANCES THIS MONTH                                       60,242.81
MASTER SERVICER ADVANCES THIS MONTH                                    2,446.03


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,815,239.21

 (B)  TWO MONTHLY PAYMENTS:                                    2     628,672.31

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     386,434.16


FORECLOSURES
  NUMBER OF LOANS                                                            12
  AGGREGATE PRINCIPAL BALANCE                                      4,304,516.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      47,671,243.43

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          183

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 290,341.28

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,686,906.38

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         51.21719680 %    16.42620300 %   32.35660030 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            49.49095650 %    17.00746458 %   33.50157900 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                0.101099 %

      BANKRUPTCY AMOUNT AVAILABLE                         167,055.00
      FRAUD AMOUNT AVAILABLE                              576,443.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,780,938.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.59501995
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.29

POOL TRADING FACTOR:                                                11.75064586



FIXED STRIP INTEREST ON CLASS A-7:                                          0.00
INVERSE LIBOR INTEREST ON CLASS A-7:                                   63,951.82
TOTAL INTEREST DISTRIBUTION TO CLASS A-7:                              63,951.82


 ................................................................................


Run:        07/30/96     13:48:47                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S1 (POOL # 4051)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4051 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920TT5    49,532,000.00             0.00     8.500000  %          0.00
A-2   760920TU2    35,380,000.00             0.00     8.500000  %          0.00
A-3   760920TV0    34,879,000.00             0.00     8.500000  %          0.00
A-4   760920TW8    15,165,000.00             0.00     8.500000  %          0.00
A-5   760920TX6    12,885,227.00    10,992,657.62     6.550000  %    676,926.59
A-6   760920TY4     3,789,773.00     3,233,134.90    15.129000  %    199,096.08
A-7   760920UA4        10,000.00           938.19  7590.550000  %         57.77
A-8   760920TZ1             0.00             0.00     0.063369  %          0.00
R-I   760920UD8           100.00             0.00     9.000000  %          0.00
R-II  760920UC0           100.00             0.00     9.000000  %          0.00
M     760920UB2     3,679,183.00     3,122,712.32     9.000000  %          0.00
B                   8,174,757.92     5,432,044.29     9.000000  %          0.00

- -------------------------------------------------------------------------------
                  163,495,140.92    22,781,487.32                    876,080.44
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        58,839.78    735,766.37             0.00         0.00  10,315,731.03
A-6        39,972.48    239,068.56             0.00         0.00   3,034,038.82
A-7         5,819.57      5,877.34             0.00         0.00         880.42
A-8         1,179.75      1,179.75             0.00         0.00           0.00
R-I             2.64          2.64             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M           3,846.42      3,846.42             0.00         0.00   3,122,712.32
B               0.00          0.00             0.00   151,995.37   5,339,120.79

- -------------------------------------------------------------------------------
          109,660.64    985,741.08             0.00   151,995.37  21,812,483.38
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    853.120990  52.535092     4.566453    57.101545   0.000000    800.585898
A-6    853.120992  52.535094    10.547460    63.082554   0.000000    800.585898
A-7     93.819000   5.777000   581.957000   587.734000   0.000000     88.042000
R-I      0.000000   0.000000    26.400000    26.400000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      848.751563   0.000000     1.045455     1.045455   0.000000    848.751563
B      664.489927   0.000000     0.000000     0.000000   0.000000    653.122801

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:48                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S1 (POOL # 4051)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4051 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,696.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,315.67

SUBSERVICER ADVANCES THIS MONTH                                       20,972.62
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     588,165.11

 (B)  TWO MONTHLY PAYMENTS:                                    1     788,472.31

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     642,521.65


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        488,194.19

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      21,812,483.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           77

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                 39,951.47

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      721,546.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         62.44864750 %    13.70723600 %   23.84411610 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            61.20646620 %    14.31617054 %   24.47736320 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0661 %

      BANKRUPTCY AMOUNT AVAILABLE                         200,053.00
      FRAUD AMOUNT AVAILABLE                              317,339.00 *
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,872,978.00 *

      * ADJUSTED IN ACCORDANCE WITH THE POOLING AND SERVICING AGREEMENT

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.50076010
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.77

POOL TRADING FACTOR:                                                13.34136492


 ................................................................................


Run:        07/30/96     13:48:49                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S2 (POOL # 4052)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4052 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920TA6    67,550,000.00             0.00     5.700000  %          0.00
A-2   760920TB4    59,269,000.00             0.00     6.250000  %          0.00
A-3   760920TC2    34,651,000.00             0.00     6.500000  %          0.00
A-4   760920TF5    53,858,000.00             0.00     6.900000  %          0.00
A-5   760920TG3    51,354,000.00             0.00     7.350000  %          0.00
A-6   760920TH1    53,342,000.00             0.00     7.800000  %          0.00
A-7   760920TM0    22,300,000.00             0.00     8.000000  %          0.00
A-8   760920TN8    18,168,000.00     7,049,545.89     8.000000  %  1,326,476.18
A-9   760920TP3     6,191,000.00     6,191,000.00     8.000000  %          0.00
A-10  760920TJ7    19,111,442.00    19,111,442.00     8.000000  %          0.00
A-11  760920TD0    30,157,000.00             0.00     6.800000  %          0.00
A-12  760920TK4    24,904,800.00             0.00     0.000000  %          0.00
A-13  760920TE8     6,226,200.00             0.00     0.000000  %          0.00
A-14  760920TL2    36,520,000.00             0.00     6.850000  %          0.00
A-15  760920SX7    17,599,000.00     4,024,600.28     8.000000  %    159,537.72
A-16  760920SY5             0.00             0.00     0.500000  %          0.00
A-17  760920SZ2        10,000.00           743.69     8.000000  %         29.48
A-18  760920UR7             0.00             0.00     0.165349  %          0.00
R-I   760920TR9        38,000.00         4,596.05     8.000000  %          0.00
R-II  760920TS7       702,000.00       946,069.69     8.000000  %          0.00
M     760920TQ1    12,177,000.00    11,087,924.83     8.000000  %     46,294.79
B                  27,060,001.70    23,643,420.90     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  541,188,443.70    72,059,343.33                  1,532,338.17
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        46,634.37  1,373,110.55             0.00         0.00   5,723,069.71
A-9        40,954.89     40,954.89             0.00         0.00   6,191,000.00
A-10      126,426.60    126,426.60             0.00         0.00  19,111,442.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14            0.00          0.00             0.00         0.00           0.00
A-15       26,623.66    186,161.38             0.00         0.00   3,865,062.56
A-16       29,798.98     29,798.98             0.00         0.00           0.00
A-17            4.92         34.40             0.00         0.00         714.21
A-18        9,854.45      9,854.45             0.00         0.00           0.00
R-I             0.00          0.00            30.64         0.00       4,626.69
R-II            0.00          0.00         6,307.13         0.00     952,376.82
M          73,363.70    119,658.49             0.00         0.00  11,041,630.04
B         153,867.14    153,867.14             0.00         0.00  23,544,703.84

- -------------------------------------------------------------------------------
          507,528.71  2,039,866.88         6,337.77         0.00  70,434,625.87
===============================================================================

































Run:        07/30/96     13:48:49
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S2 (POOL # 4052)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4052 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    388.019919  73.011679     2.566841    75.578520   0.000000    315.008240
A-9   1000.000000   0.000000     6.615230     6.615230   0.000000   1000.000000
A-10  1000.000000   0.000000     6.615231     6.615231   0.000000   1000.000000
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-13     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-14     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-15   228.683464   9.065158     1.512794    10.577952   0.000000    219.618306
A-17    74.369000   2.948000     0.492000     3.440000   0.000000     71.421000
R-I    120.948684   0.000000     0.000000     0.000000   0.806316    121.755000
R-II  1347.677621   0.000000     0.000000     0.000000   8.984516   1356.662137
M      910.562933   3.801822     6.024776     9.826598   0.000000    906.761110
B      873.740555   0.000000     5.686147     5.686147   0.000000    870.092475

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:51                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S2 (POOL # 4052)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4052 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       21,246.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,504.93

SUBSERVICER ADVANCES THIS MONTH                                       26,876.32
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,050,027.36

 (B)  TWO MONTHLY PAYMENTS:                                    2     648,243.24

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        639,848.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      70,434,625.87

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          267

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,323,852.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         51.80174540 %    15.38721300 %   32.81104130 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            50.89583650 %    15.67642321 %   33.42774030 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1655 %
CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  8.0000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              882,221.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,053,382.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.14636015
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.44

POOL TRADING FACTOR:                                                13.01480597


 ................................................................................


Run:        07/30/96     13:48:52                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S3 (POOL # 4053)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4053 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920UK2    10,820,000.00             0.00     7.500000  %          0.00
A-2   760920UL0    26,800,000.00             0.00     7.500000  %          0.00
A-3   760920UM8    25,330,000.00             0.00     7.500000  %          0.00
A-4   760920UN6    15,000,000.00     4,541,844.41     7.500000  %     96,701.46
A-5   760920UP1     8,110,000.00     5,473,158.71     7.500000  %    116,530.28
A-6   760920UQ9    74,560,000.00     2,537,494.04     7.500000  %     54,026.37
A-7   760920UE6     4,915,714.00             0.00     0.000000  %          0.00
A-8   760920UF3     1,966,286.00             0.00     0.000000  %          0.00
A-9   760920UH9             0.00             0.00     0.500000  %          0.00
A-10  760920UG1             0.00             0.00     0.392316  %          0.00
R     760920UJ5           100.00             0.00     7.500000  %          0.00
B                   8,816,068.76     6,945,424.68     7.500000  %     36,159.17

- -------------------------------------------------------------------------------
                  176,318,168.76    19,497,921.84                    303,417.28
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        28,145.92    124,847.38             0.00         0.00   4,445,142.95
A-5        33,917.29    150,447.57             0.00         0.00   5,356,628.43
A-6        15,724.91     69,751.28             0.00         0.00   2,483,467.67
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9         8,055.27      8,055.27             0.00         0.00           0.00
A-10        6,320.42      6,320.42             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          43,040.95     79,200.12             0.00         0.00   6,909,265.51

- -------------------------------------------------------------------------------
          135,204.76    438,622.04             0.00         0.00  19,194,504.56
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4    302.789627   6.446764     1.876395     8.323159   0.000000    296.342864
A-5    674.865439  14.368716     4.182157    18.550873   0.000000    660.496723
A-6     34.032914   0.724603     0.210903     0.935506   0.000000     33.308311
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      787.814259   4.101507     4.882103     8.983610   0.000000    783.712752

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:54                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S3 (POOL # 4053)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4053 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,840.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,038.34

SUBSERVICER ADVANCES THIS MONTH                                        6,287.56
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     516,882.63

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      19,194,504.56

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           89

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      201,907.48

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          64.37864130 %    35.62135870 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             64.00393930 %    35.99606070 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3933 %

      BANKRUPTCY AMOUNT AVAILABLE                         738,029.00
      FRAUD AMOUNT AVAILABLE                              266,182.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,779,373.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.88100689
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              121.39

POOL TRADING FACTOR:                                                10.88628852


 ................................................................................


Run:        07/30/96     13:48:55                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S4 (POOL # 4054)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4054 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920US5   100,740,115.00     8,874,996.64     8.081561  %     59,234.67
R                         100.00             0.00     8.081561  %          0.00
B                   5,302,117.23     4,299,285.74     8.081561  %     23,048.20

- -------------------------------------------------------------------------------
                  106,042,332.23    13,174,282.38                     82,282.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          59,716.69    118,951.36             0.00         0.00   8,815,761.97
R               0.00          0.00             0.00         0.00           0.00
B          28,928.37     51,976.57             0.00         0.00   4,276,237.54

- -------------------------------------------------------------------------------
           88,645.06    170,927.93             0.00         0.00  13,091,999.51
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       88.097940   0.587995     0.592780     1.180775   0.000000     87.509946
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      810.862068   4.346981     5.456003     9.802984   0.000000    806.515087

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:55                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S4 (POOL # 4054)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4054 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,689.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,451.24

SUBSERVICER ADVANCES THIS MONTH                                       10,092.14
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     699,166.22

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     187,243.07


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      13,091,999.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           68

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       11,656.38

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          67.36607270 %    32.63392730 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             67.33701730 %    32.66298270 %

      BANKRUPTCY AMOUNT AVAILABLE                         175,974.00
      FRAUD AMOUNT AVAILABLE                              139,210.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,430,713.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.63409487
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              122.24

POOL TRADING FACTOR:                                                12.34601242



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                 -0.0001


 ................................................................................


Run:        07/30/96     13:48:56                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S5 (POOL # 4055)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4055 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920UU0    13,762,000.00             0.00     5.300000  %          0.00
A-2   760920UV8    27,927,000.00             0.00     6.050000  %          0.00
A-3   760920UW6    16,879,000.00             0.00     7.000000  %          0.00
A-4   760920UZ9    11,286,000.00       689,663.04     7.500000  %     42,030.03
A-5   760920VE5     6,968,000.00     6,968,000.00     7.500000  %          0.00
A-6   760920UX4       100,000.00             0.00   799.600500  %          0.00
A-7   760920UY2    15,340,000.00             0.00     7.500000  %          0.00
A-8   760920VA3    11,176,000.00             0.00     7.500000  %          0.00
A-9   760920VF2     5,427,000.00             0.00     0.000000  %          0.00
A-10  760920VB1     1,809,000.00             0.00     0.000000  %          0.00
A-11  760920VC9             0.00             0.00     0.500000  %          0.00
A-12  760920VD7             0.00             0.00     0.449907  %          0.00
R-I   760920VG0           500.00             0.00     7.500000  %          0.00
R-II  760920VH8           500.00             0.00     7.500000  %          0.00
B                   5,825,312.92     4,507,886.50     7.500000  %     22,403.52

- -------------------------------------------------------------------------------
                  116,500,312.92    12,165,549.54                     64,433.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4         4,308.99     46,339.02             0.00         0.00     647,633.01
A-5        43,535.88     43,535.88             0.00         0.00   6,968,000.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11        5,067.34      5,067.34             0.00         0.00           0.00
A-12        4,559.65      4,559.65             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          28,165.17     50,568.69             0.00         0.00   4,485,482.98

- -------------------------------------------------------------------------------
           85,637.03    150,070.58             0.00         0.00  12,101,115.99
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4     61.107836   3.724086     0.381800     4.105886   0.000000     57.383751
A-5   1000.000000   0.000000     6.247974     6.247974   0.000000   1000.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      773.844523   3.845893     4.834961     8.680854   0.000000    769.998632

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:58                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S5 (POOL # 4055)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4055 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,441.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,295.03

SUBSERVICER ADVANCES THIS MONTH                                        4,300.26
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     133,238.22

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        234,909.16

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      12,101,115.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           60

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        3,972.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          62.94547580 %    37.05452420 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             62.93331140 %    37.06668860 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4499 %

      BANKRUPTCY AMOUNT AVAILABLE                         188,115.00
      FRAUD AMOUNT AVAILABLE                              131,188.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,363,143.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.91449967
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              123.25

POOL TRADING FACTOR:                                                10.38719613


 ................................................................................


Run:        07/30/96     13:48:59                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S6 (POOL # 4056)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4056 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920VJ4    67,533,900.00             0.00     7.500000  %          0.00
A-2   760920VK1    55,635,000.00             0.00     7.500000  %          0.00
A-3   760920VL9    94,808,000.00             0.00     7.500000  %          0.00
A-4   760920VM7     4,966,000.00             0.00     7.500000  %          0.00
A-5   760920VN5    94,152,000.00             0.00     7.500000  %          0.00
A-6   760920VP0    30,584,000.00             0.00     7.500000  %          0.00
A-7   760920VQ8     5,327,000.00             0.00     7.500000  %          0.00
A-8   760920VR6    32,684,000.00     8,211,529.57     7.500000  %  1,600,847.69
A-9   760920VV7    30,371,000.00    30,371,000.00     5.691000  %          0.00
A-10  760920VS4    10,124,000.00    10,124,000.00    12.926821  %          0.00
A-11  760920VT2             0.00             0.00     1.000000  %          0.00
A-12  760920VU9             0.00             0.00     0.146563  %          0.00
R     760920VX3           100.00             0.00     7.500000  %          0.00
M     760920VW5    10,339,213.00     9,192,726.96     7.500000  %     88,836.34
B                  22,976,027.86    20,267,925.20     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  459,500,240.86    78,167,181.73                  1,689,684.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        50,893.29  1,651,740.98             0.00         0.00   6,610,681.88
A-9       142,831.13    142,831.13             0.00         0.00  30,371,000.00
A-10      108,148.14    108,148.14             0.00         0.00  10,124,000.00
A-11       64,595.11     64,595.11             0.00         0.00           0.00
A-12        9,467.24      9,467.24             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          56,974.53    145,810.87             0.00         0.00   9,103,890.62
B          31,974.26     31,974.26             0.00         0.00  20,072,060.78

- -------------------------------------------------------------------------------
          464,883.70  2,154,567.73             0.00         0.00  76,281,633.28
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    251.240043  48.979552     1.557132    50.536684   0.000000    202.260491
A-9   1000.000000   0.000000     4.702879     4.702879   0.000000   1000.000000
A-10  1000.000000   0.000000    10.682353    10.682353   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      889.112833   8.592176     5.510529    14.102705   0.000000    880.520657
B      882.133558   0.000000     1.391635     1.391635   0.000000    873.608828

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:00                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S6 (POOL # 4056)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4056 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,718.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,003.50

SUBSERVICER ADVANCES THIS MONTH                                       56,222.21
MASTER SERVICER ADVANCES THIS MONTH                                    5,557.12


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   2,715,681.77

 (B)  TWO MONTHLY PAYMENTS:                                    1     551,227.19

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     216,330.56


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      3,514,960.32

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      76,281,633.28

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          287

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 684,759.45

REMAINING SUBCLASS INTEREST SHORTFALL                                 93,641.97

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,130,159.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         62.31071470 %    11.76034100 %   25.92894450 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            61.75232470 %    11.93457747 %   26.31309780 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1481 %

      BANKRUPTCY AMOUNT AVAILABLE                         171,275.00
      FRAUD AMOUNT AVAILABLE                              881,310.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,921,312.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.16235495
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.19

POOL TRADING FACTOR:                                                16.60099963


 ................................................................................


Run:        07/30/96     13:49:01                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S7 (POOL # 4057)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4057 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920WT1   107,070,000.00             0.00     8.500000  %          0.00
A-2   760920WU8    74,668,000.00             0.00     8.500000  %          0.00
A-3   760920WV6    56,784,000.00     3,581,080.33     8.500000  %  1,171,995.79
A-4   760920WX2    31,674,000.00    31,674,000.00     8.500000  %          0.00
A-5   760920WY0    30,082,000.00     3,917,273.10     8.500000  %    130,223.15
A-6   760920WW4             0.00             0.00     0.129709  %          0.00
R     760920XA1       539,100.00             0.00     8.500000  %          0.00
M     760920WZ7     7,278,000.00     6,625,761.44     8.500000  %      6,019.08
B                  15,364,881.77    12,897,128.04     8.500000  %     11,412.21

- -------------------------------------------------------------------------------
                  323,459,981.77    58,695,242.91                  1,319,650.23
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        25,223.70  1,197,219.49             0.00         0.00   2,409,084.54
A-4       223,098.93    223,098.93             0.00         0.00  31,674,000.00
A-5        27,591.70    157,814.85             0.00         0.00   3,787,049.95
A-6         6,308.84      6,308.84             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          46,669.20     52,688.28             0.00         0.00   6,619,742.36
B          90,842.19    102,254.40             0.00         0.00  12,885,411.83

- -------------------------------------------------------------------------------
          419,734.56  1,739,384.79             0.00         0.00  57,375,288.68
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3     63.064954  20.639543     0.444204    21.083747   0.000000     42.425411
A-4   1000.000000   0.000000     7.043598     7.043598   0.000000   1000.000000
A-5    130.219836   4.328939     0.917216     5.246155   0.000000    125.890897
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      910.382171   0.827024     6.412366     7.239390   0.000000    909.555147
B      839.389996   0.742746     5.912326     6.655072   0.000000    838.627464

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:02                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S7 (POOL # 4057)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4057 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,597.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,076.63

SUBSERVICER ADVANCES THIS MONTH                                       39,709.12
MASTER SERVICER ADVANCES THIS MONTH                                    7,185.89


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   3,544,270.79

 (B)  TWO MONTHLY PAYMENTS:                                    1     284,679.13

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,094,332.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      57,375,288.68

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          218

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 881,872.26

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,266,633.37

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         66.73854900 %    11.28841300 %   21.97303800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            66.00425960 %    11.53761926 %   22.45812110 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1267 %

      BANKRUPTCY AMOUNT AVAILABLE                         176,134.00
      FRAUD AMOUNT AVAILABLE                              618,645.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,947,069.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.07313766
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.77

POOL TRADING FACTOR:                                                17.73798674



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


 ................................................................................


Run:        07/30/96     13:49:04                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S8 (POOL # 4058)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4058 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920WD6   100,786,658.00    32,399,087.02     7.722680  %    698,708.90
S     760920WF1             0.00             0.00     0.150000  %          0.00
R     760920WE4           100.00             0.00     7.722680  %          0.00
B                   7,295,556.68     5,378,278.30     7.722680  %      5,089.97

- -------------------------------------------------------------------------------
                  108,082,314.68    37,777,365.32                    703,798.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         207,014.34    905,723.24             0.00         0.00  31,700,378.12
S           4,688.38      4,688.38             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          34,364.58     39,454.55             0.00         0.00   5,373,188.33

- -------------------------------------------------------------------------------
          246,067.30    949,866.17             0.00         0.00  37,073,566.45
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      321.462063   6.932554     2.053986     8.986540   0.000000    314.529510
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      737.199166   0.697682     4.710342     5.408024   0.000000    736.501485

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:04                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S8 (POOL # 4058)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4058 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,435.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,012.35

SUBSERVICER ADVANCES THIS MONTH                                       12,438.31
MASTER SERVICER ADVANCES THIS MONTH                                   12,261.28


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     997,748.70

 (B)  TWO MONTHLY PAYMENTS:                                    2     312,331.50

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        364,753.49

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      37,073,566.45

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          146

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       6

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,648,117.89

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      668,046.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          85.76322550 %    14.23677450 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             85.50668620 %    14.49331380 %

      BANKRUPTCY AMOUNT AVAILABLE                         168,986.00
      FRAUD AMOUNT AVAILABLE                              408,082.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,908,520.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.28995862
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.11

POOL TRADING FACTOR:                                                34.30123287



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.0849

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


 ................................................................................


Run:        07/30/96     13:49:05                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S9 (POOL # 4059)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4059 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920VY1    80,148,000.00             0.00     8.000000  %          0.00
A-2   760920VZ8    20,051,000.00             0.00     8.000000  %          0.00
A-3   760920WA2    21,301,000.00             0.00     8.000000  %          0.00
A-4   760920WB0    31,218,000.00             0.00     8.000000  %          0.00
A-5   760920WC8    24,873,900.00    22,653,765.43     8.000000  %    492,763.11
A-6   760920WG9     5,000,000.00     6,983,056.78     8.000000  %          0.00
A-7   760920WH7    20,288,000.00     3,292,982.13     8.000000  %     49,620.46
A-8   760920WJ3             0.00             0.00     0.175723  %          0.00
R     760920WL8           100.00             0.00     8.000000  %          0.00
M     760920WK0     4,908,000.00     4,635,363.45     8.000000  %      4,627.31
B                  10,363,398.83     9,787,718.14     8.000000  %      9,770.71

- -------------------------------------------------------------------------------
                  218,151,398.83    47,352,885.93                    556,781.59
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       149,810.19    642,573.30             0.00         0.00  22,161,002.32
A-6             0.00          0.00        46,179.21         0.00   7,029,235.99
A-7        21,776.61     71,397.07             0.00         0.00   3,243,361.67
A-8         6,878.39      6,878.39             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          30,653.83     35,281.14             0.00         0.00   4,630,736.14
B          64,726.55     74,497.26             0.00         0.00   9,777,947.43

- -------------------------------------------------------------------------------
          273,845.57    830,627.16        46,179.21         0.00  46,842,283.55
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    910.744412  19.810448     6.022787    25.833235   0.000000    890.933964
A-6   1396.611356   0.000000     0.000000     0.000000   9.235842   1405.847198
A-7    162.311816   2.445804     1.073374     3.519178   0.000000    159.866013
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      944.450581   0.942810     6.245687     7.188497   0.000000    943.507771
B      944.450590   0.942810     6.245686     7.188496   0.000000    943.507781

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:06                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S9 (POOL # 4059)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4059 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,964.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,948.31

SUBSERVICER ADVANCES THIS MONTH                                       12,859.19
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     781,863.73

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        886,160.94

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      46,842,283.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          189

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      463,331.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         69.54128290 %     9.78897800 %   20.66973940 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            69.24000610 %     9.88580357 %   20.87419030 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1762 %

      BANKRUPTCY AMOUNT AVAILABLE                         141,104.00
      FRAUD AMOUNT AVAILABLE                              493,401.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,934,153.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68360119
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.59

POOL TRADING FACTOR:                                                21.47237368



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


 ................................................................................


Run:        07/30/96     13:49:07                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S10 (POOL # 4060)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4060 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920WM6    17,396,000.00             0.00     8.000000  %          0.00
A-2   760920WN4    42,597,000.00     5,061,955.57     8.000000  %    107,608.63
A-3   760920WP9    11,500,000.00    11,500,000.00     8.000000  %          0.00
A-4   760920WQ7    61,114,000.00             0.00     8.000000  %          0.00
A-5   760920WR5             0.00             0.00     0.182415  %          0.00
R     760920WS3           100.00             0.00     8.000000  %          0.00
B                   7,347,668.28     5,859,455.29     8.000000  %     31,305.00

- -------------------------------------------------------------------------------
                  139,954,768.28    22,421,410.86                    138,913.63
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        33,718.22    141,326.85             0.00         0.00   4,954,346.94
A-3        76,602.71     76,602.71             0.00         0.00  11,500,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5         3,405.49      3,405.49             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          39,030.43     70,335.43             0.00         0.00   5,828,150.29

- -------------------------------------------------------------------------------
          152,756.85    291,670.48             0.00         0.00  22,282,497.23
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    118.833617   2.526202     0.791563     3.317765   0.000000    116.307415
A-3   1000.000000   0.000000     6.661105     6.661105   0.000000   1000.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      797.457788   4.260533     5.311950     9.572483   0.000000    793.197252

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:08                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S10 (POOL # 4060)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4060 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,638.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,463.11

SUBSERVICER ADVANCES THIS MONTH                                       11,363.19
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     492,425.46

 (B)  TWO MONTHLY PAYMENTS:                                    2     488,865.98

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      22,282,497.23

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          100

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       19,123.95

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          73.86669680 %    26.13330320 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             73.84426790 %    26.15573210 %

CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1826 %

      BANKRUPTCY AMOUNT AVAILABLE                         224,994.00
      FRAUD AMOUNT AVAILABLE                              252,686.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,677,518.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.66316783
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              121.53

POOL TRADING FACTOR:                                                15.92121333



CLASS A-4 PAC COMPONENT PRINCIPAL:                                          0.00
CLASS A-4 COMPANION PRINCIPAL:                                              0.00


 ................................................................................


Run:        07/30/96     13:49:09                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S11 (POOL # 4061)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4061 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920XG8   119,002,000.00             0.00     8.500000  %          0.00
A-2   760920XH6     5,000,000.00             0.00     8.500000  %          0.00
A-3   760920XJ2    35,000,000.00             0.00     8.500000  %          0.00
A-4   760920XK9     7,000,000.00             0.00     8.500000  %          0.00
A-5   760920XL7    20,748,000.00             0.00     8.500000  %          0.00
A-6   760920XM5    15,000,000.00             0.00     8.500000  %          0.00
A-7   760920XN3     2,250,000.00             0.00     8.500000  %          0.00
A-8   760920XP8    28,600,000.00             0.00     8.500000  %          0.00
A-9   760920XU7    38,830,000.00    27,334,982.19     8.500000  %    992,057.69
A-10  760920XQ6     6,395,000.00     4,501,859.67     8.500000  %    163,384.21
A-11  760920XR4    18,232,500.00             0.00     0.000000  %          0.00
A-12  760920XS2     5,362,500.00             0.00     0.000000  %          0.00
A-13  760920XT0             0.00             0.00     0.187046  %          0.00
R     760920XW3           100.00             0.00     8.500000  %          0.00
M     760920XV5     7,292,000.00     6,475,756.74     8.500000  %      5,711.12
B                  15,395,727.87    13,190,505.76     8.500000  %      9,243.91

- -------------------------------------------------------------------------------
                  324,107,827.87    51,503,104.36                  1,170,396.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9       191,787.63  1,183,845.32             0.00         0.00  26,342,924.50
A-10       31,585.93    194,970.14             0.00         0.00   4,338,475.46
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13        7,951.77      7,951.77             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          45,435.18     51,146.30             0.00         0.00   6,470,045.62
B          92,547.20    101,791.11             0.00     2,389.11  13,178,872.75

- -------------------------------------------------------------------------------
          369,307.71  1,539,704.64             0.00     2,389.11  50,330,318.33
===============================================================================










































Run:        07/30/96     13:49:09
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S11 (POOL # 4061)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4061 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    703.965547  25.548743     4.939161    30.487904   0.000000    678.416804
A-10   703.965547  25.548743     4.939160    30.487903   0.000000    678.416804
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      888.063184   0.783204     6.230826     7.014030   0.000000    887.279981
B      856.764024   0.600420     6.011225     6.611645   0.000000    856.008424

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:11                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S11 (POOL # 4061)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4061 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,350.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,336.29

SUBSERVICER ADVANCES THIS MONTH                                       26,243.98
MASTER SERVICER ADVANCES THIS MONTH                                    6,108.34


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,435,555.01

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     301,167.54


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      1,532,919.77

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      50,330,318.33

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          196

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 742,580.87

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,127,364.25

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         61.81538430 %    12.57352700 %   25.61108870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            60.96007530 %    12.85516531 %   26.18475940 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1835 %

      BANKRUPTCY AMOUNT AVAILABLE                         330,694.00
      FRAUD AMOUNT AVAILABLE                              531,123.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,935,342.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.15023172
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.00

POOL TRADING FACTOR:                                                15.52888082



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


 ................................................................................


Run:        07/30/96     13:49:12                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S12 (POOL # 4062)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4062 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920XE3   100,482,169.00    10,707,928.62     7.901327  %    109,870.81
R     760920XF0           100.00             0.00     7.901327  %          0.00
B                   5,010,927.54     4,145,972.03     7.901327  %     20,875.28

- -------------------------------------------------------------------------------
                  105,493,196.54    14,853,900.65                    130,746.09
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          70,319.01    180,189.82             0.00         0.00  10,598,057.81
R               0.00          0.00             0.00         0.00           0.00
B          27,226.62     48,101.90             0.00         0.00   4,125,096.75

- -------------------------------------------------------------------------------
           97,545.63    228,291.72             0.00         0.00  14,723,154.56
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      106.565461   1.093436     0.699816     1.793252   0.000000    105.472025
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      827.386147   4.165951     5.433449     9.599400   0.000000    823.220196

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:13                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S12 (POOL # 4062)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4062 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,597.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,562.12

SUBSERVICER ADVANCES THIS MONTH                                        7,078.79
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     169,155.72

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        452,010.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      14,723,154.56

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           68

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       55,955.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          72.08832800 %    27.91167200 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             71.98224920 %    28.01775080 %

      BANKRUPTCY AMOUNT AVAILABLE                         169,778.00
      FRAUD AMOUNT AVAILABLE                              163,447.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,701,239.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.31563565
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              125.13

POOL TRADING FACTOR:                                                13.95649676


 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-13  (POOL  3165)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3165                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920XX1  149,986,318.83     30,319,200.10      8.3846       360,700.75  
                                                                                
- --------------------------------------------------------------------------------
                 149,986,318.83     30,319,200.10                   360,700.75  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          211,492.50          0.00       572,193.25        0.00    29,958,499.35
                                                                                
          211,492.50          0.00       572,193.25        0.00    29,958,499.35
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      202.146438   2.404891     1.410079      0.000000      3.814970  199.741547
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-13 (POOL 3165)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    8,449.91 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,606.50 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,617.49 
    MASTER SERVICER ADVANCES THIS MONTH                                6,306.83 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    400,368.73 
      (B)  TWO MONTHLY PAYMENTS:                                1    123,809.81 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3    757,426.26 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  29,958,499.35 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        29,204,812.58 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 121      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              3      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             784,265.69 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      327,949.85 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   5,551.91 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           27,198.99 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       8,508,189.71         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                374,041.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       843,438.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.9468% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3761% 
                                                                                
    POOL TRADING FACTOR                                             0.199741547 

 ................................................................................


Run:        07/30/96     13:49:14                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S14 (POOL # 4063)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4063 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920XB9    86,981,379.00    21,368,587.83     8.497070  %     25,587.44
S     760920XD5             0.00             0.00     0.150000  %          0.00
R     760920XC7           100.00             0.00     8.497070  %          0.00
B                   6,546,994.01     3,938,363.84     8.497070  %      3,943.11

- -------------------------------------------------------------------------------
                   93,528,473.01    25,306,951.67                     29,530.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         151,288.52    176,875.96             0.00         0.00  21,343,000.39
S           3,162.95      3,162.95             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          27,883.42     31,826.53             0.00       141.48   3,934,279.25

- -------------------------------------------------------------------------------
          182,334.89    211,865.44             0.00       141.48  25,277,279.64
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      245.668534   0.294171     1.739321     2.033492   0.000000    245.374362
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      601.552993   0.602278     4.258965     4.861243   0.000000    600.929105

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:15                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S14 (POOL # 4063)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4063 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,972.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,016.83

SUBSERVICER ADVANCES THIS MONTH                                       26,581.02
MASTER SERVICER ADVANCES THIS MONTH                                    8,826.45


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     639,615.10

 (B)  TWO MONTHLY PAYMENTS:                                    3     644,497.72

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     860,796.12


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,108,749.94

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      25,277,279.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          110

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       4

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,058,004.95

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        3,425.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.43762060 %    15.56237940 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.43551160 %    15.56448840 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,589,205.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.17761663
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              278.84

POOL TRADING FACTOR:                                                27.02629352



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.0875

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


 ................................................................................


Run:        07/30/96     13:49:16                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S15 (POOL # 4064)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4064 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920YX0    13,793,900.00             0.00     8.000000  %          0.00
A-2   760920YY8     9,250,000.00             0.00     8.000000  %          0.00
A-3   760920YZ5    11,875,000.00             0.00     8.000000  %          0.00
A-4   760920ZA9     7,475,000.00             0.00     8.000000  %          0.00
A-5   760920ZE1    19,600,000.00     3,993,239.79     8.000000  %     97,506.20
A-6   760920ZF8     6,450,000.00     5,151,279.35     8.000000  %    125,783.00
A-7   760920ZG6    37,500,000.00             0.00     8.000000  %          0.00
A-8   760920ZH4    10,000,000.00     1,996,619.90     8.000000  %     48,753.10
A-9   760920ZJ0     9,350,000.00       239,594.39     8.000000  %      5,850.37
A-10  760920ZC5    60,000,000.00     5,449,933.88     8.000000  %    133,075.49
A-11  760920ZD3    15,000,000.00     1,362,483.45     8.000000  %     33,268.87
A-12  760920ZB7             0.00             0.00     0.232779  %          0.00
R     760920ZK7           100.00             0.00     8.000000  %          0.00
B                   8,345,599.90     6,740,351.21     8.000000  %     35,087.71

- -------------------------------------------------------------------------------
                  208,639,599.90    24,933,501.97                    479,324.74
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        26,456.06    123,962.26             0.00         0.00   3,895,733.59
A-6        34,128.32    159,911.32             0.00         0.00   5,025,496.35
A-7             0.00          0.00             0.00         0.00           0.00
A-8        13,228.03     61,981.13             0.00         0.00   1,947,866.80
A-9         1,587.37      7,437.74             0.00         0.00     233,744.02
A-10       36,106.97    169,182.46             0.00         0.00   5,316,858.39
A-11        9,026.74     42,295.61             0.00         0.00   1,329,214.58
A-12        4,806.59      4,806.59             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          44,656.26     79,743.97             0.00         0.00   6,705,263.50

- -------------------------------------------------------------------------------
          169,996.34    649,321.08             0.00         0.00  24,454,177.23
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    203.736724   4.974806     1.349799     6.324605   0.000000    198.761918
A-6    798.647961  19.501240     5.291212    24.792452   0.000000    779.146721
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    199.661990   4.875310     1.322803     6.198113   0.000000    194.786680
A-9     25.625068   0.625708     0.169772     0.795480   0.000000     24.999360
A-10    90.832231   2.217925     0.601783     2.819708   0.000000     88.614307
A-11    90.832230   2.217925     0.601783     2.819708   0.000000     88.614305
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      807.653289   4.204336     5.350875     9.555211   0.000000    803.448953

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:17                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S15 (POOL # 4064)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4064 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,365.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,055.27

SUBSERVICER ADVANCES THIS MONTH                                        2,197.94
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     195,729.07

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      24,454,177.23

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          117

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      349,530.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          72.96668870 %    27.03331130 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             72.58029400 %    27.41970600 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2357 %

      BANKRUPTCY AMOUNT AVAILABLE                         331,112.00
      FRAUD AMOUNT AVAILABLE                              259,535.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,652,817.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.66953870
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              121.50

POOL TRADING FACTOR:                                                11.72077460


ENDING CLASS A-10 PERCENTAGE:                                          29.955965
ENDING CLASS A-11 PERCENTAGE:                                           7.488991
ENDING A-7 COMPANION PRINCIPAL COMPONENT:                                   0.00
ENDING A-8 COMPANION PRINCIPAL COMPONENT:                                   0.00
ENDING A-9 COMPANION PRINCIPAL COMPONENT:                                   0.00


 ................................................................................


Run:        07/30/96     13:49:19                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S16 (POOL # 4065)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4065 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920XY9    39,900,000.00             0.00     7.000000  %          0.00
A-2   760920YD4    22,000,000.00             0.00     0.000000  %          0.00
A-3   760920YE2       100,000.00             0.00     0.000000  %          0.00
A-4   760920YF9    88,000,000.00             0.00     8.250000  %          0.00
A-5   760920YG7    26,000,000.00             0.00     8.250000  %          0.00
A-6   760920YH5    39,064,000.00             0.00     8.250000  %          0.00
A-7   760920YJ1    30,000,000.00     1,680,485.54     8.250000  %    398,686.09
A-8   760920YK8    20,625,000.00    20,625,000.00     6.091000  %          0.00
A-9   760920YL6     4,375,000.00     4,375,000.00    18.428142  %          0.00
A-10  760920XZ6    23,595,000.00     2,331,023.70     7.270000  %     34,832.45
A-11  760920YA0     6,435,000.00       635,733.72    11.843331  %      9,499.76
A-12  760920YB8             0.00             0.00     0.500000  %          0.00
A-13  760920YC6             0.00             0.00     0.220252  %          0.00
R-I   760920YN2           100.00             0.00     8.750000  %          0.00
R-II  760920YP7           100.00             0.00     8.750000  %          0.00
M     760920YM4     7,260,603.00     6,257,026.85     8.750000  %     47,734.55
B                  15,327,940.64    12,719,269.85     8.750000  %         72.93

- -------------------------------------------------------------------------------
                  322,682,743.64    48,623,539.66                    490,825.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7        11,543.53    410,229.62             0.00         0.00   1,281,799.45
A-8       104,600.15    104,600.15             0.00         0.00  20,625,000.00
A-9        67,128.87     67,128.87             0.00         0.00   4,375,000.00
A-10       14,110.13     48,942.58             0.00         0.00   2,296,191.25
A-11        6,269.01     15,768.77             0.00         0.00     626,233.96
A-12       12,342.53     12,342.53             0.00         0.00           0.00
A-13        8,916.95      8,916.95             0.00         0.00           0.00
R-I             0.01          0.01             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          45,585.40     93,319.95             0.00         0.00   6,209,292.30
B          92,665.89     92,738.82             0.00         0.00  12,622,235.17

- -------------------------------------------------------------------------------
          363,162.47    853,988.25             0.00         0.00  48,035,752.13
===============================================================================







































Run:        07/30/96     13:49:19
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S16 (POOL # 4065)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4065 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7     56.016185  13.289536     0.384784    13.674320   0.000000     42.726648
A-8   1000.000000   0.000000     5.071522     5.071522   0.000000   1000.000000
A-9   1000.000000   0.000000    15.343742    15.343742   0.000000   1000.000000
A-10    98.793121   1.476264     0.598014     2.074278   0.000000     97.316857
A-11    98.793119   1.476264     0.974205     2.450469   0.000000     97.316855
R-I      0.000000   0.000000     0.100000     0.100000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      861.777851   6.574461     6.278459    12.852920   0.000000    855.203390
B      829.809441   0.004758     6.045555     6.050313   0.000000    823.478866

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:20                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S16 (POOL # 4065)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4065 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,477.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,903.22

SUBSERVICER ADVANCES THIS MONTH                                       24,992.38
MASTER SERVICER ADVANCES THIS MONTH                                   11,921.30


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,085,152.49

 (B)  TWO MONTHLY PAYMENTS:                                    1     209,664.28

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,764,730.01

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      48,035,752.13

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          188

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,449,261.98

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      216,840.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         60.97302490 %    12.86830800 %   26.15866710 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            60.79685100 %    12.92639758 %   26.27675140 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2222 %

      BANKRUPTCY AMOUNT AVAILABLE                         191,092.00
      FRAUD AMOUNT AVAILABLE                              500,887.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,293,738.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.42087634
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.86

POOL TRADING FACTOR:                                                14.88637155


LIBOR INDEX:                                                              0.0000
COFI INDEX:                                                               0.0000
TREASURY INDEX:                                                           0.0000


 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-17A  (POOL  3166)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3166                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920YR3   32,200,599.87      6,218,277.79      8.0000         5,283.38  
S     760920YS1            0.00              0.00      0.6000             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  32,200,599.87      6,218,277.79                     5,283.38  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          41,454.71          0.00        46,738.09        0.00     6,212,994.41
S           3,109.10          0.00         3,109.10        0.00             0.00
                                                                                
           44,563.81          0.00        49,847.19        0.00     6,212,994.41
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     193.110620   0.164077     1.287389      0.000000      1.451466  192.946542
S       0.000000   0.000000     0.096554      0.000000      0.096554    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-17A (POOL 3166)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,895.43 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   624.74 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,494.28 
    MASTER SERVICER ADVANCES THIS MONTH                                2,018.29 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    818,410.08 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   6,212,994.41 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,993,930.65 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  23      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             225,608.36 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      70.41 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,212.97 
                                                                                
       FSA GUARANTY INSURANCE POLICY                      12,572,901.49         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                141,653.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,791,111.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.0569% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.192946542 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-17B  (POOL  3167)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3167                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920YT9   63,951,716.07      7,547,028.48      7.5770         7,426.82  
S     760920YU6            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  63,951,716.07      7,547,028.48                     7,426.82  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          47,652.64          0.00        55,079.46        0.00     7,539,601.66
S           1,572.28          0.00         1,572.28        0.00             0.00
                                                                                
           49,224.92          0.00        56,651.74        0.00     7,539,601.66
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     118.011352   0.116132     0.745135      0.000000      0.861267  117.895220
S       0.000000   0.000000     0.024585      0.000000      0.024585    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-17B (POOL 3167)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,483.32 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   786.73 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   7,539,601.66 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         7,544,914.10 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  28      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     100.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            7,326.82 
                                                                                
       FSA GUARANTY INSURANCE POLICY                      12,572,901.49         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                141,653.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,791,111.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3468% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5770% 
                                                                                
    POOL TRADING FACTOR                                             0.117895220 

 ................................................................................

Run:        07/30/96     09:36:18                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-17C  (POOL  3168)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3168                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920YV4   75,606,730.04     12,838,450.45      7.7226       218,736.81  
S     760920YW2            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  75,606,730.04     12,838,450.45                   218,736.81  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          81,799.28          0.00       300,536.09        0.00    12,619,713.64
S           2,648.05          0.00         2,648.05        0.00             0.00
                                                                                
           84,447.33          0.00       303,184.14        0.00    12,619,713.64
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     169.805657   2.893087     1.081905      0.000000      3.974992  166.912570
S       0.000000   0.000000     0.035024      0.000000      0.035024    0.000000
                                                                                
                                                                                
Determination Date       22-July-1996                                           
Distribution Date        25-July-1996                                           
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/96    09:36:18                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-17C (POOL 3168)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,662.73 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,325.51 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,957.65 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    280,011.58 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    238,495.22 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  12,619,713.64 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        12,631,319.45 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  43      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      206,844.76 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     178.55 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           11,713.50 
                                                                                
       FSA GUARANTY INSURANCE POLICY                      12,572,901.49         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                141,653.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,791,111.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4406% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7201% 
                                                                                
    POOL TRADING FACTOR                                             0.166912570 

 ................................................................................


Run:        07/30/96     13:49:21                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S18 (POOL # 4066)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4066 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920A57    23,863,000.00             0.00     7.400000  %          0.00
A-2   760920A73    38,374,000.00             0.00     7.450000  %          0.00
A-3   760920A99    23,218,000.00             0.00     7.750000  %          0.00
A-4   760920B49     9,500,000.00     8,115,260.29     7.950000  %    599,421.65
A-5   760920B31        41,703.00           405.75  1008.000000  %         29.97
A-6   760920B72     5,488,000.00     5,488,000.00     8.000000  %          0.00
A-7   760920B98    16,619,000.00             0.00     8.000000  %          0.00
A-8   760920C89    15,208,000.00             0.00     8.000000  %          0.00
A-9   760920C30    13,400,000.00             0.00     8.000000  %          0.00
A-10  760920C71     4,905,000.00             0.00     8.000000  %          0.00
A-11  760920C55             0.00             0.00     0.390149  %          0.00
R-I   760920C97           100.00             0.00     8.000000  %          0.00
R-II  760920C63       137,368.00             0.00     8.000000  %          0.00
B                   7,103,848.23     5,957,397.12     8.000000  %     29,568.91

- -------------------------------------------------------------------------------
                  157,858,019.23    19,561,063.16                    629,020.53
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        52,392.98    651,814.63             0.00         0.00   7,515,838.64
A-5           332.14        362.11             0.00         0.00         375.78
A-6        35,653.95     35,653.95             0.00         0.00   5,488,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11        6,197.64      6,197.64             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          38,703.49     68,272.40             0.00         0.00   5,927,828.21

- -------------------------------------------------------------------------------
          133,280.20    762,300.73             0.00         0.00  18,932,042.63
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4    854.237925  63.097016     5.515051    68.612067   0.000000    791.140910
A-5      9.729516   0.718653     7.964415     8.683068   0.000000      9.010863
A-6   1000.000000   0.000000     6.496711     6.496711   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      838.615484   4.162379     5.448243     9.610622   0.000000    834.453105

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:23                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S18 (POOL # 4066)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4066 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,185.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,020.51

SUBSERVICER ADVANCES THIS MONTH                                        5,801.63
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     501,785.98

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      18,932,042.63

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          101

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      531,931.25

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          69.54461490 %    30.45538510 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             68.68891370 %    31.31108630 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3813 %

      BANKRUPTCY AMOUNT AVAILABLE                         265,253.00
      FRAUD AMOUNT AVAILABLE                              196,467.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,148,099.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.83195713
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              125.57

POOL TRADING FACTOR:                                                11.99308260


 ................................................................................


Run:        07/30/96     13:49:24                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S19 (POOL # 4067)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4067 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920ZP6   117,460,633.00             0.00     7.750000  %          0.00
A-2   760920ZQ4    60,098,010.00             0.00     0.000000  %          0.00
A-3   760920ZR2       241,357.00             0.00     0.000000  %          0.00
A-4   760920ZS0    37,500,000.00             0.00     8.500000  %          0.00
A-5   760920ZT8    15,800,000.00             0.00     8.500000  %          0.00
A-6   760920ZU5    33,700,000.00    17,034,166.14     8.500000  %    233,940.30
A-7   760920ZX9     9,104,000.00     9,104,000.00     8.500000  %          0.00
A-8   760920ZY7    19,200,000.00             0.00     0.000000  %          0.00
A-9   760920ZZ4     1,663,637.00             0.00     0.000000  %          0.00
A-10  760920ZV3     6,136,363.00             0.00     0.000000  %          0.00
A-11  760920ZW1             0.00             0.00     0.180374  %          0.00
R-I   760920A32           100.00             0.00     8.500000  %          0.00
R-II  760920A40           100.00             0.00     8.500000  %          0.00
M     760920A24     6,402,000.00     5,923,393.86     8.500000  %      5,314.46
B                  12,805,385.16    11,513,396.11     8.500000  %     10,329.79

- -------------------------------------------------------------------------------
                  320,111,585.16    43,574,956.11                    249,584.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       120,450.31    354,390.61             0.00         0.00  16,800,225.84
A-7        64,375.31     64,375.31             0.00         0.00   9,104,000.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11        6,538.53      6,538.53             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          41,884.91     47,199.37             0.00         0.00   5,918,079.40
B          81,412.39     91,742.18             0.00         0.00  11,503,066.32

- -------------------------------------------------------------------------------
          314,661.45    564,246.00             0.00         0.00  43,325,371.56
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    505.464871   6.941849     3.574193    10.516042   0.000000    498.523022
A-7   1000.000000   0.000000     7.071102     7.071102   0.000000   1000.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      925.241153   0.830125     6.542473     7.372598   0.000000    924.411028
B      899.105803   0.806675     6.357668     7.164343   0.000000    898.299128

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:25                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S19 (POOL # 4067)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4067 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,377.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,413.86

SUBSERVICER ADVANCES THIS MONTH                                       37,709.49
MASTER SERVICER ADVANCES THIS MONTH                                   12,361.07


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,214,326.90

 (B)  TWO MONTHLY PAYMENTS:                                    1     253,950.15

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     541,469.30


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,646,230.75

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      43,325,371.56

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          161

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       4

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,512,899.02

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      210,489.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         59.98437740 %    13.59357400 %   26.42204870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            59.78996810 %    13.65961603 %   26.55041590 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1807 %

      BANKRUPTCY AMOUNT AVAILABLE                         224,340.00
      FRAUD AMOUNT AVAILABLE                              421,091.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,938,553.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.10490536
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.92

POOL TRADING FACTOR:                                                13.53445910


 ................................................................................


Run:        07/30/96     13:49:26                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S20 (POOL # 4068)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4068 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920E20    54,519,000.00             0.00     8.100000  %          0.00
A-2   760920E46   121,290,000.00             0.00     8.100000  %          0.00
A-3   760920E61    38,352,000.00             0.00     8.100000  %          0.00
A-4   760920E79    45,739,000.00             0.00     8.100000  %          0.00
A-5   760920E87    38,405,000.00    15,645,686.34     8.100000  %    467,943.96
A-6   760920D70     2,829,000.00     1,101,360.74     8.100000  %     42,904.21
A-7   760920D88     2,530,000.00     2,530,000.00     8.100000  %          0.00
A-8   760920E38     6,097,000.00     6,097,000.00     8.100000  %          0.00
A-9   760920F45     4,635,000.00     6,362,639.26     8.100000  %          0.00
A-10  760920E53    16,830,000.00             0.00     8.100000  %          0.00
A-11  760920D96     8,130,000.00     2,513,588.71     8.100000  %     37,061.79
A-12  760920F37    10,000,000.00     1,007,046.79     8.100000  %     14,848.48
A-13  760920E95             0.00             0.00     0.400000  %          0.00
A-14  760920F29             0.00             0.00     0.262826  %          0.00
R-I   760920F60           100.00             0.00     8.500000  %          0.00
R-II  760920F78       750,000.00             0.00     8.500000  %          0.00
M     760920F52     8,448,000.00     7,952,284.44     8.500000  %     55,256.04
B                  16,895,592.50    15,854,036.80     8.500000  %      9,994.36

- -------------------------------------------------------------------------------
                  375,449,692.50    59,063,643.08                    628,008.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       105,501.15    573,445.11             0.00         0.00  15,177,742.38
A-6         7,426.63     50,330.84             0.00         0.00   1,058,456.53
A-7        17,060.16     17,060.16             0.00         0.00   2,530,000.00
A-8        41,112.96     41,112.96             0.00         0.00   6,097,000.00
A-9             0.00          0.00        42,904.21         0.00   6,405,543.47
A-10            0.00          0.00             0.00         0.00           0.00
A-11       16,949.49     54,011.28             0.00         0.00   2,476,526.92
A-12        6,790.67     21,639.15             0.00         0.00     992,198.31
A-13       11,740.51     11,740.51             0.00         0.00           0.00
A-14       12,923.07     12,923.07             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          56,271.49    111,527.53             0.00         0.00   7,897,028.40
B         112,185.40    122,179.76             0.00   100,166.61  15,743,875.82

- -------------------------------------------------------------------------------
          387,961.53  1,015,970.37        42,904.21   100,166.61  58,378,371.83
===============================================================================











































Run:        07/30/96     13:49:26
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S20 (POOL # 4068)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4068 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    407.386703  12.184454     2.747068    14.931522   0.000000    395.202249
A-6    389.310972  15.165857     2.625179    17.791036   0.000000    374.145115
A-7   1000.000000   0.000000     6.743146     6.743146   0.000000   1000.000000
A-8   1000.000000   0.000000     6.743146     6.743146   0.000000   1000.000000
A-9   1372.737704   0.000000     0.000000     0.000000   9.256572   1381.994276
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   309.174503   4.558646     2.084808     6.643454   0.000000    304.615857
A-12   100.704679   1.484848     0.679067     2.163915   0.000000     99.219831
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      941.321548   6.540724     6.660924    13.201648   0.000000    934.780824
B      938.353408   0.591537     6.639922     7.231459   0.000000    931.833306

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:28                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S20 (POOL # 4068)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4068 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,742.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,000.13

SUBSERVICER ADVANCES THIS MONTH                                       51,782.51
MASTER SERVICER ADVANCES THIS MONTH                                   11,323.65


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,615,148.62

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     517,139.69


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      3,172,045.68

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      58,378,371.83

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          211

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,376,574.69

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      274,870.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         59.69378120 %    13.46392500 %   26.84229410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            59.50400210 %    13.52731868 %   26.96867920 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2627 %

      BANKRUPTCY AMOUNT AVAILABLE                         363,201.00
      FRAUD AMOUNT AVAILABLE                              582,172.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,431,774.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.21488418
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.93

POOL TRADING FACTOR:                                                15.54891987


 ................................................................................


Run:        07/30/96     13:49:29                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S21 (POOL # 4069)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4069 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920ZL5   105,871,227.00    41,475,359.16     6.885711  %    602,615.68
S     760920ZN1             0.00             0.00     0.150000  %          0.00
R     760920ZM3           100.00             0.00     6.885711  %          0.00
B                   7,968,810.12     2,819,803.23     6.885711  %      3,241.30

- -------------------------------------------------------------------------------
                  113,840,137.12    44,295,162.39                    605,856.98
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         236,700.63    839,316.31             0.00         0.00  40,872,743.48
S           5,506.91      5,506.91             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          16,092.67     19,333.97             0.00         0.00   2,816,561.93

- -------------------------------------------------------------------------------
          258,300.21    864,157.19             0.00         0.00  43,689,305.41
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      391.752890   5.691968     2.235741     7.927709   0.000000    386.060922
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      353.854991   0.406748     2.019457     2.426205   0.000000    353.448242

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:30                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S21 (POOL # 4069)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4069 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,764.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,267.08

SUBSERVICER ADVANCES THIS MONTH                                       21,280.18
MASTER SERVICER ADVANCES THIS MONTH                                   18,930.03


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     697,777.18

 (B)  TWO MONTHLY PAYMENTS:                                    3     877,845.76

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     440,388.68


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                      1,052,398.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      43,689,305.41

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          149

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       9

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               2,836,282.09

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      554,940.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          93.63406050 %     6.36593950 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             93.55320050 %     6.44679950 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              418,036.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,836,592.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.52384587
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.57

POOL TRADING FACTOR:                                                38.37776949



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1108

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


 ................................................................................


Run:        07/30/96     13:56:03                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S23 (POOL # 4070)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4070 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920G28    37,023,610.00             0.00     7.000000  %          0.00
A-2   760920F86    58,150,652.00             0.00     0.000000  %          0.00
A-3   760920F94       307,675.00             0.00     0.000000  %          0.00
A-4   760920G36    42,213,063.00             0.00     8.500000  %          0.00
A-5   760920G44    18,094,000.00     1,578,650.89     8.500000  %    800,536.27
A-6   760920G51    20,500,000.00    20,500,000.00     8.500000  %          0.00
A-7   760920H50     2,975,121.40     2,975,121.40     8.500000  %          0.00
A-8   760920G85    12,518,180.60             0.00     0.000000  %          0.00
A-9   760920G93     1,390,910.00             0.00     0.000000  %          0.00
A-10  760920G69     4,090,909.00             0.00     0.000000  %          0.00
A-11  760920G77     3,661,879.00       861,025.33     0.106107  %     32,382.57
R-I   760920H35           100.00             0.00     8.500000  %          0.00
R-II  760920H43           100.00             0.00     8.500000  %          0.00
M     760920H27     4,320,000.00     4,004,434.74     8.500000  %      3,777.33
B                  10,804,782.23     9,926,655.74     8.500000  %      9,363.70

- -------------------------------------------------------------------------------
                  216,050,982.23    39,845,888.10                    846,059.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        11,075.76    811,612.03             0.00         0.00     778,114.62
A-6       143,827.26    143,827.26             0.00         0.00  20,500,000.00
A-7        20,873.35     20,873.35             0.00         0.00   2,975,121.40
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11        3,489.76     35,872.33             0.00         0.00     828,642.76
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          28,094.97     31,872.30             0.00         0.00   4,000,657.41
B          69,645.06     79,008.76             0.00         0.00   9,917,292.04

- -------------------------------------------------------------------------------
          277,006.16  1,123,066.03             0.00         0.00  38,999,828.23
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5     87.247203  44.243189     0.612123    44.855312   0.000000     43.004014
A-6   1000.000000   0.000000     7.015964     7.015964   0.000000   1000.000000
A-7   1000.000000   0.000000     7.015966     7.015966   0.000000   1000.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   235.132108   8.843157     0.952997     9.796154   0.000000    226.288952
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      926.952486   0.874382     6.503465     7.377847   0.000000    926.078104
B      918.727979   0.866626     6.445762     7.312388   0.000000    917.861353

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:56:05                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S23 (POOL # 4070)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4070 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,680.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,195.72

SUBSERVICER ADVANCES THIS MONTH                                       14,562.06
MASTER SERVICER ADVANCES THIS MONTH                                    5,975.34


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     733,774.86

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,107,968.46

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      38,999,828.23

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          156

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 741,334.88

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      808,473.73

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         65.03757060 %    10.04980700 %   24.91262260 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            64.31279290 %    10.25814110 %   25.42906590 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1074 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              391,468.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,889,292.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.85266700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.85

POOL TRADING FACTOR:                                                18.05121542



COFI INDEX USED FOR THIS DISTRIBUTION                                     0.0000


 ................................................................................


Run:        07/30/96     13:49:31                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S22 (POOL # 4072)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4072 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920H92    23,871,000.00             0.00     8.000000  %          0.00
A-2   760920J25     9,700,000.00             0.00     6.000000  %          0.00
A-3   760920J33             0.00             0.00     2.000000  %          0.00
A-4   760920J41    19,500,000.00             0.00     8.000000  %          0.00
A-5   760920J58    39,840,000.00             0.00     8.000000  %          0.00
A-6   760920J82    10,982,000.00     8,303,467.86     8.000000  %    160,815.21
A-7   760920J90     7,108,000.00             0.00     8.000000  %          0.00
A-8   760920K23    10,000,000.00     1,162,878.68     8.000000  %     22,521.74
A-9   760920K31    37,500,000.00     4,536,587.79     8.000000  %     87,861.16
A-10  760920J74    17,000,000.00     6,789,759.73     8.000000  %    131,498.87
A-11  760920J66             0.00             0.00     0.336982  %          0.00
R-I   760920K49           100.00             0.00     8.000000  %          0.00
R-II  760920K56           100.00             0.00     8.000000  %          0.00
B                   8,269,978.70     6,968,018.00     8.000000  %     33,897.96

- -------------------------------------------------------------------------------
                  183,771,178.70    27,760,712.06                    436,594.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6        54,853.38    215,668.59             0.00         0.00   8,142,652.65
A-7             0.00          0.00             0.00         0.00           0.00
A-8         7,682.07     30,203.81             0.00         0.00   1,140,356.94
A-9        29,969.07    117,830.23             0.00         0.00   4,448,726.63
A-10       44,853.70    176,352.57             0.00         0.00   6,658,260.86
A-11        7,724.86      7,724.86             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          46,031.32     79,929.28             0.00         0.00   6,934,120.04

- -------------------------------------------------------------------------------
          191,114.40    627,709.34             0.00         0.00  27,324,117.12
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    756.097966  14.643527     4.994844    19.638371   0.000000    741.454439
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    116.287868   2.252174     0.768207     3.020381   0.000000    114.035694
A-9    120.975674   2.342964     0.799175     3.142139   0.000000    118.632710
A-10   399.397631   7.735228     2.638453    10.373681   0.000000    391.662404
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      842.567829   4.098921     5.566071     9.664992   0.000000    838.468912

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:33                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S22 (POOL # 4072)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4072 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,084.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,904.75

SUBSERVICER ADVANCES THIS MONTH                                        7,125.50
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      46,936.26

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        598,683.22

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      27,324,117.12

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          121

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      301,544.84

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          74.89971440 %    25.10028560 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             74.62271150 %    25.37728850 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3406 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              332,819.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,779,307.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.77484503
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              125.97

POOL TRADING FACTOR:                                                14.86855410


                                                  PAC         COMPANION
ENDING A-7 PRINCIPAL COMPONENT:                        0.00           0.00
ENDING A-8 PRINCIPAL COMPONENT:                1,140,356.94           0.00
ENDING A-9 PRINCIPAL COMPONENT:                4,448,726.63           0.00
ENDING A-10 PRINCIPAL COMPONENT:               6,658,260.86           0.00


 ................................................................................


Run:        07/30/96     13:49:34                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S24 (POOL # 4073)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4073 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920K80    41,803,000.00             0.00     8.125000  %          0.00
A-2   760920K98    63,713,000.00             0.00     8.125000  %          0.00
A-3   760920L22    62,468,000.00             0.00     8.125000  %          0.00
A-4   760920L30    16,820,000.00             0.00     8.125000  %          0.00
A-5   760920L55    39,009,000.00             0.00     8.125000  %          0.00
A-6   760920L63    56,332,000.00             0.00     8.125000  %          0.00
A-7   760920L71    23,000,000.00             0.00     8.125000  %          0.00
A-8   760920L89    27,721,000.00     9,584,670.36     8.125000  %    855,404.69
A-9   760920M47    29,187,000.00    29,187,000.00     8.125000  %          0.00
A-10  760920L48    10,749,000.00             0.00     8.125000  %          0.00
A-11  760920M39    29,251,000.00    10,677,297.69     8.125000  %    235,569.18
A-12  760920L97             0.00             0.00     0.375000  %          0.00
A-13  760920M21             0.00             0.00     0.199827  %          0.00
R-I   760920K64           100.00             0.00     8.500000  %          0.00
R-II  760920K72       168,000.00             0.00     8.500000  %          0.00
M     760920M54     9,708,890.00     8,846,157.04     8.500000  %      7,353.07
B                  21,576,273.86    19,327,695.47     8.500000  %     16,065.50

- -------------------------------------------------------------------------------
                  431,506,263.86    77,622,820.56                  1,114,392.44
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        64,244.69    919,649.38             0.00         0.00   8,729,265.67
A-9       195,636.30    195,636.30             0.00         0.00  29,187,000.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11       71,568.40    307,137.58             0.00         0.00  10,441,728.51
A-12       15,297.66     15,297.66             0.00         0.00           0.00
A-13       12,796.15     12,796.15             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          62,031.20     69,384.27             0.00         0.00   8,838,803.97
B         135,530.07    151,595.57             0.00         0.00  19,311,629.97

- -------------------------------------------------------------------------------
          557,104.47  1,671,496.91             0.00         0.00  76,508,428.12
===============================================================================






































Run:        07/30/96     13:49:34
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S24 (POOL # 4073)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4073 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    345.754856  30.857642     2.317546    33.175188   0.000000    314.897214
A-9   1000.000000   0.000000     6.702857     6.702857   0.000000   1000.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   365.023339   8.053372     2.446699    10.500071   0.000000    356.969967
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      911.139898   0.757354     6.389113     7.146467   0.000000    910.382543
B      895.784675   0.744591     6.281440     7.026031   0.000000    895.040084

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:36                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S24 (POOL # 4073)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4073 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       20,059.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,940.22

SUBSERVICER ADVANCES THIS MONTH                                       37,107.50
MASTER SERVICER ADVANCES THIS MONTH                                   13,265.96


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,940,698.28

 (B)  TWO MONTHLY PAYMENTS:                                    2     557,819.57

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,099,345.46

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      76,508,428.12

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          287

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       4

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,611,810.03

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,049,871.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         63.70416290 %    11.39633500 %   24.89950160 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            63.20610080 %    11.55271934 %   25.24117990 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1985 %

      BANKRUPTCY AMOUNT AVAILABLE                         257,117.00
      FRAUD AMOUNT AVAILABLE                              952,558.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,269,255.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.14396201
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.87

POOL TRADING FACTOR:                                                17.73054867


 ................................................................................


Run:        07/30/96     13:49:37                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S25 (POOL # 4074)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4074 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920H68   126,657,873.00    39,238,260.34     7.460304  %  2,267,692.78
S     760920H84             0.00             0.00     0.150000  %          0.00
R     760920H76           100.00             0.00     7.460304  %          0.00
B                   8,084,552.09     6,665,502.24     7.460304  %          0.00

- -------------------------------------------------------------------------------
                  134,742,525.09    45,903,762.58                  2,267,692.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         237,005.44  2,504,698.22             0.00         0.00  36,970,567.56
S           5,574.83      5,574.83             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B               0.00          0.00             0.00   152,315.18   6,553,447.77

- -------------------------------------------------------------------------------
          242,580.27  2,510,273.05             0.00   152,315.18  43,524,015.33
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      309.797247  17.904081     1.871225    19.775306   0.000000    291.893166
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      824.473906   0.000000     0.000000     0.000000   0.000000    810.613587

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:38                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S25 (POOL # 4074)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4074 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,093.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,864.21

SUBSERVICER ADVANCES THIS MONTH                                       25,293.39
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,388,787.99

 (B)  TWO MONTHLY PAYMENTS:                                    1     921,907.35

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                      1,097,109.93

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      43,524,015.33

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          146

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                 40,260.71

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,082,075.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          85.47939890 %    14.52060110 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.94291550 %    15.05708450 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              638,921.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,931,788.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07218256
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.44

POOL TRADING FACTOR:                                                32.30161770



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1273

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


 ................................................................................


Run:        07/30/96     13:49:39                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S26 (POOL # 4075)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4075 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920N46    26,393,671.00             0.00     6.000000  %          0.00
A-2   760920N20    80,949,153.00             0.00     0.000000  %          0.00
A-3   760920N38       227,532.00             0.00     0.000000  %          0.00
A-4   760920N79    48,309,228.00             0.00     6.000000  %          0.00
A-5   760920N53    47,204,957.00             0.00     0.000000  %          0.00
A-6   760920N61       416,459.00             0.00     0.000000  %          0.00
A-7   760920N87    35,500,000.00             0.00     8.500000  %          0.00
A-8   760920N95    27,999,000.00             0.00     8.500000  %          0.00
A-9   760920P28     2,000,000.00             0.00     8.500000  %          0.00
A-10  760920P36     2,200,000.00     1,506,146.00     8.500000  %     26,746.59
A-11  760920T24    20,000,000.00    13,692,236.18     8.500000  %    243,150.84
A-12  760920P44    39,837,000.00    27,272,880.68     8.500000  %    484,320.00
A-13  760920P77     4,598,000.00     6,330,800.46     8.500000  %          0.00
A-14  760920M62     2,400,000.00       667,199.55     8.500000  %     44,838.78
A-15  760920M70     3,700,000.00     3,700,000.00     8.500000  %          0.00
A-16  760920M88     4,000,000.00     4,000,000.00     8.500000  %          0.00
A-17  760920M96     4,302,000.00     4,302,000.00     8.500000  %          0.00
A-18  760920P51             0.00             0.00     0.103156  %          0.00
R-I   760920P85           100.00             0.00     8.500000  %          0.00
R-II  760920P93           100.00             0.00     8.500000  %          0.00
M     760920P69     8,469,000.00     7,864,803.37     8.500000  %          0.00
B                  17,878,726.36    16,000,740.05     8.500000  %          0.00

- -------------------------------------------------------------------------------
                  376,384,926.36    85,336,806.29                    799,056.21
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10       10,667.49     37,414.08             0.00         0.00   1,479,399.41
A-11       96,977.18    340,128.02             0.00         0.00  13,449,085.34
A-12      193,163.99    677,483.99             0.00         0.00  26,788,560.68
A-13            0.00          0.00        44,838.78         0.00   6,375,639.24
A-14        4,725.54     49,564.32             0.00         0.00     622,360.77
A-15       26,205.76     26,205.76             0.00         0.00   3,700,000.00
A-16       28,330.56     28,330.56             0.00         0.00   4,000,000.00
A-17       30,469.52     30,469.52             0.00         0.00   4,302,000.00
A-18        7,335.09      7,335.09             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M               0.00          0.00             0.00         0.00   7,864,803.37
B               0.00          0.00             0.00         0.00  15,468,887.82

- -------------------------------------------------------------------------------
          397,875.13  1,196,931.34        44,838.78         0.00  84,050,736.63
===============================================================================




























Run:        07/30/96     13:49:39
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S26 (POOL # 4075)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4075 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10   684.611818  12.157541     4.848859    17.006400   0.000000    672.454277
A-11   684.611809  12.157542     4.848859    17.006401   0.000000    672.454267
A-12   684.611810  12.157542     4.848859    17.006401   0.000000    672.454268
A-13  1376.859604   0.000000     0.000000     0.000000   9.751801   1386.611405
A-14   277.999813  18.682825     1.968975    20.651800   0.000000    259.316988
A-15  1000.000000   0.000000     7.082638     7.082638   0.000000   1000.000000
A-16  1000.000000   0.000000     7.082640     7.082640   0.000000   1000.000000
A-17  1000.000000   0.000000     7.082641     7.082641   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      928.657855   0.000000     0.000000     0.000000   0.000000    928.657855
B      894.959726   0.000000     0.000000     0.000000   0.000000    865.211957

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:41                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S26 (POOL # 4075)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4075 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,155.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,757.97

SUBSERVICER ADVANCES THIS MONTH                                       40,005.09
MASTER SERVICER ADVANCES THIS MONTH                                    4,971.53


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,879,756.83

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      2,133,904.60

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      84,050,736.63

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          303

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 630,366.86

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        8,369.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         72.03370450 %     9.21619100 %   18.75010410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            72.23856430 %     9.35720933 %   18.40422640 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0954 %

      BANKRUPTCY AMOUNT AVAILABLE                         337,805.00
      FRAUD AMOUNT AVAILABLE                              978,669.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,085,106.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.04008903
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.28

POOL TRADING FACTOR:                                                22.33105811


 ................................................................................


Run:        07/30/96     13:49:43                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S27 (POOL # 4076)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4076 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920Q27    13,123,000.00             0.00     7.000000  %          0.00
A-2   760920Q76        70,000.00             0.00   952.000000  %          0.00
A-3   760920Q35    14,026,000.00             0.00     7.000000  %          0.00
A-4   760920Q43    15,799,000.00             0.00     7.000000  %          0.00
A-5   760920Q50    13,201,000.00             0.00     7.000000  %          0.00
A-6   760920Q68    20,050,000.00             0.00     7.500000  %          0.00
A-7   760920Q84    16,484,000.00    11,038,895.68     8.000000  %    138,223.90
A-8   760920R42    13,021,000.00    13,021,000.00     8.000000  %          0.00
A-9   760920R59    30,298,000.00             0.00     8.000000  %          0.00
A-10  760920Q92     7,610,000.00             0.00     8.000000  %          0.00
A-11  760920R34     6,335,800.00             0.00     8.000000  %          0.00
A-12  760920R26             0.00             0.00     0.193027  %          0.00
R-I   760920R67           100.00             0.00     8.000000  %          0.00
R-II  760920R75           100.00             0.00     8.000000  %          0.00
B                   7,481,405.19     6,276,896.17     8.000000  %     30,894.09

- -------------------------------------------------------------------------------
                  157,499,405.19    30,336,791.85                    169,117.99
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7        73,544.64    211,768.54             0.00         0.00  10,900,671.78
A-8        86,750.05     86,750.05             0.00         0.00  13,021,000.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12        4,876.66      4,876.66             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          41,818.67     72,712.76             0.00         0.00   6,246,002.08

- -------------------------------------------------------------------------------
          206,990.02    376,108.01             0.00         0.00  30,167,673.86
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7    669.673361   8.385337     4.461577    12.846914   0.000000    661.288024
A-8   1000.000000   0.000000     6.662319     6.662319   0.000000   1000.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      838.999628   4.129449     5.589683     9.719132   0.000000    834.870178

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:44                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S27 (POOL # 4076)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4076 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,629.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,295.12

SUBSERVICER ADVANCES THIS MONTH                                        7,165.46
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     304,360.44

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        323,248.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      30,167,673.86

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          149

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       19,804.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          79.30929480 %    20.69070520 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             79.29571200 %    20.70428800 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1930 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              186,949.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,378,488.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.65963455
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              127.19

POOL TRADING FACTOR:                                                19.15415098


 ................................................................................


Run:        07/30/96     13:49:45                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S28 (POOL # 4077)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4077 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920R83   112,112,000.00             0.00     7.750000  %          0.00
A-2   760920R91    10,192,000.00             0.00    10.750000  %          0.00
A-3   760920S41    46,773,810.00             0.00     7.125000  %          0.00
A-4   760920S74    14,926,190.00             0.00    12.375000  %          0.00
A-5   760920S33    15,000,000.00             0.00     6.375000  %          0.00
A-6   760920S58    54,705,000.00             0.00     7.500000  %          0.00
A-7   760920S66     7,815,000.00             0.00    11.500000  %          0.00
A-8   760920S82     8,967,000.00     5,170,532.93     8.000000  %  1,638,871.58
A-9   760920S90       833,000.00       480,322.73     8.000000  %    152,244.90
A-10  760920S25    47,400,000.00    47,400,000.00     8.000000  %          0.00
A-11  760920T65     5,603,000.00     5,603,000.00     8.000000  %          0.00
A-12  760920T32    13,680,000.00             0.00     0.000000  %          0.00
A-13  760920T40     3,420,000.00             0.00     0.000000  %          0.00
A-14  760920T57             0.00             0.00     0.271902  %          0.00
R-I   760920T81           100.00             0.00     8.000000  %          0.00
R-II  760920T99           100.00             0.00     8.000000  %          0.00
M     760920T73     7,303,256.00     6,891,168.99     8.000000  %     56,073.14
B                  16,432,384.46    15,340,605.02     8.000000  %     21,079.16

- -------------------------------------------------------------------------------
                  365,162,840.46    80,885,629.67                  1,868,268.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        34,299.13  1,673,170.71             0.00         0.00   3,531,661.35
A-9         3,186.26    155,431.16             0.00         0.00     328,077.83
A-10      314,431.53    314,431.53             0.00         0.00  47,400,000.00
A-11       37,167.93     37,167.93             0.00         0.00   5,603,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14       18,236.48     18,236.48             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          45,713.10    101,786.24             0.00         0.00   6,835,095.85
B         101,763.08    122,842.24             0.00         0.00  15,215,779.18

- -------------------------------------------------------------------------------
          554,797.51  2,423,066.29             0.00         0.00  78,913,614.21
===============================================================================











































Run:        07/30/96     13:49:45
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S28 (POOL # 4077)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4077 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    576.617925 182.766988     3.825040   186.592028   0.000000    393.850937
A-9    576.617923 182.766987     3.825042   186.592029   0.000000    393.850936
A-10  1000.000000   0.000000     6.633577     6.633577   0.000000   1000.000000
A-11  1000.000000   0.000000     6.633577     6.633577   0.000000   1000.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-13     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      943.574892   7.677828     6.259277    13.937105   0.000000    935.897064
B      933.559281   1.282782     6.192837     7.475619   0.000000    925.962949

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:47                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S28 (POOL # 4077)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4077 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,705.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,398.63

SUBSERVICER ADVANCES THIS MONTH                                       24,874.58
MASTER SERVICER ADVANCES THIS MONTH                                    1,609.81


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,921,770.10

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,268,827.88

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      78,913,614.21

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          300

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 210,196.13

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,313,852.63

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         72.51455650 %     8.51964600 %   18.96579790 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            72.05694450 %     8.66149133 %   19.28156420 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2698 %

      BANKRUPTCY AMOUNT AVAILABLE                         243,529.00
      FRAUD AMOUNT AVAILABLE                              906,185.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,942,592.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.69278543
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.06

POOL TRADING FACTOR:                                                21.61052699


 ................................................................................


Run:        07/30/96     13:49:48                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S29 (POOL # 4078)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4078 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920U22   110,015,514.00    22,101,518.05     7.210053  %    484,872.33
S     760920U30             0.00             0.00     0.250000  %          0.00
R     760920U48           100.00             0.00     7.210053  %          0.00
B                   6,095,852.88     4,763,366.41     7.210053  %          0.00

- -------------------------------------------------------------------------------
                  116,111,466.88    26,864,884.46                    484,872.33
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         131,923.74    616,796.07             0.00         0.00  21,616,645.72
S           5,560.16      5,560.16             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          11,653.36     11,653.36             0.00    58,624.58   4,721,520.97

- -------------------------------------------------------------------------------
          149,137.26    634,009.59             0.00    58,624.58  26,338,166.69
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      200.894558   4.407309     1.199138     5.606447   0.000000    196.487249
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      781.410986   0.000000     1.911685     1.911685   0.000000    774.546411

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:49                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S29 (POOL # 4078)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4078 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,301.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,699.59

SPREAD                                                                 3,493.71

SUBSERVICER ADVANCES THIS MONTH                                       12,257.38
MASTER SERVICER ADVANCES THIS MONTH                                    7,342.63


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     446,805.12

 (B)  TWO MONTHLY PAYMENTS:                                    1     385,019.04

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        848,363.91

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      26,338,166.69

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           82

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 957,108.75

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      290,713.87

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.26917220 %    17.73082780 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             82.07346390 %    17.92653610 %

      BANKRUPTCY AMOUNT AVAILABLE                         302,045.00
      FRAUD AMOUNT AVAILABLE                              308,543.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,942,870.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.18218074
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.67

POOL TRADING FACTOR:                                                22.68351903


 ................................................................................


Run:        07/30/96     13:49:50                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S30 (POOL # 4079)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4079 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920Z27    25,905,000.00             0.00     6.000000  %          0.00
A-2   760920Z35    44,599,000.00             0.00     6.500000  %          0.00
A-3   760920Z43    25,000,000.00             0.00     6.500000  %          0.00
A-4   760920Z50    26,677,000.00             0.00     7.000000  %          0.00
A-5   760920Y85    11,517,000.00       323,422.11     7.000000  %    323,422.11
A-6   760920Y93     5,775,000.00     5,775,000.00     7.000000  %  1,090,418.45
A-7   760920Z68    25,900,000.00    33,648,898.06     7.000000  %          0.00
A-8   760920Z84     4,709,000.00     6,117,863.36     7.000000  %          0.00
A-9   760920Z76        50,000.00         9,936.70  4623.730000  %        256.05
A-10  7609202B3    20,035,000.00    20,035,000.00     8.000000  %          0.00
A-11  7609202L1    15,811,000.00    15,811,000.00     8.000000  %          0.00
A-12  7609202A5    24,277,000.00             0.00     7.000000  %          0.00
A-13  7609202G2     9,443,000.00             0.00     7.700000  %          0.00
A-14  7609202F4        10,000.00             0.00  2718.990000  %          0.00
A-15  7609202J6     5,128,000.00             0.00     8.000000  %          0.00
A-16  7609202M9     4,587,000.00             0.00     8.000000  %          0.00
A-17  7609202C1    12,800,000.00             0.00     0.000000  %          0.00
A-18  7609202D9     4,000,000.00             0.00     0.000000  %          0.00
A-19  760920Z92    10,298,000.00             0.00     8.000000  %          0.00
A-20  7609202E7     8,762,000.00             0.00     8.000000  %          0.00
A-21  7609202H0     6,304,000.00             0.00     8.000000  %          0.00
A-22  7609202N7     9,012,000.00             0.00     8.000000  %          0.00
A-23  7609202K3             0.00             0.00     0.129810  %          0.00
R-I   7609202Q0           100.00             0.00     8.000000  %          0.00
R-II  7609202R8           100.00             0.00     8.000000  %          0.00
M     7609202P2     6,430,878.00     6,091,754.20     8.000000  %     38,163.33
B                  14,467,386.02    13,539,987.11     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  321,497,464.02   101,352,861.54                  1,452,259.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5         1,871.17    325,293.28             0.00         0.00           0.00
A-6        33,411.38  1,123,829.83             0.00         0.00   4,684,581.55
A-7             0.00          0.00       196,285.24         0.00  33,845,183.30
A-8             0.00          0.00        35,687.54         0.00   6,153,550.90
A-9        37,973.36     38,229.41             0.00         0.00       9,680.65
A-10      132,471.90    132,471.90             0.00         0.00  20,035,000.00
A-11      104,542.71    104,542.71             0.00         0.00  15,811,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14            0.00          0.00             0.00         0.00           0.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16            0.00          0.00             0.00         0.00           0.00
A-17            0.00          0.00             0.00         0.00           0.00
A-18            0.00          0.00             0.00         0.00           0.00
A-19            0.00          0.00             0.00         0.00           0.00
A-20            0.00          0.00             0.00         0.00           0.00
A-21            0.00          0.00             0.00         0.00           0.00
A-22            0.00          0.00             0.00         0.00           0.00
A-23       10,912.22     10,912.22             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          40,420.55     78,583.88             0.00         0.00   6,053,590.87
B          55,619.18     55,619.18             0.00   119,047.29  13,455,162.44

- -------------------------------------------------------------------------------
          417,222.47  1,869,482.41       231,972.78   119,047.29 100,047,749.71
===============================================================================

























Run:        07/30/96     13:49:50
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S30 (POOL # 4079)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4079 
_______________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5     28.082149  28.082149     0.162470    28.244619   0.000000      0.000000
A-6   1000.000000 188.817048     5.785520   194.602568   0.000000    811.182952
A-7   1299.185253   0.000000     0.000000     0.000000   7.578581   1306.763834
A-8   1299.185254   0.000000     0.000000     0.000000   7.578581   1306.763835
A-9    198.734000   5.121000   759.467200   764.588200   0.000000    193.613000
A-10  1000.000000   0.000000     6.612024     6.612024   0.000000   1000.000000
A-11  1000.000000   0.000000     6.612024     6.612024   0.000000   1000.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-13     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-14     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-17     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-18     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-19     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-20     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-21     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-22     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      947.266330   5.934389     6.285386    12.219775   0.000000    941.331941
B      935.897272   0.000000     3.844451     3.844451   0.000000    930.034107

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:53                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S30 (POOL # 4079)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4079 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       25,904.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,533.89

SUBSERVICER ADVANCES THIS MONTH                                       24,496.49
MASTER SERVICER ADVANCES THIS MONTH                                    3,442.71


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,071,425.79

 (B)  TWO MONTHLY PAYMENTS:                                    2     557,958.27

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     451,129.18


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,135,599.80

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     100,047,749.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          380

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 456,602.52

REMAINING SUBCLASS INTEREST SHORTFALL                                 34,222.59

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      670,161.23

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.63030390 %     6.01044100 %   13.35925490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.50055760 %     6.05070168 %   13.44874070 %

CLASS A-23 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1310 %

      BANKRUPTCY AMOUNT AVAILABLE                         289,753.00
      FRAUD AMOUNT AVAILABLE                              557,054.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,918,963.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.56739717
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.60

POOL TRADING FACTOR:                                                31.11929670


 ................................................................................


Run:        07/30/96     13:49:54                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S31 (POOL # 4080)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4080 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920W95    32,264,000.00             0.00     5.800000  %          0.00
A-2   760920X29    47,118,000.00             0.00     6.250000  %          0.00
A-3   760920X45    29,970,000.00     2,369,790.65     7.000000  %    791,092.61
A-4   760920X52    24,469,000.00    24,469,000.00     7.500000  %          0.00
A-5   760920Y36    20,936,000.00    20,936,000.00     7.500000  %          0.00
A-6   760920X86    25,256,000.00             0.00     5.800000  %          0.00
A-7   760920Y44    36,900,000.00       771,822.70     7.500000  %    257,652.82
A-8   760920Y51    15,000,000.00     5,992,432.57     7.500000  %    158,376.90
A-9   760920X60    10,324,000.00             0.00     7.500000  %          0.00
A-10  760920Y28     7,703,000.00             0.00     7.500000  %          0.00
A-11  760920X37        50,000.00           380.29  3123.270000  %        126.95
A-12  760920X78        10,000.00             0.00  1595.300000  %          0.00
A-13  760920X94             0.00             0.00     0.205167  %          0.00
R-I   760920Y69           100.00             0.00     7.500000  %          0.00
R-II  760920Y77           100.00             0.00     7.500000  %          0.00
B                  11,800,992.58     9,901,438.94     7.500000  %     47,606.19

- -------------------------------------------------------------------------------
                  261,801,192.58    64,440,865.15                  1,254,855.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        13,782.15    804,874.76             0.00         0.00   1,578,698.04
A-4       152,470.66    152,470.66             0.00         0.00  24,469,000.00
A-5       130,455.91    130,455.91             0.00         0.00  20,936,000.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7         4,809.36    262,462.18             0.00         0.00     514,169.88
A-8        37,339.90    195,716.80             0.00         0.00   5,834,055.67
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11          986.81      1,113.76             0.00         0.00         253.34
A-12            0.00          0.00             0.00         0.00           0.00
A-13       10,984.42     10,984.42             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          61,697.61    109,303.80             0.00         0.00   9,853,832.75

- -------------------------------------------------------------------------------
          412,526.82  1,667,382.29             0.00         0.00  63,186,009.68
===============================================================================















































Run:        07/30/96     13:49:54
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S31 (POOL # 4080)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4080 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3     79.072094  26.396150     0.459865    26.856015   0.000000     52.675944
A-4   1000.000000   0.000000     6.231177     6.231177   0.000000   1000.000000
A-5   1000.000000   0.000000     6.231176     6.231176   0.000000   1000.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7     20.916604   6.982461     0.130335     7.112796   0.000000     13.934143
A-8    399.495505  10.558460     2.489327    13.047787   0.000000    388.937045
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11     7.605800   2.539000    19.736200    22.275200   0.000000      5.066800
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      839.034418   4.034084     5.228171     9.262255   0.000000    835.000334

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:55                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S31 (POOL # 4080)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4080 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,431.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,188.20

SUBSERVICER ADVANCES THIS MONTH                                       11,954.78
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     196,427.70

 (B)  TWO MONTHLY PAYMENTS:                                    1     167,800.88

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        720,985.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,186,009.68

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          267

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      945,023.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.63484480 %    15.36515520 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.40504030 %    15.59495970 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2042 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              376,308.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,552,948.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.11659018
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              129.21

POOL TRADING FACTOR:                                                24.13511148


                                   PAC I          PAC II      COMPANION
CLASS A-6 PRIN DIST:                   0.00            0.00       N/A
CLASS A-6 ENDING BAL:                  0.00            0.00       N/A
CLASS A-7 PRIN DIST:             257,652.82            0.00           0.00
CLASS A-7 ENDING BAL:            514,169.88            0.00           0.00
CLASS A-8 PRIN DIST:             158,376.90          N/A              0.00
CLASS A-8 ENDING BAL:          5,834,055.67          N/A              0.00


 ................................................................................


Run:        07/30/96     13:49:57                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S32 (POOL # 4081)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4081 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920U71    45,903,000.00             0.00     7.750000  %          0.00
A-2   760920U97    42,619,000.00             0.00     7.750000  %          0.00
A-3   760920V47    46,065,000.00             0.00     6.850000  %          0.00
A-4   760920V21    18,426,000.00             0.00     0.000000  %          0.00
A-5   760920V39             0.00             0.00     0.000000  %          0.00
A-6   760920V88    75,654,000.00             0.00     7.250000  %          0.00
A-7   760920V62    16,812,000.00             0.00     0.000000  %          0.00
A-8   760920V70             0.00             0.00     0.000000  %          0.00
A-9   760920V96    26,123,000.00     1,551,830.36     7.750000  %    776,430.18
A-10  760920W20    65,701,000.00    65,701,000.00     7.750000  %          0.00
A-11  760920U55     2,522,000.00       216,216.80     7.750000  %     59,603.08
A-12  760920U63     2,475,000.00     2,475,000.00     7.750000  %          0.00
A-13  760920U89    10,958,000.00    10,958,000.00     7.750000  %          0.00
A-14  760920W46     6,968,000.00     9,273,783.20     7.750000  %          0.00
A-15  760920V54    23,788,000.00             0.00     7.750000  %          0.00
A-16  760920W53    16,332,000.00    10,019,453.46     7.750000  %     86,269.30
A-17  760920W38             0.00             0.00     0.331645  %          0.00
R-I   760920W79           100.00             0.00     7.750000  %          0.00
R-II  760920W87       856,900.00             0.00     7.750000  %          0.00
M     760920W61     8,605,908.00     8,072,758.78     7.750000  %      7,416.34
B                  20,436,665.48    19,170,582.50     7.750000  %     17,611.76

- -------------------------------------------------------------------------------
                  430,245,573.48   127,438,625.10                    947,330.66
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9         9,973.70    786,403.88             0.00         0.00     775,400.18
A-10      422,263.75    422,263.75             0.00         0.00  65,701,000.00
A-11        1,389.64     60,992.72             0.00         0.00     156,613.72
A-12       15,906.96     15,906.96             0.00         0.00   2,475,000.00
A-13       70,427.64     70,427.64             0.00         0.00  10,958,000.00
A-14            0.00          0.00        59,603.08         0.00   9,333,386.28
A-15            0.00          0.00             0.00         0.00           0.00
A-16       64,395.55    150,664.85             0.00         0.00   9,933,184.16
A-17       35,049.71     35,049.71             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          51,884.04     59,300.38             0.00         0.00   8,065,342.44
B         123,210.31    140,822.07             0.00         0.00  19,152,970.74

- -------------------------------------------------------------------------------
          794,501.30  1,741,831.96        59,603.08         0.00 126,550,897.52
===============================================================================




























Run:        07/30/96     13:49:57
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S32 (POOL # 4081)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4081 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9     59.404753  29.722091     0.381798    30.103889   0.000000     29.682662
A-10  1000.000000   0.000000     6.427052     6.427052   0.000000   1000.000000
A-11    85.732276  23.633259     0.551007    24.184266   0.000000     62.099017
A-12  1000.000000   0.000000     6.427055     6.427055   0.000000   1000.000000
A-13  1000.000000   0.000000     6.427052     6.427052   0.000000   1000.000000
A-14  1330.910333   0.000000     0.000000     0.000000   8.553829   1339.464162
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16   613.486007   5.282225     3.942907     9.225132   0.000000    608.203782
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      938.048464   0.861773     6.028886     6.890659   0.000000    937.186691
B      938.048456   0.861772     6.028886     6.890658   0.000000    937.186683

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:49:59                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S32 (POOL # 4081)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4081 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       38,573.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,272.65

SUBSERVICER ADVANCES THIS MONTH                                       49,922.58
MASTER SERVICER ADVANCES THIS MONTH                                    5,714.75


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,977,173.04

 (B)  TWO MONTHLY PAYMENTS:                                    1     219,952.94

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3   1,261,928.39


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,000,334.14

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     126,550,897.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          463

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 746,881.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      770,651.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.62238290 %     6.33462500 %   15.04299230 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.49220060 %     6.37320051 %   15.13459890 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3298 %

      BANKRUPTCY AMOUNT AVAILABLE                         182,348.00
      FRAUD AMOUNT AVAILABLE                            1,402,344.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,547,265.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.57290751
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.63

POOL TRADING FACTOR:                                                29.41364312


 ................................................................................


Run:        07/30/96     13:50:00                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S33 (POOL # 4082)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4082 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609203M8    18,000,000.00             0.00     7.000000  %          0.00
A-2   7609203L0    20,000,000.00             0.00     6.500000  %          0.00
A-3   7609203T3    70,813,559.00       495,159.35     7.000000  %    323,576.00
A-4   7609203Q9    70,830,509.00       495,277.87     6.350000  %    323,653.45
A-5   7609203R7       355,932.00         2,488.83   726.350000  %      1,626.40
A-6   7609203S5    17,000,000.00       404,162.82     6.823529  %    264,111.75
A-7   7609203W6    11,800,000.00    11,800,000.00     8.000000  %          0.00
A-8   7609204H8    36,700,000.00    23,771,322.83     8.000000  %     46,607.96
A-9   7609204J4    15,000,000.00    15,000,000.00     8.000000  %          0.00
A-10  7609203X4    32,000,000.00    32,000,000.00     8.000000  %          0.00
A-11  7609204F2     1,500,000.00     1,500,000.00     8.000000  %          0.00
A-12  7609204G0     6,000,000.00             0.00     8.000000  %          0.00
A-13  7609203Z9             0.00             0.00     0.170503  %          0.00
R-I   7609204L9           100.00             0.00     8.000000  %          0.00
R-II  7609204M7           100.00             0.00     8.000000  %          0.00
M     7609204K1     7,259,092.00     6,878,411.03     8.000000  %      6,240.77
B                  15,322,642.27    13,437,403.44     8.000000  %     10,982.80

- -------------------------------------------------------------------------------
                  322,581,934.27   105,784,226.17                    976,799.13
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3         2,871.14    326,447.14             0.00         0.00     171,583.35
A-4         2,605.16    326,258.61             0.00         0.00     171,624.42
A-5         1,497.45      3,123.85             0.00         0.00         862.43
A-6         2,284.42    266,396.17             0.00         0.00     140,051.07
A-7        78,195.82     78,195.82             0.00         0.00  11,800,000.00
A-8       157,526.95    204,134.91             0.00         0.00  23,724,714.87
A-9        99,401.46     99,401.46             0.00         0.00  15,000,000.00
A-10      212,056.45    212,056.45             0.00         0.00  32,000,000.00
A-11        9,940.15      9,940.15             0.00         0.00   1,500,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       14,940.49     14,940.49             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          45,581.60     51,822.37             0.00         0.00   6,872,170.26
B          89,046.51    100,029.31             0.00         0.00  13,425,211.71

- -------------------------------------------------------------------------------
          715,947.60  1,692,746.73             0.00         0.00 104,806,218.11
===============================================================================













































Run:        07/30/96     13:50:00
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S33 (POOL # 4082)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4082 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      6.992437   4.569407     0.040545     4.609952   0.000000      2.423030
A-4      6.992437   4.569407     0.036780     4.606187   0.000000      2.423030
A-5      6.992431   4.569412     4.207124     8.776536   0.000000      2.423019
A-6     23.774284  15.535985     0.134378    15.670363   0.000000      8.238298
A-7   1000.000000   0.000000     6.626764     6.626764   0.000000   1000.000000
A-8    647.719968   1.269972     4.292287     5.562259   0.000000    646.449997
A-9   1000.000000   0.000000     6.626764     6.626764   0.000000   1000.000000
A-10  1000.000000   0.000000     6.626764     6.626764   0.000000   1000.000000
A-11  1000.000000   0.000000     6.626767     6.626767   0.000000   1000.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      947.558046   0.859718     6.279243     7.138961   0.000000    946.698328
B      876.963855   0.716769     5.811432     6.528201   0.000000    876.168188

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:02                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S33 (POOL # 4082)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4082 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       27,506.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,057.47

SUBSERVICER ADVANCES THIS MONTH                                       54,564.86
MASTER SERVICER ADVANCES THIS MONTH                                    1,791.69


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,934,193.99

 (B)  TWO MONTHLY PAYMENTS:                                    3     898,615.51

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     645,962.20


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,555,160.73

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     104,806,218.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          401

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 236,103.51

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      882,030.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.79504360 %     6.50230300 %   12.70265330 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.63341820 %     6.55702532 %   12.80955650 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1715 %

      BANKRUPTCY AMOUNT AVAILABLE                         193,065.00
      FRAUD AMOUNT AVAILABLE                            1,171,078.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,553,075.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.61201247
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.74

POOL TRADING FACTOR:                                                32.48979778


 ................................................................................


Run:        07/30/96     13:50:03                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S34 (POOL # 4083)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4083 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609203F3    40,602,000.00             0.00     6.050000  %          0.00
A-2   7609203G1    89,650,000.00             0.00     6.650000  %          0.00
A-3   7609203K2    49,448,000.00             0.00     7.300000  %          0.00
A-4   7609203H9    72,404,250.00             0.00     0.000000  %          0.00
A-5   7609203J5        76,215.00             0.00     0.000000  %          0.00
A-6   7609203N6    44,428,000.00    40,170,285.97     7.500000  %  1,613,513.80
A-7   7609203P1    15,000,000.00    13,562,489.63     7.500000  %    544,762.47
A-8   7609204B1     7,005,400.00     7,237,762.11     7.500000  %     54,476.25
A-9   7609203V8    30,538,000.00    30,538,000.00     7.500000  %          0.00
A-10  7609203U0    40,000,000.00    40,000,000.00     7.500000  %          0.00
A-11  7609204A3    10,847,900.00    14,232,700.16     7.500000  %          0.00
A-12  7609203Y2             0.00             0.00     0.276557  %          0.00
R-I   7609204D7           100.00             0.00     7.500000  %          0.00
R-II  7609204E5           100.00             0.00     7.500000  %          0.00
M     7609204C9    11,765,145.00    11,266,969.65     7.500000  %     31,700.88
B                  16,042,796.83    15,205,361.06     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  427,807,906.83   172,213,568.58                  2,244,453.40
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       249,642.22  1,863,156.02             0.00         0.00  38,556,772.17
A-7        84,285.43    629,047.90             0.00         0.00  13,017,727.16
A-8        35,151.32     89,627.57         9,828.47         0.00   7,193,114.33
A-9       189,781.42    189,781.42             0.00         0.00  30,538,000.00
A-10      248,583.96    248,583.96             0.00         0.00  40,000,000.00
A-11            0.00          0.00        88,450.53         0.00  14,321,150.69
A-12       39,464.25     39,464.25             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          70,019.70    101,720.58             0.00         0.00  11,235,268.77
B               0.00          0.00             0.00   165,299.87  15,134,556.40

- -------------------------------------------------------------------------------
          916,928.30  3,161,381.70        98,279.00   165,299.87 169,996,589.52
===============================================================================















































Run:        07/30/96     13:50:03
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S34 (POOL # 4083)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4083 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    904.165976  36.317498     5.619029    41.936527   0.000000    867.848478
A-7    904.165975  36.317498     5.619029    41.936527   0.000000    867.848477
A-8   1033.169000   7.776323     5.017746    12.794069   1.402985   1026.795662
A-9   1000.000000   0.000000     6.214599     6.214599   0.000000   1000.000000
A-10  1000.000000   0.000000     6.214599     6.214599   0.000000   1000.000000
A-11  1312.023540   0.000000     0.000000     0.000000   8.153701   1320.177241
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      957.656676   2.694474     5.951452     8.645926   0.000000    954.962202
B      947.799889   0.000000     0.000000     0.000000   0.000000    943.386403

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:04                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S34 (POOL # 4083)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4083 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       48,029.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    18,004.65

SUBSERVICER ADVANCES THIS MONTH                                       35,548.11
MASTER SERVICER ADVANCES THIS MONTH                                    5,406.57


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,358,265.04

 (B)  TWO MONTHLY PAYMENTS:                                    3     735,387.76

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     822,288.29


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        931,893.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     169,996,589.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          639

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 700,790.17

REMAINING SUBCLASS INTEREST SHORTFALL                                 94,495.22

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,550,137.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         84.62819690 %     6.54244000 %    8.82936300 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            84.48802690 %     6.60911422 %    8.90285880 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2780 %

      BANKRUPTCY AMOUNT AVAILABLE                         208,302.00
      FRAUD AMOUNT AVAILABLE                            1,838,485.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,263,013.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.24247524
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.26

POOL TRADING FACTOR:                                                39.73666377


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00       54,476.25
CLASS A-8 ENDING BALANCE:                     1,591,341.62    5,601,772.71


 ................................................................................


Run:        07/30/96     13:50:06                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S35 (POOL # 4084)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4084 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609202T4    19,150,000.00             0.00     7.000000  %          0.00
A-2   7609202U1     8,000,000.00             0.00     5.500000  %          0.00
A-3   7609202V9    19,300,000.00             0.00     5.750000  %          0.00
A-4   7609202W7    10,000,000.00     5,775,238.46     6.500000  %    796,640.99
A-5   7609202S6    20,800,000.00    20,800,000.00     6.500000  %          0.00
A-6   7609202X5     3,680,000.00     3,680,000.00     5.956521  %          0.00
A-7   7609202Y3    15,890,000.00     2,800,000.00     6.200000  %          0.00
A-8   7609202Z0     6,810,000.00     1,200,000.00     8.866666  %          0.00
A-9   7609203C0    37,200,000.00    15,000,000.00     7.000000  %          0.00
A-10  7609203A4        20,000.00         6,187.16  2775.250000  %        143.89
A-11  7609203B2             0.00             0.00     0.446041  %          0.00
R-I   7609203D8           100.00             0.00     7.000000  %          0.00
R-II  7609203E6           100.00             0.00     7.000000  %          0.00
B                   5,904,318.99     4,939,043.14     7.000000  %     24,391.43

- -------------------------------------------------------------------------------
                  146,754,518.99    54,200,468.76                    821,176.31
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        30,988.92    827,629.91             0.00         0.00   4,978,597.47
A-5       111,609.17    111,609.17             0.00         0.00  20,800,000.00
A-6        18,095.21     18,095.21             0.00         0.00   3,680,000.00
A-7        14,330.88     14,330.88             0.00         0.00   2,800,000.00
A-8         8,783.45      8,783.45             0.00         0.00   1,200,000.00
A-9        86,678.72     86,678.72             0.00         0.00  15,000,000.00
A-10       14,174.79     14,318.68             0.00         0.00       6,043.27
A-11       19,957.27     19,957.27             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          28,540.66     52,932.09             0.00         0.00   4,914,651.72

- -------------------------------------------------------------------------------
          333,159.07  1,154,335.38             0.00         0.00  53,379,292.46
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4    577.523846  79.664099     3.098892    82.762991   0.000000    497.859747
A-5   1000.000000   0.000000     5.365825     5.365825   0.000000   1000.000000
A-6   1000.000000   0.000000     4.917177     4.917177   0.000000   1000.000000
A-7    176.211454   0.000000     0.901880     0.901880   0.000000    176.211454
A-8    176.211454   0.000000     1.289787     1.289787   0.000000    176.211454
A-9    403.225806   0.000000     2.330073     2.330073   0.000000    403.225807
A-10   309.358000   7.194500   708.739500   715.934000   0.000000    302.163500
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      836.513601   4.131117     4.833861     8.964978   0.000000    832.382486

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:07                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S35 (POOL # 4084)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4084 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,479.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,070.85

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      53,379,292.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          224

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      553,507.80

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          90.88745310 %     9.11254690 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             90.79296200 %     9.20703800 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4480 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              594,056.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,446,888.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.87439809
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              129.49

POOL TRADING FACTOR:                                                36.37318484

                                   PAC I          PAC II      COMPANION
CLASS A-7 PRIN DIST:                   0.00            0.00       N/A
CLASS A-7 ENDING BAL:          2,800,000.00            0.00       N/A
CLASS A-8 PRIN DIST:                   0.00            0.00       N/A
CLASS A-8 ENDING BAL:          1,200,000.00            0.00       N/A
CLASS A-9 PRIN DIST:                   0.00            0.00           0.00
CLASS A-9 ENDING BAL:         15,000,000.00            0.00           0.00


 ................................................................................


Run:        07/30/96     13:50:08                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S36 (POOL # 4085)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4085 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609204N5    41,250,800.00             0.00     4.850000  %          0.00
A-2   7609204Q8    54,773,000.00    30,932,681.87     5.700000  %  1,359,434.18
A-3   7609204R6    19,990,000.00    14,907,942.16     6.400000  %    289,791.57
A-4   7609204V7    38,524,000.00    38,524,000.00     6.750000  %          0.00
A-5   7609204Z8    17,825,000.00    17,825,000.00     7.000000  %          0.00
A-6   7609205A2     5,911,000.00     5,911,000.00     7.000000  %          0.00
A-7   7609205B0    35,308,700.00             0.00     0.000000  %          0.00
A-8   7609205C8    15,132,300.00             0.00     0.000000  %          0.00
A-9   7609205D6    11,000,000.00             0.00     7.000000  %          0.00
A-10  7609204W5    10,311,000.00             0.00     7.000000  %          0.00
A-11  7609204X3             0.00             0.00     7.000000  %          0.00
A-12  7609204Y1             0.00             0.00     0.345299  %          0.00
R-I   7609205E4           100.00             0.00     7.000000  %          0.00
R-II  7609205F1           100.00             0.00     7.000000  %          0.00
B                  10,418,078.54     8,646,189.40     7.000000  %     42,440.18

- -------------------------------------------------------------------------------
                  260,444,078.54   116,746,813.43                  1,691,665.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2       145,851.23  1,505,285.41             0.00         0.00  29,573,247.69
A-3        78,925.13    368,716.70             0.00         0.00  14,618,150.59
A-4       215,106.14    215,106.14             0.00         0.00  38,524,000.00
A-5       103,215.58    103,215.58             0.00         0.00  17,825,000.00
A-6        34,227.61     34,227.61             0.00         0.00   5,911,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11       48,630.44     48,630.44             0.00         0.00           0.00
A-12       33,347.11     33,347.11             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          50,065.72     92,505.90             0.00         0.00   8,603,749.22

- -------------------------------------------------------------------------------
          709,368.96  2,401,034.89             0.00         0.00 115,055,147.50
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    564.743247  24.819422     2.662831    27.482253   0.000000    539.923825
A-3    745.769993  14.496827     3.948231    18.445058   0.000000    731.273166
A-4   1000.000000   0.000000     5.583692     5.583692   0.000000   1000.000000
A-5   1000.000000   0.000000     5.790495     5.790495   0.000000   1000.000000
A-6   1000.000000   0.000000     5.790494     5.790494   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      829.921695   4.073706     4.805657     8.879363   0.000000    825.847990

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:10                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S36 (POOL # 4085)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4085 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       27,845.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,378.32

SUBSERVICER ADVANCES THIS MONTH                                       16,464.94
MASTER SERVICER ADVANCES THIS MONTH                                    2,613.76


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     570,105.14

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     213,778.93


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        752,240.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     115,055,147.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          482

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 239,185.46

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,118,609.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.59406820 %     7.40593180 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.52206490 %     7.47793510 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3448 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                            1,295,621.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,852,981.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.75877312
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              130.21

POOL TRADING FACTOR:                                                44.17652655


 ................................................................................


Run:        07/30/96     13:50:11                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S37 (POOL # 4086)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4086 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609206K9    71,071,000.00             0.00     6.250000  %          0.00
A-2   7609206L7    59,799,000.00             0.00     6.750000  %          0.00
A-3   7609206M5    10,000,000.00             0.00     6.750000  %          0.00
A-4   7609206N3    34,297,000.00             0.00     6.750000  %          0.00
A-5   7609206J2       193,000.00             0.00  1008.609700  %          0.00
A-6   7609206R4    16,418,000.00             0.00     7.650000  %          0.00
A-7   7609206S2    48,219,000.00             0.00     7.650000  %          0.00
A-8   7609206T0    26,191,000.00    19,158,036.28     7.650000  %  2,030,299.17
A-9   7609206U7    51,291,000.00    51,291,000.00     7.650000  %          0.00
A-10  7609206P8    21,624,652.00    21,624,652.00     7.650000  %          0.00
A-11  7609206Q6    10,902,000.00    10,128,354.96     7.650000  %    223,338.40
A-12  7609206G8             0.00             0.00     0.350000  %          0.00
A-13  7609206H6             0.00             0.00     0.104584  %          0.00
R-I   7609206V5           100.00             0.00     8.000000  %          0.00
R-II  7609206W3           100.00             0.00     8.000000  %          0.00
M     7609206X1     9,408,759.00     8,906,460.92     8.000000  %     38,532.70
B                  16,935,768.50    16,031,631.91     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  376,350,379.50   127,140,136.07                  2,292,170.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8       121,252.49  2,151,551.66             0.00         0.00  17,127,737.11
A-9       324,624.17    324,624.17             0.00         0.00  51,291,000.00
A-10      136,863.87    136,863.87             0.00         0.00  21,624,652.00
A-11       64,103.03    287,441.43             0.00         0.00   9,905,016.56
A-12       29,594.15     29,594.15             0.00         0.00           0.00
A-13       11,000.86     11,000.86             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          58,948.59     97,481.29             0.00         0.00   8,867,928.22
B          72,779.16     72,779.16             0.00   102,687.15  15,962,273.05

- -------------------------------------------------------------------------------
          819,166.32  3,111,336.59             0.00   102,687.15 124,778,606.94
===============================================================================













































Run:        07/30/96     13:50:11
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S37 (POOL # 4086)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4086 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    731.474028  77.518963     4.629548    82.148511   0.000000    653.955065
A-9   1000.000000   0.000000     6.329067     6.329067   0.000000   1000.000000
A-10  1000.000000   0.000000     6.329067     6.329067   0.000000   1000.000000
A-11   929.036412  20.486003     5.879933    26.365936   0.000000    908.550409
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      946.613780   4.095407     6.265289    10.360696   0.000000    942.518373
B      946.613784   0.000000     4.297364     4.297364   0.000000    942.518378

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:12                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S37 (POOL # 4086)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4086 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       31,441.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,119.56

SUBSERVICER ADVANCES THIS MONTH                                       28,251.23
MASTER SERVICER ADVANCES THIS MONTH                                    7,542.51


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,299,468.15

 (B)  TWO MONTHLY PAYMENTS:                                    3     655,489.72

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,734,191.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     124,778,606.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          446

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 992,938.35

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,811,473.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.38534990 %     7.00523200 %   12.60941860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.10059430 %     7.10692998 %   12.79247580 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1058 %

      BANKRUPTCY AMOUNT AVAILABLE                         157,910.00
      FRAUD AMOUNT AVAILABLE                            1,394,623.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,126,844.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.53390069
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              308.46

POOL TRADING FACTOR:                                                33.15490398


 ................................................................................


Run:        07/30/96     13:50:14                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S38 (POOL # 4087)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4087 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609205T1    69,726,000.00             0.00     7.500000  %          0.00
A-2   7609205U8    30,455,000.00             0.00     7.500000  %          0.00
A-3   7609205V6    69,537,000.00             0.00     7.500000  %          0.00
A-4   7609205W4    18,970,000.00             0.00     7.500000  %          0.00
A-5   7609205X2    70,018,000.00    29,305,166.49     7.500000  %  1,646,844.41
A-6   7609205Y0    46,182,000.00    46,182,000.00     7.500000  %          0.00
A-7   7609205Z7    76,357,000.00    76,357,000.00     7.500000  %          0.00
A-8   7609206A1     9,513,000.00     9,825,843.03     7.500000  %          0.00
A-9   7609206B9     9,248,000.00    12,062,370.12     7.500000  %          0.00
A-10  7609205S3             0.00             0.00     0.199239  %          0.00
R     7609206D5           100.00             0.00     7.500000  %          0.00
M     7609206C7     9,625,924.00     9,248,391.65     7.500000  %     14,151.03
B                  18,182,304.74    17,469,187.90     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  427,814,328.74   200,449,959.19                  1,660,995.44
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       182,631.90  1,829,476.31             0.00         0.00  27,658,322.08
A-6       287,809.53    287,809.53             0.00         0.00  46,182,000.00
A-7       475,862.29    475,862.29             0.00         0.00  76,357,000.00
A-8        52,879.13     52,879.13         8,356.23         0.00   9,834,199.26
A-9             0.00          0.00        75,173.55         0.00  12,137,543.67
A-10       33,185.70     33,185.70             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          57,636.64     71,787.67             0.00         0.00   9,234,240.62
B          99,965.82     99,965.82             0.00    35,633.14  17,442,458.18

- -------------------------------------------------------------------------------
        1,189,971.01  2,850,966.45        83,529.78    35,633.14 198,845,763.81
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    418.537612  23.520301     2.608356    26.128657   0.000000    395.017311
A-6   1000.000000   0.000000     6.232072     6.232072   0.000000   1000.000000
A-7   1000.000000   0.000000     6.232072     6.232072   0.000000   1000.000000
A-8   1032.885844   0.000000     5.558618     5.558618   0.878401   1033.764245
A-9   1304.322029   0.000000     0.000000     0.000000   8.128628   1312.450656
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      960.779625   1.470096     5.987648     7.457744   0.000000    959.309529
B      960.779623   0.000000     5.497973     5.497973   0.000000    959.309528

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:15                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S38 (POOL # 4087)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4087 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       56,199.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,057.95

SUBSERVICER ADVANCES THIS MONTH                                       36,166.86
MASTER SERVICER ADVANCES THIS MONTH                                    1,989.38


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   2,888,944.52

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     232,365.09


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,809,949.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     198,845,763.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          745

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 278,574.37

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,297,485.55

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.67119730 %     4.61381600 %    8.71498700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.58422570 %     4.64392122 %    8.77185300 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1994 %

      BANKRUPTCY AMOUNT AVAILABLE                         202,769.00
      FRAUD AMOUNT AVAILABLE                            1,061,342.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,131,747.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.16276990
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.23

POOL TRADING FACTOR:                                                46.47945392


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00            0.00
CLASS A-8 ENDING BALANCE:                     1,349,199.26    8,485,000.00


 ................................................................................


Run:        07/30/96     13:50:16                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S39 (POOL # 4088)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4088 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609205G9     8,800,000.00             0.00     7.500000  %          0.00
A-2   7609204P0    15,008,000.00             0.00     5.350000  %          0.00
A-3   7609204S4    32,074,000.00             0.00     6.400000  %          0.00
A-4   7609204T2    27,018,800.00             0.00     0.000000  %          0.00
A-5   7609204U9             0.00             0.00     0.000000  %          0.00
A-6   7609205L8    13,180,000.00             0.00     7.500000  %          0.00
A-7   7609205M6    29,879,000.00    25,017,552.55     7.500000  %    924,409.11
A-8   7609205N4    19,565,000.00    19,565,000.00     7.500000  %          0.00
A-9   7609205P9     8,765,000.00             0.00     7.500000  %          0.00
A-10  7609205H7    16,710,000.00             0.00     7.500000  %          0.00
A-11  7609205J3     4,072,000.00             0.00     7.500000  %          0.00
A-12  7609205K0             0.00             0.00     0.156408  %          0.00
R-I   7609205Q7           100.00             0.00     7.500000  %          0.00
R-II  7609205R5           100.00             0.00     7.500000  %          0.00
B                   8,730,829.51     7,259,675.90     7.500000  %     34,368.43

- -------------------------------------------------------------------------------
                  183,802,829.51    51,842,228.45                    958,777.54
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7       154,536.38  1,078,945.49             0.00         0.00  24,093,143.44
A-8       120,855.32    120,855.32             0.00         0.00  19,565,000.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12        6,678.33      6,678.33             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          44,843.89     79,212.32             0.00         0.00   7,225,307.47

- -------------------------------------------------------------------------------
          326,913.92  1,285,691.46             0.00         0.00  50,883,450.91
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7    837.295510  30.938422     5.172073    36.110495   0.000000    806.357088
A-8   1000.000000   0.000000     6.177118     6.177118   0.000000   1000.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      831.498988   3.936447     5.136267     9.072714   0.000000    827.562543

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:17                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S39 (POOL # 4088)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4088 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,447.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,428.24

SUBSERVICER ADVANCES THIS MONTH                                        9,892.83
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     916,057.79

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      50,883,450.91

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          207

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      713,348.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          85.99659750 %    14.00340250 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             85.80028020 %    14.19971980 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1556 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              583,269.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,771,361.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.14250342
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              130.86

POOL TRADING FACTOR:                                                27.68371469


 ................................................................................


Run:        07/30/96     13:50:18                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S40 (POOL # 4089)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4089 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     7609206E3   176,034,900.00    47,800,423.86     7.918831  %  1,110,779.75
R     7609206F0           100.00             0.00     7.918831  %          0.00
B                  11,237,146.51     9,068,441.37     7.918831  %      7,868.39

- -------------------------------------------------------------------------------
                  187,272,146.51    56,868,865.23                  1,118,648.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         311,819.07  1,422,598.82             0.00         0.00  46,689,644.11
R               0.00          0.00             0.00         0.00           0.00
B          59,156.65     67,025.04             0.00         0.00   9,060,572.98

- -------------------------------------------------------------------------------
          370,975.72  1,489,623.86             0.00         0.00  55,750,217.09
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      271.539472   6.309997     1.771348     8.081345   0.000000    265.229475
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      807.005708   0.700212     5.264384     5.964596   0.000000    806.305495

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:19                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S40 (POOL # 4089)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4089 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,464.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,768.74

SUBSERVICER ADVANCES THIS MONTH                                       19,138.83
MASTER SERVICER ADVANCES THIS MONTH                                   10,225.81


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     776,849.10

 (B)  TWO MONTHLY PAYMENTS:                                    1     575,029.16

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,230,569.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      55,750,217.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          185

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,363,347.15

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,069,304.87

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.05376770 %    15.94623230 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             83.74791440 %    16.25208560 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              711,561.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,930,389.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.38728881
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.44

POOL TRADING FACTOR:                                                29.76962572



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


 ................................................................................


Run:        07/30/96     13:50:20                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S41 (POOL # 4090)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4090 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609207T9    10,965,657.00             0.00     5.000000  %          0.00
A-2   7609207Z5       245,000.00             0.00     7.000000  %          0.00
A-3   7609207U6     5,418,291.00             0.00     6.000000  %          0.00
A-4   7609207V4    16,878,481.00             0.00     6.000000  %          0.00
A-5   7609207R3    14,917,608.00             0.00     0.000000  %          0.00
A-6   7609207S1        74,963.00             0.00     0.000000  %          0.00
A-7   7609208A9     6,200,000.00     5,803,235.55     7.000000  %  1,004,000.97
A-8   7609208B7    14,000,000.00    14,000,000.00     7.000000  %          0.00
A-9   7609208C5    14,100,000.00    14,100,000.00     7.000000  %          0.00
A-10  7609207W2     9,700,000.00     9,700,000.00     7.000000  %          0.00
A-11  7609207X0    16,100,000.00    16,100,000.00     7.000000  %          0.00
A-12  7609207Y8    19,580,800.00             0.00     7.000000  %          0.00
A-13  7609207L6     5,010,527.00             0.00     0.000000  %          0.00
A-14  7609207M4     1,789,473.00             0.00     0.000000  %          0.00
A-15  7609207N2    11,568,421.00             0.00     0.000000  %          0.00
A-16  7609207P7     4,131,579.00             0.00     0.000000  %          0.00
A-17  7609207Q5             0.00             0.00     0.403786  %          0.00
R-I   7609208D3           100.00             0.00     7.000000  %          0.00
R-II  7609208E1           100.00             0.00     7.000000  %          0.00
B                   6,278,931.35     5,317,354.61     7.000000  %     26,036.06

- -------------------------------------------------------------------------------
                  156,959,931.35    65,020,590.16                  1,030,037.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7        33,718.50  1,037,719.47             0.00         0.00   4,799,234.58
A-8        81,344.11     81,344.11             0.00         0.00  14,000,000.00
A-9        81,925.13     81,925.13             0.00         0.00  14,100,000.00
A-10       56,359.84     56,359.84             0.00         0.00   9,700,000.00
A-11       93,545.72     93,545.72             0.00         0.00  16,100,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14            0.00          0.00             0.00         0.00           0.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16            0.00          0.00             0.00         0.00           0.00
A-17       21,792.24     21,792.24             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          30,895.40     56,931.46             0.00         0.00   5,291,318.55

- -------------------------------------------------------------------------------
          399,580.94  1,429,617.97             0.00         0.00  63,990,553.13
===============================================================================


































Run:        07/30/96     13:50:20
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S41 (POOL # 4090)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4090 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7    936.005734 161.935640     5.438468   167.374108   0.000000    774.070094
A-8   1000.000000   0.000000     5.810294     5.810294   0.000000   1000.000000
A-9   1000.000000   0.000000     5.810293     5.810293   0.000000   1000.000000
A-10  1000.000000   0.000000     5.810293     5.810293   0.000000   1000.000000
A-11  1000.000000   0.000000     5.810293     5.810293   0.000000   1000.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-13     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-14     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      846.856625   4.146577     4.920485     9.067062   0.000000    842.710050

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:22                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S41 (POOL # 4090)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4090 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,411.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,059.46

SUBSERVICER ADVANCES THIS MONTH                                       12,253.64
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     482,172.05

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        668,903.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,990,553.13

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          280

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      711,668.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          91.82204500 %     8.17795500 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             91.73109420 %     8.26890580 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                0.401970 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              600,857.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,405,623.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.85011089
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              130.39

POOL TRADING FACTOR:                                                40.76871886


LIBOR INDEX:                                                              0.0000
1 YEAR TREASURY INDEX:                                                    0.0000
5 YEAR TREASURY INDEX:                                                    0.0000
                                                    PAC             COMPANION
CLASS A-12 PRINCIPAL DISTRIBUTION:                      0.00                0.00
CLASS A-12 ENDING BALANCE:                              0.00                0.00


 ................................................................................


Run:        07/30/96     13:50:23                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S42 (POOL # 4091)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4091 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944AA6   120,073,000.00    40,546,287.35     7.863669  %    592,535.22
M     760944AB4     5,352,000.00     4,989,366.33     7.863669  %      4,335.95
R     760944AC2           100.00             0.00     7.863669  %          0.00
B                   8,362,385.57     7,268,777.46     7.863669  %          0.00

- -------------------------------------------------------------------------------
                  133,787,485.57    52,804,431.14                    596,871.17
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         263,537.27    856,072.49             0.00         0.00  39,953,752.13
M          47,694.97     52,030.92             0.00         0.00   4,985,030.38
R               0.00          0.00             0.00         0.00           0.00
B          37,995.14     37,995.14             0.00       300.55   7,262,460.62

- -------------------------------------------------------------------------------
          349,227.38    946,098.55             0.00       300.55  52,201,243.13
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      337.680306   4.934792     2.194809     7.129601   0.000000    332.745514
M      932.243335   0.810155     8.911616     9.721771   0.000000    931.433180
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      869.222951   0.000000     4.543577     4.543577   0.000000    868.467563

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:24                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S42 (POOL # 4091)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4091 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,046.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,584.42

SUBSERVICER ADVANCES THIS MONTH                                       10,211.13
MASTER SERVICER ADVANCES THIS MONTH                                    1,537.39


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     199,343.14

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     678,172.20


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        509,340.08

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      52,201,243.13

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          183

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 206,803.96

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      557,298.95

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         76.78576680 %     9.44876400 %   13.76546870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            76.53793230 %     9.54963921 %   13.91242850 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              702,812.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,924,177.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.38120374
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.72

POOL TRADING FACTOR:                                                39.01803140



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


 ................................................................................


Run:        07/30/96     13:50:25                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S43 (POOL # 4092)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4092 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944BG2    75,000,000.00             0.00     8.250000  %          0.00
A-2   760944AV0    93,000,000.00             0.00     7.798000  %          0.00
A-3   760944AF5    22,500,000.00     3,437,223.21     7.000000  %    423,188.60
A-4   760944AZ1    11,666,667.00       229,000.93     8.000000  %    229,000.93
A-5   760944BA5     5,000,000.00     5,000,000.00     8.000000  %     24,912.23
A-6   760944BH0    45,000,000.00     6,874,446.44     8.500000  %    846,377.19
A-7   760944BB3    15,000,000.00    15,000,000.00     8.000000  %          0.00
A-8   760944BC1     4,612,500.00     4,612,500.00     8.000000  %          0.00
A-9   760944BD9    38,895,833.00    38,895,833.00     8.000000  %          0.00
A-10  760944AW8    23,100,000.00    23,100,000.00     8.000000  %          0.00
A-11  760944AX6    15,000,000.00    15,000,000.00     8.000000  %          0.00
A-12  760944AY4     1,225,000.00     1,225,000.00     8.000000  %          0.00
A-13  760944AD0             0.00             0.00     0.155695  %          0.00
R     760944BF4           100.00             0.00     8.000000  %          0.00
M     760944BE7     9,408,500.00     8,916,353.07     8.000000  %     21,874.17
B                  16,938,486.28    15,963,089.39     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  376,347,086.28   138,253,446.04                  1,545,353.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        19,968.69    443,157.29             0.00         0.00   3,014,034.61
A-4         1,520.44    230,521.37             0.00         0.00           0.00
A-5        33,197.37     58,109.60             0.00         0.00   4,975,087.77
A-6        48,495.39    894,872.58             0.00         0.00   6,028,069.25
A-7        99,592.13     99,592.13             0.00         0.00  15,000,000.00
A-8        30,624.58     30,624.58             0.00         0.00   4,612,500.00
A-9       258,247.91    258,247.91             0.00         0.00  38,895,833.00
A-10      154,000.00    154,000.00             0.00         0.00  23,100,000.00
A-11       99,592.13     99,592.13             0.00         0.00  15,000,000.00
A-12        8,133.36      8,133.36             0.00         0.00   1,225,000.00
A-13       17,864.61     17,864.61             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          59,199.90     81,074.07             0.00         0.00   8,894,478.90
B          93,822.62     93,822.62             0.00         0.00  15,923,927.72

- -------------------------------------------------------------------------------
          924,259.13  2,469,612.25             0.00         0.00 136,668,931.25
===============================================================================










































Run:        07/30/96     13:50:25
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S43 (POOL # 4092)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4092 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    152.765476  18.808382     0.887497    19.695879   0.000000    133.957094
A-4     19.628651  19.628651     0.130323    19.758974   0.000000      0.000000
A-5   1000.000000   4.982446     6.639474    11.621920   0.000000    995.017554
A-6    152.765476  18.808382     1.077675    19.886057   0.000000    133.957094
A-7   1000.000000   0.000000     6.639475     6.639475   0.000000   1000.000000
A-8   1000.000000   0.000000     6.639475     6.639475   0.000000   1000.000000
A-9   1000.000000   0.000000     6.639475     6.639475   0.000000   1000.000000
A-10  1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-11  1000.000000   0.000000     6.639475     6.639475   0.000000   1000.000000
A-12  1000.000000   0.000000     6.639478     6.639478   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      947.691244   2.324937     6.292172     8.617109   0.000000    945.366307
B      942.415345   0.000000     5.539021     5.539021   0.000000    940.103351

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:26                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S43 (POOL # 4092)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4092 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       33,715.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,504.30

SUBSERVICER ADVANCES THIS MONTH                                       32,675.15
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,408,806.32

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,030,561.47

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     372,837.97


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,443,179.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     136,668,931.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          480

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,245,342.55

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         82.00446850 %     6.44928100 %   11.54625060 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            81.84049120 %     6.50804745 %   11.65146140 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1573 %

      BANKRUPTCY AMOUNT AVAILABLE                         228,933.00
      FRAUD AMOUNT AVAILABLE                            1,468,268.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,953,945.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.57631845
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.66

POOL TRADING FACTOR:                                                36.31459794


AMOUNT PAID FROM SPECIAL RESERVE ACCT FOR A-10 SHORTFALL                  628.13
AMOUNT PAID TO CLASS R FROM EARNINGS ON RESERVE ACCOUNT                     0.00
AMOUNT ON DEPOSIT IN SPECIAL RESERVE ACCOUNT                           68,666.90


 ................................................................................


Run:        07/30/96     13:50:28                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S44 (POOL # 4093)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4093 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944AG3    12,632,000.00             0.00     7.500000  %          0.00
A-2   760944AK4    11,157,000.00             0.00     7.500000  %          0.00
A-3   760944AL2    19,746,000.00             0.00     7.500000  %          0.00
A-4   760944AM0     7,739,000.00             0.00     7.500000  %          0.00
A-5   760944AN8    14,909,000.00     8,113,117.37     7.500000  %    310,095.03
A-6   760944AP3     4,188,000.00     4,188,000.00     7.500000  %          0.00
A-7   760944AQ1    11,026,000.00    11,026,000.00     7.500000  %          0.00
A-8   760944AR9    19,073,000.00    19,073,000.00     7.500000  %          0.00
A-9   760944AS7    12,029,900.00    12,029,900.00     7.500000  %          0.00
A-10  760944AH1     8,325,000.00     1,872,779.71     7.500000  %     34,455.00
A-11  760944AJ7     4,175,000.00     4,175,000.00     7.500000  %          0.00
A-12  760944AE8             0.00             0.00     0.149714  %          0.00
R     760944AU2           100.00             0.00     7.500000  %          0.00
M     760944AT5     3,008,033.00     2,907,592.78     7.500000  %      2,865.08
B                   5,682,302.33     5,492,566.51     7.500000  %      5,412.25

- -------------------------------------------------------------------------------
                  133,690,335.33    68,877,956.37                    352,827.36
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        50,667.20    360,762.23             0.00         0.00   7,803,022.34
A-6        26,154.47     26,154.47             0.00         0.00   4,188,000.00
A-7        68,858.44     68,858.44             0.00         0.00  11,026,000.00
A-8       119,112.74    119,112.74             0.00         0.00  19,073,000.00
A-9        75,127.90     75,127.90             0.00         0.00  12,029,900.00
A-10       11,695.69     46,150.69             0.00         0.00   1,838,324.71
A-11       26,073.28     26,073.28             0.00         0.00   4,175,000.00
A-12        8,586.56      8,586.56             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          18,158.19     21,023.27             0.00         0.00   2,904,727.70
B          34,301.62     39,713.87             0.00         0.00   5,487,154.26

- -------------------------------------------------------------------------------
          438,736.09    791,563.45             0.00         0.00  68,525,129.01
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    544.175825  20.799184     3.398430    24.197614   0.000000    523.376641
A-6   1000.000000   0.000000     6.245098     6.245098   0.000000   1000.000000
A-7   1000.000000   0.000000     6.245097     6.245097   0.000000   1000.000000
A-8   1000.000000   0.000000     6.245097     6.245097   0.000000   1000.000000
A-9   1000.000000   0.000000     6.245098     6.245098   0.000000   1000.000000
A-10   224.958524   4.138739     1.404888     5.543627   0.000000    220.819785
A-11  1000.000000   0.000000     6.245097     6.245097   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      966.609336   0.952476     6.036566     6.989042   0.000000    965.656860
B      966.609341   0.952477     6.036569     6.989046   0.000000    965.656866

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:29                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S44 (POOL # 4093)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4093 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,898.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,231.10

SUBSERVICER ADVANCES THIS MONTH                                        2,195.15
MASTER SERVICER ADVANCES THIS MONTH                                    2,136.88


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     295,663.14

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      68,525,129.01

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          254

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 289,714.80

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      284,956.56

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.80428500 %     4.22136900 %    7.97434590 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.75357000 %     4.23892336 %    8.00750660 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1493 %

      BANKRUPTCY AMOUNT AVAILABLE                         137,505.00
      FRAUD AMOUNT AVAILABLE                              355,941.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,945,200.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.10516322
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.44

POOL TRADING FACTOR:                                                51.25660643


 ................................................................................


Run:        07/30/96     13:50:30                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S1 (POOL # 4094)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4094 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944CA4   150,223,843.00    44,732,359.63     7.869558  %  1,091,225.59
R     760944CB2           100.00             0.00     7.869558  %          0.00
B                   3,851,896.47     3,322,740.09     7.869558  %     15,329.97

- -------------------------------------------------------------------------------
                  154,075,839.47    48,055,099.72                  1,106,555.56
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         289,999.25  1,381,224.84             0.00         0.00  43,641,134.04
R               0.00          0.00             0.00         0.00           0.00
B          21,541.27     36,871.24             0.00         0.00   3,307,410.12

- -------------------------------------------------------------------------------
          311,540.52  1,418,096.08             0.00         0.00  46,948,544.16
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      297.771371   7.263997     1.930448     9.194445   0.000000    290.507373
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      862.624454   3.979850     5.592380     9.572230   0.000000    858.644604

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:31                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S1 (POOL # 4094)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4094 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,195.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,057.36

SUBSERVICER ADVANCES THIS MONTH                                       10,818.79
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     458,050.86

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        550,465.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      46,948,544.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          233

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      884,845.94

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          93.08556200 %     6.91443800 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.95524460 %     7.04475540 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              289,790.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,663,313.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.25044350
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              132.69

POOL TRADING FACTOR:                                                30.47106173


 ................................................................................


Run:        07/30/96     13:50:32                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S2 (POOL # 4095)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4095 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944CC0    51,176,000.00             0.00     8.000000  %          0.00
A-2   760944CD8   101,367,845.00             0.00     8.000000  %          0.00
A-3   760944CE6    44,286,923.00     8,059,502.46     8.000000  %  1,514,581.60
A-4   760944CF3    31,377,195.00    31,377,195.00     8.000000  %          0.00
A-5   760944CG1    41,173,880.00    41,173,880.00     8.000000  %          0.00
A-6   760944CH9     5,637,293.00             0.00     8.000000  %          0.00
A-7   760944BL1    20,001,399.00             0.00     0.000000  %          0.00
A-8   760944BM9     5,000,350.00             0.00     0.000000  %          0.00
A-9   760944BN7             0.00             0.00     0.241909  %          0.00
R     760944CM8           100.00             0.00     8.000000  %          0.00
M-1   760944CJ5     6,417,561.00     6,130,028.83     8.000000  %      5,674.65
M-2   760944CK2     4,813,170.00     4,648,877.72     8.000000  %      4,303.53
M-3   760944CL0     3,208,780.00     3,119,379.35     8.000000  %      2,887.65
B-1                 4,813,170.00     4,760,192.39     8.000000  %          0.00
B-2                 1,604,363.09     1,083,341.13     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  320,878,029.09   100,352,396.88                  1,527,447.43
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        53,440.60  1,568,022.20             0.00         0.00   6,544,920.86
A-4       208,054.53    208,054.53             0.00         0.00  31,377,195.00
A-5       273,013.96    273,013.96             0.00         0.00  41,173,880.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9        20,121.13     20,121.13             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        40,646.73     46,321.38             0.00         0.00   6,124,354.18
M-2        30,825.58     35,129.11             0.00         0.00   4,644,574.19
M-3        24,770.27     27,657.92             0.00         0.00   3,116,491.70
B-1        40,070.06     40,070.06             0.00         0.00   4,760,192.39
B-2             0.00          0.00             0.00         0.00   1,077,931.68

- -------------------------------------------------------------------------------
          690,942.86  2,218,390.29             0.00         0.00  98,819,540.00
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    181.983798  34.199296     1.206690    35.405986   0.000000    147.784502
A-4   1000.000000   0.000000     6.630756     6.630756   0.000000   1000.000000
A-5   1000.000000   0.000000     6.630756     6.630756   0.000000   1000.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    955.196036   0.884238     6.333673     7.217911   0.000000    954.311799
M-2    965.866097   0.894116     6.404424     7.298540   0.000000    964.971981
M-3    972.138741   0.899921     7.719529     8.619450   0.000000    971.238820
B-1    988.993198   0.000000     8.325087     8.325087   0.000000    988.993198
B-2    675.246855   0.000000     0.000000     0.000000   0.000000    671.875143

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S2 (POOL # 4095)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4095 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       27,173.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,557.87

SUBSERVICER ADVANCES THIS MONTH                                       35,013.29
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,625,618.67

 (B)  TWO MONTHLY PAYMENTS:                                    1     156,242.96

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     558,056.98


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      2,150,207.08

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      98,819,540.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          401

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,439,959.25

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.32750580 %    13.84948100 %    5.82301340 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.04084600 %    14.05128993 %    5.90786400 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2395 %

      BANKRUPTCY AMOUNT AVAILABLE                         152,909.00
      FRAUD AMOUNT AVAILABLE                            1,146,127.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,116,030.71 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.69152090
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.84

POOL TRADING FACTOR:                                                30.79660526


 ................................................................................


Run:        07/30/96     13:50:35                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S3 (POOL # 4096)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4096 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944BS6     4,010,000.00             0.00     7.500000  %          0.00
A-2   760944BT4    28,700,000.00             0.00     7.500000  %          0.00
A-3   760944BU1    10,700,000.00     7,010,680.53     7.500000  %    316,749.82
A-4   760944BV9    37,600,000.00    20,200,272.96     7.500000  %    257,544.25
A-5   760944BW7    10,000,000.00    10,000,000.00     7.500000  %          0.00
A-6   760944BX5     9,000,000.00     9,000,000.00     7.500000  %          0.00
A-7   760944BP2             0.00             0.00     0.195941  %          0.00
R     760944BZ0           100.00             0.00     7.500000  %          0.00
M     760944BY3     2,674,000.00     2,589,606.66     7.500000  %      2,467.39
B-1                 3,744,527.00     3,626,347.05     7.500000  %      3,455.21
B-2                   534,817.23       517,938.03     7.500000  %        493.50

- -------------------------------------------------------------------------------
                  106,963,444.23    52,944,845.23                    580,710.17
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        43,693.21    360,443.03             0.00         0.00   6,693,930.71
A-4       125,895.74    383,439.99             0.00         0.00  19,942,728.71
A-5        62,323.78     62,323.78             0.00         0.00  10,000,000.00
A-6        56,091.40     56,091.40             0.00         0.00   9,000,000.00
A-7         8,620.65      8,620.65             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          16,139.41     18,606.80             0.00         0.00   2,587,139.27
B-1        22,600.77     26,055.98             0.00         0.00   3,622,891.84
B-2         3,227.98      3,721.48             0.00         0.00     517,444.53

- -------------------------------------------------------------------------------
          338,592.94    919,303.11             0.00         0.00  52,364,135.06
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    655.203788  29.602787     4.083478    33.686265   0.000000    625.601001
A-4    537.241302   6.849581     3.348291    10.197872   0.000000    530.391721
A-5   1000.000000   0.000000     6.232378     6.232378   0.000000   1000.000000
A-6   1000.000000   0.000000     6.232378     6.232378   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      968.439289   0.922734     6.035681     6.958415   0.000000    967.516556
B-1    968.439285   0.922735     6.035681     6.958416   0.000000    967.516550
B-2    968.439312   0.922735     6.035669     6.958404   0.000000    967.516560

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:36                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S3 (POOL # 4096)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4096 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,062.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,578.02

SUBSERVICER ADVANCES THIS MONTH                                        9,679.64
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     369,911.34

 (B)  TWO MONTHLY PAYMENTS:                                    1     362,451.87

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        533,763.09

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      52,364,135.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          198

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      530,263.98

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.28130810 %     4.89114000 %    7.82755160 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.15251260 %     4.94067030 %    7.90681710 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1906 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              589,779.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,789,829.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.15925097
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.11

POOL TRADING FACTOR:                                                48.95516916


 ................................................................................


Run:        07/30/96     13:50:37                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S4 (POOL # 4097)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4097 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944BQ0   113,935,314.00    41,958,280.02     7.853331  %    591,796.69
R     760944BR8           100.00             0.00     7.853331  %          0.00
B                   7,272,473.94     5,842,730.89     7.853331  %     82,408.26

- -------------------------------------------------------------------------------
                  121,207,887.94    47,801,010.91                    674,204.95
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         273,337.45    865,134.14             0.00         0.00  41,366,483.33
R               0.00          0.00             0.00         0.00           0.00
B          38,062.51    120,470.77             0.00         0.00   5,760,322.63

- -------------------------------------------------------------------------------
          311,399.96    985,604.91             0.00         0.00  47,126,805.96
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      368.264049   5.194146     2.399058     7.593204   0.000000    363.069902
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      803.403483  11.331530     5.233777    16.565307   0.000000    792.071952

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:38                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S4 (POOL # 4097)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4097 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,192.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,986.00

SUBSERVICER ADVANCES THIS MONTH                                       13,400.29
MASTER SERVICER ADVANCES THIS MONTH                                    1,575.65


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     219,549.51

 (B)  TWO MONTHLY PAYMENTS:                                    3     675,462.21

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     430,881.51


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        495,576.85

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      47,126,805.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          171

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 204,014.08

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      631,941.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          87.77697210 %    12.22302790 %
CURRENT PREPAYMENT PERCENTAGE                87.77697210 %    12.22302790 %
PERCENTAGE FOR NEXT DISTRIBUTION             87.77697210 %    12.22302790 %

      BANKRUPTCY AMOUNT AVAILABLE                         167,284.00
      FRAUD AMOUNT AVAILABLE                              715,834.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,904,321.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.35503081
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.41

POOL TRADING FACTOR:                                                38.88097282



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

TOTAL REPURCHASE OF CONVERTING AND CONVERTED
LOANS IN THIS DISTRIBUTION:                                                 0.00


 ................................................................................


Run:        07/30/96     13:50:39                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S5 (POOL # 4098)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4098 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944BJ6   141,622,300.00    54,595,591.61     6.884302  %    850,882.64
R     760944BK3           100.00             0.00     6.884302  %          0.00
B                  11,897,842.91    10,207,070.43     6.884302  %          0.00

- -------------------------------------------------------------------------------
                  153,520,242.91    64,802,662.04                    850,882.64
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         311,936.22  1,162,818.86             0.00         0.00  53,744,708.97
R               0.00          0.00             0.00         0.00           0.00
B          48,594.28     48,594.28             0.00         0.00  10,145,528.99

- -------------------------------------------------------------------------------
          360,530.50  1,211,413.14             0.00         0.00  63,890,237.96
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      385.501377   6.008112     2.202593     8.210705   0.000000    379.493265
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      857.892519   0.000000     4.084294     4.084294   0.000000    852.720032

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:40                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S5 (POOL # 4098)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4098 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,662.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,932.07

SPREAD                                                                12,938.30

SUBSERVICER ADVANCES THIS MONTH                                       28,421.18
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,883,199.48

 (B)  TWO MONTHLY PAYMENTS:                                    2     467,389.60

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,702,241.23

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,890,237.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          218

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      521,709.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.24899520 %    15.75100480 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.12037690 %    15.87962310 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              834,843.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,837,058.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.59955202
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.17

POOL TRADING FACTOR:                                                41.61681662


 ................................................................................


Run:        07/30/96     13:50:41                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S6 (POOL # 4099)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4099 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944ES3    52,656,000.00     4,064,680.91     8.000000  %    443,634.53
A-2   760944EH7    24,701,000.00             0.00     8.000000  %          0.00
A-3   760944EP9    64,683,000.00             0.00     8.000000  %          0.00
A-4   760944EQ7    12,103,000.00             0.00     8.000000  %          0.00
A-5   760944ET1    38,663,000.00    31,995,128.56     8.000000  %    987,444.60
A-6   760944EU8    23,596,900.00    23,596,900.00     8.000000  %          0.00
A-7   760944EW4     5,326,000.00     6,925,674.75     8.000000  %          0.00
A-8   760944ER5    18,394,000.00       977,671.10     8.000000  %    159,009.47
A-9   760944EX2     7,607,000.00     7,607,000.00     8.000000  %          0.00
A-10  760944EV6    40,000,000.00    13,206,678.30     8.000000  %    244,620.55
A-11  760944EF1     2,607,000.00     1,007,325.25     8.000000  %     46,057.38
A-12  760944EG9     3,885,000.00     3,885,000.00     8.000000  %          0.00
A-13  760944EN4     5,787,000.00     5,787,000.00     8.000000  %          0.00
A-14  760944FC7             0.00             0.00     0.220927  %          0.00
R     760944FB9           100.00             0.00     8.000000  %          0.00
M-1   760944EY0     9,677,910.00     9,316,865.99     8.000000  %          0.00
M-2   760944EZ7     4,032,382.00     3,906,882.79     8.000000  %          0.00
M-3   760944FA1     2,419,429.00     2,357,780.52     8.000000  %          0.00
B-1                 5,000,153.00     4,932,222.55     8.000000  %          0.00
B-2                 1,451,657.66     1,058,463.71     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  322,590,531.66   120,625,274.43                  1,880,766.53
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        27,031.09    470,665.62             0.00         0.00   3,621,046.38
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       212,775.19  1,200,219.79             0.00         0.00  31,007,683.96
A-6       156,924.98    156,924.98             0.00         0.00  23,596,900.00
A-7             0.00          0.00        46,057.38         0.00   6,971,732.13
A-8         6,501.75    165,511.22             0.00         0.00     818,661.63
A-9        50,588.35     50,588.35             0.00         0.00   7,607,000.00
A-10       87,827.54    332,448.09             0.00         0.00  12,962,057.75
A-11        6,698.95     52,756.33             0.00         0.00     961,267.87
A-12       25,836.17     25,836.17             0.00         0.00   3,885,000.00
A-13       38,484.92     38,484.92             0.00         0.00   5,787,000.00
A-14       22,153.03     22,153.03             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1             0.00          0.00             0.00         0.00   9,316,865.99
M-2             0.00          0.00             0.00         0.00   3,906,882.79
M-3             0.00          0.00             0.00         0.00   2,357,780.52
B-1             0.00          0.00             0.00         0.00   4,932,222.55
B-2             0.00          0.00             0.00   248,232.16     953,691.90

- -------------------------------------------------------------------------------
          634,821.97  2,515,588.50        46,057.38   248,232.16 118,685,793.47
===============================================================================







































Run:        07/30/96     13:50:41
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S6 (POOL # 4099)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4099 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     77.193120   8.425147     0.513353     8.938500   0.000000     68.767973
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    827.538695  25.539782     5.503329    31.043111   0.000000    801.998913
A-6   1000.000000   0.000000     6.650237     6.650237   0.000000   1000.000000
A-7   1300.352000   0.000000     0.000000     0.000000   8.647649   1308.999649
A-8     53.151631   8.644638     0.353471     8.998109   0.000000     44.506993
A-9   1000.000000   0.000000     6.650237     6.650237   0.000000   1000.000000
A-10   330.166958   6.115514     2.195689     8.311203   0.000000    324.051444
A-11   386.392501  17.666812     2.569601    20.236413   0.000000    368.725689
A-12  1000.000000   0.000000     6.650237     6.650237   0.000000   1000.000000
A-13  1000.000000   0.000000     6.650237     6.650237   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    962.694010   0.000000     0.000000     0.000000   0.000000    962.694010
M-2    968.877153   0.000000     0.000000     0.000000   0.000000    968.877153
M-3    974.519409   0.000000     0.000000     0.000000   0.000000    974.519409
B-1    986.414326   0.000000     0.000000     0.000000   0.000000    986.414326
B-2    729.141408   0.000000     0.000000     0.000000   0.000000    656.967497

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:43                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S6 (POOL # 4099)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4099 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       36,647.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,644.53

SUBSERVICER ADVANCES THIS MONTH                                       35,343.11
MASTER SERVICER ADVANCES THIS MONTH                                    1,759.97


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,457,937.97

 (B)  TWO MONTHLY PAYMENTS:                                    3     718,109.62

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     356,308.57


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,055,251.95

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     118,685,793.47

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          446

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 223,850.77

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,407,292.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         82.11633870 %    12.91730100 %    4.96636070 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            81.91237290 %    13.12838617 %    4.95924090 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2216 %

      BANKRUPTCY AMOUNT AVAILABLE                         186,282.00
      FRAUD AMOUNT AVAILABLE                            1,289,331.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,959,268.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.71249934
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.04

POOL TRADING FACTOR:                                                36.79146839


 ................................................................................


Run:        07/30/96     13:50:44                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S7 (POOL # 4100)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4100 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944DN5    23,017,500.00             0.00     5.500000  %          0.00
A-2   760944DQ8     7,746,000.00             0.00     6.000000  %          0.00
A-3   760944DD7    42,158,384.00     4,734,419.63     6.150000  %    114,127.67
A-4   760944DE5             0.00             0.00     3.850000  %          0.00
A-5   760944DR6    28,033,649.00             0.00     6.500000  %          0.00
A-6   760944DW5    56,309,467.00    33,817,285.21     7.150000  %    815,197.72
A-7   760944DY1     1,986,000.00     1,192,714.67     7.500000  %     28,751.52
A-8   760944DZ8    31,082,000.00    31,082,000.00     7.500000  %          0.00
A-9   760944DF2    18,270,000.00             0.00     0.000000  %          0.00
A-10  760944DG0     6,090,000.00             0.00     0.000000  %          0.00
A-11  760944DX3    37,465,000.00     4,192,714.68     7.500000  %     28,751.52
A-12  760944DH8     4,531,350.00             0.00     0.000000  %          0.00
A-13  760944DJ4     1,510,450.00             0.00     0.000000  %          0.00
A-14  760944DK1             0.00             0.00     0.324123  %          0.00
R-I   760944EC8           100.00             0.00     7.500000  %          0.00
R-II  760944ED6           100.00             0.00     7.500000  %          0.00
M-1   760944EA2     3,362,500.00     2,920,237.39     7.500000  %     13,626.50
M-2   760944EB0     6,051,700.00     5,285,268.74     7.500000  %     24,662.27
B                   1,344,847.83     1,067,764.80     7.500000  %      4,982.43

- -------------------------------------------------------------------------------
                  268,959,047.83    84,292,405.12                  1,030,099.63
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        24,164.24    138,291.91             0.00         0.00   4,620,291.96
A-4        15,127.21     15,127.21             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       200,667.05  1,015,864.77             0.00         0.00  33,002,087.49
A-7         7,423.85     36,175.37             0.00         0.00   1,163,963.15
A-8       193,464.60    193,464.60             0.00         0.00  31,082,000.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11       26,096.84     54,848.36             0.00         0.00   4,163,963.16
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14       22,674.10     22,674.10             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        18,176.51     31,803.01             0.00         0.00   2,906,610.89
M-2        32,897.25     57,559.52             0.00         0.00   5,260,606.47
B           6,646.11     11,628.54             0.00         0.00   1,062,782.37

- -------------------------------------------------------------------------------
          547,337.76  1,577,437.39             0.00         0.00  83,262,305.49
===============================================================================









































Run:        07/30/96     13:50:44
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S7 (POOL # 4100)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4100 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    112.300785   2.707117     0.573178     3.280295   0.000000    109.593669
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    600.561273  14.477099     3.563647    18.040746   0.000000    586.084175
A-7    600.561264  14.477100     3.738092    18.215192   0.000000    586.084164
A-8   1000.000000   0.000000     6.224329     6.224329   0.000000   1000.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   111.910174   0.767423     0.696566     1.463989   0.000000    111.142751
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-13     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    868.472086   4.052491     5.405654     9.458145   0.000000    864.419596
M-2    873.352734   4.075263     5.436035     9.511298   0.000000    869.277471
B      793.967002   3.704821     4.941912     8.646733   0.000000    790.262174

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:46                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S7 (POOL # 4100)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4100 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,146.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,146.12

SUBSERVICER ADVANCES THIS MONTH                                       12,992.17
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     394,646.12

 (B)  TWO MONTHLY PAYMENTS:                                    1      93,208.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        704,051.31

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      83,262,305.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          354

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      636,772.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.99868750 %     9.73457300 %    1.26673900 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.91455180 %     9.80902140 %    1.27642680 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3238 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              444,494.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,631,391.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22277289
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              133.13

POOL TRADING FACTOR:                                                30.95724281


 ................................................................................


Run:        07/30/96     13:50:47                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S8 (POOL # 4101)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4101 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944DB1   105,693,300.00    38,227,385.71     7.820237  %  2,219,199.57
R     760944DC9           100.00             0.00     7.820237  %          0.00
B                   6,746,402.77     5,439,262.06     7.820237  %      4,706.14

- -------------------------------------------------------------------------------
                  112,439,802.77    43,666,647.77                  2,223,905.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         240,617.25  2,459,816.82             0.00         0.00  36,008,186.14
R               0.00          0.00             0.00         0.00           0.00
B          34,236.72     38,942.86             0.00         0.00   5,434,555.92

- -------------------------------------------------------------------------------
          274,853.97  2,498,759.68             0.00         0.00  41,442,742.06
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      361.682204  20.996596     2.276561    23.273157   0.000000    340.685608
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      806.246269   0.697578     5.074811     5.772389   0.000000    805.548691

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:48                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S8 (POOL # 4101)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4101 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,232.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,384.67

SUBSERVICER ADVANCES THIS MONTH                                       10,631.36
MASTER SERVICER ADVANCES THIS MONTH                                    2,853.18


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     467,765.07

 (B)  TWO MONTHLY PAYMENTS:                                    1     244,277.89

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     305,594.64


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        418,271.42

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      41,442,742.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          141

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 373,735.65

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,186,124.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          87.54366930 %    12.45633070 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             86.88659180 %    13.11340820 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              489,658.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,927,158.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.28646822
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              317.04

POOL TRADING FACTOR:                                                36.85771501


 ................................................................................


Run:        07/30/96     13:50:49                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S9 (POOL # 4102)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4102 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944DL9     2,600,000.00             0.00     5.500000  %          0.00
A-2   760944DM7     5,250,000.00             0.00     5.500000  %          0.00
A-3   760944DP0    17,850,000.00    15,395,230.67     6.000000  %    787,302.42
A-4   760944EL8        10,000.00         5,196.69  2969.500000  %        265.76
A-5   760944DS4    33,600,000.00    33,600,000.00     7.000000  %          0.00
A-6   760944DT2    20,850,000.00    20,850,000.00     7.000000  %          0.00
A-7   760944EM6    35,181,860.00     3,327,133.30     6.250000  %          0.00
A-8   760944EJ3    15,077,940.00     1,425,914.27     8.749999  %          0.00
A-9   760944EK0             0.00             0.00     0.216153  %          0.00
R-I   760944DU9           100.00             0.00     7.000000  %          0.00
R-II  760944DV7           100.00             0.00     7.000000  %          0.00
B-1                 4,404,800.00     3,775,531.05     7.000000  %     18,319.67
B-2                   677,492.20       580,705.92     7.000000  %      2,817.70

- -------------------------------------------------------------------------------
                  135,502,292.20    78,959,711.90                    808,705.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        76,798.26    864,100.68             0.00         0.00  14,607,928.25
A-4        12,829.92     13,095.68             0.00         0.00       4,930.93
A-5       195,547.06    195,547.06             0.00         0.00  33,600,000.00
A-6       121,343.93    121,343.93             0.00         0.00  20,850,000.00
A-7        17,288.77     17,288.77             0.00         0.00   3,327,133.30
A-8        10,373.26     10,373.26             0.00         0.00   1,425,914.27
A-9        14,189.94     14,189.94             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B-1        21,973.03     40,292.70             0.00         0.00   3,757,211.38
B-2         3,379.62      6,197.32             0.00         0.00     577,888.22

- -------------------------------------------------------------------------------
          473,723.79  1,282,429.34             0.00         0.00  78,151,006.35
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    862.477909  44.106578     4.302424    48.409002   0.000000    818.371331
A-4    519.669000  26.576000  1282.992000  1309.568000   0.000000    493.093000
A-5   1000.000000   0.000000     5.819853     5.819853   0.000000   1000.000000
A-6   1000.000000   0.000000     5.819853     5.819853   0.000000   1000.000000
A-7     94.569568   0.000000     0.491411     0.491411   0.000000     94.569568
A-8     94.569568   0.000000     0.687976     0.687976   0.000000     94.569568
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    857.140177   4.159024     4.988429     9.147453   0.000000    852.981152
B-2    857.140377   4.159029     4.988426     9.147455   0.000000    852.981348

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:50                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S9 (POOL # 4102)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4102 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,894.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,357.60

SUBSERVICER ADVANCES THIS MONTH                                        2,177.08
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     209,283.71

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      78,151,006.35

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          336

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      425,576.48

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.48296240 %     5.51703760 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.45291900 %     5.54708100 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2160 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              417,545.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,688,009.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.62893479
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              132.78

POOL TRADING FACTOR:                                                57.67504378


 ................................................................................


Run:        07/30/96     13:50:52                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S10 (POOL # 4103)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4103 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944CS5    38,548,900.00             0.00     6.500000  %          0.00
A-2   760944CN6    38,548,900.00             0.00     0.000000  %          0.00
A-3   760944CP1             0.00             0.00     0.000000  %          0.00
A-4   760944CT3    14,583,000.00             0.00     8.000000  %          0.00
A-5   760944CU0    20,606,000.00    22,250,808.18     8.150000  %    970,290.10
A-6   760944CQ9             0.00             0.00     0.350000  %          0.00
A-7   760944CW6     7,500,864.00     7,500,864.00     8.190000  %          0.00
A-8   760944CV8         1,000.00         1,000.00  2333.767840  %          0.00
A-9   760944CR7     5,212,787.00     2,975,267.36     8.500000  %     97,029.01
A-10  760944FD5             0.00             0.00     0.150274  %          0.00
R-I   760944CZ9           100.00             0.00     8.500000  %          0.00
R-II  760944DA3           100.00             0.00     8.500000  %          0.00
M-1   760944CX4     3,360,259.00     3,167,296.96     8.500000  %      2,488.42
M-2   760944CY2     2,016,155.00     1,914,238.30     8.500000  %      1,503.94
M-3   760944EE4     1,344,103.00     1,284,833.15     8.500000  %      1,009.44
B-1                 2,016,155.00     1,982,564.84     8.500000  %          0.00
B-2                   672,055.59       259,367.18     8.500000  %          0.00

- -------------------------------------------------------------------------------
                  134,410,378.59    41,336,239.97                  1,072,320.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       149,706.56  1,119,996.66             0.00         0.00  21,280,518.08
A-6         6,429.12      6,429.12             0.00         0.00           0.00
A-7        50,714.56     50,714.56             0.00         0.00   7,500,864.00
A-8         1,926.62      1,926.62             0.00         0.00       1,000.00
A-9        20,877.69    117,906.70             0.00         0.00   2,878,238.35
A-10        5,128.06      5,128.06             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        22,225.17     24,713.59             0.00         0.00   3,164,808.54
M-2        13,432.36     14,936.30             0.00         0.00   1,912,734.36
M-3         9,015.77     10,025.21             0.00         0.00   1,283,823.71
B-1        16,615.03     16,615.03             0.00         0.00   1,982,564.84
B-2             0.00          0.00             0.00         0.00     257,605.80

- -------------------------------------------------------------------------------
          296,070.94  1,368,391.85             0.00         0.00  40,262,157.68
===============================================================================













































Run:        07/30/96     13:50:52
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S10 (POOL # 4103)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4103 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5   1079.821808  47.087746     7.265193    54.352939   0.000000   1032.734062
A-7   1000.000000   0.000000     6.761162     6.761162   0.000000   1000.000000
A-8   1000.000000   0.000000  1926.620000  1926.620000   0.000000   1000.000000
A-9    570.763271  18.613653     4.005092    22.618745   0.000000    552.149618
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    942.575248   0.740544     6.614124     7.354668   0.000000    941.834704
M-2    949.449968   0.745945     6.662365     7.408310   0.000000    948.704023
M-3    955.903789   0.751014     6.707648     7.458662   0.000000    955.152775
B-1    983.339495   0.000000     8.240949     8.240949   0.000000    983.339495
B-2    385.931140   0.000000     0.000000     0.000000   0.000000    383.310256

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:53                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S10 (POOL # 4103)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4103 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,308.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,192.19

SUBSERVICER ADVANCES THIS MONTH                                       23,439.74
MASTER SERVICER ADVANCES THIS MONTH                                    7,588.67


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,471,997.98

 (B)  TWO MONTHLY PAYMENTS:                                    1     256,483.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     208,903.21


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      40,262,157.68

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          162

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       4

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 960,302.76

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,041,606.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         79.17493120 %    15.40142100 %    5.42364770 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.63617420 %    15.79986513 %    5.56396070 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1465 %

      BANKRUPTCY AMOUNT AVAILABLE                         118,613.00
      FRAUD AMOUNT AVAILABLE                              433,881.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,604,879.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.08103478
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.67

POOL TRADING FACTOR:                                                29.95464941


 ................................................................................


Run:        07/30/96     13:55:52                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-MZ1 (POOL # 8013)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8013 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944GM4    33,088,000.00    30,071,289.33     7.470000  %    140,992.43
A-2   760944GN2    35,036,830.43    35,036,830.43     7.470000  %          0.00
S-1   760944GQ5             0.00             0.00     1.000000  %          0.00
S-2   760944GR3             0.00             0.00     0.500000  %          0.00
S-3   760944GS1             0.00             0.00     0.250000  %          0.00
R     760944GP7           100.00             0.00     7.470000  %          0.00

- -------------------------------------------------------------------------------
                   68,124,930.43    65,108,119.76                    140,992.43
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       158,827.87    299,820.30             0.00         0.00  29,930,296.90
A-2       185,054.41    185,054.41             0.00         0.00  35,036,830.43
S-1         2,239.45      2,239.45             0.00         0.00           0.00
S-2        10,763.20     10,763.20             0.00         0.00           0.00
S-3         1,426.97      1,426.97             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          358,311.90    499,304.33             0.00         0.00  64,967,127.33
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    908.827651   4.261135     4.800165     9.061300   0.000000    904.566517
A-2   1000.000000   0.000000     5.281711     5.281711   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-July-96     
DISTRIBUTION DATE        30-July-96     

Run:     07/30/96     13:55:53                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
                  MORTGAGE PASS-THROUGH CERTIFICATES 1993-MZ1
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 8013 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                            0.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,627.70

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      64,967,127.33

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            0

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               4,649,655.18

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION           0.00000000 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000000 %     0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 


ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                95.36468796


 ................................................................................


Run:        07/30/96     13:50:54                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S11 (POOL # 4104)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4104 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609208W1    29,554,000.00    10,148,894.80    10.000000  %    112,061.34
A-2   7609208F8    52,896,000.00             0.00     7.250000  %          0.00
A-3   7609208G6    30,604,000.00             0.00     7.250000  %          0.00
A-4   7609208H4    51,752,000.00             0.00     7.250000  %          0.00
A-5   7609208J0    59,248,000.00    39,259,158.63     7.250000  %    896,490.68
A-6   7609208K7    48,625,000.00     9,814,789.63     6.250000  %    224,122.67
A-7   7609208L5             0.00             0.00     3.750000  %          0.00
A-8   7609208P6     6,663,000.00     6,663,000.00     7.800000  %          0.00
A-9   7609208Q4    35,600,000.00    35,600,000.00     7.800000  %          0.00
A-10  7609208M3    10,152,000.00    10,152,000.00     7.800000  %          0.00
A-11  7609208N1             0.00             0.00     0.165867  %          0.00
R-I   7609208U5           100.00             0.00     8.000000  %          0.00
R-II  7609208V3       590,838.00             0.00     8.000000  %          0.00
M-1   7609208R2     8,754,971.00     8,342,104.23     8.000000  %     17,359.51
M-2   7609208S0     5,252,983.00     5,032,350.47     8.000000  %          0.00
M-3   7609208T8     3,501,988.00     3,379,624.34     8.000000  %          0.00
B-1                 5,252,983.00     5,134,940.89     8.000000  %          0.00
B-2                 1,750,995.34     1,269,009.03     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  350,198,858.34   134,795,872.02                  1,250,034.20
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        84,144.77    196,206.11             0.00         0.00  10,036,833.46
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       235,986.61  1,132,477.29             0.00         0.00  38,362,667.95
A-6        50,859.19    274,981.86             0.00         0.00   9,590,666.96
A-7        30,515.51     30,515.51             0.00         0.00           0.00
A-8        43,089.63     43,089.63             0.00         0.00   6,663,000.00
A-9       230,225.26    230,225.26             0.00         0.00  35,600,000.00
A-10       65,653.00     65,653.00             0.00         0.00  10,152,000.00
A-11       18,537.26     18,537.26             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1       103,991.08    121,350.59             0.00         0.00   8,324,744.72
M-2        17,824.40     17,824.40             0.00         0.00   5,032,350.47
M-3             0.00          0.00             0.00         0.00   3,379,624.34
B-1             0.00          0.00             0.00         0.00   5,134,940.89
B-2             0.00          0.00             0.00         0.00   1,238,177.81

- -------------------------------------------------------------------------------
          880,826.71  2,130,860.91             0.00         0.00 133,515,006.60
===============================================================================











































Run:        07/30/96     13:50:54
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S11 (POOL # 4104)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4104 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    343.401732   3.791749     2.847153     6.638902   0.000000    339.609984
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    662.624200  15.131155     3.983031    19.114186   0.000000    647.493045
A-6    201.846573   4.609207     1.045947     5.655154   0.000000    197.237367
A-8   1000.000000   0.000000     6.467001     6.467001   0.000000   1000.000000
A-9   1000.000000   0.000000     6.467002     6.467002   0.000000   1000.000000
A-10  1000.000000   0.000000     6.467002     6.467002   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    952.842017   1.982818    11.877947    13.860765   0.000000    950.859200
M-2    957.998621   0.000000     3.393196     3.393196   0.000000    957.998621
M-3    965.058801   0.000000     0.000000     0.000000   0.000000    965.058801
B-1    977.528557   0.000000     0.000000     0.000000   0.000000    977.528557
B-2    724.735812   0.000000     0.000000     0.000000   0.000000    707.127987

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:56                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S11 (POOL # 4104)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4104 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       39,403.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,958.09

SUBSERVICER ADVANCES THIS MONTH                                       38,383.26
MASTER SERVICER ADVANCES THIS MONTH                                   10,074.85


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,009,103.58

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,081,119.39

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     666,508.33


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,229,396.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     133,515,006.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          515

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       4

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,325,130.35

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,000,361.74

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         82.81992720 %    12.42922300 %    4.75085020 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            82.69120540 %    12.53545946 %    4.77333510 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1651 %

      BANKRUPTCY AMOUNT AVAILABLE                         544,063.00
      FRAUD AMOUNT AVAILABLE                            1,406,867.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,200,598.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.64651586
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.10

POOL TRADING FACTOR:                                                38.12548311


 ................................................................................


Run:        07/30/96     13:50:57                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S12 (POOL # 4105)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4105 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944GC6    40,873,000.00             0.00     7.500000  %          0.00
A-2   760944GB8     9,405,000.00             0.00     5.500000  %          0.00
A-3   760944GF9    27,507,000.00             0.00     7.500000  %          0.00
A-4   760944GE2    39,680,000.00             0.00     6.750000  %          0.00
A-5   760944GJ1    22,004,000.00    13,474,161.87     7.500000  %    782,708.31
A-6   760944GG7    20,505,000.00    12,556,248.36     7.000000  %    729,387.11
A-7   760944GK8    23,152,000.00    23,152,000.00     7.500000  %          0.00
A-8   760944GL6    10,000,000.00    10,000,000.00     7.500000  %          0.00
A-9   760944FZ6     7,475,000.00     2,427,691.04     7.500000  %    146,233.18
A-10  760944GA0     3,403,000.00     3,403,000.00     7.500000  %          0.00
A-11  760944GD4    29,995,000.00    29,995,000.00     7.500000  %          0.00
A-12  760944GT9    18,350,000.00    23,397,308.96     7.500000  %          0.00
A-13  760944GH5    23,529,000.00     2,511,249.70     6.200000  %    145,877.42
A-14  760944GU6             0.00             0.00     3.800000  %          0.00
A-15  760944GV4             0.00             0.00     0.165368  %          0.00
R-I   760944GZ5           100.00             0.00     7.500000  %          0.00
R-II  760944HA9           100.00             0.00     7.500000  %          0.00
M-1   760944GW2     8,136,349.00     7,838,623.57     7.500000  %      7,403.05
M-2   760944GX0     3,698,106.00     3,567,339.15     7.500000  %      3,369.11
M-3   760944GY8     2,218,863.00     2,147,538.24     7.500000  %      2,028.21
B-1                 4,437,728.00     4,323,128.99     7.500000  %          0.00
B-2                 1,479,242.76     1,259,578.67     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  295,848,488.76   140,052,868.55                  1,817,006.39
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        83,330.05    866,038.36             0.00         0.00  12,691,453.56
A-6        72,476.40    801,863.51             0.00         0.00  11,826,861.25
A-7       143,182.00    143,182.00             0.00         0.00  23,152,000.00
A-8        61,844.33     61,844.33             0.00         0.00  10,000,000.00
A-9        15,013.89    161,247.07             0.00         0.00   2,281,457.86
A-10       21,045.63     21,045.63             0.00         0.00   3,403,000.00
A-11      185,502.08    185,502.08             0.00         0.00  29,995,000.00
A-12            0.00          0.00       146,233.18         0.00  23,543,542.14
A-13       12,838.67    158,716.09             0.00         0.00   2,365,372.28
A-14        7,868.87      7,868.87             0.00         0.00           0.00
A-15       19,136.92     19,136.92             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        48,576.90     55,979.95             0.00         0.00   7,831,220.52
M-2        22,107.23     25,476.34             0.00         0.00   3,563,970.04
M-3        13,308.55     15,336.76             0.00         0.00   2,145,510.03
B-1        39,802.13     39,802.13             0.00         0.00   4,323,128.99
B-2             0.00          0.00             0.00         0.00   1,254,306.19

- -------------------------------------------------------------------------------
          746,033.65  2,563,040.04       146,233.18         0.00 138,376,822.86
===============================================================================



































Run:        07/30/96     13:50:57
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S12 (POOL # 4105)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4105 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    612.350567  35.571183     3.787041    39.358224   0.000000    576.779384
A-6    612.350566  35.571183     3.534572    39.105755   0.000000    576.779383
A-7   1000.000000   0.000000     6.184433     6.184433   0.000000   1000.000000
A-8   1000.000000   0.000000     6.184433     6.184433   0.000000   1000.000000
A-9    324.774721  19.562967     2.008547    21.571514   0.000000    305.211754
A-10  1000.000000   0.000000     6.184434     6.184434   0.000000   1000.000000
A-11  1000.000000   0.000000     6.184433     6.184433   0.000000   1000.000000
A-12  1275.057709   0.000000     0.000000     0.000000   7.969111   1283.026820
A-13   106.729980   6.199899     0.545653     6.745552   0.000000    100.530081
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    963.407982   0.909874     5.970356     6.880230   0.000000    962.498108
M-2    964.639507   0.911037     5.977987     6.889024   0.000000    963.728471
M-3    967.855266   0.914076     5.997914     6.911990   0.000000    966.941190
B-1    974.176198   0.000000     8.969033     8.969033   0.000000    974.176198
B-2    851.502339   0.000000     0.000000     0.000000   0.000000    847.938029

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:50:59                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S12 (POOL # 4105)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4105 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       51,654.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,772.95

SUBSERVICER ADVANCES THIS MONTH                                       17,823.36
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,811,047.37

 (B)  TWO MONTHLY PAYMENTS:                                    1     369,433.56

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        249,343.14

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     138,376,822.86

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          523

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,543,775.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.33643940 %     9.67741800 %    3.98614300 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.18400440 %     9.78538191 %    4.03061370 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1628 %

      BANKRUPTCY AMOUNT AVAILABLE                         212,759.00
      FRAUD AMOUNT AVAILABLE                              728,338.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,447,874.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.23471845
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.17

POOL TRADING FACTOR:                                                46.77286791


 ................................................................................


Run:        07/30/96     13:51:00                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S13 (POOL # 4106)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4106 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944FP8    22,000,000.00             0.00     6.477270  %          0.00
A-2   760944FL7     3,692,298.00             0.00     5.250000  %          0.00
A-3   760944FM5     3,391,307.00             0.00     5.500000  %          0.00
A-4   760944FS2    15,000,000.00             0.00     7.228260  %          0.00
A-5   760944FJ2    18,249,728.00     6,988,334.86     6.250000  %    442,348.49
A-6   760944FK9             0.00             0.00     2.250000  %          0.00
A-7   760944FN3     6,666,667.00     5,590,668.41     6.250000  %    353,878.82
A-8   760944FU7    32,500,001.00    32,500,001.00     7.500000  %          0.00
A-9   760944FR4    12,000,000.00    12,000,000.00     6.516390  %          0.00
A-10  760944FY9    40,000,000.00     4,800,000.00    10.000000  %          0.00
A-11  760944FE3    10,389,750.00             0.00     0.000000  %          0.00
A-12  760944FF0     5,594,480.00             0.00     0.000000  %          0.00
A-13  760944FG8     5,368,770.00             0.00     0.000000  %          0.00
A-14  760944FQ6       200,000.00       200,000.00     6.516390  %          0.00
A-15  760944FH6             0.00             0.00     0.279920  %          0.00
R-I   760944FT0           100.00             0.00     7.500000  %          0.00
R-II  760944FX1           100.00             0.00     7.500000  %          0.00
M-1   760944FV5     2,291,282.00     1,986,280.62     7.500000  %      9,402.97
M-2   760944FW3     4,582,565.00     3,972,562.11     7.500000  %      1,273.14
B-1                   458,256.00       397,255.74     7.500000  %          0.00
B-2                   917,329.35       718,538.63     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  183,302,633.35    69,153,641.37                    806,903.42
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        36,315.48    478,663.97             0.00         0.00   6,545,986.37
A-6        13,073.57     13,073.57             0.00         0.00           0.00
A-7        29,052.38    382,931.20             0.00         0.00   5,236,789.59
A-8       202,666.81    202,666.81             0.00         0.00  32,500,001.00
A-9        65,016.91     65,016.91             0.00         0.00  12,000,000.00
A-10       39,909.77     39,909.77             0.00         0.00   4,800,000.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14        1,083.62      1,083.62             0.00         0.00     200,000.00
A-15       16,094.85     16,094.85             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        17,676.34     27,079.31             0.00         0.00   1,976,877.65
M-2        49,255.37     50,528.51             0.00         0.00   3,971,288.97
B-1             0.00          0.00             0.00         0.00     397,255.74
B-2             0.00          0.00             0.00         0.00     695,723.69

- -------------------------------------------------------------------------------
          470,145.10  1,277,048.52             0.00         0.00  68,323,923.01
===============================================================================





































Run:        07/30/96     13:51:00
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S13 (POOL # 4106)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4106 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    382.928165  24.238635     1.989919    26.228554   0.000000    358.689531
A-7    838.600220  53.081820     4.357857    57.439677   0.000000    785.518399
A-8   1000.000000   0.000000     6.235902     6.235902   0.000000   1000.000000
A-9   1000.000000   0.000000     5.418076     5.418076   0.000000   1000.000000
A-10   120.000000   0.000000     0.997744     0.997744   0.000000    120.000000
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-13     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-14  1000.000000   0.000000     5.418100     5.418100   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    866.886145   4.103803     7.714607    11.818410   0.000000    862.782342
M-2    866.886146   0.277823    10.748428    11.026251   0.000000    866.608323
B-1    866.886064   0.000000     0.000000     0.000000   0.000000    866.886064
B-2    783.294059   0.000000     0.000000     0.000000   0.000000    758.423014

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:02                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S13 (POOL # 4106)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4106 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,512.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,413.28

SUBSERVICER ADVANCES THIS MONTH                                        9,134.91
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     860,057.60

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      68,323,923.01

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          301

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      502,347.75

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.76968250 %     8.61681700 %    1.61350050 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.69446460 %     8.70583298 %    1.59970240 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2808 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              369,318.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,776,306.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22812797
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              133.35

POOL TRADING FACTOR:                                                37.27383604


 ................................................................................


Run:        07/30/96     13:51:04                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S14 (POOL # 4107)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4107 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944HE1    65,000,000.00             0.00     7.500000  %          0.00
A-2   760944HN1     8,177,000.00             0.00     7.500000  %          0.00
A-3   760944HB7     5,773,000.00             0.00     5.200000  %          0.00
A-4   760944HP6    37,349,000.00             0.00     7.500000  %          0.00
A-5   760944HC5    33,306,000.00             0.00     6.200000  %          0.00
A-6   760944HQ4    32,628,000.00    26,354,104.28     7.500000  %  1,013,225.51
A-7   760944HD3    36,855,000.00    29,768,312.89     7.000000  %  1,144,490.19
A-8   760944HW1    29,999,000.00     5,953,210.11    10.000190  %    228,880.64
A-9   760944HR2    95,366,000.00    95,366,000.00     7.500000  %          0.00
A-10  760944HF8     8,366,000.00     8,366,000.00     7.500000  %          0.00
A-11  760944HG6     1,385,000.00     1,385,000.00     7.500000  %          0.00
A-12  760944HH4    20,000,000.00             0.00     7.500000  %          0.00
A-13  760944HJ0     9,794,000.00             0.00     7.500000  %          0.00
A-14  760944HK7    36,449,000.00             0.00     7.500000  %          0.00
A-15  760944HL5    29,559,000.00    23,874,549.00     7.500000  %    917,921.67
A-16  760944HM3             0.00             0.00     0.298041  %          0.00
R     760944HV3         1,000.00             0.00     7.500000  %          0.00
M-1   760944HS0    13,271,500.00    12,734,825.55     7.500000  %     41,760.43
M-2   760944HT8     6,032,300.00     5,805,165.41     7.500000  %     19,036.48
M-3   760944HU5     3,619,400.00     3,491,823.46     7.500000  %          0.00
B-1                 4,825,900.00     4,670,638.05     7.500000  %          0.00
B-2                 2,413,000.00     2,358,480.75     7.500000  %          0.00
B-3                 2,412,994.79     2,196,886.22     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  482,582,094.79   222,324,995.72                  3,365,314.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       163,252.04  1,176,477.55             0.00         0.00  25,340,878.77
A-7       172,108.11  1,316,598.30             0.00         0.00  28,623,822.70
A-8        49,170.95    278,051.59             0.00         0.00   5,724,329.47
A-9       590,750.26    590,750.26             0.00         0.00  95,366,000.00
A-10       51,823.68     51,823.68             0.00         0.00   8,366,000.00
A-11        8,579.46      8,579.46             0.00         0.00   1,385,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14            0.00          0.00             0.00         0.00           0.00
A-15      147,892.29  1,065,813.96             0.00         0.00  22,956,627.33
A-16       54,728.52     54,728.52             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        78,886.62    120,647.05             0.00         0.00  12,693,065.12
M-2        35,960.43     54,996.91             0.00         0.00   5,786,128.93
M-3        18,499.68     18,499.68             0.00         0.00   3,491,823.46
B-1             0.00          0.00             0.00         0.00   4,670,638.05
B-2             0.00          0.00             0.00         0.00   2,358,480.75
B-3             0.00          0.00             0.00         0.00   2,155,181.54

- -------------------------------------------------------------------------------
        1,371,652.04  4,736,966.96             0.00         0.00 218,917,976.12
===============================================================================

































Run:        07/30/96     13:51:04
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S14 (POOL # 4107)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4107 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    807.714364  31.053865     5.003434    36.057299   0.000000    776.660499
A-7    807.714364  31.053865     4.669871    35.723736   0.000000    776.660499
A-8    198.446952   7.629609     1.639086     9.268695   0.000000    190.817343
A-9   1000.000000   0.000000     6.194558     6.194558   0.000000   1000.000000
A-10  1000.000000   0.000000     6.194559     6.194559   0.000000   1000.000000
A-11  1000.000000   0.000000     6.194556     6.194556   0.000000   1000.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-13     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-14     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-15   807.691363  31.053881     5.003291    36.057172   0.000000    776.637482
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    959.561884   3.146625     5.944062     9.090687   0.000000    956.415260
M-2    962.346934   3.155758     5.961313     9.117071   0.000000    959.191176
M-3    964.752020   0.000000     5.111256     5.111256   0.000000    964.752020
B-1    967.827359   0.000000     0.000000     0.000000   0.000000    967.827359
B-2    977.406030   0.000000     0.000000     0.000000   0.000000    977.406030
B-3    910.439686   0.000000     0.000000     0.000000   0.000000    893.156317

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:06                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S14 (POOL # 4107)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4107 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       63,362.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    24,100.03

SUBSERVICER ADVANCES THIS MONTH                                       54,139.77
MASTER SERVICER ADVANCES THIS MONTH                                    2,084.24


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,998,521.92

 (B)  TWO MONTHLY PAYMENTS:                                    4     809,921.36

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     676,223.96


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      2,741,760.64

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     218,917,976.12

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          782

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 290,857.84

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,677,964.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.94048350 %     9.90973300 %    4.14978310 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.76849720 %    10.03618702 %    4.19531580 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2997 %

      BANKRUPTCY AMOUNT AVAILABLE                         245,792.00
      FRAUD AMOUNT AVAILABLE                            2,273,284.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,730,871.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.27092547
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.77

POOL TRADING FACTOR:                                                45.36388285


 ................................................................................


Run:        07/30/96     13:51:07                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S15 (POOL # 4108)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4108 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944JH2    54,600,000.00             0.00     7.000000  %          0.00
A-2   760944HX9     9,507,525.00             0.00     5.500000  %          0.00
A-3   760944HY7    23,719,181.00    15,871,093.07     5.600000  %    683,212.55
A-4   760944HZ4    10,298,695.00    10,298,695.00     6.000000  %          0.00
A-5   760944JA7    40,000,000.00    40,000,000.00     6.700000  %          0.00
A-6   760944JB5    11,700,000.00    11,700,000.00     6.922490  %          0.00
A-7   760944JC3             0.00             0.00     0.222490  %          0.00
A-8   760944JF6    18,141,079.00    18,141,079.00     6.850000  %          0.00
A-9   760944JG4        10,000.00        10,000.00   279.116170  %          0.00
A-10  760944JD1    31,786,601.00    18,097,280.85     6.250000  %    517,716.28
A-11  760944JE9             0.00             0.00     2.250000  %          0.00
A-12  760944JN9     2,200,013.00       790,614.26     7.500000  %     15,165.68
A-13  760944JP4     9,999,984.00     3,593,651.87     9.500000  %     68,933.98
A-14  760944JQ2     6,043,334.00             0.00     0.000000  %          0.00
A-15  760944JR0     2,590,000.00             0.00     0.000000  %          0.00
A-16  760944JS8    39,265,907.00     6,520,258.32     6.641000  %          0.00
A-17  760944JT6    11,027,260.00     2,328,663.67     8.005200  %          0.00
A-18  760944JU3     4,711,421.00             0.00     0.000000  %          0.00
A-19  760944JV1             0.00             0.00     0.314191  %          0.00
R-I   760944JL3           100.00             0.00     7.000000  %          0.00
R-II  760944JM1           100.00             0.00     7.000000  %          0.00
M-1   760944JJ8     5,772,016.00     5,031,943.06     7.000000  %     23,785.55
M-2   760944JK5     5,050,288.00     4,496,927.02     7.000000  %     21,256.58
B-1                 1,442,939.00     1,330,196.99     7.000000  %      5,889.59
B-2                   721,471.33       286,038.11     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  288,587,914.33   138,496,441.22                  1,335,960.21
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        73,922.08    757,134.63             0.00         0.00  15,187,880.52
A-4        51,394.05     51,394.05             0.00         0.00  10,298,695.00
A-5       222,902.07    222,902.07             0.00         0.00  40,000,000.00
A-6        67,363.95     67,363.95             0.00         0.00  11,700,000.00
A-7         7,402.01      7,402.01             0.00         0.00           0.00
A-8       103,355.36    103,355.36             0.00         0.00  18,141,079.00
A-9         2,321.48      2,321.48             0.00         0.00      10,000.00
A-10       94,074.66    611,790.94             0.00         0.00  17,579,564.57
A-11       33,866.88     33,866.88             0.00         0.00           0.00
A-12        4,931.80     20,097.48             0.00         0.00     775,448.58
A-13       28,394.80     97,328.78             0.00         0.00   3,524,717.89
A-14            0.00          0.00             0.00         0.00           0.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16       36,014.52     36,014.52             0.00         0.00   6,520,258.32
A-17       15,504.52     15,504.52             0.00         0.00   2,328,663.67
A-18            0.00          0.00             0.00         0.00           0.00
A-19       36,191.94     36,191.94             0.00         0.00           0.00
R-I             0.11          0.11             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        29,296.32     53,081.87             0.00         0.00   5,008,157.51
M-2        26,181.42     47,438.00             0.00         0.00   4,475,670.44
B-1         9,576.12     15,465.71             0.00         0.00   1,324,307.40
B-2             0.00          0.00             0.00         0.00     284,287.91

- -------------------------------------------------------------------------------
          842,694.09  2,178,654.30             0.00         0.00 137,158,730.81
===============================================================================





























Run:        07/30/96     13:51:07
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S15 (POOL # 4108)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4108 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    669.124835  28.804222     3.116553    31.920775   0.000000    640.320613
A-4   1000.000000   0.000000     4.990346     4.990346   0.000000   1000.000000
A-5   1000.000000   0.000000     5.572552     5.572552   0.000000   1000.000000
A-6   1000.000000   0.000000     5.757603     5.757603   0.000000   1000.000000
A-8   1000.000000   0.000000     5.697311     5.697311   0.000000   1000.000000
A-9   1000.000000   0.000000   232.148000   232.148000   0.000000   1000.000000
A-10   569.336773  16.287249     2.959570    19.246819   0.000000    553.049525
A-12   359.367995   6.893450     2.241714     9.135164   0.000000    352.474545
A-13   359.365762   6.893409     2.839485     9.732894   0.000000    352.472353
A-14     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16   166.053934   0.000000     0.917196     0.917196   0.000000    166.053934
A-17   211.173371   0.000000     1.406017     1.406017   0.000000    211.173371
A-18     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     1.100000     1.100000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    871.782590   4.120839     5.075578     9.196417   0.000000    867.661751
M-2    890.429817   4.208984     5.184144     9.393128   0.000000    886.220833
B-1    921.866406   4.081662     6.636538    10.718200   0.000000    917.784744
B-2    396.464971   0.000000     0.000000     0.000000   0.000000    394.039095

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:10                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S15 (POOL # 4108)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4108 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       37,943.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,973.34

SUBSERVICER ADVANCES THIS MONTH                                        9,545.21
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     868,136.67

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      44,161.49


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     137,158,730.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          573

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      683,049.87

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.95278590 %     6.88022700 %    1.16698670 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.91271080 %     6.91449089 %    1.17279830 %

CLASS A-19 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3144 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              715,923.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,765,716.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.76805350
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              135.15

POOL TRADING FACTOR:                                                47.52753806


 ................................................................................


Run:        07/30/96     13:55:55                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-MZ2 (POOL # 8018)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8018 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944MC9    31,903,000.00    29,130,349.17     7.470000  %     79,549.31
A-2   760944MD7    24,068,520.58    24,068,520.58     7.470000  %          0.00
S-1   760944MB1             0.00             0.00     1.500000  %          0.00
S-2   760944MA3             0.00             0.00     1.000000  %          0.00
S-3   760944LZ9             0.00             0.00     0.500000  %          0.00
R     760944ME5           100.00             0.00     7.470000  %          0.00

- -------------------------------------------------------------------------------
                   55,971,620.58    53,198,869.75                     79,549.31
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       166,507.34    246,056.65             0.00         0.00  29,050,799.86
A-2       137,574.23    137,574.23             0.00         0.00  24,068,520.58
S-1         3,584.18      3,584.18             0.00         0.00           0.00
S-2         6,018.04      6,018.04             0.00         0.00           0.00
S-3         3,191.63      3,191.63             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          316,875.42    396,424.73             0.00         0.00  53,119,320.44
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    913.091219   2.493474     5.219175     7.712649   0.000000    910.597745
A-2   1000.000000   0.000000     5.715941     5.715941   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-July-96     
DISTRIBUTION DATE        30-July-96     

Run:     07/30/96     13:55:55                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
                  MORTGAGE PASS-THROUGH CERTIFICATES 1993-MZ2
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 8018 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                            0.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,329.97

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      53,119,320.44

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            0

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               2,789,260.66

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION           0.00000000 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000000 %     0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 


ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                94.90402438


 ................................................................................


Run:        07/30/96     13:51:11                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S16 (POOL # 4109)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4109 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944KT4    50,166,000.00    21,319,322.88     7.000000  %    866,332.36
A-2   760944KV9    20,040,000.00    12,142,058.55     7.000000  %    237,193.43
A-3   760944KS6    30,024,000.00    18,191,275.78     6.000000  %    355,364.05
A-4   760944LF3    10,008,000.00     6,063,758.57    10.000000  %    118,454.68
A-5   760944KW7    22,331,000.00    22,331,000.00     7.000000  %          0.00
A-6   760944KX5    18,276,000.00    18,276,000.00     7.000000  %          0.00
A-7   760944KY3    33,895,000.00    33,895,000.00     7.000000  %          0.00
A-8   760944KZ0    14,040,000.00    14,040,000.00     7.000000  %          0.00
A-9   760944LA4     1,560,000.00     1,560,000.00     7.000000  %          0.00
A-10  760944KU1             0.00             0.00     0.241135  %          0.00
R     760944LE6       333,970.00             0.00     7.000000  %          0.00
M-1   760944LB2     5,917,999.88     5,731,470.48     7.000000  %      5,862.01
M-2   760944LC0     2,689,999.61     2,605,213.53     7.000000  %      2,664.55
M-3   760944LD8     1,613,999.76     1,563,128.12     7.000000  %      1,598.73
B-1                 2,151,999.69     2,084,170.83     7.000000  %      2,131.64
B-2                 1,075,999.84     1,042,085.42     7.000000  %      1,065.82
B-3                 1,075,999.84     1,042,085.43     7.000000  %      1,065.82

- -------------------------------------------------------------------------------
                  215,199,968.62   161,886,569.59                  1,591,733.09
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       124,043.05    990,375.41             0.00         0.00  20,452,990.52
A-2        70,646.61    307,840.04             0.00         0.00  11,904,865.12
A-3        90,722.58    446,086.63             0.00         0.00  17,835,911.73
A-4        50,401.43    168,856.11             0.00         0.00   5,945,303.89
A-5       129,929.33    129,929.33             0.00         0.00  22,331,000.00
A-6       106,335.96    106,335.96             0.00         0.00  18,276,000.00
A-7       197,212.59    197,212.59             0.00         0.00  33,895,000.00
A-8        81,689.48     81,689.48             0.00         0.00  14,040,000.00
A-9         9,076.61      9,076.61             0.00         0.00   1,560,000.00
A-10       32,446.78     32,446.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        33,347.64     39,209.65             0.00         0.00   5,725,608.47
M-2        15,158.02     17,822.57             0.00         0.00   2,602,548.98
M-3         9,094.81     10,693.54             0.00         0.00   1,561,529.39
B-1        12,126.41     14,258.05             0.00         0.00   2,082,039.19
B-2         6,063.20      7,129.02             0.00         0.00   1,041,019.60
B-3         6,063.19      7,129.01             0.00         0.00   1,041,019.61

- -------------------------------------------------------------------------------
          974,357.69  2,566,090.78             0.00         0.00 160,294,836.50
===============================================================================













































Run:        07/30/96     13:51:11
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S16 (POOL # 4109)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4109 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    424.975539  17.269313     2.472652    19.741965   0.000000    407.706226
A-2    605.891145  11.836000     3.525280    15.361280   0.000000    594.055146
A-3    605.891146  11.836000     3.021669    14.857669   0.000000    594.055147
A-4    605.891144  11.835999     5.036114    16.872113   0.000000    594.055145
A-5   1000.000000   0.000000     5.818339     5.818339   0.000000   1000.000000
A-6   1000.000000   0.000000     5.818339     5.818339   0.000000   1000.000000
A-7   1000.000000   0.000000     5.818339     5.818339   0.000000   1000.000000
A-8   1000.000000   0.000000     5.818339     5.818339   0.000000   1000.000000
A-9   1000.000000   0.000000     5.818340     5.818340   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    968.481006   0.990539     5.634951     6.625490   0.000000    967.490467
M-2    968.481007   0.990539     5.634952     6.625491   0.000000    967.490467
M-3    968.481011   0.990539     5.634951     6.625490   0.000000    967.490472
B-1    968.481008   0.990539     5.634950     6.625489   0.000000    967.490469
B-2    968.481018   0.990539     5.634945     6.625484   0.000000    967.490478
B-3    968.481027   0.990539     5.634945     6.625484   0.000000    967.490488

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:13                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S16 (POOL # 4109)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4109 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       36,653.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,977.60

SUBSERVICER ADVANCES THIS MONTH                                       15,920.08
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,420,599.56

 (B)  TWO MONTHLY PAYMENTS:                                    1     501,917.61

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        342,961.42

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     160,294,836.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          560

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,426,159.34

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.30986970 %     6.11527700 %    2.57485330 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.23255270 %     6.16968522 %    2.59776200 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2403 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,722.00
      FRAUD AMOUNT AVAILABLE                              813,516.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,277,559.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.63799376
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.84

POOL TRADING FACTOR:                                                74.48645905


 ................................................................................


Run:        07/30/96     13:51:14                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S17 (POOL # 4110)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4110 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944JW9    16,438,000.00             0.00     4.500000  %          0.00
A-2   760944JX7     9,974,000.00             0.00     5.250000  %          0.00
A-3   760944JY5    21,283,000.00    17,517,476.05     5.650000  %    536,010.06
A-4   760944JZ2     7,444,000.00     7,444,000.00     6.050000  %          0.00
A-5   760944KB3    28,305,000.00    28,305,000.00     6.400000  %          0.00
A-6   760944KC1    12,746,000.00    12,746,000.00     6.750000  %          0.00
A-7   760944KD9    46,874,000.00    21,073,762.16     6.100000  %    289,424.78
A-8   760944KE7             0.00             0.00    13.600000  %          0.00
A-9   760944KK3    14,731,000.00    14,731,000.00     7.000000  %          0.00
A-10  760944KF4    17,454,500.00             0.00     0.000000  %          0.00
A-11  760944KG2     4,803,430.00             0.00     0.000000  %          0.00
A-12  760944KH0     2,677,070.00             0.00     0.000000  %          0.00
A-13  760944KJ6    34,380,000.00     7,512,771.45     7.000000  %     41,882.48
A-14  760944KA5     6,000,000.00     2,768,000.00     6.350000  %          0.00
A-15  760944KQ0     1,891,000.00             0.00     7.650000  %          0.00
A-16  760944KR8             0.00             0.00     0.142683  %          0.00
R-I   760944KN7           100.00             0.00     7.000000  %          0.00
R-II  760944KP2           100.00             0.00     7.000000  %          0.00
M-1   760944KL1     4,101,600.00     3,574,648.29     7.000000  %     16,573.95
M-2   760944KM9     2,343,800.00     2,042,681.06     7.000000  %      9,470.94
M-3   760944MF2     1,171,900.00     1,021,340.54     7.000000  %      4,735.47
B-1                 1,406,270.00     1,225,599.92     7.000000  %      5,682.52
B-2                   351,564.90       306,397.79     7.000000  %      1,420.61

- -------------------------------------------------------------------------------
                  234,376,334.90   120,268,677.26                    905,200.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        82,316.74    618,326.80             0.00         0.00  16,981,465.99
A-4        37,456.74     37,456.74             0.00         0.00   7,444,000.00
A-5       150,664.62    150,664.62             0.00         0.00  28,305,000.00
A-6        71,555.96     71,555.96             0.00         0.00  12,746,000.00
A-7       106,915.35    396,340.13             0.00         0.00  20,784,337.38
A-8        59,592.16     59,592.16             0.00         0.00           0.00
A-9        85,762.69     85,762.69             0.00         0.00  14,731,000.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       43,738.75     85,621.23             0.00         0.00   7,470,888.97
A-14       14,618.67     14,618.67             0.00         0.00   2,768,000.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16       14,272.26     14,272.26             0.00         0.00           0.00
R-I             3.89          3.89             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        20,811.32     37,385.27             0.00         0.00   3,558,074.34
M-2        11,892.32     21,363.26             0.00         0.00   2,033,210.12
M-3         5,946.16     10,681.63             0.00         0.00   1,016,605.07
B-1         7,135.34     12,817.86             0.00         0.00   1,219,917.40
B-2         1,783.83      3,204.44             0.00         0.00     304,977.18

- -------------------------------------------------------------------------------
          714,466.80  1,619,667.61             0.00         0.00 119,363,476.45
===============================================================================

































Run:        07/30/96     13:51:14
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S17 (POOL # 4110)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4110 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    823.073629  25.184892     3.867723    29.052615   0.000000    797.888737
A-4   1000.000000   0.000000     5.031803     5.031803   0.000000   1000.000000
A-5   1000.000000   0.000000     5.322898     5.322898   0.000000   1000.000000
A-6   1000.000000   0.000000     5.613993     5.613993   0.000000   1000.000000
A-7    449.583184   6.174527     2.280909     8.455436   0.000000    443.408657
A-9   1000.000000   0.000000     5.821919     5.821919   0.000000   1000.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-13   218.521566   1.218222     1.272215     2.490437   0.000000    217.303344
A-14   461.333333   0.000000     2.436445     2.436445   0.000000    461.333333
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000    38.940000    38.940000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    871.525329   4.040850     5.073952     9.114802   0.000000    867.484479
M-2    871.525326   4.040848     5.073948     9.114796   0.000000    867.484478
M-3    871.525335   4.040848     5.073948     9.114796   0.000000    867.484487
B-1    871.525326   4.040846     5.073947     9.114793   0.000000    867.484480
B-2    871.525542   4.040847     5.073942     9.114789   0.000000    867.484695

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:16                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S17 (POOL # 4110)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4110 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       34,506.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,346.42

SUBSERVICER ADVANCES THIS MONTH                                       11,357.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     123,085.93

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,018,298.15

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     119,363,476.45

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          484

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      347,572.12

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.20632120 %     5.51986600 %    1.27381270 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.18653880 %     5.53593924 %    1.27752190 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1430 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              610,423.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,754,776.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.61162886
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              136.68

POOL TRADING FACTOR:                                                50.92812655


 ................................................................................


Run:        07/30/96     13:51:18                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S18 (POOL # 4111)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4111 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944LM8    85,336,000.00             0.00     7.500000  %          0.00
A-2   760944LL0    71,184,000.00    10,807,794.25     7.500000  %    370,217.63
A-3   760944LY2    81,356,000.00    25,544,678.79     6.250000  %    691,071.30
A-4   760944LN6    40,678,000.00    12,772,339.39    10.000000  %    345,535.65
A-5   760944LP1    66,592,000.00    66,592,000.00     7.500000  %          0.00
A-6   760944LQ9    52,567,000.00    52,567,000.00     7.500000  %          0.00
A-7   760944LR7    53,440,000.00    53,440,000.00     7.500000  %          0.00
A-8   760944LS5    14,426,000.00    14,426,000.00     7.500000  %          0.00
A-9   760944LT3             0.00             0.00     0.136886  %          0.00
R     760944LX4         1,000.00             0.00     7.500000  %          0.00
M-1   760944LU0    13,767,600.00    13,295,800.71     7.500000  %     13,026.32
M-2   760944LV8     6,257,900.00     6,063,229.85     7.500000  %      5,940.34
M-3   760944LW6     3,754,700.00     3,652,395.31     7.500000  %      3,578.37
B-1                 5,757,200.00     5,626,218.67     7.500000  %          0.00
B-2                 2,753,500.00     2,690,855.48     7.500000  %          0.00
B-3                 2,753,436.49     2,309,102.45     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  500,624,336.49   269,787,414.90                  1,429,369.61
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        67,390.71    437,608.34             0.00         0.00  10,437,576.62
A-3       132,734.00    823,805.30             0.00         0.00  24,853,607.49
A-4       106,187.20    451,722.85             0.00         0.00  12,426,803.74
A-5       415,226.48    415,226.48             0.00         0.00  66,592,000.00
A-6       327,775.26    327,775.26             0.00         0.00  52,567,000.00
A-7       333,218.75    333,218.75             0.00         0.00  53,440,000.00
A-8        89,951.60     89,951.60             0.00         0.00  14,426,000.00
A-9        30,703.07     30,703.07             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        82,904.38     95,930.70             0.00         0.00  13,282,774.39
M-2        37,806.55     43,746.89             0.00         0.00   6,057,289.51
M-3        22,774.07     26,352.44             0.00         0.00   3,648,816.94
B-1        76,669.08     76,669.08             0.00         0.00   5,626,218.67
B-2             0.00          0.00             0.00         0.00   2,690,855.48
B-3             0.00          0.00             0.00         0.00   2,298,691.64

- -------------------------------------------------------------------------------
        1,723,341.15  3,152,710.76             0.00         0.00 268,347,634.48
===============================================================================















































Run:        07/30/96     13:51:18
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S18 (POOL # 4111)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4111 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    151.828982   5.200855     0.946711     6.147566   0.000000    146.628127
A-3    313.986415   8.494411     1.631521    10.125932   0.000000    305.492004
A-4    313.986415   8.494411     2.610433    11.104844   0.000000    305.492004
A-5   1000.000000   0.000000     6.235381     6.235381   0.000000   1000.000000
A-6   1000.000000   0.000000     6.235381     6.235381   0.000000   1000.000000
A-7   1000.000000   0.000000     6.235381     6.235381   0.000000   1000.000000
A-8   1000.000000   0.000000     6.235381     6.235381   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    965.731188   0.946158     6.021702     6.967860   0.000000    964.785031
M-2    968.892096   0.949255     6.041412     6.990667   0.000000    967.942842
M-3    972.752899   0.953038     6.065483     7.018521   0.000000    971.799862
B-1    977.249126   0.000000    13.317078    13.317078   0.000000    977.249126
B-2    977.249130   0.000000     0.000000     0.000000   0.000000    977.249130
B-3    838.625644   0.000000     0.000000     0.000000   0.000000    834.844620

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:20                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S18 (POOL # 4111)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4111 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       70,615.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    28,491.33

SUBSERVICER ADVANCES THIS MONTH                                       29,139.52
MASTER SERVICER ADVANCES THIS MONTH                                    4,094.20


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,104,266.72

 (B)  TWO MONTHLY PAYMENTS:                                    2     448,774.93

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,441,637.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     268,347,634.48

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          937

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 542,905.61

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,175,461.04

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.53181190 %     8.52946600 %    3.93872210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.47719660 %     8.56682821 %    3.95597520 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1372 %

      BANKRUPTCY AMOUNT AVAILABLE                         224,285.00
      FRAUD AMOUNT AVAILABLE                            2,720,982.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,918,865.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07759903
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.97

POOL TRADING FACTOR:                                                53.60259478


 ................................................................................


Run:        07/30/96     13:48:34                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-19 (POOL # 3184)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   3184 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944LH9    82,498,000.00    32,506,299.46     6.898145  %    404,424.52
A-2   760944LJ5     5,265,582.31     2,074,772.69     6.898145  %     25,813.12
S-1   760944LK2             0.00             0.00     0.090000  %          0.00
S-2   760944LG1             0.00             0.00     0.143600  %          0.00

- -------------------------------------------------------------------------------
                   87,763,582.31    34,581,072.15                    430,237.64
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       185,850.56    590,275.08             0.00         0.00  32,101,874.94
A-2        11,862.25     37,675.37             0.00         0.00   2,048,959.57
S-1         2,579.56      2,579.56             0.00         0.00           0.00
S-2         4,115.82      4,115.82             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          204,408.19    634,645.83             0.00         0.00  34,150,834.51
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    394.025303   4.902234     2.252789     7.155023   0.000000    389.123069
A-2    394.025308   4.902235     2.252790     7.155025   0.000000    389.123073

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:48:35                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-19 (POOL # 3184)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 3184 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,832.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,541.35

SUBSERVICER ADVANCES THIS MONTH                                        9,368.15
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,099,383.44

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        294,516.72

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      34,150,834.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          118

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      398,866.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION         100.00000000 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000000 %     0.00000000 %

LETTER OF CREDIT - TOTAL AVAILABLE AMOUNT                          7,668,090.86
      BANKRUPTCY AMOUNT AVAILABLE                         149,087.00
      FRAUD AMOUNT AVAILABLE                            1,755,272.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,146,180.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.90688506
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              317.51

POOL TRADING FACTOR:                                                38.91230692


 ................................................................................


Run:        07/30/96     13:51:21                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S20 (POOL # 4112)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4112 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944NE4    28,889,000.00       217,747.08     6.000000  %    217,747.08
A-2   760944NF1             0.00             0.00     2.000000  %          0.00
A-3   760944NG9    14,581,000.00       109,902.40     5.000030  %    109,902.40
A-4   760944NH7     7,938,000.00     7,938,000.00     5.249810  %    385,049.20
A-5   760944NJ3    21,873,000.00    21,873,000.00     5.750030  %          0.00
A-6   760944NR5    12,561,000.00    12,561,000.00     6.004100  %          0.00
A-7   760944NS3    23,816,000.00    23,816,000.00     6.981720  %          0.00
A-8   760944NT1    18,040,000.00    18,040,000.00     6.981720  %          0.00
A-9   760944NU8    35,577,000.00    35,577,000.00     6.200000  %    449,272.57
A-10  760944NK0             0.00             0.00     2.300000  %          0.00
A-11  760944NL8    37,000,000.00    12,523,090.84     7.250000  %     23,591.97
A-12  760944NM6     2,400,000.00     2,400,000.00     7.062290  %          0.00
A-13  760944NN4    34,545,000.00     9,036,749.75     6.041000  %     16,256.72
A-14  760944NP9    13,505,000.00     3,532,821.10     8.847690  %      6,355.39
A-15  760944NQ7             0.00             0.00     0.095295  %          0.00
R-I   760944NY0           100.00             0.00     7.000000  %          0.00
R-II  760944NZ7           100.00             0.00     7.000000  %          0.00
M-1   760944NV6     3,917,600.00     3,420,735.54     7.000000  %     15,872.92
M-2   760944NW4     1,958,800.00     1,710,367.77     7.000000  %      7,936.46
M-3   760944NX2     1,305,860.00     1,140,239.34     7.000000  %      5,290.95
B-1                 1,567,032.00     1,368,287.23     7.000000  %      6,349.13
B-2                   783,516.00       684,143.62     7.000000  %      3,174.57
B-3                   914,107.69       798,172.48     7.000000  %      3,703.67

- -------------------------------------------------------------------------------
                  261,172,115.69   156,747,257.15                  1,250,503.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         1,086.28    218,833.36             0.00         0.00           0.00
A-2           362.09        362.09             0.00         0.00           0.00
A-3           456.89    110,359.29             0.00         0.00           0.00
A-4        34,648.97    419,698.17             0.00         0.00   7,552,950.80
A-5       104,571.70    104,571.70             0.00         0.00  21,873,000.00
A-6        62,705.82     62,705.82             0.00         0.00  12,561,000.00
A-7       138,250.58    138,250.58             0.00         0.00  23,816,000.00
A-8       104,721.21    104,721.21             0.00         0.00  18,040,000.00
A-9       183,398.90    632,671.47             0.00         0.00  35,127,727.43
A-10       68,035.08     68,035.08             0.00         0.00           0.00
A-11       75,489.27     99,081.24             0.00         0.00  12,499,498.87
A-12       14,092.64     14,092.64             0.00         0.00   2,400,000.00
A-13       45,389.64     61,646.36             0.00         0.00   9,020,493.03
A-14       25,988.86     32,344.25             0.00         0.00   3,526,465.71
A-15       12,419.58     12,419.58             0.00         0.00           0.00
R-I             2.65          2.65             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        19,909.17     35,782.09             0.00         0.00   3,404,862.62
M-2         9,954.59     17,891.05             0.00         0.00   1,702,431.31
M-3         6,636.36     11,927.31             0.00         0.00   1,134,948.39
B-1         7,963.63     14,312.76             0.00         0.00   1,361,938.10
B-2         3,981.82      7,156.39             0.00         0.00     680,969.05
B-3         4,645.50      8,349.17             0.00         0.00     794,468.81

- -------------------------------------------------------------------------------
          924,711.23  2,175,214.26             0.00         0.00 155,496,754.12
===============================================================================

































Run:        07/30/96     13:51:21
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S20 (POOL # 4112)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4112 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      7.537370   7.537370     0.037602     7.574972   0.000000      0.000000
A-3      7.537371   7.537371     0.031335     7.568706   0.000000      0.000000
A-4   1000.000000  48.507080     4.364950    52.872030   0.000000    951.492920
A-5   1000.000000   0.000000     4.780858     4.780858   0.000000   1000.000000
A-6   1000.000000   0.000000     4.992104     4.992104   0.000000   1000.000000
A-7   1000.000000   0.000000     5.804945     5.804945   0.000000   1000.000000
A-8   1000.000000   0.000000     5.804945     5.804945   0.000000   1000.000000
A-9   1000.000000  12.628175     5.154985    17.783160   0.000000    987.371825
A-11   338.461915   0.637621     2.040251     2.677872   0.000000    337.824294
A-12  1000.000000   0.000000     5.871933     5.871933   0.000000   1000.000000
A-13   261.593566   0.470595     1.313928     1.784523   0.000000    261.122971
A-14   261.593565   0.470595     1.924388     2.394983   0.000000    261.122970
R-I      0.000000   0.000000    26.500000    26.500000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    873.171212   4.051695     5.081981     9.133676   0.000000    869.119517
M-2    873.171212   4.051695     5.081984     9.133679   0.000000    869.119517
M-3    873.171198   4.051698     5.081984     9.133682   0.000000    869.119500
B-1    873.171212   4.051691     5.081983     9.133674   0.000000    869.119520
B-2    873.171218   4.051698     5.081989     9.133687   0.000000    869.119520
B-3    873.171169   4.051689     5.081983     9.133672   0.000000    869.119480

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:23                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S20 (POOL # 4112)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4112 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       42,876.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,007.17

SUBSERVICER ADVANCES THIS MONTH                                       19,324.57
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     601,505.15

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     406,936.52


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        905,600.46

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     155,496,754.12

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          596

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      523,163.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.18047490 %     4.00092700 %    1.81859850 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.16089530 %     4.01438754 %    1.82471720 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0955 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              786,800.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,743,769.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.54948353
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              137.24

POOL TRADING FACTOR:                                                59.53803824


 ................................................................................


Run:        07/30/96     13:51:24                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S21 (POOL # 4113)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4113 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944PA0    37,931,000.00             0.00     6.500000  %          0.00
A-2   760944PB8    17,277,000.00             0.00     6.500000  %          0.00
A-3   760944PC6    40,040,600.00    15,582,050.69     6.500000  %    793,363.89
A-4   760944QX9    38,099,400.00     6,232,813.76    10.000000  %    317,345.22
A-5   760944QC5    61,656,000.00    61,656,000.00     7.500000  %          0.00
A-6   760944QD3     9,020,000.00     9,020,000.00     7.500000  %          0.00
A-7   760944QE1    37,150,000.00    37,150,000.00     7.500000  %          0.00
A-8   760944QF8     9,181,560.00     9,181,560.00     7.500000  %          0.00
A-9   760944QG6             0.00             0.00     0.077909  %          0.00
R     760944QL5         1,000.00             0.00     7.500000  %          0.00
M-1   760944QH4     7,403,017.00     7,165,676.07     7.500000  %      6,714.10
M-2   760944QJ0     3,365,008.00     3,257,125.70     7.500000  %      3,051.86
M-3   760944QK7     2,692,006.00     2,617,199.22     7.500000  %      2,452.26
B-1                 2,422,806.00     2,360,981.11     7.500000  %      2,212.19
B-2                 1,480,605.00     1,450,099.07     7.500000  %      1,358.71
B-3                 1,480,603.82     1,388,823.95     7.500000  %      1,301.32

- -------------------------------------------------------------------------------
                  269,200,605.82   157,062,329.57                  1,127,799.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        84,259.90    877,623.79             0.00         0.00  14,788,686.80
A-4        51,852.19    369,197.41             0.00         0.00   5,915,468.54
A-5       384,697.73    384,697.73             0.00         0.00  61,656,000.00
A-6        56,279.58     56,279.58             0.00         0.00   9,020,000.00
A-7       231,794.49    231,794.49             0.00         0.00  37,150,000.00
A-8        57,287.62     57,287.62             0.00         0.00   9,181,560.00
A-9        10,179.83     10,179.83             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        44,709.67     51,423.77             0.00         0.00   7,158,961.97
M-2        20,322.58     23,374.44             0.00         0.00   3,254,073.84
M-3        16,329.81     18,782.07             0.00         0.00   2,614,746.96
B-1        14,731.15     16,943.34             0.00         0.00   2,358,768.92
B-2         9,047.78     10,406.49             0.00         0.00   1,448,740.36
B-3         8,665.48      9,966.80             0.00         0.00   1,387,522.63

- -------------------------------------------------------------------------------
          990,157.81  2,117,957.36             0.00         0.00 155,934,530.02
===============================================================================















































Run:        07/30/96     13:51:24
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S21 (POOL # 4113)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4113 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    389.156274  19.813986     2.104362    21.918348   0.000000    369.342288
A-4    163.593489   8.329402     1.360971     9.690373   0.000000    155.264087
A-5   1000.000000   0.000000     6.239421     6.239421   0.000000   1000.000000
A-6   1000.000000   0.000000     6.239421     6.239421   0.000000   1000.000000
A-7   1000.000000   0.000000     6.239421     6.239421   0.000000   1000.000000
A-8   1000.000000   0.000000     6.239421     6.239421   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    967.939972   0.906941     6.039385     6.946326   0.000000    967.033031
M-2    967.939957   0.906940     6.039385     6.946325   0.000000    967.033018
M-3    972.211511   0.910942     6.066038     6.976980   0.000000    971.300569
B-1    974.482113   0.913069     6.080202     6.993271   0.000000    973.569044
B-2    979.396308   0.917672     6.110867     7.028539   0.000000    978.478635
B-3    938.011865   0.878898     5.852653     6.731551   0.000000    937.132953

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:26                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S21 (POOL # 4113)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4113 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       42,158.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,665.14

SUBSERVICER ADVANCES THIS MONTH                                       12,601.19
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3   1,257,403.39

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     216,878.43


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        281,861.63

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     155,934,530.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          547

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      980,635.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.38683650 %     8.30243700 %    3.31072650 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.31380410 %     8.35464908 %    3.33154680 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0775 %

      BANKRUPTCY AMOUNT AVAILABLE                         140,181.00
      FRAUD AMOUNT AVAILABLE                            1,571,922.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,588,291.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.02506618
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              316.04

POOL TRADING FACTOR:                                                57.92502938


 ................................................................................


Run:        07/30/96     13:51:27                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S22 (POOL # 4114)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4114 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944PH5    29,659,000.00    11,456,717.61     7.000000  %    424,617.58
A-2   760944PP7    20,000,000.00    14,894,054.46     7.000000  %    119,110.02
A-3   760944PQ5    20,000,000.00    15,419,846.10     7.000000  %    106,844.51
A-4   760944PR3    44,814,000.00    35,841,103.11     7.000000  %    209,317.14
A-5   760944PS1    26,250,000.00    26,250,000.00     7.000000  %          0.00
A-6   760944PT9    29,933,000.00    29,933,000.00     7.000000  %          0.00
A-7   760944PU6    15,000,000.00    12,854,786.06     7.000000  %     50,042.93
A-8   760944PV4    37,500,000.00    37,500,000.00     7.000000  %          0.00
A-9   760944PW2    43,057,000.00    43,057,000.00     7.000000  %          0.00
A-10  760944PJ1     2,700,000.00     2,700,000.00     7.000000  %          0.00
A-11  760944PK8    23,600,000.00    23,600,000.00     7.000000  %          0.00
A-12  760944PL6    22,750,000.00     4,286,344.15     6.241000  %          0.00
A-13  760944PM4     9,750,000.00     1,837,004.63     8.770995  %          0.00
A-14  760944PN2             0.00             0.00     0.209844  %          0.00
R     760944QA9           100.00             0.00     7.000000  %          0.00
M-1   760944PX0     8,667,030.00     8,400,965.07     7.000000  %     27,447.38
M-2   760944PY8     4,333,550.00     4,200,516.44     7.000000  %          0.00
M-3   760944PZ5     2,600,140.00     2,520,319.55     7.000000  %          0.00
B-1                 2,773,475.00     2,688,333.41     7.000000  %          0.00
B-2                 1,560,100.00     1,512,207.26     7.000000  %          0.00
B-3                 1,733,428.45     1,680,215.00     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  346,680,823.45   280,632,412.85                    937,379.56
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        66,816.08    491,433.66             0.00         0.00  11,032,100.03
A-2        86,862.78    205,972.80             0.00         0.00  14,774,944.44
A-3        89,929.22    196,773.73             0.00         0.00  15,313,001.59
A-4       209,026.89    418,344.03             0.00         0.00  35,631,785.97
A-5       153,091.15    153,091.15             0.00         0.00  26,250,000.00
A-6       174,570.58    174,570.58             0.00         0.00  29,933,000.00
A-7        74,969.68    125,012.61             0.00         0.00  12,804,743.13
A-8       218,701.65    218,701.65             0.00         0.00  37,500,000.00
A-9       251,110.31    251,110.31             0.00         0.00  43,057,000.00
A-10       15,746.52     15,746.52             0.00         0.00   2,700,000.00
A-11      137,636.24    137,636.24             0.00         0.00  23,600,000.00
A-12       22,287.63     22,287.63             0.00         0.00   4,286,344.15
A-13       13,424.00     13,424.00             0.00         0.00   1,837,004.63
A-14       49,063.30     49,063.30             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        48,994.80     76,442.18             0.00         0.00   8,373,517.69
M-2         3,303.83      3,303.83             0.00         0.00   4,200,516.44
M-3             0.00          0.00             0.00         0.00   2,520,319.55
B-1             0.00          0.00             0.00         0.00   2,688,333.41
B-2             0.00          0.00             0.00         0.00   1,512,207.26
B-3             0.00          0.00             0.00         0.00   1,639,043.48

- -------------------------------------------------------------------------------
        1,615,534.66  2,552,914.22             0.00         0.00 279,653,861.77
===============================================================================





































Run:        07/30/96     13:51:27
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S22 (POOL # 4114)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4114 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    386.281318  14.316652     2.252810    16.569462   0.000000    371.964666
A-2    744.702723   5.955501     4.343139    10.298640   0.000000    738.747222
A-3    770.992305   5.342226     4.496461     9.838687   0.000000    765.650080
A-4    799.774693   4.670798     4.664321     9.335119   0.000000    795.103895
A-5   1000.000000   0.000000     5.832044     5.832044   0.000000   1000.000000
A-6   1000.000000   0.000000     5.832044     5.832044   0.000000   1000.000000
A-7    856.985737   3.336195     4.997979     8.334174   0.000000    853.649542
A-8   1000.000000   0.000000     5.832044     5.832044   0.000000   1000.000000
A-9   1000.000000   0.000000     5.832044     5.832044   0.000000   1000.000000
A-10  1000.000000   0.000000     5.832044     5.832044   0.000000   1000.000000
A-11  1000.000000   0.000000     5.832044     5.832044   0.000000   1000.000000
A-12   188.410732   0.000000     0.979676     0.979676   0.000000    188.410732
A-13   188.410731   0.000000     1.376821     1.376821   0.000000    188.410731
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    969.301487   3.166873     5.653009     8.819882   0.000000    966.134615
M-2    969.301483   0.000000     0.762384     0.762384   0.000000    969.301483
M-3    969.301480   0.000000     0.000000     0.000000   0.000000    969.301480
B-1    969.301476   0.000000     0.000000     0.000000   0.000000    969.301476
B-2    969.301493   0.000000     0.000000     0.000000   0.000000    969.301494
B-3    969.301617   0.000000     0.000000     0.000000   0.000000    969.301617

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:29                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S22 (POOL # 4114)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4114 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       72,690.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    29,539.92

SUBSERVICER ADVANCES THIS MONTH                                       23,044.45
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,575,488.13

 (B)  TWO MONTHLY PAYMENTS:                                    1     210,269.61

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     229,764.93


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        271,200.01

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     279,653,861.77

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          962

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       61,677.48

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.51599040 %     5.38847300 %    2.09553690 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.51433980 %     5.39751305 %    2.08814720 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2101 %

      BANKRUPTCY AMOUNT AVAILABLE                         109,526.00
      FRAUD AMOUNT AVAILABLE                            2,805,255.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,669,534.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.64666035
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              312.74

POOL TRADING FACTOR:                                                80.66608905


 ................................................................................


Run:        07/30/96     13:51:30                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S23 (POOL # 4115)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4115 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944ML9    14,417,000.00             0.00     6.500000  %          0.00
A-2   760944MG0    25,150,000.00    14,184,640.61     5.500000  %    959,978.50
A-3   760944MH8    12,946,000.00     8,559,856.24     6.450000  %    383,991.40
A-4   760944MJ4             0.00             0.00     2.550000  %          0.00
A-5   760944MV7    22,700,000.00    15,517,874.21     6.500000  %    335,992.47
A-6   760944MK1    11,100,000.00    11,100,000.00     5.850000  %          0.00
A-7   760944MW5    16,290,000.00    16,290,000.00     6.500000  %          0.00
A-8   760944MX3    12,737,000.00    12,737,000.00     6.500000  %          0.00
A-9   760944MY1     7,300,000.00     7,300,000.00     6.500000  %          0.00
A-10  760944MM7    15,200,000.00    15,200,000.00     6.500000  %          0.00
A-11  760944MN5     5,000,000.00     3,694,424.61     6.630000  %          0.00
A-12  760944MP0     2,692,308.00     1,989,305.77     6.258531  %          0.00
A-13  760944MQ8    15,531,578.00    11,476,048.76     6.500000  %          0.00
A-14  760944MR6     7,168,422.00     5,296,638.91     6.499981  %          0.00
A-15  760944MS4     5,000,000.00     3,694,424.61     6.500000  %          0.00
A-16  760944MT2     2,307,692.00     1,705,118.82     6.499981  %          0.00
A-17  760944MU9             0.00             0.00     0.272017  %          0.00
R-I   760944NC8           100.00             0.00     6.500000  %          0.00
R-II  760944ND6           100.00             0.00     6.500000  %          0.00
M-1   760944MZ8     2,739,000.00     2,380,907.36     6.500000  %     11,306.42
M-2   760944NA2     1,368,000.00     1,189,149.80     6.500000  %      5,647.02
M-3   760944NB0       912,000.00       792,766.53     6.500000  %      3,764.68
B-1                   729,800.00       634,387.07     6.500000  %      3,012.57
B-2                   547,100.00       475,572.99     6.500000  %      2,258.39
B-3                   547,219.77       475,677.06     6.500000  %      2,258.89

- -------------------------------------------------------------------------------
                  182,383,319.77   134,693,793.35                  1,708,210.34
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        64,804.80  1,024,783.30             0.00         0.00  13,224,662.11
A-3        45,861.93    429,853.33             0.00         0.00   8,175,864.84
A-4        18,131.46     18,131.46             0.00         0.00           0.00
A-5        83,786.05    419,778.52             0.00         0.00  15,181,881.74
A-6        53,939.26     53,939.26             0.00         0.00  11,100,000.00
A-7        87,955.01     87,955.01             0.00         0.00  16,290,000.00
A-8        68,771.21     68,771.21             0.00         0.00  12,737,000.00
A-9        39,415.08     39,415.08             0.00         0.00   7,300,000.00
A-10       82,069.74     82,069.74             0.00         0.00  15,200,000.00
A-11       20,346.35     20,346.35             0.00         0.00   3,694,424.61
A-12       10,341.89     10,341.89             0.00         0.00   1,989,305.77
A-13       61,962.92     61,962.92             0.00         0.00  11,476,048.76
A-14       28,598.19     28,598.19             0.00         0.00   5,296,638.91
A-15       19,947.40     19,947.40             0.00         0.00   3,694,424.61
A-16        9,206.46      9,206.46             0.00         0.00   1,705,118.82
A-17       30,434.70     30,434.70             0.00         0.00           0.00
R-I             0.19          0.19             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        12,855.29     24,161.71             0.00         0.00   2,369,600.94
M-2         6,420.61     12,067.63             0.00         0.00   1,183,502.78
M-3         4,280.40      8,045.08             0.00         0.00     789,001.85
B-1         3,425.26      6,437.83             0.00         0.00     631,374.50
B-2         2,567.77      4,826.16             0.00         0.00     473,314.60
B-3         2,568.37      4,827.26             0.00         0.00     473,418.17

- -------------------------------------------------------------------------------
          757,690.34  2,465,900.68             0.00         0.00 132,985,583.01
===============================================================================





























Run:        07/30/96     13:51:30
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S23 (POOL # 4115)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4115 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    564.001615  38.170119     2.576732    40.746851   0.000000    525.831495
A-3    661.196991  29.661007     3.542556    33.203563   0.000000    631.535983
A-5    683.606793  14.801430     3.691015    18.492445   0.000000    668.805363
A-6   1000.000000   0.000000     4.859393     4.859393   0.000000   1000.000000
A-7   1000.000000   0.000000     5.399325     5.399325   0.000000   1000.000000
A-8   1000.000000   0.000000     5.399326     5.399326   0.000000   1000.000000
A-9   1000.000000   0.000000     5.399326     5.399326   0.000000   1000.000000
A-10  1000.000000   0.000000     5.399325     5.399325   0.000000   1000.000000
A-11   738.884922   0.000000     4.069270     4.069270   0.000000    738.884922
A-12   738.884916   0.000000     3.841273     3.841273   0.000000    738.884916
A-13   738.884919   0.000000     3.989480     3.989480   0.000000    738.884920
A-14   738.884919   0.000000     3.989468     3.989468   0.000000    738.884919
A-15   738.884922   0.000000     3.989480     3.989480   0.000000    738.884922
A-16   738.884921   0.000000     3.989467     3.989467   0.000000    738.884921
R-I      0.000000   0.000000     1.900000     1.900000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    869.261541   4.127937     4.693425     8.821362   0.000000    865.133604
M-2    869.261550   4.127939     4.693428     8.821367   0.000000    865.133611
M-3    869.261546   4.127939     4.693421     8.821360   0.000000    865.133608
B-1    869.261537   4.127939     4.693423     8.821362   0.000000    865.133598
B-2    869.261543   4.127929     4.693420     8.821349   0.000000    865.133614
B-3    869.261467   4.127939     4.693416     8.821355   0.000000    865.133528

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:32                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S23 (POOL # 4115)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4115 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,773.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,732.95

SUBSERVICER ADVANCES THIS MONTH                                        5,537.57
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     341,930.04

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     203,424.04


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     132,985,583.01

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          489

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,068,578.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.58371570 %     3.23906800 %    1.17721620 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.54822960 %     3.26509496 %    1.18667550 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2725 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              676,160.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,936,187.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.13543447
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              137.40

POOL TRADING FACTOR:                                                72.91543063


 ................................................................................


Run:        07/30/96     13:51:34                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S27 (POOL # 4116)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4116 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944PD4    21,790,000.00             0.00     6.500000  %          0.00
A-2   760944QQ4    20,994,000.00             0.00     7.500000  %          0.00
A-3   760944PE2    27,540,000.00             0.00     6.500000  %          0.00
A-4   760944PF9    26,740,000.00    15,389,159.42     6.500000  %    450,914.49
A-5   760944QB7    30,000,000.00    13,679,510.62     7.050000  %     97,244.72
A-6   760944PG7    48,041,429.00    48,041,429.00     6.500000  %          0.00
A-7   760944QY7    55,044,571.00    27,834,546.67    10.000000  %    197,869.85
A-8   760944QR2    15,090,000.00    15,090,000.00     7.500000  %          0.00
A-9   760944QS0     2,000,000.00     2,000,000.00     7.500000  %          0.00
A-10  760944QM3     7,626,750.00             0.00     0.000000  %          0.00
A-11  760944QN1     2,542,250.00             0.00     0.000000  %          0.00
A-12  760944QP6             0.00             0.00     0.124420  %          0.00
R     760944QW1           100.00             0.00     7.500000  %          0.00
M-1   760944QT8     6,864,500.00     6,648,392.76     7.500000  %     20,018.71
M-2   760944QU5     3,432,150.00     3,329,904.12     7.500000  %          0.00
M-3   760944QV3     2,059,280.00     2,004,425.52     7.500000  %          0.00
B-1                 2,196,565.00     2,147,995.40     7.500000  %          0.00
B-2                 1,235,568.00     1,208,247.63     7.500000  %          0.00
B-3                 1,372,850.89     1,085,375.36     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  274,570,013.89   138,458,986.50                    766,047.77
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        83,296.69    534,211.18             0.00         0.00  14,938,244.93
A-5        80,308.06    177,552.78             0.00         0.00  13,582,265.90
A-6       260,033.17    260,033.17             0.00         0.00  48,041,429.00
A-7       231,784.10    429,653.95             0.00         0.00  27,636,676.82
A-8        94,243.19     94,243.19             0.00         0.00  15,090,000.00
A-9        12,490.81     12,490.81             0.00         0.00   2,000,000.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12       14,345.36     14,345.36             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        41,521.91     61,540.62             0.00         0.00   6,628,374.05
M-2             0.00          0.00             0.00         0.00   3,329,904.12
M-3             0.00          0.00             0.00         0.00   2,004,425.52
B-1             0.00          0.00             0.00         0.00   2,147,995.40
B-2             0.00          0.00             0.00         0.00   1,208,247.63
B-3             0.00          0.00             0.00         0.00   1,045,041.05

- -------------------------------------------------------------------------------
          818,023.29  1,584,071.06             0.00         0.00 137,652,604.42
===============================================================================









































Run:        07/30/96     13:51:34
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S27 (POOL # 4116)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4116 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4    575.510823  16.862920     3.115059    19.977979   0.000000    558.647903
A-5    455.983687   3.241491     2.676935     5.918426   0.000000    452.742197
A-6   1000.000000   0.000000     5.412686     5.412686   0.000000   1000.000000
A-7    505.672879   3.594721     4.210844     7.805565   0.000000    502.078158
A-8   1000.000000   0.000000     6.245407     6.245407   0.000000   1000.000000
A-9   1000.000000   0.000000     6.245405     6.245405   0.000000   1000.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    968.518138   2.916266     6.048789     8.965055   0.000000    965.601872
M-2    970.209379   0.000000     0.000000     0.000000   0.000000    970.209379
M-3    973.362301   0.000000     0.000000     0.000000   0.000000    973.362301
B-1    977.888385   0.000000     0.000000     0.000000   0.000000    977.888385
B-2    977.888412   0.000000     0.000000     0.000000   0.000000    977.888413
B-3    790.599597   0.000000     0.000000     0.000000   0.000000    761.219633

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:35                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S27 (POOL # 4116)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4116 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       40,630.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,811.79

SUBSERVICER ADVANCES THIS MONTH                                       33,852.19
MASTER SERVICER ADVANCES THIS MONTH                                    4,252.57


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   3,053,543.52

 (B)  TWO MONTHLY PAYMENTS:                                    2     177,269.90

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,459,523.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     137,652,604.42

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          483

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 581,921.49

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      297,599.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.13775750 %     8.65434800 %    3.20789460 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.11211180 %     8.69050298 %    3.19738530 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1249 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              690,012.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,317,262.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.10583724
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.56

POOL TRADING FACTOR:                                                50.13388114


 ................................................................................


Run:        07/30/96     13:51:37                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S24 (POOL # 4117)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4117 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944QZ4    45,077,000.00    23,421,346.66     7.000000  %    823,742.08
A-2   760944RC4    15,690,000.00             0.00     7.000000  %          0.00
A-3   760944RD2    16,985,000.00    11,090,448.04     7.000000  %    821,037.51
A-4   760944RE0    12,254,000.00    12,254,000.00     7.000000  %          0.00
A-5   760944RF7     7,326,000.00     7,326,000.00     7.000000  %          0.00
A-6   760944RG5    73,547,000.00    73,547,000.00     7.000000  %          0.00
A-7   760944RH3     8,550,000.00     8,550,000.00     7.000000  %          0.00
A-8   760944RJ9   115,070,000.00    82,639,846.00     7.000000  %  1,233,584.70
A-9   760944RK6    33,056,000.00    33,056,000.00     7.000000  %          0.00
A-10  760944RA8    23,039,000.00    23,039,000.00     7.000000  %          0.00
A-11  760944RB6             0.00             0.00     0.191411  %          0.00
R     760944RP5         1,000.00             0.00     7.000000  %          0.00
M-1   760944RL4     9,349,300.00     9,058,829.80     7.000000  %          0.00
M-2   760944RM2     4,674,600.00     4,549,093.51     7.000000  %          0.00
M-3   760944RN0     3,739,700.00     3,646,329.59     7.000000  %          0.00
B-1                 2,804,800.00     2,737,341.09     7.000000  %          0.00
B-2                   935,000.00       914,257.10     7.000000  %          0.00
B-3                 1,870,098.07     1,686,180.04     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  373,968,498.07   297,515,671.83                  2,878,364.29
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       136,270.70    960,012.78             0.00         0.00  22,597,604.58
A-2             0.00          0.00             0.00         0.00           0.00
A-3        64,526.74    885,564.25             0.00         0.00  10,269,410.53
A-4        71,296.55     71,296.55             0.00         0.00  12,254,000.00
A-5        42,624.33     42,624.33             0.00         0.00   7,326,000.00
A-6       427,913.13    427,913.13             0.00         0.00  73,547,000.00
A-7        49,745.84     49,745.84             0.00         0.00   8,550,000.00
A-8       480,817.37  1,714,402.07             0.00         0.00  81,406,261.30
A-9       192,327.31    192,327.31             0.00         0.00  33,056,000.00
A-10      134,046.13    134,046.13             0.00         0.00  23,039,000.00
A-11       47,333.57     47,333.57             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        49,930.95     49,930.95             0.00         0.00   9,058,829.80
M-2             0.00          0.00             0.00         0.00   4,549,093.51
M-3             0.00          0.00             0.00         0.00   3,646,329.59
B-1             0.00          0.00             0.00         0.00   2,737,341.09
B-2             0.00          0.00             0.00         0.00     914,257.10
B-3             0.00          0.00             0.00         0.00   1,601,149.74

- -------------------------------------------------------------------------------
        1,696,832.62  4,575,196.91             0.00         0.00 294,552,277.24
===============================================================================











































Run:        07/30/96     13:51:37
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S24 (POOL # 4117)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4117 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    519.585302  18.274111     3.023065    21.297176   0.000000    501.311192
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    652.955434  48.338976     3.799043    52.138019   0.000000    604.616458
A-4   1000.000000   0.000000     5.818227     5.818227   0.000000   1000.000000
A-5   1000.000000   0.000000     5.818227     5.818227   0.000000   1000.000000
A-6   1000.000000   0.000000     5.818227     5.818227   0.000000   1000.000000
A-7   1000.000000   0.000000     5.818227     5.818227   0.000000   1000.000000
A-8    718.170209  10.720298     4.178477    14.898775   0.000000    707.449911
A-9   1000.000000   0.000000     5.818227     5.818227   0.000000   1000.000000
A-10  1000.000000   0.000000     5.818227     5.818227   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    968.931342   0.000000     5.340608     5.340608   0.000000    968.931343
M-2    973.151395   0.000000     0.000000     0.000000   0.000000    973.151395
M-3    975.032647   0.000000     0.000000     0.000000   0.000000    975.032647
B-1    975.948763   0.000000     0.000000     0.000000   0.000000    975.948763
B-2    977.815080   0.000000     0.000000     0.000000   0.000000    977.815080
B-3    901.653270   0.000000     0.000000     0.000000   0.000000    856.184906

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:38                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S24 (POOL # 4117)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4117 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       66,692.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    31,083.00

SUBSERVICER ADVANCES THIS MONTH                                       19,112.57
MASTER SERVICER ADVANCES THIS MONTH                                    3,898.33


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,483,854.56

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     483,057.66


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        791,317.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     294,552,277.24

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,011

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 554,779.71

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,843,626.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.40644000 %     5.79944300 %    1.79411670 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.35891130 %     5.85778968 %    1.78329900 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1914 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            3,202,111.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,218,975.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.58724116
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.14

POOL TRADING FACTOR:                                                78.76392765


 ................................................................................


Run:        07/30/96     13:51:40                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S25 (POOL # 4118)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4118 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944RQ3    99,235,000.00    65,072,235.55     6.500000  %  1,361,385.13
A-2   760944RR1     5,200,000.00     5,200,000.00     6.500000  %          0.00
A-3   760944RS9    11,213,000.00    11,213,000.00     6.500000  %          0.00
A-4   760944RT7    21,450,000.00    13,246,094.21     6.400000  %          0.00
A-5   760944RU4     8,250,000.00     5,094,651.59     6.760000  %          0.00
A-6   760944RV2     5,000,000.00     4,437,086.09     6.500000  %      5,789.33
A-7   760944RW0             0.00             0.00     0.295759  %          0.00
R     760944SA7           100.00             0.00     6.500000  %          0.00
M-1   760944RX8     2,337,700.00     2,045,732.32     6.500000  %      9,388.81
M-2   760944RY6       779,000.00       681,706.57     6.500000  %      3,128.67
M-3   760944RZ3       779,100.00       681,794.08     6.500000  %      3,129.07
B-1                   701,100.00       613,535.93     6.500000  %      2,815.80
B-2                   389,500.00       340,853.29     6.500000  %      1,564.33
B-3                   467,420.45       409,041.83     6.500000  %      1,877.27

- -------------------------------------------------------------------------------
                  155,801,920.45   109,035,731.46                  1,389,078.41
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       351,066.61  1,712,451.74             0.00         0.00  63,710,850.42
A-2        28,054.15     28,054.15             0.00         0.00   5,200,000.00
A-3        60,494.46     60,494.46             0.00         0.00  11,213,000.00
A-4        70,363.64     70,363.64             0.00         0.00  13,246,094.21
A-5        28,585.23     28,585.23             0.00         0.00   5,094,651.59
A-6        23,938.21     29,727.54             0.00         0.00   4,431,296.76
A-7        26,766.21     26,766.21             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        11,036.79     20,425.60             0.00         0.00   2,036,343.51
M-2         3,677.83      6,806.50             0.00         0.00     678,577.90
M-3         3,678.30      6,807.37             0.00         0.00     678,665.01
B-1         3,310.04      6,125.84             0.00         0.00     610,720.13
B-2         1,838.91      3,403.24             0.00         0.00     339,288.96
B-3         2,206.79      4,084.06             0.00         0.00     407,164.56

- -------------------------------------------------------------------------------
          615,017.17  2,004,095.58             0.00         0.00 107,646,653.05
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    655.738757  13.718800     3.537730    17.256530   0.000000    642.019957
A-2   1000.000000   0.000000     5.395029     5.395029   0.000000   1000.000000
A-3   1000.000000   0.000000     5.395029     5.395029   0.000000   1000.000000
A-4    617.533530   0.000000     3.280356     3.280356   0.000000    617.533530
A-5    617.533526   0.000000     3.464876     3.464876   0.000000    617.533526
A-6    887.417218   1.157866     4.787642     5.945508   0.000000    886.259352
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    875.104727   4.016260     4.721217     8.737477   0.000000    871.088467
M-2    875.104711   4.016264     4.721220     8.737484   0.000000    871.088447
M-3    875.104711   4.016262     4.721217     8.737479   0.000000    871.088448
B-1    875.104735   4.016260     4.721210     8.737470   0.000000    871.088475
B-2    875.104724   4.016252     4.721207     8.737459   0.000000    871.088472
B-3    875.104694   4.016256     4.721210     8.737466   0.000000    871.088439

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:41                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S25 (POOL # 4118)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4118 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,834.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,735.40

SUBSERVICER ADVANCES THIS MONTH                                        7,018.46
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     529,936.43

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        167,127.80

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     107,646,653.05

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          425

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      888,663.27

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.62284400 %     3.12671200 %    1.25044430 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.58670900 %     3.15252386 %    1.26076720 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2950 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,251,586.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,698,573.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.19448304
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              139.57

POOL TRADING FACTOR:                                                69.09199369


 ................................................................................


Run:        07/30/96     13:51:42                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S26 (POOL # 4119)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4119 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944SB5    46,831,871.00             0.00     6.500000  %          0.00
A-2   760944SC3    37,616,000.00             0.00     7.000000  %          0.00
A-3   760944SD1    49,533,152.00    27,619,222.21     7.050000  %  1,784,962.73
A-4   760944SE9    24,745,827.00    24,745,827.00     7.250000  %          0.00
A-5   760944SF6    47,058,123.00     9,307,553.27     6.250000  %    401,616.61
A-6   760944SG4             0.00             0.00     3.250000  %          0.00
A-7   760944SK5    54,662,626.00    54,662,626.00     7.500000  %          0.00
A-8   760944SL3    36,227,709.00    36,227,709.00     7.500000  %          0.00
A-9   760944SM1    34,346,901.00    34,346,901.00     7.500000  %          0.00
A-10  760944SH2    19,625,291.00    19,625,291.00     7.500000  %          0.00
A-11  760944SJ8             0.00             0.00     0.081507  %          0.00
R-I   760944SR0           100.00             0.00     7.500000  %          0.00
R-II  760944SS8           100.00             0.00     7.500000  %          0.00
M-1   760944SN9    10,340,816.00    10,015,337.50     7.500000  %     11,596.74
M-2   760944SP4     5,640,445.00     5,469,593.38     7.500000  %          0.00
M-3   760944SQ2     3,760,297.00     3,655,030.89     7.500000  %          0.00
B-1                 2,820,222.00     2,753,712.73     7.500000  %          0.00
B-2                   940,074.00       922,016.00     7.500000  %          0.00
B-3                 1,880,150.99     1,767,412.69     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  376,029,704.99   231,118,232.67                  2,198,176.08
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3       161,586.82  1,946,549.55             0.00         0.00  25,834,259.48
A-4       148,883.08    148,883.08             0.00         0.00  24,745,827.00
A-5        48,274.85    449,891.46             0.00         0.00   8,905,936.66
A-6        25,102.92     25,102.92             0.00         0.00           0.00
A-7       340,217.87    340,217.87             0.00         0.00  54,662,626.00
A-8       225,479.73    225,479.73             0.00         0.00  36,227,709.00
A-9       213,773.66    213,773.66             0.00         0.00  34,346,901.00
A-10      122,146.98    122,146.98             0.00         0.00  19,625,291.00
A-11       15,632.78     15,632.78             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        62,335.04     73,931.78             0.00         0.00  10,003,740.76
M-2             0.00          0.00             0.00         0.00   5,469,593.38
M-3             0.00          0.00             0.00         0.00   3,655,030.89
B-1             0.00          0.00             0.00         0.00   2,753,712.73
B-2             0.00          0.00             0.00         0.00     922,016.00
B-3             0.00          0.00             0.00         0.00   1,703,532.77

- -------------------------------------------------------------------------------
        1,363,433.73  3,561,609.81             0.00         0.00 228,856,176.67
===============================================================================









































Run:        07/30/96     13:51:42
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S26 (POOL # 4119)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4119 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    557.590646  36.035719     3.262195    39.297914   0.000000    521.554927
A-4   1000.000000   0.000000     6.016492     6.016492   0.000000   1000.000000
A-5    197.788451   8.534480     1.025856     9.560336   0.000000    189.253971
A-7   1000.000000   0.000000     6.223958     6.223958   0.000000   1000.000000
A-8   1000.000000   0.000000     6.223958     6.223958   0.000000   1000.000000
A-9   1000.000000   0.000000     6.223958     6.223958   0.000000   1000.000000
A-10  1000.000000   0.000000     6.223958     6.223958   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    968.524873   1.121453     6.028058     7.149511   0.000000    967.403420
M-2    969.709550   0.000000     0.000000     0.000000   0.000000    969.709550
M-3    972.005905   0.000000     0.000000     0.000000   0.000000    972.005905
B-1    976.417009   0.000000     0.000000     0.000000   0.000000    976.417009
B-2    980.790874   0.000000     0.000000     0.000000   0.000000    980.790874
B-3    940.037635   0.000000     0.000000     0.000000   0.000000    906.061683

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:44                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S26 (POOL # 4119)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4119 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       55,730.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    24,279.44

SUBSERVICER ADVANCES THIS MONTH                                       30,085.42
MASTER SERVICER ADVANCES THIS MONTH                                    2,404.69


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,230,445.04

 (B)  TWO MONTHLY PAYMENTS:                                    1     547,169.66

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     255,752.63


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      2,145,213.53

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     228,856,176.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          774

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 336,531.01

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,552,461.68

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.36340810 %     8.28145900 %    2.35513290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.29125410 %     8.35824722 %    2.35049870 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0819 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            3,480,462.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,482,113.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.99817364
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.30

POOL TRADING FACTOR:                                                60.86119624


 ................................................................................


Run:        07/30/96     13:55:57                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-MZ3 (POOL # 8020)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8020 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944UW6    40,617,070.70    37,803,842.06     6.970000  %    117,555.19
A-2   760944UX4    30,021,313.12    30,021,313.12     6.970000  %          0.00
S     760944UV8             0.00             0.00     0.500000  %          0.00
R     760944UY2           100.00             0.00     6.970000  %          0.00

- -------------------------------------------------------------------------------
                   70,638,483.82    67,825,155.18                    117,555.19
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       217,681.05    335,236.24             0.00         0.00  37,686,286.87
A-2       172,867.90    172,867.90             0.00         0.00  30,021,313.12
S          13,396.96     13,396.96             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          403,945.91    521,501.10             0.00         0.00  67,707,599.99
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    930.737776   2.894231     5.359349     8.253580   0.000000    927.843545
A-2   1000.000000   0.000000     5.758173     5.758173   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-July-96     
DISTRIBUTION DATE        30-July-96     

Run:     07/30/96     13:55:57                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
                  MORTGAGE PASS-THROUGH CERTIFICATES 1993-MZ3
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 8020 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                            0.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,695.63

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      67,707,599.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            0

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,830,985.49

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION           0.00000000 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000000 %     0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 


ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                95.85086815


 ................................................................................


Run:        07/30/96     13:51:45                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S28 (POOL # 4120)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4120 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944UC0    22,205,000.00    14,579,006.31     9.860000  %    101,005.94
A-2   760944SZ2    24,926,000.00             0.00     6.350000  %          0.00
A-3   760944TA6    25,850,000.00    17,221,627.67     6.350000  %    444,426.12
A-4   760944TB4    46,926,000.00    46,926,000.00     6.350000  %          0.00
A-5   760944TD0    39,000,000.00    39,000,000.00     7.000000  %          0.00
A-6   760944TE8     4,288,000.00     4,288,000.00     7.000000  %          0.00
A-7   760944TF5    30,764,000.00    30,764,000.00     7.000000  %          0.00
A-8   760944TG3     4,920,631.00     4,920,631.00     6.341000  %          0.00
A-9   760944TH1     1,757,369.00     1,757,369.00     8.845190  %          0.00
A-10  760944TC2             0.00             0.00     0.105678  %          0.00
R     760944TM0           100.00             0.00     7.000000  %          0.00
M-1   760944TJ7     5,350,000.00     5,195,863.18     7.000000  %      5,228.26
M-2   760944TK4     3,210,000.00     3,117,517.90     7.000000  %      3,136.95
M-3   760944TL2     2,141,000.00     2,079,316.45     7.000000  %      2,092.28
B-1                 1,070,000.00     1,039,172.64     7.000000  %      1,045.65
B-2                   642,000.00       623,503.58     7.000000  %        627.39
B-3                   963,170.23       935,420.63     7.000000  %        941.25

- -------------------------------------------------------------------------------
                  214,013,270.23   172,447,428.36                    558,503.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       119,600.36    220,606.30             0.00         0.00  14,478,000.37
A-2             0.00          0.00             0.00         0.00           0.00
A-3        90,986.20    535,412.32             0.00         0.00  16,777,201.55
A-4       247,921.89    247,921.89             0.00         0.00  46,926,000.00
A-5       227,138.24    227,138.24             0.00         0.00  39,000,000.00
A-6        24,973.56     24,973.56             0.00         0.00   4,288,000.00
A-7       179,171.31    179,171.31             0.00         0.00  30,764,000.00
A-8        25,960.08     25,960.08             0.00         0.00   4,920,631.00
A-9        12,932.95     12,932.95             0.00         0.00   1,757,369.00
A-10       15,162.41     15,162.41             0.00         0.00           0.00
R               0.02          0.02             0.00         0.00           0.00
M-1        30,261.00     35,489.26             0.00         0.00   5,190,634.92
M-2        18,156.60     21,293.55             0.00         0.00   3,114,380.95
M-3        12,110.06     14,202.34             0.00         0.00   2,077,224.17
B-1         6,052.20      7,097.85             0.00         0.00   1,038,126.99
B-2         3,631.32      4,258.71             0.00         0.00     622,876.19
B-3         5,447.96      6,389.21             0.00         0.00     934,479.38

- -------------------------------------------------------------------------------
        1,019,506.16  1,578,010.00             0.00         0.00 171,888,924.52
===============================================================================













































Run:        07/30/96     13:51:45
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S28 (POOL # 4120)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4120 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    656.564121   4.548793     5.386190     9.934983   0.000000    652.015329
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    666.213836  17.192500     3.519776    20.712276   0.000000    649.021337
A-4   1000.000000   0.000000     5.283252     5.283252   0.000000   1000.000000
A-5   1000.000000   0.000000     5.824057     5.824057   0.000000   1000.000000
A-6   1000.000000   0.000000     5.824058     5.824058   0.000000   1000.000000
A-7   1000.000000   0.000000     5.824058     5.824058   0.000000   1000.000000
A-8   1000.000000   0.000000     5.275762     5.275762   0.000000   1000.000000
A-9   1000.000000   0.000000     7.359268     7.359268   0.000000   1000.000000
R        0.000000   0.000000     0.200000     0.200000   0.000000      0.000000
M-1    971.189379   0.977245     5.656262     6.633507   0.000000    970.212135
M-2    971.189377   0.977243     5.656262     6.633505   0.000000    970.212134
M-3    971.189374   0.977244     5.656263     6.633507   0.000000    970.212130
B-1    971.189383   0.977243     5.656262     6.633505   0.000000    970.212140
B-2    971.189377   0.977243     5.656262     6.633505   0.000000    970.212134
B-3    971.189309   0.977242     5.656259     6.633501   0.000000    970.212067

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:47                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S28 (POOL # 4120)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4120 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       50,728.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    18,400.54

SUBSERVICER ADVANCES THIS MONTH                                       17,491.77
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,122,624.78

 (B)  TWO MONTHLY PAYMENTS:                                    2     793,881.40

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        632,844.83

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     171,888,924.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          597

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      384,981.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.46680890 %     6.02658900 %    1.50660230 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.44993670 %     6.04008668 %    1.50997660 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1054 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,805,337.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,279,342.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.58405993
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.88

POOL TRADING FACTOR:                                                80.31694686


 ................................................................................


Run:        07/30/96     13:51:48                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S29 (POOL # 4121)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4121 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944UE6    63,826,000.00    35,017,184.39     6.038793  %    549,451.55
A-2   760944UF3    47,547,000.00    33,701,381.95     6.150000  %    264,068.35
A-3   760944UG1             0.00             0.00     2.850000  %          0.00
A-4   760944UD8    22,048,000.00    22,048,000.00     5.758391  %          0.00
A-5   760944UH9     8,492,000.00     8,492,000.00     6.250000  %          0.00
A-6   760944UL0    15,208,000.00    15,208,000.00     7.000000  %          0.00
A-7   760944UM8     9,054,000.00             0.00     7.000000  %          0.00
A-8   760944UN6    64,926,000.00    24,313,167.40     7.000000  %    154,730.71
A-9   760944UP1    15,946,000.00             0.00     7.000000  %          0.00
A-10  760944UJ5     3,646,000.00             0.00     7.000000  %          0.00
A-11  760944UK2             0.00             0.00     0.122597  %          0.00
R-I   760944UT3           100.00             0.00     7.000000  %          0.00
R-II  760944UU0           100.00             0.00     7.000000  %          0.00
M-1   760944UQ9     3,896,792.00     3,430,578.05     7.000000  %     15,778.45
M-2   760944UR7     1,948,393.00     1,715,286.34     7.000000  %      7,889.21
M-3   760944US5     1,298,929.00     1,143,524.55     7.000000  %      5,259.48
B-1                   909,250.00       800,466.88     7.000000  %      3,681.63
B-2                   389,679.00       343,057.62     7.000000  %      1,577.84
B-3                   649,465.07       571,762.84     7.000000  %      2,629.74

- -------------------------------------------------------------------------------
                  259,785,708.07   146,784,410.02                  1,005,066.96
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       175,854.65    725,306.20             0.00         0.00  34,467,732.84
A-2       172,363.50    436,431.85             0.00         0.00  33,437,313.60
A-3        79,875.77     79,875.77             0.00         0.00           0.00
A-4       105,582.72    105,582.72             0.00         0.00  22,048,000.00
A-5        44,137.99     44,137.99             0.00         0.00   8,492,000.00
A-6        88,530.44     88,530.44             0.00         0.00  15,208,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8       141,534.42    296,265.13             0.00         0.00  24,158,436.69
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11       14,965.23     14,965.23             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        19,970.45     35,748.90             0.00         0.00   3,414,799.60
M-2         9,985.21     17,874.42             0.00         0.00   1,707,397.13
M-3         6,656.81     11,916.29             0.00         0.00   1,138,265.07
B-1         4,659.76      8,341.39             0.00         0.00     796,785.25
B-2         1,997.04      3,574.88             0.00         0.00     341,479.78
B-3         3,328.41      5,958.15             0.00         0.00     569,133.10

- -------------------------------------------------------------------------------
          869,442.40  1,874,509.36             0.00         0.00 145,779,343.06
===============================================================================









































Run:        07/30/96     13:51:48
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S29 (POOL # 4121)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4121 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    548.635108   8.608585     2.755220    11.363805   0.000000    540.026523
A-2    708.801438   5.553838     3.625118     9.178956   0.000000    703.247599
A-4   1000.000000   0.000000     4.788766     4.788766   0.000000   1000.000000
A-5   1000.000000   0.000000     5.197597     5.197597   0.000000   1000.000000
A-6   1000.000000   0.000000     5.821307     5.821307   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    374.475055   2.383186     2.179934     4.563120   0.000000    372.091869
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    880.359550   4.049087     5.124844     9.173931   0.000000    876.310463
M-2    880.359527   4.049086     5.124844     9.173930   0.000000    876.310442
M-3    880.359550   4.049090     5.124845     9.173935   0.000000    876.310460
B-1    880.359505   4.049084     5.124839     9.173923   0.000000    876.310421
B-2    880.359527   4.049076     5.124834     9.173910   0.000000    876.310450
B-3    880.359647   4.049086     5.124833     9.173919   0.000000    876.310561

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:50                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S29 (POOL # 4121)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4121 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       34,508.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,979.68

SUBSERVICER ADVANCES THIS MONTH                                        9,960.60
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     447,244.08

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        511,381.94

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     145,779,343.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          594

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      329,953.16

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.54664410 %     4.28478000 %    1.16857600 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.53430110 %     4.29447799 %    1.17122090 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1226 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,616,267.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,305,415.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.53028530
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              138.56

POOL TRADING FACTOR:                                                56.11522826


 ................................................................................


Run:        07/30/96     13:51:51                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S30 (POOL # 4122)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4122 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944TP3    69,208,000.00             0.00     7.500000  %          0.00
A-2   760944TT5    51,250,000.00    18,387,094.81     7.500000  %    206,065.77
A-3   760944SW9    49,628,000.00    49,628,000.00     6.200000  %          0.00
A-4   760944SX7    41,944,779.00    41,944,779.00     6.150000  %          0.00
A-5   760944SY5       446,221.00       446,221.00   314.900000  %          0.00
A-6   760944TN8    32,053,000.00    32,053,000.00     7.000000  %          0.00
A-7   760944TU2    11,162,000.00    11,162,000.00     7.500000  %          0.00
A-8   760944TV0    13,530,000.00    13,530,000.00     7.500000  %          0.00
A-9   760944TW8     1,023,000.00     1,023,000.00     7.500000  %          0.00
A-10  760944TQ1    26,670,000.00    15,312,631.25     7.500000  %     22,928.82
A-11  760944TR9     3,400,000.00     3,400,000.00     7.500000  %          0.00
A-12  760944TS7             0.00             0.00     0.033816  %          0.00
R-I   760944UA4           100.00             0.00     7.500000  %          0.00
R-II  760944UB2       379,247.00             0.00     7.500000  %          0.00
M-1   760944TX6     8,843,952.00     8,603,393.98     7.500000  %      8,335.59
M-2   760944TY4     4,823,973.00     4,692,759.55     7.500000  %      4,546.69
M-3   760944TZ1     3,215,982.00     3,128,506.38     7.500000  %      3,031.12
B-1                 1,929,589.00     1,877,103.62     7.500000  %      1,818.67
B-2                   803,995.00       782,126.09     7.500000  %        757.78
B-3                 1,286,394.99     1,126,292.09     7.500000  %      1,091.24

- -------------------------------------------------------------------------------
                  321,598,232.99   207,096,907.77                    248,575.68
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2       114,892.74    320,958.51             0.00         0.00  18,181,029.04
A-3       256,351.98    256,351.98             0.00         0.00  49,628,000.00
A-4       214,917.23    214,917.23             0.00         0.00  41,944,779.00
A-5       117,068.73    117,068.73             0.00         0.00     446,221.00
A-6       186,932.55    186,932.55             0.00         0.00  32,053,000.00
A-7        69,746.35     69,746.35             0.00         0.00  11,162,000.00
A-8        84,542.93     84,542.93             0.00         0.00  13,530,000.00
A-9         6,392.27      6,392.27             0.00         0.00   1,023,000.00
A-10       95,681.80    118,610.62             0.00         0.00  15,289,702.43
A-11       21,245.08     21,245.08             0.00         0.00   3,400,000.00
A-12        5,834.56      5,834.56             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        53,758.76     62,094.35             0.00         0.00   8,595,058.39
M-2        29,322.96     33,869.65             0.00         0.00   4,688,212.86
M-3        19,548.63     22,579.75             0.00         0.00   3,125,475.26
B-1        11,729.18     13,547.85             0.00         0.00   1,875,284.95
B-2         4,887.16      5,644.94             0.00         0.00     781,368.31
B-3         7,037.71      8,128.95             0.00         0.00   1,125,200.85

- -------------------------------------------------------------------------------
        1,299,890.62  1,548,466.30             0.00         0.00 206,848,332.09
===============================================================================







































Run:        07/30/96     13:51:51
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S30 (POOL # 4122)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4122 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    358.772582   4.020796     2.241810     6.262606   0.000000    354.751786
A-3   1000.000000   0.000000     5.165471     5.165471   0.000000   1000.000000
A-4   1000.000000   0.000000     5.123814     5.123814   0.000000   1000.000000
A-5   1000.000000   0.000000   262.355940   262.355940   0.000000   1000.000000
A-6   1000.000000   0.000000     5.831983     5.831983   0.000000   1000.000000
A-7   1000.000000   0.000000     6.248553     6.248553   0.000000   1000.000000
A-8   1000.000000   0.000000     6.248554     6.248554   0.000000   1000.000000
A-9   1000.000000   0.000000     6.248553     6.248553   0.000000   1000.000000
A-10   574.151903   0.859723     3.587619     4.447342   0.000000    573.292180
A-11  1000.000000   0.000000     6.248553     6.248553   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    972.799714   0.942519     6.078590     7.021109   0.000000    971.857196
M-2    972.799713   0.942520     6.078591     7.021111   0.000000    971.857193
M-3    972.799717   0.942518     6.078588     7.021106   0.000000    971.857199
B-1    972.799710   0.942517     6.078590     7.021107   0.000000    971.857193
B-2    972.799694   0.942518     6.078595     7.021113   0.000000    971.857176
B-3    875.541415   0.848285     5.470870     6.319155   0.000000    874.693122

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:53                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S30 (POOL # 4122)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4122 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       48,520.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,836.31

SUBSERVICER ADVANCES THIS MONTH                                       73,220.72
MASTER SERVICER ADVANCES THIS MONTH                                    2,556.36


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   5,840,140.80

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     225,748.34


FORECLOSURES
  NUMBER OF LOANS                                                            10
  AGGREGATE PRINCIPAL BALANCE                                      4,011,488.26

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     206,848,332.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          721

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 357,753.28

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       47,925.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.24119580 %     7.93090500 %    1.82789880 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.23893480 %     7.93274296 %    1.82832230 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0338 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,192,208.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,673,723.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.94045671
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.83

POOL TRADING FACTOR:                                                64.31886462


 ................................................................................


Run:        07/30/96     13:51:55                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S33 (POOL # 4123)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4123 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944ST6   154,051,000.00    62,301,072.65     7.805564  %  1,179,691.58
M     760944SU3     3,678,041.61     3,499,177.06     7.805564  %      2,933.10
R     760944SV1           100.00             0.00     7.805564  %          0.00
B-1                 4,494,871.91     4,276,284.56     7.805564  %      3,584.49
B-2                 1,225,874.16       300,193.17     7.805564  %        251.62

- -------------------------------------------------------------------------------
                  163,449,887.68    70,376,727.44                  1,186,460.79
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         402,456.08  1,582,147.66             0.00         0.00  61,121,381.07
M          22,604.18     25,537.28             0.00         0.00   3,496,243.96
R               0.00          0.00             0.00         0.00           0.00
B-1        27,624.20     31,208.69             0.00         0.00   4,272,700.07
B-2         1,939.21      2,190.83             0.00         0.00     205,376.24

- -------------------------------------------------------------------------------
          454,623.67  1,641,084.46             0.00         0.00  69,095,701.34
===============================================================================











Run:        07/30/96     13:51:55
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S33 (POOL # 4123)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4123 
________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      404.418489   7.657799     2.612486    10.270285   0.000000    396.760690
M      951.369623   0.797462     6.145711     6.943173   0.000000    950.572161
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    951.369615   0.797462     6.145715     6.943177   0.000000    950.572153
B-2    244.880902   0.205258     1.581900     1.787158   0.000000    167.534521

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:55                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S33 (POOL # 4123)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4123 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,593.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,238.45

SUBSERVICER ADVANCES THIS MONTH                                       59,059.66
MASTER SERVICER ADVANCES THIS MONTH                                    4,111.03


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,806,957.94

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,703,624.98

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                            11
  AGGREGATE PRINCIPAL BALANCE                                      3,601,123.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      69,095,701.34

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          232

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 535,526.90

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      855,511.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.52510610 %     4.97206600 %    6.50282830 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.45902120 %     5.06000213 %    6.48097670 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              997,985.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,978,157.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.18819589
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              321.51

POOL TRADING FACTOR:                                                42.27332445


 ................................................................................


Run:        07/30/96     13:51:57                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S31 (POOL # 4125)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4125 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944VU9    93,237,000.00    18,943,353.53     7.000000  %  1,558,205.61
A-2   760944VV7    41,000,000.00    29,071,517.88     7.000000  %    250,183.28
A-3   760944VW5   145,065,000.00   145,065,000.00     7.000000  %          0.00
A-4   760944VX3    36,125,000.00    36,125,000.00     7.000000  %          0.00
A-5   760944VY1    48,253,000.00    48,253,000.00     7.000000  %          0.00
A-6   760944VZ8    27,679,000.00    27,679,000.00     7.000000  %          0.00
A-7   760944WA2     7,834,000.00     7,834,000.00     7.000000  %          0.00
A-8   760944WB0     1,509,808.49     1,373,788.02     0.000000  %     22,654.50
A-9   760944WC8             0.00             0.00     0.250957  %          0.00
R     760944WG9           100.00             0.00     7.000000  %          0.00
M-1   760944WD6     9,616,700.00     9,331,238.74     7.000000  %      9,262.75
M-2   760944WE4     7,479,800.00     7,257,770.30     7.000000  %      7,204.50
M-3   760944WF1     4,274,200.00     4,147,325.04     7.000000  %      4,116.88
B-1                 2,564,500.00     2,488,375.63     7.000000  %      2,470.11
B-2                   854,800.00       829,426.21     7.000000  %        823.34
B-3                 1,923,420.54     1,176,978.04     7.000000  %      1,168.34

- -------------------------------------------------------------------------------
                  427,416,329.03   339,575,773.39                  1,856,089.31
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       110,180.95  1,668,386.56             0.00         0.00  17,385,147.92
A-2       169,089.76    419,273.04             0.00         0.00  28,821,334.60
A-3       843,747.03    843,747.03             0.00         0.00 145,065,000.00
A-4       210,115.20    210,115.20             0.00         0.00  36,125,000.00
A-5       280,655.74    280,655.74             0.00         0.00  48,253,000.00
A-6       160,990.41    160,990.41             0.00         0.00  27,679,000.00
A-7        45,565.19     45,565.19             0.00         0.00   7,834,000.00
A-8             0.00     22,654.50             0.00         0.00   1,351,133.52
A-9        70,808.84     70,808.84             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        54,273.64     63,536.39             0.00         0.00   9,321,975.99
M-2        42,213.64     49,418.14             0.00         0.00   7,250,565.80
M-3        24,122.24     28,239.12             0.00         0.00   4,143,208.16
B-1        14,473.23     16,943.34             0.00         0.00   2,485,905.52
B-2         4,824.22      5,647.56             0.00         0.00     828,602.87
B-3         6,845.70      8,014.04             0.00         0.00   1,175,809.70

- -------------------------------------------------------------------------------
        2,037,905.79  3,893,995.10             0.00         0.00 337,719,684.08
===============================================================================

















































Run:        07/30/96     13:51:57
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S31 (POOL # 4125)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4125 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    203.174207  16.712310     1.181730    17.894040   0.000000    186.461897
A-2    709.061412   6.102031     4.124140    10.226171   0.000000    702.959381
A-3   1000.000000   0.000000     5.816338     5.816338   0.000000   1000.000000
A-4   1000.000000   0.000000     5.816338     5.816338   0.000000   1000.000000
A-5   1000.000000   0.000000     5.816338     5.816338   0.000000   1000.000000
A-6   1000.000000   0.000000     5.816338     5.816338   0.000000   1000.000000
A-7   1000.000000   0.000000     5.816338     5.816338   0.000000   1000.000000
A-8    909.908792  15.004883     0.000000    15.004883   0.000000    894.903909
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    970.316090   0.963194     5.643687     6.606881   0.000000    969.352896
M-2    970.316091   0.963194     5.643686     6.606880   0.000000    969.352897
M-3    970.316092   0.963193     5.643685     6.606878   0.000000    969.352899
B-1    970.316097   0.963194     5.643685     6.606879   0.000000    969.352903
B-2    970.316109   0.963196     5.643683     6.606879   0.000000    969.352913
B-3    611.919243   0.607423     3.559133     4.166556   0.000000    611.311814

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:51:58                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S31 (POOL # 4125)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4125 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       80,874.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    35,612.67

SUBSERVICER ADVANCES THIS MONTH                                       22,432.00
MASTER SERVICER ADVANCES THIS MONTH                                    5,894.32


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,602,673.67

 (B)  TWO MONTHLY PAYMENTS:                                    1     224,440.49

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     251,993.18


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,164,732.18

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     337,719,684.08

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,157

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 865,399.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,519,006.04

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.56981330 %     6.10654100 %    1.32364560 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.53639360 %     6.13400726 %    1.32959920 %

      BANKRUPTCY AMOUNT AVAILABLE                          50,000.00
      FRAUD AMOUNT AVAILABLE                            3,553,523.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,553,523.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.63546783
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              317.00

POOL TRADING FACTOR:                                                79.01422130


 ................................................................................


Run:        07/30/96     13:51:59                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S32 (POOL # 4126)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4126 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944UZ9    88,476,000.00    40,501,627.80     6.500000  %  1,768,247.84
A-2   760944VC9    37,300,000.00    37,300,000.00     6.500000  %          0.00
A-3   760944VD7    17,482,000.00    17,482,000.00     6.500000  %          0.00
A-4   760944VE5     5,120,000.00     5,120,000.00     6.500000  %          0.00
A-5   760944VF2    37,500,000.00    26,833,176.41     6.500000  %    183,525.69
A-6   760944VG0    64,049,000.00    55,373,316.83     6.500000  %    149,267.57
A-7   760944VH8    34,064,000.00    34,064,000.00     6.500000  %          0.00
A-8   760944VJ4    12,025,000.00             0.00     0.000000  %          0.00
A-9   760944VK1     5,069,000.00             0.00     0.000000  %          0.00
A-10  760944VA3       481,000.00             0.00     0.000000  %          0.00
A-11  760944VB1             0.00             0.00     0.253511  %          0.00
R     760944VM7           100.00             0.00     6.500000  %          0.00
M     760944VL9    10,156,500.00     8,941,782.28     6.500000  %     40,932.53
B                     781,392.32       687,937.77     6.500000  %      3,149.16

- -------------------------------------------------------------------------------
                  312,503,992.32   226,303,841.09                  2,145,122.79
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       218,901.30  1,987,149.14             0.00         0.00  38,733,379.96
A-2       201,597.29    201,597.29             0.00         0.00  37,300,000.00
A-3        94,485.90     94,485.90             0.00         0.00  17,482,000.00
A-4        27,672.33     27,672.33             0.00         0.00   5,120,000.00
A-5       145,026.69    328,552.38             0.00         0.00  26,649,650.72
A-6       299,279.10    448,546.67             0.00         0.00  55,224,049.26
A-7       184,107.50    184,107.50             0.00         0.00  34,064,000.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11       47,703.54     47,703.54             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          48,328.12     89,260.65             0.00         0.00   8,900,849.75
B           3,718.15      6,867.31             0.00         0.00     684,788.61

- -------------------------------------------------------------------------------
        1,270,819.92  3,415,942.71             0.00         0.00 224,158,718.30
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    457.769653  19.985621     2.474132    22.459753   0.000000    437.784031
A-2   1000.000000   0.000000     5.404753     5.404753   0.000000   1000.000000
A-3   1000.000000   0.000000     5.404753     5.404753   0.000000   1000.000000
A-4   1000.000000   0.000000     5.404752     5.404752   0.000000   1000.000000
A-5    715.551371   4.894018     3.867378     8.761396   0.000000    710.657353
A-6    864.546157   2.330521     4.672658     7.003179   0.000000    862.215636
A-7   1000.000000   0.000000     5.404753     5.404753   0.000000   1000.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      880.399968   4.030181     4.758344     8.788525   0.000000    876.369788
B      880.399963   4.030178     4.758340     8.788518   0.000000    876.369786

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:01                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S32 (POOL # 4126)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4126 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       51,920.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,993.15

SUBSERVICER ADVANCES THIS MONTH                                       20,814.86
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,395,810.63

 (B)  TWO MONTHLY PAYMENTS:                                    1     191,952.92

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     265,472.96


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        247,893.70

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     224,158,718.30

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          872

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,109,178.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.74478280 %     3.95122900 %    0.30398860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.72372720 %     3.97078009 %    0.30549270 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2535 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,487,037.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,696,234.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.15446523
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              140.77

POOL TRADING FACTOR:                                                71.72987348


 ................................................................................


Run:        07/30/96     13:52:02                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S34 (POOL # 4127)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4127 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944VR6    59,151,000.00    40,454,569.64     5.400000  %  1,274,731.44
A-2   760944VT2    18,171,000.00    18,171,000.00     6.450000  %          0.00
A-3   760944WL8     4,309,000.00     4,309,000.00     7.000000  %          0.00
A-4   760944WM6    34,777,700.00    33,496,926.28     7.000000  %          0.00
A-5   760944WN4       491,000.00       448,220.39     7.000000  %          0.00
A-6   760944VS4    29,197,500.00    26,829,850.30     6.000000  %          0.00
A-7   760944WW4     9,732,500.00     8,943,283.44    10.000000  %          0.00
A-8   760944WX2    20,191,500.00    17,081,606.39     5.991000  %          0.00
A-9   760944WY0     8,653,500.00     7,320,688.44     9.354335  %          0.00
A-10  760944WU8     8,704,536.00     8,704,536.00     6.750000  %          0.00
A-11  760944WV6     3,108,764.00     3,108,764.00     7.700000  %          0.00
A-12  760944WH7     4,096,000.00             0.00     7.000000  %          0.00
A-13  760944WJ3             0.00             0.00     7.000000  %          0.00
A-14  760944WK0             0.00             0.00     0.154070  %          0.00
R-I   760944WS3           100.00             0.00     7.000000  %          0.00
R-II  760944WT1           100.00             0.00     7.000000  %          0.00
M-1   760944WP9     5,348,941.00     5,188,699.16     7.000000  %      5,217.16
M-2   760944WQ7     3,209,348.00     3,113,203.40     7.000000  %      3,130.28
M-3   760944WR5     2,139,566.00     2,075,469.57     7.000000  %      2,086.85
B-1                 1,390,718.00     1,349,055.32     7.000000  %      1,356.46
B-2                   320,935.00       311,320.56     7.000000  %        313.03
B-3                   962,805.06       933,961.61     7.000000  %        939.08

- -------------------------------------------------------------------------------
                  213,956,513.06   181,840,154.50                  1,287,774.30
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       181,692.93  1,456,424.37             0.00         0.00  39,179,838.20
A-2        97,479.94     97,479.94             0.00         0.00  18,171,000.00
A-3        25,087.14     25,087.14             0.00         0.00   4,309,000.00
A-4       195,020.24    195,020.24             0.00         0.00  33,496,926.28
A-5         2,609.56      2,609.56             0.00         0.00     448,220.39
A-6       133,889.39    133,889.39             0.00         0.00  26,829,850.30
A-7        74,383.00     74,383.00             0.00         0.00   8,943,283.44
A-8        85,114.73     85,114.73             0.00         0.00  17,081,606.39
A-9        56,956.27     56,956.27             0.00         0.00   7,320,688.44
A-10       48,868.18     48,868.18             0.00         0.00   8,704,536.00
A-11       19,909.26     19,909.26             0.00         0.00   3,108,764.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       62,147.18     62,147.18             0.00         0.00           0.00
A-14       23,301.51     23,301.51             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        30,208.78     35,425.94             0.00         0.00   5,183,482.00
M-2        18,125.17     21,255.45             0.00         0.00   3,110,073.12
M-3        12,083.46     14,170.31             0.00         0.00   2,073,382.72
B-1         7,854.25      9,210.71             0.00         0.00   1,347,698.86
B-2         1,812.52      2,125.55             0.00         0.00     311,007.53
B-3         5,437.51      6,376.59             0.00         0.00     933,022.53

- -------------------------------------------------------------------------------
        1,081,981.02  2,369,755.32             0.00         0.00 180,552,380.20
===============================================================================



































Run:        07/30/96     13:52:02
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S34 (POOL # 4127)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4127 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    683.920300  21.550463     3.071680    24.622143   0.000000    662.369837
A-2   1000.000000   0.000000     5.364589     5.364589   0.000000   1000.000000
A-3   1000.000000   0.000000     5.822033     5.822033   0.000000   1000.000000
A-4    963.172558   0.000000     5.607623     5.607623   0.000000    963.172558
A-5    912.872485   0.000000     5.314786     5.314786   0.000000    912.872485
A-6    918.909163   0.000000     4.585646     4.585646   0.000000    918.909164
A-7    918.909164   0.000000     7.642743     7.642743   0.000000    918.909164
A-8    845.980060   0.000000     4.215374     4.215374   0.000000    845.980060
A-9    845.980059   0.000000     6.581877     6.581877   0.000000    845.980059
A-10  1000.000000   0.000000     5.614105     5.614105   0.000000   1000.000000
A-11  1000.000000   0.000000     6.404237     6.404237   0.000000   1000.000000
A-12     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    970.042324   0.975363     5.647619     6.622982   0.000000    969.066961
M-2    970.042326   0.975363     5.647618     6.622981   0.000000    969.066963
M-3    970.042322   0.975361     5.647622     6.622983   0.000000    969.066960
B-1    970.042323   0.975367     5.647622     6.622989   0.000000    969.066957
B-2    970.042407   0.975369     5.647623     6.622992   0.000000    969.067039
B-3    970.042274   0.975358     5.647623     6.622981   0.000000    969.066916

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:04                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S34 (POOL # 4127)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4127 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       39,056.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    19,205.41

SUBSERVICER ADVANCES THIS MONTH                                       14,405.25
MASTER SERVICER ADVANCES THIS MONTH                                    2,713.99


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,608,368.95

 (B)  TWO MONTHLY PAYMENTS:                                    2     483,309.72

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     180,552,380.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          608

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 399,902.93

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,104,936.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.86642180 %     5.70686500 %    1.42671320 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.82276600 %     5.74178963 %    1.43544430 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1529 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,886,656.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,529,668.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.53723172
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              317.46

POOL TRADING FACTOR:                                                84.38741949


 ................................................................................


Run:        07/30/96     13:52:05                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S38 (POOL # 4128)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4128 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944VN5   127,077,000.00    58,981,537.18     8.034533  %  1,795,829.94
M     760944VP0     3,025,700.00     2,875,297.22     8.034533  %      2,077.53
R     760944VQ8           100.00             0.00     8.034533  %          0.00
B-1                 3,429,100.00     3,258,644.83     8.034533  %      2,354.51
B-2                   941,300.03       173,155.96     8.034533  %        125.11

- -------------------------------------------------------------------------------
                  134,473,200.03    65,288,635.19                  1,800,387.09
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         390,017.42  2,185,847.36             0.00         0.00  57,185,707.24
M          19,013.00     21,090.53             0.00         0.00   2,873,219.69
R               0.00          0.00             0.00         0.00           0.00
B-1        21,547.90     23,902.41             0.00         0.00   3,256,290.32
B-2         1,145.00      1,270.11             0.00         0.00     173,030.85

- -------------------------------------------------------------------------------
          431,723.32  2,232,110.41             0.00         0.00  63,488,248.10
===============================================================================











Run:        07/30/96     13:52:05
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S38 (POOL # 4128)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4128 
_____________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      464.140145  14.131825     3.069142    17.200967   0.000000    450.008320
M      950.291576   0.686628     6.283835     6.970463   0.000000    949.604948
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    950.291572   0.686626     6.283835     6.970461   0.000000    949.604946
B-2    183.954058   0.132912     1.216403     1.349315   0.000000    183.821146

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:06                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S38 (POOL # 4128)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4128 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,026.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,680.82

SUBSERVICER ADVANCES THIS MONTH                                       44,444.05
MASTER SERVICER ADVANCES THIS MONTH                                   10,195.05


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,078,811.52

 (B)  TWO MONTHLY PAYMENTS:                                    2     550,476.08

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     638,088.38


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,768,313.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,488,248.10

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          213

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       5

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,374,314.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,753,213.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.33966940 %     4.40397800 %    5.25635250 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.07290160 %     4.52559297 %    5.40150540 %

      BANKRUPTCY AMOUNT AVAILABLE                          50,000.00
      FRAUD AMOUNT AVAILABLE                              852,072.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,952,200.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.42445538
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.29

POOL TRADING FACTOR:                                                47.21256584


 ................................................................................


Run:        07/30/96     13:52:07                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S41 (POOL # 4129)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4129 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944WZ7    27,102,000.00    17,881,465.91     6.848681  %    711,105.64
A-2   760944XA1    25,550,000.00    25,550,000.00     6.848681  %          0.00
A-3   760944XB9    15,000,000.00    13,126,192.49     6.848681  %    144,511.71
A-4                32,700,000.00    32,700,000.00     6.848681  %          0.00
A-5   760944XC7             0.00             0.00     0.050800  %          0.00
R     760944XD5           100.00             0.00     6.848681  %          0.00
B-1                 2,684,092.00     2,598,152.29     6.848681  %      2,659.62
B-2                 1,609,940.00     1,558,392.67     6.848681  %      1,595.26
B-3                 1,341,617.00     1,298,660.87     6.848681  %      1,329.38
B-4                   536,646.00       519,463.60     6.848681  %        531.75
B-5                   375,652.00       363,624.33     6.848681  %        372.23
B-6                   429,317.20       415,571.23     6.848681  %        425.40

- -------------------------------------------------------------------------------
                  107,329,364.20    96,011,523.39                    862,530.99
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       101,558.92    812,664.56             0.00         0.00  17,170,360.27
A-2       145,112.84    145,112.84             0.00         0.00  25,550,000.00
A-3        74,551.04    219,062.75             0.00         0.00  12,981,680.78
A-4       185,721.72    185,721.72             0.00         0.00  32,700,000.00
A-5         4,044.78      4,044.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B-1        14,756.37     17,415.99             0.00         0.00   2,595,492.67
B-2         8,850.99     10,446.25             0.00         0.00   1,556,797.41
B-3         7,375.83      8,705.21             0.00         0.00   1,297,331.49
B-4         2,950.33      3,482.08             0.00         0.00     518,931.85
B-5         2,065.23      2,437.46             0.00         0.00     363,252.10
B-6         2,360.26      2,785.66             0.00         0.00     415,145.83

- -------------------------------------------------------------------------------
          549,348.31  1,411,879.30             0.00         0.00  95,148,992.40
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    659.783998  26.238124     3.747285    29.985409   0.000000    633.545874
A-2   1000.000000   0.000000     5.679563     5.679563   0.000000   1000.000000
A-3    875.079499   9.634114     4.970069    14.604183   0.000000    865.445385
A-4   1000.000000   0.000000     5.679563     5.679563   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    967.981831   0.990883     5.497714     6.488597   0.000000    966.990949
B-2    967.981832   0.990882     5.497714     6.488596   0.000000    966.990950
B-3    967.981823   0.990879     5.497717     6.488596   0.000000    966.990945
B-4    967.981873   0.990877     5.497721     6.488598   0.000000    966.990996
B-5    967.981882   0.990891     5.497721     6.488612   0.000000    966.990992
B-6    967.981786   0.990876     5.497707     6.488583   0.000000    966.990910

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:09                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S41 (POOL # 4129)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4129 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,428.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,009.62

SUBSERVICER ADVANCES THIS MONTH                                        3,466.78
MASTER SERVICER ADVANCES THIS MONTH                                    3,128.65


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     291,397.28

 (B)  TWO MONTHLY PAYMENTS:                                    1     218,965.90

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      95,148,992.40

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          329

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 462,600.35

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      764,248.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.96556840 %     7.03443170 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.90906690 %     7.09093310 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,755.00
      FRAUD AMOUNT AVAILABLE                            1,003,804.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     536,647.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.26993093
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              319.66

POOL TRADING FACTOR:                                                88.65140785


 ................................................................................


Run:        07/30/96     13:52:10                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S35 (POOL # 4130)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4130 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944XE3     5,100,000.00     3,494,175.44     7.087055  %     44,136.29
A-2   760944XF0    25,100,000.00     9,581,581.15     7.087055  %    426,525.73
A-3   760944XG8    29,000,000.00    11,070,352.70     5.997055  %    492,798.65
A-4   760944ZC5             0.00             0.00     1.090000  %          0.00
A-5   760944XH6    52,129,000.00    52,129,000.00     7.087055  %          0.00
A-6   760944XJ2    35,266,000.00    35,266,000.00     7.087055  %          0.00
A-7   760944XK9    41,282,000.00    41,282,000.00     7.087055  %          0.00
R-I   760944XL7           100.00             0.00     7.087055  %          0.00
R-II  760944XQ6       210,347.00             0.00     7.087055  %          0.00
M-1   760944XM5     5,029,000.00     4,890,866.10     7.087055  %      4,933.14
M-2   760944XN3     3,520,000.00     3,423,314.53     7.087055  %      3,452.90
M-3   760944XP8     2,012,000.00     1,956,735.44     7.087055  %      1,973.65
B-1   760944B80     1,207,000.00     1,173,846.77     7.087055  %      1,183.99
B-2   760944B98       402,000.00       390,958.07     7.087055  %        394.34
B-3                   905,558.27       666,549.39     7.087055  %        672.32

- -------------------------------------------------------------------------------
                  201,163,005.27   165,325,379.59                    976,071.01
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        20,561.33     64,697.62             0.00         0.00   3,450,039.15
A-2        56,382.40    482,908.13             0.00         0.00   9,155,055.42
A-3        55,123.91    547,922.56             0.00         0.00  10,577,554.05
A-4        10,019.09     10,019.09             0.00         0.00           0.00
A-5       306,750.81    306,750.81             0.00         0.00  52,129,000.00
A-6       207,521.23    207,521.23             0.00         0.00  35,266,000.00
A-7       242,922.12    242,922.12             0.00         0.00  41,282,000.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        28,780.08     33,713.22             0.00         0.00   4,885,932.96
M-2        20,144.34     23,597.24             0.00         0.00   3,419,861.63
M-3        11,514.32     13,487.97             0.00         0.00   1,954,761.79
B-1         6,907.45      8,091.44             0.00         0.00   1,172,662.78
B-2         2,300.57      2,694.91             0.00         0.00     390,563.73
B-3         3,922.29      4,594.61             0.00         0.00     665,877.07

- -------------------------------------------------------------------------------
          972,849.94  1,948,920.95             0.00         0.00 164,349,308.58
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    685.132439   8.654175     4.031633    12.685808   0.000000    676.478265
A-2    381.736301  16.993057     2.246311    19.239368   0.000000    364.743244
A-3    381.736300  16.993057     1.900824    18.893881   0.000000    364.743243
A-5   1000.000000   0.000000     5.884456     5.884456   0.000000   1000.000000
A-6   1000.000000   0.000000     5.884456     5.884456   0.000000   1000.000000
A-7   1000.000000   0.000000     5.884456     5.884456   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    972.532531   0.980939     5.722824     6.703763   0.000000    971.551593
M-2    972.532537   0.980938     5.722824     6.703762   0.000000    971.551599
M-3    972.532525   0.980939     5.722823     6.703762   0.000000    971.551586
B-1    972.532535   0.980936     5.722825     6.703761   0.000000    971.551599
B-2    972.532512   0.980945     5.722811     6.703756   0.000000    971.551567
B-3    736.064605   0.742426     4.331339     5.073765   0.000000    735.322168

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:11                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S35 (POOL # 4130)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4130 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       34,296.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    18,179.59

SUBSERVICER ADVANCES THIS MONTH                                       13,572.17
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,217,733.39

 (B)  TWO MONTHLY PAYMENTS:                                    1     111,879.89

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        654,641.36

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     164,349,308.58

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          576

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      809,316.65

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.43777920 %     6.21254600 %    1.34967430 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.40054000 %     6.24313936 %    1.35632060 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,718,262.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,669,585.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.46115574
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              318.83

POOL TRADING FACTOR:                                                81.69956914


 ................................................................................


Run:        07/30/96     13:52:13                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S36 (POOL # 4131)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4131 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944YV4    35,100,000.00     1,259,246.56     6.573370  %  1,190,943.45
A-2   760944XR4     6,046,000.00     6,046,000.00     4.450000  %          0.00
A-3   760944XS2    17,312,000.00    17,312,000.00     5.065000  %          0.00
A-4   760944YL6    53,021,000.00    39,041,201.57     6.250000  %    491,985.19
A-5   760944YM4    24,343,000.00    24,343,000.00     5.900000  %          0.00
A-6   760944YN2             0.00             0.00     2.600000  %          0.00
A-7   760944XT0     4,877,000.00     4,877,000.00     5.732000  %          0.00
A-8   760944YQ5     7,400,000.00     7,400,000.00     6.478840  %          0.00
A-9   760944YR3    26,000,000.00    26,000,000.00     6.478840  %          0.00
A-10  760944YP7    11,167,000.00    11,167,000.00     6.304600  %          0.00
A-11  760944YW2    40,005,000.00    30,513,906.06     7.000000  %     71,210.89
A-12  760944YX0    16,300,192.00    11,995,104.41     6.200000  %          0.00
A-13  760944YY8     8,444,808.00     6,214,427.03     5.404600  %          0.00
A-14  760944YZ5             0.00             0.00     0.211822  %          0.00
R-I   760944YT9           100.00             0.00     6.500000  %          0.00
R-II  760944YU6           100.00             0.00     6.500000  %          0.00
M     760944YS1     8,291,600.00     7,337,384.08     6.500000  %     33,430.98
B                     777,263.95       518,217.75     6.500000  %      2,361.13

- -------------------------------------------------------------------------------
                  259,085,063.95   194,024,487.46                  1,789,931.64
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         6,879.11  1,197,822.56             0.00         0.00      68,303.11
A-2        22,359.48     22,359.48             0.00         0.00   6,046,000.00
A-3        72,871.93     72,871.93             0.00         0.00  17,312,000.00
A-4       202,785.44    694,770.63             0.00         0.00  38,549,216.38
A-5       119,360.24    119,360.24             0.00         0.00  24,343,000.00
A-6        52,599.43     52,599.43             0.00         0.00           0.00
A-7        23,232.31     23,232.31             0.00         0.00   4,877,000.00
A-8        39,843.97     39,843.97             0.00         0.00   7,400,000.00
A-9       139,992.31    139,992.31             0.00         0.00  26,000,000.00
A-10       58,509.67     58,509.67             0.00         0.00  11,167,000.00
A-11      177,512.70    248,723.59             0.00         0.00  30,442,695.17
A-12       61,805.81     61,805.81             0.00         0.00  11,995,104.41
A-13       27,912.46     27,912.46             0.00         0.00   6,214,427.03
A-14       34,155.58     34,155.58             0.00         0.00           0.00
R-I             1.74          1.74             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          39,635.85     73,066.83             0.00         0.00   7,303,953.10
B           2,799.38      5,160.51             0.00         0.00     515,816.62

- -------------------------------------------------------------------------------
        1,082,257.41  2,872,189.05             0.00         0.00 192,234,515.82
===============================================================================













































Run:        07/30/96     13:52:13
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S36 (POOL # 4131)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4131 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     35.875970  33.930013     0.195986    34.125999   0.000000      1.945958
A-2   1000.000000   0.000000     3.698227     3.698227   0.000000   1000.000000
A-3   1000.000000   0.000000     4.209331     4.209331   0.000000   1000.000000
A-4    736.334689   9.279063     3.824625    13.103688   0.000000    727.055627
A-5   1000.000000   0.000000     4.903267     4.903267   0.000000   1000.000000
A-7   1000.000000   0.000000     4.763648     4.763648   0.000000   1000.000000
A-8   1000.000000   0.000000     5.384320     5.384320   0.000000   1000.000000
A-9   1000.000000   0.000000     5.384320     5.384320   0.000000   1000.000000
A-10  1000.000000   0.000000     5.239516     5.239516   0.000000   1000.000000
A-11   762.752307   1.780050     4.437263     6.217313   0.000000    760.972258
A-12   735.887308   0.000000     3.791723     3.791723   0.000000    735.887308
A-13   735.887309   0.000000     3.305281     3.305281   0.000000    735.887309
R-I      0.000000   0.000000    17.370000    17.370000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      884.917758   4.031909     4.780241     8.812150   0.000000    880.885848
B      666.720424   3.037745     3.601556     6.639301   0.000000    663.631216

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:14                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S36 (POOL # 4131)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4131 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       47,238.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,180.69

SUBSERVICER ADVANCES THIS MONTH                                       17,411.35
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     967,264.32

 (B)  TWO MONTHLY PAYMENTS:                                    2     531,478.84

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        282,627.32

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     192,234,515.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          788

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      905,946.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.95123180 %     3.78167900 %    0.26708880 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.93217190 %     3.79950139 %    0.26832670 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2115 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,086,802.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,086,802.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.12950684
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              141.57

POOL TRADING FACTOR:                                                74.19745194


 ................................................................................


Run:        07/30/96     13:52:16                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S37 (POOL # 4132)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4132 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944ZL5    53,944,000.00    19,137,102.94     7.000000  %  1,595,595.57
A-2   760944ZE1    29,037,000.00    29,037,000.00     6.200000  %          0.00
A-3   760944ZF8    36,634,000.00    36,634,000.00     6.400000  %          0.00
A-4   760944ZG6    18,679,000.00    18,679,000.00     6.650000  %          0.00
A-5   760944ZH4    43,144,000.00    43,144,000.00     6.950000  %          0.00
A-6   760944ZJ0    21,561,940.00    21,561,940.00     6.150000  %          0.00
A-7   760944ZK7             0.00             0.00     3.350000  %          0.00
A-8   760944ZP6    17,000,000.00    17,000,000.00     7.000000  %          0.00
A-9   760944ZQ4    21,000,000.00    21,000,000.00     7.000000  %          0.00
A-10  760944ZM3     9,767,000.00     9,767,000.00     7.000000  %          0.00
A-11  760944ZN1             0.00             0.00     0.124267  %          0.00
R-I   760944ZV3           100.00             0.00     7.000000  %          0.00
R-II  760944ZU5           100.00             0.00     7.000000  %          0.00
M-1   760944ZR2     6,687,200.00     6,477,042.11     7.000000  %      6,378.33
M-2   760944ZS0     4,012,200.00     3,886,109.04     7.000000  %      3,826.88
M-3   760944ZT8     2,674,800.00     2,590,739.38     7.000000  %      2,551.26
B-1                 1,604,900.00     1,554,462.99     7.000000  %      1,530.77
B-2                   534,900.00       518,089.75     7.000000  %        510.19
B-3                 1,203,791.32       984,603.12     7.000000  %        969.61

- -------------------------------------------------------------------------------
                  267,484,931.32   231,971,089.33                  1,611,362.61
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       111,205.50  1,706,801.07             0.00         0.00  17,541,507.37
A-2       149,449.84    149,449.84             0.00         0.00  29,037,000.00
A-3       194,632.94    194,632.94             0.00         0.00  36,634,000.00
A-4       103,116.29    103,116.29             0.00         0.00  18,679,000.00
A-5       248,918.54    248,918.54             0.00         0.00  43,144,000.00
A-6       110,081.66    110,081.66             0.00         0.00  21,561,940.00
A-7        59,963.18     59,963.18             0.00         0.00           0.00
A-8        98,786.82     98,786.82             0.00         0.00  17,000,000.00
A-9       122,030.77    122,030.77             0.00         0.00  21,000,000.00
A-10       56,755.93     56,755.93             0.00         0.00   9,767,000.00
A-11       23,929.85     23,929.85             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        37,638.03     44,016.36             0.00         0.00   6,470,663.78
M-2        22,582.14     26,409.02             0.00         0.00   3,882,282.16
M-3        15,054.76     17,606.02             0.00         0.00   2,588,188.12
B-1         9,032.97     10,563.74             0.00         0.00   1,552,932.22
B-2         3,010.61      3,520.80             0.00         0.00     517,579.56
B-3         5,721.49      6,691.10             0.00         0.00     983,633.51

- -------------------------------------------------------------------------------
        1,371,911.32  2,983,273.93             0.00         0.00 230,359,726.72
===============================================================================









































Run:        07/30/96     13:52:16
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S37 (POOL # 4132)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4132 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    354.758693  29.578740     2.061499    31.640239   0.000000    325.179953
A-2   1000.000000   0.000000     5.146876     5.146876   0.000000   1000.000000
A-3   1000.000000   0.000000     5.312904     5.312904   0.000000   1000.000000
A-4   1000.000000   0.000000     5.520440     5.520440   0.000000   1000.000000
A-5   1000.000000   0.000000     5.769482     5.769482   0.000000   1000.000000
A-6   1000.000000   0.000000     5.105369     5.105369   0.000000   1000.000000
A-8   1000.000000   0.000000     5.810989     5.810989   0.000000   1000.000000
A-9   1000.000000   0.000000     5.810989     5.810989   0.000000   1000.000000
A-10  1000.000000   0.000000     5.810989     5.810989   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    968.573111   0.953812     5.628369     6.582181   0.000000    967.619300
M-2    968.573112   0.953811     5.628368     6.582179   0.000000    967.619301
M-3    968.573119   0.953813     5.628368     6.582181   0.000000    967.619306
B-1    968.573114   0.953810     5.628369     6.582179   0.000000    967.619303
B-2    968.573098   0.953804     5.628360     6.582164   0.000000    967.619293
B-3    817.918441   0.805439     4.752917     5.558356   0.000000    817.112978

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:17                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S37 (POOL # 4132)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4132 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       56,066.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    24,795.03

SUBSERVICER ADVANCES THIS MONTH                                       22,717.30
MASTER SERVICER ADVANCES THIS MONTH                                    1,892.42


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,867,749.12

 (B)  TWO MONTHLY PAYMENTS:                                    2     424,387.85

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,022,486.59

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     230,359,726.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          801

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 280,116.70

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,382,926.77

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.09782680 %     5.58426900 %    1.31790380 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.05639070 %     5.61779363 %    1.32581560 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1243 %

      BANKRUPTCY AMOUNT AVAILABLE                         123,629.00
      FRAUD AMOUNT AVAILABLE                            2,389,313.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,062,558.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.54114391
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              319.04

POOL TRADING FACTOR:                                                86.12063700


 ................................................................................


Run:        07/30/96     13:52:19                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S39 (POOL # 4133)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4133 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944ZA9    80,454,000.00    66,929,852.83     6.000000  %    540,538.13
A-2   760944ZB7             0.00             0.00     3.000000  %          0.00
A-3   760944ZD3    59,980,000.00    43,450,500.90     5.500000  %    720,717.50
A-4   760944A57    42,759,000.00    34,356,514.27     7.000000  %          0.00
A-5   760944A65    10,837,000.00    10,837,000.00     7.000000  %          0.00
A-6   760944A73     2,545,000.00     2,545,000.00     7.000000  %          0.00
A-7   760944A81     6,380,000.00     6,380,000.00     7.000000  %          0.00
A-8   760944A99    15,309,000.00     6,906,514.27     7.000000  %          0.00
A-9   760944B23    39,415,000.00    39,415,000.00     6.400000  %          0.00
A-10  760944ZW1    11,262,000.00    11,262,000.00     9.099893  %          0.00
A-11  760944ZX9     2,727,000.00     2,404,993.47     0.000000  %          0.00
A-12  760944ZY7     5,930,000.00     5,930,000.00     0.000000  %          0.00
A-13  760944ZZ4     1,477,000.00     1,477,000.00     0.000000  %          0.00
A-14  760944A24    16,789,000.00    16,789,000.00     7.000000  %          0.00
A-15  760944A32     5,017,677.85     4,536,108.01     0.000000  %     17,545.26
A-16  760944A40             0.00             0.00     0.077688  %          0.00
R-I   760944B64           100.00             0.00     7.000000  %          0.00
R-II  760944B72           100.00             0.00     7.000000  %          0.00
M-1   760944B31     7,202,600.00     6,985,756.29     7.000000  %      7,115.74
M-2   760944B49     4,801,400.00     4,656,847.56     7.000000  %      4,743.49
M-3   760944B56     3,200,900.00     3,104,532.73     7.000000  %      3,162.30
B-1                 1,920,600.00     1,862,777.81     7.000000  %      1,897.44
B-2                   640,200.00       620,925.95     7.000000  %        632.48
B-3                 1,440,484.07     1,287,561.01     7.000000  %      1,311.52

- -------------------------------------------------------------------------------
                  320,088,061.92   271,737,885.10                  1,297,663.86
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       333,733.76    874,271.89             0.00         0.00  66,389,314.70
A-2       166,866.88    166,866.88             0.00         0.00           0.00
A-3       198,603.32    919,320.82             0.00         0.00  42,729,783.40
A-4       199,864.73    199,864.73             0.00         0.00  34,356,514.27
A-5        63,042.89     63,042.89             0.00         0.00  10,837,000.00
A-6        14,805.22     14,805.22             0.00         0.00   2,545,000.00
A-7        37,114.86     37,114.86             0.00         0.00   6,380,000.00
A-8        40,177.78     40,177.78             0.00         0.00   6,906,514.27
A-9       209,638.25    209,638.25             0.00         0.00  39,415,000.00
A-10       85,168.86     85,168.86             0.00         0.00  11,262,000.00
A-11            0.00          0.00             0.00         0.00   2,404,993.47
A-12            0.00          0.00             0.00         0.00   5,930,000.00
A-13            0.00          0.00             0.00         0.00   1,477,000.00
A-14       97,667.91     97,667.91             0.00         0.00  16,789,000.00
A-15            0.00     17,545.26             0.00         0.00   4,518,562.75
A-16       17,544.16     17,544.16             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        40,638.77     47,754.51             0.00         0.00   6,978,640.55
M-2        27,090.62     31,834.11             0.00         0.00   4,652,104.07
M-3        18,060.23     21,222.53             0.00         0.00   3,101,370.43
B-1        10,836.47     12,733.91             0.00         0.00   1,860,880.37
B-2         3,612.16      4,244.64             0.00         0.00     620,293.47
B-3         7,490.22      8,801.74             0.00         0.00   1,286,249.50

- -------------------------------------------------------------------------------
        1,571,957.09  2,869,620.95             0.00         0.00 270,440,221.25
===============================================================================































Run:        07/30/96     13:52:19
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S39 (POOL # 4133)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4133 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    831.902116   6.718599     4.148131    10.866730   0.000000    825.183517
A-3    724.416487  12.015964     3.311159    15.327123   0.000000    712.400524
A-4    803.491996   0.000000     4.674214     4.674214   0.000000    803.491996
A-5   1000.000000   0.000000     5.817375     5.817375   0.000000   1000.000000
A-6   1000.000000   0.000000     5.817375     5.817375   0.000000   1000.000000
A-7   1000.000000   0.000000     5.817376     5.817376   0.000000   1000.000000
A-8    451.140785   0.000000     2.624455     2.624455   0.000000    451.140785
A-9   1000.000000   0.000000     5.318743     5.318743   0.000000   1000.000000
A-10  1000.000000   0.000000     7.562499     7.562499   0.000000   1000.000000
A-11   881.919131   0.000000     0.000000     0.000000   0.000000    881.919131
A-12  1000.000000   0.000000     0.000000     0.000000   0.000000   1000.000000
A-13  1000.000000   0.000000     0.000000     0.000000   0.000000   1000.000000
A-14  1000.000000   0.000000     5.817375     5.817375   0.000000   1000.000000
A-15   904.025357   3.496689     0.000000     3.496689   0.000000    900.528668
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    969.893690   0.987940     5.642236     6.630176   0.000000    968.905749
M-2    969.893689   0.987939     5.642234     6.630173   0.000000    968.905750
M-3    969.893696   0.987941     5.642235     6.630176   0.000000    968.905755
B-1    969.893684   0.987941     5.642232     6.630173   0.000000    968.905743
B-2    969.893705   0.987941     5.642237     6.630178   0.000000    968.905764
B-3    893.839118   0.910472     5.199794     6.110266   0.000000    892.928653

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:21                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S39 (POOL # 4133)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4133 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       73,810.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    29,568.09

SUBSERVICER ADVANCES THIS MONTH                                       24,181.28
MASTER SERVICER ADVANCES THIS MONTH                                    1,879.38


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,603,553.88

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     603,245.53


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,364,943.90

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     270,440,221.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          959

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 273,067.01

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,020,672.86

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.06950670 %     5.51910100 %    1.41139210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.04323740 %     5.44745711 %    1.41674180 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,825,577.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,494,485.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.41301204
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              319.06

POOL TRADING FACTOR:                                                84.48931823


 ................................................................................


Run:        07/30/96     13:52:23                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S42 (POOL # 4134)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4134 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944XU7    34,827,000.00    16,728,243.91     6.000000  %  1,070,877.38
A-2   760944XZ6    23,385,000.00    23,385,000.00     6.000000  %          0.00
A-3   760944YA0    35,350,000.00    35,350,000.00     6.000000  %          0.00
A-4   760944YG7     3,602,000.00     3,602,000.00     6.000000  %          0.00
A-5   760944YB8    10,125,000.00    10,125,000.00     6.000000  %          0.00
A-6   760944YC6    25,000,000.00    14,471,035.75     6.000000  %          0.00
A-7   760944YD4     5,342,000.00     4,895,202.95     6.000000  %          0.00
A-8   760944YE2     9,228,000.00     8,639,669.72     5.891000  %          0.00
A-9   760944YF9     3,770,880.00     3,530,467.90     5.283450  %          0.00
A-10  760944XV5     1,612,120.00     1,509,339.44     8.300000  %          0.00
A-11  760944XW3     1,692,000.00     1,692,000.00     5.991000  %          0.00
A-12  760944XX1       987,000.00       987,000.00     6.015429  %          0.00
A-13  760944XY9             0.00             0.00     0.374386  %          0.00
R     760944YK8       109,869.00             0.00     6.000000  %          0.00
M-1   760944YH5     2,008,172.00     1,773,457.34     6.000000  %      8,132.99
M-2   760944YJ1     3,132,748.00     2,766,593.11     6.000000  %     12,687.46
B                     481,961.44       425,629.88     6.000000  %      1,951.92

- -------------------------------------------------------------------------------
                  160,653,750.44   129,880,640.00                  1,093,649.75
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        83,475.51  1,154,352.89             0.00         0.00  15,657,366.53
A-2       116,693.35    116,693.35             0.00         0.00  23,385,000.00
A-3       176,399.83    176,399.83             0.00         0.00  35,350,000.00
A-4        17,974.32     17,974.32             0.00         0.00   3,602,000.00
A-5        50,524.70     50,524.70             0.00         0.00  10,125,000.00
A-6        72,211.83     72,211.83             0.00         0.00  14,471,035.75
A-7        24,427.52     24,427.52             0.00         0.00   4,895,202.95
A-8        42,329.55     42,329.55             0.00         0.00   8,639,669.72
A-9        15,513.41     15,513.41             0.00         0.00   3,530,467.90
A-10       10,418.92     10,418.92             0.00         0.00   1,509,339.44
A-11        8,430.57      8,430.57             0.00         0.00   1,692,000.00
A-12        4,937.89      4,937.89             0.00         0.00     987,000.00
A-13       40,441.00     40,441.00             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,849.72     16,982.71             0.00         0.00   1,765,324.35
M-2        13,805.56     26,493.02             0.00         0.00   2,753,905.65
B           2,123.96      4,075.88             0.00         0.00     423,677.96

- -------------------------------------------------------------------------------
          688,557.64  1,782,207.39             0.00         0.00 128,786,990.25
===============================================================================















































Run:        07/30/96     13:52:23
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S42 (POOL # 4134)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4134 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    480.323999  30.748482     2.396862    33.145344   0.000000    449.575517
A-2   1000.000000   0.000000     4.990094     4.990094   0.000000   1000.000000
A-3   1000.000000   0.000000     4.990094     4.990094   0.000000   1000.000000
A-4   1000.000000   0.000000     4.990094     4.990094   0.000000   1000.000000
A-5   1000.000000   0.000000     4.990094     4.990094   0.000000   1000.000000
A-6    578.841430   0.000000     2.888473     2.888473   0.000000    578.841430
A-7    916.361466   0.000000     4.572729     4.572729   0.000000    916.361466
A-8    936.245093   0.000000     4.587077     4.587077   0.000000    936.245093
A-9    936.245094   0.000000     4.114003     4.114003   0.000000    936.245094
A-10   936.245093   0.000000     6.462869     6.462869   0.000000    936.245093
A-11  1000.000000   0.000000     4.982606     4.982606   0.000000   1000.000000
A-12  1000.000000   0.000000     5.002928     5.002928   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    883.120241   4.049947     4.406854     8.456801   0.000000    879.070294
M-2    883.120222   4.049946     4.406853     8.456799   0.000000    879.070276
B      883.120193   4.049951     4.406846     8.456797   0.000000    879.070243

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:24                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S42 (POOL # 4134)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4134 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       25,763.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,803.97

SUBSERVICER ADVANCES THIS MONTH                                        8,453.89
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     843,982.05

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     128,786,990.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          480

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      498,023.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.17673560 %     0.32770800 %    3.49555600 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.16195090 %     0.32897574 %    3.50907340 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3752 %

      BANKRUPTCY AMOUNT AVAILABLE                          50,000.00
      FRAUD AMOUNT AVAILABLE                            1,377,748.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,027,027.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.73873189
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              142.80

POOL TRADING FACTOR:                                                80.16432228


 ................................................................................


Run:        07/30/96     13:52:25                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S40 (POOL # 4135)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4135 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944C22   135,538,060.00    96,118,151.83     5.900000  %  1,058,052.53
A-2   760944C30             0.00             0.00     1.600000  %          0.00
A-3   760944C48    30,006,995.00    15,955,424.13     4.750000  %    396,772.92
A-4   760944C55             0.00             0.00     1.600000  %          0.00
A-5   760944C63    62,167,298.00    59,913,758.57     6.200000  %          0.00
A-6   760944C71     6,806,687.00     6,579,267.84     6.200000  %          0.00
A-7   760944C89    24,699,888.00    24,049,823.12     6.600000  %          0.00
A-8   760944C97    56,909,924.00    56,380,504.44     6.750000  %          0.00
A-9   760944D21    46,180,148.00    45,444,777.35     6.750000  %          0.00
A-10  760944D39    38,299,000.00    39,897,841.06     6.750000  %          0.00
A-11  760944D47     4,850,379.00     4,326,807.51     0.000000  %     28,124.71
A-12  760944D54             0.00             0.00     0.134563  %          0.00
R-I   760944D70           100.00             0.00     6.750000  %          0.00
R-II  760944D88           100.00             0.00     6.750000  %          0.00
M-1   760944D96    10,812,500.00    10,507,335.52     6.750000  %     11,076.09
M-2   760944E20     6,487,300.00     6,304,206.97     6.750000  %      6,645.45
M-3   760944E38     4,325,000.00     4,202,934.23     6.750000  %      4,430.43
B-1                 2,811,100.00     2,731,761.47     6.750000  %      2,879.63
B-2                   865,000.00       840,586.85     6.750000  %        886.09
B-3                 1,730,037.55     1,506,811.24     6.750000  %      1,588.37

- -------------------------------------------------------------------------------
                  432,489,516.55   374,759,992.13                  1,510,456.22
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       471,943.85  1,529,996.38             0.00         0.00  95,060,099.30
A-2        56,653.47     56,653.47             0.00         0.00           0.00
A-3        63,071.75    459,844.67             0.00         0.00  15,558,651.21
A-4        71,331.31     71,331.31             0.00         0.00           0.00
A-5       309,137.13    309,137.13             0.00         0.00  59,913,758.57
A-6        33,947.06     33,947.06             0.00         0.00   6,579,267.84
A-7       132,095.72    132,095.72             0.00         0.00  24,049,823.12
A-8       316,712.82    316,712.82             0.00         0.00  56,380,504.44
A-9       255,282.27    255,282.27             0.00         0.00  45,444,777.35
A-10            0.00          0.00       224,122.82         0.00  40,121,963.88
A-11            0.00     28,124.71             0.00         0.00   4,298,682.80
A-12       41,968.07     41,968.07             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        59,024.09     70,100.18             0.00         0.00  10,496,259.43
M-2        35,413.36     42,058.81             0.00         0.00   6,297,561.52
M-3        23,609.64     28,040.07             0.00         0.00   4,198,503.80
B-1        15,345.45     18,225.08             0.00         0.00   2,728,881.84
B-2         4,721.93      5,608.02             0.00         0.00     839,700.76
B-3         8,464.38     10,052.75             0.00         0.00   1,433,406.93

- -------------------------------------------------------------------------------
        1,898,722.30  3,409,178.52       224,122.82         0.00 373,401,842.79
===============================================================================







































Run:        07/30/96     13:52:25
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S40 (POOL # 4135)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4135 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    709.159861   7.806313     3.482002    11.288315   0.000000    701.353548
A-3    531.723491  13.222681     2.101902    15.324583   0.000000    518.500810
A-5    963.750404   0.000000     4.972665     4.972665   0.000000    963.750404
A-6    966.588862   0.000000     4.987310     4.987310   0.000000    966.588862
A-7    973.681464   0.000000     5.348029     5.348029   0.000000    973.681465
A-8    990.697237   0.000000     5.565160     5.565160   0.000000    990.697237
A-9    984.076044   0.000000     5.527966     5.527966   0.000000    984.076044
A-10  1041.746287   0.000000     0.000000     0.000000   5.851924   1047.598211
A-11   892.055551   5.798456     0.000000     5.798456   0.000000    886.257095
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    971.776695   1.024378     5.458875     6.483253   0.000000    970.752317
M-2    971.776698   1.024378     5.458875     6.483253   0.000000    970.752319
M-3    971.776701   1.024377     5.458876     6.483253   0.000000    970.752324
B-1    971.776696   1.024378     5.458877     6.483255   0.000000    970.752318
B-2    971.776705   1.024382     5.458879     6.483261   0.000000    970.752324
B-3    870.970251   0.918113     4.892599     5.810712   0.000000    828.540935

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:27                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S40 (POOL # 4135)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4135 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      110,394.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    39,570.63

SUBSERVICER ADVANCES THIS MONTH                                       29,857.83
MASTER SERVICER ADVANCES THIS MONTH                                    4,707.80


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,836,483.04

 (B)  TWO MONTHLY PAYMENTS:                                    3     815,296.40

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        875,379.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     373,401,842.79

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,365

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 692,114.93

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      827,736.61

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.95591290 %     5.67294700 %    1.37114050 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.95743920 %     5.62191247 %    1.35517390 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1347 %

      BANKRUPTCY AMOUNT AVAILABLE                         115,508.00
      FRAUD AMOUNT AVAILABLE                            3,883,320.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,541,600.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.28691462
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              318.70

POOL TRADING FACTOR:                                                86.33777895


 ................................................................................


Run:        07/30/96     13:52:29                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S43 (POOL # 4136)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4136 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944E87    48,353,000.00    25,084,626.79     6.500000  %  1,351,504.75
A-2   760944E95    16,042,000.00    16,042,000.00    10.000000  %          0.00
A-3   760944F29    34,794,000.00    34,794,000.00     5.950000  %          0.00
A-4   760944F37    36,624,000.00    36,624,000.00     5.950000  %          0.00
A-5   760944F45    30,674,000.00    30,674,000.00     5.950000  %          0.00
A-6   760944F52    12,692,000.00    12,692,000.00     6.500000  %          0.00
A-7   760944F60    32,418,000.00    32,418,000.00     6.500000  %          0.00
A-8   760944F78     2,916,000.00     2,916,000.00     6.500000  %          0.00
A-9   760944F86     3,638,000.00     3,638,000.00     6.500000  %          0.00
A-10  760944F94    26,700,000.00    25,960,604.26     6.500000  %     26,537.77
A-11  760944G28             0.00             0.00     0.339697  %          0.00
R     760944G36     5,463,000.00        33,095.68     6.500000  %          0.00
M-1   760944G44     6,675,300.00     6,490,442.76     6.500000  %      6,634.74
M-2   760944G51     4,005,100.00     3,894,187.85     6.500000  %      3,980.77
M-3   760944G69     2,670,100.00     2,596,157.64     6.500000  %      2,653.88
B-1                 1,735,600.00     1,687,536.51     6.500000  %      1,725.05
B-2                   534,100.00       519,309.31     6.500000  %        530.85
B-3                 1,068,099.02     1,021,847.33     6.500000  %      1,044.57

- -------------------------------------------------------------------------------
                  267,002,299.02   237,085,808.13                  1,394,612.38
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       135,547.39  1,487,052.14             0.00         0.00  23,733,122.04
A-2       133,360.94    133,360.94             0.00         0.00  16,042,000.00
A-3       172,104.20    172,104.20             0.00         0.00  34,794,000.00
A-4       181,156.07    181,156.07             0.00         0.00  36,624,000.00
A-5       151,725.14    151,725.14             0.00         0.00  30,674,000.00
A-6        68,582.54     68,582.54             0.00         0.00  12,692,000.00
A-7       175,174.03    175,174.03             0.00         0.00  32,418,000.00
A-8        15,756.91     15,756.91             0.00         0.00   2,916,000.00
A-9        19,658.31     19,658.31             0.00         0.00   3,638,000.00
A-10      140,280.82    166,818.59             0.00         0.00  25,934,066.49
A-11       66,952.50     66,952.50             0.00         0.00           0.00
R               3.00          3.00           178.84         0.00      33,274.52
M-1        35,071.78     41,706.52             0.00         0.00   6,483,808.02
M-2        21,042.65     25,023.42             0.00         0.00   3,890,207.08
M-3        14,028.61     16,682.49             0.00         0.00   2,593,503.76
B-1         9,118.78     10,843.83             0.00         0.00   1,685,811.46
B-2         2,806.15      3,337.00             0.00         0.00     518,778.46
B-3         5,521.66      6,566.23             0.00         0.00   1,020,802.76

- -------------------------------------------------------------------------------
        1,347,891.48  2,742,503.86           178.84         0.00 235,691,374.59
===============================================================================












































Run:        07/30/96     13:52:29
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S43 (POOL # 4136)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4136 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    518.781188  27.950794     2.803288    30.754082   0.000000    490.830394
A-2   1000.000000   0.000000     8.313237     8.313237   0.000000   1000.000000
A-3   1000.000000   0.000000     4.946376     4.946376   0.000000   1000.000000
A-4   1000.000000   0.000000     4.946376     4.946376   0.000000   1000.000000
A-5   1000.000000   0.000000     4.946376     4.946376   0.000000   1000.000000
A-6   1000.000000   0.000000     5.403604     5.403604   0.000000   1000.000000
A-7   1000.000000   0.000000     5.403604     5.403604   0.000000   1000.000000
A-8   1000.000000   0.000000     5.403604     5.403604   0.000000   1000.000000
A-9   1000.000000   0.000000     5.403604     5.403604   0.000000   1000.000000
A-10   972.307276   0.993924     5.253963     6.247887   0.000000    971.313352
R        6.058151   0.000000     0.000549     0.000549   0.032737      6.090888
M-1    972.307276   0.993924     5.253963     6.247887   0.000000    971.313352
M-2    972.307271   0.993925     5.253964     6.247889   0.000000    971.313346
M-3    972.307269   0.993925     5.253964     6.247889   0.000000    971.313344
B-1    972.307277   0.993921     5.253964     6.247885   0.000000    971.313356
B-2    972.307265   0.993915     5.253979     6.247894   0.000000    971.313350
B-3    956.697189   0.977971     5.169614     6.147585   0.000000    955.719218

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:31                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S43 (POOL # 4136)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4136 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       61,814.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    25,098.73

SUBSERVICER ADVANCES THIS MONTH                                       16,736.11
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,271,928.82

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,231,115.27

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     235,691,374.59

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          853

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,152,076.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.16303180 %     5.47514400 %    1.36182470 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.12961220 %     5.50190642 %    1.36848140 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3382 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,450,803.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,868,057.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.27670733
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              320.59

POOL TRADING FACTOR:                                                88.27316299


 ................................................................................


Run:        07/30/96     13:52:32                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S44 (POOL # 4137)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4137 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944G77    10,000,000.00     8,774,439.82     6.500000  %     47,870.44
A-2   760944G85    50,000,000.00    39,329,157.33     6.375000  %    416,803.62
A-3   760944G93    16,984,000.00    14,835,511.11     6.050000  %     83,920.08
A-4   760944H27             0.00             0.00     2.950000  %          0.00
A-5   760944H35    85,916,000.00    75,822,068.75     6.100000  %    394,269.43
A-6   760944H43    14,762,000.00    14,762,000.00     6.375000  %          0.00
A-7   760944H50    18,438,000.00    18,438,000.00     6.500000  %          0.00
A-8   760944H68     5,660,000.00     5,660,000.00     6.500000  %          0.00
A-9   760944H76    10,645,000.00     9,362,278.19     5.991000  %          0.00
A-10  760944H84     5,731,923.00     5,041,226.65     7.445271  %          0.00
A-11  760944H92     5,000,000.00     4,397,500.33     6.191000  %          0.00
A-12  760944J25     1,923,077.00     1,691,346.35     7.303400  %          0.00
A-13  760944J33             0.00             0.00     0.315580  %          0.00
R-I   760944J41           100.00             0.00     6.500000  %          0.00
R-II  760944J58           100.00             0.00     6.500000  %          0.00
M-1   760944J66     6,004,167.00     5,837,558.60     6.500000  %      6,095.52
M-2   760944J74     3,601,003.00     3,501,079.51     6.500000  %      3,655.79
M-3   760944J82     2,400,669.00     2,334,053.31     6.500000  %      2,437.20
B-1   760944J90     1,560,435.00     1,517,134.79     6.500000  %      1,584.18
B-2   760944K23       480,134.00       466,810.85     6.500000  %        487.44
B-3   760944K31       960,268.90       933,622.63     6.500000  %        974.87

- -------------------------------------------------------------------------------
                  240,066,876.90   212,703,788.22                    958,098.57
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        47,485.83     95,356.27             0.00         0.00   8,726,569.38
A-2       208,749.80    625,553.42             0.00         0.00  38,912,353.71
A-3        74,728.99    158,649.07             0.00         0.00  14,751,591.03
A-4        36,438.10     36,438.10             0.00         0.00           0.00
A-5       385,085.09    779,354.52             0.00         0.00  75,427,799.32
A-6        78,353.19     78,353.19             0.00         0.00  14,762,000.00
A-7        99,783.43     99,783.43             0.00         0.00  18,438,000.00
A-8        30,630.99     30,630.99             0.00         0.00   5,660,000.00
A-9        46,699.48     46,699.48             0.00         0.00   9,362,278.19
A-10       31,249.85     31,249.85             0.00         0.00   5,041,226.65
A-11       22,667.21     22,667.21             0.00         0.00   4,397,500.33
A-12       10,284.64     10,284.64             0.00         0.00   1,691,346.35
A-13       55,887.57     55,887.57             0.00         0.00           0.00
R-I             1.26          1.26             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        31,591.91     37,687.43             0.00         0.00   5,831,463.08
M-2        18,947.27     22,603.06             0.00         0.00   3,497,423.72
M-3        12,631.51     15,068.71             0.00         0.00   2,331,616.11
B-1         8,210.48      9,794.66             0.00         0.00   1,515,550.61
B-2         2,526.30      3,013.74             0.00         0.00     466,323.41
B-3         5,052.61      6,027.48             0.00         0.00     932,647.76

- -------------------------------------------------------------------------------
        1,207,005.51  2,165,104.08             0.00         0.00 211,745,689.65
===============================================================================





































Run:        07/30/96     13:52:32
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S44 (POOL # 4137)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4137 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    877.443982   4.787044     4.748583     9.535627   0.000000    872.656938
A-2    786.583147   8.336072     4.174996    12.511068   0.000000    778.247074
A-3    873.499241   4.941126     4.399964     9.341090   0.000000    868.558115
A-5    882.513953   4.589011     4.482111     9.071122   0.000000    877.924942
A-6   1000.000000   0.000000     5.307763     5.307763   0.000000   1000.000000
A-7   1000.000000   0.000000     5.411836     5.411836   0.000000   1000.000000
A-8   1000.000000   0.000000     5.411836     5.411836   0.000000   1000.000000
A-9    879.500065   0.000000     4.386987     4.386987   0.000000    879.500065
A-10   879.500065   0.000000     5.451896     5.451896   0.000000    879.500065
A-11   879.500066   0.000000     4.533442     4.533442   0.000000    879.500066
A-12   879.500067   0.000000     5.348013     5.348013   0.000000    879.500067
R-I      0.000000   0.000000    12.640000    12.640000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    972.251205   1.015215     5.261664     6.276879   0.000000    971.235990
M-2    972.251206   1.015214     5.261665     6.276879   0.000000    971.235992
M-3    972.251197   1.015217     5.261662     6.276879   0.000000    971.235981
B-1    972.251193   1.015217     5.261661     6.276878   0.000000    971.235976
B-2    972.251184   1.015217     5.261656     6.276873   0.000000    971.235968
B-3    972.251241   1.015216     5.261662     6.276878   0.000000    971.236026

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:34                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S44 (POOL # 4137)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4137 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       55,060.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,442.36

SUBSERVICER ADVANCES THIS MONTH                                       23,275.09
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,209,867.16

 (B)  TWO MONTHLY PAYMENTS:                                    1      78,866.87

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,100,068.57

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     211,745,689.65

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          784

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      735,995.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.14057370 %     5.48776800 %    1.37165790 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.11673130 %     5.50684310 %    1.37642560 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3156 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,194,557.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,250,259.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.25132735
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              318.82

POOL TRADING FACTOR:                                                88.20279265


 ................................................................................


Run:        07/30/96     13:52:35                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S46 (POOL # 4138)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4138 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944E46   125,806,700.00    59,542,132.99     8.001365  %     54,748.19
M-1   760944E61     2,987,500.00     2,841,420.42     8.001365  %      2,261.11
M-2   760944E79     1,991,700.00     1,894,311.99     8.001365  %      1,507.43
R     760944E53           100.00             0.00     8.001365  %          0.00
B-1                   863,100.00       820,897.06     8.001365  %        653.24
B-2                   332,000.00       315,766.20     8.001365  %        251.28
B-3                   796,572.42       597,479.31     8.001365  %        475.46

- -------------------------------------------------------------------------------
                  132,777,672.42    66,012,007.97                     59,896.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         396,970.89    451,719.08             0.00         0.00  59,487,384.80
M-1        18,943.91     21,205.02             0.00         0.00   2,839,159.31
M-2        12,629.49     14,136.92             0.00         0.00   1,892,804.56
R               0.00          0.00             0.00         0.00           0.00
B-1         5,472.97      6,126.21             0.00         0.00     820,243.82
B-2         2,105.23      2,356.51             0.00         0.00     315,514.92
B-3         3,983.44      4,458.90             0.00         0.00     597,003.85

- -------------------------------------------------------------------------------
          440,105.93    500,002.64             0.00         0.00  65,952,111.26
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      473.282687   0.435177     3.155403     3.590580   0.000000    472.847510
M-1    951.103069   0.756857     6.341058     7.097915   0.000000    950.346213
M-2    951.103073   0.756856     6.341060     7.097916   0.000000    950.346217
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    951.103070   0.756853     6.341061     7.097914   0.000000    950.346217
B-2    951.103012   0.756867     6.341054     7.097921   0.000000    950.346145
B-3    750.062763   0.596870     5.000700     5.597570   0.000000    749.465880

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:36                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S46 (POOL # 4138)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4138 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,426.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,798.76

SUBSERVICER ADVANCES THIS MONTH                                       26,526.26
MASTER SERVICER ADVANCES THIS MONTH                                    8,638.21


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,899,733.59

 (B)  TWO MONTHLY PAYMENTS:                                    3     730,547.23

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        906,666.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      65,952,111.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          237

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       5

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,215,230.01

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        7,366.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.19894230 %     7.17404700 %    2.62701080 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.19784760 %     7.17484820 %    2.62730420 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              882,726.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,729,841.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.43339962
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              326.19

POOL TRADING FACTOR:                                                49.67108555


 ................................................................................


Run:        07/30/96     13:52:37                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S45 (POOL # 4139)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4139 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944M21    30,000,000.00    21,448,912.30     6.500000  %    321,728.01
A-2   760944M39    10,308,226.00     6,637,250.62     5.200000  %    255,404.59
A-3   760944M47    53,602,774.00    34,513,702.45     6.750000  %  1,328,103.84
A-4   760944M54    19,600,000.00    16,110,014.54     6.500000  %    242,812.39
A-5   760944M62    12,599,000.00    12,599,000.00     6.500000  %          0.00
A-6   760944M70    44,516,000.00    44,516,000.00     6.500000  %          0.00
A-7   760944M88    39,061,000.00    26,404,579.22     6.500000  %    431,498.08
A-8   760944M96   122,726,000.00   104,056,799.20     6.500000  %    636,493.08
A-9   760944N20    19,481,177.00    19,481,177.00     6.300000  %          0.00
A-10  760944N38    10,930,823.00    10,930,823.00     8.000000  %          0.00
A-11  760944N46    25,000,000.00    25,000,000.00     6.000000  %          0.00
A-12  760944N53    17,010,000.00    17,010,000.00     6.500000  %          0.00
A-13  760944N61    13,003,000.00    13,003,000.00     6.500000  %          0.00
A-14  760944N79    20,507,900.00    20,507,900.00     6.500000  %          0.00
A-15  760944N87    58,137,000.00    61,367,031.45     6.500000  %          0.00
A-16  760944N95     1,000,000.00     1,175,575.86     6.500000  %          0.00
A-17  760944P28     2,791,590.78     2,548,889.45     0.000000  %     26,186.05
A-18  760944P36             0.00             0.00     0.377964  %          0.00
R     760944P44           100.00             0.00     6.500000  %          0.00
M-1   760944P51    13,235,200.00    12,856,343.36     6.500000  %     13,219.90
M-2   760944P69     5,294,000.00     5,142,459.65     6.500000  %      5,287.88
M-3   760944P77     5,294,000.00     5,142,459.65     6.500000  %      5,287.88
B-1                 2,382,300.00     2,314,106.83     6.500000  %      2,379.55
B-2                   794,100.00       771,368.94     6.500000  %        793.18
B-3                 2,117,643.10     1,583,238.48     6.500000  %      1,628.01

- -------------------------------------------------------------------------------
                  529,391,833.88   465,120,632.00                  3,270,822.44
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       115,859.39    437,587.40             0.00         0.00  21,127,184.29
A-2        28,681.65    284,086.24             0.00         0.00   6,381,846.03
A-3       193,601.15  1,521,704.99             0.00         0.00  33,185,598.61
A-4        87,020.56    329,832.95             0.00         0.00  15,867,202.15
A-5        68,055.31     68,055.31             0.00         0.00  12,599,000.00
A-6       240,459.58    240,459.58             0.00         0.00  44,516,000.00
A-7       142,628.13    574,126.21             0.00         0.00  25,973,081.14
A-8       562,077.79  1,198,570.87             0.00         0.00 103,420,306.12
A-9       101,992.53    101,992.53             0.00         0.00  19,481,177.00
A-10       72,670.05     72,670.05             0.00         0.00  10,930,823.00
A-11      124,653.32    124,653.32             0.00         0.00  25,000,000.00
A-12       91,881.96     91,881.96             0.00         0.00  17,010,000.00
A-13       70,237.58     70,237.58             0.00         0.00  13,003,000.00
A-14      110,776.38    110,776.38             0.00         0.00  20,507,900.00
A-15            0.00          0.00       331,482.85         0.00  61,698,514.30
A-16            0.00          0.00         6,350.04         0.00   1,181,925.90
A-17            0.00     26,186.05             0.00         0.00   2,522,703.40
A-18      146,092.61    146,092.61             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        69,445.39     82,665.29             0.00         0.00  12,843,123.46
M-2        27,777.74     33,065.62             0.00         0.00   5,137,171.77
M-3        27,777.74     33,065.62             0.00         0.00   5,137,171.77
B-1        12,499.99     14,879.54             0.00         0.00   2,311,727.28
B-2         4,166.66      4,959.84             0.00         0.00     770,575.76
B-3         8,552.10     10,180.11             0.00         0.00   1,581,610.47

- -------------------------------------------------------------------------------
        2,306,907.61  5,577,730.05       337,832.89         0.00 462,187,642.45
===============================================================================































Run:        07/30/96     13:52:37
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S45 (POOL # 4139)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4139 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    714.963743  10.724267     3.861980    14.586247   0.000000    704.239476
A-2    643.879036  24.776774     2.782404    27.559178   0.000000    619.102262
A-3    643.879036  24.776774     3.611775    28.388549   0.000000    619.102262
A-4    821.939517  12.388387     4.439824    16.828211   0.000000    809.551130
A-5   1000.000000   0.000000     5.401644     5.401644   0.000000   1000.000000
A-6   1000.000000   0.000000     5.401644     5.401644   0.000000   1000.000000
A-7    675.983186  11.046775     3.651420    14.698195   0.000000    664.936411
A-8    847.879009   5.186294     4.579941     9.766235   0.000000    842.692715
A-9   1000.000000   0.000000     5.235440     5.235440   0.000000   1000.000000
A-10  1000.000000   0.000000     6.648177     6.648177   0.000000   1000.000000
A-11  1000.000000   0.000000     4.986133     4.986133   0.000000   1000.000000
A-12  1000.000000   0.000000     5.401644     5.401644   0.000000   1000.000000
A-13  1000.000000   0.000000     5.401644     5.401644   0.000000   1000.000000
A-14  1000.000000   0.000000     5.401644     5.401644   0.000000   1000.000000
A-15  1055.558963   0.000000     0.000000     0.000000   5.701754   1061.260717
A-16  1175.575860   0.000000     0.000000     0.000000   6.350040   1181.925900
A-17   913.059847   9.380333     0.000000     9.380333   0.000000    903.679514
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    971.375073   0.998844     5.247022     6.245866   0.000000    970.376229
M-2    971.375076   0.998844     5.247023     6.245867   0.000000    970.376232
M-3    971.375076   0.998844     5.247023     6.245867   0.000000    970.376232
B-1    971.375070   0.998846     5.247026     6.245872   0.000000    970.376225
B-2    971.375066   0.998841     5.247022     6.245863   0.000000    970.376225
B-3    747.641791   0.768784     4.038499     4.807283   0.000000    746.873007

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:39                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S45 (POOL # 4139)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4139 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      106,763.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    48,889.68

SUBSERVICER ADVANCES THIS MONTH                                       41,357.97
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   4,126,404.30

 (B)  TWO MONTHLY PAYMENTS:                                    2     379,655.46

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     619,784.12


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        960,451.51

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     462,187,642.45

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,631

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,454,444.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.98796460 %     5.00274000 %    1.00929520 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.95616720 %     5.00174926 %    1.01463330 %
CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3783 %

      BANKRUPTCY AMOUNT AVAILABLE                         135,873.00
      FRAUD AMOUNT AVAILABLE                              757,037.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,640,824.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.24424399
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              321.03

POOL TRADING FACTOR:                                                87.30539704


 ................................................................................


Run:        07/30/96     13:52:41                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S47 (POOL # 4140)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4140 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944R59    10,190,000.00     8,165,242.36     6.500000  %    151,554.08
A-2   760944R67     5,190,000.00     5,190,000.00     6.500000  %          0.00
A-3   760944R75     2,999,000.00     2,999,000.00     6.500000  %          0.00
A-4   760944R83    32,729,000.00    31,962,221.74     6.500000  %          0.00
A-5   760944R91    49,415,000.00    49,415,000.00     6.500000  %          0.00
A-6   760944S25     2,364,000.00     2,364,000.00     6.500000  %          0.00
A-7   760944S33    11,792,000.00    11,741,930.42     6.500000  %          0.00
A-8   760944S41   103,392,000.00    82,847,962.71     5.650000  %  1,537,731.01
A-9   760944S58    43,941,000.00    35,209,903.38     6.100000  %    653,526.75
A-10  760944S66             0.00             0.00     2.400000  %          0.00
A-11  760944S74    16,684,850.00    16,614,005.06     6.141000  %          0.00
A-12  760944S82     3,241,628.00     3,227,863.84     8.750000  %          0.00
A-13  760944S90     5,742,522.00     5,718,138.88     6.272957  %          0.00
A-14  760944T24    10,093,055.55    10,050,199.79     6.500000  %          0.00
A-15  760944T32     1,121,450.62     1,116,688.87     9.000000  %          0.00
A-16  760944T40     2,760,493.83     2,748,772.60     5.484375  %          0.00
A-17  760944T57    78,019,000.00    58,869,885.52     6.500000  %  1,394,028.93
A-18  760944T65    46,560,000.00    46,560,000.00     6.500000  %          0.00
A-19  760944T73    36,044,000.00    36,044,000.00     6.500000  %          0.00
A-20  760944T81     4,005,000.00     4,005,000.00     6.500000  %          0.00
A-21  760944T99     2,513,000.00     2,513,000.00     6.500000  %          0.00
A-22  760944U22    38,870,000.00    38,783,354.23     6.500000  %          0.00
A-23  760944U30    45,370,000.00    37,700,683.83     6.500000  %    558,315.56
A-24  760944U48             0.00             0.00     0.234314  %          0.00
R-I   760944U55           500.00             0.00     6.500000  %          0.00
R-II  760944U63           500.00             0.00     6.500000  %          0.00
M-1   760944U71    16,136,600.00    15,698,070.61     6.500000  %     16,335.66
M-2   760944U89     5,867,800.00     5,708,336.29     6.500000  %      5,940.19
M-3   760944U97     5,867,800.00     5,708,336.29     6.500000  %      5,940.19
B-1                 2,640,500.00     2,568,741.61     6.500000  %      2,673.07
B-2                   880,200.00       856,279.61     6.500000  %        891.06
B-3                 2,347,160.34     2,123,922.42     6.500000  %      2,210.18

- -------------------------------------------------------------------------------
                  586,778,060.34   526,510,540.06                  4,329,146.68
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        44,046.44    195,600.52             0.00         0.00   8,013,688.28
A-2        27,996.84     27,996.84             0.00         0.00   5,190,000.00
A-3        16,177.75     16,177.75             0.00         0.00   2,999,000.00
A-4       172,416.45    172,416.45             0.00         0.00  31,962,221.74
A-5       266,563.40    266,563.40             0.00         0.00  49,415,000.00
A-6        12,752.32     12,752.32             0.00         0.00   2,364,000.00
A-7        63,340.46     63,340.46             0.00         0.00  11,741,930.42
A-8       388,471.04  1,926,202.05             0.00         0.00  81,310,231.70
A-9       178,247.34    831,774.09             0.00         0.00  34,556,376.63
A-10       70,130.10     70,130.10             0.00         0.00           0.00
A-11       84,672.39     84,672.39             0.00         0.00  16,614,005.06
A-12       23,439.68     23,439.68             0.00         0.00   3,227,863.84
A-13       29,768.39     29,768.39             0.00         0.00   5,718,138.88
A-14       54,214.62     54,214.62             0.00         0.00  10,050,199.79
A-15        8,340.71      8,340.71             0.00         0.00   1,116,688.87
A-16       12,511.07     12,511.07             0.00         0.00   2,748,772.60
A-17      317,566.68  1,711,595.61             0.00         0.00  57,475,856.59
A-18      251,162.45    251,162.45             0.00         0.00  46,560,000.00
A-19      194,435.12    194,435.12             0.00         0.00  36,044,000.00
A-20       21,604.50     21,604.50             0.00         0.00   4,005,000.00
A-21       13,556.08     13,556.08             0.00         0.00   2,513,000.00
A-22      209,212.24    209,212.24             0.00         0.00  38,783,354.23
A-23      203,371.91    761,687.47             0.00         0.00  37,142,368.27
A-24      102,384.30    102,384.30             0.00         0.00           0.00
R-I             0.80          0.80             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        84,681.40    101,017.06             0.00         0.00  15,681,734.95
M-2        30,792.94     36,733.13             0.00         0.00   5,702,396.10
M-3        30,792.94     36,733.13             0.00         0.00   5,702,396.10
B-1        13,856.78     16,529.85             0.00         0.00   2,566,068.54
B-2         4,619.10      5,510.16             0.00         0.00     855,388.55
B-3        11,457.27     13,667.45             0.00         0.00   2,121,712.24

- -------------------------------------------------------------------------------
        2,942,583.51  7,271,730.19             0.00         0.00 522,181,393.38
===============================================================================
















Run:        07/30/96     13:52:41
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S47 (POOL # 4140)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4140 
_____________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    801.299545  14.872824     4.322516    19.195340   0.000000    786.426720
A-2   1000.000000   0.000000     5.394382     5.394382   0.000000   1000.000000
A-3   1000.000000   0.000000     5.394381     5.394381   0.000000   1000.000000
A-4    976.571901   0.000000     5.268002     5.268002   0.000000    976.571901
A-5   1000.000000   0.000000     5.394382     5.394382   0.000000   1000.000000
A-6   1000.000000   0.000000     5.394382     5.394382   0.000000   1000.000000
A-7    995.753937   0.000000     5.371477     5.371477   0.000000    995.753937
A-8    801.299546  14.872824     3.757264    18.630088   0.000000    786.426723
A-9    801.299547  14.872824     4.056515    18.929339   0.000000    786.426723
A-11   995.753936   0.000000     5.074807     5.074807   0.000000    995.753936
A-12   995.753936   0.000000     7.230836     7.230836   0.000000    995.753936
A-13   995.753935   0.000000     5.183853     5.183853   0.000000    995.753935
A-14   995.753936   0.000000     5.371477     5.371477   0.000000    995.753936
A-15   995.753937   0.000000     7.437430     7.437430   0.000000    995.753937
A-16   995.753937   0.000000     4.532185     4.532185   0.000000    995.753937
A-17   754.558319  17.867813     4.070376    21.938189   0.000000    736.690506
A-18  1000.000000   0.000000     5.394383     5.394383   0.000000   1000.000000
A-19  1000.000000   0.000000     5.394382     5.394382   0.000000   1000.000000
A-20  1000.000000   0.000000     5.394382     5.394382   0.000000   1000.000000
A-21  1000.000000   0.000000     5.394381     5.394381   0.000000   1000.000000
A-22   997.770883   0.000000     5.382358     5.382358   0.000000    997.770883
A-23   830.960631  12.305831     4.482520    16.788351   0.000000    818.654800
R-I      0.000000   0.000000     1.600000     1.600000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    972.823929   1.012336     5.247785     6.260121   0.000000    971.811593
M-2    972.823936   1.012337     5.247783     6.260120   0.000000    971.811599
M-3    972.823936   1.012337     5.247783     6.260120   0.000000    971.811599
B-1    972.823939   1.012335     5.247786     6.260121   0.000000    971.811604
B-2    972.823915   1.012338     5.247785     6.260123   0.000000    971.811577
B-3    904.890213   0.941644     4.881324     5.822968   0.000000    903.948573

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:43                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S47 (POOL # 4140)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4140 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      121,935.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    56,125.26

SUBSERVICER ADVANCES THIS MONTH                                       45,214.47
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    21   5,412,673.29

 (B)  TWO MONTHLY PAYMENTS:                                    3     764,960.34

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     231,769.33


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        400,417.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     522,181,393.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,838

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,781,251.48

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.79619510 %     5.14989600 %    1.05390930 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.75127170 %     5.18718734 %    1.06154100 %

CLASS A-24 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2344 %

      BANKRUPTCY AMOUNT AVAILABLE                         124,736.00
      FRAUD AMOUNT AVAILABLE                            5,411,796.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,411,796.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.13862238
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              321.34

POOL TRADING FACTOR:                                                88.99129478


 ................................................................................


Run:        07/30/96     13:52:45                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S48 (POOL # 4141)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4141 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944K49     9,959,000.00     4,787,136.49     6.500000  %    252,538.95
A-2   760944K56    85,878,000.00    56,204,829.04     6.500000  %  1,448,922.92
A-3   760944K64    12,960,000.00    12,960,000.00     6.500000  %          0.00
A-4   760944K72     2,760,000.00     2,760,000.00     6.500000  %          0.00
A-5   760944K80    26,460,000.00    23,954,120.07     6.100000  %          0.00
A-6   760944K98    10,584,000.00     9,581,648.02     7.500000  %          0.00
A-7   760944L22     5,276,000.00     5,276,000.00     6.500000  %          0.00
A-8   760944L30    23,182,000.00    21,931,576.52     6.500000  %          0.00
A-9   760944L48    15,273,563.00    13,907,398.73     6.200000  %          0.00
A-10  760944L55     7,049,337.00     6,418,799.63     7.149810  %          0.00
A-11  760944L63             0.00             0.00     0.159886  %          0.00
R     760944L71           100.00             0.00     6.500000  %          0.00
M-1   760944L89     3,099,138.00     2,763,694.77     6.500000  %     12,214.77
M-2   760944L97     3,305,815.00     2,948,001.53     6.500000  %     13,029.35
B                     826,454.53       737,001.10     6.500000  %      3,257.34

- -------------------------------------------------------------------------------
                  206,613,407.53   164,230,205.90                  1,729,963.33
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        25,844.09    278,383.04             0.00         0.00   4,534,597.54
A-2       303,430.37  1,752,353.29             0.00         0.00  54,755,906.12
A-3        69,966.54     69,966.54             0.00         0.00  12,960,000.00
A-4        14,900.28     14,900.28             0.00         0.00   2,760,000.00
A-5       121,361.83    121,361.83             0.00         0.00  23,954,120.07
A-6        59,686.15     59,686.15             0.00         0.00   9,581,648.02
A-7        28,483.29     28,483.29             0.00         0.00   5,276,000.00
A-8       118,400.97    118,400.97             0.00         0.00  21,931,576.52
A-9        71,615.93     71,615.93             0.00         0.00  13,907,398.73
A-10       38,117.15     38,117.15             0.00         0.00   6,418,799.63
A-11       21,809.00     21,809.00             0.00         0.00           0.00
R               1.02          1.02             0.00         0.00           0.00
M-1        14,920.23     27,135.00             0.00         0.00   2,751,480.00
M-2        15,915.24     28,944.59             0.00         0.00   2,934,972.18
B           3,978.83      7,236.17             0.00         0.00     733,743.76

- -------------------------------------------------------------------------------
          908,430.92  2,638,394.25             0.00         0.00 162,500,242.57
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    480.684455  25.357862     2.595049    27.952911   0.000000    455.326593
A-2    654.472962  16.871875     3.533272    20.405147   0.000000    637.601087
A-3   1000.000000   0.000000     5.398653     5.398653   0.000000   1000.000000
A-4   1000.000000   0.000000     5.398652     5.398652   0.000000   1000.000000
A-5    905.295543   0.000000     4.586615     4.586615   0.000000    905.295543
A-6    905.295542   0.000000     5.639281     5.639281   0.000000    905.295542
A-7   1000.000000   0.000000     5.398652     5.398652   0.000000   1000.000000
A-8    946.060587   0.000000     5.107453     5.107453   0.000000    946.060587
A-9    910.553663   0.000000     4.688882     4.688882   0.000000    910.553663
A-10   910.553663   0.000000     5.407196     5.407196   0.000000    910.553663
R        0.000000   0.000000    10.210000    10.210000   0.000000      0.000000
M-1    891.762409   3.941344     4.814316     8.755660   0.000000    887.821065
M-2    891.762404   3.941343     4.814317     8.755660   0.000000    887.821061
B      891.762430   3.941342     4.814312     8.755654   0.000000    887.821088

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:46                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S48 (POOL # 4141)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4141 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       36,987.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,384.80

SUBSERVICER ADVANCES THIS MONTH                                       18,373.20
MASTER SERVICER ADVANCES THIS MONTH                                    3,212.86


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,875,551.22

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     162,500,242.57

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          607

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 218,711.34

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,004,111.29

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.07337920 %     3.47786000 %    0.44876100 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.04911610 %     3.49934996 %    0.45153390 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1593 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,740,407.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,397,357.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.05592285
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              144.09

POOL TRADING FACTOR:                                                78.64941802


 ................................................................................


Run:        07/30/96     13:52:47                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S49 (POOL # 4142)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4142 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944P85    27,772,000.00    13,304,498.72     6.000000  %    899,510.90
A-2   760944P93    22,807,000.00    22,807,000.00     6.000000  %          0.00
A-3   760944Q27     1,650,000.00     1,650,000.00     6.000000  %          0.00
A-4   760944Q35    37,438,000.00    35,125,775.24     6.000000  %     44,601.94
A-5   760944Q43    10,500,000.00     5,248,776.25     6.000000  %    304,854.55
A-6   760944Q50    25,817,000.00    19,105,979.87     6.000000  %     49,686.45
A-7   760944Q68    11,470,000.00    11,470,000.00     6.000000  %          0.00
A-8   760944Q76    13,328,000.00    15,475,726.17     6.000000  %          0.00
A-9   760944Q84             0.00             0.00     0.236489  %          0.00
R     760944Q92           100.00             0.00     6.000000  %          0.00
M-1   760944R26     1,938,400.00     1,725,067.19     6.000000  %      7,850.09
M-2   760944R34       775,500.00       690,151.46     6.000000  %      3,140.60
M-3   760944R42       387,600.00       344,942.26     6.000000  %      1,569.69
B-1                   542,700.00       482,972.53     6.000000  %      2,197.81
B-2                   310,100.00       275,971.59     6.000000  %      1,255.84
B-3                   310,260.75       276,114.60     6.000000  %      1,256.49

- -------------------------------------------------------------------------------
                  155,046,660.75   127,982,975.88                  1,315,924.36
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        66,442.94    965,953.84             0.00         0.00  12,404,987.82
A-2       113,898.63    113,898.63             0.00         0.00  22,807,000.00
A-3         8,240.13      8,240.13             0.00         0.00   1,650,000.00
A-4       175,418.85    220,020.79             0.00         0.00  35,081,173.30
A-5        26,212.50    331,067.05             0.00         0.00   4,943,921.70
A-6        95,415.66    145,102.11             0.00         0.00  19,056,293.42
A-7        57,281.42     57,281.42             0.00         0.00  11,470,000.00
A-8             0.00          0.00        77,286.09         0.00  15,553,012.26
A-9        25,192.00     25,192.00             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,615.03     16,465.12             0.00         0.00   1,717,217.10
M-2         3,446.63      6,587.23             0.00         0.00     687,010.86
M-3         1,722.65      3,292.34             0.00         0.00     343,372.57
B-1         2,411.97      4,609.78             0.00         0.00     480,774.72
B-2         1,378.21      2,634.05             0.00         0.00     274,715.75
B-3         1,378.90      2,635.39             0.00         0.00     274,858.11

- -------------------------------------------------------------------------------
          587,055.52  1,902,979.88        77,286.09         0.00 126,744,337.61
===============================================================================















































Run:        07/30/96     13:52:47
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S49 (POOL # 4142)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4142 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    479.061599  32.389129     2.392443    34.781572   0.000000    446.672469
A-2   1000.000000   0.000000     4.994021     4.994021   0.000000   1000.000000
A-3   1000.000000   0.000000     4.994018     4.994018   0.000000   1000.000000
A-4    938.238561   1.191355     4.685583     5.876938   0.000000    937.047206
A-5    499.883452  29.033767     2.496429    31.530196   0.000000    470.849686
A-6    740.054223   1.924563     3.695846     5.620409   0.000000    738.129660
A-7   1000.000000   0.000000     4.994021     4.994021   0.000000   1000.000000
A-8   1161.143920   0.000000     0.000000     0.000000   5.798776   1166.942697
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    889.943866   4.049778     4.444403     8.494181   0.000000    885.894088
M-2    889.943856   4.049774     4.444397     8.494171   0.000000    885.894081
M-3    889.943911   4.049768     4.444401     8.494169   0.000000    885.894143
B-1    889.943855   4.049770     4.444389     8.494159   0.000000    885.894085
B-2    889.943857   4.049790     4.444405     8.494195   0.000000    885.894066
B-3    889.943701   4.049787     4.444391     8.494178   0.000000    885.893913

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:49                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S49 (POOL # 4142)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4142 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       28,575.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,632.89

SUBSERVICER ADVANCES THIS MONTH                                        7,708.36
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     230,834.53

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     586,640.26


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     126,744,337.61

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          519

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      656,239.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         97.03459030 %     2.15666300 %    0.80874720 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            97.01923640 %     2.16782902 %    0.81293460 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2364 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,350,753.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,832,300.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.62973235
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              144.47

POOL TRADING FACTOR:                                                81.74593184


 ................................................................................


Run:        07/30/96     13:52:50                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S1 (POOL # 4143)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4143 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944X78    45,572,000.00     2,406,307.32     4.750000  %  1,946,574.74
A-2   760944X86             0.00             0.00     6.750000  %          0.00
A-3   760944X94    59,364,000.00    59,364,000.00     5.750000  %          0.00
A-4   760944Y28    11,287,000.00    11,287,000.00     6.750000  %          0.00
A-5   760944Y36    24,855,000.00    20,857,631.08     5.000000  %          0.00
A-6   760944Y44             0.00             0.00     6.750000  %          0.00
A-7   760944Y51    37,443,000.00    37,443,000.00     6.573450  %          0.00
A-8   760944Y69    20,499,000.00    20,499,000.00     6.750000  %          0.00
A-9   760944Y77     2,370,000.00     2,370,000.00     6.750000  %          0.00
A-10  760944Y85    48,388,000.00    48,019,128.22     6.750000  %          0.00
A-11  760944Y93    20,733,000.00    20,733,000.00     6.750000  %          0.00
A-12  760944Z27    49,051,000.00    48,222,911.15     6.750000  %          0.00
A-13  760944Z35    54,725,400.00    52,230,738.70     6.700000  %          0.00
A-14  760944Z43    22,295,600.00    21,279,253.46     6.872727  %          0.00
A-15  760944Z50    15,911,200.00    15,185,886.80     6.800000  %          0.00
A-16  760944Z68     5,303,800.00     5,062,025.89     6.600002  %          0.00
A-17  760944Z76    29,322,000.00    29,322,000.00     6.000000  %          0.00
A-18  760944Z84             0.00             0.00     3.000000  %          0.00
A-19  760944Z92    49,683,000.00    48,304,813.65     6.750000  %     49,616.64
A-20  7609442A5     5,593,279.30     4,946,256.19     0.000000  %     25,231.83
A-21  7609442B3             0.00             0.00     0.156366  %          0.00
R-I   7609442C1           100.00             0.00     6.750000  %          0.00
R-II  7609442D9           100.00             0.00     6.750000  %          0.00
M-1   7609442E7    14,659,500.00    14,252,851.39     6.750000  %     14,639.92
M-2   7609442F4     5,330,500.00     5,182,634.07     6.750000  %      5,323.38
M-3   7609442G2     5,330,500.00     5,182,634.07     6.750000  %      5,323.38
B-1                 2,665,200.00     2,591,268.42     6.750000  %      2,661.64
B-2                   799,500.00       777,322.20     6.750000  %        798.43
B-3                 1,865,759.44     1,659,135.93     6.750000  %      1,704.19

- -------------------------------------------------------------------------------
                  533,047,438.74   477,178,798.54                  2,051,874.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         9,511.00  1,956,085.74             0.00         0.00     459,732.58
A-2         4,004.63      4,004.63             0.00         0.00           0.00
A-3       284,035.19    284,035.19             0.00         0.00  59,364,000.00
A-4        63,396.24     63,396.24             0.00         0.00  11,287,000.00
A-5        86,779.30     86,779.30             0.00         0.00  20,857,631.08
A-6        30,372.76     30,372.76             0.00         0.00           0.00
A-7       204,807.17    204,807.17             0.00         0.00  37,443,000.00
A-8       115,137.72    115,137.72             0.00         0.00  20,499,000.00
A-9        13,311.69     13,311.69             0.00         0.00   2,370,000.00
A-10      269,711.34    269,711.34             0.00         0.00  48,019,128.22
A-11      116,452.04    116,452.04             0.00         0.00  20,733,000.00
A-12      270,855.94    270,855.94             0.00         0.00  48,222,911.15
A-13      291,193.80    291,193.80             0.00         0.00  52,230,738.70
A-14      121,693.29    121,693.29             0.00         0.00  21,279,253.46
A-15       85,927.11     85,927.11             0.00         0.00  15,185,886.80
A-16       27,800.31     27,800.31             0.00         0.00   5,062,025.89
A-17      146,394.92    146,394.92             0.00         0.00  29,322,000.00
A-18       73,197.46     73,197.46             0.00         0.00           0.00
A-19      271,315.96    320,932.60             0.00         0.00  48,255,197.01
A-20            0.00     25,231.83             0.00         0.00   4,921,024.36
A-21       62,087.53     62,087.53             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        80,054.67     94,694.59             0.00         0.00  14,238,211.47
M-2        29,109.55     34,432.93             0.00         0.00   5,177,310.69
M-3        29,109.55     34,432.93             0.00         0.00   5,177,310.69
B-1        14,554.50     17,216.14             0.00         0.00   2,588,606.78
B-2         4,366.03      5,164.46             0.00         0.00     776,523.77
B-3         9,318.93     11,023.12             0.00         0.00   1,657,431.74

- -------------------------------------------------------------------------------
        2,714,498.63  4,766,372.78             0.00         0.00 475,126,924.39
===============================================================================





















Run:        07/30/96     13:52:50
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S1 (POOL # 4143)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4143 
________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     52.802320  42.714271     0.208703    42.922974   0.000000     10.088049
A-3   1000.000000   0.000000     4.784637     4.784637   0.000000   1000.000000
A-4   1000.000000   0.000000     5.616748     5.616748   0.000000   1000.000000
A-5    839.172443   0.000000     3.491422     3.491422   0.000000    839.172443
A-7   1000.000000   0.000000     5.469839     5.469839   0.000000   1000.000000
A-8   1000.000000   0.000000     5.616748     5.616748   0.000000   1000.000000
A-9   1000.000000   0.000000     5.616747     5.616747   0.000000   1000.000000
A-10   992.376792   0.000000     5.573930     5.573930   0.000000    992.376792
A-11  1000.000000   0.000000     5.616748     5.616748   0.000000   1000.000000
A-12   983.117799   0.000000     5.521925     5.521925   0.000000    983.117799
A-13   954.414928   0.000000     5.320999     5.320999   0.000000    954.414928
A-14   954.414928   0.000000     5.458175     5.458175   0.000000    954.414928
A-15   954.414928   0.000000     5.400417     5.400417   0.000000    954.414928
A-16   954.414927   0.000000     5.241583     5.241583   0.000000    954.414927
A-17  1000.000000   0.000000     4.992665     4.992665   0.000000   1000.000000
A-19   972.260404   0.998664     5.460942     6.459606   0.000000    971.261740
A-20   884.321330   4.511098     0.000000     4.511098   0.000000    879.810232
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    972.260404   0.998664     5.460941     6.459605   0.000000    971.261740
M-2    972.260401   0.998664     5.460942     6.459606   0.000000    971.261737
M-3    972.260401   0.998664     5.460942     6.459606   0.000000    971.261737
B-1    972.260401   0.998664     5.460941     6.459605   0.000000    971.261737
B-2    972.260413   0.998662     5.460951     6.459613   0.000000    971.261751
B-3    889.255010   0.913392     4.994722     5.908114   0.000000    888.341607

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:53                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S1 (POOL # 4143)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4143 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      104,789.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    51,250.07

SUBSERVICER ADVANCES THIS MONTH                                       29,607.42
MASTER SERVICER ADVANCES THIS MONTH                                    2,962.59


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   3,719,750.27

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     318,340.41


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        271,833.66

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     475,126,924.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,648

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 431,393.15

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,561,415.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.72219330 %     5.21313500 %    1.06467180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.70161130 %     5.17605540 %    1.06816230 %
CLASS A-21 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1569 %

      BANKRUPTCY AMOUNT AVAILABLE                         167,284.00
      FRAUD AMOUNT AVAILABLE                            5,103,942.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,103,942.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.22617187
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              322.83

POOL TRADING FACTOR:                                                89.13407886


 ................................................................................


Run:        07/30/96     13:52:54                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S2 (POOL # 4144)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4144 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944V88    20,379,000.00    17,381,997.45    10.500000  %    147,004.40
A-2   760944V96    67,648,000.00    39,675,975.95     6.625000  %  1,372,041.09
A-3   760944W20    20,384,000.00    20,384,000.00     6.625000  %          0.00
A-4   760944W38    52,668,000.00    52,668,000.00     6.625000  %          0.00
A-5   760944W46    49,504,000.00    49,504,000.00     6.625000  %          0.00
A-6   760944W53    10,079,000.00    10,079,000.00     7.000000  %          0.00
A-7   760944W61    19,283,000.00    19,283,000.00     7.000000  %          0.00
A-8   760944W79     1,050,000.00     1,050,000.00     7.000000  %          0.00
A-9   760944W95     3,195,000.00     3,195,000.00     7.000000  %          0.00
A-10  760944X29             0.00             0.00     0.125203  %          0.00
R     760944X37       267,710.00        22,708.27     7.000000  %        161.78
M-1   760944X45     7,801,800.00     7,607,734.80     7.000000  %      7,495.02
M-2   760944X52     2,600,600.00     2,535,911.59     7.000000  %      2,498.34
M-3   760944X60     2,600,600.00     2,535,911.59     7.000000  %      2,498.34
B-1                 1,300,350.00     1,268,004.55     7.000000  %      1,249.22
B-2                   390,100.00       380,396.49     7.000000  %        374.76
B-3                   910,233.77       808,224.78     7.000000  %        796.24

- -------------------------------------------------------------------------------
                  260,061,393.77   228,379,865.47                  1,534,119.19
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       151,701.39    298,705.79             0.00         0.00  17,234,993.05
A-2       218,481.20  1,590,522.29             0.00         0.00  38,303,934.86
A-3       112,247.30    112,247.30             0.00         0.00  20,384,000.00
A-4       290,023.57    290,023.57             0.00         0.00  52,668,000.00
A-5       272,600.56    272,600.56             0.00         0.00  49,504,000.00
A-6        58,642.99     58,642.99             0.00         0.00  10,079,000.00
A-7       112,194.93    112,194.93             0.00         0.00  19,283,000.00
A-8         6,109.25      6,109.25             0.00         0.00   1,050,000.00
A-9        18,589.58     18,589.58             0.00         0.00   3,195,000.00
A-10       23,767.01     23,767.01             0.00         0.00           0.00
R             132.12        293.90             0.00         0.00      22,546.49
M-1        44,264.34     51,759.36             0.00         0.00   7,600,239.78
M-2        14,754.78     17,253.12             0.00         0.00   2,533,413.25
M-3        14,754.78     17,253.12             0.00         0.00   2,533,413.25
B-1         7,377.67      8,626.89             0.00         0.00   1,266,755.33
B-2         2,213.27      2,588.03             0.00         0.00     380,021.73
B-3         4,702.52      5,498.76             0.00         0.00     807,428.54

- -------------------------------------------------------------------------------
        1,352,557.26  2,886,676.45             0.00         0.00 226,845,746.28
===============================================================================














































Run:        07/30/96     13:52:54
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S2 (POOL # 4144)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4144 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    852.936722   7.213524     7.444006    14.657530   0.000000    845.723198
A-2    586.506267  20.282064     3.229677    23.511741   0.000000    566.224203
A-3   1000.000000   0.000000     5.506638     5.506638   0.000000   1000.000000
A-4   1000.000000   0.000000     5.506637     5.506637   0.000000   1000.000000
A-5   1000.000000   0.000000     5.506637     5.506637   0.000000   1000.000000
A-6   1000.000000   0.000000     5.818334     5.818334   0.000000   1000.000000
A-7   1000.000000   0.000000     5.818334     5.818334   0.000000   1000.000000
A-8   1000.000000   0.000000     5.818333     5.818333   0.000000   1000.000000
A-9   1000.000000   0.000000     5.818335     5.818335   0.000000   1000.000000
R       84.824138   0.604311     0.493519     1.097830   0.000000     84.219827
M-1    975.125586   0.960678     5.673606     6.634284   0.000000    974.164908
M-2    975.125583   0.960678     5.673606     6.634284   0.000000    974.164904
M-3    975.125583   0.960678     5.673606     6.634284   0.000000    974.164904
B-1    975.125582   0.960680     5.673603     6.634283   0.000000    974.164902
B-2    975.125583   0.960677     5.673597     6.634274   0.000000    974.164906
B-3    887.930998   0.874764     5.166277     6.041041   0.000000    887.056234

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:56                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S2 (POOL # 4144)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4144 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       46,729.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    24,096.40

SUBSERVICER ADVANCES THIS MONTH                                       25,632.53
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,854,219.97

 (B)  TWO MONTHLY PAYMENTS:                                    3     653,934.78

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     234,779.18


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     226,845,746.28

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          866

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,309,123.02

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.37236500 %     5.55196000 %    1.07567530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.33411710 %     5.58399992 %    1.08188300 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1254 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,497,248.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,317,527.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.49653674
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              321.86

POOL TRADING FACTOR:                                                87.22776687


 ................................................................................


Run:        07/30/96     13:52:57                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S3 (POOL # 4145)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4145 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609442Q0   205,549,492.00   165,856,614.31     6.737799  %  1,301,752.72
A-2   7609442W7    76,450,085.00    89,426,907.33     6.737799  %          0.00
A-3   7609442R8             0.00             0.00     0.186000  %          0.00
R     7609442S6           100.00             0.00     6.737799  %          0.00
M-1   7609442T4     8,228,000.00     8,027,139.46     6.737799  %      8,045.40
M-2   7609442U1     2,992,100.00     2,919,057.39     6.737799  %      2,925.70
M-3   7609442V9     1,496,000.00     1,459,479.91     6.737799  %      1,462.80
B-1                 2,244,050.00     2,189,268.66     6.737799  %      2,194.25
B-2                 1,047,225.00     1,021,660.33     6.737799  %      1,023.98
B-3                 1,196,851.02     1,167,633.67     6.737799  %      1,170.29

- -------------------------------------------------------------------------------
                  299,203,903.02   272,067,761.06                  1,318,575.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       931,126.49  2,232,879.21             0.00         0.00 164,554,861.59
A-2             0.00          0.00       501,435.45         0.00  89,928,342.78
A-3        42,113.25     42,113.25             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        45,009.86     53,055.26             0.00         0.00   8,019,094.06
M-2        16,367.77     19,293.47             0.00         0.00   2,916,131.69
M-3         8,183.61      9,646.41             0.00         0.00   1,458,017.11
B-1        12,275.69     14,469.94             0.00         0.00   2,187,074.41
B-2         5,728.66      6,752.64             0.00         0.00   1,020,636.35
B-3         6,547.17      7,717.46             0.00         0.00   1,166,463.38

- -------------------------------------------------------------------------------
        1,067,352.50  2,385,927.64       501,435.45         0.00 271,250,621.37
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    806.893818   6.333038     4.529938    10.862976   0.000000    800.560780
A-2   1169.742419   0.000000     0.000000     0.000000   6.558991   1176.301410
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    975.588170   0.977807     5.470328     6.448135   0.000000    974.610362
M-2    975.588179   0.977808     5.470329     6.448137   0.000000    974.610371
M-3    975.588175   0.977807     5.470328     6.448135   0.000000    974.610368
B-1    975.588182   0.977808     5.470328     6.448136   0.000000    974.610374
B-2    975.588178   0.977803     5.470324     6.448127   0.000000    974.610375
B-3    975.588148   0.977808     5.470330     6.448138   0.000000    974.610340

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:52:58                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S3 (POOL # 4145)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4145 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       59,458.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    27,393.62

SUBSERVICER ADVANCES THIS MONTH                                       20,644.34
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,968,513.47

 (B)  TWO MONTHLY PAYMENTS:                                    1     322,220.62

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     505,633.32


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        253,750.01

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     271,250,621.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          988

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      544,453.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.83086060 %     4.55977500 %    1.60936480 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.81847790 %     4.56892699 %    1.61259510 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,777,036.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,968,706.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.31112674
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              323.79

POOL TRADING FACTOR:                                                90.65744752


 ................................................................................


Run:        07/30/96     13:55:59                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-RS4 (POOL # 8021)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8021 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609442M9    36,569,204.65    27,834,546.67     6.100000  %    197,869.85
A-2   7609442N7             0.00             0.00     3.900000  %          0.00
R     7609442P2           100.00             0.00    10.000000  %          0.00

- -------------------------------------------------------------------------------
                   36,569,304.65    27,834,546.67                    197,869.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       141,388.30    339,258.15             0.00         0.00  27,636,676.82
A-2        90,395.80     90,395.80             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          231,784.10    429,653.95             0.00         0.00  27,636,676.82
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    761.147171   5.410833     3.866321     9.277154   0.000000    755.736338
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-July-96     
DISTRIBUTION DATE        30-July-96     

Run:     07/30/96     13:55:59                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
                  MORTGAGE PASS-THROUGH CERTIFICATES 1994-RS4
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 8021 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                            0.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      27,636,676.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            0

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 581,921.49

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       58,570.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION           0.00000000 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000000 %     0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                75.57342718


 ................................................................................


Run:        07/30/96     13:53:00                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S5 (POOL # 4146)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4146 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609443B2   103,633,000.00    87,708,443.77     6.500000  %    985,451.87
A-2   7609443C0    22,306,000.00    14,462,561.87     6.500000  %    485,371.82
A-3   7609443D8    32,041,000.00    32,041,000.00     6.500000  %          0.00
A-4   7609443E6    44,984,000.00    44,984,000.00     6.500000  %          0.00
A-5   7609443F3    10,500,000.00    10,500,000.00     6.500000  %          0.00
A-6   7609443G1    10,767,000.00    10,767,000.00     6.500000  %          0.00
A-7   7609443H9     1,040,000.00     1,040,000.00     6.500000  %          0.00
A-8   7609443J5    25,500,000.00    24,887,936.26     6.500000  %     24,535.87
A-9   7609443K2             0.00             0.00     0.530604  %          0.00
R     7609443L0           100.00             0.00     6.500000  %          0.00
M-1   7609443M8     6,635,000.00     6,475,743.44     6.500000  %      6,384.14
M-2   7609443N6     3,317,000.00     3,237,383.73     6.500000  %      3,191.59
M-3   7609443P1     1,990,200.00     1,942,430.24     6.500000  %      1,914.95
B-1                 1,326,800.00     1,294,953.49     6.500000  %      1,276.64
B-2                   398,000.00       388,447.03     6.500000  %        382.95
B-3                   928,851.36       806,430.44     6.500000  %        795.02

- -------------------------------------------------------------------------------
                  265,366,951.36   240,536,330.27                  1,509,304.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       473,980.61  1,459,432.48             0.00         0.00  86,722,991.90
A-2        78,156.38    563,528.20             0.00         0.00  13,977,190.05
A-3       173,151.10    173,151.10             0.00         0.00  32,041,000.00
A-4       243,095.68    243,095.68             0.00         0.00  44,984,000.00
A-5        56,742.50     56,742.50             0.00         0.00  10,500,000.00
A-6        58,185.38     58,185.38             0.00         0.00  10,767,000.00
A-7         5,620.21      5,620.21             0.00         0.00   1,040,000.00
A-8       134,495.59    159,031.46             0.00         0.00  24,863,400.39
A-9       106,110.25    106,110.25             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        34,995.22     41,379.36             0.00         0.00   6,469,359.30
M-2        17,494.98     20,686.57             0.00         0.00   3,234,192.14
M-3        10,496.99     12,411.94             0.00         0.00   1,940,515.29
B-1         6,997.99      8,274.63             0.00         0.00   1,293,676.85
B-2         2,099.19      2,482.14             0.00         0.00     388,064.08
B-3         4,357.99      5,153.01             0.00         0.00     805,635.42

- -------------------------------------------------------------------------------
        1,405,980.06  2,915,284.91             0.00         0.00 239,027,025.42
===============================================================================

















































Run:        07/30/96     13:53:00
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S5 (POOL # 4146)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4146 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    846.337014   9.509055     4.573646    14.082701   0.000000    836.827959
A-2    648.370926  21.759698     3.503828    25.263526   0.000000    626.611228
A-3   1000.000000   0.000000     5.404048     5.404048   0.000000   1000.000000
A-4   1000.000000   0.000000     5.404048     5.404048   0.000000   1000.000000
A-5   1000.000000   0.000000     5.404048     5.404048   0.000000   1000.000000
A-6   1000.000000   0.000000     5.404048     5.404048   0.000000   1000.000000
A-7   1000.000000   0.000000     5.404048     5.404048   0.000000   1000.000000
A-8    975.997500   0.962191     5.274337     6.236528   0.000000    975.035309
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    975.997504   0.962191     5.274336     6.236527   0.000000    975.035313
M-2    975.997507   0.962192     5.274338     6.236530   0.000000    975.035315
M-3    975.997508   0.962190     5.274339     6.236529   0.000000    975.035318
B-1    975.997505   0.962195     5.274337     6.236532   0.000000    975.035311
B-2    975.997563   0.962186     5.274347     6.236533   0.000000    975.035377
B-3    868.201819   0.855917     4.691795     5.547712   0.000000    867.345901

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:01                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S5 (POOL # 4146)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4146 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       55,759.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    25,428.35

SUBSERVICER ADVANCES THIS MONTH                                       25,267.54
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,625,029.98

 (B)  TWO MONTHLY PAYMENTS:                                    1     252,571.05

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     283,898.11


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        541,937.79

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     239,027,025.42

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          847

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,272,171.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.11923000 %     4.84565400 %    1.03511640 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.08793080 %     4.87144360 %    1.04062560 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5313 %

      BANKRUPTCY AMOUNT AVAILABLE                         117,861.00
      FRAUD AMOUNT AVAILABLE                            2,448,515.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,767,680.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.43501863
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              323.13

POOL TRADING FACTOR:                                                90.07414985


 ................................................................................


Run:        07/30/96     13:53:02                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S6 (POOL # 4147)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4147 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     7609442H0   153,070,000.00    74,283,523.60     7.935242  %  3,224,174.00
M-1   7609442K3     3,625,500.00     3,496,428.26     7.935242  %      2,729.17
M-2   7609442L1     2,416,900.00     2,330,855.73     7.935242  %      1,819.37
R     7609442J6           100.00             0.00     7.935242  %          0.00
B-1                   886,200.00       854,650.31     7.935242  %        667.11
B-2                   322,280.00       310,806.47     7.935242  %        242.60
B-3                   805,639.55       776,957.93     7.935242  %        606.46

- -------------------------------------------------------------------------------
                  161,126,619.55    82,053,222.30                  3,230,238.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         483,002.44  3,707,176.44             0.00         0.00  71,059,349.60
M-1        22,734.30     25,463.47             0.00         0.00   3,493,699.09
M-2        15,155.56     16,974.93             0.00         0.00   2,329,036.36
R               0.00          0.00             0.00         0.00           0.00
B-1         5,557.06      6,224.17             0.00         0.00     853,983.20
B-2         2,020.91      2,263.51             0.00         0.00     310,563.87
B-3         5,051.90      5,658.36             0.00         0.00     709,182.63

- -------------------------------------------------------------------------------
          533,522.17  3,763,760.88             0.00         0.00  78,755,814.75
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      485.291197  21.063396     3.155435    24.218831   0.000000    464.227802
M-1    964.398913   0.752771     6.270666     7.023437   0.000000    963.646143
M-2    964.398912   0.752770     6.270661     7.023431   0.000000    963.646142
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    964.398905   0.752776     6.270661     7.023437   0.000000    963.646130
B-2    964.398877   0.752762     6.270665     7.023427   0.000000    963.646115
B-3    964.398942   0.752768     6.270658     7.023426   0.000000    963.646174

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:03                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S6 (POOL # 4147)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4147 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       21,129.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,390.06

SUBSERVICER ADVANCES THIS MONTH                                       15,014.77
MASTER SERVICER ADVANCES THIS MONTH                                    4,608.36


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,458,867.42

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        563,261.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      78,755,814.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          275

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 618,995.94

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,956,862.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.53090360 %     7.10183400 %    2.36726200 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.22743250 %     7.39340386 %    2.37916360 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              983,715.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,142,050.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.37827418
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              329.14

POOL TRADING FACTOR:                                                48.87821452


 ................................................................................


Run:        07/30/96     13:56:01                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-MZ1 (POOL # 8022)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8022 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609443Q9    49,500,000.00    45,775,097.66     6.470000  %    146,562.28
A-2   7609443R7    61,308,403.22    61,308,403.22     6.470000  %          0.00
A-3   7609443S5     5,000,000.00     5,779,848.88     6.470000  %          0.00
S-1   7609443T3             0.00             0.00     0.500000  %          0.00
S-2   7609443U0             0.00             0.00     0.250000  %          0.00
R     7609443V8           100.00             0.00     6.470000  %          0.00

- -------------------------------------------------------------------------------
                  115,808,503.22   112,863,349.76                    146,562.28
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       246,122.46    392,684.74             0.00         0.00  45,628,535.38
A-2       329,641.56    329,641.56             0.00         0.00  61,308,403.22
A-3             0.00          0.00        31,076.96         0.00   5,810,925.84
S-1        14,788.40     14,788.40             0.00         0.00           0.00
S-2         5,144.12      5,144.12             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          595,696.54    742,258.82        31,076.96         0.00 112,747,864.44
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    924.749448   2.960854     4.972171     7.933025   0.000000    921.788594
A-2   1000.000000   0.000000     5.376776     5.376776   0.000000   1000.000000
A-3   1155.969776   0.000000     0.000000     0.000000   6.215392   1162.185168
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-July-96     
DISTRIBUTION DATE        30-July-96     

Run:     07/30/96     13:56:02                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
                  MORTGAGE PASS-THROUGH CERTIFICATES 1994-MZ1
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 8022 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                            0.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,821.58

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     112,747,864.44

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            0

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               2,941,994.13

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION           0.00000000 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000000 %     0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                97.35715539


 ................................................................................


Run:        07/30/96     13:53:04                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S7 (POOL # 4148)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4148 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609445N4    22,295,000.00       197,142.87     4.500000  %    197,142.87
A-2   7609445P9    57,515,000.00    57,515,000.00     5.500000  %    738,163.82
A-3   7609445Q7    41,665,000.00    41,665,000.00     6.000000  %          0.00
A-4   7609445R5    10,090,000.00    10,090,000.00     6.250000  %          0.00
A-5   7609445S3     7,344,000.00     7,344,000.00     6.500000  %          0.00
A-6   7609445T1    45,437,000.00    45,072,637.34     6.500000  %          0.00
A-7   7609445U8    19,054,000.00    19,054,000.00     6.500000  %          0.00
A-8   7609445V6    50,184,000.00    32,505,714.29     6.000000  %    452,979.83
A-9   7609445W4             0.00             0.00     3.000000  %          0.00
A-10  7609445X2    43,420,000.00    37,609,153.89     6.500000  %    231,939.87
A-11  7609445Y0    66,266,000.00    66,266,000.00     6.500000  %          0.00
A-12  7609445Z7    32,444,000.00    37,530,116.86     6.500000  %          0.00
A-13  7609446A1     4,623,000.00     5,347,729.32     6.500000  %          0.00
A-14  7609446B9       478,414.72       409,454.79     0.000000  %      1,478.81
A-15  7609446C7             0.00             0.00     0.503062  %          0.00
R-I   7609446D5           100.00             0.00     6.500000  %          0.00
R-II  7609446E3           100.00             0.00     6.500000  %          0.00
M-1   7609446F0    11,695,500.00    11,421,751.90     6.500000  %     11,308.41
M-2   7609446G8     4,252,700.00     4,153,160.12     6.500000  %      4,111.95
M-3   7609446H6     4,252,700.00     4,153,160.12     6.500000  %      4,111.95
B-1                 2,126,300.00     2,076,531.20     6.500000  %      2,055.93
B-2                   638,000.00       623,066.80     6.500000  %        616.88
B-3                 1,488,500.71     1,453,660.48     6.500000  %      1,439.23

- -------------------------------------------------------------------------------
                  425,269,315.43   384,487,279.98                  1,645,349.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1           738.29    197,881.16             0.00         0.00           0.00
A-2       263,252.76  1,001,416.58             0.00         0.00  56,776,836.18
A-3       208,042.35    208,042.35             0.00         0.00  41,665,000.00
A-4        52,480.78     52,480.78             0.00         0.00  10,090,000.00
A-5        39,726.03     39,726.03             0.00         0.00   7,344,000.00
A-6       243,812.20    243,812.20             0.00         0.00  45,072,637.34
A-7       103,069.14    103,069.14             0.00         0.00  19,054,000.00
A-8       162,308.06    615,287.89             0.00         0.00  32,052,734.46
A-9        81,154.03     81,154.03             0.00         0.00           0.00
A-10      203,439.85    435,379.72             0.00         0.00  37,377,214.02
A-11      358,453.83    358,453.83             0.00         0.00  66,266,000.00
A-12            0.00          0.00       203,012.31         0.00  37,733,129.17
A-13            0.00          0.00        28,927.57         0.00   5,376,656.89
A-14            0.00      1,478.81             0.00         0.00     407,975.98
A-15      160,965.43    160,965.43             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        61,783.88     73,092.29             0.00         0.00  11,410,443.49
M-2        22,465.76     26,577.71             0.00         0.00   4,149,048.17
M-3        22,465.76     26,577.71             0.00         0.00   4,149,048.17
B-1        11,232.62     13,288.55             0.00         0.00   2,074,475.27
B-2         3,370.37      3,987.25             0.00         0.00     622,449.92
B-3         7,863.31      9,302.54             0.00         0.00   1,452,221.25

- -------------------------------------------------------------------------------
        2,006,624.45  3,651,974.00       231,939.88         0.00 383,073,870.31
===============================================================================



































Run:        07/30/96     13:53:04
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S7 (POOL # 4148)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4148 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      8.842470   8.842470     0.033115     8.875585   0.000000      0.000000
A-2   1000.000000  12.834284     4.577115    17.411399   0.000000    987.165716
A-3   1000.000000   0.000000     4.993216     4.993216   0.000000   1000.000000
A-4   1000.000000   0.000000     5.201267     5.201267   0.000000   1000.000000
A-5   1000.000000   0.000000     5.409318     5.409318   0.000000   1000.000000
A-6    991.980926   0.000000     5.365940     5.365940   0.000000    991.980926
A-7   1000.000000   0.000000     5.409318     5.409318   0.000000   1000.000000
A-8    647.730637   9.026380     3.234259    12.260639   0.000000    638.704258
A-10   866.171209   5.341775     4.685395    10.027170   0.000000    860.829434
A-11  1000.000000   0.000000     5.409317     5.409317   0.000000   1000.000000
A-12  1156.766023   0.000000     0.000000     0.000000   6.257314   1163.023338
A-13  1156.766022   0.000000     0.000000     0.000000   6.257316   1163.023338
A-14   855.857424   3.091063     0.000000     3.091063   0.000000    852.766361
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    976.593724   0.966903     5.282705     6.249608   0.000000    975.626821
M-2    976.593722   0.966903     5.282705     6.249608   0.000000    975.626818
M-3    976.593722   0.966903     5.282705     6.249608   0.000000    975.626818
B-1    976.593707   0.966905     5.282707     6.249612   0.000000    975.626802
B-2    976.593730   0.966897     5.282712     6.249609   0.000000    975.626834
B-3    976.593743   0.966906     5.282705     6.249611   0.000000    975.626844

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:06                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S7 (POOL # 4148)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4148 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       75,825.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    40,598.42

SUBSERVICER ADVANCES THIS MONTH                                       65,420.46
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   5,587,586.01

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,661,596.47

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,367,191.40

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     383,073,870.31

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,337

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,032,698.80

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.78216370 %     5.13647800 %    1.08135860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.76540040 %     5.14484055 %    1.08427390 %
CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5034 %

      BANKRUPTCY AMOUNT AVAILABLE                         142,572.00
      FRAUD AMOUNT AVAILABLE                            3,914,628.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,113,764.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.35842157
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.44

POOL TRADING FACTOR:                                                90.07794741


 ................................................................................


Run:        07/30/96     13:53:08                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S8 (POOL # 4149)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4149 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609444Z8    17,088,000.00    17,088,000.00     6.000000  %          0.00
A-2   7609445A2    54,914,000.00    36,510,175.69     6.000000  %    486,825.36
A-3   7609445B0    15,096,000.00    11,237,438.70     6.000000  %    102,068.22
A-4   7609445C8     6,223,000.00     6,223,000.00     6.000000  %          0.00
A-5   7609445D6     9,515,000.00     9,251,423.55     6.000000  %          0.00
A-6   7609445E4    38,566,000.00    37,303,669.38     6.000000  %          0.00
A-7   7609445F1     5,917,000.00     5,410,802.13     6.530000  %          0.00
A-8   7609445G9     3,452,000.00     3,156,682.26     5.091537  %          0.00
A-9   7609445H7             0.00             0.00     0.323157  %          0.00
R     7609445J3           100.00             0.00     6.000000  %          0.00
M-1   7609445K0       775,800.00       698,672.78     6.000000  %      3,071.59
M-2   7609445L8     2,868,200.00     2,583,053.94     6.000000  %     11,355.94
B                     620,201.82       558,543.59     6.000000  %      2,455.54

- -------------------------------------------------------------------------------
                  155,035,301.82   130,021,462.02                    605,776.65
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        85,417.30     85,417.30             0.00         0.00  17,088,000.00
A-2       182,502.38    669,327.74             0.00         0.00  36,023,350.33
A-3        56,172.26    158,240.48             0.00         0.00  11,135,370.48
A-4        31,106.73     31,106.73             0.00         0.00   6,223,000.00
A-5        46,244.83     46,244.83             0.00         0.00   9,251,423.55
A-6       186,468.80    186,468.80             0.00         0.00  37,303,669.38
A-7        29,435.96     29,435.96             0.00         0.00   5,410,802.13
A-8        13,390.08     13,390.08             0.00         0.00   3,156,682.26
A-9        35,005.18     35,005.18             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         3,492.43      6,564.02             0.00         0.00     695,601.19
M-2        12,911.84     24,267.78             0.00         0.00   2,571,698.00
B           2,791.99      5,247.53             0.00         0.00     556,088.05

- -------------------------------------------------------------------------------
          684,939.78  1,290,716.43             0.00         0.00 129,415,685.37
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1   1000.000000   0.000000     4.998672     4.998672   0.000000   1000.000000
A-2    664.860977   8.865232     3.323422    12.188654   0.000000    655.995745
A-3    744.398430   6.761276     3.721003    10.482279   0.000000    737.637154
A-4   1000.000000   0.000000     4.998671     4.998671   0.000000   1000.000000
A-5    972.298849   0.000000     4.860203     4.860203   0.000000    972.298849
A-6    967.268303   0.000000     4.835057     4.835057   0.000000    967.268303
A-7    914.450250   0.000000     4.974812     4.974812   0.000000    914.450250
A-8    914.450249   0.000000     3.878934     3.878934   0.000000    914.450249
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    900.583630   3.959255     4.501714     8.460969   0.000000    896.624375
M-2    900.583620   3.959257     4.501722     8.460979   0.000000    896.624364
B      900.583604   3.959260     4.501728     8.460988   0.000000    896.624344

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:09                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S8 (POOL # 4149)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4149 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       27,165.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,725.98

SUBSERVICER ADVANCES THIS MONTH                                        7,350.22
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     773,355.17

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     129,415,685.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          515

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       34,160.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         97.04643350 %     2.52398800 %    0.42957800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            97.04565390 %     2.52465471 %    0.42969140 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3231 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              665,100.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,661,458.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.69892685
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              147.18

POOL TRADING FACTOR:                                                83.47497883


 ................................................................................


Run:        07/30/96     13:53:10                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S9 (POOL # 4150)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4150 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609443W6    19,785,000.00    12,397,212.36     6.500000  %    234,825.19
A-2   7609443X4    70,702,000.00    46,314,357.02     6.500000  %    775,175.61
A-3   7609443Y2    11,213,000.00    11,213,000.00     6.500000  %          0.00
A-4   7609443Z9    81,754,000.00    81,754,000.00     6.500000  %          0.00
A-5   7609444A3    63,362,000.00    63,362,000.00     6.500000  %          0.00
A-6   7609444B1    17,598,000.00    17,598,000.00     6.500000  %          0.00
A-7   7609444C9     1,000,000.00     1,000,000.00     6.500000  %          0.00
A-8   7609444D7    29,500,000.00    28,806,265.95     6.500000  %     28,805.65
A-9   7609444E5             0.00             0.00     0.446455  %          0.00
R     7609444F2           100.00             0.00     6.500000  %          0.00
M-1   7609444G0     8,605,600.00     8,403,227.20     6.500000  %      8,403.05
M-2   7609444H8     3,129,000.00     3,055,417.17     6.500000  %      3,055.35
M-3   7609444J4     3,129,000.00     3,055,417.17     6.500000  %      3,055.35
B-1                 1,251,600.00     1,222,166.86     6.500000  %      1,222.14
B-2                   625,800.00       611,083.43     6.500000  %        611.07
B-3                 1,251,647.88     1,176,593.53     6.500000  %      1,176.57

- -------------------------------------------------------------------------------
                  312,906,747.88   279,968,740.69                  1,056,329.98
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        67,062.96    301,888.15             0.00         0.00  12,162,387.17
A-2       250,538.40  1,025,714.01             0.00         0.00  45,539,181.41
A-3        60,656.94     60,656.94             0.00         0.00  11,213,000.00
A-4       442,249.83    442,249.83             0.00         0.00  81,754,000.00
A-5       342,757.95    342,757.95             0.00         0.00  63,362,000.00
A-6        95,196.72     95,196.72             0.00         0.00  17,598,000.00
A-7         5,409.52      5,409.52             0.00         0.00   1,000,000.00
A-8       155,828.05    184,633.70             0.00         0.00  28,777,460.30
A-9       104,023.65    104,023.65             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        45,457.42     53,860.47             0.00         0.00   8,394,824.15
M-2        16,528.34     19,583.69             0.00         0.00   3,052,361.82
M-3        16,528.34     19,583.69             0.00         0.00   3,052,361.82
B-1         6,611.33      7,833.47             0.00         0.00   1,220,944.72
B-2         3,305.67      3,916.74             0.00         0.00     610,472.36
B-3         6,364.79      7,541.36             0.00         0.00   1,175,416.96

- -------------------------------------------------------------------------------
        1,618,519.91  2,674,849.89             0.00         0.00 278,912,410.71
===============================================================================















































Run:        07/30/96     13:53:10
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S9 (POOL # 4150)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4150 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    626.596531  11.868850     3.389586    15.258436   0.000000    614.727681
A-2    655.064312  10.963984     3.543583    14.507567   0.000000    644.100328
A-3   1000.000000   0.000000     5.409519     5.409519   0.000000   1000.000000
A-4   1000.000000   0.000000     5.409519     5.409519   0.000000   1000.000000
A-5   1000.000000   0.000000     5.409519     5.409519   0.000000   1000.000000
A-6   1000.000000   0.000000     5.409519     5.409519   0.000000   1000.000000
A-7   1000.000000   0.000000     5.409520     5.409520   0.000000   1000.000000
A-8    976.483592   0.976463     5.282307     6.258770   0.000000    975.507129
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    976.483592   0.976463     5.282307     6.258770   0.000000    975.507129
M-2    976.483595   0.976462     5.282307     6.258769   0.000000    975.507133
M-3    976.483595   0.976462     5.282307     6.258769   0.000000    975.507133
B-1    976.483589   0.976462     5.282303     6.258765   0.000000    975.507127
B-2    976.483589   0.976462     5.282311     6.258773   0.000000    975.507127
B-3    940.035571   0.940009     5.085136     6.025145   0.000000    939.095555

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:12                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S9 (POOL # 4150)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4150 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       58,908.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    30,283.70

SUBSERVICER ADVANCES THIS MONTH                                       28,948.81
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,049,309.55

 (B)  TWO MONTHLY PAYMENTS:                                    3     645,285.63

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     812,198.80


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        791,107.71

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     278,912,410.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          976

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      776,367.23

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.74076360 %     5.18417200 %    1.07506420 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.72334070 %     5.19860258 %    1.07805670 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4466 %

      BANKRUPTCY AMOUNT AVAILABLE                         124,986.00
      FRAUD AMOUNT AVAILABLE                            2,846,141.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,359,024.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.32452525
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.32

POOL TRADING FACTOR:                                                89.13595268


 ................................................................................


Run:        07/30/96     13:53:13                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S10 (POOL # 4151)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4151 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609444K1    31,032,000.00     4,651,100.94     6.500000  %  1,461,510.32
A-2   7609444L9    29,271,000.00    29,271,000.00     6.000000  %          0.00
A-3   7609444M7    28,657,000.00    28,657,000.00     6.350000  %          0.00
A-4   7609444N5     4,730,000.00     4,730,000.00     6.500000  %          0.00
A-5   7609444P0             0.00             0.00     6.500000  %          0.00
A-6   7609444Q8    25,586,000.00    24,935,106.59     6.500000  %          0.00
A-7   7609444R6    11,221,052.00    10,500,033.66     6.091000  %          0.00
A-8   7609444S4     5,178,948.00     4,846,170.25     7.385699  %          0.00
A-9   7609444T2    16,947,000.00    16,947,000.00     6.500000  %          0.00
A-10  7609444U9             0.00             0.00     0.198198  %          0.00
R-I   7609444V7           100.00             0.00     6.500000  %          0.00
R-II  7609444W5           100.00             0.00     6.500000  %          0.00
M-1   7609444X3       785,000.00       709,492.30     6.500000  %      3,088.93
M-2   7609444Y1     2,903,500.00     2,624,217.72     6.500000  %     11,425.12
B                     627,984.63       567,579.93     6.500000  %      2,471.10

- -------------------------------------------------------------------------------
                  156,939,684.63   128,438,701.39                  1,478,495.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        25,033.79  1,486,544.11             0.00         0.00   3,189,590.62
A-2       145,427.44    145,427.44             0.00         0.00  29,271,000.00
A-3       150,682.22    150,682.22             0.00         0.00  28,657,000.00
A-4        25,458.45     25,458.45             0.00         0.00   4,730,000.00
A-5        15,678.37     15,678.37             0.00         0.00           0.00
A-6       134,209.15    134,209.15             0.00         0.00  24,935,106.59
A-7        52,958.64     52,958.64             0.00         0.00  10,500,033.66
A-8        29,637.93     29,637.93             0.00         0.00   4,846,170.25
A-9        91,214.47     91,214.47             0.00         0.00  16,947,000.00
A-10       21,079.10     21,079.10             0.00         0.00           0.00
R-I             1.88          1.88             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1         3,818.72      6,907.65             0.00         0.00     706,403.37
M-2        14,124.42     25,549.54             0.00         0.00   2,612,792.60
B           3,054.94      5,526.04             0.00         0.00     565,108.83

- -------------------------------------------------------------------------------
          712,379.52  2,190,874.99             0.00         0.00 126,960,205.92
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    149.880799  47.096878     0.806709    47.903587   0.000000    102.783921
A-2   1000.000000   0.000000     4.968311     4.968311   0.000000   1000.000000
A-3   1000.000000   0.000000     5.258130     5.258130   0.000000   1000.000000
A-4   1000.000000   0.000000     5.382336     5.382336   0.000000   1000.000000
A-6    974.560564   0.000000     5.245414     5.245414   0.000000    974.560564
A-7    935.744141   0.000000     4.719579     4.719579   0.000000    935.744141
A-8    935.744141   0.000000     5.722770     5.722770   0.000000    935.744142
A-9   1000.000000   0.000000     5.382337     5.382337   0.000000   1000.000000
R-I      0.000000   0.000000    18.810000    18.810000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    903.811847   3.934943     4.864611     8.799554   0.000000    899.876905
M-2    903.811855   3.934947     4.864619     8.799566   0.000000    899.876907
B      903.811818   3.934953     4.864625     8.799578   0.000000    899.876865

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:14                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S10 (POOL # 4151)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4151 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       29,284.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,949.95

SUBSERVICER ADVANCES THIS MONTH                                        3,289.54
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      82,203.56

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        271,101.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     126,960,205.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          531

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      919,308.62

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.96252770 %     2.59556500 %    0.44190730 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.94053360 %     2.61435932 %    0.44510710 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1985 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              663,513.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,827,686.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.09883682
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              146.03

POOL TRADING FACTOR:                                                80.89745192


 ................................................................................


Run:        07/30/96     13:53:16                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S11 (POOL # 4152)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4152 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609446X1   167,000,000.00   136,223,113.21     6.990100  %  2,476,415.97
A-2   760947LS8    99,787,000.00    81,396,980.81     6.990100  %  1,479,725.27
A-3   7609446Y9   100,000,000.00   116,290,693.90     6.990100  %          0.00
A-4   7609446Z6             0.00             0.00     0.133000  %          0.00
R     7609447A0           100.00             0.00     6.990100  %          0.00
M-1   7609447B8    10,702,300.00    10,458,442.85     6.990100  %     10,149.81
M-2   7609447C6     3,891,700.00     3,803,025.68     6.990100  %      3,690.80
M-3   7609447D4     3,891,700.00     3,803,025.68     6.990100  %      3,690.80
B-1                 1,751,300.00     1,711,395.76     6.990100  %      1,660.89
B-2                   778,400.00       760,663.77     6.990100  %        738.22
B-3                 1,362,164.15     1,331,126.60     6.990100  %      1,291.84

- -------------------------------------------------------------------------------
                  389,164,664.15   355,778,468.26                  3,977,363.60
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       790,446.06  3,266,862.03             0.00         0.00 133,746,697.24
A-2       472,312.82  1,952,038.09             0.00         0.00  79,917,255.54
A-3             0.00          0.00       674,786.52         0.00 116,965,480.42
A-4        39,279.80     39,279.80             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        60,685.99     70,835.80             0.00         0.00  10,448,293.04
M-2        22,067.37     25,758.17             0.00         0.00   3,799,334.88
M-3        22,067.37     25,758.17             0.00         0.00   3,799,334.88
B-1         9,930.51     11,591.40             0.00         0.00   1,709,734.87
B-2         4,413.82      5,152.04             0.00         0.00     759,925.55
B-3         7,723.99      9,015.83             0.00         0.00   1,329,834.76

- -------------------------------------------------------------------------------
        1,428,927.73  5,406,291.33       674,786.52         0.00 352,475,891.18
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    815.707265  14.828838     4.733210    19.562048   0.000000    800.878427
A-2    815.707265  14.828838     4.733210    19.562048   0.000000    800.878426
A-3   1162.906939   0.000000     0.000000     0.000000   6.747865   1169.654804
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    977.214510   0.948377     5.670369     6.618746   0.000000    976.266133
M-2    977.214503   0.948377     5.670368     6.618745   0.000000    976.266125
M-3    977.214503   0.948377     5.670368     6.618745   0.000000    976.266125
B-1    977.214504   0.948375     5.670365     6.618740   0.000000    976.266128
B-2    977.214504   0.948381     5.670375     6.618756   0.000000    976.266123
B-3    977.214530   0.948373     5.670367     6.618740   0.000000    976.266157

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:17                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S11 (POOL # 4152)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4152 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       67,509.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    24,089.53

SUBSERVICER ADVANCES THIS MONTH                                       48,785.47
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   5,033,316.81

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,099,772.95

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     122,250.83


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        788,788.94

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     352,475,891.18

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,374

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,957,297.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.85356840 %     5.07745600 %    1.06897590 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.80199940 %     5.12005594 %    1.07794470 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,794,285.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,330,185.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.43122363
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.62

POOL TRADING FACTOR:                                                90.57242953


 ................................................................................


Run:        07/30/96     13:53:18                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S12 (POOL # 4153)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4153 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947AA9    43,484,000.00    25,546,938.88     6.500000  %    836,099.72
A-2   760947AB7    16,923,000.00    16,923,000.00     6.500000  %          0.00
A-3   760947AC5    28,000,000.00    19,750,040.87     6.500000  %    384,555.11
A-4   760947AD3    73,800,000.00    70,933,530.83     6.500000  %     82,193.58
A-5   760947AE1    13,209,000.00    15,197,653.28     6.500000  %          0.00
A-6   760947AF8     1,749,506.64     1,479,181.23     0.000000  %     46,267.07
A-7   760947AG6             0.00             0.00     0.045000  %          0.00
A-8   760947AH4             0.00             0.00     0.215192  %          0.00
R     760947AJ0           100.00             0.00     6.500000  %          0.00
M-1   760947AK7       909,200.00       825,304.51     6.500000  %      3,544.16
M-2   760947AL5     2,907,400.00     2,639,122.61     6.500000  %     11,333.36
B                     726,864.56       659,793.82     6.500000  %      2,833.40

- -------------------------------------------------------------------------------
                  181,709,071.20   153,954,566.03                  1,366,826.40
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       138,165.71    974,265.43             0.00         0.00  24,710,839.16
A-2        91,524.79     91,524.79             0.00         0.00  16,923,000.00
A-3       106,814.30    491,369.41             0.00         0.00  19,365,485.76
A-4       383,630.36    465,823.94             0.00         0.00  70,851,337.25
A-5             0.00          0.00        82,193.58         0.00  15,279,846.86
A-6             0.00     46,267.07             0.00         0.00   1,432,914.16
A-7         5,764.39      5,764.39             0.00         0.00           0.00
A-8        27,565.56     27,565.56             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         4,463.50      8,007.66             0.00         0.00     821,760.35
M-2        14,273.19     25,606.55             0.00         0.00   2,627,789.25
B           3,568.41      6,401.81             0.00         0.00     656,960.42

- -------------------------------------------------------------------------------
          775,770.21  2,142,596.61        82,193.58         0.00 152,669,933.21
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    587.502044  19.227755     3.177392    22.405147   0.000000    568.274289
A-2   1000.000000   0.000000     5.408308     5.408308   0.000000   1000.000000
A-3    705.358603  13.734111     3.814796    17.548907   0.000000    691.624491
A-4    961.158954   1.113734     5.198243     6.311977   0.000000    960.045220
A-5   1150.552902   0.000000     0.000000     0.000000   6.222544   1156.775446
A-6    845.484776  26.445781     0.000000    26.445781   0.000000    819.038995
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    907.726034   3.898108     4.909261     8.807369   0.000000    903.827926
M-2    907.726013   3.898108     4.909263     8.807371   0.000000    903.827905
B      907.725946   3.898113     4.909250     8.807363   0.000000    903.827833

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:19                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S12 (POOL # 4153)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4153 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       28,814.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,648.05

SUBSERVICER ADVANCES THIS MONTH                                        6,618.47
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     685,785.53

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     152,669,933.21

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          634

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      623,392.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         97.29515620 %     2.27212200 %    0.43272150 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            97.28471900 %     2.25948196 %    0.43439130 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2160 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              784,578.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     896,783.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.00509987
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              147.43

POOL TRADING FACTOR:                                                84.01888370


 ................................................................................


Run:        07/30/96     13:53:20                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S13 (POOL # 4154)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4154 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947AR2   205,217,561.00   153,538,858.79     7.000000  %  2,759,695.60
A-2   760947AS0    49,338,300.00    49,338,300.00     7.000000  %          0.00
A-3   760947AT8    12,500,000.00     9,962,310.31     7.000000  %    135,515.23
A-4   760947BA8   100,000,000.00   115,647,372.62     7.000000  %          0.00
A-5   760947AU5     2,381,928.79     2,184,939.57     0.000000  %      2,476.94
A-6   760947AV3             0.00             0.00     0.364042  %          0.00
R     760947AW1           100.00             0.00     7.000000  %          0.00
M-1   760947AX9    11,822,000.00    11,563,864.90     7.000000  %     10,890.06
M-2   760947AY7     3,940,650.00     3,854,605.30     7.000000  %      3,630.01
M-3   760947AZ4     3,940,700.00     3,854,654.22     7.000000  %      3,630.05
B-1                 2,364,500.00     2,312,870.77     7.000000  %      2,178.10
B-2                   788,200.00       770,989.55     7.000000  %        726.07
B-3                 1,773,245.53     1,711,495.06     7.000000  %      1,611.77

- -------------------------------------------------------------------------------
                  394,067,185.32   354,740,261.09                  2,920,353.83
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       895,464.16  3,655,159.76             0.00         0.00 150,779,163.19
A-2       287,749.17    287,749.17             0.00         0.00  49,338,300.00
A-3        58,101.85    193,617.08             0.00         0.00   9,826,795.08
A-4             0.00          0.00       674,474.71         0.00 116,321,847.33
A-5             0.00      2,476.94             0.00         0.00   2,182,462.63
A-6       107,595.47    107,595.47             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        67,442.39     78,332.45             0.00         0.00  11,552,974.84
M-2        22,480.70     26,110.71             0.00         0.00   3,850,975.29
M-3        22,480.98     26,111.03             0.00         0.00   3,851,024.17
B-1        13,489.05     15,667.15             0.00         0.00   2,310,692.67
B-2         4,496.54      5,222.61             0.00         0.00     770,263.48
B-3         9,981.72     11,593.49             0.00         0.00   1,709,883.29

- -------------------------------------------------------------------------------
        1,489,282.03  4,409,635.86       674,474.71         0.00 352,494,381.97
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    748.176024  13.447658     4.363487    17.811145   0.000000    734.728366
A-2   1000.000000   0.000000     5.832166     5.832166   0.000000   1000.000000
A-3    796.984825  10.841218     4.648148    15.489366   0.000000    786.143606
A-4   1156.473726   0.000000     0.000000     0.000000   6.744747   1163.218473
A-5    917.298443   1.039888     0.000000     1.039888   0.000000    916.258555
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    978.164854   0.921169     5.704821     6.625990   0.000000    977.243685
M-2    978.164846   0.921170     5.704820     6.625990   0.000000    977.243676
M-3    978.164849   0.921169     5.704819     6.625988   0.000000    977.243680
B-1    978.164842   0.921167     5.704821     6.625988   0.000000    977.243675
B-2    978.164869   0.921175     5.704821     6.625996   0.000000    977.243695
B-3    965.176582   0.908938     5.629068     6.538006   0.000000    964.267644

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:22                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S13 (POOL # 4154)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4154 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       61,201.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    19,741.58

SUBSERVICER ADVANCES THIS MONTH                                       46,702.18
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   4,314,438.35

 (B)  TWO MONTHLY PAYMENTS:                                    1     206,293.23

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     502,562.65


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,420,169.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     352,494,381.97

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,317

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,911,621.64

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.17313390 %     5.46669500 %    1.36017100 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.13588480 %     5.46249112 %    1.36759250 %
CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3641 %

      BANKRUPTCY AMOUNT AVAILABLE                         106,235.00
      FRAUD AMOUNT AVAILABLE                            3,568,133.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,568,133.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.60800652
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              325.43

POOL TRADING FACTOR:                                                89.45032601


 ................................................................................


Run:        07/30/96     13:53:23                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S14 (POOL # 4155)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4155 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947BB6   150,068,000.00   126,250,214.32     6.500000  %  1,076,962.32
A-2   760947BC4     1,321,915.43     1,151,304.91     0.000000  %      5,454.78
A-3   760947BD2             0.00             0.00     0.308676  %          0.00
R     760947BE0           100.00             0.00     6.500000  %          0.00
M-1   760947BF7     1,168,000.00     1,063,503.57     6.500000  %      4,591.76
M-2   760947BG5     2,491,000.00     2,268,139.85     6.500000  %      9,792.87
B                     622,704.85       566,993.84     6.500000  %      2,448.04

- -------------------------------------------------------------------------------
                  155,671,720.28   131,300,156.49                  1,099,249.77
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       683,553.90  1,760,516.22             0.00         0.00 125,173,252.00
A-2             0.00      5,454.78             0.00         0.00   1,145,850.13
A-3        33,759.45     33,759.45             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         5,758.10     10,349.86             0.00         0.00   1,058,911.81
M-2        12,280.34     22,073.21             0.00         0.00   2,258,346.98
B           3,069.87      5,517.91             0.00         0.00     564,545.80

- -------------------------------------------------------------------------------
          738,421.66  1,837,671.43             0.00         0.00 130,200,906.72
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    841.286712   7.176495     4.554961    11.731456   0.000000    834.110217
A-2    870.936887   4.126421     0.000000     4.126421   0.000000    866.810466
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    910.533878   3.931301     4.929880     8.861181   0.000000    906.602577
M-2    910.533862   3.931301     4.929884     8.861185   0.000000    906.602561
B      910.533843   3.931301     4.929896     8.861197   0.000000    906.602542

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:24                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S14 (POOL # 4155)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4155 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       25,198.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,154.28

SUBSERVICER ADVANCES THIS MONTH                                        8,093.64
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     847,760.33

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     130,200,906.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          546

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      532,163.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         97.00447820 %     2.55987200 %    0.43565030 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.99213290 %     2.54780007 %    0.43744570 %
CLASS A-3  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3090 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              658,767.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     854,579.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.04827281
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              147.40

POOL TRADING FACTOR:                                                83.63812418


 ................................................................................


Run:        07/30/96     13:53:25                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S15 (POOL # 4156)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4156 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947BR1    26,000,000.00    17,320,397.91     7.750000  %    181,352.88
A-2   760947BS9    40,324,000.00    31,385,747.03     7.750000  %          0.00
A-3   760947BT7     6,500,000.00     6,500,000.00     7.750000  %          0.00
A-4   760947BU4     5,000,000.00     3,282,360.40     7.750000  %          0.00
A-5   760947BV2    15,371,000.00    15,371,000.00     7.750000  %          0.00
A-6   760947BW0    19,487,000.00    13,611,038.31     7.750000  %          0.00
A-7   760947BX8    21,500,000.00    24,929,331.96     7.750000  %          0.00
A-8   760947BY6    15,537,000.00    10,553,451.68     7.750000  %    110,499.71
A-9   760947BZ3     2,074,847.12     1,946,210.71     0.000000  %      2,073.65
A-10  760947CE9             0.00             0.00     0.339868  %          0.00
R     760947CA7       355,000.00        40,977.88     7.750000  %         43.62
M-1   760947CB5     4,463,000.00     4,375,118.82     7.750000  %      3,686.26
M-2   760947CC3     2,028,600.00     1,988,654.73     7.750000  %      1,675.54
M-3   760947CD1     1,623,000.00     1,591,041.41     7.750000  %      1,340.53
B-1                   974,000.00       954,820.90     7.750000  %        804.48
B-2                   324,600.00       318,208.29     7.750000  %        268.11
B-3                   730,456.22       716,072.80     7.750000  %        603.34

- -------------------------------------------------------------------------------
                  162,292,503.34   134,884,432.83                    302,348.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       111,837.80    293,190.68             0.00         0.00  17,139,045.03
A-2       202,657.76    202,657.76             0.00         0.00  31,385,747.03
A-3        41,970.50     41,970.50             0.00         0.00   6,500,000.00
A-4        21,194.20     21,194.20             0.00         0.00   3,282,360.40
A-5        99,250.54     99,250.54             0.00         0.00  15,371,000.00
A-6        87,886.47     87,886.47             0.00         0.00  13,611,038.31
A-7             0.00          0.00       160,968.69         0.00  25,090,300.65
A-8        68,143.63    178,643.34             0.00         0.00  10,442,951.97
A-9             0.00      2,073.65             0.00         0.00   1,944,137.06
A-10       38,194.53     38,194.53             0.00         0.00           0.00
R             264.60        308.22             0.00         0.00      40,934.26
M-1        28,250.14     31,936.40             0.00         0.00   4,371,432.56
M-2        12,840.75     14,516.29             0.00         0.00   1,986,979.19
M-3        10,273.36     11,613.89             0.00         0.00   1,589,700.88
B-1         6,165.28      6,969.76             0.00         0.00     954,016.42
B-2         2,054.68      2,322.79             0.00         0.00     317,940.18
B-3         4,623.64      5,226.98             0.00         0.00     715,469.46

- -------------------------------------------------------------------------------
          735,607.88  1,037,956.00       160,968.69         0.00 134,743,053.40
===============================================================================














































Run:        07/30/96     13:53:25
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S15 (POOL # 4156)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4156 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    666.169150   6.975111     4.301454    11.276565   0.000000    659.194040
A-2    778.339129   0.000000     5.025736     5.025736   0.000000    778.339129
A-3   1000.000000   0.000000     6.457000     6.457000   0.000000   1000.000000
A-4    656.472080   0.000000     4.238840     4.238840   0.000000    656.472080
A-5   1000.000000   0.000000     6.457000     6.457000   0.000000   1000.000000
A-6    698.467610   0.000000     4.510005     4.510005   0.000000    698.467610
A-7   1159.503812   0.000000     0.000000     0.000000   7.486916   1166.990728
A-8    679.246423   7.112036     4.385894    11.497930   0.000000    672.134387
A-9    938.001982   0.999423     0.000000     0.999423   0.000000    937.002559
R      115.430648   0.122873     0.745352     0.868225   0.000000    115.307775
M-1    980.308945   0.825960     6.329854     7.155814   0.000000    979.482985
M-2    980.308947   0.825959     6.329858     7.155817   0.000000    979.482988
M-3    980.308940   0.825958     6.329858     7.155816   0.000000    979.482982
B-1    980.308932   0.825955     6.329856     7.155811   0.000000    979.482977
B-2    980.308965   0.825970     6.329883     7.155853   0.000000    979.482995
B-3    980.308991   0.825963     6.329852     7.155815   0.000000    979.483014

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:27                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S15 (POOL # 4156)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4156 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,214.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,962.86

SUBSERVICER ADVANCES THIS MONTH                                       34,476.62
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,632,888.07

 (B)  TWO MONTHLY PAYMENTS:                                    2     626,759.68

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        230,251.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     134,743,053.40

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          507

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       27,587.24

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.51989620 %     5.98384300 %    1.49626040 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.51835860 %     5.89871791 %    1.49656800 %
CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3399 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,534,989.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,074,617.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.28052714
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              325.88

POOL TRADING FACTOR:                                                83.02481669


 ................................................................................


Run:        07/30/96     13:56:06                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S16 (POOL # 4157)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4157 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-I   760947BH3    25,878,300.00    22,709,797.83     6.500000  %    102,229.29
A-II  760947BJ9    22,971,650.00    19,375,509.88     7.000000  %     88,619.63
A-II  760947BK6    31,478,830.00    24,335,865.37     7.500000  %    118,654.08
IO    760947BL4             0.00             0.00     0.334999  %          0.00
R-I   760947BM2           100.00             0.00     6.500000  %          0.00
R-II  760947BN0           100.00             0.00     6.500000  %          0.00
M-1   760947BP5     1,040,530.00       959,771.27     7.037104  %      3,862.33
M-2   760947BQ3     1,539,985.00     1,420,462.06     7.037104  %      5,716.26
B                     332,976.87       307,133.51     7.037105  %      1,235.97

- -------------------------------------------------------------------------------
                   83,242,471.87    69,108,539.92                    320,317.56
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-I       122,933.59    225,162.88             0.00         0.00  22,607,568.54
A-II      112,952.31    201,571.94             0.00         0.00  19,286,890.25
A-III     152,002.94    270,657.02             0.00         0.00  24,217,211.29
IO         19,280.51     19,280.51             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1         5,624.78      9,487.11             0.00         0.00     955,908.94
M-2         8,324.68     14,040.94             0.00         0.00   1,414,745.80
B           1,799.97      3,035.94             0.00         0.00     305,897.54

- -------------------------------------------------------------------------------
          422,918.78    743,236.34             0.00         0.00  68,788,222.36
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-I    877.561425   3.950387     4.750451     8.700838   0.000000    873.611038
A-II   843.453121   3.857783     4.917031     8.774814   0.000000    839.595338
A-II   773.086718   3.769329     4.828735     8.598064   0.000000    769.317389
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    922.386928   3.711891     5.405690     9.117581   0.000000    918.675037
M-2    922.386945   3.711891     5.405689     9.117580   0.000000    918.675055
B      922.386921   3.711890     5.405687     9.117577   0.000000    918.675031

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:56:07                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4157)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4157 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,435.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,894.93

SUBSERVICER ADVANCES THIS MONTH                                       12,757.59
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5     745,789.26

 (B)  TWO MONTHLY PAYMENTS:                                    2     517,060.02

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      68,788,222.34

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          324

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       41,352.57

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.11138240 %     3.44419600 %    0.44442190 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.10899630 %     3.44630906 %    0.44469460 %
CLASS IO   - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3350 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              791,711.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     500,000.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.62711200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              149.93

POOL TRADING FACTOR:                                                82.63596791


Run:     07/30/96     13:56:08                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4157)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4157      
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,965.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,331.94

SUBSERVICER ADVANCES THIS MONTH                                        2,104.97
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     220,885.32

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      23,464,292.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          108

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        4,923.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.34958470 %     3.23322000 %    0.41719490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.23389859 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.04390821
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              147.85

POOL TRADING FACTOR:                                                87.49750370


Run:     07/30/96     13:56:09                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4158)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4158      
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,400.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,128.05

SUBSERVICER ADVANCES THIS MONTH                                        2,917.45
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     296,174.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      20,050,884.80

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           90

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        9,685.25

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.19156110 %     3.37317400 %    0.43526480 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.37480359 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.44770242
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              150.26

POOL TRADING FACTOR:                                                84.23035013


Run:     07/30/96     13:56:09                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4159)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4159      
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,069.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,434.94

SUBSERVICER ADVANCES THIS MONTH                                        7,735.17
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5     745,789.26

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      25,273,045.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          126

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       26,743.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.82670870 %     3.69633600 %    0.47695480 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.70024785 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.31091572
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              151.59

POOL TRADING FACTOR:                                                77.47583822


 ................................................................................


Run:        07/30/96     13:53:28                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S17 (POOL # 4160)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4160 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947CF6    19,086,000.00             0.00     8.000000  %          0.00
A-2   760947CG4    28,854,000.00    14,537,680.12     8.000000  %    570,943.43
A-3   760947CH2     5,000,000.00     5,000,000.00     8.000000  %          0.00
A-4   760947CJ8     1,000,000.00     1,000,000.00     7.750000  %          0.00
A-5   760947CK5     1,000,000.00     1,000,000.00     8.250000  %          0.00
A-6   760947CL3    19,000,000.00    19,000,000.00     8.000000  %          0.00
A-7   760947CM1    49,847,000.00    39,235,397.24     8.000000  %  1,441,733.38
A-8   760947CN9     2,100,000.00     2,100,000.00     8.000000  %          0.00
A-9   760947CP4    13,566,000.00    13,566,000.00     8.000000  %          0.00
A-10  760947CQ2    50,737,000.00    50,737,000.00     8.000000  %          0.00
A-11  760947CR0     2,777,852.16     2,513,120.18     0.000000  %      5,180.44
A-12  760947CW9             0.00             0.00     0.337908  %          0.00
R     760947CS8           100.00             0.00     8.000000  %          0.00
M-1   760947CT6     5,660,500.00     5,573,915.50     8.000000  %      4,389.70
M-2   760947CU3     2,572,900.00     2,533,544.23     8.000000  %      1,995.28
M-3   760947CV1     2,058,400.00     2,026,914.16     8.000000  %      1,596.28
B-1                 1,029,200.00     1,013,457.06     8.000000  %        798.14
B-2                   617,500.00       608,054.56     8.000000  %        478.87
B-3                   926,311.44       912,142.41     8.000000  %        718.35

- -------------------------------------------------------------------------------
                  205,832,763.60   161,357,225.46                  2,027,833.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        96,888.53    667,831.96             0.00         0.00  13,966,736.69
A-3        33,333.33     33,333.33             0.00         0.00   5,000,000.00
A-4         6,458.33      6,458.33             0.00         0.00   1,000,000.00
A-5         6,872.92      6,872.92             0.00         0.00   1,000,000.00
A-6       126,666.67    126,666.67             0.00         0.00  19,000,000.00
A-7       261,490.11  1,703,223.49             0.00         0.00  37,793,663.86
A-8        13,995.76     13,995.76             0.00         0.00   2,100,000.00
A-9        90,412.62     90,412.62             0.00         0.00  13,566,000.00
A-10      338,144.26    338,144.26             0.00         0.00  50,737,000.00
A-11            0.00      5,180.44             0.00         0.00   2,507,939.74
A-12       45,422.77     45,422.77             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        37,148.19     41,537.89             0.00         0.00   5,569,525.80
M-2        16,885.18     18,880.46             0.00         0.00   2,531,548.95
M-3        13,508.67     15,104.95             0.00         0.00   2,025,317.88
B-1         6,754.33      7,552.47             0.00         0.00   1,012,658.92
B-2         4,052.47      4,531.34             0.00         0.00     607,575.69
B-3         6,079.11      6,797.46             0.00         0.00     835,500.67

- -------------------------------------------------------------------------------
        1,104,113.25  3,131,947.12             0.00         0.00 159,253,468.20
===============================================================================










































Run:        07/30/96     13:53:28
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S17 (POOL # 4160)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4160 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    503.835867  19.787323     3.357889    23.145212   0.000000    484.048544
A-3   1000.000000   0.000000     6.666666     6.666666   0.000000   1000.000000
A-4   1000.000000   0.000000     6.458330     6.458330   0.000000   1000.000000
A-5   1000.000000   0.000000     6.872920     6.872920   0.000000   1000.000000
A-6   1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-7    787.116521  28.923173     5.245855    34.169028   0.000000    758.193349
A-8   1000.000000   0.000000     6.664648     6.664648   0.000000   1000.000000
A-9   1000.000000   0.000000     6.664648     6.664648   0.000000   1000.000000
A-10  1000.000000   0.000000     6.664648     6.664648   0.000000   1000.000000
A-11   904.699039   1.864908     0.000000     1.864908   0.000000    902.834131
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    984.703736   0.775497     6.562705     7.338202   0.000000    983.928240
M-2    984.703731   0.775498     6.562704     7.338202   0.000000    983.928233
M-3    984.703731   0.775496     6.562704     7.338200   0.000000    983.928236
B-1    984.703712   0.775496     6.562699     7.338195   0.000000    983.928216
B-2    984.703741   0.775498     6.562704     7.338202   0.000000    983.928243
B-3    984.703816   0.775495     6.562706     7.338201   0.000000    901.965186

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:29                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S17 (POOL # 4160)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4160 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       30,216.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,201.32

SUBSERVICER ADVANCES THIS MONTH                                       42,494.36
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   3,897,488.89

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,193,699.66

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        434,309.59

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     159,253,468.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          646

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,682,027.88

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.02486750 %     6.38007600 %    1.59505700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.97289520 %     6.35866380 %    1.56670200 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3383 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,955,725.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,347,389.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.48866711
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              326.56

POOL TRADING FACTOR:                                                77.37032016


 ................................................................................


Run:        07/30/96     13:53:31                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S18 (POOL # 4161)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4161 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947CX7    20,960,000.00     1,376,958.68     8.000000  %    295,042.49
A-2   760947CY5    21,457,000.00    12,273,089.06     8.000000  %    295,070.43
A-3   760947CZ2     8,555,000.00     8,555,000.00     8.000000  %          0.00
A-4   760947DA6    48,771,000.00    48,771,000.00     8.000000  %          0.00
A-5   760947DJ7    15,500,000.00    15,500,000.00     8.000000  %          0.00
A-6   760947DB4    10,000,000.00    10,000,000.00     8.000000  %          0.00
A-7   760947DC2     1,364,277.74     1,320,844.41     0.000000  %      1,929.29
A-8   760947DD0             0.00             0.00     0.380346  %          0.00
R     760947DE8       160,000.00        19,237.04     8.000000  %        117.67
M-1   760947DF5     4,067,400.00     4,009,838.46     8.000000  %      3,222.14
M-2   760947DG3     1,355,800.00     1,336,612.81     8.000000  %      1,074.05
M-3   760947DH1     1,694,700.00     1,670,716.74     8.000000  %      1,342.52
B-1                   611,000.00       602,353.19     8.000000  %        484.03
B-2                   474,500.00       467,784.92     8.000000  %        375.89
B-3                   610,170.76       529,871.44     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  135,580,848.50   106,433,306.75                    598,658.51
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         9,175.33    304,217.82             0.00         0.00   1,081,916.19
A-2        81,781.48    376,851.91             0.00         0.00  11,978,018.63
A-3        57,006.07     57,006.07             0.00         0.00   8,555,000.00
A-4       324,984.58    324,984.58             0.00         0.00  48,771,000.00
A-5       103,283.93    103,283.93             0.00         0.00  15,500,000.00
A-6        66,666.67     66,666.67             0.00         0.00  10,000,000.00
A-7             0.00      1,929.29             0.00         0.00   1,318,915.12
A-8        33,718.44     33,718.44             0.00         0.00           0.00
R             128.19        245.86             0.00         0.00      19,119.37
M-1        26,719.48     29,941.62             0.00         0.00   4,006,616.32
M-2         8,906.49      9,980.54             0.00         0.00   1,335,538.76
M-3        11,132.79     12,475.31             0.00         0.00   1,669,374.22
B-1         4,013.77      4,497.80             0.00         0.00     601,869.16
B-2         3,117.08      3,492.97             0.00         0.00     467,409.03
B-3           872.69        872.69             0.00         0.00     529,445.66

- -------------------------------------------------------------------------------
          731,506.99  1,330,165.50             0.00         0.00 105,834,222.46
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     65.694594  14.076455     0.437754    14.514209   0.000000     51.618139
A-2    571.985322  13.751709     3.811413    17.563122   0.000000    558.233613
A-3   1000.000000   0.000000     6.663480     6.663480   0.000000   1000.000000
A-4   1000.000000   0.000000     6.663480     6.663480   0.000000   1000.000000
A-5   1000.000000   0.000000     6.663479     6.663479   0.000000   1000.000000
A-6   1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-7    968.163865   1.414148     0.000000     1.414148   0.000000    966.749718
R      120.231500   0.735438     0.801188     1.536626   0.000000    119.496063
M-1    985.848075   0.792187     6.569179     7.361366   0.000000    985.055888
M-2    985.848068   0.792189     6.569177     7.361366   0.000000    985.055878
M-3    985.848079   0.792187     6.569180     7.361367   0.000000    985.055892
B-1    985.848101   0.792193     6.569182     7.361375   0.000000    985.055908
B-2    985.848093   0.792181     6.569189     7.361370   0.000000    985.055912
B-3    868.398610   0.000000     1.430239     1.430239   0.000000    867.700806

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:32                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S18 (POOL # 4161)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4161 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       21,136.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,527.69

SUBSERVICER ADVANCES THIS MONTH                                       13,134.35
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,423,059.20

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     138,417.64


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         64,315.76

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     105,834,222.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          414

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      513,417.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.80194490 %     6.67586700 %    1.52218820 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.76173010 %     6.62501140 %    1.52965520 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3815 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,289,653.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,982,674.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.58153977
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              327.53

POOL TRADING FACTOR:                                                78.05986143


 ................................................................................


Run:        07/30/96     13:53:33                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S19 (POOL # 4162)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4162 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760947DK4    75,339,000.00    49,062,120.37     7.849467  %  1,428,301.91
R     760947DP3           100.00             0.00     7.849467  %          0.00
M-1   760947DL2    12,120,000.00     7,892,752.89     7.849467  %    229,774.70
M-2   760947DM0     3,327,400.00     3,268,680.54     7.849467  %      2,423.48
M-3   760947DN8     2,139,000.00     2,101,252.53     7.849467  %      1,557.92
B-1                   951,000.00       934,217.48     7.849467  %        692.65
B-2                   142,700.00       140,181.75     7.849467  %        103.93
B-3                    95,100.00        93,421.74     7.849467  %         69.27
B-4                   950,747.29       931,478.21     7.849467  %        690.62

- -------------------------------------------------------------------------------
                   95,065,047.29    64,424,105.51                  1,663,614.48
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         320,907.82  1,749,209.73             0.00         0.00  47,633,818.46
R               0.00          0.00             0.00         0.00           0.00
M-1        51,625.29    281,399.99             0.00         0.00   7,662,978.19
M-2        21,379.94     23,803.42             0.00         0.00   3,266,257.06
M-3        13,743.97     15,301.89             0.00         0.00   2,099,694.61
B-1         6,110.57      6,803.22             0.00         0.00     933,524.83
B-2           916.91      1,020.84             0.00         0.00     140,077.82
B-3           611.05        680.32             0.00         0.00      93,352.47
B-4         6,092.66      6,783.28             0.00         0.00     930,787.59

- -------------------------------------------------------------------------------
          421,388.21  2,085,002.69             0.00         0.00  62,760,491.03
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      651.218099  18.958334     4.259518    23.217852   0.000000    632.259765
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    651.217235  18.958309     4.259512    23.217821   0.000000    632.258927
M-2    982.352750   0.728340     6.425419     7.153759   0.000000    981.624409
M-3    982.352749   0.728340     6.425418     7.153758   0.000000    981.624409
B-1    982.352766   0.728339     6.425415     7.153754   0.000000    981.624427
B-2    982.352838   0.728311     6.425438     7.153749   0.000000    981.624527
B-3    982.352681   0.728391     6.425342     7.153733   0.000000    981.624290
B-4    979.732701   0.726397     6.408285     7.134682   0.000000    979.006304

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S19 (POOL # 4162)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4162 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,610.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       55,365.31
MASTER SERVICER ADVANCES THIS MONTH                                    1,544.01


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   3,522,813.34

 (B)  TWO MONTHLY PAYMENTS:                                    7   1,271,732.52

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     302,661.77


FORECLOSURES
  NUMBER OF LOANS                                                            13
  AGGREGATE PRINCIPAL BALANCE                                      2,556,798.65

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      62,760,491.03

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          379

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 205,315.83

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,615,848.86

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         76.15491120 %    20.58652700 %    3.25856160 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            75.89777850 %    20.75976406 %    3.34245750 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,610,225.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,011,486.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.14256811
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              336.03

POOL TRADING FACTOR:                                                66.01847137


 ................................................................................


Run:        07/30/96     13:53:36                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S20 (POOL # 4163)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4163 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760947DQ1   100,003,900.00    58,900,001.89     7.693097  %  1,982,149.20
M-1   760947DR9     2,949,000.00     2,840,016.44     7.693097  %      2,425.34
M-2   760947DS7     1,876,700.00     1,807,344.49     7.693097  %      1,543.45
R     760947DT5           100.00             0.00     7.693097  %          0.00
B-1                 1,072,500.00     1,032,864.59     7.693097  %        882.05
B-2                   375,400.00       361,526.67     7.693097  %        308.74
B-3                   965,295.81       840,606.19     7.693097  %        717.88

- -------------------------------------------------------------------------------
                  107,242,895.81    65,782,360.27                  1,988,026.66
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         377,551.96  2,359,701.16             0.00         0.00  56,917,852.69
M-1        18,204.65     20,629.99             0.00         0.00   2,837,591.10
M-2        11,585.17     13,128.62             0.00         0.00   1,805,801.04
R               0.00          0.00             0.00         0.00           0.00
B-1         6,620.72      7,502.77             0.00         0.00   1,031,982.54
B-2         2,317.41      2,626.15             0.00         0.00     361,217.93
B-3         5,388.32      6,106.20             0.00         0.00     839,888.31

- -------------------------------------------------------------------------------
          421,668.23  2,409,694.89             0.00         0.00  63,794,333.61
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      588.977049  19.820719     3.775372    23.596091   0.000000    569.156330
M-1    963.043893   0.822428     6.173160     6.995588   0.000000    962.221465
M-2    963.043902   0.822428     6.173160     6.995588   0.000000    962.221474
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    963.043907   0.822424     6.173166     6.995590   0.000000    962.221483
B-2    963.043873   0.822429     6.173175     6.995604   0.000000    962.221444
B-3    870.827555   0.743668     5.582040     6.325708   0.000000    870.083866

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:36                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S20 (POOL # 4163)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4163 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,181.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       13,609.06
MASTER SERVICER ADVANCES THIS MONTH                                      469.60


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,602,300.72

 (B)  TWO MONTHLY PAYMENTS:                                    2     283,731.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,794,333.61

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          275

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                  66,874.17

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,931,849.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.53768400 %     7.06475200 %    3.39756350 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.22085940 %     7.27869056 %    3.50045000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              826,260.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,970,148.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.19230610
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.31

POOL TRADING FACTOR:                                                59.48583645


 ................................................................................


Run:        07/30/96     13:53:38                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S1 (POOL # 4164)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4164 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947EB3    38,811,257.00    31,296,844.89     7.850000  %  2,088,252.00
A-2   760947EC1     6,468,543.00     5,216,140.94     9.250000  %    348,042.01
A-3   760947ED9     8,732,000.00     8,732,000.00     8.250000  %          0.00
A-4   760947EE7     3,495,000.00             0.00     8.500000  %          0.00
A-5   760947EF4     2,910,095.00             0.00     8.500000  %          0.00
A-6   760947EG2     9,839,000.00             0.00     8.500000  %          0.00
A-7   760947EL1    45,746,137.00    15,732,186.06     0.000000  %      1,000.65
A-8   760947EH0             0.00             0.00     0.489240  %          0.00
R-I   760947EJ6           100.00             0.00     8.500000  %          0.00
R-II  760947EK3           100.00             0.00     8.500000  %          0.00
M-1   760947EM9     3,101,663.00     3,075,348.42     8.500000  %      1,884.26
M-2   760947EN7     1,860,998.00     1,845,209.24     8.500000  %      1,130.55
M-3   760947EP2     1,550,831.00     1,537,673.72     8.500000  %        942.13
B-1   760947EQ0       558,299.00       553,562.40     8.500000  %        339.17
B-2   760947ER8       248,133.00       246,027.82     8.500000  %        150.74
B-3                   124,066.00       123,013.43     8.500000  %         75.37
B-4                   620,337.16       615,074.22     8.500000  %        376.85

- -------------------------------------------------------------------------------
                  124,066,559.16    68,973,081.14                  2,442,193.73
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       202,651.16  2,290,903.16             0.00         0.00  29,208,592.89
A-2        39,798.79    387,840.80             0.00         0.00   4,868,098.93
A-3        59,421.90     59,421.90             0.00         0.00   8,732,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7       126,626.29    127,626.94             0.00         0.00  15,731,185.41
A-8        20,875.73     20,875.73             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        21,562.16     23,446.42             0.00         0.00   3,073,464.16
M-2        12,937.29     14,067.84             0.00         0.00   1,844,078.69
M-3        10,781.08     11,723.21             0.00         0.00   1,536,731.59
B-1         3,881.19      4,220.36             0.00         0.00     553,223.23
B-2         1,724.97      1,875.71             0.00         0.00     245,877.08
B-3           862.49        937.86             0.00         0.00     122,938.06
B-4         4,312.47      4,689.32             0.00         0.00     614,697.37

- -------------------------------------------------------------------------------
          505,435.52  2,947,629.25             0.00         0.00  66,530,887.41
===============================================================================















































Run:        07/30/96     13:53:38
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S1 (POOL # 4164)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4164 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    806.385758  53.805317     5.221453    59.026770   0.000000    752.580441
A-2    806.385756  53.805318     6.152667    59.957985   0.000000    752.580439
A-3   1000.000000   0.000000     6.805073     6.805073   0.000000   1000.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7    343.901957   0.021874     2.768021     2.789895   0.000000    343.880084
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    991.515977   0.607500     6.951806     7.559306   0.000000    990.908477
M-2    991.515972   0.607497     6.951802     7.559299   0.000000    990.908475
M-3    991.515981   0.607500     6.951808     7.559308   0.000000    990.908481
B-1    991.516016   0.607506     6.951813     7.559319   0.000000    990.908510
B-2    991.515921   0.607497     6.951796     7.559293   0.000000    990.908424
B-3    991.516048   0.607499     6.951864     7.559363   0.000000    990.908549
B-4    991.516001   0.607444     6.951816     7.559260   0.000000    990.908509

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:39                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S1 (POOL # 4164)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4164 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,927.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       18,113.28
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,447,902.70

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     191,366.70


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        517,878.91

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      66,530,887.41

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          256

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,399,721.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.26183360 %     9.48082200 %    2.25734410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.83299360 %     9.70116992 %    2.33981350 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4836 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,795.00
      FRAUD AMOUNT AVAILABLE                              787,930.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,932,805.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.18445784
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              336.99

POOL TRADING FACTOR:                                                53.62515722


 ................................................................................


Run:        07/30/96     13:53:41                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S2 (POOL # 4165)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4165 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760947DZ1   301,391,044.00   186,258,731.29     7.896625  %  3,493,101.80
R     760947EA5           100.00             0.00     7.896625  %          0.00
B-1                 4,660,688.00     4,583,946.15     7.896625  %      3,334.99
B-2                 2,330,345.00     2,291,974.07     7.896625  %      1,667.50
B-3                 2,330,343.10     2,267,850.21     7.896625  %      1,649.94

- -------------------------------------------------------------------------------
                  310,712,520.10   195,402,501.72                  3,499,754.23
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A       1,225,390.45  4,718,492.25             0.00         0.00 182,765,629.49
R               0.00          0.00             0.00         0.00           0.00
B-1        30,157.64     33,492.63             0.00         0.00   4,580,611.16
B-2        15,078.82     16,746.32             0.00         0.00   2,290,306.57
B-3        14,920.11     16,570.05             0.00         0.00   2,266,200.27

- -------------------------------------------------------------------------------
        1,285,547.02  4,785,301.25             0.00         0.00 191,902,747.49
===============================================================================












Run:        07/30/96     13:53:41
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S2 (POOL # 4165)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4165 
________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      617.996901  11.589932     4.065783    15.655715   0.000000    606.406969
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    983.534223   0.715557     6.470641     7.186198   0.000000    982.818665
B-2    983.534228   0.715559     6.470638     7.186197   0.000000    982.818669
B-3    973.182966   0.708029     6.402538     7.110567   0.000000    972.474942

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:41                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S2 (POOL # 4165)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4165 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       48,813.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,415.15

SUBSERVICER ADVANCES THIS MONTH                                       82,034.01
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   5,519,327.93

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,043,135.33

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     972,610.44


FORECLOSURES
  NUMBER OF LOANS                                                            14
  AGGREGATE PRINCIPAL BALANCE                                      3,649,058.58

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     191,902,747.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          783

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,357,591.63

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          95.32054590 %     4.67945410 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             95.23867270 %     4.76132730 %

      BANKRUPTCY AMOUNT AVAILABLE                         126,700.00
      FRAUD AMOUNT AVAILABLE                            4,421,502.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,210,751.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.36327340
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              336.95

POOL TRADING FACTOR:                                                61.76215475


 ................................................................................


Run:        07/30/96     13:53:45                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S3 (POOL # 4167)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4167 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947FE6    34,803,800.00    26,758,599.23     7.650000  %    846,418.99
A-2   760947FF3    40,142,000.00    40,142,000.00     7.950000  %          0.00
A-3   760947FG1     9,521,000.00     9,521,000.00     8.100000  %          0.00
A-4   760947FH9     3,868,000.00             0.00     8.500000  %          0.00
A-5   760947FJ5     6,539,387.00             0.00     8.500000  %          0.00
A-6   760947FK2    16,968,000.00             0.00     8.500000  %          0.00
A-7   760947FR7    64,384,584.53    16,698,118.43     0.000000  %        475.58
A-8   760947FL0             0.00             0.00     8.500000  %          0.00
A-9   760947FM8             0.00             0.00     0.459294  %          0.00
R-I   760947FN6           100.00             0.00     8.500000  %          0.00
R-II  760947FQ9           100.00             0.00     8.500000  %          0.00
M-1   760947FS5     4,724,582.00     4,687,395.22     8.500000  %      2,992.83
M-2   760947FT3     2,834,750.00     2,812,437.92     8.500000  %      1,795.70
M-3   760947FU0     2,362,291.00     2,343,697.58     8.500000  %      1,496.42
B-1   760947FV8       944,916.00       937,478.66     8.500000  %        598.57
B-2   760947FW6       566,950.00       562,487.59     8.500000  %        359.14
B-3                   377,967.00       374,992.05     8.500000  %        239.43
B-4                   944,921.62       937,484.17     8.500000  %        598.56

- -------------------------------------------------------------------------------
                  188,983,349.15   105,775,690.85                    854,975.22
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       170,515.16  1,016,934.15             0.00         0.00  25,912,180.24
A-2       265,830.20    265,830.20             0.00         0.00  40,142,000.00
A-3        64,240.03     64,240.03             0.00         0.00   9,521,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7       129,683.37    130,158.95             0.00         0.00  16,697,642.85
A-8        30,825.54     30,825.54             0.00         0.00           0.00
A-9        34,802.70     34,802.70             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        33,188.58     36,181.41             0.00         0.00   4,684,402.39
M-2        19,913.16     21,708.86             0.00         0.00   2,810,642.22
M-3        16,594.29     18,090.71             0.00         0.00   2,342,201.16
B-1         6,637.71      7,236.28             0.00         0.00     936,880.09
B-2         3,982.63      4,341.77             0.00         0.00     562,128.45
B-3         2,655.09      2,894.52             0.00         0.00     374,752.62
B-4         6,637.75      7,236.31             0.00         0.00     936,885.61

- -------------------------------------------------------------------------------
          785,506.21  1,640,481.43             0.00         0.00 104,920,715.63
===============================================================================













































Run:        07/30/96     13:53:45
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S3 (POOL # 4167)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4167 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    768.841311  24.319729     4.899326    29.219055   0.000000    744.521582
A-2   1000.000000   0.000000     6.622246     6.622246   0.000000   1000.000000
A-3   1000.000000   0.000000     6.747194     6.747194   0.000000   1000.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7    259.349634   0.007387     2.014199     2.021586   0.000000    259.342247
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    992.129086   0.633459     7.024660     7.658119   0.000000    991.495627
M-2    992.129084   0.633460     7.024662     7.658122   0.000000    991.495624
M-3    992.129073   0.633461     7.024660     7.658121   0.000000    991.495612
B-1    992.129099   0.633464     7.024656     7.658120   0.000000    991.495636
B-2    992.129094   0.633460     7.024658     7.658118   0.000000    991.495635
B-3    992.129075   0.633468     7.024661     7.658129   0.000000    991.495607
B-4    992.129030   0.633449     7.024657     7.658106   0.000000    991.495580

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:47                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S3 (POOL # 4167)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4167 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,117.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,907.47

SUBSERVICER ADVANCES THIS MONTH                                       32,324.10
MASTER SERVICER ADVANCES THIS MONTH                                    2,988.64


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,340,988.06

 (B)  TWO MONTHLY PAYMENTS:                                    3     601,083.17

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     104,920,715.63

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          406

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 354,850.70

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      787,339.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.97253090 %     9.35469400 %    2.67277470 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.88180270 %     9.37588513 %    2.69293660 %
CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4564 %

      BANKRUPTCY AMOUNT AVAILABLE                         134,050.00
      FRAUD AMOUNT AVAILABLE                            1,168,540.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,315,932.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.21259870
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              335.93

POOL TRADING FACTOR:                                                55.51849732


 ................................................................................


Run:        07/30/96     13:53:48                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S4 (POOL # 4168)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4168 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947EU1    54,360,000.00    19,864,110.93     8.000000  %  1,477,384.45
A-2   760947EV9    18,250,000.00    18,250,000.00     8.000000  %          0.00
A-3   760947EW7     6,624,000.00     6,624,000.00     8.000000  %          0.00
A-4   760947EX5    20,796,315.00    20,796,315.00     8.000000  %          0.00
A-5   760947EY3     1,051,485.04       962,289.06     0.000000  %      4,718.02
A-6   760947EZ0             0.00             0.00     0.388572  %          0.00
R     760947FA4           100.00             0.00     8.000000  %          0.00
M-1   760947FB2     1,575,400.00     1,507,849.34     8.000000  %      5,284.89
M-2   760947FC0       525,100.00       502,584.55     8.000000  %      1,761.52
M-3   760947FD8       525,100.00       502,584.55     8.000000  %      1,761.52
B-1                   630,100.00       603,082.32     8.000000  %      2,113.76
B-2                   315,000.00       301,493.29     8.000000  %      1,056.71
B-3                   367,575.59       351,814.52     8.000000  %      1,233.08

- -------------------------------------------------------------------------------
                  105,020,175.63    70,266,123.56                  1,495,313.95
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       132,207.86  1,609,592.31             0.00         0.00  18,386,726.48
A-2       121,464.96    121,464.96             0.00         0.00  18,250,000.00
A-3        44,086.79     44,086.79             0.00         0.00   6,624,000.00
A-4       138,412.24    138,412.24             0.00         0.00  20,796,315.00
A-5             0.00      4,718.02             0.00         0.00     957,571.04
A-6        22,715.16     22,715.16             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        10,035.66     15,320.55             0.00         0.00   1,502,564.45
M-2         3,345.01      5,106.53             0.00         0.00     500,823.03
M-3         3,345.01      5,106.53             0.00         0.00     500,823.03
B-1         4,013.88      6,127.64             0.00         0.00     600,968.56
B-2         2,006.63      3,063.34             0.00         0.00     300,436.58
B-3         2,341.54      3,574.62             0.00         0.00     350,581.44

- -------------------------------------------------------------------------------
          483,974.74  1,979,288.69             0.00         0.00  68,770,809.61
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    365.417788  27.177786     2.432080    29.609866   0.000000    338.240002
A-2   1000.000000   0.000000     6.655614     6.655614   0.000000   1000.000000
A-3   1000.000000   0.000000     6.655614     6.655614   0.000000   1000.000000
A-4   1000.000000   0.000000     6.655614     6.655614   0.000000   1000.000000
A-5    915.171423   4.487006     0.000000     4.487006   0.000000    910.684416
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    957.121582   3.354634     6.370230     9.724864   0.000000    953.766948
M-2    957.121596   3.354637     6.370234     9.724871   0.000000    953.766959
M-3    957.121596   3.354637     6.370234     9.724871   0.000000    953.766959
B-1    957.121600   3.354642     6.370227     9.724869   0.000000    953.766958
B-2    957.121556   3.354635     6.370254     9.724889   0.000000    953.766921
B-3    957.121554   3.354575     6.370227     9.724802   0.000000    953.766925

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:50                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S4 (POOL # 4168)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4168 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,999.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       12,209.94
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     664,265.99

 (B)  TWO MONTHLY PAYMENTS:                                    1      48,437.58

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     150,717.71


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        311,005.51

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      68,770,809.61

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          327

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,248,306.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.56103890 %     1.81287200 %    3.62608860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.46096780 %     1.82052034 %    3.69280480 %
CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3787 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              759,921.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     525,100.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.59364195
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              155.81

POOL TRADING FACTOR:                                                65.48342659


 ................................................................................


Run:        07/30/96     13:53:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S6 (POOL # 4169)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4169 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760947FZ9    95,824,102.00    60,691,095.21     7.837438  %  2,794,407.10
R     760947GA3           100.00             0.00     7.837438  %          0.00
M-1   760947GB1    16,170,335.00    10,241,622.89     7.837438  %    471,556.23
M-2   760947GC9     3,892,859.00     3,811,847.29     7.837438  %      3,869.55
M-3   760947GD7     1,796,704.00     1,759,313.98     7.837438  %      1,785.95
B-1                 1,078,022.00     1,055,587.99     7.837438  %      1,071.57
B-2                   299,451.00       293,219.33     7.837438  %        297.66
B-3                   718,681.74       583,604.43     7.837438  %        592.44

- -------------------------------------------------------------------------------
                  119,780,254.74    78,436,291.12                  3,273,580.50
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         394,046.29  3,188,453.39             0.00         0.00  57,896,688.11
R               0.00          0.00             0.00         0.00           0.00
M-1        66,495.31    538,051.54             0.00         0.00   9,770,066.66
M-2        24,749.00     28,618.55             0.00         0.00   3,807,977.74
M-3        11,422.62     13,208.57             0.00         0.00   1,757,528.03
B-1         6,853.56      7,925.13             0.00         0.00   1,054,516.42
B-2         1,903.77      2,201.43             0.00         0.00     292,921.67
B-3         3,789.15      4,381.59             0.00         0.00     583,011.99

- -------------------------------------------------------------------------------
          509,259.70  3,782,840.20             0.00         0.00  75,162,710.62
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      633.359394  29.161840     4.112183    33.274023   0.000000    604.197555
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    633.358733  29.161810     4.112179    33.273989   0.000000    604.196924
M-2    979.189662   0.994012     6.357538     7.351550   0.000000    978.195650
M-3    979.189661   0.994015     6.357541     7.351556   0.000000    978.195646
B-1    979.189655   0.994015     6.357533     7.351548   0.000000    978.195640
B-2    979.189684   0.994019     6.357534     7.351553   0.000000    978.195665
B-3    812.048501   0.824343     5.272362     6.096705   0.000000    811.224159

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:52                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S6 (POOL # 4169)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4169 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,938.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       25,495.41
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   2,195,708.31

 (B)  TWO MONTHLY PAYMENTS:                                    1      47,866.88

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,231,698.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      75,162,710.62

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          735

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,193,956.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.37629400 %    20.16003600 %    2.46367050 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            77.02847280 %    20.40316575 %    2.56836140 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,728,442.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,261,843.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.28614950
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.67

POOL TRADING FACTOR:                                                62.75050156


 ................................................................................


Run:        07/30/96     13:56:14                                    REPT1B.FRG
Page:         1 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-R5 (POOL # 10023)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   10023
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
I A   760947GE5    94,065,000.00    64,019,890.70     7.688884  %  1,150,773.53
II A  760947GF2   199,529,000.00   136,912,674.94     6.819313  %  5,679,050.06
III   760947GG0   151,831,000.00   118,246,834.80     7.059872  %  1,459,160.76
R     760947GL9         1,000.00           680.59     7.688884  %         12.23
I M   760947GH8    10,069,000.00     9,828,403.65     7.688884  %     17,367.55
II M  760947GJ4    21,982,000.00    21,429,674.23     6.819313  %     41,726.34
III   760947GK1    12,966,000.00    12,559,772.46     7.059872  %     33,285.84
I B                 1,855,785.84     1,811,442.30     7.688884  %      3,200.96
II B                3,946,359.39     3,847,202.09     6.819313  %      7,491.00
III                 2,509,923.08     2,431,286.65     7.059872  %      6,443.38

- -------------------------------------------------------------------------------
                  498,755,068.31   371,087,862.41                  8,398,511.65
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
I A       410,058.77  1,560,832.30             0.00         0.00  62,869,117.17
II A      777,771.68  6,456,821.74             0.00         0.00 131,233,624.88
III A     695,431.25  2,154,592.01             0.00         0.00 116,787,674.04
R               4.36         16.59             0.00         0.00         668.36
I M        62,952.67     80,320.22             0.00         0.00   9,811,036.10
II M      121,737.40    163,463.74             0.00         0.00  21,387,947.89
III M      73,866.32    107,152.16             0.00         0.00  12,526,486.62
I B        11,602.61     14,803.57             0.00         0.00   1,808,241.34
II B       21,855.13     29,346.13             0.00         0.00   3,839,711.09
III B      14,298.84     20,742.22             0.00         0.00   2,424,843.27

- -------------------------------------------------------------------------------
        2,189,579.03 10,588,090.68             0.00         0.00 362,689,350.76
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
I A    680.592045  12.233812     4.359313    16.593125   0.000000    668.358233
II A   686.179327  28.462279     3.898038    32.360317   0.000000    657.717048
III    778.805612   9.610427     4.580298    14.190725   0.000000    769.195184
R      680.590000  12.230000     4.360000    16.590000   0.000000    668.360000
I M    976.105239   1.724854     6.252127     7.976981   0.000000    974.380385
II M   974.873725   1.898205     5.538049     7.436254   0.000000    972.975521
III    968.669787   2.567163     5.696924     8.264087   0.000000    966.102624
I B    976.105249   1.724854     6.252128     7.976982   0.000000    974.380396
II B   974.873728   1.898205     5.538049     7.436254   0.000000    972.975523
III    968.669785   2.567163     5.696924     8.264087   0.000000    966.102622

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:56:15                                        rept2.frg
Page:      2 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1995-R5 (POOL # 10023)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 10023
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       76,437.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,609.68

SUBSERVICER ADVANCES THIS MONTH                                       46,991.43
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    69   4,863,037.56

 (B)  TWO MONTHLY PAYMENTS:                                    7     514,493.03

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     319,289.18


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        166,219.07

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     362,689,350.74

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        3,967

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    7,595,903.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.01199700 %    11.80794500 %    2.18005810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.71828310 %    12.05590143 %    2.22581550 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.46758700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                72.71893035


Run:     07/30/96     13:56:16                                        rept2.frg
Page:      2 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1995-R5 (POOL # 10023 GROUP I)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 10023
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,602.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,582.95

SUBSERVICER ADVANCES THIS MONTH                                       12,259.59
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    26   1,416,540.68

 (B)  TWO MONTHLY PAYMENTS:                                    2     113,855.16

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      74,489,062.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,048

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,037,656.45

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         84.61567310 %    12.99015300 %    2.39417440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    13.17110957 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                          80,000.00
      FRAUD AMOUNT AVAILABLE                            5,019,208.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,041,276.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07629186
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              276.28

POOL TRADING FACTOR:                                                70.27880996


Run:     07/30/96     13:56:17                                        rept2.frg
Page:      2 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1995-R5 (POOL # 10024 GROUP II)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 10024
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       33,185.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,468.70

SUBSERVICER ADVANCES THIS MONTH                                       19,977.20
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    23   2,120,116.49

 (B)  TWO MONTHLY PAYMENTS:                                    3     189,505.52

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     319,289.18


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     156,461,283.85

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,531

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    5,412,463.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         84.41522520 %    13.21273400 %    2.37204070 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    13.66980212 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                          90,000.00
      FRAUD AMOUNT AVAILABLE                            6,763,721.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,362,105.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.19529963
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              281.81

POOL TRADING FACTOR:                                                69.39728394


Run:     07/30/96     13:56:17                                        rept2.frg
Page:      2 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1995-R5 (POOL # 10025 GROUP III)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 10025
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       27,649.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,558.03

SUBSERVICER ADVANCES THIS MONTH                                       14,754.64
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   1,326,380.39

 (B)  TWO MONTHLY PAYMENTS:                                    2     211,132.35

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        166,219.07

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     131,739,003.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,388

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,145,783.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.74865200 %     9.42657700 %    1.82477120 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     9.50856333 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                            3,179,724.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,368,591.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.44679139
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              250.53

POOL TRADING FACTOR:                                                78.74091610

 ................................................................................


Run:        07/30/96     13:53:53                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S7 (POOL # 4170)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4170 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947HB0    10,285,000.00     1,524,326.29     8.250000  %    323,336.46
A-2   760947HC8    10,286,000.00     1,524,474.50     7.750000  %    323,367.90
A-3   760947HD6    25,078,000.00     3,716,777.32     8.000000  %    788,393.94
A-4   760947HE4     1,719,000.00     1,719,000.00     8.000000  %          0.00
A-5   760947HF1    22,300,000.00    22,300,000.00     8.000000  %          0.00
A-6   760947HG9    17,800,000.00    17,800,000.00     7.100000  %          0.00
A-7   760947HH7     5,280,000.00     5,280,000.00     7.750000  %          0.00
A-8   760947HJ3     7,200,000.00     7,200,000.00     7.750000  %          0.00
A-9   760947HK0             0.00             0.00     8.000000  %          0.00
A-10  760947HL8       569,607.66       529,515.85     0.000000  %     13,865.39
R-I   760947HM6         1,000.00         1,000.00     8.000000  %          0.00
R-II  760947HN4         1,000.00         1,000.00     8.000000  %          0.00
M-1   760947HP9     1,574,800.00     1,515,826.35     8.000000  %      4,929.52
M-2   760947HQ7     1,049,900.00     1,010,582.98     8.000000  %      3,286.45
M-3   760947HR5       892,400.00       858,981.09     8.000000  %      2,793.44
B-1                   209,800.00       201,943.35     8.000000  %        656.73
B-2                   367,400.00       353,641.47     8.000000  %      1,150.06
B-3                   367,731.33       353,960.41     8.000000  %      1,151.09

- -------------------------------------------------------------------------------
                  104,981,638.99    65,891,029.61                  1,462,930.98
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        10,470.48    333,806.94             0.00         0.00   1,200,989.83
A-2         9,836.86    333,204.76             0.00         0.00   1,201,106.60
A-3        24,756.62    813,150.56             0.00         0.00   2,928,383.38
A-4        11,449.87     11,449.87             0.00         0.00   1,719,000.00
A-5       148,535.25    148,535.25             0.00         0.00  22,300,000.00
A-6       105,223.57    105,223.57             0.00         0.00  17,800,000.00
A-7        34,069.86     34,069.86             0.00         0.00   5,280,000.00
A-8        46,458.90     46,458.90             0.00         0.00   7,200,000.00
A-9        15,935.90     15,935.90             0.00         0.00           0.00
A-10            0.00     13,865.39             0.00         0.00     515,650.46
R-I             6.66          6.66             0.00         0.00       1,000.00
R-II            6.69          6.69             0.00         0.00       1,000.00
M-1        10,096.58     15,026.10             0.00         0.00   1,510,896.83
M-2         6,731.26     10,017.71             0.00         0.00   1,007,296.53
M-3         5,721.48      8,514.92             0.00         0.00     856,187.65
B-1         1,345.10      2,001.83             0.00         0.00     201,286.62
B-2         2,355.53      3,505.59             0.00         0.00     352,491.41
B-3         2,357.65      3,508.74             0.00         0.00     352,809.32

- -------------------------------------------------------------------------------
          435,358.26  1,898,289.24             0.00         0.00  64,428,098.63
===============================================================================













































Run:        07/30/96     13:53:53
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S7 (POOL # 4170)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4170 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    148.208682  31.437672     1.018034    32.455706   0.000000    116.771009
A-2    148.208682  31.437673     0.956335    32.394008   0.000000    116.771009
A-3    148.208682  31.437672     0.987185    32.424857   0.000000    116.771010
A-4   1000.000000   0.000000     6.660774     6.660774   0.000000   1000.000000
A-5   1000.000000   0.000000     6.660774     6.660774   0.000000   1000.000000
A-6   1000.000000   0.000000     5.911437     5.911437   0.000000   1000.000000
A-7   1000.000000   0.000000     6.452625     6.452625   0.000000   1000.000000
A-8   1000.000000   0.000000     6.452625     6.452625   0.000000   1000.000000
A-10   929.615044  24.342001     0.000000    24.342001   0.000000    905.273044
R-I   1000.000000   0.000000     6.660000     6.660000   0.000000   1000.000000
R-II  1000.000000   0.000000     6.690000     6.690000   0.000000   1000.000000
M-1    962.551657   3.130251     6.411341     9.541592   0.000000    959.421406
M-2    962.551653   3.130251     6.411334     9.541585   0.000000    959.421402
M-3    962.551647   3.130255     6.411340     9.541595   0.000000    959.421392
B-1    962.551716   3.130267     6.411344     9.541611   0.000000    959.421449
B-2    962.551633   3.130267     6.411350     9.541617   0.000000    959.421366
B-3    962.551681   3.130166     6.411338     9.541504   0.000000    959.421434

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:55                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S7 (POOL # 4170)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4170 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,588.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SPREAD                                                                22,709.94

SUBSERVICER ADVANCES THIS MONTH                                        3,346.43
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     326,217.21

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      64,428,098.63

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          245

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,248,351.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.42895320 %     5.17948600 %    1.39156080 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.30182390 %     5.23743690 %    1.41848320 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              677,172.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     524,908.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.65860798
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              160.24

POOL TRADING FACTOR:                                                61.37082565


 ................................................................................


Run:        07/30/96     13:53:56                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S8 (POOL # 4171)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4171 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947GN5    42,847,629.00     9,853,177.37     7.650000  %  1,417,957.41
A-2   760947GP0    20,646,342.00    20,646,342.00     8.000000  %          0.00
A-3   760947GQ8    10,027,461.00     5,812,628.95     8.000000  %    181,135.07
A-4   760947GR6    21,739,268.00    21,739,268.00     8.000000  %          0.00
A-5   760947GS4             0.00             0.00     0.350000  %          0.00
A-6   760947HA2             0.00             0.00     0.857701  %          0.00
R-I   760947GV7           100.00             0.00     8.000000  %          0.00
R-II  760947GW5           100.00             0.00     8.000000  %          0.00
M-1   760947GX3     2,809,400.00     2,788,276.54     8.000000  %      1,816.85
M-2   760947GY1     1,277,000.00     1,267,398.43     8.000000  %        825.84
M-3   760947GZ8     1,277,000.00     1,267,398.43     8.000000  %        825.84
B-1                   613,000.00       608,390.93     8.000000  %        396.43
B-2                   408,600.00       405,527.80     8.000000  %        264.24
B-3                   510,571.55       506,732.64     8.000000  %        330.19

- -------------------------------------------------------------------------------
                  102,156,471.55    64,895,141.09                  1,603,551.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        62,731.22  1,480,688.63             0.00         0.00   8,435,219.96
A-2       137,460.88    137,460.88             0.00         0.00  20,646,342.00
A-3        38,699.79    219,834.86             0.00         0.00   5,631,493.88
A-4       144,737.44    144,737.44             0.00         0.00  21,739,268.00
A-5         2,870.05      2,870.05             0.00         0.00           0.00
A-6        46,322.72     46,322.72             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        18,564.01     20,380.86             0.00         0.00   2,786,459.69
M-2         8,438.18      9,264.02             0.00         0.00   1,266,572.59
M-3         8,438.18      9,264.02             0.00         0.00   1,266,572.59
B-1         4,050.59      4,447.02             0.00         0.00     607,994.50
B-2         2,699.96      2,964.20             0.00         0.00     405,263.56
B-3         3,373.77      3,703.96             0.00         0.00     506,402.45

- -------------------------------------------------------------------------------
          478,386.79  2,081,938.66             0.00         0.00  63,291,589.22
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    229.958520  33.093019     1.464053    34.557072   0.000000    196.865501
A-2   1000.000000   0.000000     6.657881     6.657881   0.000000   1000.000000
A-3    579.671060  18.063902     3.859381    21.923283   0.000000    561.607159
A-4   1000.000000   0.000000     6.657880     6.657880   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    992.481149   0.646704     6.607820     7.254524   0.000000    991.834445
M-2    992.481151   0.646703     6.607815     7.254518   0.000000    991.834448
M-3    992.481151   0.646703     6.607815     7.254518   0.000000    991.834448
B-1    992.481126   0.646705     6.607814     7.254519   0.000000    991.834421
B-2    992.481155   0.646696     6.607832     7.254528   0.000000    991.834459
B-3    992.481152   0.646707     6.607830     7.254537   0.000000    991.834445

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:53:57                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S8 (POOL # 4171)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4171 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,403.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       26,006.40
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,710,147.75

 (B)  TWO MONTHLY PAYMENTS:                                    1     152,861.83

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,275,201.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,291,589.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          255

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,561,265.99

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.45418000 %     8.20257600 %    2.34324380 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.19403750 %     8.40491594 %    2.40104650 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.8468 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              660,280.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,987,837.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.17317034
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              335.90

POOL TRADING FACTOR:                                                61.95553572


 ................................................................................


Run:        07/30/96     13:53:59                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S9 (POOL # 4172)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4172 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947HS3    23,188,000.00    20,578,777.18     6.600000  %    347,413.35
A-2   760947HT1    23,921,333.00    22,181,851.11     7.000000  %    231,608.90
A-3   760947HU8    12,694,000.00    12,694,000.00     6.700000  %          0.00
A-4   760947HV6    12,686,000.00    12,686,000.00     6.950000  %          0.00
A-5   760947HW4     9,469,000.00     9,469,000.00     7.100000  %          0.00
A-6   760947HX2     6,661,000.00     6,661,000.00     7.250000  %          0.00
A-7   760947HY0     7,808,000.00             0.00     8.000000  %          0.00
A-8   760947HZ7    18,690,000.00     7,970,278.67     8.000000  %    184,314.49
A-9   760947JF9    63,512,857.35    35,432,939.14     0.000000  %    264,891.62
A-10  760947JA0     8,356,981.00             0.00     8.000000  %          0.00
A-11  760947JB8             0.00             0.00     8.000000  %          0.00
A-12  760947JC6             0.00             0.00     0.495779  %          0.00
R-I   760947JD4           100.00             0.00     8.000000  %          0.00
R-II  760947JE2           100.00             0.00     8.000000  %          0.00
M-1   760947JG7     5,499,628.00     5,459,988.21     8.000000  %      3,614.92
M-2   760947JH5     2,499,831.00     2,481,812.92     8.000000  %      1,643.15
M-3   760947JJ1     2,499,831.00     2,481,812.92     8.000000  %      1,643.15
B-1   760947JK8       799,945.00       794,179.21     8.000000  %        525.81
B-2   760947JL6       699,952.00       694,906.94     8.000000  %        460.08
B-3                   999,934.64       992,727.39     8.000000  %        657.25

- -------------------------------------------------------------------------------
                  199,986,492.99   140,579,273.69                  1,036,772.72
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       113,166.35    460,579.70             0.00         0.00  20,231,363.83
A-2       129,374.79    360,983.69             0.00         0.00  21,950,242.21
A-3        70,864.24     70,864.24             0.00         0.00  12,694,000.00
A-4        73,462.10     73,462.10             0.00         0.00  12,686,000.00
A-5        56,016.55     56,016.55             0.00         0.00   9,469,000.00
A-6        40,237.53     40,237.53             0.00         0.00   6,661,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        53,127.25    237,441.74             0.00         0.00   7,785,964.18
A-9       248,661.27    513,552.89             0.00         0.00  35,168,047.52
A-10            0.00          0.00             0.00         0.00           0.00
A-11       64,725.99     64,725.99             0.00         0.00           0.00
A-12       58,071.53     58,071.53             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        36,394.48     40,009.40             0.00         0.00   5,456,373.29
M-2        16,542.95     18,186.10             0.00         0.00   2,480,169.77
M-3        16,542.95     18,186.10             0.00         0.00   2,480,169.77
B-1         5,293.74      5,819.55             0.00         0.00     793,653.40
B-2         4,632.02      5,092.10             0.00         0.00     694,446.86
B-3         6,617.19      7,274.44             0.00         0.00     992,070.14

- -------------------------------------------------------------------------------
          993,730.93  2,030,503.65             0.00         0.00 139,542,500.97
===============================================================================







































Run:        07/30/96     13:53:59
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S9 (POOL # 4172)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4172 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    887.475297  14.982463     4.880384    19.862847   0.000000    872.492834
A-2    927.283238   9.682107     5.408344    15.090451   0.000000    917.601131
A-3   1000.000000   0.000000     5.582499     5.582499   0.000000   1000.000000
A-4   1000.000000   0.000000     5.790801     5.790801   0.000000   1000.000000
A-5   1000.000000   0.000000     5.915783     5.915783   0.000000   1000.000000
A-6   1000.000000   0.000000     6.040764     6.040764   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    426.446157   9.861663     2.842549    12.704212   0.000000    416.584493
A-9    557.886082   4.170677     3.915133     8.085810   0.000000    553.715405
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    992.792278   0.657303     6.617626     7.274929   0.000000    992.134975
M-2    992.792281   0.657304     6.617627     7.274931   0.000000    992.134976
M-3    992.792281   0.657304     6.617627     7.274931   0.000000    992.134976
B-1    992.792267   0.657308     6.617630     7.274938   0.000000    992.134959
B-2    992.792277   0.657302     6.617625     7.274927   0.000000    992.134975
B-3    992.792279   0.657293     6.617623     7.274916   0.000000    992.134986

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:00                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S9 (POOL # 4172)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4172 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       28,118.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,167.89

SUBSERVICER ADVANCES THIS MONTH                                       28,592.81
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,697,427.79

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,006,902.65

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        925,985.65

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     139,542,500.97

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          473

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      943,684.46

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.80612820 %     7.42581900 %    1.76805260 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.74401300 %     7.46490335 %    1.77999790 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4959 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,406,531.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,987,200.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.78664875
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              341.99

POOL TRADING FACTOR:                                                69.77596281


 ................................................................................


Run:        07/30/96     13:54:04                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S10 (POOL # 4174)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4174 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947JM4    55,601,800.00    49,905,751.83     6.600000  %    804,343.05
A-2   760947JN2     8,936,000.00     8,936,000.00     5.700000  %          0.00
A-3   760947JP7    20,970,000.00    12,520,000.00     7.500000  %          0.00
A-4   760947JQ5    38,235,000.00    35,726,631.54     7.200000  %    394,064.69
A-5   760947JR3     6,989,000.00             0.00     7.500000  %          0.00
A-6   760947KB6    72,376,561.40    63,444,807.56     7.500000  %    969,909.95
A-7   760947JS1     5,000,000.00     4,382,966.42     7.500000  %     67,004.42
A-8   760947JT9     8,040,000.00             0.00     7.500000  %          0.00
A-9   760947JU6       142,330.60       140,617.10     0.000000  %        174.44
A-10  760947JV4             0.00             0.00     0.619166  %          0.00
R-I   760947JW2           100.00             0.00     7.500000  %          0.00
R-II  760947JX0           100.00             0.00     7.500000  %          0.00
M-1   760947JY8     5,767,800.00     5,726,215.50     7.500000  %      4,071.48
M-2   760947JZ5     2,883,900.00     2,863,107.72     7.500000  %      2,035.74
M-3   760947KA8     2,883,900.00     2,863,107.72     7.500000  %      2,035.74
B-1                   922,800.00       916,146.82     7.500000  %        651.40
B-2                   807,500.00       801,678.12     7.500000  %        570.01
B-3                 1,153,493.52     1,145,177.13     7.500000  %        814.26

- -------------------------------------------------------------------------------
                  230,710,285.52   189,372,207.46                  2,245,675.18
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       274,435.36  1,078,778.41             0.00         0.00  49,101,408.78
A-2        42,438.84     42,438.84             0.00         0.00   8,936,000.00
A-3        78,236.81     78,236.81             0.00         0.00  12,520,000.00
A-4       214,323.65    608,388.34             0.00         0.00  35,332,566.85
A-5             0.00          0.00             0.00         0.00           0.00
A-6       452,356.77  1,422,266.72             0.00         0.00  62,474,897.61
A-7        31,250.25     98,254.67             0.00         0.00   4,315,962.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00        174.44             0.00         0.00     140,442.66
A-10       97,694.15     97,694.15             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        35,782.82     39,854.30             0.00         0.00   5,722,144.02
M-2        17,891.40     19,927.14             0.00         0.00   2,861,071.98
M-3        17,891.40     19,927.14             0.00         0.00   2,861,071.98
B-1         5,724.95      6,376.35             0.00         0.00     915,495.42
B-2         5,009.65      5,579.66             0.00         0.00     801,108.11
B-3         7,156.15      7,970.41             0.00         0.00   1,144,362.87

- -------------------------------------------------------------------------------
        1,280,192.20  3,525,867.38             0.00         0.00 187,126,532.28
===============================================================================













































Run:        07/30/96     13:54:04
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S10 (POOL # 4174)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4174 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    897.556407  14.466133     4.935728    19.401861   0.000000    883.090274
A-2   1000.000000   0.000000     4.749199     4.749199   0.000000   1000.000000
A-3    597.043395   0.000000     3.730892     3.730892   0.000000    597.043395
A-4    934.396013  10.306387     5.605431    15.911818   0.000000    924.089626
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    876.593283  13.400885     6.250045    19.650930   0.000000    863.192398
A-7    876.593284  13.400884     6.250050    19.650934   0.000000    863.192400
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    987.961127   1.225597     0.000000     1.225597   0.000000    986.735530
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    992.790232   0.705898     6.203894     6.909792   0.000000    992.084334
M-2    992.790222   0.705898     6.203891     6.909789   0.000000    992.084323
M-3    992.790222   0.705898     6.203891     6.909789   0.000000    992.084323
B-1    992.790225   0.705895     6.203890     6.909785   0.000000    992.084330
B-2    992.790241   0.705895     6.203901     6.909796   0.000000    992.084347
B-3    992.790259   0.705899     6.203893     6.909792   0.000000    992.084351

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:05                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S10 (POOL # 4174)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4174 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       38,127.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       947.58

SUBSERVICER ADVANCES THIS MONTH                                       33,281.25
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,228,440.77

 (B)  TWO MONTHLY PAYMENTS:                                    2     541,853.74

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     604,929.71


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                      1,000,656.26

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     187,126,532.28

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          631

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,111,010.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.43496660 %     6.05207100 %    1.51296200 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.34956230 %     6.11580188 %    1.53004240 %
CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.6170 %

      BANKRUPTCY AMOUNT AVAILABLE                         128,249.00
      FRAUD AMOUNT AVAILABLE                            4,614,206.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,113,349.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.41502195
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              342.25

POOL TRADING FACTOR:                                                81.10888158


 ................................................................................


Run:        07/30/96     13:54:07                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S11 (POOL # 4175)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4175 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947KP5    11,300,000.00     2,934,467.56     7.650000  %    170,122.80
A-2   760947KQ3   105,000,000.00    81,359,012.09     7.500000  %    480,766.90
A-3   760947KR1    47,939,000.00    37,145,425.53     7.250000  %    219,499.85
A-4   760947KS9    27,875,000.00    21,598,880.58     7.650000  %    127,632.16
A-5   760947KT7    30,655,000.00    30,655,000.00     7.650000  %          0.00
A-6   760947KU4    20,568,000.00    17,220,436.12     7.650000  %     68,076.59
A-7   760947KV2     5,000,000.00     5,000,000.00     7.500000  %          0.00
A-8   760947KW0     2,100,000.00     2,100,000.00     7.650000  %          0.00
A-9   760947KX8    12,900,000.00    12,900,000.00     7.400000  %          0.00
A-10  760947KY6     6,000,000.00     6,000,000.00     7.750000  %          0.00
A-11  760947KZ3     2,581,000.00     2,581,000.00     6.000000  %          0.00
A-12  760947LA7     2,456,000.00     2,456,000.00     7.400000  %          0.00
A-13  760947LB5     3,544,000.00     3,544,000.00     7.400000  %          0.00
A-14  760947LC3     4,741,000.00     4,741,000.00     8.000000  %          0.00
A-15  760947LD1   100,000,000.00   100,000,000.00     7.500000  %          0.00
A-16  760947LE9    32,887,000.00    32,649,915.46     7.500000  %     23,290.92
A-17  760947LF6     1,348,796.17     1,331,894.69     0.000000  %      1,378.42
A-18  760947LG4             0.00             0.00     0.485054  %          0.00
A-19  760947LR0     9,500,000.00     9,500,000.00     7.500000  %          0.00
R-I   760947LH2           100.00             0.00     7.500000  %          0.00
R-II  760947LJ8           100.00             0.00     7.500000  %          0.00
M-1   760947LK5    11,340,300.00    11,258,547.02     7.500000  %      8,031.32
M-2   760947LL3     5,670,200.00     5,629,323.17     7.500000  %      4,015.70
M-3   760947LM1     4,536,100.00     4,503,398.97     7.500000  %      3,212.51
B-1                 2,041,300.00     2,026,584.13     7.500000  %      1,445.67
B-2                 1,587,600.00     1,576,154.91     7.500000  %      1,124.36
B-3                 2,041,838.57     2,027,118.77     7.500000  %      1,446.01

- -------------------------------------------------------------------------------
                  453,612,334.74   400,738,159.00                  1,110,043.21
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        18,704.04    188,826.84             0.00         0.00   2,764,344.76
A-2       508,407.05    989,173.95             0.00         0.00  80,878,245.19
A-3       224,381.98    443,881.83             0.00         0.00  36,925,925.68
A-4       137,669.36    265,301.52             0.00         0.00  21,471,248.42
A-5       195,392.28    195,392.28             0.00         0.00  30,655,000.00
A-6       109,761.55    177,838.14             0.00         0.00  17,152,359.53
A-7        31,250.00     31,250.00             0.00         0.00   5,000,000.00
A-8        13,385.22     13,385.22             0.00         0.00   2,100,000.00
A-9        79,536.42     79,536.42             0.00         0.00  12,900,000.00
A-10       38,750.00     38,750.00             0.00         0.00   6,000,000.00
A-11       12,905.00     12,905.00             0.00         0.00   2,581,000.00
A-12       15,145.33     15,145.33             0.00         0.00   2,456,000.00
A-13       21,854.67     21,854.67             0.00         0.00   3,544,000.00
A-14       31,606.67     31,606.67             0.00         0.00   4,741,000.00
A-15      624,893.34    624,893.34             0.00         0.00 100,000,000.00
A-16      204,027.15    227,318.07             0.00         0.00  32,626,624.54
A-17            0.00      1,378.42             0.00         0.00   1,330,516.27
A-18      161,955.27    161,955.27             0.00         0.00           0.00
A-19       59,364.87     59,364.87             0.00         0.00   9,500,000.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        70,353.91     78,385.23             0.00         0.00  11,250,515.70
M-2        35,177.27     39,192.97             0.00         0.00   5,625,307.47
M-3        28,141.44     31,353.95             0.00         0.00   4,500,186.46
B-1        12,663.99     14,109.66             0.00         0.00   2,025,138.46
B-2         9,849.29     10,973.65             0.00         0.00   1,575,030.55
B-3        12,667.33     14,113.34             0.00         0.00   2,025,672.76

- -------------------------------------------------------------------------------
        2,657,843.43  3,767,886.64             0.00         0.00 399,628,115.79
===============================================================================


























Run:        07/30/96     13:54:07
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S11 (POOL # 4175)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4175 
________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    259.687395  15.055115     1.655225    16.710340   0.000000    244.632280
A-2    774.847734   4.578732     4.841972     9.420704   0.000000    770.269002
A-3    774.847734   4.578732     4.680573     9.259305   0.000000    770.269002
A-4    774.847734   4.578732     4.938811     9.517543   0.000000    770.269002
A-5   1000.000000   0.000000     6.373912     6.373912   0.000000   1000.000000
A-6    837.244074   3.309830     5.336520     8.646350   0.000000    833.934244
A-7   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-8   1000.000000   0.000000     6.373914     6.373914   0.000000   1000.000000
A-9   1000.000000   0.000000     6.165614     6.165614   0.000000   1000.000000
A-10  1000.000000   0.000000     6.458333     6.458333   0.000000   1000.000000
A-11  1000.000000   0.000000     5.000000     5.000000   0.000000   1000.000000
A-12  1000.000000   0.000000     6.166665     6.166665   0.000000   1000.000000
A-13  1000.000000   0.000000     6.166668     6.166668   0.000000   1000.000000
A-14  1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-15  1000.000000   0.000000     6.248933     6.248933   0.000000   1000.000000
A-16   992.790934   0.708211     6.203885     6.912096   0.000000    992.082724
A-17   987.469211   1.021963     0.000000     1.021963   0.000000    986.447248
A-19  1000.000000   0.000000     6.248934     6.248934   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    992.790933   0.708211     6.203884     6.912095   0.000000    992.082723
M-2    992.790937   0.708211     6.203885     6.912096   0.000000    992.082726
M-3    992.790937   0.708210     6.203884     6.912094   0.000000    992.082728
B-1    992.790932   0.708210     6.203885     6.912095   0.000000    992.082722
B-2    992.790949   0.708214     6.203886     6.912100   0.000000    992.082735
B-3    992.790909   0.708210     6.203884     6.912094   0.000000    992.082719

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:09                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S11 (POOL # 4175)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4175 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       84,405.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,901.24

SUBSERVICER ADVANCES THIS MONTH                                       50,820.10
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   5,155,097.82

 (B)  TWO MONTHLY PAYMENTS:                                    1     191,740.56

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     380,102.10


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        996,188.78

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     399,628,115.79

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,412

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      823,985.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.23467620 %     5.35576700 %    1.40955670 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.22068440 %     5.34897541 %    1.41247190 %
CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4853 %

      BANKRUPTCY AMOUNT AVAILABLE                         165,000.00
      FRAUD AMOUNT AVAILABLE                            9,072,247.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,536,123.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.27186480
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              344.55

POOL TRADING FACTOR:                                                88.09904079


 ................................................................................


Run:        07/30/96     13:54:10                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S12 (POOL # 4176)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4176 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947KG5    35,048,000.00    24,343,786.76     7.250000  %    372,035.78
A-2   760947KH3    23,594,900.00    23,594,900.00     7.250000  %          0.00
A-3   760947KJ9    56,568,460.00    46,242,898.70     7.250000  %    358,875.35
A-4   760947KE0       434,639.46       408,923.67     0.000000  %      2,179.62
A-5   760947KF7             0.00             0.00     0.550658  %          0.00
R     760947KK6           100.00             0.00     7.250000  %          0.00
M-1   760947KL4     1,803,000.00     1,748,551.88     7.250000  %      5,776.98
M-2   760947KM2       901,000.00       873,791.05     7.250000  %      2,886.89
M-3   760947KN0       721,000.00       699,226.78     7.250000  %      2,310.15
B-1                   360,000.00       349,128.49     7.250000  %      1,153.47
B-2                   361,000.00       350,098.30     7.250000  %      1,156.68
B-3                   360,674.91       349,783.03     7.250000  %      1,155.65

- -------------------------------------------------------------------------------
                  120,152,774.37    98,961,088.66                    747,530.57
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       146,992.27    519,028.05             0.00         0.00  23,971,750.98
A-2       142,470.35    142,470.35             0.00         0.00  23,594,900.00
A-3       279,223.13    638,098.48             0.00         0.00  45,884,023.35
A-4             0.00      2,179.62             0.00         0.00     406,744.05
A-5        45,385.23     45,385.23             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        10,558.08     16,335.06             0.00         0.00   1,742,774.90
M-2         5,276.11      8,163.00             0.00         0.00     870,904.16
M-3         4,222.06      6,532.21             0.00         0.00     696,916.63
B-1         2,108.10      3,261.57             0.00         0.00     347,975.02
B-2         2,113.96      3,270.64             0.00         0.00     348,941.62
B-3         2,112.05      3,267.70             0.00         0.00     348,627.38

- -------------------------------------------------------------------------------
          640,461.34  1,387,991.91             0.00         0.00  98,213,558.09
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    694.584192  10.615036     4.194027    14.809063   0.000000    683.969156
A-2   1000.000000   0.000000     6.038184     6.038184   0.000000   1000.000000
A-3    817.467873   6.344089     4.936021    11.280110   0.000000    811.123784
A-4    940.834203   5.014777     0.000000     5.014777   0.000000    935.819426
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    969.801375   3.204093     5.855840     9.059933   0.000000    966.597282
M-2    969.801387   3.204095     5.855838     9.059933   0.000000    966.597292
M-3    969.801359   3.204092     5.855839     9.059931   0.000000    966.597268
B-1    969.801361   3.204083     5.855833     9.059916   0.000000    966.597278
B-2    969.801385   3.204100     5.855845     9.059945   0.000000    966.597285
B-3    969.801393   3.204104     5.855827     9.059931   0.000000    966.597261

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:12                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S12 (POOL # 4176)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4176 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       20,065.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,021.28

SUBSERVICER ADVANCES THIS MONTH                                       19,510.36
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,341,984.35

 (B)  TWO MONTHLY PAYMENTS:                                    2     656,282.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      98,213,558.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          373

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      420,455.56

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.56521210 %     3.37036700 %    1.06442090 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.54617970 %     3.37081331 %    0.00000000 %
CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5504 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,201,528.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     716,776.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07420752
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              164.83

POOL TRADING FACTOR:                                                81.74056621


 ................................................................................


Run:        07/30/96     13:54:13                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S13 (POOL # 4177)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4177 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760947KD2    97,561,000.00    68,655,390.36     6.020000  %    711,024.36
R                           0.00             0.00     0.000000  %          0.00
B-1                 1,156,700.00     1,108,819.07     7.000000  %        940.37
B-2                 1,257,300.00     1,205,254.79     7.000000  %      1,022.15
B-3                   604,098.39       579,092.13     7.000000  %        491.12

- -------------------------------------------------------------------------------
                  100,579,098.39    71,548,556.35                    713,478.00
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         344,349.56  1,055,373.92             0.00         0.00  67,944,366.00
R         111,351.37    111,351.37             0.00         0.00           0.00
B-1         6,466.76      7,407.13             0.00         0.00   1,107,878.70
B-2         7,029.19      8,051.34             0.00         0.00   1,204,232.64
B-3         3,377.34      3,868.46             0.00         0.00     578,601.01

- -------------------------------------------------------------------------------
          472,574.22  1,186,052.22             0.00         0.00  70,835,078.35
===============================================================================












Run:        07/30/96     13:54:13
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S13 (POOL # 4177)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4177 
________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      703.717575   7.287998     3.529582    10.817580   0.000000    696.429577
B-1    958.605576   0.812977     5.590698     6.403675   0.000000    957.792600
B-2    958.605575   0.812972     5.590702     6.403674   0.000000    957.792603
B-3    958.605650   0.812980     5.590712     6.403692   0.000000    957.792670

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:14                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S13 (POOL # 4177)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4177 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,682.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,186.85

SUBSERVICER ADVANCES THIS MONTH                                       17,532.16
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   1,494,525.16

 (B)  TWO MONTHLY PAYMENTS:                                    2     580,889.35

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      70,469.73


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        236,124.79

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      70,835,078.35

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          383

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      652,799.08

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          95.95636010 %     4.04363990 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             95.91909490 %     4.08090510 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            3,017,373.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,135,141.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.48415530
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              322.70

POOL TRADING FACTOR:                                                70.42723536


 ................................................................................


Run:        07/30/96     13:54:15                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S14 (POOL # 4178)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4178 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947LV1    68,252,000.00    40,686,072.97     7.500000  %  1,400,000.77
A-2   760947LW9    56,875,000.00    56,875,000.00     7.500000  %          0.00
A-3   760947LX7    23,500,000.00    23,500,000.00     7.500000  %          0.00
A-4   760947LY5    19,651,199.00     1,465,560.96     7.500000  %    923,600.62
A-5   760947LZ2    75,000,000.00    75,000,000.00     7.500000  %          0.00
A-6   760947MA6    97,212,000.00    97,212,000.00     7.500000  %          0.00
A-7   760947MB4    12,427,000.00    12,427,000.00     7.500000  %          0.00
A-8   760947MC2    53,182,701.00    53,182,701.00     7.500000  %          0.00
A-9   760947MD0    41,080,426.00    41,080,426.00     7.500000  %          0.00
A-10  760947ME8     3,101,574.00     3,101,574.00     7.500000  %          0.00
A-11  760947MF5     1,175,484.46     1,162,570.25     0.000000  %      1,292.94
R     760947MG3           100.00             0.00     7.500000  %          0.00
M-1   760947MH1    10,777,500.00    10,707,572.70     7.500000  %      7,665.91
M-2   760947MJ7     5,987,500.00     5,948,651.49     7.500000  %      4,258.84
M-3   760947MK4     4,790,000.00     4,758,921.19     7.500000  %      3,407.07
B-1                 2,395,000.00     2,379,460.61     7.500000  %      1,703.54
B-2                 1,437,000.00     1,427,676.35     7.500000  %      1,022.12
B-3                 2,155,426.27     2,141,441.32     7.500000  %      1,533.12

- -------------------------------------------------------------------------------
                  478,999,910.73   433,056,628.84                  2,344,484.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       254,217.76  1,654,218.53             0.00         0.00  39,286,072.20
A-2       355,370.61    355,370.61             0.00         0.00  56,875,000.00
A-3       146,834.45    146,834.45             0.00         0.00  23,500,000.00
A-4         9,157.23    932,757.85             0.00         0.00     541,960.34
A-5       468,620.59    468,620.59             0.00         0.00  75,000,000.00
A-6       607,407.26    607,407.26             0.00         0.00  97,212,000.00
A-7        77,647.31     77,647.31             0.00         0.00  12,427,000.00
A-8       332,300.11    332,300.11             0.00         0.00  53,182,701.00
A-9       256,681.78    256,681.78             0.00         0.00  41,080,426.00
A-10       19,379.49     19,379.49             0.00         0.00   3,101,574.00
A-11            0.00      1,292.94             0.00         0.00   1,161,277.31
R               0.00          0.00             0.00         0.00           0.00
M-1        66,903.85     74,569.76             0.00         0.00  10,699,906.79
M-2        37,168.81     41,427.65             0.00         0.00   5,944,392.65
M-3        29,735.05     33,142.12             0.00         0.00   4,755,514.12
B-1        14,867.52     16,571.06             0.00         0.00   2,377,757.07
B-2         8,920.52      9,942.64             0.00         0.00   1,426,654.23
B-3        13,380.31     14,913.43             0.00         0.00   2,139,908.19

- -------------------------------------------------------------------------------
        2,698,592.65  5,043,077.58             0.00         0.00 430,712,143.90
===============================================================================













































Run:        07/30/96     13:54:15
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S14 (POOL # 4178)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4178 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    596.115469  20.512231     3.724693    24.236924   0.000000    575.603238
A-2   1000.000000   0.000000     6.248274     6.248274   0.000000   1000.000000
A-3   1000.000000   0.000000     6.248274     6.248274   0.000000   1000.000000
A-4     74.578704  46.999708     0.465988    47.465696   0.000000     27.578996
A-5   1000.000000   0.000000     6.248275     6.248275   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248274     6.248274   0.000000   1000.000000
A-7   1000.000000   0.000000     6.248275     6.248275   0.000000   1000.000000
A-8   1000.000000   0.000000     6.248274     6.248274   0.000000   1000.000000
A-9   1000.000000   0.000000     6.248275     6.248275   0.000000   1000.000000
A-10  1000.000000   0.000000     6.248276     6.248276   0.000000   1000.000000
A-11   989.013713   1.099921     0.000000     1.099921   0.000000    987.913792
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    993.511733   0.711288     6.207734     6.919022   0.000000    992.800444
M-2    993.511731   0.711289     6.207734     6.919023   0.000000    992.800443
M-3    993.511731   0.711288     6.207735     6.919023   0.000000    992.800443
B-1    993.511737   0.711290     6.207733     6.919023   0.000000    992.800447
B-2    993.511726   0.711287     6.207738     6.919025   0.000000    992.800438
B-3    993.511747   0.711284     6.207733     6.919017   0.000000    992.800459

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:17                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S14 (POOL # 4178)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4178 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       88,749.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,122.70

SPREAD                                                               158,474.22

SUBSERVICER ADVANCES THIS MONTH                                       58,392.19
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   6,140,420.46

 (B)  TWO MONTHLY PAYMENTS:                                    3     974,869.30

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     142,625.43


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        553,485.58

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     430,712,143.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,480

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,034,336.52

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.66425100 %     1.37732300 %    4.95842560 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.63425030 %     1.38011421 %    4.98190440 %

      BANKRUPTCY AMOUNT AVAILABLE                         172,895.00
      FRAUD AMOUNT AVAILABLE                            9,579,998.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,789,999.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.21713369
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              345.53

POOL TRADING FACTOR:                                                89.91904471


 ................................................................................


Run:        07/30/96     13:54:22                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S15 (POOL # 4183)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4183 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947ML2   101,500,000.00    80,085,646.09     7.000000  %  2,476,194.74
A-2   760947MM0    34,000,000.00    34,000,000.00     7.000000  %          0.00
A-3   760947MN8    14,000,000.00    14,000,000.00     7.000000  %          0.00
A-4   760947MP3    25,515,000.00    25,515,000.00     7.000000  %          0.00
A-5   760947MQ1     1,221,111.75     1,175,969.72     0.000000  %      5,123.14
R     760947MU2           100.00             0.00     7.000000  %          0.00
M-1   760947MR9     2,277,000.00     2,219,079.06     7.000000  %      7,565.01
M-2   760947MS7       911,000.00       887,826.53     7.000000  %      3,026.67
M-3   760947MT5     1,367,000.00     1,332,227.08     7.000000  %      4,541.66
B-1                   455,000.00       443,425.99     7.000000  %      1,511.67
B-2                   455,000.00       443,425.99     7.000000  %      1,511.67
B-3                   455,670.95       444,079.90     7.000000  %      1,513.91
SPRE                        0.00             0.00     0.516945  %          0.00

- -------------------------------------------------------------------------------
                  182,156,882.70   160,546,680.36                  2,500,988.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       466,888.98  2,943,083.72             0.00         0.00  77,609,451.35
A-2       198,215.61    198,215.61             0.00         0.00  34,000,000.00
A-3        81,618.20     81,618.20             0.00         0.00  14,000,000.00
A-4       148,749.16    148,749.16             0.00         0.00  25,515,000.00
A-5             0.00      5,123.14             0.00         0.00   1,170,846.58
R               0.00          0.00             0.00         0.00           0.00
M-1        12,936.95     20,501.96             0.00         0.00   2,211,514.05
M-2         5,175.92      8,202.59             0.00         0.00     884,799.86
M-3         7,766.71     12,308.37             0.00         0.00   1,327,685.42
B-1         2,585.11      4,096.78             0.00         0.00     441,914.32
B-2         2,585.11      4,096.78             0.00         0.00     441,914.32
B-3         2,588.93      4,102.84             0.00         0.00     442,565.99
SPRED      69,120.45     69,120.45             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          998,231.13  3,499,219.60             0.00         0.00 158,045,691.89
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    789.021144  24.396007     4.599891    28.995898   0.000000    764.625137
A-2   1000.000000   0.000000     5.829871     5.829871   0.000000   1000.000000
A-3   1000.000000   0.000000     5.829871     5.829871   0.000000   1000.000000
A-4   1000.000000   0.000000     5.829871     5.829871   0.000000   1000.000000
A-5    963.032024   4.195472     0.000000     4.195472   0.000000    958.836552
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    974.562609   3.322358     5.681577     9.003935   0.000000    971.240250
M-2    974.562602   3.322360     5.681581     9.003941   0.000000    971.240242
M-3    974.562604   3.322356     5.681573     9.003929   0.000000    971.240249
B-1    974.562615   3.322352     5.681560     9.003912   0.000000    971.240264
B-2    974.562615   3.322352     5.681560     9.003912   0.000000    971.240264
B-3    974.562675   3.322354     5.681578     9.003932   0.000000    971.240300

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:24                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1995-S15 (POOL # 4183)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4183 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       32,141.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,252.94

SUBSERVICER ADVANCES THIS MONTH                                       17,908.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,837,559.87

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     158,045,691.89

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          588

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,953,075.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.37946990 %     2.78541300 %    0.83511700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.33440660 %     2.79919008 %    0.84551140 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,821,569.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     910,784.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.75333013
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              164.88

POOL TRADING FACTOR:                                                86.76350273


 ................................................................................


Run:        07/30/96     13:54:25                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S16 (POOL # 4184)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4184 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947MV0    15,150,000.00    12,199,131.26     7.500000  %    248,901.03
A-2   760947MW8   152,100,000.00   125,307,601.18     7.500000  %  2,259,895.73
A-3   760947MX6     9,582,241.00     9,582,241.00     7.500000  %          0.00
A-4   760947MY4    34,448,155.00    34,448,155.00     7.500000  %          0.00
A-5   760947MZ1    49,922,745.00    49,922,745.00     7.500000  %          0.00
A-6   760947NA5    44,355,201.00    44,355,201.00     7.500000  %          0.00
A-7   760947NB3    42,424,530.00    42,166,537.30     7.500000  %     49,527.00
A-8   760947NC1    22,189,665.00    19,068,221.24     8.500000  %    263,288.76
A-9   760947ND9    24,993,667.00    21,493,807.35     7.000000  %    295,207.53
A-10  760947NE7     9,694,332.00     8,322,818.25     7.250000  %    115,684.98
A-11  760947NF4    19,384,664.00    16,641,636.34     7.125000  %    231,369.97
A-12  760947NG2       917,418.09       909,764.64     0.000000  %        891.49
R     760947NH0           100.00             0.00     7.500000  %          0.00
M-1   760947NK3    10,149,774.00    10,088,051.03     7.500000  %     11,848.99
M-2   760947NL1     5,638,762.00     5,604,471.48     7.500000  %      6,582.77
M-3   760947NM9     4,511,009.00     4,483,576.58     7.500000  %      5,266.22
B-1   760947NN7     2,255,508.00     2,241,791.77     7.500000  %      2,633.11
B-2   760947NP2     1,353,299.00     1,345,069.29     7.500000  %      1,579.86
B-3   760947NQ0     2,029,958.72     2,017,614.14     7.500000  %      2,369.80
SPRE                        0.00             0.00     0.532486  %          0.00

- -------------------------------------------------------------------------------
                  451,101,028.81   410,198,433.85                  3,495,047.24
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        76,232.51    325,133.54             0.00         0.00  11,950,230.23
A-2       783,048.67  3,042,944.40             0.00         0.00 123,047,705.45
A-3        59,879.54     59,879.54             0.00         0.00   9,582,241.00
A-4       215,266.93    215,266.93             0.00         0.00  34,448,155.00
A-5       311,967.82    311,967.82             0.00         0.00  49,922,745.00
A-6       277,176.17    277,176.17             0.00         0.00  44,355,201.00
A-7       263,499.19    313,026.19             0.00         0.00  42,117,010.30
A-8       135,045.21    398,333.97             0.00         0.00  18,804,932.48
A-9       125,360.71    420,568.24             0.00         0.00  21,198,599.82
A-10       50,275.74    165,960.72             0.00         0.00   8,207,133.27
A-11       98,794.10    330,164.07             0.00         0.00  16,410,266.37
A-12            0.00        891.49             0.00         0.00     908,873.15
R               0.00          0.00             0.00         0.00           0.00
M-1        63,040.35     74,889.34             0.00         0.00  10,076,202.04
M-2        35,022.41     41,605.18             0.00         0.00   5,597,888.71
M-3        28,017.92     33,284.14             0.00         0.00   4,478,310.36
B-1        14,008.98     16,642.09             0.00         0.00   2,239,158.66
B-2         8,405.35      9,985.21             0.00         0.00   1,343,489.43
B-3        12,608.10     14,977.90             0.00         0.00   2,013,249.06
SPRED     181,991.98    181,991.98             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,739,641.68  6,234,688.92             0.00         0.00 406,701,391.33
===============================================================================









































Run:        07/30/96     13:54:25
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S16 (POOL # 4184)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4184 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    805.223185  16.429111     5.031849    21.460960   0.000000    788.794075
A-2    823.850106  14.857960     5.148249    20.006209   0.000000    808.992146
A-3   1000.000000   0.000000     6.249012     6.249012   0.000000   1000.000000
A-4   1000.000000   0.000000     6.249012     6.249012   0.000000   1000.000000
A-5   1000.000000   0.000000     6.249012     6.249012   0.000000   1000.000000
A-6   1000.000000   0.000000     6.249012     6.249012   0.000000   1000.000000
A-7    993.918785   1.167414     6.211010     7.378424   0.000000    992.751371
A-8    859.328937  11.865378     6.085951    17.951329   0.000000    847.463559
A-9    859.970142  11.811293     5.015699    16.826992   0.000000    848.158848
A-10   858.524161  11.933260     5.186096    17.119356   0.000000    846.590902
A-11   858.494960  11.935722     5.096508    17.032230   0.000000    846.559237
A-12   991.657620   0.971738     0.000000     0.971738   0.000000    990.685882
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    993.918784   1.167414     6.211010     7.378424   0.000000    992.751370
M-2    993.918786   1.167414     6.211011     7.378425   0.000000    992.751372
M-3    993.918784   1.167415     6.211010     7.378425   0.000000    992.751369
B-1    993.918785   1.167413     6.211009     7.378422   0.000000    992.751371
B-2    993.918779   1.167414     6.211007     7.378421   0.000000    992.751365
B-3    993.918802   1.167413     6.211013     7.378426   0.000000    991.768473

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:28                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1995-S16 (POOL # 4184)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4184 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       81,966.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,140.55

SUBSERVICER ADVANCES THIS MONTH                                       52,192.16
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   4,911,130.06

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,396,132.51

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        648,487.65

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     406,701,391.33

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,456

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,003,528.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.70112680 %     4.92955200 %    1.36932090 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.65481200 %     4.95508536 %    1.37900450 %

      BANKRUPTCY AMOUNT AVAILABLE                         159,752.00
      FRAUD AMOUNT AVAILABLE                            9,022,021.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,541,068.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.30377464
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              345.95

POOL TRADING FACTOR:                                                90.15749585


 ................................................................................


Run:        07/30/96     13:54:29                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S17 (POOL # 4185)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4185 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947PC9   161,500,000.00   134,384,545.44     7.500000  %    833,193.86
A-2   760947PD7     7,348,151.00     7,348,151.00     7.500000  %          0.00
A-3   760947PE5    24,828,814.00    21,499,824.62     8.500000  %    102,291.98
A-4   760947PF2    15,917,318.00    15,917,318.00     7.500000  %          0.00
A-5   760947PG0    43,800,000.00    43,800,000.00     7.500000  %          0.00
A-6   760947PH8    52,000,000.00    52,000,000.00     7.500000  %          0.00
A-7   760947PJ4    24,828,814.00    21,499,824.62     7.000000  %    102,291.98
A-8   760947PK1    42,208,985.00    42,013,829.08     7.500000  %     29,302.70
A-9   760947PL9    49,657,668.00    42,999,679.17     7.250000  %    204,584.27
A-10  760947PM7       479,655.47       476,811.29     0.000000  %        445.20
R     760947PN5           100.00             0.00     7.500000  %          0.00
M-1   760947PP0    10,087,900.00    10,041,257.95     7.500000  %      7,003.31
M-2   760947PQ8     5,604,400.00     5,578,487.70     7.500000  %      3,890.74
M-3   760947PR6     4,483,500.00     4,462,770.25     7.500000  %      3,112.58
B-1                 2,241,700.00     2,231,335.36     7.500000  %      1,556.25
B-2                 1,345,000.00     1,338,781.31     7.500000  %        933.74
B-3                 2,017,603.30     2,008,274.83     7.500000  %      1,400.66
SPRE                        0.00             0.00     0.476054  %          0.00

- -------------------------------------------------------------------------------
                  448,349,608.77   407,600,890.62                  1,290,007.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       839,660.94  1,672,854.80             0.00         0.00 133,551,351.58
A-2        45,912.68     45,912.68             0.00         0.00   7,348,151.00
A-3       152,246.46    254,538.44             0.00         0.00  21,397,532.64
A-4        99,454.52     99,454.52             0.00         0.00  15,917,318.00
A-5       273,670.97    273,670.97             0.00         0.00  43,800,000.00
A-6       324,906.18    324,906.18             0.00         0.00  52,000,000.00
A-7       125,379.43    227,671.41             0.00         0.00  21,397,532.64
A-8       262,510.62    291,813.32             0.00         0.00  41,984,526.38
A-9       259,714.73    464,299.00             0.00         0.00  42,795,094.90
A-10            0.00        445.20             0.00         0.00     476,366.09
R               0.00          0.00             0.00         0.00           0.00
M-1        62,739.74     69,743.05             0.00         0.00  10,034,254.64
M-2        34,855.48     38,746.22             0.00         0.00   5,574,596.96
M-3        27,884.26     30,996.84             0.00         0.00   4,459,657.67
B-1        13,941.82     15,498.07             0.00         0.00   2,229,779.11
B-2         8,364.96      9,298.70             0.00         0.00   1,337,847.57
B-3        12,548.10     13,948.76             0.00         0.00   2,006,874.17
SPRED     161,653.17    161,653.17             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,705,444.06  3,995,451.33             0.00         0.00 406,310,883.35
===============================================================================













































Run:        07/30/96     13:54:29
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S17 (POOL # 4185)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4185 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    832.102449   5.159095     5.199139    10.358234   0.000000    826.943353
A-2   1000.000000   0.000000     6.248195     6.248195   0.000000   1000.000000
A-3    865.922336   4.119890     6.131846    10.251736   0.000000    861.802446
A-4   1000.000000   0.000000     6.248196     6.248196   0.000000   1000.000000
A-5   1000.000000   0.000000     6.248196     6.248196   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248196     6.248196   0.000000   1000.000000
A-7    865.922336   4.119890     5.049755     9.169645   0.000000    861.802446
A-8    995.376437   0.694229     6.219307     6.913536   0.000000    994.682208
A-9    865.922241   4.119893     5.230103     9.349996   0.000000    861.802348
A-10   994.070369   0.928166     0.000000     0.928166   0.000000    993.142203
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    995.376436   0.694229     6.219306     6.913535   0.000000    994.682207
M-2    995.376436   0.694230     6.219306     6.913536   0.000000    994.682207
M-3    995.376436   0.694230     6.219306     6.913536   0.000000    994.682206
B-1    995.376438   0.694228     6.219307     6.913535   0.000000    994.682210
B-2    995.376439   0.694230     6.219301     6.913531   0.000000    994.682208
B-3    995.376460   0.694230     6.219310     6.913540   0.000000    994.682240

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:31                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1995-S17 (POOL # 4185)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4185 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       83,861.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,286.59

SUBSERVICER ADVANCES THIS MONTH                                       41,831.97
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   4,255,832.26

 (B)  TWO MONTHLY PAYMENTS:                                    1     239,065.84

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     313,335.16


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        750,025.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     406,310,883.35

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,493

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,005,678.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.69703030 %     4.93277500 %    1.37019440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.68141220 %     4.93920052 %    1.37358960 %

      BANKRUPTCY AMOUNT AVAILABLE                         158,983.00
      FRAUD AMOUNT AVAILABLE                            8,966,992.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,483,496.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.26650771
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              347.72

POOL TRADING FACTOR:                                                90.62367300


 ................................................................................


Run:        07/30/96     13:54:32                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S18 (POOL # 4186)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4186 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947NR8    26,815,000.00    17,300,548.50     7.000000  %  1,198,400.52
A-2   760947NS6    45,874,000.00    45,874,000.00     7.000000  %          0.00
A-3   760947NT4    14,000,000.00    12,653,464.74     7.000000  %    169,603.95
A-4   760947NU1    10,808,000.00    10,808,000.00     7.000000  %          0.00
A-5   760947NV9    23,801,500.00    23,801,500.00     7.000000  %          0.00
A-6   760947NW7    13,965,000.00    13,965,000.00     7.000000  %          0.00
A-7   760947PB1       416,148.36       406,070.05     0.000000  %     14,077.50
R     760947NX5           100.00             0.00     7.000000  %          0.00
M-1   760947NY3     2,110,000.00     2,063,428.58     7.000000  %      6,916.20
M-2   760947NZ0     1,054,500.00     1,031,225.33     7.000000  %      3,456.46
M-3   760947PA3       773,500.00       756,427.49     7.000000  %      2,535.39
B-1                   351,000.00       343,252.81     7.000000  %      1,150.51
B-2                   281,200.00       274,993.42     7.000000  %        921.72
B-3                   350,917.39       343,172.02     7.000000  %      1,150.26
SPRE                        0.00             0.00     0.516936  %          0.00

- -------------------------------------------------------------------------------
                  140,600,865.75   129,621,082.94                  1,398,212.51
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       100,717.14  1,299,117.66             0.00         0.00  16,102,147.98
A-2       267,060.77    267,060.77             0.00         0.00  45,874,000.00
A-3        73,663.60    243,267.55             0.00         0.00  12,483,860.79
A-4        62,920.02     62,920.02             0.00         0.00  10,808,000.00
A-5       138,563.17    138,563.17             0.00         0.00  23,801,500.00
A-6        81,298.86     81,298.86             0.00         0.00  13,965,000.00
A-7             0.00     14,077.50             0.00         0.00     391,992.55
R               0.00          0.00             0.00         0.00           0.00
M-1        12,012.49     18,928.69             0.00         0.00   2,056,512.38
M-2         6,003.40      9,459.86             0.00         0.00   1,027,768.87
M-3         4,403.63      6,939.02             0.00         0.00     753,892.10
B-1         1,998.29      3,148.80             0.00         0.00     342,102.30
B-2         1,600.91      2,522.63             0.00         0.00     274,071.70
B-3         1,997.82      3,148.08             0.00         0.00     342,021.76
SPRED      55,725.98     55,725.98             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          807,966.08  2,206,178.59             0.00         0.00 128,222,870.43
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    645.181745  44.691423     3.756000    48.447423   0.000000    600.490322
A-2   1000.000000   0.000000     5.821615     5.821615   0.000000   1000.000000
A-3    903.818910  12.114568     5.261686    17.376254   0.000000    891.704342
A-4   1000.000000   0.000000     5.821615     5.821615   0.000000   1000.000000
A-5   1000.000000   0.000000     5.821615     5.821615   0.000000   1000.000000
A-6   1000.000000   0.000000     5.800000     5.800000   0.000000   1000.000000
A-7    975.781930  33.828080     0.000000    33.828080   0.000000    941.953850
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    977.928237   3.277820     5.693123     8.970943   0.000000    974.650417
M-2    977.928241   3.277819     5.693125     8.970944   0.000000    974.650422
M-3    977.928235   3.277815     5.693122     8.970937   0.000000    974.650420
B-1    977.928234   3.277806     5.693134     8.970940   0.000000    974.650427
B-2    977.928236   3.277809     5.693137     8.970946   0.000000    974.650427
B-3    977.928224   3.277808     5.693135     8.970943   0.000000    974.650359

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1995-S18 (POOL # 4186)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4186 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,321.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,629.05

SUBSERVICER ADVANCES THIS MONTH                                       11,686.77
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,238,352.79

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     128,222,870.43

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          473

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      963,719.30

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.27558780 %     2.98036700 %    0.74404530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.24787910 %     2.99336096 %    0.74958080 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,406,009.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     829,634.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.80055065
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              166.24

POOL TRADING FACTOR:                                                91.19635910


 ................................................................................


Run:        07/30/96     13:54:38                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S19 (POOL # 4188)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4188 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760947QK0   114,954,300.00   106,928,142.67     7.000000  %    406,659.56
R     760947QL8           100.00             0.00     7.000000  %          0.00
M-1   760947QM6     1,786,900.00     1,754,257.15     7.000000  %      5,725.49
M-2   760947QN4       893,400.00       877,079.50     7.000000  %      2,862.58
M-3   760947QP9       595,600.00       584,719.67     7.000000  %      1,908.39
B-1                   297,800.00       292,359.83     7.000000  %        954.19
B-2                   238,200.00       233,848.59     7.000000  %        763.23
B-3                   357,408.38       350,879.29     7.000000  %      1,145.19
SPRE                        0.00             0.00     0.551252  %          0.00

- -------------------------------------------------------------------------------
                  119,123,708.38   111,021,286.70                    420,018.63
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         623,420.50  1,030,080.06             0.00         0.00 106,521,483.11
R               0.00          0.00             0.00         0.00           0.00
M-1        10,227.81     15,953.30             0.00         0.00   1,748,531.66
M-2         5,113.62      7,976.20             0.00         0.00     874,216.92
M-3         3,409.07      5,317.46             0.00         0.00     582,811.28
B-1         1,704.54      2,658.73             0.00         0.00     291,405.64
B-2         1,363.40      2,126.63             0.00         0.00     233,085.36
B-3         2,045.73      3,190.92             0.00         0.00     349,734.10
SPRED      50,973.82     50,973.82             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          698,258.49  1,118,277.12             0.00         0.00 110,601,268.07
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      930.179582   3.537576     5.423203     8.960779   0.000000    926.642006
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    981.732134   3.204147     5.723773     8.927920   0.000000    978.527987
M-2    981.732147   3.204141     5.723774     8.927915   0.000000    978.528005
M-3    981.732152   3.204147     5.723758     8.927905   0.000000    978.528005
B-1    981.732136   3.204130     5.723774     8.927904   0.000000    978.528005
B-2    981.732116   3.204156     5.723762     8.927918   0.000000    978.527960
B-3    981.732130   3.204094     5.723789     8.927883   0.000000    978.527980

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:39                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S19 (POOL # 4188)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4188 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,987.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,291.76

SUBSERVICER ADVANCES THIS MONTH                                       20,674.28
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,328,991.94

 (B)  TWO MONTHLY PAYMENTS:                                    1      98,535.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        750,237.43

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     110,601,268.07

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          428

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       57,671.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.31318990 %     2.89679300 %    0.79001760 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.31126750 %     2.89830299 %    0.79042950 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,191,237.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     609,536.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.86383264
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              168.41

POOL TRADING FACTOR:                                                92.84572280


 ................................................................................


Run:        07/30/96     13:54:40                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S21 (POOL # 4189)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4189 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947QQ7    37,500,000.00    35,167,591.79     6.200000  %    565,203.52
A-2   760947QR5    35,848,000.00    35,848,000.00     6.500000  %          0.00
A-3   760947QS3     8,450,000.00     8,450,000.00     6.200000  %          0.00
A-4   760947QT1    67,350,000.00    53,467,697.63     7.050000  %    688,188.39
A-5   760947QU8   104,043,000.00    98,182,775.76     0.000000  %    410,991.79
A-6   760947QV6    26,848,000.00    26,742,171.70     7.500000  %     18,403.62
A-7   760947QW4       366,090.95       364,284.72     0.000000  %        328.63
R-I   760947QX2           100.00             0.00     7.500000  %          0.00
R-II  760947QY0           100.00             0.00     7.500000  %          0.00
M-1   760947QZ7     6,711,800.00     6,685,343.72     7.500000  %      4,600.77
M-2   760947RA1     4,474,600.00     4,456,962.21     7.500000  %      3,067.22
M-3   760947RB9     2,983,000.00     2,971,241.73     7.500000  %      2,044.77
B-1                 1,789,800.00     1,782,745.04     7.500000  %      1,226.86
B-2                   745,700.00       742,760.63     7.500000  %        511.16
B-3                 1,193,929.65     1,189,223.47     7.500000  %        818.42
SPRE                        0.00             0.00     0.444828  %          0.00

- -------------------------------------------------------------------------------
                  298,304,120.60   276,050,798.40                  1,695,385.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       181,671.37    746,874.89             0.00         0.00  34,602,388.27
A-2       194,146.90    194,146.90             0.00         0.00  35,848,000.00
A-3        43,651.64     43,651.64             0.00         0.00   8,450,000.00
A-4       314,074.56  1,002,262.95             0.00         0.00  52,779,509.24
A-5       296,701.56    707,693.35       414,007.93         0.00  98,185,791.90
A-6       167,112.95    185,516.57             0.00         0.00  26,723,768.08
A-7             0.00        328.63             0.00         0.00     363,956.09
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        41,776.99     46,377.76             0.00         0.00   6,680,742.95
M-2        27,851.74     30,918.96             0.00         0.00   4,453,894.99
M-3        18,567.41     20,612.18             0.00         0.00   2,969,196.96
B-1        11,140.45     12,367.31             0.00         0.00   1,781,518.18
B-2         4,641.54      5,152.70             0.00         0.00     742,249.47
B-3         7,431.51      8,249.93             0.00         0.00   1,188,405.05
SPRED     102,313.67    102,313.67             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        1,411,082.29  3,106,467.44       414,007.93         0.00 274,769,421.18
===============================================================================

















































Run:        07/30/96     13:54:40
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S21 (POOL # 4189)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4189 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    937.802448  15.072094     4.844570    19.916664   0.000000    922.730354
A-2   1000.000000   0.000000     5.415836     5.415836   0.000000   1000.000000
A-3   1000.000000   0.000000     5.165875     5.165875   0.000000   1000.000000
A-4    793.878213  10.218090     4.663319    14.881409   0.000000    783.660122
A-5    943.674978   3.950211     2.851721     6.801932   3.979200    943.703968
A-6    996.058243   0.685475     6.224410     6.909885   0.000000    995.372768
A-7    995.066171   0.897673     0.000000     0.897673   0.000000    994.168498
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    996.058244   0.685475     6.224409     6.909884   0.000000    995.372769
M-2    996.058242   0.685474     6.224409     6.909883   0.000000    995.372769
M-3    996.058240   0.685474     6.224408     6.909882   0.000000    995.372766
B-1    996.058241   0.685473     6.224411     6.909884   0.000000    995.372768
B-2    996.058241   0.685477     6.224407     6.909884   0.000000    995.372764
B-3    996.058243   0.685476     6.224412     6.909888   0.000000    995.372759

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:42                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S21 (POOL # 4189)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4189 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       58,039.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,703.68

SUBSERVICER ADVANCES THIS MONTH                                       35,657.53
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,279,662.21

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,950,456.96

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        575,382.98

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     274,769,421.18

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,025

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,091,369.80

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.53313420 %     5.11941900 %    1.34744680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.50741520 %     5.13297107 %    1.35280570 %

      BANKRUPTCY AMOUNT AVAILABLE                         106,142.00
      FRAUD AMOUNT AVAILABLE                            5,966,082.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,300,925.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.23270912
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              349.56

POOL TRADING FACTOR:                                                92.11050140


 ................................................................................


Run:        07/30/96     13:56:25                                    REPT1B.FRG
Page:         1 of 3
                    NORWEST MORTGAGE, INC. (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-R20 (POOL # 10044)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   10044
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947PS4    17,500,000.00    15,120,269.72     7.500000  %    197,498.78
A-2   760947PT2    73,285,445.00    65,955,846.78     7.500000  %    608,298.65
A-3   760947PU9     7,765,738.00     7,765,738.00     7.500000  %          0.00
A-4   760947PV7    33,673,000.00    33,673,000.00     7.500000  %          0.00
A-5   760947PW5    30,185,181.00    30,048,993.45     7.500000  %     23,861.42
A-6   760947PX3    19,608,650.00    17,347,389.76     7.500000  %    187,666.70
A-7   760947PY1     2,775,000.00     2,775,000.00     7.500000  %          0.00
A-8   760947PZ8     1,030,000.00     1,030,000.00     7.500000  %          0.00
A-9   760947QA2     1,986,000.00     1,986,000.00     7.500000  %          0.00
A-10  760947QB0   114,042,695.00   102,619,529.22     7.500000  %    948,032.36
A-11  760947QC8     3,268,319.71     3,160,497.52     0.000000  %     72,359.23
R     760947QD6           100.00             0.00     7.500000  %          0.00
M-1   760947QE4     7,342,463.00     7,309,335.74     7.500000  %      5,804.23
M-2   760947QF1     5,710,804.00     5,685,038.37     7.500000  %      4,514.40
M-3   760947QG9     3,263,317.00     3,248,593.78     7.500000  %      2,579.66
B-1   760947QH7     1,794,824.00     1,786,726.24     7.500000  %      1,418.81
B-2   760947QJ3     1,142,161.00     1,137,007.88     7.500000  %        902.88
B-3                 1,957,990.76     1,949,156.80     7.500000  %      1,547.75

- -------------------------------------------------------------------------------
                  326,331,688.47   302,598,123.26                  2,054,484.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        94,479.81    291,978.59             0.00         0.00  14,922,770.94
A-2       412,128.61  1,020,427.26             0.00         0.00  65,347,548.13
A-3        48,524.62     48,524.62             0.00         0.00   7,765,738.00
A-4       210,407.53    210,407.53             0.00         0.00  33,673,000.00
A-5       187,762.73    211,624.15             0.00         0.00  30,025,132.03
A-6       108,396.09    296,062.79             0.00         0.00  17,159,723.06
A-7        17,339.74     17,339.74             0.00         0.00   2,775,000.00
A-8         6,436.01      6,436.01             0.00         0.00   1,030,000.00
A-9        12,409.63     12,409.63             0.00         0.00   1,986,000.00
A-10      641,223.59  1,589,255.95             0.00         0.00 101,671,496.86
A-11            0.00     72,359.23             0.00         0.00   3,088,138.29
R               0.00          0.00             0.00         0.00           0.00
M-1        45,672.77     51,477.00             0.00         0.00   7,303,531.51
M-2        35,523.26     40,037.66             0.00         0.00   5,680,523.97
M-3        20,299.01     22,878.67             0.00         0.00   3,246,014.12
B-1        11,164.45     12,583.26             0.00         0.00   1,785,307.43
B-2         7,104.65      8,007.53             0.00         0.00   1,136,105.00
B-3        12,179.41     13,727.16             0.00         0.00   1,947,609.05

- -------------------------------------------------------------------------------
        1,871,051.91  3,925,536.78             0.00         0.00 300,543,638.39
===============================================================================













































Run:        07/30/96     13:56:25
Page:         2 of 3



                    NORWEST MORTGAGE, INC. (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-R20 (POOL # 10044)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   10044
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    864.015413  11.285645     5.398846    16.684491   0.000000    852.729768
A-2    899.985622   8.300402     5.623608    13.924010   0.000000    891.685220
A-3   1000.000000   0.000000     6.248552     6.248552   0.000000   1000.000000
A-4   1000.000000   0.000000     6.248553     6.248553   0.000000   1000.000000
A-5    995.488265   0.790501     6.220361     7.010862   0.000000    994.697763
A-6    884.680473   9.570608     5.527973    15.098581   0.000000    875.109865
A-7   1000.000000   0.000000     6.248555     6.248555   0.000000   1000.000000
A-8   1000.000000   0.000000     6.248553     6.248553   0.000000   1000.000000
A-9   1000.000000   0.000000     6.248555     6.248555   0.000000   1000.000000
A-10   899.834305   8.312960     5.622663    13.935623   0.000000    891.521345
A-11   967.009901  22.139581     0.000000    22.139581   0.000000    944.870320
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    995.488263   0.790502     6.220361     7.010863   0.000000    994.697762
M-2    995.488266   0.790502     6.220361     7.010863   0.000000    994.697764
M-3    995.488265   0.790502     6.220361     7.010863   0.000000    994.697763
B-1    995.488271   0.790501     6.220359     7.010860   0.000000    994.697770
B-2    995.488272   0.790502     6.220358     7.010860   0.000000    994.697770
B-3    995.488252   0.790499     6.220361     7.010860   0.000000    994.697774

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:56:26                                        rept2.frg
Page:      3 of 3
                    NORWEST MORTGAGE, INC. (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-R20 (POOL # 10044)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 10044
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       57,516.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SPREAD                                                                97,104.45

SUBSERVICER ADVANCES THIS MONTH                                        9,428.94
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     562,267.23

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     653,317.49


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     300,543,638.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,050

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,813,642.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.94816120 %     5.42449100 %    1.62734760 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.90680750 %     5.40023728 %    1.63689070 %

      BANKRUPTCY AMOUNT AVAILABLE                         126,853.00
      FRAUD AMOUNT AVAILABLE                            6,526,634.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,263,316.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.08095085
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              338.08

POOL TRADING FACTOR:                                                92.09759549

 ................................................................................


Run:        07/30/96     13:54:48                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S1 (POOL # 4192)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4192 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947RC7   173,876,000.00   155,860,055.41     6.850000  %  1,120,955.79
A-2   760947RD5    25,000,000.00    23,068,378.98     7.250000  %    120,185.86
A-3   760947RE3    22,600,422.00    22,600,422.00     7.000000  %          0.00
A-4   760947RF0    15,842,000.00    15,345,352.88     6.750000  %    101,124.50
A-5   760947RG8    11,649,000.00    11,454,877.81     6.900000  %     39,526.07
A-6   760947RU7    73,856,000.00    74,352,647.12     0.000000  %          0.00
A-7   760947RH6    93,000,000.00    87,344,340.37     7.250000  %    351,896.31
A-8   760947RJ2     6,350,000.00     6,544,122.19     7.250000  %          0.00
A-9   760947RK9    20,348,738.00    18,240,328.93     7.250000  %    131,185.65
A-10  760947RL7     2,511,158.00     2,511,158.00     9.500000  %          0.00
A-11  760947RM5    40,000,000.00    40,000,000.00     7.100000  %          0.00
A-12  760947RN3    15,000,000.00    15,000,000.00     7.250000  %          0.00
A-13  760947RP8       178,301.34       177,429.16     0.000000  %      6,438.76
R-I   760947RQ6           100.00             0.00     7.250000  %          0.00
R-II  760947RY9           100.00             0.00     7.250000  %          0.00
M-1   760947RR4    11,941,396.00    11,901,712.96     7.250000  %      8,186.48
M-2   760947RS2     6,634,109.00     6,612,062.87     7.250000  %      4,548.04
M-3   760947RT0     5,307,287.00     5,289,650.09     7.250000  %      3,638.43
B-1   760947RV5     3,184,372.00     3,173,789.85     7.250000  %      2,183.06
B-2   760947RW3     1,326,822.00     1,322,412.76     7.250000  %        909.61
B-3   760947RX1     2,122,914.66     2,115,859.91     7.250000  %      1,455.36
SPRE                        0.00             0.00     0.639551  %          0.00

- -------------------------------------------------------------------------------
                  530,728,720.00   502,914,601.29                  1,892,233.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       889,446.18  2,010,401.97             0.00         0.00 154,739,099.62
A-2       139,331.52    259,517.38             0.00         0.00  22,948,193.12
A-3       131,798.02    131,798.02             0.00         0.00  22,600,422.00
A-4        86,292.87    187,417.37             0.00         0.00  15,244,228.38
A-5        65,846.67    105,372.74             0.00         0.00  11,415,351.74
A-6       414,629.82    414,629.82       101,124.50         0.00  74,453,771.62
A-7       527,554.16    879,450.47             0.00         0.00  86,992,444.06
A-8             0.00          0.00        39,526.07         0.00   6,583,648.26
A-9       110,170.41    241,356.06             0.00         0.00  18,109,143.28
A-10       19,874.30     19,874.30             0.00         0.00   2,511,158.00
A-11      236,598.85    236,598.85             0.00         0.00  40,000,000.00
A-12       90,599.03     90,599.03             0.00         0.00  15,000,000.00
A-13            0.00      6,438.76             0.00         0.00     170,990.40
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        71,885.57     80,072.05             0.00         0.00  11,893,526.48
M-2        39,936.43     44,484.47             0.00         0.00   6,607,514.83
M-3        31,949.14     35,587.57             0.00         0.00   5,286,011.66
B-1        19,169.48     21,352.54             0.00         0.00   3,171,606.79
B-2         7,987.29      8,896.90             0.00         0.00   1,321,503.15
B-3        12,779.66     14,235.02             0.00         0.00   2,114,404.55
SPRED     267,956.03    267,956.03             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,163,805.43  5,056,039.35       140,650.57         0.00 501,163,017.94
===============================================================================





































Run:        07/30/96     13:54:48
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S1 (POOL # 4192)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4192 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    896.386249   6.446869     5.115405    11.562274   0.000000    889.939380
A-2    922.735159   4.807434     5.573261    10.380695   0.000000    917.927725
A-3   1000.000000   0.000000     5.831662     5.831662   0.000000   1000.000000
A-4    968.649973   6.383317     5.447094    11.830411   0.000000    962.266657
A-5    983.335721   3.393087     5.652560     9.045647   0.000000    979.942634
A-6   1006.724533   0.000000     5.614030     5.614030   1.369212   1008.093745
A-7    939.186456   3.783831     5.672625     9.456456   0.000000    935.402624
A-8   1030.570424   0.000000     0.000000     0.000000   6.224578   1036.795002
A-9    896.386249   6.446869     5.414115    11.860984   0.000000    889.939380
A-10  1000.000000   0.000000     7.914396     7.914396   0.000000   1000.000000
A-11  1000.000000   0.000000     5.914971     5.914971   0.000000   1000.000000
A-12  1000.000000   0.000000     6.039935     6.039935   0.000000   1000.000000
A-13   995.108393  36.111675     0.000000    36.111675   0.000000    958.996719
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    996.676851   0.685555     6.019863     6.705418   0.000000    995.991296
M-2    996.676851   0.685554     6.019863     6.705417   0.000000    995.991297
M-3    996.676850   0.685554     6.019863     6.705417   0.000000    995.991297
B-1    996.676849   0.685554     6.019862     6.705416   0.000000    995.991294
B-2    996.676841   0.685555     6.019866     6.705421   0.000000    995.991286
B-3    996.676857   0.685553     6.019865     6.705418   0.000000    995.991308

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:50                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S1 (POOL # 4192)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4192 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      103,426.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,080.85

SUBSERVICER ADVANCES THIS MONTH                                       53,889.76
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   6,408,786.21

 (B)  TWO MONTHLY PAYMENTS:                                    2     741,530.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        250,012.29

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     501,163,017.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,825

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,405,640.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.95002200 %     4.73476500 %    1.31521260 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.93312350 %     4.74637037 %    1.31888620 %

      BANKRUPTCY AMOUNT AVAILABLE                         183,614.00
      FRAUD AMOUNT AVAILABLE                           10,614,574.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,307,287.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.18108397
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              350.23

POOL TRADING FACTOR:                                                94.42922515


 ................................................................................


Run:        07/30/96     13:54:52                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S2 (POOL # 4193)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4193 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947RZ6    55,358,000.00    51,241,293.55     6.750000  %    897,810.54
A-2   760947SA0    20,391,493.00    20,391,493.00     6.750000  %          0.00
A-3   760947SB8    29,250,000.00    27,660,370.03     6.750000  %    346,681.64
A-4   760947SC6       313,006.32       306,812.73     0.000000  %      5,864.10
R     760947SD4           100.00             0.00     6.750000  %          0.00
M-1   760947SE2     1,364,000.00     1,342,106.03     6.750000  %      4,516.39
M-2   760947SF9       818,000.00       804,870.04     6.750000  %      2,708.51
M-3   760947SG7       546,000.00       537,236.00     6.750000  %      1,807.88
B-1                   491,000.00       483,118.82     6.750000  %      1,625.77
B-2                   273,000.00       268,617.99     6.750000  %        903.94
B-3                   327,627.84       322,369.00     6.750000  %      1,084.70
SPRE                        0.00             0.00     0.557569  %          0.00

- -------------------------------------------------------------------------------
                  109,132,227.16   103,358,287.19                  1,263,003.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       287,744.07  1,185,554.61             0.00         0.00  50,343,483.01
A-2       114,507.87    114,507.87             0.00         0.00  20,391,493.00
A-3       155,326.04    502,007.68             0.00         0.00  27,313,688.39
A-4             0.00      5,864.10             0.00         0.00     300,948.63
R               0.00          0.00             0.00         0.00           0.00
M-1         7,536.56     12,052.95             0.00         0.00   1,337,589.64
M-2         4,519.72      7,228.23             0.00         0.00     802,161.53
M-3         3,016.83      4,824.71             0.00         0.00     535,428.12
B-1         2,712.94      4,338.71             0.00         0.00     481,493.05
B-2         1,508.42      2,412.36             0.00         0.00     267,714.05
B-3         1,810.26      2,894.96             0.00         0.00     321,284.30
SPRED      47,943.10     47,943.10             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          626,625.81  1,889,629.28             0.00         0.00 102,095,283.72
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    925.634841  16.218262     5.197877    21.416139   0.000000    909.416580
A-2   1000.000000   0.000000     5.615473     5.615473   0.000000   1000.000000
A-3    945.653676  11.852364     5.310292    17.162656   0.000000    933.801313
A-4    980.212572  18.734765     0.000000    18.734765   0.000000    961.477807
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    983.948702   3.311136     5.525337     8.836473   0.000000    980.637566
M-2    983.948704   3.311137     5.525330     8.836467   0.000000    980.637567
M-3    983.948718   3.311136     5.525330     8.836466   0.000000    980.637582
B-1    983.948717   3.311141     5.525336     8.836477   0.000000    980.637576
B-2    983.948681   3.311136     5.525348     8.836484   0.000000    980.637546
B-3    983.948739   3.310769     5.525355     8.836124   0.000000    980.637970

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:53                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S2 (POOL # 4193)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4193 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       21,208.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,158.58

SUBSERVICER ADVANCES THIS MONTH                                        5,310.03
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     457,587.36

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     102,095,283.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          359

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      915,085.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.35297030 %     2.60472900 %    1.04230030 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.32035450 %     2.62027705 %    1.05162180 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,091,322.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     661,887.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.59081196
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              167.96

POOL TRADING FACTOR:                                                93.55191072


 ................................................................................


Run:        07/30/96     13:54:45                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S3 (POOL # 4191)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4191 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947SH5    25,823,654.00    24,172,310.47     7.000000  %    106,580.69
A-2   760947SJ1    50,172,797.00    47,420,557.84     7.400000  %    177,634.49
A-3   760947SK8    24,945,526.00    24,945,526.00     7.250000  %          0.00
A-4   760947SL6    33,000,000.00    33,000,000.00     7.250000  %          0.00
A-5   760947SM4    33,510,029.00    33,398,380.05     7.250000  %     23,147.94
A-6   760947SN2    45,513,473.00    42,601,880.04     7.250000  %    187,919.47
A-7   760947SP7     8,560,000.00     8,560,000.00     7.125000  %          0.00
A-8   760947SQ5    77,000,000.00    72,875,852.34     7.250000  %    266,179.94
A-9   760947SR3    36,574,716.00    33,259,561.51     7.250000  %    213,966.06
R     760947SS1           100.00             0.00     7.250000  %          0.00
M-1   760947ST9     8,000,000.00     7,973,345.56     7.250000  %      5,526.21
M-2   760947SU6     5,333,000.00     5,315,231.47     7.250000  %      3,683.91
M-3   760947SV4     3,555,400.00     3,543,554.09     7.250000  %      2,455.99
B-1                 1,244,400.00     1,240,253.89     7.250000  %        859.60
B-2                   888,900.00       885,938.36     7.250000  %        614.03
B-3                 1,422,085.30     1,417,347.20     7.250000  %        982.37
SPRE                        0.00             0.00     0.640936  %          0.00

- -------------------------------------------------------------------------------
                  355,544,080.30   340,609,738.82                    989,550.70
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       140,985.39    247,566.08             0.00         0.00  24,065,729.78
A-2       292,385.81    470,020.30             0.00         0.00  47,242,923.35
A-3       150,691.44    150,691.44             0.00         0.00  24,945,526.00
A-4       199,347.07    199,347.07             0.00         0.00  33,000,000.00
A-5       201,753.61    224,901.55             0.00         0.00  33,375,232.11
A-6       257,350.31    445,269.78             0.00         0.00  42,413,960.57
A-7        50,817.88     50,817.88             0.00         0.00   8,560,000.00
A-8       440,229.93    706,409.87             0.00         0.00  72,609,672.40
A-9       200,915.03    414,881.09             0.00         0.00  33,045,595.45
R               0.00          0.00             0.00         0.00           0.00
M-1        48,165.55     53,691.76             0.00         0.00   7,967,819.35
M-2        32,108.36     35,792.27             0.00         0.00   5,311,547.56
M-3        21,405.97     23,861.96             0.00         0.00   3,541,098.10
B-1         7,492.15      8,351.75             0.00         0.00   1,239,394.29
B-2         5,351.79      5,965.82             0.00         0.00     885,324.33
B-3         8,561.94      9,544.31             0.00         0.00   1,416,364.83
SPRED     181,898.70    181,898.70             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,239,460.93  3,229,011.63             0.00         0.00 339,620,188.12
===============================================================================















































Run:        07/30/96     13:54:45
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S3 (POOL # 4191)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4191 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    936.053065   4.127251     5.459545     9.586796   0.000000    931.925814
A-2    945.144793   3.540454     5.827576     9.368030   0.000000    941.604339
A-3   1000.000000   0.000000     6.040820     6.040820   0.000000   1000.000000
A-4   1000.000000   0.000000     6.040820     6.040820   0.000000   1000.000000
A-5    996.668193   0.690776     6.020693     6.711469   0.000000    995.977417
A-6    936.027889   4.128876     5.654376     9.783252   0.000000    931.899013
A-7   1000.000000   0.000000     5.936668     5.936668   0.000000   1000.000000
A-8    946.439641   3.456882     5.717272     9.174154   0.000000    942.982758
A-9    909.359392   5.850109     5.493277    11.343386   0.000000    903.509284
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    996.668195   0.690776     6.020694     6.711470   0.000000    995.977419
M-2    996.668192   0.690776     6.020694     6.711470   0.000000    995.977416
M-3    996.668192   0.690777     6.020692     6.711469   0.000000    995.977415
B-1    996.668185   0.690775     6.020693     6.711468   0.000000    995.977411
B-2    996.668197   0.690775     6.020688     6.711463   0.000000    995.977422
B-3    996.668203   0.690774     6.020694     6.711468   0.000000    995.977407

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:46                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S3 (POOL # 4191)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4191 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       70,848.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,156.96

SUBSERVICER ADVANCES THIS MONTH                                       27,632.05
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   3,816,277.38

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     339,620,188.12

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,163

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      753,478.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.01788370 %     4.94176400 %    1.04035180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.00461190 %     4.95272825 %    1.04265990 %

      BANKRUPTCY AMOUNT AVAILABLE                         173,940.00
      FRAUD AMOUNT AVAILABLE                            7,110,882.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,949,167.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.18368488
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              350.53

POOL TRADING FACTOR:                                                95.52126078


 ................................................................................


Run:        07/30/96     13:54:54                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S4 (POOL # 4196)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4196 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947TE1    52,772,000.00    49,684,115.23     7.125000  %    365,503.77
A-2   760947TF8    59,147,000.00    55,686,090.41     7.250000  %    409,657.61
A-3   760947TG6    50,000,000.00    47,790,268.30     7.250000  %    261,559.39
A-4   760947TH4     2,000,000.00     1,913,378.48     6.812500  %     10,253.13
A-5   760947TJ0    18,900,000.00    18,081,426.97     7.000000  %     96,892.06
A-6   760947TK7    25,500,000.00    24,395,576.10     7.250000  %    130,727.38
A-7   760947TL5    30,750,000.00    29,418,194.69     7.500000  %    157,641.85
A-8   760947TM3    87,500,000.00    84,544,317.28     7.350000  %    349,855.41
A-9   760947TN1    21,400,000.00    21,400,000.00     6.875000  %          0.00
A-10  760947TP6    30,271,000.00    30,271,000.00     7.375000  %          0.00
A-11  760947TQ4    54,090,000.00    54,090,000.00     7.250000  %          0.00
A-12  760947TR2    42,824,000.00    42,824,000.00     7.250000  %          0.00
A-13  760947TS0    61,263,000.00    61,095,648.24     7.250000  %     43,087.13
A-14  760947TT8       709,256.16       705,405.54     0.000000  %      1,001.51
R     760947TU5           100.00             0.00     7.250000  %          0.00
M-1   760947TV3    12,822,700.00    12,787,672.31     7.250000  %      9,018.39
M-2   760947TW1     7,123,700.00     7,104,240.23     7.250000  %      5,010.20
M-3   760947TX9     6,268,900.00     6,251,775.28     7.250000  %      4,409.01
B-1                 2,849,500.00     2,841,716.03     7.250000  %      2,004.09
B-2                 1,424,700.00     1,420,808.15     7.250000  %      1,002.01
B-3                 2,280,382.97     2,274,153.70     7.250000  %      1,603.81
SPRE                        0.00             0.00     0.515224  %          0.00

- -------------------------------------------------------------------------------
                  569,896,239.13   554,579,786.94                  1,849,226.75
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       294,907.98    660,411.75             0.00         0.00  49,318,611.46
A-2       336,332.51    745,990.12             0.00         0.00  55,276,432.80
A-3       288,643.37    550,202.76             0.00         0.00  47,528,708.91
A-4        10,859.04     21,112.17             0.00         0.00   1,903,125.35
A-5       105,442.29    202,334.35             0.00         0.00  17,984,534.91
A-6       147,344.25    278,071.63             0.00         0.00  24,264,848.72
A-7       183,806.72    341,448.57             0.00         0.00  29,260,552.84
A-8       517,673.42    867,528.83             0.00         0.00  84,194,461.87
A-9       122,566.16    122,566.16             0.00         0.00  21,400,000.00
A-10      185,982.85    185,982.85             0.00         0.00  30,271,000.00
A-11      326,692.45    326,692.45             0.00         0.00  54,090,000.00
A-12      258,648.13    258,648.13             0.00         0.00  42,824,000.00
A-13      369,005.12    412,092.25             0.00         0.00  61,052,561.11
A-14            0.00      1,001.51             0.00         0.00     704,404.03
R               0.00          0.00             0.00         0.00           0.00
M-1        77,234.90     86,253.29             0.00         0.00  12,778,653.92
M-2        42,908.14     47,918.34             0.00         0.00   7,099,230.03
M-3        37,759.43     42,168.44             0.00         0.00   6,247,366.27
B-1        17,163.38     19,167.47             0.00         0.00   2,839,711.94
B-2         8,581.39      9,583.40             0.00         0.00   1,419,806.14
B-3        13,735.42     15,339.23             0.00         0.00   2,272,549.89
SPRED     238,036.65    238,036.65             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,583,323.60  5,432,550.35             0.00         0.00 552,730,560.19
===============================================================================





































Run:        07/30/96     13:54:54
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S4 (POOL # 4196)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4196 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    941.486304   6.926093     5.588342    12.514435   0.000000    934.560211
A-2    941.486304   6.926093     5.686383    12.612476   0.000000    934.560211
A-3    955.805366   5.231188     5.772867    11.004055   0.000000    950.574178
A-4    956.689240   5.126565     5.429520    10.556085   0.000000    951.562675
A-5    956.689258   5.126564     5.578957    10.705521   0.000000    951.562694
A-6    956.689259   5.126564     5.778206    10.904770   0.000000    951.562695
A-7    956.689258   5.126564     5.977454    11.104018   0.000000    951.562694
A-8    966.220769   3.998348     5.916268     9.914616   0.000000    962.222421
A-9   1000.000000   0.000000     5.727391     5.727391   0.000000   1000.000000
A-10  1000.000000   0.000000     6.143928     6.143928   0.000000   1000.000000
A-11  1000.000000   0.000000     6.039794     6.039794   0.000000   1000.000000
A-12  1000.000000   0.000000     6.039794     6.039794   0.000000   1000.000000
A-13   997.268306   0.703314     6.023295     6.726609   0.000000    996.564992
A-14   994.570904   1.412057     0.000000     1.412057   0.000000    993.158847
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    997.268306   0.703314     6.023295     6.726609   0.000000    996.564992
M-2    997.268306   0.703314     6.023294     6.726608   0.000000    996.564992
M-3    997.268305   0.703315     6.023294     6.726609   0.000000    996.564991
B-1    997.268303   0.703313     6.023295     6.726608   0.000000    996.564990
B-2    997.268302   0.703313     6.023296     6.726609   0.000000    996.564989
B-3    997.268323   0.703316     6.023295     6.726611   0.000000    996.565016

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:56                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S4 (POOL # 4196)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4196 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      117,598.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,101.82

SUBSERVICER ADVANCES THIS MONTH                                       73,666.53
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    24   7,308,953.68

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,458,884.35

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,295,895.15

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     552,730,560.19

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,879

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,458,037.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.09967910 %     4.72014800 %    1.18017340 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.08409950 %     4.72657966 %    1.18328960 %

      BANKRUPTCY AMOUNT AVAILABLE                         189,818.00
      FRAUD AMOUNT AVAILABLE                           11,397,925.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   6,791,107.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.05400875
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              351.54

POOL TRADING FACTOR:                                                96.98792907


 ................................................................................


Run:        07/30/96     13:54:58                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S5 (POOL # 4197)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4197 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947SW2    55,184,352.00    51,108,088.18     6.750000  %    649,235.54
A-2   760947SX0    21,274,070.00    21,274,070.00     6.750000  %          0.00
A-3   760947SY8    38,926,942.00    36,851,611.62     6.750000  %    330,542.45
A-4   760947SZ5       177,268.15       172,891.60     0.000000  %        786.81
R     760947TA9           100.00             0.00     6.750000  %          0.00
M-1   760947TB7     1,493,000.00     1,474,353.93     6.750000  %      4,794.71
M-2   760947TC5       597,000.00       589,544.06     6.750000  %      1,917.24
M-3   760947TD3       597,000.00       589,544.06     6.750000  %      1,917.24
B-1                   597,000.00       589,544.06     6.750000  %      1,917.24
B-2                   299,000.00       295,265.79     6.750000  %        960.23
B-3                   298,952.57       295,218.99     6.750000  %        960.08
SPRE                        0.00             0.00     0.525675  %          0.00

- -------------------------------------------------------------------------------
                  119,444,684.72   113,240,132.29                    993,031.54
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       287,272.19    936,507.73             0.00         0.00  50,458,852.64
A-2       119,578.89    119,578.89             0.00         0.00  21,274,070.00
A-3       207,138.32    537,680.77             0.00         0.00  36,521,069.17
A-4             0.00        786.81             0.00         0.00     172,104.79
R               0.00          0.00             0.00         0.00           0.00
M-1         8,287.16     13,081.87             0.00         0.00   1,469,559.22
M-2         3,313.76      5,231.00             0.00         0.00     587,626.82
M-3         3,313.76      5,231.00             0.00         0.00     587,626.82
B-1         3,313.76      5,231.00             0.00         0.00     587,626.82
B-2         1,659.65      2,619.88             0.00         0.00     294,305.56
B-3         1,659.39      2,619.47             0.00         0.00     294,258.91
SPRED      49,569.84     49,569.84             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          685,106.72  1,678,138.26             0.00         0.00 112,247,100.75
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    926.133701  11.764848     5.205682    16.970530   0.000000    914.368853
A-2   1000.000000   0.000000     5.620875     5.620875   0.000000   1000.000000
A-3    946.686529   8.491354     5.321207    13.812561   0.000000    938.195175
A-4    975.311132   4.438530     0.000000     4.438530   0.000000    970.872602
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    987.511005   3.211460     5.550676     8.762136   0.000000    984.299545
M-2    987.510988   3.211457     5.550687     8.762144   0.000000    984.299531
M-3    987.510988   3.211457     5.550687     8.762144   0.000000    984.299531
B-1    987.510988   3.211457     5.550687     8.762144   0.000000    984.299531
B-2    987.511003   3.211472     5.550669     8.762141   0.000000    984.299532
B-3    987.511129   3.211446     5.550680     8.762126   0.000000    984.299650

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:54:59                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S5 (POOL # 4197)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4197 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,892.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,157.83

SUBSERVICER ADVANCES THIS MONTH                                        9,736.59
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     566,174.20

 (B)  TWO MONTHLY PAYMENTS:                                    1     495,441.43

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     112,247,100.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          372

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      624,692.61

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.60956540 %     2.34678200 %    1.04365230 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.59067210 %     2.35624158 %    1.04946810 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,194,447.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,222,232.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.58705671
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              170.57

POOL TRADING FACTOR:                                                93.97412787


 ................................................................................


Run:        07/30/96     13:55:00                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S6 (POOL # 4198)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4198 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947UK5    68,000,000.00    66,482,422.63     6.625000  %    628,346.38
A-2   760947UL3    50,000,000.00    48,616,326.52     6.625000  %    572,904.05
A-3   760947UM1    12,000,000.00    12,000,000.00     6.625000  %          0.00
A-4   760947UN9    10,424,000.00    10,160,023.17     6.000000  %     89,012.96
A-5   760947UP4    40,000,000.00    39,576,102.20     6.625000  %    194,666.76
A-6   760947UQ2     9,032,000.00     9,032,000.00     7.000000  %          0.00
A-7   760947UR0     9,317,000.00     7,859,998.48     8.000000  %    543,702.41
A-8   760947US8     1,331,000.00     1,122,856.93     0.000000  %     77,671.77
A-9   760947UT6    67,509,000.00    67,372,766.28     0.000000  %    171,527.71
A-10  760947UU3    27,446,000.00    27,388,117.82     7.000000  %     19,635.06
A-11  760947UV1    15,000,000.00    14,968,365.78     7.000000  %     10,731.11
A-12  760947UW9    72,100,000.00    71,146,229.94     6.625000  %    438,000.22
A-13  760947UX7    17,900,000.00    17,900,000.00     6.625000  %          0.00
R-I   760947UY5           100.00             0.00     7.000000  %          0.00
R-II  760947UZ2           100.00             0.00     7.000000  %          0.00
M-1   760947VA6     9,550,000.00     9,529,859.55     7.000000  %      6,832.14
M-2   760947VB4     5,306,000.00     5,294,809.92     7.000000  %      3,795.95
M-3   760947VC2     4,669,000.00     4,659,153.33     7.000000  %      3,340.24
B-1                 2,335,000.00     2,330,075.61     7.000000  %      1,670.48
B-2                   849,000.00       847,209.50     7.000000  %        607.38
B-3                 1,698,373.98     1,694,792.21     7.000000  %      1,215.02
SPRE                        0.00             0.00     0.650312  %          0.00

- -------------------------------------------------------------------------------
                  424,466,573.98   417,981,109.87                  2,763,659.64
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       366,927.50    995,273.88             0.00         0.00  65,854,076.25
A-2       268,321.56    841,225.61             0.00         0.00  48,043,422.47
A-3        66,229.99     66,229.99             0.00         0.00  12,000,000.00
A-4        50,784.77    139,797.73             0.00         0.00  10,071,010.21
A-5       218,427.06    413,093.82             0.00         0.00  39,381,435.44
A-6        52,670.76     52,670.76             0.00         0.00   9,032,000.00
A-7        52,384.16    596,086.57             0.00         0.00   7,316,296.07
A-8             0.00     77,671.77             0.00         0.00   1,045,185.16
A-9       392,228.95    563,756.66        89,012.96         0.00  67,290,251.53
A-10      159,715.76    179,350.82             0.00         0.00  27,368,482.76
A-11       87,289.09     98,020.20             0.00         0.00  14,957,634.67
A-12      392,667.83    830,668.05             0.00         0.00  70,708,229.72
A-13       98,793.07     98,793.07             0.00         0.00  17,900,000.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        55,574.06     62,406.20             0.00         0.00   9,523,027.41
M-2        30,877.06     34,673.01             0.00         0.00   5,291,013.97
M-3        27,170.18     30,510.42             0.00         0.00   4,655,813.09
B-1        13,588.00     15,258.48             0.00         0.00   2,328,405.13
B-2         4,940.57      5,547.95             0.00         0.00     846,602.12
B-3         9,883.30     11,098.32             0.00         0.00   1,693,577.19
SPRED     226,446.78    226,446.78             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,574,920.45  5,338,580.09        89,012.96         0.00 415,306,463.19
===============================================================================





































Run:        07/30/96     13:55:00
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S6 (POOL # 4198)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4198 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    977.682686   9.240388     5.395993    14.636381   0.000000    968.442298
A-2    972.326530  11.458081     5.366431    16.824512   0.000000    960.868449
A-3   1000.000000   0.000000     5.519166     5.519166   0.000000   1000.000000
A-4    974.676052   8.539233     4.871908    13.411141   0.000000    966.136820
A-5    989.402555   4.866669     5.460677    10.327346   0.000000    984.535886
A-6   1000.000000   0.000000     5.831572     5.831572   0.000000   1000.000000
A-7    843.619028  58.355953     5.622428    63.978381   0.000000    785.263075
A-8    843.619031  58.355950     0.000000    58.355950   0.000000    785.263080
A-9    997.981992   2.540812     5.810025     8.350837   1.318535    996.759714
A-10   997.891052   0.715407     5.819273     6.534680   0.000000    997.175645
A-11   997.891052   0.715407     5.819273     6.534680   0.000000    997.175645
A-12   986.771566   6.074899     5.446156    11.521055   0.000000    980.696667
A-13  1000.000000   0.000000     5.519166     5.519166   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    997.891052   0.715407     5.819273     6.534680   0.000000    997.175645
M-2    997.891052   0.715407     5.819273     6.534680   0.000000    997.175645
M-3    997.891054   0.715408     5.819272     6.534680   0.000000    997.175646
B-1    997.891054   0.715409     5.819272     6.534681   0.000000    997.175645
B-2    997.891048   0.715406     5.819282     6.534688   0.000000    997.175642
B-3    997.891059   0.715408     5.819272     6.534680   0.000000    997.175657

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:55:02                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S6 (POOL # 4198)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4198 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       92,895.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,037.34

SUBSERVICER ADVANCES THIS MONTH                                       35,800.74
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   4,369,374.51

 (B)  TWO MONTHLY PAYMENTS:                                    1     215,343.62

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     357,766.51


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     415,306,463.19

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,419

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,374,988.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.17296630 %     4.66141200 %    1.16562140 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.13964360 %     4.68806922 %    1.17228720 %

      BANKRUPTCY AMOUNT AVAILABLE                         170,019.00
      FRAUD AMOUNT AVAILABLE                            8,489,331.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,244,666.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.97085442
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              350.93

POOL TRADING FACTOR:                                                97.84197123


 ................................................................................


Run:        07/30/96     13:55:04                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S7 (POOL # 4199)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4199 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947VD0    29,630,000.00    27,896,724.39     5.000000  %    731,569.06
A-2   760947VE8    28,800,000.00    28,800,000.00     5.125000  %          0.00
A-3   760947VF5    26,330,000.00    26,330,000.00     5.750000  %          0.00
A-4   760947VG3    34,157,000.00    34,157,000.00     5.875000  %          0.00
A-5   760947VH1   136,575,000.00   129,714,614.74     6.375000  %    466,192.35
A-6   760947VW8   123,614,000.00   123,863,206.39     0.000000  %     70,364.93
A-7   760947VJ7    66,675,000.00    64,749,356.66     7.000000  %    192,663.97
A-8   760947VK4    10,436,000.00    10,436,000.00     7.000000  %          0.00
A-9   760947VL2     6,550,000.00     6,550,000.00     7.000000  %          0.00
A-10  760947VM0     3,825,000.00     3,825,000.00     7.000000  %          0.00
A-11  760947VN8    20,000,000.00    19,957,512.03     7.000000  %     14,466.53
A-12  760947VP3    38,585,000.00    38,503,030.08     7.000000  %     27,909.55
A-13  760947VQ1       698,595.74       696,618.98     0.000000  %     16,575.78
R-I   760947VR9           100.00             0.00     7.000000  %          0.00
R-II  760947VS7           100.00             0.00     7.000000  %          0.00
M-1   760947VT5    12,554,000.00    12,527,330.30     7.000000  %      9,080.64
M-2   760947VU2     6,974,500.00     6,959,683.39     7.000000  %      5,044.84
M-3   760947VV0     6,137,500.00     6,124,461.50     7.000000  %      4,439.42
B-1   760947VX6     3,069,000.00     3,062,480.23     7.000000  %      2,219.89
B-2   760947VY4     1,116,000.00     1,113,629.17     7.000000  %        807.23
B-3                 2,231,665.53     2,226,924.57     7.000000  %      1,614.21
SPRE                        0.00             0.00     0.603106  %          0.00

- -------------------------------------------------------------------------------
                  557,958,461.27   547,493,572.43                  1,542,948.40
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       116,215.38    847,784.44             0.00         0.00  27,165,155.33
A-2       122,977.81    122,977.81             0.00         0.00  28,800,000.00
A-3       126,141.81    126,141.81             0.00         0.00  26,330,000.00
A-4       167,196.81    167,196.81             0.00         0.00  34,157,000.00
A-5       688,984.55  1,155,176.90             0.00         0.00 129,248,422.39
A-6       507,619.95    577,984.88       433,249.12         0.00 124,226,090.58
A-7       377,636.43    570,300.40             0.00         0.00  64,556,692.69
A-8        60,865.69     60,865.69             0.00         0.00  10,436,000.00
A-9        38,201.44     38,201.44             0.00         0.00   6,550,000.00
A-10       22,308.47     22,308.47             0.00         0.00   3,825,000.00
A-11      116,397.81    130,864.34             0.00         0.00  19,943,045.50
A-12      224,560.48    252,470.03             0.00         0.00  38,475,120.53
A-13            0.00     16,575.78             0.00         0.00     680,043.20
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        73,062.90     82,143.54             0.00         0.00  12,518,249.66
M-2        40,590.82     45,635.66             0.00         0.00   6,954,638.55
M-3        35,719.58     40,159.00             0.00         0.00   6,120,022.08
B-1        17,861.25     20,081.14             0.00         0.00   3,060,260.34
B-2         6,495.00      7,302.23             0.00         0.00   1,112,821.94
B-3        12,988.05     14,602.26             0.00         0.00   2,225,310.36
SPRED     275,114.13    275,114.13             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,030,938.36  4,573,886.76       433,249.12         0.00 546,383,873.15
===============================================================================





































Run:        07/30/96     13:55:04
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S7 (POOL # 4199)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4199 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    941.502679  24.690147     3.922220    28.612367   0.000000    916.812532
A-2   1000.000000   0.000000     4.270063     4.270063   0.000000   1000.000000
A-3   1000.000000   0.000000     4.790802     4.790802   0.000000   1000.000000
A-4   1000.000000   0.000000     4.894950     4.894950   0.000000   1000.000000
A-5    949.768367   3.413453     5.044734     8.458187   0.000000    946.354914
A-6   1002.016005   0.569231     4.106492     4.675723   3.504855   1004.951628
A-7    971.118960   2.889598     5.663838     8.553436   0.000000    968.229362
A-8   1000.000000   0.000000     5.832282     5.832282   0.000000   1000.000000
A-9   1000.000000   0.000000     5.832281     5.832281   0.000000   1000.000000
A-10  1000.000000   0.000000     5.832280     5.832280   0.000000   1000.000000
A-11   997.875602   0.723327     5.819891     6.543218   0.000000    997.152275
A-12   997.875601   0.723326     5.819891     6.543217   0.000000    997.152275
A-13   997.170381  23.727285     0.000000    23.727285   0.000000    973.443096
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    997.875601   0.723326     5.819890     6.543216   0.000000    997.152275
M-2    997.875603   0.723326     5.819890     6.543216   0.000000    997.152276
M-3    997.875601   0.723327     5.819891     6.543218   0.000000    997.152274
B-1    997.875604   0.723327     5.819892     6.543219   0.000000    997.152278
B-2    997.875600   0.723324     5.819892     6.543216   0.000000    997.152276
B-3    997.875596   0.723325     5.819891     6.543216   0.000000    997.152275

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:55:06                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S7 (POOL # 4199)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4199 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      114,078.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    25,502.85

SUBSERVICER ADVANCES THIS MONTH                                       53,345.81
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   6,886,614.51

 (B)  TWO MONTHLY PAYMENTS:                                    2     518,252.10

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     546,383,873.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,842

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      712,745.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.14508270 %     4.68391000 %    1.17100760 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.13760700 %     4.68405302 %    1.17250280 %

      BANKRUPTCY AMOUNT AVAILABLE                         209,026.00
      FRAUD AMOUNT AVAILABLE                           11,159,169.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,579,585.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.90192377
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              351.87

POOL TRADING FACTOR:                                                97.92554663


 ................................................................................


Run:        07/30/96     13:55:07                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S8 (POOL # 4200)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4200 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947UA7    60,000,000.00    58,129,790.23     6.750000  %    458,810.76
A-2   760947UB5    39,034,000.00    37,519,644.56     6.750000  %    367,144.25
A-3   760947UC3     6,047,000.00     6,047,000.00     6.750000  %          0.00
A-4   760947UD1     5,000,000.00     4,953,322.51     6.750000  %     15,817.44
A-5   760947UE9       229,143.79       226,787.12     0.000000  %        857.02
R     760947UF6           100.00             0.00     6.750000  %          0.00
M-1   760947UG4     1,425,200.00     1,411,894.83     6.750000  %      4,508.60
M-2   760947UH2       570,100.00       564,777.74     6.750000  %      1,803.50
M-3   760947UJ8       570,100.00       564,777.74     6.750000  %      1,803.50
B-1                   570,100.00       564,777.74     6.750000  %      1,803.50
B-2                   285,000.00       282,339.34     6.750000  %        901.59
B-3                   285,969.55       283,299.85     6.750000  %        904.68
SPRE                        0.00             0.00     0.526703  %          0.00

- -------------------------------------------------------------------------------
                  114,016,713.34   110,548,411.66                    854,354.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       326,680.87    785,491.63             0.00         0.00  57,670,979.47
A-2       210,854.88    577,999.13             0.00         0.00  37,152,500.31
A-3        33,983.26     33,983.26             0.00         0.00   6,047,000.00
A-4        27,836.94     43,654.38             0.00         0.00   4,937,505.07
A-5             0.00        857.02             0.00         0.00     225,930.10
R               0.00          0.00             0.00         0.00           0.00
M-1         7,934.64     12,443.24             0.00         0.00   1,407,386.23
M-2         3,173.96      4,977.46             0.00         0.00     562,974.24
M-3         3,173.96      4,977.46             0.00         0.00     562,974.24
B-1         3,173.96      4,977.46             0.00         0.00     562,974.24
B-2         1,586.71      2,488.30             0.00         0.00     281,437.75
B-3         1,592.10      2,496.78             0.00         0.00     282,395.17
SPRED      48,477.39     48,477.39             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          668,468.67  1,522,823.51             0.00         0.00 109,694,056.82
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    968.829837   7.646846     5.444681    13.091527   0.000000    961.182991
A-2    961.204195   9.405755     5.401826    14.807581   0.000000    951.798440
A-3   1000.000000   0.000000     5.619854     5.619854   0.000000   1000.000000
A-4    990.664502   3.163488     5.567388     8.730876   0.000000    987.501014
A-5    989.715322   3.740097     0.000000     3.740097   0.000000    985.975225
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    990.664349   3.163486     5.567387     8.730873   0.000000    987.500863
M-2    990.664340   3.163480     5.567374     8.730854   0.000000    987.500860
M-3    990.664340   3.163480     5.567374     8.730854   0.000000    987.500860
B-1    990.664340   3.163480     5.567374     8.730854   0.000000    987.500860
B-2    990.664351   3.163474     5.567404     8.730878   0.000000    987.500877
B-3    990.664391   3.163484     5.567376     8.730860   0.000000    987.500837

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:55:08                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S8 (POOL # 4200)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4200 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,509.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,186.99

SUBSERVICER ADVANCES THIS MONTH                                        7,287.59
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     768,005.38

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     109,694,056.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          380

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      501,305.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.67167040 %     2.30367400 %    1.02465580 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.65643140 %     2.30945485 %    1.02934730 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,140,167.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     644,114.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.57855274
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              172.29

POOL TRADING FACTOR:                                                96.20875186


 ................................................................................


Run:        07/30/96     13:55:14                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S9 (POOL # 4203)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4203 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947XB2   126,846,538.00   127,040,539.41     0.000000  %    129,417.08
A-2   760947WF4    20,813,863.00    20,659,091.87     7.250000  %     90,786.91
A-3   760947WG2     6,939,616.00     6,908,656.38     7.250000  %     21,213.59
A-4   760947WH0     3,076,344.00     3,044,924.71     6.100000  %     19,451.45
A-5   760947WJ6    74,488,122.00    74,488,122.00     6.300000  %          0.00
A-6   760947WK3    22,340,000.00    20,134,894.72     7.250000  %  1,011,057.50
A-7   760947WL1    30,014,887.00    29,972,597.97     7.250000  %     21,330.76
A-8   760947WM9    49,964,458.00    49,666,364.60     7.250000  %    204,254.22
A-9   760947WN7    16,853,351.00    16,853,351.00     7.250000  %          0.00
A-10  760947WP2    18,008,933.00    17,973,692.14     7.250000  %     17,775.64
A-11  760947WQ0     7,003,473.00     7,003,473.00     7.250000  %          0.00
A-12  760947WR8    95,117,613.00    94,291,704.78     7.250000  %    459,670.37
A-13  760947WS6    11,709,319.00    11,851,161.05     7.250000  %          0.00
A-14  760947WT4    67,096,213.00    66,410,946.50     6.730000  %    424,243.29
A-15  760947WU1     1,955,837.23     1,951,604.27     0.000000  %      2,306.83
R-I   760947WV9           100.00             0.00     7.250000  %          0.00
R-II  760947WW7           100.00             0.00     7.250000  %          0.00
M-1   760947WX5    13,183,200.00    13,164,625.73     7.250000  %      9,368.94
M-2   760947WY3     7,909,900.00     7,898,755.47     7.250000  %      5,621.35
M-3   760947WZ0     5,859,200.00     5,850,944.76     7.250000  %      4,163.97
B-1                 3,222,600.00     3,218,059.56     7.250000  %      2,290.21
B-2                 1,171,800.00     1,170,149.01     7.250000  %        832.77
B-3                 2,343,649.31     2,340,347.20     7.250000  %      1,665.62
SPRE                        0.00             0.00     0.375804  %          0.00

- -------------------------------------------------------------------------------
                  585,919,116.54   581,894,006.13                  2,425,450.50
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       565,444.57    694,861.65       292,620.51         0.00 127,203,742.84
A-2       124,795.35    215,582.26             0.00         0.00  20,568,304.96
A-3        41,733.11     62,946.70             0.00         0.00   6,887,442.79
A-4        15,475.89     34,927.34             0.00         0.00   3,025,473.26
A-5       391,000.03    391,000.03             0.00         0.00  74,488,122.00
A-6       121,628.84  1,132,686.34             0.00         0.00  19,123,837.22
A-7       181,055.46    202,386.22             0.00         0.00  29,951,267.21
A-8       300,019.58    504,273.80             0.00         0.00  49,462,110.38
A-9       101,806.03    101,806.03             0.00         0.00  16,853,351.00
A-10      108,573.67    126,349.31             0.00         0.00  17,955,916.50
A-11       42,305.88     42,305.88             0.00         0.00   7,003,473.00
A-12      569,587.84  1,029,258.21             0.00         0.00  93,832,034.41
A-13            0.00          0.00        71,589.30         0.00  11,922,750.35
A-14      372,395.09    796,638.38             0.00         0.00  65,986,703.21
A-15            0.00      2,306.83             0.00         0.00   1,949,297.44
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        79,523.55     88,892.49             0.00         0.00  13,155,256.79
M-2        47,714.01     53,335.36             0.00         0.00   7,893,134.12
M-3        35,343.80     39,507.77             0.00         0.00   5,846,780.79
B-1        19,439.33     21,729.54             0.00         0.00   3,215,769.35
B-2         7,068.52      7,901.29             0.00         0.00   1,169,316.24
B-3        14,137.34     15,802.96             0.00         0.00   2,338,681.58
SPRED     182,202.36    182,202.36             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,321,250.25  5,746,700.75       364,209.81         0.00 579,832,765.44
===============================================================================

































Run:        07/30/96     13:55:14
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S9 (POOL # 4203)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4203 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1   1001.529418   1.020265     4.457706     5.477971   2.306886   1002.816039
A-2    992.564036   4.361848     5.995780    10.357628   0.000000    988.202188
A-3    995.538713   3.056882     6.013749     9.070631   0.000000    992.481830
A-4    989.786809   6.322911     5.030611    11.353522   0.000000    983.463897
A-5   1000.000000   0.000000     5.249159     5.249159   0.000000   1000.000000
A-6    901.293407  45.257722     5.444442    50.702164   0.000000    856.035686
A-7    998.591065   0.710673     6.032189     6.742862   0.000000    997.880392
A-8    994.033891   4.087990     6.004660    10.092650   0.000000    989.945901
A-9   1000.000000   0.000000     6.040700     6.040700   0.000000   1000.000000
A-10   998.043146   0.987046     6.028879     7.015925   0.000000    997.056100
A-11  1000.000000   0.000000     6.040700     6.040700   0.000000   1000.000000
A-12   991.316979   4.832652     5.988248    10.820900   0.000000    986.484327
A-13  1012.113604   0.000000     0.000000     0.000000   6.113874   1018.227478
A-14   989.786808   6.322910     5.550166    11.873076   0.000000    983.463899
A-15   997.835730   1.179459     0.000000     1.179459   0.000000    996.656271
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    998.591065   0.710673     6.032189     6.742862   0.000000    997.880393
M-2    998.591066   0.710673     6.032189     6.742862   0.000000    997.880393
M-3    998.591064   0.710672     6.032189     6.742861   0.000000    997.880392
B-1    998.591063   0.710672     6.032188     6.742860   0.000000    997.880392
B-2    998.591065   0.710676     6.032190     6.742866   0.000000    997.880389
B-3    998.591039   0.710674     6.032191     6.742865   0.000000    997.880344

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:55:16                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1996-S9 (POOL # 4203)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4203 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      121,230.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,692.78

SUBSERVICER ADVANCES THIS MONTH                                      129,964.66
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    56  17,523,420.11

 (B)  TWO MONTHLY PAYMENTS:                                    2     714,363.33

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     579,832,765.44

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,002

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,646,922.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.19892710 %     4.64086200 %    1.16021100 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.18240170 %     4.63843599 %    1.16351610 %

      BANKRUPTCY AMOUNT AVAILABLE                         202,281.00
      FRAUD AMOUNT AVAILABLE                           11,718,382.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,859,191.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.89419142
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              354.09

POOL TRADING FACTOR:                                                98.96123015


 ................................................................................


Run:        07/30/96     13:55:18                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S11 (POOL # 4204)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4204 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947VZ1   110,123,000.00   108,926,722.84     7.000000  %    964,860.98
A-2   760947WA5     1,458,253.68     1,448,297.08     0.000000  %      5,254.73
R     760947WB3           100.00             0.00     7.000000  %          0.00
M-1   760947WC1     1,442,000.00     1,432,950.45     7.000000  %      4,592.40
M-2   760947WD9       865,000.00       859,571.53     7.000000  %      2,754.80
M-3   760947WE7       288,000.00       286,192.60     7.000000  %        917.21
B-1                   576,700.00       573,080.81     7.000000  %      1,836.64
B-2                   288,500.00       286,689.46     7.000000  %        918.80
B-3                   288,451.95       286,641.72     7.000000  %        918.50
SPRE                        0.00             0.00     0.242669  %          0.00

- -------------------------------------------------------------------------------
                  115,330,005.63   114,100,146.49                    982,054.06
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       633,418.69  1,598,279.67             0.00         0.00 107,961,861.86
A-2             0.00      5,254.73             0.00         0.00   1,443,042.35
R               0.00          0.00             0.00         0.00           0.00
M-1         8,332.74     12,925.14             0.00         0.00   1,428,358.05
M-2         4,998.49      7,753.29             0.00         0.00     856,816.73
M-3         1,664.24      2,581.45             0.00         0.00     285,275.39
B-1         3,332.52      5,169.16             0.00         0.00     571,244.17
B-2         1,667.13      2,585.93             0.00         0.00     285,770.66
B-3         1,666.85      2,585.35             0.00         0.00     285,723.22
SPRED      23,001.66     23,001.66             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          678,082.32  1,660,136.38             0.00         0.00 113,118,092.43
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    989.136900   8.761666     5.751920    14.513586   0.000000    980.375234
A-2    993.172244   3.603440     0.000000     3.603440   0.000000    989.568804
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    993.724307   3.184743     5.778599     8.963342   0.000000    990.539563
M-2    993.724312   3.184740     5.778601     8.963341   0.000000    990.539572
M-3    993.724306   3.184757     5.778611     8.963368   0.000000    990.539549
B-1    993.724311   3.184741     5.778602     8.963343   0.000000    990.539570
B-2    993.724298   3.184749     5.778614     8.963363   0.000000    990.539549
B-3    993.724327   3.184239     5.778605     8.962844   0.000000    990.540088

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:55:19                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S11 (POOL # 4204)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4204 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,616.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,404.48

SUBSERVICER ADVANCES THIS MONTH                                       13,297.17
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3   1,076,749.07

 (B)  TWO MONTHLY PAYMENTS:                                    1     360,939.53

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     113,118,092.43

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          404

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      616,140.55

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.69323980 %     2.28910100 %    1.01765930 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.67500640 %     2.27235990 %    1.02327070 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,153,300.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     643,800.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.45318540
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              173.26

POOL TRADING FACTOR:                                                98.08210085


 ................................................................................


Run:        07/30/96     13:55:20                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S12 (POOL # 4205)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4205 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760947XA4    91,183,371.00    85,010,936.52     5.900000  %  3,429,023.19
R                           0.00       143,845.44     0.000000  %          0.00

- -------------------------------------------------------------------------------
                   91,183,371.00    85,154,781.96                  3,429,023.19
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         413,506.74  3,842,529.93             0.00         0.00  81,581,913.33
R               0.00          0.00        87,360.47         0.00     231,205.91

- -------------------------------------------------------------------------------
          413,506.74  3,842,529.93        87,360.47         0.00  81,813,119.24
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      932.307455  37.605795     4.534892    42.140687   0.000000    894.701659

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:55:21                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S12 (POOL # 4205)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4205 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,041.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       17,871.64
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   2,217,717.31

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        247,242.02

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      81,813,119.24

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          294

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,269,072.62

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          99.83107770 %     0.16892230 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             99.71739750 %     0.28260250 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.66848667
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              342.62

POOL TRADING FACTOR:                                                89.72372741


 ................................................................................


Run:        07/30/96     13:55:22                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S10 (POOL # 4206)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4206 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947XC0   186,575,068.00   186,049,835.18     7.500000  %    805,488.51
A-2   760947XD8    75,497,074.00    75,190,621.91     7.500000  %    469,969.94
A-3   760947XE6    33,361,926.00    33,361,926.00     7.500000  %          0.00
A-4   760947XF3    69,336,000.00    69,336,000.00     7.500000  %          0.00
A-5   760947XG1    84,305,000.00    84,305,000.00     7.500000  %          0.00
A-6   760947XH9    37,904,105.00    37,904,105.00     7.500000  %          0.00
A-7   760947XJ5    14,595,895.00    14,595,895.00     7.500000  %          0.00
A-8   760947XK2     6,332,420.11     6,326,934.78     0.000000  %      8,356.42
R     760947XL0           100.00             0.00     7.500000  %          0.00
M-1   760947XM8     9,380,900.00     9,374,388.31     7.500000  %      6,595.41
M-2   760947XN6     6,700,600.00     6,695,948.82     7.500000  %      4,710.98
M-3   760947XP1     5,896,500.00     5,892,406.99     7.500000  %      4,145.64
B-1                 2,948,300.00     2,946,253.46     7.500000  %      2,072.86
B-2                 1,072,100.00     1,071,355.81     7.500000  %        753.76
B-3                 2,144,237.43     2,142,749.00     7.500000  %      1,507.56
SPRE                        0.00             0.00     0.220269  %          0.00

- -------------------------------------------------------------------------------
                  536,050,225.54   535,193,420.26                  1,303,601.08
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1     1,162,693.91  1,968,182.42             0.00         0.00 185,244,346.67
A-2       469,893.88    939,863.82             0.00         0.00  74,720,651.97
A-3       208,490.96    208,490.96             0.00         0.00  33,361,926.00
A-4       433,306.19    433,306.19             0.00         0.00  69,336,000.00
A-5       526,852.98    526,852.98             0.00         0.00  84,305,000.00
A-6       236,876.71    236,876.71             0.00         0.00  37,904,105.00
A-7        91,215.12     91,215.12             0.00         0.00  14,595,895.00
A-8             0.00      8,356.42             0.00         0.00   6,318,578.36
R               0.00          0.00             0.00         0.00           0.00
M-1        58,584.01     65,179.42             0.00         0.00   9,367,792.90
M-2        41,845.45     46,556.43             0.00         0.00   6,691,237.84
M-3        36,823.82     40,969.46             0.00         0.00   5,888,261.35
B-1        18,412.22     20,485.08             0.00         0.00   2,944,180.60
B-2         6,695.29      7,449.05             0.00         0.00   1,070,602.05
B-3        13,390.83     14,898.39             0.00         0.00   2,141,241.44
SPRED      98,228.78     98,228.78             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,403,310.15  4,706,911.23             0.00         0.00 533,889,819.18
===============================================================================

















































Run:        07/30/96     13:55:22
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S10 (POOL # 4206)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4206 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    997.184871   4.317236     6.231775    10.549011   0.000000    992.867636
A-2    995.940875   6.225009     6.224001    12.449010   0.000000    989.715866
A-3   1000.000000   0.000000     6.249368     6.249368   0.000000   1000.000000
A-4   1000.000000   0.000000     6.249368     6.249368   0.000000   1000.000000
A-5   1000.000000   0.000000     6.249368     6.249368   0.000000   1000.000000
A-6   1000.000000   0.000000     6.249368     6.249368   0.000000   1000.000000
A-7   1000.000000   0.000000     6.249368     6.249368   0.000000   1000.000000
A-8    999.133770   1.319625     0.000000     1.319625   0.000000    997.814145
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    999.305857   0.703068     6.245031     6.948099   0.000000    998.602789
M-2    999.305856   0.703068     6.245030     6.948098   0.000000    998.602788
M-3    999.305858   0.703068     6.245030     6.948098   0.000000    998.602790
B-1    999.305858   0.703070     6.245029     6.948099   0.000000    998.602788
B-2    999.305858   0.703069     6.245024     6.948093   0.000000    998.602789
B-3    999.305846   0.703070     6.245031     6.948101   0.000000    998.602771

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:55:24                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S10 (POOL # 4206)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4206 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      112,138.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,106.99

SUBSERVICER ADVANCES THIS MONTH                                       70,621.58
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    36   9,621,213.88

 (B)  TWO MONTHLY PAYMENTS:                                    1     254,620.32

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     533,889,819.18

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,847

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      926,574.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.68238140 %     4.15279600 %    1.16482300 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.67307650 %     4.11082798 %    1.16686120 %

      BANKRUPTCY AMOUNT AVAILABLE                         186,508.00
      FRAUD AMOUNT AVAILABLE                           10,721,005.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,665,909.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.92528493
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              355.56

POOL TRADING FACTOR:                                                99.59697688


 ................................................................................


Run:        07/30/96     13:55:25                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S13 (POOL # 4207)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4207 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947XQ9    79,750,000.00    79,282,469.68     7.000000  %  2,296,241.55
A-2   760947XR7    13,800,000.00    13,800,000.00     7.000000  %          0.00
A-3   760947XS5    18,350,000.00    18,350,000.00     7.000000  %          0.00
A-4   760947XT3    18,245,000.00    18,245,000.00     7.000000  %          0.00
A-5   760947XU0    20,000,000.00    19,932,411.11     7.000000  %     67,280.05
A-6   760947XV8     2,531,159.46     2,520,648.15     0.000000  %     10,927.31
R     760947XW6           100.00             0.00     7.000000  %          0.00
M-1   760947XX4     2,368,100.00     2,360,095.69     7.000000  %      7,966.29
M-2   760947XY2       789,000.00       786,333.13     7.000000  %      2,654.20
M-3   760947XZ9       394,500.00       393,166.57     7.000000  %      1,327.10
B-1                   789,000.00       786,333.13     7.000000  %      2,654.20
B-2                   394,500.00       393,166.57     7.000000  %      1,327.10
B-3                   394,216.33       392,883.86     7.000000  %      1,326.13
SPRE                        0.00             0.00     0.369336  %          0.00

- -------------------------------------------------------------------------------
                  157,805,575.79   157,242,507.89                  2,391,703.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       462,359.97  2,758,601.52             0.00         0.00  76,986,228.13
A-2        80,478.92     80,478.92             0.00         0.00  13,800,000.00
A-3       107,013.64    107,013.64             0.00         0.00  18,350,000.00
A-4       106,401.30    106,401.30             0.00         0.00  18,245,000.00
A-5       116,241.95    183,522.00             0.00         0.00  19,865,131.06
A-6             0.00     10,927.31             0.00         0.00   2,509,720.84
R               0.00          0.00             0.00         0.00           0.00
M-1        13,763.61     21,729.90             0.00         0.00   2,352,129.40
M-2         4,585.74      7,239.94             0.00         0.00     783,678.93
M-3         2,292.87      3,619.97             0.00         0.00     391,839.47
B-1         4,585.74      7,239.94             0.00         0.00     783,678.93
B-2         2,292.87      3,619.97             0.00         0.00     391,839.47
B-3         2,291.22      3,617.35             0.00         0.00     391,557.73
SPRED      48,383.40     48,383.40             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          950,691.23  3,342,395.16             0.00         0.00 154,850,803.96
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    994.137551  28.792997     5.797617    34.590614   0.000000    965.344553
A-2   1000.000000   0.000000     5.831806     5.831806   0.000000   1000.000000
A-3   1000.000000   0.000000     5.831806     5.831806   0.000000   1000.000000
A-4   1000.000000   0.000000     5.831806     5.831806   0.000000   1000.000000
A-5    996.620556   3.364003     5.812098     9.176101   0.000000    993.256553
A-6    995.847235   4.317116     0.000000     4.317116   0.000000    991.530119
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    996.619944   3.364001     5.812090     9.176091   0.000000    993.255944
M-2    996.619937   3.364005     5.812091     9.176096   0.000000    993.255932
M-3    996.619949   3.364005     5.812091     9.176096   0.000000    993.255944
B-1    996.619937   3.364005     5.812091     9.176096   0.000000    993.255932
B-2    996.619949   3.364005     5.812091     9.176096   0.000000    993.255944
B-3    996.619952   3.363991     5.812088     9.176079   0.000000    993.255999

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:55:27                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S13 (POOL # 4207)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4207 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       32,685.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,067.44

SUBSERVICER ADVANCES THIS MONTH                                       21,469.54
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,345,960.25

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     154,850,803.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          625

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,859,580.04

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.69602020 %     2.28771500 %    1.01626460 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.65571240 %     2.27809460 %    1.02866290 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,578,056.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     789,028.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.56656949
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              167.72

POOL TRADING FACTOR:                                                98.12758718


 ................................................................................


Run:        07/30/96     13:55:28                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S14 (POOL # 4208)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4208 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947YA3    31,680,861.00    31,492,979.51     7.500000  %    143,568.46
A-2   760947YB1   105,040,087.00   104,522,404.08     7.500000  %    395,584.15
A-3   760947YC9     2,560,000.00     2,560,000.00     7.500000  %          0.00
A-4   760947YD7    33,579,740.00    33,552,939.25     7.500000  %     27,047.17
A-5   760947YE5     6,864,000.00     6,864,000.00     7.750000  %          0.00
A-6   760947YF2     1,536,000.00     1,536,000.00     6.000000  %          0.00
A-7   760947YG0    27,457,512.00    27,457,512.00     7.425000  %          0.00
A-8   760947YH8    13,002,000.00    13,002,000.00     7.500000  %          0.00
A-9   760947YJ4     3,150,000.00     3,150,000.00     7.500000  %          0.00
A-10  760947YK1     5,225,000.00     5,225,000.00     7.500000  %          0.00
A-11  760947YL9    10,498,532.00    10,446,790.70     8.000000  %     39,537.79
A-12  760947YM7    59,143,468.00    58,851,983.44     7.000000  %    222,736.09
A-13  760947YN5    16,215,000.00    16,135,085.48     6.100000  %     61,066.18
A-14  760947YP0             0.00             0.00     2.900000  %          0.00
A-15  760947YQ8     5,800,000.00     5,800,000.00     7.500000  %          0.00
A-16  760947YR6    11,615,000.00    11,615,000.00     7.500000  %          0.00
A-17  760947YS4     2,430,000.00     2,430,000.00     7.500000  %          0.00
A-18  760947YT2     9,649,848.10     9,639,024.31     0.000000  %     13,467.36
R-I   760947YU9           100.00             0.00     7.500000  %          0.00
R-II  760947YV7           100.00             0.00     7.500000  %          0.00
M-1   760947YW5    11,024,900.00    11,016,100.78     7.500000  %      8,880.13
M-2   760947YX3     3,675,000.00     3,672,066.90     7.500000  %      2,960.07
M-3   760947YY1     1,837,500.00     1,836,033.45     7.500000  %      1,480.03
B-1                 2,756,200.00     2,754,000.21     7.500000  %      2,220.01
B-2                 1,286,200.00     1,285,173.45     7.500000  %      1,035.98
B-3                 1,470,031.75     1,468,858.49     7.500000  %      1,184.08
SPRE                        0.00             0.00     0.211096  %          0.00

- -------------------------------------------------------------------------------
                  367,497,079.85   366,312,952.05                    920,767.50
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       196,798.30    340,366.76             0.00         0.00  31,349,411.05
A-2       653,156.11  1,048,740.26             0.00         0.00 104,126,819.93
A-3        16,000.00     16,000.00             0.00         0.00   2,560,000.00
A-4       209,670.91    236,718.08             0.00         0.00  33,525,892.08
A-5        44,330.00     44,330.00             0.00         0.00   6,864,000.00
A-6         7,680.00      7,680.00             0.00         0.00   1,536,000.00
A-7       169,865.03    169,865.03             0.00         0.00  27,457,512.00
A-8        81,248.95     81,248.95             0.00         0.00  13,002,000.00
A-9        19,687.50     19,687.50             0.00         0.00   3,150,000.00
A-10       32,656.25     32,656.25             0.00         0.00   5,225,000.00
A-11       69,633.66    109,171.45             0.00         0.00  10,407,252.91
A-12      343,246.00    565,982.09             0.00         0.00  58,629,247.35
A-13       82,006.35    143,072.53             0.00         0.00  16,074,019.30
A-14       38,986.62     38,986.62             0.00         0.00           0.00
A-15       36,250.00     36,250.00             0.00         0.00   5,800,000.00
A-16       72,593.75     72,593.75             0.00         0.00  11,615,000.00
A-17       15,184.97     15,184.97             0.00         0.00   2,430,000.00
A-18            0.00     13,467.36             0.00         0.00   9,625,556.95
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        68,839.15     77,719.28             0.00         0.00  11,007,220.65
M-2        22,946.59     25,906.66             0.00         0.00   3,669,106.83
M-3        11,473.30     12,953.33             0.00         0.00   1,834,553.42
B-1        17,209.63     19,429.64             0.00         0.00   2,751,780.20
B-2         8,030.99      9,066.97             0.00         0.00   1,284,137.47
B-3         9,178.84     10,362.92             0.00         0.00   1,467,674.41
SPRED      64,428.71     64,428.71             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,291,101.61  3,211,869.11             0.00         0.00 365,392,184.55
===============================================================================



























Run:        07/30/96     13:55:28
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S14 (POOL # 4208)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4208 
________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    994.069559   4.531710     6.211899    10.743609   0.000000    989.537849
A-2    995.071568   3.766030     6.218160     9.984190   0.000000    991.305538
A-3   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-4    999.201877   0.805461     6.243971     7.049432   0.000000    998.396416
A-5   1000.000000   0.000000     6.458333     6.458333   0.000000   1000.000000
A-6   1000.000000   0.000000     5.000000     5.000000   0.000000   1000.000000
A-7   1000.000000   0.000000     6.186468     6.186468   0.000000   1000.000000
A-8   1000.000000   0.000000     6.248958     6.248958   0.000000   1000.000000
A-9   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-10  1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-11   995.071568   3.766030     6.632704    10.398734   0.000000    991.305538
A-12   995.071568   3.766030     5.803616     9.569646   0.000000    991.305538
A-13   995.071568   3.766030     5.057438     8.823468   0.000000    991.305538
A-15  1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-16  1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-17  1000.000000   0.000000     6.248959     6.248959   0.000000   1000.000000
A-18   998.878346   1.395603     0.000000     1.395603   0.000000    997.482743
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    999.201878   0.805461     6.243970     7.049431   0.000000    998.396416
M-2    999.201878   0.805461     6.243970     7.049431   0.000000    998.396416
M-3    999.201878   0.805459     6.243973     7.049432   0.000000    998.396419
B-1    999.201876   0.805460     6.243970     7.049430   0.000000    998.396415
B-2    999.201874   0.805458     6.243967     7.049425   0.000000    998.396416
B-3    999.201881   0.805459     6.243974     7.049433   0.000000    998.396402

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:55:31                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S14 (POOL # 4208)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4208 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       76,205.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,272.08

SUBSERVICER ADVANCES THIS MONTH                                       10,298.71
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,425,012.80

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     365,392,184.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,425

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      624,516.95

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.82286410 %     4.63285900 %    1.54427660 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.81210290 %     4.51867380 %    1.54696690 %

      BANKRUPTCY AMOUNT AVAILABLE                         111,281.00
      FRAUD AMOUNT AVAILABLE                            7,349,942.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,674,971.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.84182349
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              342.83

POOL TRADING FACTOR:                                                99.42723482


 ................................................................................


Run:        07/30/96     13:55:37                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S15 (POOL # 4213)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4213 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947ZT1    37,528,000.00    37,528,000.00     7.750000  %  1,118,246.68
A-2   760947ZU8   108,005,000.00   108,005,000.00     7.500000  %    859,617.31
A-3   760947ZV6    22,739,000.00    22,739,000.00     6.037500  %    171,923.46
A-4   760947ZW4             0.00             0.00     2.962500  %          0.00
A-5   760947ZX2    25,743,000.00    25,743,000.00     8.500000  %          0.00
A-6   760947ZY0    77,229,000.00    77,229,000.00     7.500000  %          0.00
A-7   760947ZZ7     2,005,000.00     2,005,000.00     7.750000  %     13,092.64
A-8   760947A27     4,558,000.00     4,558,000.00     7.750000  %     25,858.96
A-9   760947A35     5,200,000.00     5,200,000.00     8.000000  %          0.00
A-10  760947A43     5,004,000.00     5,004,000.00     7.625000  %          0.00
A-11  760947A50    11,334,000.00    11,334,000.00     7.750000  %          0.00
A-12  760947A68     5,667,000.00     5,667,000.00     7.000000  %          0.00
A-13  760947A76    15,379,000.00    15,379,000.00     7.500000  %          0.00
A-14  760947A84     9,617,000.00     9,617,000.00     8.000000  %          0.00
A-15  760947A92    14,375,000.00    14,375,000.00     8.000000  %          0.00
A-16  760947B26    45,450,000.00    45,450,000.00     7.750000  %          0.00
A-17  760947B34    10,301,000.00    10,301,000.00     7.750000  %     53,148.98
A-18  760947B42    12,069,000.00    12,069,000.00     7.750000  %          0.00
A-19  760947B59     8,230,000.00     8,230,000.00     7.750000  %          0.00
A-20  760947B67    41,182,000.00    41,182,000.00     7.750000  %     26,770.55
A-21  760947B75    10,625,000.00    10,625,000.00     7.750000  %      6,906.83
A-22  760947B83     5,391,778.36     5,391,778.36     0.000000  %     40,655.61
R-I   760947B91           100.00           100.00     7.750000  %        100.00
R-II  760947C25           100.00           100.00     7.750000  %        100.00
M-1   760947C33    10,108,600.00    10,108,600.00     7.750000  %      6,571.14
M-2   760947C41     6,317,900.00     6,317,900.00     7.750000  %      4,106.98
M-3   760947C58     5,559,700.00     5,559,700.00     7.750000  %      3,614.11
B-1                 2,527,200.00     2,527,200.00     7.750000  %      1,642.82
B-2                 1,263,600.00     1,263,600.00     7.750000  %        821.41
B-3                 2,022,128.94     2,022,128.94     7.750000  %      1,314.48
SPRE                        0.00             0.00     0.341709  %          0.00

- -------------------------------------------------------------------------------
                  505,431,107.30   505,431,107.30                  2,334,491.96
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       242,354.21  1,360,600.89             0.00         0.00  36,409,753.32
A-2       674,991.92  1,534,609.23             0.00         0.00 107,145,382.69
A-3       114,398.92    286,322.38             0.00         0.00  22,567,076.54
A-4        56,133.64     56,133.64             0.00         0.00           0.00
A-5       182,335.63    182,335.63             0.00         0.00  25,743,000.00
A-6       482,653.13    482,653.13             0.00         0.00  77,229,000.00
A-7        12,948.21     26,040.85             0.00         0.00   1,991,907.36
A-8        29,435.36     55,294.32             0.00         0.00   4,532,141.04
A-9        34,664.65     34,664.65             0.00         0.00   5,200,000.00
A-10       31,796.25     31,796.25             0.00         0.00   5,004,000.00
A-11       73,198.75     73,198.75             0.00         0.00  11,334,000.00
A-12       33,055.57     33,055.57             0.00         0.00   5,667,000.00
A-13       96,113.15     96,113.15             0.00         0.00  15,379,000.00
A-14       64,109.59     64,109.59             0.00         0.00   9,617,000.00
A-15       95,827.75     95,827.75             0.00         0.00  14,375,000.00
A-16      293,514.15    293,514.15             0.00         0.00  45,450,000.00
A-17       66,523.41    119,672.39             0.00         0.00  10,247,851.02
A-18       77,941.09     77,941.09             0.00         0.00  12,069,000.00
A-19            0.00          0.00        53,148.98         0.00   8,283,148.98
A-20      265,951.58    292,722.13             0.00         0.00  41,155,229.45
A-21       68,615.79     75,522.62             0.00         0.00  10,618,093.17
A-22            0.00     40,655.61             0.00         0.00   5,351,122.75
R-I             0.65        100.65             0.00         0.00           0.00
R-II            0.65        100.65             0.00         0.00           0.00
M-1        65,280.91     71,852.05             0.00         0.00  10,102,028.86
M-2        40,800.72     44,907.70             0.00         0.00   6,313,793.02
M-3        35,904.31     39,518.42             0.00         0.00   5,556,085.89
B-1        16,320.55     17,963.37             0.00         0.00   2,525,557.18
B-2         8,160.27      8,981.68             0.00         0.00   1,262,778.59
B-3        13,058.82     14,373.30             0.00         0.00   2,020,814.46
SPRED     143,916.91    143,916.91             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,320,006.54  5,654,498.50        53,148.98         0.00 503,149,764.32
===============================================================================



















Run:        07/30/96     13:55:37
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S15 (POOL # 4213)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4213 
_______________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1   1000.000000  29.797663     6.457957    36.255620   0.000000    970.202338
A-2   1000.000000   7.959051     6.249636    14.208687   0.000000    992.040949
A-3   1000.000000   7.560731     5.030957    12.591688   0.000000    992.439269
A-5   1000.000000   0.000000     7.082921     7.082921   0.000000   1000.000000
A-6   1000.000000   0.000000     6.249636     6.249636   0.000000   1000.000000
A-7   1000.000000   6.529995     6.457960    12.987955   0.000000    993.470005
A-8   1000.000000   5.673313     6.457955    12.131268   0.000000    994.326687
A-9   1000.000000   0.000000     6.666279     6.666279   0.000000   1000.000000
A-10  1000.000000   0.000000     6.354167     6.354167   0.000000   1000.000000
A-11  1000.000000   0.000000     6.458333     6.458333   0.000000   1000.000000
A-12  1000.000000   0.000000     5.832993     5.832993   0.000000   1000.000000
A-13  1000.000000   0.000000     6.249636     6.249636   0.000000   1000.000000
A-14  1000.000000   0.000000     6.666277     6.666277   0.000000   1000.000000
A-15  1000.000000   0.000000     6.666278     6.666278   0.000000   1000.000000
A-16  1000.000000   0.000000     6.457957     6.457957   0.000000   1000.000000
A-17  1000.000000   5.159594     6.457957    11.617551   0.000000    994.840406
A-18  1000.000000   0.000000     6.457958     6.457958   0.000000   1000.000000
A-19  1000.000000   0.000000     0.000000     0.000000   6.457956   1006.457956
A-20  1000.000000   0.650055     6.457957     7.108012   0.000000    999.349945
A-21  1000.000000   0.650055     6.457957     7.108012   0.000000    999.349945
A-22  1000.000000   7.540297     0.000000     7.540297   0.000000    992.459703
R-I   1000.000000 1000.00000     6.500000  1006.500000   0.000000      0.000000
R-II  1000.000000 1000.00000     6.500000  1006.500000   0.000000      0.000000
M-1   1000.000000   0.650054     6.457958     7.108012   0.000000    999.349946
M-2   1000.000000   0.650055     6.457956     7.108011   0.000000    999.349945
M-3   1000.000000   0.650055     6.457958     7.108013   0.000000    999.349945
B-1   1000.000000   0.650055     6.457957     7.108012   0.000000    999.349945
B-2   1000.000000   0.650055     6.457953     7.108008   0.000000    999.349945
B-3   1000.000000   0.650053     6.457956     7.108009   0.000000    999.349952

_______________________________________________________________________________


DETERMINATION DATE       22-July-96     
DISTRIBUTION DATE        25-July-96     

Run:     07/30/96     13:55:39                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S15 (POOL # 4213)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4213 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      105,263.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,685.56

SUBSERVICER ADVANCES THIS MONTH                                       17,554.25
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   2,374,112.88

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     503,149,764.32

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,826

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,952,071.89

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.44061150 %     4.39689400 %    1.16249430 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.41921780 %     4.36687232 %    1.16696790 %

      BANKRUPTCY AMOUNT AVAILABLE                         180,309.00
      FRAUD AMOUNT AVAILABLE                           10,108,622.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   6,547,191.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.29610003
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              355.52

POOL TRADING FACTOR:                                                99.54863424

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