RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 1997-08-13
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, 1997


       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
           (Commission File Number)

  Delaware           333-4846            75-2006294
(State or other                       (I.R.S Employee
jurisdiction of                       Identification No.)
incorporation)

8400 Normandale Lake Boulevard                 55437
Minneapolis, Minnesota                       (Zip Code)
(Address of Principal
 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 1997 distribution to
holders of the following series of Conduit Mortgage
Pass-Through Certificates.

Master Serviced by GMACM Pennsylvania

Series 1986-1
Series 1986-4

Master Serviced by Residential Funding Corporation


1986-12     RFM1
1986-15     RFM1
1987-1      RFM1
1987-3      RFM1
1987-4      RFM1
1987-S2     RFM1
1987-6      RFM1
1987-S5     RFM1
1987-S7     RFM1
1987-SA1    RFM1
1988-3A     RFM1
1988-3B     RFM1
1988-3C     RFM1
1988-4B     RFM1
1989-2      RFM1
1989-3A     RFM1
1989-3B     RFM1
1989-3C     RFM1
1989-SW1A   RFM1
1989-SW1B   RFM1
1989-S1     RFM1
1989-S2     RFM1
1989-SW2    RFM1
1989-4A     RFM1
1989-4B     RFM1
1989-S4     RFM1
1989-5A     RFM1
1989-5B     RFM1
1989-7      RFM1
1990-S1     RFM1
1990-2      RFM1
1990-3A     RFM1
1990-3B     RFM1
1990-3C     RFM1
1990-5      RFM1
1990-6      RFM1
1990-8      RFM1
1990-S14    RFM1
1990-R16    RFM1
1991-4      RFM1
1991-R9     RFM1
1991-S11    RFM1
1991-R13    RFM1
1991-R14    RFM1
1991-20     RFM1
1991-21A    RFM1
1991-21B    RFM1
1991-21C    RFM1
1991-25A    RFM1
1991-25B    RFM1
1991-S30    RFM1
1992-S1     RFM1
1992-S2     RFM1
1992-S3     RFM1
1992-S4     RFM1
1992-S5     RFM1
1992-S6     RFM1
1992-S7     RFM1
1992-S8     RFM1
1992-S9     RFM1
1992-S10    RFM1
1992-S11    RFM1
1992-S12    RFM1
1992-13     RFM1
1992-S14    RFM1
1992-S15    RFM1
1992-S16    RFM1
1992-17A    RFM1
1992-17B    RFM1
1992-17C    RFM1
1992-S18    RFM1
1992-S19    RFM1
1992-S20    RFM1
1992-S21    RFM1
1992-S23    RFM1
1992-S22    RFM1
1992-S25    RFM1
1992-S26    RFM1
1992-S27    RFM1
1992-S28    RFM1
1992-S29    RFM1
1992-S31    RFM1
1992-S32    RFM1
1992-S33    RFM1
1992-S34    RFM1
1992-S35    RFM1
1992-S36    RFM1
1992-S37    RFM1
1992-S38    RFM1
1992-S39    RFM1
1992-S40    RFM1
1992-S41    RFM1
1992-S42    RFM1
1992-S43    RFM1
1992-S44    RFM1
1993-S1     RFM1
1993-S2     RFM1
1993-S3     RFM1
1993-S4     RFM1
1993-S5     RFM1
1993-S6     RFM1
1993-S7     RFM1
1993-S8     RFM1
1993-S9     RFM1
1993-S10    RFM1
1993-S11    RFM1
1993-S12    RFM1
1993-S13    RFM1
1993-MZ1    RFM1
1987-S1     RFM1
1989-4C     RFM1
1989-4D     RFM1
1989-4E     RFM1
1993-S14    RFM1
1993-S15    RFM1
1993-19     RFM1
1993-S16    RFM1
1993-S17    RFM1
1993-S18    RFM1
1993-MZ2    RFM1
1993-S20    RFM1
1993-S21    RFM1
1993-S22    RFM1
1993-S23    RFM1
1993-S27    RFM1
1993-S24    RFM1
1993-S25    RFM1
1993-S26    RFM1
1993-S28    RFM1
1993-S29    RFM1
1993-S30    RFM1
1993-S33    RFM1
1993-MZ3    RFM1
1993-S31    RFM1
1993-S32    RFM1
1993-S34    RFM1
1993-S38    RFM1
1993-S41    RFM1
1993-S35    RFM1
1993-S36    RFM1
1993-S37    RFM1
1993-S39    RFM1
1993-S42    RFM1
1993-S40    RFM1
1993-S43    RFM1
1993-S44    RFM1
1993-S46    RFM1
1993-S45    RFM1
1993-S47    RFM1
1993-S48    RFM1
1993-S49    RFM1
1994-S1     RFM1
1994-S2     RFM1
1994-S3     RFM1
1994-S5     RFM1
1994-S6     RFM1
1994-RS4    RFM1
1994-S7     RFM1
1994-S8     RFM1
1994-S9     RFM1
1994-S10    RFM1
1994-S11    RFM1
1994-S12    RFM1
1994-S13    RFM1
1994-S14    RFM1
1994-S15    RFM1
1994-S16    RFM1
1994-MZ1    RFM1
1994-S17    RFM1
1994-S18    RFM1
1994-S19    RFM1
1994-S20    RFM1
1995-S1     RFM1
1995-S2     RFM1
1995-S3     RFM1
1995-S4     RFM1
1995-S6     RFM1
1995-S7     RFM1
1995-S8     RFM1
1995-R5     RFM1
1995-S9     RFM1
1995-S10    RFM1
1995-S11    RFM1
1995-S12    RFM1
1995-S13    RFM1
1995-S14    RFM1
1995-S15    RFM1
1995-S16    RFM1
1995-S17    RFM1
1995-S18    RFM1
1995-S19    RFM1
1995-S21    RFM1
1996-S3     RFM1
1996-S1     RFM1
1996-S2     RFM1
1996-S4     RFM1
1996-S5     RFM1
1996-S6     RFM1
1996-S7     RFM1
1996-S8     RFM1
1996-S9     RFM1
1996-S11    RFM1
1996-S12    RFM1
1996-S10    RFM1
1996-S13    RFM1
1996-S14    RFM1
1996-S15    RFM1
1996-S16    RFM1
1996-S17    RFM1
1996-S18    RFM1
1996-S19    RFM1
1996-S20    RFM1
1996-S21    RFM1
1996-S22    RFM1
1996-S23    RFM1
1995-R20    RFM1
1996-S24    RFM1
1996-S25    RFM1
1997-S1     RFM1
1997-S2     RFM1
1997-S3     RFM1
1997-S4     RFM1
1997-S5     RFM1
1997-S6     RFM1
1997-S7     RFM1
1997-S8     RFM1
1997-QPCR1  RFM1
 
 
Item 7.  Financial Statements and Exhibits
(a)  See attached monthly reports




                         SIGNATURES

Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this
report to be signed onits 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, 1997

                          GMAC MORTGAGE CORPORATION
                          100WITMER ROAD, P.O.BOX 963
                          HORHSAM, PA 19044-0963
                 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:     07/01/97
        GROSS INTEREST RATE:  12.22521
          NET INTEREST RATE:  10.000000
        TOTAL NUMBER OF LOANS:       9
REPORT DATE: 07/25/97


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

GROSS INTEREST                             14,419.87    14,419.87    14,419.87
    LESS SERVICE FEE                        2,625.21     2,625.21     2,625.21
NET INTEREST                               11,794.66    11,794.66    11,794.66
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                       1,780.30     1,780.30     1,780.30
  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                   13,574.96    13,574.96    13,574.96


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE         1,415,423.07 1,415,423.07 1,415,423.07
    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      1,415,423.07 1,415,423.07 1,415,423.07
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                    1,780.30     1,780.30     1,780.30
  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              1,780.30     1,780.30     1,780.30
ENDING PRINCIPAL BALANCE                1,413,642.77 1,413,642.77 1,413,642.77


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              1
  PRINCIPAL                      162.27         0.00         0.00         0.00
  INTEREST                                  1,227.90     1,227.90     1,227.90
60-89 DAYS              0
  PRINCIPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
OVER 90 DAYS            0
  PRINCIPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
FORECLOSURE             1
  PRINCIPAL                   11,058.18         0.00         0.00         0.00
  INTEREST                                123,449.82   123,449.82   123,449.82
REO                     0
  PRINICPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
        TOTAL           2     11,220.45   124,677.72   124,677.72   124,677.72


***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 (215-682-1909)
- -------------------------------------------------------------------------------
<PAGE>

                          GMAC MORTGAGE CORPORATION
                          100 WITMER ROAD, P.O.BOX 963
                          HORSHAM, PA 19044-0963
                 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:     07/01/97
        GROSS INTEREST RATE:  12.40476
          NET INTEREST RATE:  10.25
        TOTAL NUMBER OF LOANS:       6
REPORT DATE: 07/25/97


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

GROSS INTEREST                              6,006.51     6,006.51     6,006.51
    LESS SERVICE FEE                        1,043.35     1,043.35     1,043.35
NET INTEREST                                4,963.16     4,963.16     4,963.16
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                         740.49       740.49       740.49
  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                    5,703.65     5,703.65     5,703.65


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE           581,052.43   581,052.43   581,052.43
    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        581,052.43   581,052.43   581,052.43
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                      740.49       740.49       740.49
  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                740.49       740.49       740.49
ENDING PRINCIPAL BALANCE                  580,311.94   580,311.94   580,311.94


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              0
  PRINCIPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
60-89 DAYS              0
  PRINCIPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
OVER 90 DAYS            1
  PRINCIPAL                    1,966.02         0.00         0.00         0.00
  INTEREST                                 29,096.38    29,096.38    29,096.38
FORECLOSURE             0
  PRINCIPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
REO                     0
  PRINICPAL                        0.00         0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
        TOTAL           1      1,966.02    29,096.38    29,096.38    29,096.38


***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 (215-682-1909)
- -------------------------------------------------------------------------------



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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        358,192.69      8.0000           665.70  
STRIP                      0.00              0.00      1.4364             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  51,185,471.15        358,192.69                       665.70  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            2,387.95          0.00         3,053.65        0.00       357,526.99
STRIP         428.75          0.00           428.75        0.00             0.00
                                                                                
            2,816.70          0.00         3,482.40        0.00       357,526.99
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
        6.997937   0.013006     0.046653      0.000000      0.059659    6.984931
STRIP   0.000000   0.000000     0.008376      0.000000      0.008376    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
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                    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                       74.62 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   134.32 
                                                                                
    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                                                     357,526.99 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                           357,849.52 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                   2      
                                                                                
    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              565.70 
                                                                                
       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                        10.1363% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.006984931 

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

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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      1,109,395.07      8.0000         1,937.47  
STRIP                      0.00              0.00      1.5597             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  50,250,749.71      1,109,395.07                     1,937.47  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            7,395.97          0.00         9,333.44        0.00     1,107,457.60
STRIP       1,441.97          0.00         1,441.97        0.00             0.00
                                                                                
            8,837.94          0.00        10,775.41        0.00     1,107,457.60
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       22.077184   0.038556     0.147181      0.000000      0.185737   22.038628
STRIP   0.000000   0.000000     0.028695      0.000000      0.028695    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                      324.83 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   402.16 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,910.20 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    137,659.16 
      (B)  TWO MONTHLY PAYMENTS:                                1    165,093.76 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    128,359.06 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   1,107,457.60 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         1,110,623.30 
                                                                                
    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            1,937.47 
                                                                                
       MORTGAGE POOL INSURANCE                             2,914,650.07         
       SPECIAL HAZARD LOSS COVERAGE                          718,071.50         
       BANKRUPTCY BOND                                             0.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.3461% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.022038628 

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

Run:        07/30/97     17:00:04                                    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      4,352,225.19      8.5000        75,351.04  
STRIP                      0.00              0.00      0.9106             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  96,428,600.14      4,352,225.19                    75,351.04  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           30,582.08          0.00       105,933.12        0.00     4,276,874.15
STRIP       3,288.75          0.00         3,288.75        0.00             0.00
                                                                                
           33,870.83          0.00       109,221.87        0.00     4,276,874.15
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       45.134174   0.781418     0.317147      0.000000      1.098565   44.352756
STRIP   0.000000   0.000000     0.034106      0.000000      0.034106    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    1,973.10 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,421.17 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,318.29 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    310,704.77 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    140,667.05 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,276,874.15 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         4,289,268.04 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  31      
                                                                                
    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                       68,569.30 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     425.53 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            6,356.21 
                                                                                
       MORTGAGE POOL INSURANCE                             5,259,137.89         
       SPECIAL HAZARD LOSS COVERAGE                          975,802.16         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.3543% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.044352756 

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

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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      2,096,971.40      6.5000         3,385.11  
STRIP                      0.00              0.00      2.8919             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  99,525,248.34      2,096,971.40                     3,385.11  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           11,358.60          0.00        14,743.71        0.00     2,093,586.29
STRIP       5,053.61          0.00         5,053.61        0.00             0.00
                                                                                
           16,412.21          0.00        19,797.32        0.00     2,093,586.29
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       21.069743   0.034013     0.114128      0.000000      0.148141   21.035730
STRIP   0.000000   0.000000     0.050777      0.000000      0.050777    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                      757.99 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   674.00 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,500.04 
    MASTER SERVICER ADVANCES THIS MONTH                                1,447.89 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    395,579.04 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    176,138.97 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,093,586.29 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         1,950,669.33 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  11      
                                                                                
    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             147,796.06 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     109.92 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,275.19 
                                                                                
       MORTGAGE POOL INSURANCE                             7,415,287.39         
       SPECIAL HAZARD LOSS COVERAGE                          976,420.16         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.2565% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.021035730 

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

Run:        07/30/97     17:00:04                                    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      5,314,509.90      7.0000        15,222.92  
STRIP                      0.00              0.00      1.9466             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 106,883,729.60      5,314,509.90                    15,222.92  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           31,001.31          0.00        46,224.23        0.00     5,299,286.98
STRIP       8,620.94          0.00         8,620.94        0.00             0.00
                                                                                
           39,622.25          0.00        54,845.17        0.00     5,299,286.98
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       49.722347   0.142425     0.290047      0.000000      0.432472   49.579922
STRIP   0.000000   0.000000     0.080657      0.000000      0.080657    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    2,242.34 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,837.93 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,838.85 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    738,964.71 
      (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                                                   5,299,286.98 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,308,240.01 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  31      
                                                                                
    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                   5,227.11 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            9,995.81 
                                                                                
       MORTGAGE POOL INSURANCE                             6,565,698.13         
       SPECIAL HAZARD LOSS COVERAGE                          973,390.58         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.8679% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.049579922 

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

SEC REPORT
DISTRIBUTION DATE:           07/25/97
MONTHLY Cutoff:                Jun-97
DETERMINATION DATE:          07/21/97
RUN TIME/DATE:               07/15/97       04:15 PM

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            9,122.55    3,468.11

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 1,554.92
Total Principal Prepayments                    23.17
Principal Payoffs-In-Full                       0.00
Principal Curtailments                         23.17
Principal Liquidations                          0.00
Scheduled Principal Due                     1,531.75

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  7,567.63    3,468.11
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       1,068,371.32
Current Period ENDING Prin Bal          1,066,816.40
Change in Principal Balance                 1,554.92

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.013183
Interest Distributed                        0.064158
Total Distribution                          0.077341
Total Principal Prepayments                 0.000196
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                 9.057638
ENDING Principal Balance                    9.044455

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.500000%   1.507098%
Subordinated Unpaid Amounts
Period Ending Class Percentages            38.689185%
Prepayment Percentages                     38.689185%
Trading Factors                             0.904446%
Certificate Denominations                      1,000
Sub-Servicer Fees                             378.74
Master Servicer Fees                          133.55
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Principal and Interest Distr           10,615.36       30.24      23,236.26

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 1,885.54                   3,440.46
Total Principal Prepayments                    36.71                      59.88
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                         36.71                      59.88
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,427.37                   3,959.12

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  8,729.82       30.24      19,795.80
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       1,693,049.80               2,761,421.12
Current Period ENDING Prin Bal          1,690,585.72               2,757,402.12
Change in Principal Balance                 2,464.08                   4,019.00

PER CERTIFICATE DATA BY CLASS
Principal Distributed                      53.094973
Interest Distributed                      245.823241
Total Distribution                        298.918213
Total Principal Prepayments                 1.033718
Current Period Interest Shortfall
BEGINNING Principal Balance               190.698543
ENDING Principal Balance                  190.420999

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.380000%   0.120000%
Subordinated Unpaid Amounts               593,280.72    3,324.70     596,605.42
Period Ending Class Percentages            61.310815%
Prepayment Percentages                     61.310815%
Trading Factors                            19.042100%                  2.174081%
Certificate Denominations                    250,000
Sub-Servicer Fees                             600.20                     978.94
Master Servicer Fees                          211.63                     345.18
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         468,284.26           1
Tot Unpaid Principal on Delinq Loans      468,284.26           1
Loans in Foreclosure, INCL in Delinq      468,284.26           1
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments           21.6274%
Loans in Pool                                     17
Current Period Sub-Servicer Fee               978.94
Current Period Master Servicer Fee            345.18
Aggregate REO Losses                     (509,401.82)
 ................................................................................

Run:        07/30/97     17:00:04                                    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      5,735,872.02      8.5000       147,995.95  
STRIP                      0.00              0.00      0.3298             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 126,773,722.44      5,735,872.02                   147,995.95  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           40,372.08          0.00       188,368.03        0.00     5,587,876.07
STRIP       1,557.04          0.00         1,557.04        0.00             0.00
                                                                                
           41,929.12          0.00       189,925.07        0.00     5,587,876.07
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       45.244960   1.167402     0.318458      0.000000      1.485860   44.077558
STRIP   0.000000   0.000000     0.012282      0.000000      0.012282    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    2,528.83 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,077.50 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                      928.31 
    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    103,470.13 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,587,876.07 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,598,359.66 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  32      
                                                                                
    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                      131,124.62 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   6,732.04 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           10,139.29 
                                                                                
       MORTGAGE POOL INSURANCE                             7,927,816.44         
       SPECIAL HAZARD LOSS COVERAGE                        1,165,417.74         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.7942% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.044077558 

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

SEC REPORT
DISTRIBUTION DATE:           07/25/97
MONTHLY Cutoff:                Jun-97
DETERMINATION DATE:          07/21/97
RUN TIME/DATE:               07/15/97       04:21 PM

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      116,779.06    1,245.00

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               103,045.83
Total Principal Prepayments                77,367.38
Principal Payoffs-In-Full                  71,637.64
Principal Curtailments                      5,729.74
Principal Liquidations                          0.00
Scheduled Principal Due                    25,678.45

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 13,733.23    1,245.00
Prepayment Interest Shortfall                 110.20        1.67
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  1,898,527.01
Current Period ENDING Princ Balance     1,795,481.18
Change in Principal Balance               103,045.83

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       1.429908
Interest Distributed                        0.190568
Total Distribution                          1.620476
Total Principal Prepayments                 1.073583
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                26.344770
ENDING Principal Balance                   24.914862

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.750000%   0.592606%
Subordinated Unpaid Amounts
Period Ending Class Percentages            75.306472%
Prepayment Percentages                     75.306472%
Trading Factors                             2.491486%
Certificate Denominations                      1,000
Sub-Servicer Fees                             521.14
Master Servicer Fees                          235.42
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       35,416.62       49.27     153,489.95

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                31,974.46                 135,020.29
Total Principal Prepayments                25,369.31                 102,736.69
Principal Payoffs-In-Full                  23,490.49                  95,128.13
Principal Curtailments                      1,878.82                   7,608.56
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     8,420.15                  34,098.60

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  3,442.16       49.27      18,469.66
Prepayment Interest Shortfall                  35.88        0.25         148.00
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    622,540.53               2,521,067.54
Current Period ENDING Princ Balance       588,751.07               2,384,232.25
Change in Principal Balance                33,789.46                 136,835.29

PER CERTIFICATE DATA BY CLASS
Principal Distributed                   2,354.028487
Interest Distributed                      253.419220
Total Distribution                      2,607.447707
Total Principal Prepayments             1,867.743144
Current Period Interest Shortfall
BEGINNING Principal Balance               183.331089
ENDING Principal Balance                  173.380478

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.690000%   0.060000%
Subordinated Unpaid Amounts               118,053.67      164.21     118,217.88
Period Ending Class Percentages            24.693528%
Prepayment Percentages                     24.693528%
Trading Factors                            17.338048%                  3.159581%
Certificate Denominations                    250,000
Sub-Servicer Fees                             170.88                     692.02
Master Servicer Fees                           77.20                     312.62
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             588,751.07

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         148,013.98           2
Tot Unpaid Princ on Delinquent Loans      148,013.98           2
Loans in Foreclosure, INCL in Delinq      148,013.98           2
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Average Delinq 2+ Pmts             10.2886%

Loans in Pool                                     35
Curr Period Sub-Servicer Fee                  692.02
Curr Period Master Servicer Fee               312.62

Aggregate REO Losses                     (105,184.39)
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/97
MONTHLY Cutoff:                Jun-97
DETERMINATION DATE:          07/21/97
RUN TIME/DATE:               07/15/97       04:32 PM

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       27,580.03      696.31

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 7,868.08
Total Principal Prepayments                 3,570.26
Principal Payoffs-In-Full                       0.00
Principal Curtailments                      3,570.26
Principal Liquidations                          0.00
Scheduled Principal Due                     4,297.82

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 19,711.95      696.31
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         95,187,665.32
Curr Period BEGINNING Princ Balance     2,628,259.44
Curr Period ENDING Princ Balance        2,620,391.36
Change in Principal Balance                 7,868.08

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.082659
Interest Distributed                        0.207085
Total Distribution                          0.289744
Total Principal Prepayments                 0.037508
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                27.611345
ENDING Principal Balance                   27.528686

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               9.000000%   0.209900%
Subordinated Unpaid Amounts
Period Ending Class Percentages            66.023163%
Prepayment Percentages                     66.023163%
Trading Factors                             2.752869%
Certificate Denominations                      1,000
Sub-Servicer Fees                             671.38
Master Servicer Fees                          273.78
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       14,184.61        8.62      42,469.57

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 4,049.07                  11,917.15
Total Principal Prepayments                 1,837.33                   5,407.59
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                      1,837.33                   5,407.59
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,211.74                   6,509.56

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 10,135.54        8.62      30,552.42
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          5,807,205.05             100,994,870.37
Curr Period BEGINNING Princ Balance     1,352,554.75               3,980,814.19
Curr Period ENDING Princ Balance        1,348,505.68               3,968,897.04
Change in Principal Balance                 4,049.07                  11,917.15


PER CERTIFICATE DATA BY CLASS
Principal Distributed                     174.312340
Interest Distributed                      436.334687
Total Distribution                        610.647027
Total Principal Prepayments                79.097000
Current Period Interest Shortfall
BEGINNING Principal Balance               232.909763
ENDING Principal Balance                  232.212513

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.980000%   0.020000%
Subordinated Unpaid Amounts               372,359.09      347.77     372,706.86
Period Ending Class Percentages            33.976837%
Prepayment Percentages                     33.976837%
Trading Factors                            23.221251%                  3.929801%
Certificate Denominations                    250,000
Sub-Servicer Fees                             345.51                   1,016.89
Master Servicer Fees                          140.89                     414.67
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              187,733.65           2
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments               0.00           0
Total Unpaid Principal on Delinq Loans    187,733.65           2
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           4.6298%

Loans in Pool                                     29
Current Period Sub-Servicer Fee             1,016.89
Current Period Master Servicer Fee            414.67

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

CONDUIT SENIOR MORTGAGE PASS-THROUGH CERTIFICATES                   16-Jul-97
1987-SA1, CLASS A, 7.74870172% PASS-THROUGH RATE (POOL 4009)         03:16 PM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: JULY 21, 1997
DISTRIBUTION  DATE: JULY 25, 1997
ORIGINAL POOL BALANCE:            $43,895,323.25

BEGINNING POOL BALANCE                                          $3,094,507.93
ENDING POOL BALANCE                                             $3,043,327.15
PRINCIPAL DISTRIBUTIONS                                            $51,180.78

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                  $44,130.20
     PARTIAL PRINCIPAL PREPAYMENTS                   $1,504.50
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 05/01                    $5,546.08
                                                    $51,180.78

INTEREST DUE ON BEG POOL BALANCE                    $19,982.02
PREPAYMENT INTEREST SHORTFALL                          ($43.25)
                                                                   $19,938.77

TOTAL DISTRIBUTION DUE THIS PERIOD                                 $71,119.55

UNPAID INTEREST SHORTFALL                                               $0.00
ADVANCE BY MASTER SERVICER                                              $0.00

RFC MANAGEMENT FEE                                                    $321.65

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               54.469071%

TOTAL PRINCIPAL PASS-THROUGH PER SINGLE CERTIFICATE              $1.165973416
TOTAL INTEREST PASS-THROUGH PER SINGLE CERTIFICATE               $0.454234495
TOTAL PRINCIPAL PREPAYMENT PASS-THROUGH PER SINGLE CERTIFICATE   $1.039625560

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,587,257.28

TRADING FACTOR                                                    0.069331467

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

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                      $64,944.09
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $295,124.43
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00

CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             16-Jul-97
1987-SA1, CLASS B, 7.71870172% PASS-THROUGH RATE (POOL 4009)         03:16 PM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: JULY 21, 1997
DISTRIBUTION  DATE: JULY 25, 1997
ORIGINAL POOL BALANCE:             $3,177,409.46

BEGINNING POOL BALANCE                                          $2,548,497.64
ENDING POOL BALANCE                                             $2,543,930.13
NET CHANGE TO PRINCIPAL BALANCE                                     $4,567.51

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 05/01                    $4,567.51
                                                                    $4,567.51

INTEREST DUE ON BEGINNING POOL BALANCE              $16,392.58
PREPAYMENT INTEREST SHORTFALL                          ($35.48)
LOSS ON LIQUIDATED MORTGAGE                              $0.00
                                                                   $16,357.10

TOTAL DISTRIBUTION DUE THIS PERIOD                                 $20,924.61

PRINCIPAL DISTRIBUTION PER SINGLE CERTIFICATE                         $359.37
INTEREST DISTRIBUTION PER SINGLE CERTIFICATE                        $1,286.98

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

RFC MANAGEMENT FEE                                                    $264.89

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               45.530929%

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,587,257.28

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

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                      $64,944.09
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $295,124.43
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00





CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             16-Jul-97
1987-SA1, CLASS C, 0.03% PASS-THROUGH RATE (POOL 4009)               03:16 PM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: JULY 21, 1997
DISTRIBUTION  DATE: JULY 25, 1997
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 05/01                        $0.00
                                                         $0.00
INTEREST DUE ON BEGINNING POOL BALANCE AFTER DEDUCTING
CURRENT MONTH CLASS C UNPAID INTEREST AMOUNT            $63.71
PREPAYMENT INTEREST SHORTFALL                           ($0.14)
LOSS ON LIQUIDATED MORTGAGE                              $0.00

TOTAL DISTRIBUTION DUE THIS PERIOD                                     $63.57

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         $5,587,257.28

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

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                      $64,944.09
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $295,124.43
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00















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

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                    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      3,618,363.14      7.6474       105,809.86  
                                                                                
- --------------------------------------------------------------------------------
                  25,441,326.74      3,618,363.14                   105,809.86  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           22,563.82          0.00       128,373.68        0.00     3,512,553.28
                                                                                
           22,563.82          0.00       128,373.68        0.00     3,512,553.28
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      142.223838   4.158976     0.886896      0.000000      5.045872  138.064863
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
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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                    1,100.31 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,083.10 
                                                                                
    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                                                   3,512,553.28 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         3,517,539.17 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  26      
                                                                                
    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                       89,913.77 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  10,543.90 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,352.19 
                                                                                
       LOC AMOUNT AVAILABLE                                1,786,561.39         
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,013,592.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4899% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7498% 
                                                                                
    POOL TRADING FACTOR                                             0.138064863 

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

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                    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      4,583,586.13      7.8083       209,674.38  
                                                                                
- --------------------------------------------------------------------------------
                  38,297,875.16      4,583,586.13                   209,674.38  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           29,694.37          0.00       239,368.75        0.00     4,373,911.75
                                                                                
           29,694.37          0.00       239,368.75        0.00     4,373,911.75
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      119.682518   5.474831     0.775353      0.000000      6.250184  114.207687
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    1,391.40 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   922.66 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,154.30 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1     76,868.34 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1     65,444.14 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,373,911.75 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         4,380,028.34 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  40      
                                                                                
    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                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       67,562.47 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     487.19 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             136,100.90 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,523.82 
                                                                                
       LOC AMOUNT AVAILABLE                                1,786,561.39         
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,013,592.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4911% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8520% 
                                                                                
    POOL TRADING FACTOR                                             0.114207687 

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

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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      7,994,913.05      6.7500        13,956.20  
                                                                                
- --------------------------------------------------------------------------------
                  69,360,201.61      7,994,913.05                    13,956.20  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           44,971.39          0.00        58,927.59        0.00     7,980,956.85
                                                                                
           44,971.39          0.00        58,927.59        0.00     7,980,956.85
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      115.266577   0.201213     0.648375      0.000000      0.849588  115.065364
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    2,775.31 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,627.23 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,727.27 
    MASTER SERVICER ADVANCES THIS MONTH                                1,336.53 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    318,599.13 
      (B)  TWO MONTHLY PAYMENTS:                                1    114,132.69 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    127,517.78 
      (D)  LOANS IN FORECLOSURE                                 1     47,084.41 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   7,980,956.85 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         7,810,253.35 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  59      
                                                                                
    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             183,917.92 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     977.85 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,978.35 
                                                                                
       LOC AMOUNT AVAILABLE                                1,786,561.39         
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,013,592.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4227% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7482% 
                                                                                
    POOL TRADING FACTOR                                             0.115065364 

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

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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        916,328.39      8.5000        11,964.52  
STRIP                      0.00              0.00      0.2368             0.00  
                                                                                
- --------------------------------------------------------------------------------
                   9,209,655.99        916,328.39                    11,964.52  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            6,490.66          0.00        18,455.18        0.00       904,363.87
STRIP         180.81          0.00           180.81        0.00             0.00
                                                                                
            6,671.47          0.00        18,635.99        0.00       904,363.87
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       99.496484   1.299128     0.704767      0.000000      2.003895   98.197356
STRIP   0.000000   0.000000     0.019633      0.000000      0.019633    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
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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                      190.90 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   167.99 
                                                                                
    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                                                     904,363.87 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                           914,425.02 
                                                                                
    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           11,964.52 
                                                                                
       LOC AMOUNT AVAILABLE                                1,606,222.01         
       BANKRUPTCY AMOUNT AVAILABLE                           696,851.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       344,782.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.2068% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.098197356 

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

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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     23,544,367.31      6.7318       386,154.94  
                                                                                
- --------------------------------------------------------------------------------
                 199,725,759.94     23,544,367.31                   386,154.94  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          130,831.86          0.00       516,986.80        0.00    23,158,212.37
                                                                                
          130,831.86          0.00       516,986.80        0.00    23,158,212.37
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      117.883478   1.933426     0.655058      0.000000      2.588484  115.950053
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    8,394.01 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 4,782.23 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,993.52 
    MASTER SERVICER ADVANCES THIS MONTH                                3,027.15 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    193,250.54 
      (B)  TWO MONTHLY PAYMENTS:                                3    398,368.83 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    136,389.97 
      (D)  LOANS IN FORECLOSURE                                 7    960,099.50 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  23,158,212.37 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        22,786,254.68 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 168      
                                                                                
    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             419,602.16 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      344,966.64 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,959.34 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           37,228.96 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,775,116.19         
       BANKRUPTCY AMOUNT AVAILABLE                           373,426.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,174,005.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4175% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7275% 
                                                                                
    POOL TRADING FACTOR                                             0.115950053 

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

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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      8,531,141.42      7.8149       440,657.62  
                                                                                
- --------------------------------------------------------------------------------
                  60,404,491.94      8,531,141.42                   440,657.62  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           53,644.16          0.00       494,301.78        0.00     8,090,483.80
                                                                                
           53,644.16          0.00       494,301.78        0.00     8,090,483.80
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      141.233560   7.295113     0.888082      0.000000      8.183195  133.938446
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    2,860.58 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,709.41 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                      790.68 
    MASTER SERVICER ADVANCES THIS MONTH                                  958.76 
                                                                                
                                                            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    100,293.39 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,090,483.80 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         7,982,074.38 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  64      
                                                                                
    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             123,409.44 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      426,321.23 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,800.98 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           11,535.41 
                                                                                
       LOC AMOUNT AVAILABLE                               11,806,248.64         
       BANKRUPTCY AMOUNT AVAILABLE                           136,507.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       909,743.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.5016% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8288% 
                                                                                
    POOL TRADING FACTOR                                             0.133938446 

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

Run:        07/30/97     17:00:04                                    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     11,315,139.96      6.7312       311,673.27  
                                                                                
- --------------------------------------------------------------------------------
                  80,948,485.59     11,315,139.96                   311,673.27  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           63,390.90          0.00       375,064.17        0.00    11,003,466.69
                                                                                
           63,390.90          0.00       375,064.17        0.00    11,003,466.69
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      139.781985   3.850267     0.783102      0.000000      4.633369  135.931718
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    3,774.75 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,357.81 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,643.74 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    293,492.48 
      (B)  TWO MONTHLY PAYMENTS:                                1    228,490.40 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    106,694.47 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  11,003,466.69 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        11,020,872.70 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  86      
                                                                                
    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                      292,651.56 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,318.82 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           17,702.89 
                                                                                
       LOC AMOUNT AVAILABLE                               11,806,248.64         
       BANKRUPTCY AMOUNT AVAILABLE                           136,507.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       909,743.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3826% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7312% 
                                                                                
    POOL TRADING FACTOR                                             0.135931718 

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

Run:        07/30/97     17:00:04                                    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      9,160,048.59      6.8544       219,994.23  
                                                                                
- --------------------------------------------------------------------------------
                  42,805,537.40      9,160,048.59                   219,994.23  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           51,851.07          0.00       271,845.30        0.00     8,940,054.36
                                                                                
           51,851.07          0.00       271,845.30        0.00     8,940,054.36
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      213.992141   5.139387     1.211317      0.000000      6.350704  208.852754
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    3,784.66 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,899.33 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    9,586.09 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 6    909,993.67 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    354,011.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,940,054.36 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         8,958,430.46 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  76      
                                                                                
    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                      204,731.32 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,355.63 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,907.28 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       7,872,143.96         
       BANKRUPTCY AMOUNT AVAILABLE                           497,233.28         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       972,601.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.5099% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7599% 
                                                                                
    POOL TRADING FACTOR                                             0.208852754 

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

Run:        07/30/97     17:00:04                                    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      9,634,775.02      6.5655        17,988.53  
                                                                                
- --------------------------------------------------------------------------------
                  55,464,913.85      9,634,775.02                    17,988.53  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           52,704.06          0.00        70,692.59        0.00     9,616,786.49
                                                                                
           52,704.06          0.00        70,692.59        0.00     9,616,786.49
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      173.709366   0.324323     0.950223      0.000000      1.274546  173.385043
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    2,952.94 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,978.46 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    7,252.60 
    MASTER SERVICER ADVANCES THIS MONTH                                1,345.02 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 7    950,307.86 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 4    610,135.34 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,616,786.49 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,456,573.11 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  68      
                                                                                
    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             185,047.81 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,865.33 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           16,123.20 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       7,872,143.96         
       BANKRUPTCY AMOUNT AVAILABLE                           497,233.28         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       972,601.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4346% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6846% 
                                                                                
    POOL TRADING FACTOR                                             0.173385043 

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

DISTRIBUTION DATE:           07/25/97
MONTHLY Cutoff:                Jun-97
DETERMINATION DATE:          07/21/97
RUN TIME/DATE:               07/15/97       04:38 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      374,612.05

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               320,307.25
Total Principal Prepayments               305,053.04
Principal Payoffs-In-Full                 239,861.57
Principal Curtailments                     65,191.47
Principal Liquidations                          0.00
Scheduled Principal Due                    15,254.21

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 54,304.80
Prepayment Interest Shortfall                 315.41
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     9,576,506.40
Curr Period ENDING Princ Balance        9,256,199.15
Change in Principal Balance               320,307.25

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       2.120662
Interest Distributed                        0.359536
Total Distribution                          2.480198
Total Principal Prepayments                 2.019668
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                63.403284
ENDING Principal Balance                   61.282622

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               6.844276%
Subordinated Unpaid Amounts
Period Ending Class Percentages            49.263980%
Prepayment Percentages                    100.000000%
Trading Factors                             6.128262%
Certificate Denominations                      1,000
Sub-Servicer Fees                           3,452.23
Master Servicer Fees                          961.88
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00


                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       61,414.33       57.76     436,084.14

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                13,535.15                 333,842.40
Total Principal Prepayments                     0.00                 305,053.04
Principal Payoffs-In-Full                       0.00                 239,861.57
Principal Curtailments                          0.00                  65,191.47
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    14,684.78                  29,938.99

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 47,879.18       57.76     102,241.74
Prepayment Interest Shortfall                 314.01        0.46         629.88
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     9,547,989.39              19,124,495.79
Curr Period ENDING Princ Balance        9,532,780.61              18,788,979.76
Change in Principal Balance                15,208.78                 335,516.03

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     280.341246
Interest Distributed                      991.677890
Total Distribution                      1,272.019136
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               791.035266
ENDING Principal Balance                  789.775243

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               6.834276%   0.010000%
Subordinated Unpaid Amounts             1,208,185.63    1,045.96   1,010,728.31
Period Ending Class Percentages            50.736020%
Prepayment Percentages                      0.000000%
Trading Factors                            78.977524%                 11.519108%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,555.39                   7,007.62
Master Servicer Fees                          990.62                   1,952.50
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           1,035,235.00

POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Blance           Loans
Loans Delinquent ONE Payment              754,114.77           5
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments       1,097,941.43           5
Total Unpaid Princ on Delinquent Loans  1,852,056.20          10
Loans in Foreclosure, INCL in Delinq      754,347.61           3
REO/Pending Cash Liquidations             343,593.82           2
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           7.0791%

Loans in Pool                                    126
Current Period Sub-Servicer Fee             7,007.62
Current Period Master Servicer Fee          1,952.50

Aggregate REO Losses                     (923,043.23)
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           07/25/97
MONTHLY Cutoff:                Jun-97
DETERMINATION DATE:          07/21/97
RUN TIME/DATE:               07/14/97       04:16 PM

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                157,370.26

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                43,232.74
Total Principal Prepayments                13,937.03
Principal Payoffs-In-Full                       0.00
Principal Curtailments                     13,937.03
Principal Liquidations                          0.00
Scheduled Principal Due                    29,295.71

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                114,137.52
Prepayment Interest Shortfall                  55.08
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      17,174,895.35
Current Period ENDING Prin Bal         17,131,662.61
Change in Principal Balance                43,232.74

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.322833
Interest Distributed                        0.852303
Total Distribution                          1.175136
Total Principal Prepayments                 0.104072
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance               128.250614
ENDING Principal Balance                  127.927781

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               7.978571%
Subordinated Unpaid Amounts
Period Ending Class Percentages            59.419415%
Prepayment Percentages                    100.000000%
Trading Factors                            12.792778%
Certificate Denominations                      1,000
Sub-Servicer Fees                           5,365.38
Master Servicer Fees                        1,788.46
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Prin & Int Distributed                 90,573.53       86.45     248,030.24

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                18,811.87                  62,044.61
Total Principal Prepayments                     0.00                  13,937.03
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                          0.00                  13,937.03
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    19,991.29                  49,287.00

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 71,761.66       86.45     185,985.63
Prepayment Interest Shortfall                  37.53        0.05          92.66
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      11,720,087.58              28,894,982.93
Current Period ENDING Prin Bal         11,700,096.29              28,831,758.90
Change in Principal Balance                19,991.29                  63,224.03

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     330.700254
Interest Distributed                    1,261.522601
Total Distribution                      1,592.222855
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               824.125605
ENDING Principal Balance                  822.719871

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               7.968571%   0.010000%
Subordinated Unpaid Amounts             1,922,527.63    1,569.73   1,924,097.36
Period Ending Class Percentages            40.580585%
Prepayment Percentages                      0.000000%
Trading Factors                            82.271987%                 19.462782%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,664.30                   9,029.68
Master Servicer Fees                        1,221.43                   3,009.89
Percentage Interest
Current Period Master Servicer Advance                                     0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,483,753.94
Current Special Hazard Amount           1,075,579.00
Loans in Pool                                    142
Current Period Sub-Servicer Fee             9,029.68
Current Period Master Servicer Fee          3,009.89

POOL DELINQUENCY DATA                         Unpaid      Number
                                            Prin Bal    of Loans

Loans Delinquent ONE Payment              240,852.22           2
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         644,137.11           3
Tot Unpaid Prin on Delinquent Loans       884,989.33           5
Loans in Foreclosure, INCL in Delinq      359,285.83           2
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments            3.1078%
Aggregate REO Losses                   (1,861,130.82)
 ................................................................................

Run:        07/30/97     17:00:04                                    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      8,871,695.31      6.7312        14,459.63  
                                                                                
- --------------------------------------------------------------------------------
                  69,922,443.97      8,871,695.31                    14,459.63  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           49,761.30          0.00        64,220.93        0.00     8,857,235.68
                                                                                
           49,761.30          0.00        64,220.93        0.00     8,857,235.68
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      126.879079   0.206795     0.711664      0.000000      0.918459  126.672284
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    3,487.01 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,849.96 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,758.73 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    688,443.65 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    242,689.73 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,857,235.68 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         8,876,757.42 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  46      
                                                                                
    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                     534.24 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,925.39 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,347.73         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3981% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7038% 
                                                                                
    POOL TRADING FACTOR                                             0.126672284 

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

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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      8,265,790.37      6.7533       467,695.64  
                                                                                
- --------------------------------------------------------------------------------
                  74,994,327.48      8,265,790.37                   467,695.64  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           45,424.22          0.00       513,119.86        0.00     7,798,094.73
                                                                                
           45,424.22          0.00       513,119.86        0.00     7,798,094.73
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      110.218875   6.236414     0.605702      0.000000      6.842116  103.982461
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    3,000.07 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,666.67 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,928.05 
    MASTER SERVICER ADVANCES THIS MONTH                                  769.79 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    492,524.69 
      (B)  TWO MONTHLY PAYMENTS:                                1     89,384.11 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1     85,702.20 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   7,798,094.73 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         7,704,441.70 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  53      
                                                                                
    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             104,410.55 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      453,815.40 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,555.39 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,324.85 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,347.73         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4521% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7500% 
                                                                                
    POOL TRADING FACTOR                                             0.103982461 

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

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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      5,660,943.05      7.7181        10,088.75  
                                                                                
- --------------------------------------------------------------------------------
                  37,402,303.81      5,660,943.05                    10,088.75  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           36,395.51          0.00        46,484.26        0.00     5,650,854.30
                                                                                
           36,395.51          0.00        46,484.26        0.00     5,650,854.30
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      151.352790   0.269736     0.973082      0.000000      1.242818  151.083054
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    2,057.62 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,190.59 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,958.67 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    159,744.63 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    443,206.29 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,650,854.30 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,660,690.41 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  32      
                                                                                
    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                   2,217.63 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            7,871.12 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,347.73         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4042% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7181% 
                                                                                
    POOL TRADING FACTOR                                             0.151083054 

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

Run:        07/30/97     17:00:04                                    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      2,967,641.27      7.8126         5,925.81  
                                                                                
- --------------------------------------------------------------------------------
                  22,040,775.69      2,967,641.27                     5,925.81  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           19,310.37          0.00        25,236.18        0.00     2,961,715.46
                                                                                
           19,310.37          0.00        25,236.18        0.00     2,961,715.46
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      134.643232   0.268857     0.876120      0.000000      1.144977  134.374375
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    1,062.51 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   625.11 
                                                                                
    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                                                   2,961,715.46 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,965,396.28 
                                                                                
    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                          492.89 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,194.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,238.92 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,347.73         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4922% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8125% 
                                                                                
    POOL TRADING FACTOR                                             0.134374375 

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

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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      2,104,172.03      7.6612         2,925.46  
                                                                                
- --------------------------------------------------------------------------------
                  20,728,527.60      2,104,172.03                     2,925.46  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           13,433.69          0.00        16,359.15        0.00     2,101,246.57
                                                                                
           13,433.69          0.00        16,359.15        0.00     2,101,246.57
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      101.510926   0.141132     0.648077      0.000000      0.789209  101.369794
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                      766.99 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   438.42 
                                                                                
    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                                                   2,101,246.57 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,104,066.73 
                                                                                
    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                       7.25 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,918.21 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,347.73         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3486% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6612% 
                                                                                
    POOL TRADING FACTOR                                             0.101369794 

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

SEC REPORT
DISTRIBUTION DATE:          07/25/97
MONTHLY Cutoff:               Jun-97
DETERMINATION DATE:         07/21/97
RUN TIME/DATE:              07/18/97       10:09 AM

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       1,031,607.54     3,518.00

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed              960,920.48       132.66
Total Principal Prepayments              950,377.67       131.20
Principal Payoffs-In-Full                725,110.58       100.08
Principal Curtailments                     1,144.19         0.16
Principal Liquidations                   224,122.90        30.96
Scheduled Principal Due                   10,542.81         1.46

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                70,687.06     3,385.34
Prepayment Interest Shortfall              2,275.37       108.66
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     10,806,314.56     1,493.39
Current Period ENDING Prin Bal         9,845,394.08     1,360.73
Change in Principal Balance              960,920.48       132.66
PER CERTIFICATE DATA BY CLASS
Principal Distributed                     12.413659    13.266000
Interest Distributed                       0.913171   338.534000
Total Distribution                        12.277462    13.120000
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                 127.187807   136.073000

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                                8.1022%      0.2500%
Subordinated Unpaid Amounts
Period Ending Class Percentages             62.7867%      0.0087%
Prepayment Percentages                     100.0000%    100.0000%
Trading Factors                             12.7188%     13.6073%
Certificate Denominations                     1,000        1,000
Sub-Servicer fees                          4,722.73         0.65
Master Servicer Fees                         988.04         0.14
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          28,411.83         7.47   1,063,544.84

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                    0.00         0.00     961,053.14
Total Principal Prepayments
Principal Payoffs-In-Full
Principal Curtailments
Principal Liquidations
Scheduled Principal Due

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                28,411.83         7.47     102,491.70
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      5,963,303.11       151.71  16,771,262.77
Current Period ENDING Prin Bal         5,833,806.18       148.47  15,680,709.46
Change in Principal Balance              129,496.93         3.24   1,090,553.31
PER CERTIFICATE DATA BY CLASS
Principal Distributed                      0.000000
Interest Distributed                     956.798112
Total Principal Prepayments
Unpaid Interest Shortfall Paid
Current Period Interest Shortfall
Unpaid Interest Shortfall Remaining
ENDING Principal Balance                 785.838116

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00           0.00
Passthru Rate                                8.1022%      8.1022%
Subordinated Unpaid Amounts            2,133,057.22       560.91
Period Ending Class Percentages             37.2037%      0.0009%      100.0000%
Prepayment Percentages                       0.0000%      0.0000%
Trading Factors                             78.5838%
Certificate Denominations                   250,000
Sub-Servicer fees                          2,606.17                    7,329.55
Master Servicer Fees                         545.23                    1,533.41
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            905,342.00
Suspense Net (charges)/Recoveries        (22,612.68)
                                             Unpaid       Number
POOL DELINQUENCY DATA                      Prin Bal     of Loans
Loans Delinquent ONE Payment              87,501.37            1
Loans Delinquent TWO Payments            510,882.10            2
Loans Delinquent THREE + Payments      1,357,178.62            6
Tot Unpaid Principal on Delinq Loans   1,955,562.09            9
Loans in Foreclosure (incl in delinq)    160,606.50            1
REO/Pending Cash Liquidations          1,196,572.12            5
6 Mo Avg Delinquencies 2+ Payments          13.6398%
Loans in Pool                                    85
Current Period Sub-Servicer Fee            7,329.62
Current Period Master Servicer Fee         1,533.42
Aggregate REO Losses                  (1,950,245.43)
 ................................................................................

Run:        07/30/97     17:00:04                                    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     16,630,309.84      7.7008       162,472.40  
                                                                                
- --------------------------------------------------------------------------------
                  87,338,199.16     16,630,309.84                   162,472.40  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          105,861.24          0.00       268,333.64        0.00    16,467,837.44
                                                                                
          105,861.24          0.00       268,333.64        0.00    16,467,837.44
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      190.412786   1.860267     1.212084      0.000000      3.072351  188.552519
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    5,664.02 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,203.01 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    8,323.66 
    MASTER SERVICER ADVANCES THIS MONTH                                3,562.30 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    520,588.67 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    181,913.79 
      (D)  LOANS IN FORECLOSURE                                 2    335,533.33 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  16,467,837.44 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        16,036,073.86 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  83      
                                                                                
    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             456,938.10 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      123,200.79 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  19,121.01 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           20,150.60 
                                                                                
       MORTGAGE POOL INSURANCE                             8,575,722.92         
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00         
       BANKRUPTCY BOND                                       104,405.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.5291% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7262% 
                                                                                
    POOL TRADING FACTOR                                             0.188552519 

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

Run:        07/30/97     17:00:04                                    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     10,338,991.57      8.3078       197,985.44  
                                                                                
- --------------------------------------------------------------------------------
                  62,922,765.27     10,338,991.57                   197,985.44  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           73,226.94          0.00       271,212.38        0.00    10,141,006.13
                                                                                
           73,226.94          0.00       271,212.38        0.00    10,141,006.13
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      164.312416   3.146483     1.163759      0.000000      4.310242  161.165932
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    4,103.23 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,175.75 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   13,950.74 
    MASTER SERVICER ADVANCES THIS MONTH                                1,539.74 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    393,614.47 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    196,056.82 
      (D)  LOANS IN FORECLOSURE                                 4    888,709.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  10,141,006.13 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,969,235.87 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  65      
                                                                                
    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             190,421.05 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       68,273.59 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,212.83 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             115,393.69 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,105.33 
                                                                                
       MORTGAGE POOL INSURANCE                             8,575,722.92         
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00         
       BANKRUPTCY BOND                                       104,405.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.2415% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3653% 
                                                                                
    POOL TRADING FACTOR                                             0.161165932 

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

Run:        07/30/97     17:00:04                                    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      2,919,636.77     10.0000       149,472.32  
                                                                                
- --------------------------------------------------------------------------------
                 120,931,254.07      2,919,636.77                   149,472.32  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           23,266.08          0.00       172,738.40        0.00     2,770,164.45
                                                                                
           23,266.08          0.00       172,738.40        0.00     2,770,164.45
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       24.142946   1.236011     0.192391      0.000000      1.428402   22.906936
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    1,010.37 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,867.91 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,441.22 
    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    115,444.79 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    227,064.03 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,770,164.45 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,773,117.43 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  14      
                                                                                
    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                      146,940.36 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      89.85 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,442.11 
                                                                                
       MORTGAGE POOL INSURANCE                             2,576,599.46         
       SPECIAL HAZARD LOSS COVERAGE                        1,516,886.00         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.6660% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.022906936 

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


Run:        07/23/97     15:29:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     4,739,396.13     9.000000  %    127,353.43
A-5   760920CQ9     2,388,000.00     2,388,000.00     9.000000  %          0.00
A-6   760920CJ5       100,000.00         5,805.09  1237.750000  %        103.73
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           291.14     0.538038  %          5.20
B                  17,727,586.62     5,551,539.28    10.000000  %     15,514.73
R-I                         0.00             0.00    10.000000  %          0.00
R-II                        0.00             0.00     0.000000  %          0.00

- -------------------------------------------------------------------------------
                  262,737,586.62    12,685,031.64                    142,977.09
===============================================================================
_______________________________________________________________________________
                                                                      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        35,531.08    162,884.51             0.00         0.00   4,612,042.70
A-5        17,902.75     17,902.75             0.00         0.00   2,388,000.00
A-6         5,985.29      6,089.02             0.00         0.00       5,701.36
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        5,685.22      5,690.42             0.00         0.00         285.94
B          46,244.24     61,758.97             0.00    79,486.24   5,456,540.72
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          111,348.58    254,325.67             0.00    79,486.24  12,462,570.72
===============================================================================
_______________________________________________________________________________



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    243.871366   6.553125     1.828295     8.381420   0.000000    237.318241
A-5   1000.000000   0.000000     7.496964     7.496964   0.000000   1000.000000
A-6     58.050900   1.037300    59.852900    60.890200   0.000000     57.014000
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    29.114000   0.520000   568.522000   569.042000   0.000000     28.594000
B   78,289.552310  218.7936    652.150811   870.944411   0.000000  76,949.85275
_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:29:52                                        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                        3,873.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,304.89

SUBSERVICER ADVANCES THIS MONTH                                       34,818.88
MASTER SERVICER ADVANCES THIS MONTH                                    3,700.44


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     790,434.59

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     188,321.14


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,682,849.80

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      12,462,570.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           49

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                 387,161.45

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        5,393.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          56.23551100 %    43.76448900 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             56.21657170 %    43.78342830 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5267 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,150,331.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         11.03468258
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              259.97

POOL TRADING FACTOR:                                                 4.74335282

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

Run:        07/30/97     17:00:04                                    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      4,044,276.69     10.5000       213,529.43  
                                                                                
- --------------------------------------------------------------------------------
                 193,971,603.35      4,044,276.69                   213,529.43  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           47,523.07          0.00       261,052.50        0.00     3,830,747.26
                                                                                
           47,523.07          0.00       261,052.50        0.00     3,830,747.26
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       20.849839   1.100828     0.245000      0.000000      1.345828   19.749011
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                      997.51 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,589.86 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,634.59 
    MASTER SERVICER ADVANCES THIS MONTH                                5,832.02 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    250,935.15 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 6  1,580,587.40 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   3,830,747.26 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         3,262,899.98 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  12      
                                                                                
    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             583,778.05 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       0.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             210,203.81 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,325.62 
                                                                                
       MORTGAGE POOL INSURANCE                             1,356,247.35         
       SPECIAL HAZARD LOSS COVERAGE                          856,064.00         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                              366,957.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.4896% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.019749011 

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

Run:        07/30/97     17:00:04                                    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      9,433,783.78      7.3333       249,493.12  
                                                                                
- --------------------------------------------------------------------------------
                  46,306,707.62      9,433,783.78                   249,493.12  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           57,613.72          0.00       307,106.84        0.00     9,184,290.66
                                                                                
           57,613.72          0.00       307,106.84        0.00     9,184,290.66
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      203.723915   5.387840     1.244177      0.000000      6.632017  198.336076
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    3,640.41 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,005.31 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,934.84 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    408,523.57 
      (B)  TWO MONTHLY PAYMENTS:                                1    224,257.97 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,184,290.66 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,197,010.07 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  45      
                                                                                
    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                      236,613.88 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     149.32 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,729.92 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,564,361.10         
       BANKRUPTCY AMOUNT AVAILABLE                           102,899.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       862,471.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3185% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.4699% 
                                                                                
    POOL TRADING FACTOR                                             0.198336076 

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

Run:        07/30/97     17:00:04                                    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      2,982,653.20      7.7481         5,061.66  
                                                                                
- --------------------------------------------------------------------------------
                  19,212,019.52      2,982,653.20                     5,061.66  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           19,251.47          0.00        24,313.13        0.00     2,977,591.54
                                                                                
           19,251.47          0.00        24,313.13        0.00     2,977,591.54
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      155.249332   0.263463     1.002053      0.000000      1.265516  154.985869
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                      914.13 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   938.85 
                                                                                
    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 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,977,591.54 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,981,612.83 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  17      
                                                                                
    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                   1,048.82 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,012.84 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,564,361.10         
       BANKRUPTCY AMOUNT AVAILABLE                           102,899.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       862,471.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.5543% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7798% 
                                                                                
    POOL TRADING FACTOR                                             0.154985869 

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

Run:        07/30/97     17:00:04                                    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      1,586,288.25      8.2500         2,165.75  
                                                                                
- --------------------------------------------------------------------------------
                  15,507,832.37      1,586,288.25                     2,165.75  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           10,903.67          0.00        13,069.42        0.00     1,584,122.50
                                                                                
           10,903.67          0.00        13,069.42        0.00     1,584,122.50
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      102.289489   0.139655     0.703107      0.000000      0.842762  102.149834
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                      544.53 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   497.78 
                                                                                
    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                                                   1,584,122.50 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         1,585,988.25 
                                                                                
    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                            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            1,865.75 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,564,361.10         
       BANKRUPTCY AMOUNT AVAILABLE                           102,899.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       862,471.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.1599% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3115% 
                                                                                
    POOL TRADING FACTOR                                             0.102149834 

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

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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              0.00      0.0000             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 199,971,518.09              0.00                         0.00  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
                0.00          0.00             0.00        0.00             0.00
                                                                                
                0.00          0.00             0.00        0.00             0.00
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
        0.000000   0.000000     0.000000      0.000000      0.000000    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                        0.00 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     0.00 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                         .   
    MASTER SERVICER ADVANCES THIS MONTH                                     .   
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                             .   
      (B)  TWO MONTHLY PAYMENTS:                                            .   
      (C)  THREE OR MORE MONTHLY PAYMENTS:                                  .   
      (D)  LOANS IN FORECLOSURE                                             .   
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                            .   
    ACTUAL UPAID PRINCIPAL BALANCE @   /                                    .   
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                          
                                                                                
    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                             .   
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                        .   
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                    .   
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                         .   
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION                0.00 
                                                                                
       LOC AMOUNT AVAILABLE                                         .           
       BANKRUPTCY AMOUNT AVAILABLE                                  .           
       FRAUD AMOUNT AVAILABLE                                       .           
       SPECIAL HAZARD AMOUNT AVAILABLE                              .           
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         0.0000% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               0.0000% 
                                                                                
 ................................................................................


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

Run:        07/30/97     16:44:53                                    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      3,119,383.30     10.5000         2,705.10  
S     760920ED6            0.00              0.00      0.6544             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  95,187,660.42      3,119,383.30                     2,705.10  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          27,291.47          0.00        29,996.57        0.00     3,116,678.20
S           1,700.90          0.00         1,700.90        0.00             0.00
                                                                                
           28,992.37          0.00        31,697.47        0.00     3,116,678.20
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A      32.770879   0.028419     0.286712      0.000000      0.315131   32.742460
S       0.000000   0.000000     0.017869      0.000000      0.017869    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    16:44:53                                         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                    1,071.42 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   294.71 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,194.05 
    MASTER SERVICER ADVANCES THIS MONTH                                3,187.34 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    997,021.90 
      (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                                                   3,116,678.20 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         2,797,605.87 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  12      
                                                                                
    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             321,896.07 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     375.45 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,329.65 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       1,737,443.07         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,396,176.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.7569% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.032742460 

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


Run:        07/23/97     15:29:52                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     1,590,274.98     9.500000  %    452,057.17
I     760920FV5        10,000.00           575.59     0.500000  %         41.47
B                  11,825,033.00     4,740,442.39     9.500000  %      4,025.39
S     760920FW3             0.00             0.00     0.130820  %          0.00

- -------------------------------------------------------------------------------
                  110,000,309.00     6,331,292.96                    456,124.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          12,374.91    464,432.08             0.00         0.00   1,138,217.81
I           2,593.04      2,634.51             0.00         0.00         534.12
B          36,888.30     40,913.69             0.00         0.00   4,736,417.00
S             682.92        682.92             0.00         0.00           0.00

- -------------------------------------------------------------------------------
           52,539.17    508,663.20             0.00         0.00   5,875,168.93
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       16.199975   4.605062     0.126062     4.731124   0.000000     11.594913
I       57.559000   4.147000   259.304000   263.451000   0.000000     53.412000
B      400.881959   0.340413     3.119509     3.459922   0.000000    400.541546

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:29:53                                        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                        1,860.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       649.44

SUBSERVICER ADVANCES THIS MONTH                                        4,721.93
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     515,366.61

 (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                                                       5,875,168.93

AGGREGATE NUMBER OF 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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      450,747.75

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          25.12678820 %    74.87321180 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             19.38245430 %    80.61754570 %

CLASS S    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1409 %

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                         10.63106384
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              277.24

POOL TRADING FACTOR:                                                 5.34104766


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

Run:        07/30/97     17:00:04                                    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     20,988,333.48      7.3130       448,218.98  
                                                                                
- --------------------------------------------------------------------------------
                 190,576,742.37     20,988,333.48                   448,218.98  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          126,045.79          0.00       574,264.77        0.00    20,540,114.50
                                                                                
          126,045.79          0.00       574,264.77        0.00    20,540,114.50
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      110.130613   2.351908     0.661391      0.000000      3.013299  107.778705
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    7,240.96 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,532.41 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,136.98 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    594,718.97 
      (B)  TWO MONTHLY PAYMENTS:                                2    609,576.52 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    206,739.43 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  20,540,114.50 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        20,570,311.69 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  84      
                                                                                
    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                      415,214.64 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,544.88 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           30,459.46 
                                                                                
       LOC AMOUNT AVAILABLE                                2,684,757.64         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,457,325.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.0516% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.3116% 
                                                                                
    POOL TRADING FACTOR                                             0.107778705 

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

Run:        07/30/97     17:00:04                                    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     27,972,866.34      6.5878       849,924.93  
                                                                                
- --------------------------------------------------------------------------------
                 139,233,192.04     27,972,866.34                   849,924.93  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          149,222.70          0.00       999,147.63        0.00    27,122,941.41
                                                                                
          149,222.70          0.00       999,147.63        0.00    27,122,941.41
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      200.906594   6.104327     1.071747      0.000000      7.176074  194.802267
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    9,215.35 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 8,363.81 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   25,657.89 
    MASTER SERVICER ADVANCES THIS MONTH                                3,304.71 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                11  2,420,914.45 
      (B)  TWO MONTHLY PAYMENTS:                                2    806,155.34 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    227,526.25 
      (D)  LOANS IN FORECLOSURE                                 5  1,288,649.34 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  27,122,941.41 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        26,692,875.13 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 105      
                                                                                
    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             483,507.50 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      810,074.74 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,355.45 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           36,494.74 
                                                                                
       LOC AMOUNT AVAILABLE                                2,242,291.97         
       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                         7.3604% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5713% 
                                                                                
    POOL TRADING FACTOR                                             0.194802267 

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

Run:        07/30/97     17:00:04                                    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     36,577,455.35      5.8871        72,959.75  
S     760920JG4            0.00              0.00      0.5500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 180,816,953.83     36,577,455.35                    72,959.75  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         179,392.90          0.00       252,352.65        0.00    36,504,495.60
S          16,759.71          0.00        16,759.71        0.00             0.00
                                                                                
          196,152.61          0.00       269,112.36        0.00    36,504,495.60
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     202.289966   0.403501     0.992124      0.000000      1.395625  201.886465
S       0.000000   0.000000     0.092689      0.000000      0.092689    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                   12,220.77 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 9,812.00 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,597.87 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    481,884.95 
      (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                                                  36,504,495.60 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        36,556,995.36 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 145      
                                                                                
    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                  10,814.27 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           62,145.48 
                                                                                
       LOC AMOUNT AVAILABLE                                2,502,726.14         
       BANKRUPTCY AMOUNT AVAILABLE                         1,022,179.00         
       FRAUD AMOUNT AVAILABLE                                614,130.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,686,952.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.1577% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               5.8871% 
                                                                                
    POOL TRADING FACTOR                                             0.201886465 

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


Run:        07/23/97     15:29:53                                    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       928,282.37    10.000000  %        725.54
A-3   760920KA5    62,000,000.00     1,142,750.89    10.000000  %        893.17
A-4   760920KB3        10,000.00           174.40     0.692500  %          0.14
B                  10,439,807.67     1,761,445.25    10.000000  %      1,363.99
R                           0.00             9.90    10.000000  %          0.01

- -------------------------------------------------------------------------------
                  122,813,807.67     3,832,662.81                      2,982.85
===============================================================================
_______________________________________________________________________________
                                                                      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         7,735.66      8,461.20             0.00         0.00     927,556.83
A-3         9,522.88     10,416.05             0.00         0.00   1,141,857.72
A-4         2,211.76      2,211.90             0.00         0.00         174.26
B          14,678.53     16,042.52             0.00         0.00   1,760,081.26
R               1.54          1.55             0.00         0.00           9.89

- -------------------------------------------------------------------------------
           34,150.37     37,133.22             0.00         0.00   3,829,679.96
===============================================================================
_______________________________________________________________________________



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    106.283761   0.083071     0.885695     0.968766   0.000000    106.200690
A-3     18.431466   0.014406     0.153595     0.168001   0.000000     18.417060
A-4     17.440000   0.014000   221.176000   221.190000   0.000000     17.426000
B      168.723918   0.130653     1.406015     1.536668   0.000000    168.593265

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:29:54                                        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                        1,426.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       375.32

SUBSERVICER ADVANCES THIS MONTH                                        8,026.49
MASTER SERVICER ADVANCES THIS MONTH                                    2,179.08


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     559,760.07

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        251,697.85

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       3,829,679.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           15

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                 230,648.21

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                           15.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          54.04121530 %    45.95878470 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             54.04103530 %    45.95896470 %

CLASS A-4  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.6925 %

      BANKRUPTCY AMOUNT AVAILABLE                         489,203.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     949,988.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         11.27922043
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                               16.86

POOL TRADING FACTOR:                                                 3.11828127


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


Run:        07/23/97     15:29:49                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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                 145,575,900.00    10,506,688.99     7.069228  %    290,360.31
R     760920KT4           100.00             0.00     7.069228  %          0.00
B                  10,120,256.77     6,881,836.47     7.069228  %     10,706.64

- -------------------------------------------------------------------------------
                  155,696,256.77    17,388,525.46                    301,066.95
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          61,813.87    352,174.18             0.00         0.00  10,216,328.68
R               0.00          0.00             0.00         0.00           0.00
B          40,487.82     51,194.46             0.00         0.00   6,871,129.83

- -------------------------------------------------------------------------------
          102,301.69    403,368.64             0.00         0.00  17,087,458.51
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       72.173272   1.994563     0.424616     2.419179   0.000000     70.178709
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      680.006113   1.057942     4.000671     5.058613   0.000000    678.948172

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:29:49                                        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                        5,768.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,845.23

SPREAD                                                                 3,256.02

SUBSERVICER ADVANCES THIS MONTH                                        2,231.58
MASTER SERVICER ADVANCES THIS MONTH                                    1,959.77


                                                          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                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        295,201.38

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      17,087,458.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           69

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                 273,932.67

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      274,014.18

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          60.42311650 %    39.57688350 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             59.78846220 %    40.21153780 %

      BANKRUPTCY AMOUNT AVAILABLE                       1,036,610.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,347,079.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.82367027
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              259.13

POOL TRADING FACTOR:                                                10.97486790


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


Run:        07/23/97     15:29:50                                    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    18,892,808.51     6.142312  %    464,353.11
R     760920KR8           100.00             0.00     6.142312  %          0.00
B                   9,358,525.99     8,115,311.15     6.142312  %     93,560.73

- -------------------------------------------------------------------------------
                  120,755,165.99    27,008,119.66                    557,913.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          96,331.34    560,684.45             0.00         0.00  18,428,455.40
R               0.00          0.00             0.00         0.00           0.00
B          41,378.64    134,939.37             0.00     2,680.80   8,019,069.62

- -------------------------------------------------------------------------------
          137,709.98    695,623.82             0.00     2,680.80  26,447,525.02
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      169.599599   4.168470     0.864761     5.033231   0.000000    165.431129
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      867.156982   9.997379     4.421491    14.418870   0.000000    856.873147

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:29:50                                        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                        8,990.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,816.85

SPREAD                                                                 4,994.91

SUBSERVICER ADVANCES THIS MONTH                                        7,123.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     435,687.23

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        555,518.58

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      26,447,525.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          111

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                      240,298.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          69.95232820 %    30.04767180 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             69.67931930 %    30.32068070 %

      BANKRUPTCY AMOUNT AVAILABLE                         931,279.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,841,204.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.89037937
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              240.28

POOL TRADING FACTOR:                                                21.90177522


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


Run:        07/23/97     15:29:54                                    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     6,314,256.59     9.000000  %  6,314,256.59
S     760920LY2        10,000.00           894.21     0.744380  %        894.21
R                           0.00             0.00     9.000000  %          0.00

- -------------------------------------------------------------------------------
                   70,625,405.90     6,315,150.80                  6,315,150.80
===============================================================================
_______________________________________________________________________________
                                                                      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        47,355.42  6,361,612.01             0.00         0.00           0.00
S           3,917.27      4,811.48             0.00         0.00           0.00
R               6.71          6.71             0.00         0.00           0.00

- -------------------------------------------------------------------------------
           51,279.40  6,366,430.20             0.00         0.00           0.00
===============================================================================
_______________________________________________________________________________



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    149.029249 149.029249     1.117684   150.146933   0.000000      0.000000
S       89.421000  89.421000   391.727000   481.148000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:29:54                                        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                        1,448.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       659.44

SUBSERVICER ADVANCES THIS MONTH                                        5,969.66
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     669,405.51

 (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                                                       6,309,532.30

AGGREGATE NUMBER OF 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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                          190.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION         100.00000030 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION              0.00000000 %     0.00000000 %

CLASS S    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.7444 %

LETTER OF CREDIT - TOTAL AVAILABLE AMOUNT                          7,175,498.84
      BANKRUPTCY AMOUNT AVAILABLE                         455,861.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,811,809.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         10.14454864
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              285.27

POOL TRADING FACTOR:                                                 8.93379970


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

Run:        07/30/97     17:00:04                                    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     26,223,786.41      6.5983       216,947.47  
S     760920ML9            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 114,708,718.07     26,223,786.41                   216,947.47  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         143,214.88          0.00       360,162.35        0.00    26,006,838.94
S           5,426.21          0.00         5,426.21        0.00             0.00
                                                                                
          148,641.09          0.00       365,588.56        0.00    26,006,838.94
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     228.611974   1.891290     1.248509      0.000000      3.139799  226.720683
S       0.000000   0.000000     0.047304      0.000000      0.047304    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    8,359.75 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,705.81 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,155.80 
    MASTER SERVICER ADVANCES THIS MONTH                                1,437.06 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    300,605.12 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    198,918.15 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  26,006,838.94 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        25,832,791.65 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  90      
                                                                                
    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             205,057.85 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      180,859.36 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,403.66 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           33,684.45 
                                                                                
       LOC AMOUNT AVAILABLE                               14,320,349.03         
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,875,311.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3319% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5687% 
                                                                                
    POOL TRADING FACTOR                                             0.226720683 

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

Run:        07/30/97     17:00:04                                    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     13,300,669.18      7.6534       512,098.51  
S     760920MN5            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  56,810,233.31     13,300,669.18                   512,098.51  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          82,619.44          0.00       594,717.95        0.00    12,788,570.67
S           2,698.78          0.00         2,698.78        0.00             0.00
                                                                                
           85,318.22          0.00       597,416.73        0.00    12,788,570.67
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     234.124530   9.014195     1.454306      0.000000     10.468501  225.110335
S       0.000000   0.000000     0.047505      0.000000      0.047505    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    3,640.51 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,594.92 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,805.92 
    MASTER SERVICER ADVANCES THIS MONTH                                1,267.57 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    357,958.66 
      (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                                                  12,788,570.67 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        12,635,225.89 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  54      
                                                                                
    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             166,548.77 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      495,727.83 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,225.34 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           15,145.34 
                                                                                
       LOC AMOUNT AVAILABLE                               14,320,349.03         
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,875,311.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4230% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6795% 
                                                                                
    POOL TRADING FACTOR                                             0.225110335 

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

Run:        07/30/97     17:00:04                                    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      5,178,360.54      8.3042       232,012.80  
S     760920MC9            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  23,305,328.64      5,178,360.54                   232,012.80  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          35,504.30          0.00       267,517.10        0.00     4,946,347.74
S           1,068.87          0.00         1,068.87        0.00             0.00
                                                                                
           36,573.17          0.00       268,585.97        0.00     4,946,347.74
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     222.196418   9.955354     1.523441      0.000000     11.478795  212.241064
S       0.000000   0.000000     0.045864      0.000000      0.045864    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    1,800.86 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   504.01 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                2,540.70 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                1     88,349.80 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,946,347.74 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         4,637,491.14 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  27      
                                                                                
    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             313,193.02 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      226,558.18 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     315.03 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,139.59 
                                                                                
       LOC AMOUNT AVAILABLE                               14,320,349.03         
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,875,311.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.1804% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3588% 
                                                                                
    POOL TRADING FACTOR                                             0.212241064 

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

Run:        07/30/97     17:00:04                                    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     13,376,663.28      6.6250       222,119.51  
S     760920NX2            0.00              0.00      0.2750             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  56,799,660.28     13,376,663.28                   222,119.51  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          73,421.39          0.00       295,540.90        0.00    13,154,543.77
S           3,047.68          0.00         3,047.68        0.00             0.00
                                                                                
           76,469.07          0.00       298,588.58        0.00    13,154,543.77
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     235.506044   3.910578     1.292638      0.000000      5.203216  231.595466
S       0.000000   0.000000     0.053657      0.000000      0.053657    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    4,156.20 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,113.38 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    7,003.09 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    661,471.89 
      (B)  TWO MONTHLY PAYMENTS:                                1    325,465.86 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  13,154,543.77 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        13,171,160.31 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  51      
                                                                                
    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                      204,656.31 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     878.61 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           16,584.59 
                                                                                
       LOC AMOUNT AVAILABLE                               13,882,257.19         
       BANKRUPTCY AMOUNT AVAILABLE                           951,412.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,883,017.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3410% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5910% 
                                                                                
    POOL TRADING FACTOR                                             0.231595466 

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

Run:        07/30/97     17:00:04                                    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     19,399,000.99      7.6383       210,475.75  
S     760920NY0            0.00              0.00      0.2750             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  79,584,135.22     19,399,000.99                   210,475.75  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         123,267.30          0.00       333,743.05        0.00    19,188,525.24
S           4,437.96          0.00         4,437.96        0.00             0.00
                                                                                
          127,705.26          0.00       338,181.01        0.00    19,188,525.24
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     243.754624   2.644695     1.548893      0.000000      4.193588  241.109930
S       0.000000   0.000000     0.055764      0.000000      0.055764    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    5,170.09 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,747.60 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,672.93 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    199,307.49 
      (B)  TWO MONTHLY PAYMENTS:                                1    268,333.66 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    142,482.79 
      (D)  LOANS IN FORECLOSURE                                 1    241,088.86 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  19,188,525.24 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        19,209,098.23 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  76      
                                                                                
    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                      182,761.87 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   6,003.14 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           21,710.74 
                                                                                
       LOC AMOUNT AVAILABLE                               13,882,257.19         
       BANKRUPTCY AMOUNT AVAILABLE                           951,412.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,883,017.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4248% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6617% 
                                                                                
    POOL TRADING FACTOR                                             0.241109930 

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


Run:        07/23/97     15:29:55                                    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-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     7,561,508.86     6.800000  %    569,929.12
A-6   760920TY4     3,789,773.00     2,223,973.40    14.279000  %    167,626.23
A-7   760920UA4        10,000.00           645.36  7590.550000  %         48.64
A-8   760920TZ1             0.00             0.00     0.053073  %          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     3,050,538.34     9.000000  %     64,761.93
B                   8,174,757.92     5,206,461.11     9.000000  %      1,310.20

- -------------------------------------------------------------------------------
                  163,495,140.92    18,043,127.07                    803,676.12
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        42,048.12    611,977.24             0.00         0.00   6,991,579.74
A-6        25,969.08    193,595.31             0.00         0.00   2,056,347.17
A-7         4,005.94      4,054.58             0.00         0.00         596.72
A-8           783.10        783.10             0.00         0.00           0.00
R-I             1.82          1.82             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          22,451.65     87,213.58             0.00         0.00   2,985,776.41
B          38,319.02     39,629.22             0.00         0.00   5,095,929.64

- -------------------------------------------------------------------------------
          133,578.73    937,254.85             0.00         0.00  17,130,229.68
===============================================================================
_______________________________________________________________________________



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      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    586.835518  44.231205     3.263281    47.494486   0.000000    542.604313
A-6    586.835518  44.231206     6.852410    51.083616   0.000000    542.604312
A-7     64.536000   4.864000   400.594000   405.458000   0.000000     59.672000
R-I      0.000000   0.000000    18.200000    18.200000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      829.134713  17.602258     6.102347    23.704605   0.000000    811.532454
B      636.894837   0.160274     4.687481     4.847755   0.000000    623.373767

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:29:56                                        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                        4,085.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,708.21

SUBSERVICER ADVANCES THIS MONTH                                        9,937.39
MASTER SERVICER ADVANCES THIS MONTH                                    9,183.76


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      23,004.07

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,146,946.89

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      17,130,229.68

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           63

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               1,084,493.52

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      529,847.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         54.23742560 %    16.90692700 %   28.85564730 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            52.82196330 %    17.42986793 %   29.74816880 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0472 %

      BANKRUPTCY AMOUNT AVAILABLE                         174,089.00
      FRAUD AMOUNT AVAILABLE                                    0.00 *
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,576,945.00 *

      * ADJUSTED IN ACCORDANCE WITH THE POOLING AND SERVICING AGREEMENT

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.46827827
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              283.54

POOL TRADING FACTOR:                                                10.47751608


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


Run:        07/23/97     15:29:56                                    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             0.00     8.000000  %          0.00
A-9   760920TP3     6,191,000.00     5,787,657.85     8.000000  %  1,485,684.36
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     3,133,460.04     8.000000  %    178,714.33
A-16  760920SY5             0.00             0.00     0.500000  %          0.00
A-17  760920SZ2        10,000.00           579.02     8.000000  %         33.02
A-18  760920UR7             0.00             0.00     0.166688  %          0.00
R-I   760920TR9        38,000.00         4,977.53     8.000000  %          0.00
R-II  760920TS7       702,000.00     1,024,593.02     8.000000  %          0.00
M     760920TQ1    12,177,000.00    10,786,104.00     8.000000  %     85,079.08
B                  27,060,001.70    22,999,831.01     8.000000  %    137,194.09

- -------------------------------------------------------------------------------
                  541,188,443.70    62,848,644.47                  1,886,704.88
===============================================================================
_______________________________________________________________________________
                                                                      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        38,035.62  1,523,719.98             0.00         0.00   4,301,973.49
A-10      125,597.52    125,597.52             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       20,592.62    199,306.95             0.00         0.00   2,954,745.71
A-16       25,827.69     25,827.69             0.00         0.00           0.00
A-17            3.81         36.83             0.00         0.00         546.00
A-18        8,610.34      8,610.34             0.00         0.00           0.00
R-I             0.00          0.00            33.18         0.00       5,010.71
R-II            0.00          0.00         6,830.62         0.00   1,031,423.64
M          70,920.89    155,999.97             0.00         0.00  10,701,024.92
B         151,228.70    288,422.79             0.00         0.00  22,818,411.99

- -------------------------------------------------------------------------------
          440,817.19  2,327,522.07         6,863.80         0.00  60,924,578.46
===============================================================================

































Run:        07/23/97     15:29:56
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      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    934.850242 239.974860     6.143696   246.118556   0.000000    694.875382
A-10  1000.000000   0.000000     6.571849     6.571849   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   178.047619  10.154800     1.170102    11.324902   0.000000    167.892818
A-17    57.902000   3.302000     0.381000     3.683000   0.000000     54.600000
R-I    130.987632   0.000000     0.000000     0.000000   0.873158    131.860790
R-II  1459.534217   0.000000     0.000000     0.000000   9.730228   1469.264444
M      885.776792   6.986867     5.824168    12.811035   0.000000    878.789925
B      849.956747   5.069996     5.588643    10.658639   0.000000    843.252423

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:29:57                                        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                       17,598.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,769.34

SUBSERVICER ADVANCES THIS MONTH                                       14,916.45
MASTER SERVICER ADVANCES THIS MONTH                                    3,392.36


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,556,406.91

 (B)  TWO MONTHLY PAYMENTS:                                    1     286,565.75

 (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                                                      60,924,578.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          232

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                 417,686.11

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,428,325.86

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         46.24238070 %    17.16203100 %   36.59558800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            44.98207820 %    17.56438073 %   37.45354100 %

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                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,916,094.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.13625772
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              286.07

POOL TRADING FACTOR:                                                11.25755348


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


Run:        07/23/97     15:29:58                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     6,840,985.31     8.080021  %    359,219.39
R                         100.00             0.00     8.080021  %          0.00
B                   5,302,117.23     4,017,046.62     8.080021  %     87,539.46

- -------------------------------------------------------------------------------
                  106,042,332.23    10,858,031.93                    446,758.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          45,459.62    404,679.01             0.00         0.00   6,481,765.92
R               0.00          0.00             0.00         0.00           0.00
B          26,694.03    114,233.49             0.00         0.00   3,929,507.16

- -------------------------------------------------------------------------------
           72,153.65    518,912.50             0.00         0.00  10,411,273.08
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       67.907261   3.565803     0.451256     4.017059   0.000000     64.341458
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      757.630668  16.510284     5.034597    21.544881   0.000000    741.120384

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:29:59                                        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                        3,656.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,176.76

SUBSERVICER ADVANCES THIS MONTH                                       14,143.22
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     303,622.08

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        889,431.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      10,411,273.08

AGGREGATE NUMBER OF 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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      210,140.68

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          63.00391590 %    36.99608410 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             62.25718860 %    37.74281140 %

      BANKRUPTCY AMOUNT AVAILABLE                         159,901.00
      FRAUD AMOUNT AVAILABLE                              112,480.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,385,052.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.61461168
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              109.20

POOL TRADING FACTOR:                                                 9.81803480



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                 -0.0055


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


Run:        07/23/97     15:30:00                                    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             0.00     7.500000  %          0.00
A-5   760920VE5     6,968,000.00     5,846,126.26     7.500000  %     70,995.16
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     0.414729  %          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     4,139,684.19     7.500000  %     24,517.27

- -------------------------------------------------------------------------------
                  116,500,312.92     9,985,810.45                     95,512.43
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        36,405.79    107,400.95             0.00         0.00   5,775,131.10
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        4,145.66      4,145.66             0.00         0.00           0.00
A-12        3,438.66      3,438.66             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          25,779.21     50,296.48             0.00         0.00   4,115,166.92

- -------------------------------------------------------------------------------
           69,769.32    165,281.75             0.00         0.00   9,890,298.02
===============================================================================
_______________________________________________________________________________



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    838.996306  10.188743     5.224712    15.413455   0.000000    828.807563
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      710.637222   4.208747     4.425378     8.634125   0.000000    706.428475

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:00                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S5 (POOL # 4055)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4055 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        2,885.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,294.14

SUBSERVICER ADVANCES THIS MONTH                                        1,048.07
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                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         83,084.93

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       9,890,298.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           54

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                       36,371.49

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          58.54433440 %    41.45566560 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             58.39188150 %    41.60811850 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4149 %

      BANKRUPTCY AMOUNT AVAILABLE                         167,685.00
      FRAUD AMOUNT AVAILABLE                              107,457.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,027,147.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.88793974
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              110.25

POOL TRADING FACTOR:                                                 8.48950339


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


Run:        07/23/97     15:30:01                                    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-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             0.00     7.500000  %          0.00
A-9   760920VV7    30,371,000.00    27,509,973.00     5.672000  %    656,006.47
A-10  760920VS4    10,124,000.00     9,170,292.94    12.983819  %    218,676.03
A-11  760920VT2             0.00             0.00     1.000000  %          0.00
A-12  760920VU9             0.00             0.00     0.139624  %          0.00
R     760920VX3           100.00             0.00     7.500000  %          0.00
M     760920VW5    10,339,213.00     8,717,886.31     7.500000  %      8,451.87
B                  22,976,027.86    19,221,006.79     7.500000  %     18,634.50

- -------------------------------------------------------------------------------
                  459,500,240.86    64,619,159.04                    901,768.87
===============================================================================
_______________________________________________________________________________
                                                                      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             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       128,638.67    784,645.14             0.00         0.00  26,853,966.53
A-10       98,159.16    316,835.19             0.00         0.00   8,951,616.91
A-11       53,272.91     53,272.91             0.00         0.00           0.00
A-12        7,438.17      7,438.17             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          53,903.58     62,355.45             0.00         0.00   8,709,434.44
B         118,845.45    137,479.95             0.00         0.00  19,202,372.29

- -------------------------------------------------------------------------------
          460,257.94  1,362,026.81             0.00         0.00  63,717,390.17
===============================================================================
_______________________________________________________________________________



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    905.797405  21.599765     4.235576    25.835341   0.000000    884.197640
A-10   905.797406  21.599766     9.695689    31.295455   0.000000    884.197640
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      843.186644   0.817458     5.213509     6.030967   0.000000    842.369186
B      836.567874   0.811041     5.172584     5.983625   0.000000    835.756833

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:02                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S6 (POOL # 4056)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4056 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       20,361.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,579.21

SUBSERVICER ADVANCES THIS MONTH                                       41,622.45
MASTER SERVICER ADVANCES THIS MONTH                                   12,015.81


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,977,067.71

 (B)  TWO MONTHLY PAYMENTS:                                    1     271,565.30

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,911,909.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,717,390.17

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          249

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               1,487,495.08

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      839,121.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         56.76376250 %    13.49117900 %   29.74505870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            56.19436600 %    13.66884993 %   30.13678410 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1414 %

      BANKRUPTCY AMOUNT AVAILABLE                         123,187.00
      FRAUD AMOUNT AVAILABLE                              881,310.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,752,491.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.15757029
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              287.29

POOL TRADING FACTOR:                                                13.86667177


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


Run:        07/23/97     15:30:03                                    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-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             0.00     8.500000  %          0.00
A-4   760920WX2    31,674,000.00    24,372,602.47     8.500000  %    199,655.17
A-5   760920WY0    30,082,000.00     2,708,095.95     8.500000  %     22,184.14
A-6   760920WW4             0.00             0.00     0.124411  %          0.00
R     760920XA1       539,100.00             0.00     8.500000  %          0.00
M     760920WZ7     7,278,000.00     6,380,079.69     8.500000  %     49,383.92
B                  15,364,881.77    12,418,905.47     8.500000  %     57,348.85

- -------------------------------------------------------------------------------
                  323,459,981.77    45,879,683.58                    328,572.08
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-4       172,592.78    372,247.95             0.00         0.00  24,172,947.30
A-5        19,177.18     41,361.32             0.00         0.00   2,685,911.81
A-6         4,755.35      4,755.35             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          45,180.06     94,563.98             0.00         0.00   6,330,695.77
B          87,943.55    145,292.40             0.00         0.00  12,322,779.02

- -------------------------------------------------------------------------------
          329,648.92    658,221.00             0.00         0.00  45,512,333.90
===============================================================================
_______________________________________________________________________________



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    769.482935   6.303440     5.449036    11.752476   0.000000    763.179494
A-5     90.023800   0.737456     0.637497     1.374953   0.000000     89.286344
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      876.625404   6.785370     6.207758    12.993128   0.000000    869.840034
B      808.265606   3.732463     5.723673     9.456136   0.000000    802.009362

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:03                                        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                       11,800.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,785.65

SUBSERVICER ADVANCES THIS MONTH                                       26,558.68
MASTER SERVICER ADVANCES THIS MONTH                                    4,022.38


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     607,882.80

 (B)  TWO MONTHLY PAYMENTS:                                    2     545,637.99

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     225,683.81


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,893,581.49

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      45,512,333.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          182

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                 484,171.73

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       12,225.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         59.02546900 %    13.90611100 %   27.06842010 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            59.01446230 %    13.90984647 %   27.07569130 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1252 %

      BANKRUPTCY AMOUNT AVAILABLE                         159,686.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,939,943.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.06367607
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              285.18

POOL TRADING FACTOR:                                                14.07046821



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        07/23/97     15:30:04                                    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    23,085,473.82     7.749272  %    925,269.51
S     760920WF1             0.00             0.00     0.150000  %          0.00
R     760920WE4           100.00             0.00     7.749272  %          0.00
B                   7,295,556.68     4,766,540.22     7.749272  %          0.00

- -------------------------------------------------------------------------------
                  108,082,314.68    27,852,014.04                    925,269.51
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         146,081.05  1,071,350.56             0.00         0.00  22,160,204.31
S           3,411.47      3,411.47             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B               0.00          0.00             0.00   100,846.25   4,695,855.84

- -------------------------------------------------------------------------------
          149,492.52  1,074,762.03             0.00   100,846.25  26,856,060.15
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      229.052875   9.180476     1.449409    10.629885   0.000000    219.872399
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      653.348391   0.000000     0.000000     0.000000   0.000000    643.659702

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:04                                        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                        7,875.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,157.51

SUBSERVICER ADVANCES THIS MONTH                                       11,843.78
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     721,386.37

 (B)  TWO MONTHLY PAYMENTS:                                    3     744,420.23

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      84,663.02


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      26,856,060.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          114

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                                 30,161.88

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      610,932.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.88619200 %    17.11380810 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             82.51472550 %    17.48527450 %

      BANKRUPTCY AMOUNT AVAILABLE                         168,986.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,885,967.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.43832537
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.65

POOL TRADING FACTOR:                                                24.84778405



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1994

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        07/23/97     15:30:05                                    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    17,739,682.19     8.000000  %    634,040.46
A-6   760920WG9     5,000,000.00     7,559,859.10     8.000000  %          0.00
A-7   760920WH7    20,288,000.00     2,811,061.73     8.000000  %     64,863.18
A-8   760920WJ3             0.00             0.00     0.185638  %          0.00
R     760920WL8           100.00             0.00     8.000000  %          0.00
M     760920WK0     4,908,000.00     4,576,557.66     8.000000  %      5,199.60
B                  10,363,398.83     9,663,547.85     8.000000  %     10,979.12

- -------------------------------------------------------------------------------
                  218,151,398.83    42,350,708.53                    715,082.36
===============================================================================
_______________________________________________________________________________
                                                                      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       117,966.86    752,007.32             0.00         0.00  17,105,641.73
A-6             0.00          0.00        50,272.20         0.00   7,610,131.30
A-7        18,693.24     83,556.42             0.00         0.00   2,746,198.55
A-8         6,535.09      6,535.09             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          30,433.58     35,633.18             0.00         0.00   4,571,358.06
B          64,261.47     75,240.59             0.00         0.00   9,652,568.73

- -------------------------------------------------------------------------------
          237,890.24    952,972.60        50,272.20         0.00  41,685,898.37
===============================================================================
_______________________________________________________________________________



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    713.184591  25.490191     4.742596    30.232787   0.000000    687.694400
A-6   1511.971820   0.000000     0.000000     0.000000  10.054440   1522.026260
A-7    138.557853   3.197120     0.921394     4.118514   0.000000    135.360733
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      932.468961   1.059413     6.200811     7.260224   0.000000    931.409548
B      932.468972   1.059412     6.200811     7.260223   0.000000    931.409559

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:05                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S9 (POOL # 4059)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4059 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,168.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,459.95

SUBSERVICER ADVANCES THIS MONTH                                        7,178.53
MASTER SERVICER ADVANCES THIS MONTH                                    1,633.18


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      95,085.99

 (B)  TWO MONTHLY PAYMENTS:                                    1     461,753.77

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        360,432.98

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      41,685,898.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          173

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                 207,595.53

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      616,693.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         66.37575620 %    10.80633100 %   22.81791310 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            65.87832490 %    10.96619778 %   23.15547730 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1847 %

      BANKRUPTCY AMOUNT AVAILABLE                         132,754.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,913,779.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68799659
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              281.78

POOL TRADING FACTOR:                                                19.10870093



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        07/23/97     15:30:06                                    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-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     1,016,951.40     8.000000  %    564,468.12
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     0.160513  %          0.00
R     760920WS3           100.00             0.00     8.000000  %          0.00
B                   7,347,668.28     5,416,943.82     8.000000  %     81,445.60

- -------------------------------------------------------------------------------
                  139,954,768.28    17,933,895.22                    645,913.72
===============================================================================
_______________________________________________________________________________
                                                                      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         6,622.99    571,091.11             0.00         0.00     452,483.28
A-3        74,894.81     74,894.81             0.00         0.00  11,500,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5         2,343.41      2,343.41             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          35,278.34    116,723.94             0.00         0.00   5,335,498.22

- -------------------------------------------------------------------------------
          119,139.55    765,053.27             0.00         0.00  17,287,981.50
===============================================================================
_______________________________________________________________________________



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     23.873780  13.251359     0.155480    13.406839   0.000000     10.622421
A-3   1000.000000   0.000000     6.512592     6.512592   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      737.233040  11.084549     4.801299    15.885848   0.000000    726.148489

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:06                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S10 (POOL # 4060)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4060 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,109.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,282.71

SUBSERVICER ADVANCES THIS MONTH                                        7,326.45
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     164,570.09

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        437,322.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      17,287,981.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           84

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                      532,877.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          69.79494000 %    30.20506010 %
CURRENT PREPAYMENT PERCENTAGE                91.12309420 %     8.87690580 %
PERCENTAGE FOR NEXT DISTRIBUTION             69.13752930 %    30.86247070 %

CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1638 %

      BANKRUPTCY AMOUNT AVAILABLE                         210,276.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,521,802.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.63958104
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              109.04

POOL TRADING FACTOR:                                                12.35254912



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


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


Run:        07/23/97     15:30:07                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    22,228,595.00     8.500000  %    224,035.59
A-10  760920XQ6     6,395,000.00     3,660,877.28     8.500000  %     36,896.92
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     0.175888  %          0.00
R     760920XW3           100.00             0.00     8.500000  %          0.00
M     760920XV5     7,292,000.00     6,323,281.37     8.500000  %      6,433.30
B                  15,395,727.87    12,732,591.87     8.500000  %     12,954.11

- -------------------------------------------------------------------------------
                  324,107,827.87    44,945,345.52                    280,319.92
===============================================================================
_______________________________________________________________________________
                                                                      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             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       156,672.12    380,707.71             0.00         0.00  22,004,559.41
A-10       25,802.68     62,699.60             0.00         0.00   3,623,980.36
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        6,555.15      6,555.15             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          44,567.90     51,001.20             0.00         0.00   6,316,848.07
B          89,742.16    102,696.27             0.00         0.00  12,719,637.76

- -------------------------------------------------------------------------------
          323,340.01    603,659.93             0.00         0.00  44,665,025.60
===============================================================================










































Run:        07/23/97     15:30:07
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    572.459310   5.769652     4.034822     9.804474   0.000000    566.689658
A-10   572.459309   5.769652     4.034821     9.804473   0.000000    566.689657
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      867.153232   0.882241     6.111890     6.994131   0.000000    866.270992
B      827.021105   0.841409     5.829030     6.670439   0.000000    826.179695

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:08                                        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                       12,331.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,572.80

SUBSERVICER ADVANCES THIS MONTH                                       17,750.48
MASTER SERVICER ADVANCES THIS MONTH                                   12,109.98


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,260,319.12

 (B)  TWO MONTHLY PAYMENTS:                                    1     211,515.34

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        733,595.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      44,665,025.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          175

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               1,476,849.88

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      234,592.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         57.60212090 %    14.06882400 %   28.32905550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            57.37943600 %    14.14271678 %   28.47784720 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1768 %

      BANKRUPTCY AMOUNT AVAILABLE                         314,749.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,916,671.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.14379295
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              284.91

POOL TRADING FACTOR:                                                13.78091541



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        07/23/97     15:30:09                                    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     7,847,137.09     7.891867  %     50,327.31
R     760920XF0           100.00             0.00     7.891867  %          0.00
B                   5,010,927.54     3,802,755.95     7.891867  %     22,625.62

- -------------------------------------------------------------------------------
                  105,493,196.54    11,649,893.04                     72,952.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          51,590.51    101,917.82             0.00         0.00   7,796,809.78
R               0.00          0.00             0.00         0.00           0.00
B          25,000.99     47,626.61             0.00         0.00   3,780,130.33

- -------------------------------------------------------------------------------
           76,591.50    149,544.43             0.00         0.00  11,576,940.11
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       78.094822   0.500858     0.513430     1.014288   0.000000     77.593964
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      758.892624   4.515256     4.989294     9.504550   0.000000    754.377368

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:09                                        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                        2,901.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,238.22

SUBSERVICER ADVANCES THIS MONTH                                        5,047.86
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     412,744.69

 (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                                                      11,576,940.11

AGGREGATE NUMBER OF 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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        3,638.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          67.35801830 %    32.64198170 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             67.34775950 %    32.65224050 %

      BANKRUPTCY AMOUNT AVAILABLE                          33,648.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,061,098.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.31584058
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              112.35

POOL TRADING FACTOR:                                                10.97411064


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

Run:        07/30/97     17:00:04                                    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     26,352,032.44      8.3529       642,144.65  
                                                                                
- --------------------------------------------------------------------------------
                 149,986,318.83     26,352,032.44                   642,144.65  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          181,760.24          0.00       823,904.89        0.00    25,709,887.79
                                                                                
          181,760.24          0.00       823,904.89        0.00    25,709,887.79
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      175.696241   4.281355     1.211845      0.000000      5.493200  171.414886
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    7,652.20 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 4,966.84 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,487.05 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    240,702.10 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3  1,088,199.52 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  25,709,887.79 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                        25,743,435.59 
                                                                                
    AGGREGATE NUMBER 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 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      610,768.87 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   4,657.10 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           26,718.68 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       8,134,018.83         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                266,496.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       684,318.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.9224% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3466% 
                                                                                
    POOL TRADING FACTOR                                             0.171414886 

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


Run:        07/23/97     15:30:10                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    14,492,531.98     8.377621  %    391,737.30
S     760920XD5             0.00             0.00     0.150000  %          0.00
R     760920XC7           100.00             0.00     8.377621  %          0.00
B                   6,546,994.01     3,246,460.41     8.377621  %     22,944.16

- -------------------------------------------------------------------------------
                   93,528,473.01    17,738,992.39                    414,681.46
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         100,968.19    492,705.49             0.00         0.00  14,100,794.68
S           2,212.78      2,212.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          22,617.81     45,561.97             0.00    18,427.83   3,205,088.43

- -------------------------------------------------------------------------------
          125,798.78    540,480.24             0.00    18,427.83  17,305,883.11
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      166.616489   4.503692     1.160802     5.664494   0.000000    162.112798
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      495.870380   3.504534     3.454685     6.959219   0.000000    489.551147

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:10                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S14 (POOL # 4063)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4063 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,424.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,234.64

SUBSERVICER ADVANCES THIS MONTH                                       21,916.21
MASTER SERVICER ADVANCES THIS MONTH                                    1,565.86


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     582,094.61

 (B)  TWO MONTHLY PAYMENTS:                                    1     217,013.33

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     323,269.32


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,590,971.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      17,305,883.11

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

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                 188,299.22

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      207,048.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          81.69873270 %    18.30126730 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             81.47977530 %    18.52022470 %

      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                          9.15509060
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              266.40

POOL TRADING FACTOR:                                                18.50333118



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1861

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        07/23/97     15:30:11                                    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     2,952,331.90     8.000000  %     21,302.61
A-6   760920ZF8     6,450,000.00     3,808,508.18     8.000000  %     27,480.37
A-7   760920ZG6    37,500,000.00             0.00     8.000000  %          0.00
A-8   760920ZH4    10,000,000.00     1,476,165.97     8.000000  %     10,651.31
A-9   760920ZJ0     9,350,000.00       177,139.92     8.000000  %      1,278.16
A-10  760920ZC5    60,000,000.00     4,029,313.19     8.000000  %     29,073.59
A-11  760920ZD3    15,000,000.00     1,007,328.27     8.000000  %      7,268.40
A-12  760920ZB7             0.00             0.00     0.246833  %          0.00
R     760920ZK7           100.00             0.00     8.000000  %          0.00
B                   8,345,599.90     6,275,936.60     8.000000  %     40,787.77

- -------------------------------------------------------------------------------
                  208,639,599.90    19,726,724.03                    137,842.21
===============================================================================
_______________________________________________________________________________
                                                                      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        19,668.63     40,971.24             0.00         0.00   2,931,029.29
A-6        25,372.54     52,852.91             0.00         0.00   3,781,027.81
A-7             0.00          0.00             0.00         0.00           0.00
A-8         9,834.32     20,485.63             0.00         0.00   1,465,514.66
A-9         1,180.12      2,458.28             0.00         0.00     175,861.76
A-10       26,843.56     55,917.15             0.00         0.00   4,000,239.60
A-11        6,710.89     13,979.29             0.00         0.00   1,000,059.87
A-12        4,054.87      4,054.87             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          41,810.71     82,598.48             0.00         0.00   6,235,148.83

- -------------------------------------------------------------------------------
          135,475.64    273,317.85             0.00         0.00  19,588,881.82
===============================================================================
_______________________________________________________________________________



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    150.629179   1.086868     1.003502     2.090370   0.000000    149.542311
A-6    590.466384   4.260522     3.933727     8.194249   0.000000    586.205862
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    147.616597   1.065131     0.983432     2.048563   0.000000    146.551466
A-9     18.945446   0.136702     0.126216     0.262918   0.000000     18.808744
A-10    67.155220   0.484560     0.447393     0.931953   0.000000     66.670660
A-11    67.155218   0.484560     0.447393     0.931953   0.000000     66.670658
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      752.005449   4.887339     5.009912     9.897251   0.000000    747.118111

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:12                                        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                        5,168.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,141.42

SUBSERVICER ADVANCES THIS MONTH                                        6,044.05
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     206,017.28

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     177,262.18


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        103,806.95

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      19,588,881.82

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                       13,766.78

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          68.18561160 %    31.81438840 %
CURRENT PREPAYMENT PERCENTAGE                90.45568350 %     9.54431650 %
PERCENTAGE FOR NEXT DISTRIBUTION             68.16996050 %    31.83003950 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2467 %

      BANKRUPTCY AMOUNT AVAILABLE                         297,165.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,549,657.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68634959
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              108.49

POOL TRADING FACTOR:                                                 9.38886090


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:        07/23/97     15:30:12                                    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             0.00     8.250000  %          0.00
A-8   760920YK8    20,625,000.00    16,628,621.46     6.072000  %    950,588.87
A-9   760920YL6     4,375,000.00     3,527,283.33    18.517713  %    201,640.06
A-10  760920XZ6    23,595,000.00     1,760,983.40     7.270000  %    100,668.07
A-11  760920YA0     6,435,000.00       480,268.17    11.843331  %     27,454.93
A-12  760920YB8             0.00             0.00     0.500000  %          0.00
A-13  760920YC6             0.00             0.00     0.226692  %          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     6,016,497.90     8.750000  %     42,725.69
B                  15,327,940.64    11,750,794.38     8.750000  %     28,164.76

- -------------------------------------------------------------------------------
                  322,682,743.64    40,164,448.64                  1,351,242.38
===============================================================================
_______________________________________________________________________________
                                                                      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        82,732.64  1,033,321.51             0.00         0.00  15,678,032.59
A-9        53,520.06    255,160.12             0.00         0.00   3,325,643.27
A-10       10,490.07    111,158.14             0.00         0.00   1,660,315.33
A-11        4,660.65     32,115.58             0.00         0.00     452,813.24
A-12        9,175.97      9,175.97             0.00         0.00           0.00
A-13        7,460.48      7,460.48             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          43,136.08     85,861.77             0.00         0.00   5,973,772.21
B          84,248.87    112,413.63             0.00         0.00  11,667,347.03

- -------------------------------------------------------------------------------
          295,424.83  1,646,667.21             0.00         0.00  38,757,923.67
===============================================================================







































Run:        07/23/97     15:30:12
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      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    806.236192  46.089157     4.011280    50.100437   0.000000    760.147035
A-9    806.236190  46.089157    12.233157    58.322314   0.000000    760.147033
A-10    74.633753   4.266500     0.444589     4.711089   0.000000     70.367253
A-11    74.633748   4.266500     0.724266     4.990766   0.000000     70.367248
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      828.649893   5.884593     5.941115    11.825708   0.000000    822.765301
B      766.625776   1.837478     5.496426     7.333904   0.000000    761.181642

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:13                                        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                       10,415.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,124.60

SUBSERVICER ADVANCES THIS MONTH                                       32,467.73
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,908,771.91

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     426,089.10


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,573,230.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      38,757,923.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          158

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                    1,121,300.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         55.76363460 %    14.97966000 %   29.25670530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            54.48383820 %    15.41303466 %   30.10312710 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2272 %

      BANKRUPTCY AMOUNT AVAILABLE                         177,277.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,931,486.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.41988753
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.95

POOL TRADING FACTOR:                                                12.01115474


LIBOR INDEX:                                                              0.0000
COFI INDEX:                                                               0.0000
TREASURY INDEX:                                                           0.0000


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

Run:        07/30/97     17:00:04                                    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      5,267,066.62      8.0000         5,167.84  
S     760920YS1            0.00              0.00      0.5700             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  32,200,599.87      5,267,066.62                     5,167.84  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          35,111.91          0.00        40,279.75        0.00     5,261,898.78
S           2,501.73          0.00         2,501.73        0.00             0.00
                                                                                
           37,613.64          0.00        42,781.48        0.00     5,261,898.78
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     163.570450   0.160489     1.090412      0.000000      1.250901  163.409961
S       0.000000   0.000000     0.077692      0.000000      0.077692    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    1,611.67 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   526.24 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,216.47 
    MASTER SERVICER ADVANCES THIS MONTH                                1,977.09 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    212,389.99 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    581,112.78 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,261,898.78 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         5,039,487.83 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  19      
                                                                                
    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             234,123.76 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     267.60 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,900.24 
                                                                                
       FSA GUARANTY INSURANCE POLICY                      12,547,329.22         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                141,653.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,772,279.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.0544% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.163409961 

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

Run:        07/30/97     17:00:04                                    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      6,931,722.33      7.5503       418,111.66  
S     760920YU6            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  63,951,716.07      6,931,722.33                   418,111.66  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          42,729.83          0.00       460,841.49        0.00     6,513,610.67
S           1,414.84          0.00         1,414.84        0.00             0.00
                                                                                
           44,144.67          0.00       462,256.33        0.00     6,513,610.67
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     108.389935   6.537927     0.668158      0.000000      7.206085  101.852008
S       0.000000   0.000000     0.022124      0.000000      0.022124    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    1,480.73 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   708.28 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,946.02 
    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    257,744.59 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   6,513,610.67 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         6,521,777.09 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  24      
                                                                                
    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                      411,129.58 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     142.26 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            6,839.82 
                                                                                
       FSA GUARANTY INSURANCE POLICY                      12,547,329.22         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                141,653.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,772,279.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.1906% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5534% 
                                                                                
    POOL TRADING FACTOR                                             0.101852008 

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

Run:        07/30/97     17:00:04                                    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      9,452,089.70      7.5788       333,504.37  
S     760920YW2            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  75,606,730.04      9,452,089.70                   333,504.37  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          58,743.07          0.00       392,247.44        0.00     9,118,585.33
S           1,937.75          0.00         1,937.75        0.00             0.00
                                                                                
           60,680.82          0.00       394,185.19        0.00     9,118,585.33
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     125.016512   4.411041     0.776956      0.000000      5.187997  120.605472
S       0.000000   0.000000     0.025629      0.000000      0.025629    0.000000
                                                                                
                                                                                
Determination Date                                                              
Distribution Date                                                               
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    07/30/97    17:00:04                                         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                    2,610.37 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   973.24 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,529.96 
    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    334,050.61 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,118,585.33 
    ACTUAL UPAID PRINCIPAL BALANCE @ 06/30                         9,129,253.55 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  33      
                                                                                
    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                      323,527.68 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     543.02 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            9,433.67 
                                                                                
       FSA GUARANTY INSURANCE POLICY                      12,547,329.22         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                141,653.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,772,279.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2771% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5639% 
                                                                                
    POOL TRADING FACTOR                                             0.120605472 

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


Run:        07/23/97     15:30:13                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     5,009,035.47     7.950000  %    187,649.48
A-5   760920B31        41,703.00           250.44  1008.000000  %          9.38
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     0.387148  %          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     5,578,568.00     8.000000  %     48,098.53

- -------------------------------------------------------------------------------
                  157,858,019.23    16,075,853.91                    235,757.39
===============================================================================
_______________________________________________________________________________
                                                                      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        33,114.09    220,763.57             0.00         0.00   4,821,385.99
A-5           209.92        219.30             0.00         0.00         241.06
A-6        36,508.65     36,508.65             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        5,175.38      5,175.38             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          37,111.16     85,209.69             0.00         0.00   5,530,469.47

- -------------------------------------------------------------------------------
          112,119.20    347,876.59             0.00         0.00  15,840,096.52
===============================================================================
_______________________________________________________________________________



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    527.266892  19.752577     3.485694    23.238271   0.000000    507.514315
A-5      6.005323   0.224924     5.033691     5.258615   0.000000      5.780400
A-6   1000.000000   0.000000     6.652451     6.652451   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      785.288173   6.770772     5.224090    11.994862   0.000000    778.517402

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:14                                        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                        4,272.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,701.62

SUBSERVICER ADVANCES THIS MONTH                                        4,653.92
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     379,597.53

 (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                                                      15,840,096.52

AGGREGATE NUMBER OF 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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      138,787.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          65.29846540 %    34.70153460 %
CURRENT PREPAYMENT PERCENTAGE                89.58953960 %    10.41046040 %
PERCENTAGE FOR NEXT DISTRIBUTION             65.08563280 %    34.91436720 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3832 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,084,332.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.82571376
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              113.28

POOL TRADING FACTOR:                                                10.03439458


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


Run:        07/23/97     15:30:14                                    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-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    12,472,183.23     8.500000  %    681,006.55
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     0.166991  %          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     5,480,667.02     8.500000  %      5,456.52
B                  12,805,385.16    10,619,092.09     8.500000  %     10,572.29

- -------------------------------------------------------------------------------
                  320,111,585.16    37,675,942.34                    697,035.36
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-6        87,513.16    768,519.71             0.00         0.00  11,791,176.68
A-7        63,879.74     63,879.74             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        5,193.60      5,193.60             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          38,456.02     43,912.54             0.00         0.00   5,475,210.50
B          74,510.63     85,082.92             0.00         0.00  10,608,519.80

- -------------------------------------------------------------------------------
          269,553.15    966,588.51             0.00         0.00  36,978,906.98
===============================================================================
_______________________________________________________________________________



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    370.094458  20.207909     2.596830    22.804739   0.000000    349.886548
A-7   1000.000000   0.000000     7.016667     7.016667   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      856.086695   0.852315     6.006876     6.859191   0.000000    855.234380
B      829.267684   0.825612     5.818696     6.644308   0.000000    828.442071

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:15                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S19 (POOL # 4067)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4067 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,913.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,807.25

SUBSERVICER ADVANCES THIS MONTH                                       22,286.36
MASTER SERVICER ADVANCES THIS MONTH                                    8,935.05


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,628,471.96

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     451,222.18


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        638,679.83

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      36,978,906.98

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          141

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               1,102,153.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      659,525.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         57.26779980 %    14.54686100 %   28.18533910 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            56.50566330 %    14.80630702 %   28.68802970 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1675 %

      BANKRUPTCY AMOUNT AVAILABLE                         211,734.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,914,566.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.09168535
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              286.99

POOL TRADING FACTOR:                                                11.55188025


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


Run:        07/23/97     15:30:16                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     7,366,657.99     8.100000  %    318,569.07
A-6   760920D70     2,829,000.00       569,782.96     8.100000  %     46,291.70
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     6,894,217.04     8.100000  %          0.00
A-10  760920E53    16,830,000.00             0.00     8.100000  %          0.00
A-11  760920D96     8,130,000.00     1,857,878.41     8.100000  %     25,231.10
A-12  760920F37    10,000,000.00       744,342.33     8.100000  %     10,108.62
A-13  760920E95             0.00             0.00     0.400000  %          0.00
A-14  760920F29             0.00             0.00     0.246728  %          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     7,439,451.86     8.500000  %      7,740.50
B                  16,895,592.50    14,831,630.33     8.500000  %     15,431.82

- -------------------------------------------------------------------------------
                  375,449,692.50    48,330,960.92                    423,372.81
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        49,463.93    368,033.00             0.00         0.00   7,048,088.92
A-6         3,825.84     50,117.54             0.00         0.00     523,491.26
A-7        16,987.86     16,987.86             0.00         0.00   2,530,000.00
A-8        40,938.73     40,938.73             0.00         0.00   6,097,000.00
A-9             0.00          0.00        46,291.70         0.00   6,940,508.74
A-10            0.00          0.00             0.00         0.00           0.00
A-11       12,474.85     37,705.95             0.00         0.00   1,832,647.31
A-12        4,997.94     15,106.56             0.00         0.00     734,233.71
A-13        8,641.03      8,641.03             0.00         0.00           0.00
A-14        9,885.02      9,885.02             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          52,419.52     60,160.02             0.00         0.00   7,431,711.36
B         104,505.94    119,937.76             0.00         0.00  14,816,198.51

- -------------------------------------------------------------------------------
          304,140.66    727,513.47        46,291.70         0.00  47,953,879.81
===============================================================================











































Run:        07/23/97     15:30:16
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    191.815076   8.294989     1.287955     9.582944   0.000000    183.520086
A-6    201.407904  16.363273     1.352365    17.715638   0.000000    185.044631
A-7   1000.000000   0.000000     6.714569     6.714569   0.000000   1000.000000
A-8   1000.000000   0.000000     6.714569     6.714569   0.000000   1000.000000
A-9   1487.425467   0.000000     0.000000     0.000000   9.987422   1497.412889
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   228.521330   3.103456     1.534422     4.637878   0.000000    225.417873
A-12    74.434233   1.010862     0.499794     1.510656   0.000000     73.423371
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      880.616934   0.916252     6.204962     7.121214   0.000000    879.700682
B      877.840202   0.913364     6.185397     7.098761   0.000000    876.926838

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:16                                        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                       12,722.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,060.40

SUBSERVICER ADVANCES THIS MONTH                                       23,543.43
MASTER SERVICER ADVANCES THIS MONTH                                    2,591.20


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,106,929.17

 (B)  TWO MONTHLY PAYMENTS:                                    1     206,124.61

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,559,233.57

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      47,953,879.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          180

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                 304,825.31

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      326,794.35

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         53.91963710 %    15.39272500 %   30.68763800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            53.60561030 %    15.49762269 %   30.89676700 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2459 %

      BANKRUPTCY AMOUNT AVAILABLE                         340,194.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,917,602.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.19010311
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              286.29

POOL TRADING FACTOR:                                                12.77238489


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


Run:        07/23/97     15:30:17                                    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    32,287,567.39     6.711060  %     40,065.41
S     760920ZN1             0.00             0.00     0.150000  %          0.00
R     760920ZM3           100.00             0.00     6.711060  %          0.00
B                   7,968,810.12     1,888,245.85     6.711060  %      2,300.04

- -------------------------------------------------------------------------------
                  113,840,137.12    34,175,813.24                     42,365.45
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         180,565.92    220,631.33             0.00         0.00  32,247,501.98
S           4,271.89      4,271.89             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          10,559.88     12,859.92             0.00         0.00   1,885,945.81

- -------------------------------------------------------------------------------
          195,397.69    237,763.14             0.00         0.00  34,133,447.79
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      304.970182   0.378435     1.705524     2.083959   0.000000    304.591747
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      236.954554   0.288630     1.325151     1.613781   0.000000    236.665924

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:17                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S21 (POOL # 4069)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4069 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,311.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,726.54

SUBSERVICER ADVANCES THIS MONTH                                       19,838.66
MASTER SERVICER ADVANCES THIS MONTH                                    2,274.80


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,165,756.44

 (B)  TWO MONTHLY PAYMENTS:                                    2     287,655.24

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,533,570.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      34,133,447.79

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          121

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                 325,050.40

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                          736.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.47490590 %     5.52509410 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.47478670 %     5.52521330 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,836,592.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.37335406
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.53

POOL TRADING FACTOR:                                                29.98366714



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1301

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        07/23/97     15:35:33                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     8.500000  %          0.00
A-6   760920G51    20,500,000.00    15,635,753.17     8.500000  %    618,316.06
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       727,628.78     0.096443  %      6,628.38
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     3,851,222.21     8.500000  %     93,991.50
B                  10,804,782.23     9,546,854.73     8.500000  %     22,276.95

- -------------------------------------------------------------------------------
                  216,050,982.23    32,736,580.29                    741,212.89
===============================================================================
_______________________________________________________________________________
                                                                      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       109,622.74    727,938.80             0.00         0.00  15,017,437.11
A-7        20,858.67     20,858.67             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        2,604.16      9,232.54             0.00         0.00     721,000.40
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          27,001.04    120,992.54             0.00         0.00   3,757,230.71
B          66,933.28     89,210.23             0.00    46,564.01   9,478,013.77


B RECOURSE OBLIGATION
                  46,564.01


- -------------------------------------------------------------------------------
          227,019.89  1,014,796.79             0.00    46,564.01  31,948,803.39
===============================================================================
_______________________________________________________________________________



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    762.719667  30.161759     5.347451    35.509210   0.000000    732.557908
A-7   1000.000000   0.000000     7.011032     7.011032   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   198.703666   1.810104     0.711154     2.521258   0.000000    196.893562
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      891.486623  21.757292     6.250241    28.007533   0.000000    869.729331
B      883.576784   2.061768     6.194783     8.256551   0.000000    877.205442
B RECOURSE OBLIGATION                          4.309574
_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:34                                        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                        8,090.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,381.47

SUBSERVICER ADVANCES THIS MONTH                                        8,295.12
MASTER SERVICER ADVANCES THIS MONTH                                    2,309.13


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      80,001.27

 (B)  TWO MONTHLY PAYMENTS:                                    1     225,203.83

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        721,853.61

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      31,948,803.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          131

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                 300,110.88

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      557,022.12

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         59.07307110 %    11.76427800 %   29.16265120 %
PREPAYMENT PERCENT           87.72192130 %    12.00000000 %   12.27807870 %
NEXT DISTRIBUTION            58.57358310 %    11.76016098 %   29.66625590 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0970 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,284,794.00 

LOSS AMOUNT COVERED BY LOSS OBLIGATION                                46,564.01
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.83669500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              285.40

POOL TRADING FACTOR:                                                14.78762238



COFI INDEX USED FOR THIS DISTRIBUTION                                     0.0000


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


Run:        07/23/97     15:30:18                                    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-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     6,908,543.77     8.000000  %    176,223.48
A-7   760920J90     7,108,000.00             0.00     8.000000  %          0.00
A-8   760920K23    10,000,000.00       967,523.26     8.000000  %     24,679.63
A-9   760920K31    37,500,000.00     3,774,473.01     8.000000  %     96,279.45
A-10  760920J74    17,000,000.00     5,649,127.93     8.000000  %    144,098.24
A-11  760920J66             0.00             0.00     0.349202  %          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     6,448,281.78     8.000000  %     36,242.14

- -------------------------------------------------------------------------------
                  183,771,178.70    23,747,949.75                    477,522.94
===============================================================================
_______________________________________________________________________________
                                                                      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        45,597.98    221,821.46             0.00         0.00   6,732,320.29
A-7             0.00          0.00             0.00         0.00           0.00
A-8         6,385.88     31,065.51             0.00         0.00     942,843.63
A-9        24,912.39    121,191.84             0.00         0.00   3,678,193.56
A-10       37,285.54    181,383.78             0.00         0.00   5,505,029.69
A-11        6,841.82      6,841.82             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          42,560.14     78,802.28             0.00         0.00   6,412,039.64

- -------------------------------------------------------------------------------
          163,583.75    641,106.69             0.00         0.00  23,270,426.81
===============================================================================
_______________________________________________________________________________



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-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    629.078835  16.046574     4.152065    20.198639   0.000000    613.032261
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8     96.752326   2.467963     0.638588     3.106551   0.000000     94.284363
A-9    100.652614   2.567452     0.664330     3.231782   0.000000     98.085162
A-10   332.301643   8.476367     2.193267    10.669634   0.000000    323.825276
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      779.721691   4.382375     5.146343     9.528718   0.000000    775.339317

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:18                                        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                        6,115.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,542.19

SUBSERVICER ADVANCES THIS MONTH                                        4,387.29
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     152,766.07


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        193,270.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      23,270,426.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          105

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                      344,049.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          72.84699590 %    27.15300420 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             72.44554350 %    27.55445650 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3445 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              274,520.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,691,525.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.78145661
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              113.88

POOL TRADING FACTOR:                                                12.66271837


                                                  PAC         COMPANION
ENDING A-7 PRINCIPAL COMPONENT:                        0.00           0.00
ENDING A-8 PRINCIPAL COMPONENT:                  942,843.63           0.00
ENDING A-9 PRINCIPAL COMPONENT:                3,678,193.56           0.00
ENDING A-10 PRINCIPAL COMPONENT:               5,505,029.69           0.00


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


Run:        07/23/97     15:30:20                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    28,454,060.66     7.821275  %    430,927.82
S     760920H84             0.00             0.00     0.150000  %          0.00
R     760920H76           100.00             0.00     7.821275  %          0.00
B                   8,084,552.09     6,450,176.66     7.821275  %      6,702.03

- -------------------------------------------------------------------------------
                  134,742,525.09    34,904,237.32                    437,629.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         185,053.89    615,981.71             0.00         0.00  28,023,132.84
S           4,353.57      4,353.57             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          41,949.38     48,651.41             0.00         0.00   6,443,474.63

- -------------------------------------------------------------------------------
          231,356.84    668,986.69             0.00         0.00  34,466,607.47
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      224.652917   3.402298     1.461053     4.863351   0.000000    221.250619
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      797.839706   0.828992     5.188832     6.017824   0.000000    797.010714

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:20                                        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                       10,285.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,864.49

SUBSERVICER ADVANCES THIS MONTH                                       18,563.05
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     526,455.96

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,914,990.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      34,466,607.47

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          119

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                      401,362.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          81.52036210 %    18.47963790 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             81.30516720 %    18.69483280 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              432,604.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,913,238.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.47085740
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              289.67

POOL TRADING FACTOR:                                                25.57960632



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1633

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        07/23/97     15:30:21                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     1,023,625.67     8.500000  %     35,175.54
A-11  760920T24    20,000,000.00     9,305,687.63     8.500000  %    319,777.58
A-12  760920P44    39,837,000.00    18,535,533.93     8.500000  %    636,948.98
A-13  760920P77     4,598,000.00     6,887,101.65     8.500000  %          0.00
A-14  760920M62     2,400,000.00       110,898.33     8.500000  %     48,679.79
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     0.094391  %          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     7,653,013.32     8.500000  %      7,429.59
B                  17,878,726.36    15,044,440.60     8.500000  %     14,605.24

- -------------------------------------------------------------------------------
                  376,384,926.36    70,562,301.13                  1,062,616.72
===============================================================================
_______________________________________________________________________________
                                                                      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        7,235.25     42,410.79             0.00         0.00     988,450.13
A-11       65,774.98    385,552.56             0.00         0.00   8,985,910.05
A-12      131,013.88    767,962.86             0.00         0.00  17,898,584.95
A-13            0.00          0.00        48,679.79         0.00   6,935,781.44
A-14          783.86     49,463.65             0.00         0.00      62,218.54
A-15       26,152.54     26,152.54             0.00         0.00   3,700,000.00
A-16       28,273.02     28,273.02             0.00         0.00   4,000,000.00
A-17       30,407.63     30,407.63             0.00         0.00   4,302,000.00
A-18        5,538.53      5,538.53             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          54,093.44     61,523.03             0.00         0.00   7,645,583.73
B         106,337.95    120,943.19             0.00         0.00  15,029,835.36

- -------------------------------------------------------------------------------
          455,611.08  1,518,227.80        48,679.79         0.00  69,548,364.20
===============================================================================




























Run:        07/23/97     15:30:21
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   465.284395  15.988882     3.288750    19.277632   0.000000    449.295514
A-11   465.284382  15.988879     3.288749    19.277628   0.000000    449.295503
A-12   465.284382  15.988879     3.288749    19.277628   0.000000    449.295503
A-13  1497.847249   0.000000     0.000000     0.000000  10.587166   1508.434415
A-14    46.207638  20.283246     0.326608    20.609854   0.000000     25.924392
A-15  1000.000000   0.000000     7.068254     7.068254   0.000000   1000.000000
A-16  1000.000000   0.000000     7.068255     7.068255   0.000000   1000.000000
A-17  1000.000000   0.000000     7.068254     7.068254   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      903.650174   0.877269     6.387229     7.264498   0.000000    902.772905
B      841.471607   0.816907     5.947736     6.764643   0.000000    840.654701

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:22                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S26 (POOL # 4075)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4075 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,317.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,344.88

SUBSERVICER ADVANCES THIS MONTH                                       14,495.51
MASTER SERVICER ADVANCES THIS MONTH                                    6,663.07


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     795,615.00

 (B)  TWO MONTHLY PAYMENTS:                                    2     289,406.18

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        701,705.63

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      69,548,364.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          258

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                 829,624.32

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      945,434.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         67.83345560 %    10.84575400 %   21.32079080 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            67.39618630 %    10.99318987 %   21.61062380 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0931 %

      BANKRUPTCY AMOUNT AVAILABLE                         323,353.00
      FRAUD AMOUNT AVAILABLE                              826,424.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,060,680.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.03352603
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.46

POOL TRADING FACTOR:                                                18.47798871


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


Run:        07/23/97     15:30:23                                    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-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     4,614,374.68     8.000000  %    111,792.04
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     0.169013  %          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     5,898,079.20     8.000000  %     33,512.35

- -------------------------------------------------------------------------------
                  157,499,405.19    23,533,453.88                    145,304.39
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7        30,747.45    142,539.49             0.00         0.00   4,502,582.64
A-8        86,764.19     86,764.19             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        3,312.93      3,312.93             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          39,301.28     72,813.63             0.00         0.00   5,864,566.85

- -------------------------------------------------------------------------------
          160,125.85    305,430.24             0.00         0.00  23,388,149.49
===============================================================================
_______________________________________________________________________________



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    279.930519   6.781851     1.865291     8.647142   0.000000    273.148668
A-8   1000.000000   0.000000     6.663405     6.663405   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      788.365160   4.479418     5.253196     9.732614   0.000000    783.885741

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:24                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S27 (POOL # 4076)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4076 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,699.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,529.80

SUBSERVICER ADVANCES THIS MONTH                                       10,118.22
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     239,981.07

 (B)  TWO MONTHLY PAYMENTS:                                    1      78,901.65

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        522,125.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      23,388,149.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          127

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                       11,589.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          74.93746890 %    25.06253110 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             74.92504970 %    25.07495030 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1690 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              149,990.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,285,229.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.63582790
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              115.62

POOL TRADING FACTOR:                                                14.84967480


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


Run:        07/23/97     15:30:24                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     8.000000  %          0.00
A-9   760920S90       833,000.00             0.00     8.000000  %          0.00
A-10  760920S25    47,400,000.00    40,991,570.37     8.000000  %    713,850.17
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     0.267303  %          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     6,632,887.99     8.000000  %      7,027.07
B                  16,432,384.46    14,765,639.19     8.000000  %     15,643.14

- -------------------------------------------------------------------------------
                  365,162,840.46    67,993,097.55                    736,520.38
===============================================================================
_______________________________________________________________________________
                                                                      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      272,168.47    986,018.64             0.00         0.00  40,277,720.20
A-11       37,201.79     37,201.79             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       15,084.19     15,084.19             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          44,039.86     51,066.93             0.00         0.00   6,625,860.92
B          98,038.23    113,681.37             0.00         0.00  14,749,996.05

- -------------------------------------------------------------------------------
          466,532.54  1,203,052.92             0.00         0.00  67,256,577.17
===============================================================================











































Run:        07/23/97     15:30:24
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      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   864.801063  15.060130     5.741951    20.802081   0.000000    849.740933
A-11  1000.000000   0.000000     6.639620     6.639620   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      908.209707   0.962183     6.030168     6.992351   0.000000    907.247524
B      898.569482   0.951970     5.966160     6.918130   0.000000    897.617512

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:25                                        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                       16,864.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,147.04

SUBSERVICER ADVANCES THIS MONTH                                       15,100.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,652,275.41

 (B)  TWO MONTHLY PAYMENTS:                                    1     117,604.56

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        145,537.75

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      67,256,577.17

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          263

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                      664,486.56

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         68.52838310 %     9.75523700 %   21.71637960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            68.21744750 %     9.85161779 %   21.93093470 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2673 %

      BANKRUPTCY AMOUNT AVAILABLE                         233,273.00
      FRAUD AMOUNT AVAILABLE                              777,254.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,922,399.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.69140733
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              288.72

POOL TRADING FACTOR:                                                18.41824242


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


Run:        07/23/97     15:30:26                                    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    15,883,303.82     7.254596  %    634,221.75
S     760920U30             0.00             0.00     0.250000  %          0.00
R     760920U48           100.00             0.00     7.254596  %          0.00
B                   6,095,852.88     4,039,422.01     7.254596  %      4,483.71

- -------------------------------------------------------------------------------
                  116,111,466.88    19,922,725.83                    638,705.46
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          94,297.14    728,518.89             0.00         0.00  15,249,082.07
S           4,075.99      4,075.99             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          23,981.53     28,465.24             0.00         0.00   4,034,938.30

- -------------------------------------------------------------------------------
          122,354.66    761,060.12             0.00         0.00  19,284,020.37
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      144.373309   5.764839     0.857126     6.621965   0.000000    138.608470
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      662.650836   0.735534     3.934073     4.669607   0.000000    661.915302

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:26                                        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                        6,124.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,078.02

SPREAD                                                                 1,108.88

SUBSERVICER ADVANCES THIS MONTH                                        9,094.72
MASTER SERVICER ADVANCES THIS MONTH                                    3,062.16


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     310,970.19

 (B)  TWO MONTHLY PAYMENTS:                                    1     187,483.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        706,028.30

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      19,284,020.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           63

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                 401,058.85

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      616,591.48

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          79.72455150 %    20.27544850 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             79.07625990 %    20.92374010 %

      BANKRUPTCY AMOUNT AVAILABLE                         302,045.00
      FRAUD AMOUNT AVAILABLE                              244,969.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,920,609.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07921336
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.66

POOL TRADING FACTOR:                                                16.60819632


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


Run:        07/23/97     15:30:28                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     7.000000  %          0.00
A-4   760920X52    24,469,000.00    18,247,500.29     7.500000  %  1,242,542.59
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             0.00     7.500000  %          0.00
A-8   760920Y51    15,000,000.00     4,768,694.37     7.500000  %    149,649.48
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             0.00  3123.270000  %          0.00
A-12  760920X78        10,000.00             0.00  1595.300000  %          0.00
A-13  760920X94             0.00             0.00     0.202785  %          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     9,302,709.84     7.500000  %     52,103.12

- -------------------------------------------------------------------------------
                  261,801,192.58    53,254,904.50                  1,444,295.19
===============================================================================
_______________________________________________________________________________
                                                                      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       113,007.48  1,355,550.07             0.00         0.00  17,004,957.70
A-5       129,657.46    129,657.46             0.00         0.00  20,936,000.00
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        29,532.71    179,182.19             0.00         0.00   4,619,044.89
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            0.00          0.00             0.00         0.00           0.00
A-13        8,917.38      8,917.38             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          57,612.05    109,715.17             0.00         0.00   9,250,606.72

- -------------------------------------------------------------------------------
          338,727.08  1,783,022.27             0.00         0.00  51,810,609.31
===============================================================================















































Run:        07/23/97     15:30:28
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      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4    745.739519  50.780277     4.618394    55.398671   0.000000    694.959242
A-5   1000.000000   0.000000     6.193039     6.193039   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    317.912958   9.976632     1.968847    11.945479   0.000000    307.936326
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
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      788.298931   4.415148     4.881966     9.297114   0.000000    783.883784

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:29                                        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                       12,657.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,577.75

SUBSERVICER ADVANCES THIS MONTH                                        2,418.39
MASTER SERVICER ADVANCES THIS MONTH                                    2,262.54


                                                          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     205,176.71


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      51,810,609.31

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          230

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                 194,669.07

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,146,022.19

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.53173130 %    17.46826880 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             82.14534270 %    17.85465730 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2022 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              302,240.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,468,262.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.11500450
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              116.37

POOL TRADING FACTOR:                                                19.79005856


                                   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:                   0.00            0.00           0.00
CLASS A-7 ENDING BAL:                  0.00            0.00           0.00
CLASS A-8 PRIN DIST:             149,649.48          N/A              0.00
CLASS A-8 ENDING BAL:          4,619,044.89          N/A              0.00


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


Run:        07/23/97     15:30:30                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     7.750000  %          0.00
A-10  760920W20    65,701,000.00    54,989,569.85     7.750000  %  1,886,819.04
A-11  760920U55     2,522,000.00             0.00     7.750000  %          0.00
A-12  760920U63     2,475,000.00     1,949,775.92     7.750000  %     64,186.80
A-13  760920U89    10,958,000.00    10,958,000.00     7.750000  %          0.00
A-14  760920W46     6,968,000.00    10,015,224.08     7.750000  %          0.00
A-15  760920V54    23,788,000.00             0.00     7.750000  %          0.00
A-16  760920W53    16,332,000.00     8,656,880.28     7.750000  %    209,644.82
A-17  760920W38             0.00             0.00     0.323362  %          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     7,851,066.52     7.750000  %      8,178.46
B                  20,436,665.48    18,644,124.30     7.750000  %     19,421.60

- -------------------------------------------------------------------------------
                  430,245,573.48   113,064,640.95                  2,188,250.72
===============================================================================
_______________________________________________________________________________
                                                                      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      352,423.92  2,239,242.96             0.00         0.00  53,102,750.81
A-11            0.00          0.00             0.00         0.00           0.00
A-12       12,495.96     76,682.76             0.00         0.00   1,885,589.12
A-13       70,228.98     70,228.98             0.00         0.00  10,958,000.00
A-14            0.00          0.00        64,186.80         0.00  10,079,410.88
A-15            0.00          0.00             0.00         0.00           0.00
A-16       55,481.28    265,126.10             0.00         0.00   8,447,235.46
A-17       30,234.25     30,234.25             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          50,316.88     58,495.34             0.00         0.00   7,842,888.06
B         119,488.75    138,910.35             0.00         0.00  18,624,702.70

- -------------------------------------------------------------------------------
          690,670.02  2,878,920.74        64,186.80         0.00 110,940,577.03
===============================================================================




























Run:        07/23/97     15:30:30
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      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10   836.967015  28.718270     5.364057    34.082327   0.000000    808.248745
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12   787.788251  25.934061     5.048873    30.982934   0.000000    761.854190
A-13  1000.000000   0.000000     6.408923     6.408923   0.000000   1000.000000
A-14  1437.316889   0.000000     0.000000     0.000000   9.211653   1446.528542
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16   530.056348  12.836445     3.397090    16.233535   0.000000    517.219903
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      912.287991   0.950331     5.846783     6.797114   0.000000    911.337660
B      912.287982   0.950331     5.846784     6.797115   0.000000    911.337650

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:31                                        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                       33,746.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,774.48

SUBSERVICER ADVANCES THIS MONTH                                       22,237.94
MASTER SERVICER ADVANCES THIS MONTH                                    4,634.92


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     856,901.62

 (B)  TWO MONTHLY PAYMENTS:                                    1     316,624.95

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     206,524.32


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,425,964.75

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     110,940,577.03

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          415

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                 567,958.45

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,006,284.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         76.56633360 %     6.94387400 %   16.48979220 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            76.14255170 %     7.06944949 %   16.78799880 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3252 %

      BANKRUPTCY AMOUNT AVAILABLE                         129,247.00
      FRAUD AMOUNT AVAILABLE                            1,231,335.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,512,435.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.56372151
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.15

POOL TRADING FACTOR:                                                25.78540812


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


Run:        07/23/97     15:30:32                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     7.000000  %          0.00
A-4   7609203Q9    70,830,509.00             0.00     0.000000  %          0.00
A-5   7609203R7       355,932.00             0.00     0.000000  %          0.00
A-6   7609203S5    17,000,000.00             0.00     6.823529  %          0.00
A-7   7609203W6    11,800,000.00     6,270,131.28     8.000000  %    767,887.25
A-8   7609204H8    36,700,000.00    20,806,889.85     8.000000  %    401,742.34
A-9   7609204J4    15,000,000.00    13,168,917.65     8.000000  %    254,267.30
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     0.168376  %          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     6,744,953.15     8.000000  %      6,964.37
B                  15,322,642.27    13,114,819.50     8.000000  %     13,541.44

- -------------------------------------------------------------------------------
                  322,581,934.27    93,605,711.43                  1,444,402.70
===============================================================================
_______________________________________________________________________________
                                                                      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        41,310.14    809,197.39             0.00         0.00   5,502,244.03
A-8       137,084.11    538,826.45             0.00         0.00  20,405,147.51
A-9        86,762.09    341,029.39             0.00         0.00  12,914,650.35
A-10      210,828.79    210,828.79             0.00         0.00  32,000,000.00
A-11        9,882.60      9,882.60             0.00         0.00   1,500,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       12,979.95     12,979.95             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          44,438.44     51,402.81             0.00         0.00   6,737,988.78
B          86,405.70     99,947.14             0.00         0.00  13,101,278.06

- -------------------------------------------------------------------------------
          629,691.82  2,074,094.52             0.00         0.00  92,161,308.73
===============================================================================













































Run:        07/23/97     15:30:32
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      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    531.367058  65.075191     3.500859    68.576050   0.000000    466.291867
A-8    566.945228  10.946658     3.735262    14.681920   0.000000    555.998570
A-9    877.927843  16.951153     5.784139    22.735292   0.000000    860.976690
A-10  1000.000000   0.000000     6.588400     6.588400   0.000000   1000.000000
A-11  1000.000000   0.000000     6.588400     6.588400   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      929.173118   0.959400     6.121763     7.081163   0.000000    928.213719
B      855.911093   0.883755     5.639085     6.522840   0.000000    855.027340

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:33                                        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                       23,997.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,756.33

SUBSERVICER ADVANCES THIS MONTH                                       39,077.31
MASTER SERVICER ADVANCES THIS MONTH                                    4,137.23


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,973,983.19

 (B)  TWO MONTHLY PAYMENTS:                                    2     641,718.57

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     204,170.98


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,195,475.41

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      92,161,308.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          358

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                 531,355.31

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,347,752.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.78358880 %     7.20570700 %   14.01070440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.47332340 %     7.31108192 %   14.21559460 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1703 %

      BANKRUPTCY AMOUNT AVAILABLE                         180,157.00
      FRAUD AMOUNT AVAILABLE                            1,016,561.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,922,939.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.60820167
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.99

POOL TRADING FACTOR:                                                28.56989153


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


Run:        07/23/97     15:30:34                                    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-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    27,833,287.17     7.500000  %  1,064,454.73
A-7   7609203P1    15,000,000.00     9,397,211.38     7.500000  %    359,386.44
A-8   7609204B1     7,005,400.00     6,943,635.23     7.500000  %     35,938.64
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    15,334,237.46     7.500000  %          0.00
A-12  7609203Y2             0.00             0.00     0.277636  %          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    10,977,428.06     7.500000  %     12,313.42
B                  16,042,796.83    14,733,745.10     7.500000  %     16,526.89

- -------------------------------------------------------------------------------
                  427,807,906.83   155,757,544.40                  1,488,620.12
===============================================================================
_______________________________________________________________________________
                                                                      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             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       173,276.55  1,237,731.28             0.00         0.00  26,768,832.44
A-7        58,502.48    417,888.92             0.00         0.00   9,037,824.94
A-8        32,619.97     68,558.61        10,607.74         0.00   6,918,304.33
A-9       190,114.78    190,114.78             0.00         0.00  30,538,000.00
A-10      249,020.61    249,020.61             0.00         0.00  40,000,000.00
A-11            0.00          0.00        95,463.53         0.00  15,429,700.99
A-12       35,895.42     35,895.42             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
M          68,340.15     80,653.57             0.00         0.00  10,965,114.64
B          91,725.16    108,252.05             0.00         0.00  14,717,218.21

- -------------------------------------------------------------------------------
          899,495.12  2,388,115.24       106,071.27         0.00 154,374,995.55
===============================================================================















































Run:        07/23/97     15:30:34
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    626.480759  23.959096     3.900165    27.859261   0.000000    602.521663
A-7    626.480759  23.959096     3.900165    27.859261   0.000000    602.521663
A-8    991.183263   5.130134     4.656403     9.786537   1.514223    987.567353
A-9   1000.000000   0.000000     6.225515     6.225515   0.000000   1000.000000
A-10  1000.000000   0.000000     6.225515     6.225515   0.000000   1000.000000
A-11  1413.567369   0.000000     0.000000     0.000000   8.800185   1422.367554
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      933.046559   1.046602     5.808696     6.855298   0.000000    931.999958
B      918.402524   1.030174     5.717529     6.747703   0.000000    917.372349

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:36                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S34 (POOL # 4083)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4083 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       43,256.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,705.65

SUBSERVICER ADVANCES THIS MONTH                                       27,605.27
MASTER SERVICER ADVANCES THIS MONTH                                    7,114.80


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,199,387.94

 (B)  TWO MONTHLY PAYMENTS:                                    1     246,478.90

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,225,919.04

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     154,374,995.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          591

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                 961,639.11

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,207,835.12

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         83.49282330 %     7.04776700 %    9.45941020 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            83.36367050 %     7.10290847 %    9.53342100 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2777 %

      BANKRUPTCY AMOUNT AVAILABLE                         195,763.00
      FRAUD AMOUNT AVAILABLE                            1,651,979.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,016,825.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.24099017
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.80

POOL TRADING FACTOR:                                                36.08511977


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00       35,938.64
CLASS A-8 ENDING BALANCE:                     1,714,521.83    5,203,782.50


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


Run:        07/23/97     15:30:38                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     6.500000  %          0.00
A-5   7609202S6    20,800,000.00    18,930,819.68     6.500000  %  1,189,391.63
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     6.450000  %          0.00
A-8   7609202Z0     6,810,000.00     1,200,000.00     8.283333  %          0.00
A-9   7609203C0    37,200,000.00    15,000,000.00     7.000000  %          0.00
A-10  7609203A4        20,000.00         4,806.42  2775.250000  %        214.83
A-11  7609203B2             0.00             0.00     0.449113  %          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     4,630,689.58     7.000000  %     26,882.46

- -------------------------------------------------------------------------------
                  146,754,518.99    46,246,315.68                  1,216,488.92
===============================================================================
_______________________________________________________________________________
                                                                      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       100,723.32  1,290,114.95             0.00         0.00  17,741,428.05
A-6        17,942.69     17,942.69             0.00         0.00   3,680,000.00
A-7        14,783.08     14,783.08             0.00         0.00   2,800,000.00
A-8         8,136.42      8,136.42             0.00         0.00   1,200,000.00
A-9        85,948.16     85,948.16             0.00         0.00  15,000,000.00
A-10       10,918.71     11,133.54             0.00         0.00       4,591.59
A-11       17,001.23     17,001.23             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
B          26,533.29     53,415.75             0.00         0.00   4,603,807.16

- -------------------------------------------------------------------------------
          281,986.90  1,498,475.82             0.00         0.00  45,029,826.80
===============================================================================
_______________________________________________________________________________



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    910.135562  57.182290     4.842467    62.024757   0.000000    852.953272
A-6   1000.000000   0.000000     4.875731     4.875731   0.000000   1000.000000
A-7    176.211454   0.000000     0.930339     0.930339   0.000000    176.211454
A-8    176.211454   0.000000     1.194775     1.194775   0.000000    176.211454
A-9    403.225806   0.000000     2.310434     2.310434   0.000000    403.225807
A-10   240.321000  10.741500   545.935500   556.677000   0.000000    229.579500
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      784.288516   4.553016     4.493878     9.046894   0.000000    779.735507

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:40                                        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                       11,312.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,992.47

SUBSERVICER ADVANCES THIS MONTH                                        4,919.12
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     422,935.87

 (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                                                      45,029,826.80

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          206

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                      948,016.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          89.98690060 %    10.01309950 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             89.77609400 %    10.22390600 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4473 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              506,601.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,370,984.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.87099864
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              116.75

POOL TRADING FACTOR:                                                30.68377527

                                   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:        07/23/97     15:30:42                                    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    16,380,147.65     5.700000  %  1,525,235.08
A-3   7609204R6    19,990,000.00    11,805,767.93     6.400000  %    325,135.46
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     0.348718  %          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     8,080,159.51     7.000000  %     46,625.06

- -------------------------------------------------------------------------------
                  260,444,078.54    98,526,075.09                  1,896,995.60
===============================================================================
_______________________________________________________________________________
                                                                      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        77,483.81  1,602,718.89             0.00         0.00  14,854,912.57
A-3        62,703.61    387,839.07             0.00         0.00  11,480,632.47
A-4       215,801.00    215,801.00             0.00         0.00  38,524,000.00
A-5       103,549.00    103,549.00             0.00         0.00  17,825,000.00
A-6        34,338.18     34,338.18             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       31,542.84     31,542.84             0.00         0.00           0.00
A-12       28,513.02     28,513.02             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          46,939.26     93,564.32             0.00         0.00   8,033,534.45

- -------------------------------------------------------------------------------
          600,870.72  2,497,866.32             0.00         0.00  96,629,079.49
===============================================================================
_______________________________________________________________________________



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    299.055149  27.846477     1.414635    29.261112   0.000000    271.208672
A-3    590.583688  16.264905     3.136749    19.401654   0.000000    574.318783
A-4   1000.000000   0.000000     5.601729     5.601729   0.000000   1000.000000
A-5   1000.000000   0.000000     5.809201     5.809201   0.000000   1000.000000
A-6   1000.000000   0.000000     5.809200     5.809200   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      775.590190   4.475398     4.505558     8.980956   0.000000    771.114790

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:44                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S36 (POOL # 4085)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4085 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,751.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,579.85

SUBSERVICER ADVANCES THIS MONTH                                       13,313.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     858,076.22

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        270,139.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      96,629,079.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          436

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                    1,328,469.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          91.79896340 %     8.20103660 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             91.68621440 %     8.31378560 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3498 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                            1,082,486.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,345,606.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.76563891
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              117.29

POOL TRADING FACTOR:                                                37.10166114


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


Run:        07/23/97     15:30:46                                    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     3,700,509.53     7.650000  %  1,146,395.44
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     8,427,985.18     7.650000  %    126,106.60
A-12  7609206G8             0.00             0.00     0.350000  %          0.00
A-13  7609206H6             0.00             0.00     0.104203  %          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     8,646,071.21     8.000000  %     54,103.40
B                  16,935,768.50    15,562,930.33     8.000000  %     31,286.44

- -------------------------------------------------------------------------------
                  376,350,379.50   109,253,148.25                  1,357,891.88
===============================================================================
_______________________________________________________________________________
                                                                      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        23,530.18  1,169,925.62             0.00         0.00   2,554,114.09
A-9       326,140.61    326,140.61             0.00         0.00  51,291,000.00
A-10      137,503.21    137,503.21             0.00         0.00  21,624,652.00
A-11       53,590.46    179,697.06             0.00         0.00   8,301,878.58
A-12       24,740.85     24,740.85             0.00         0.00           0.00
A-13        9,462.74      9,462.74             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          57,492.48    111,595.88             0.00         0.00   8,591,967.81
B         103,486.49    134,772.93             0.00    66,099.70  15,465,544.19

- -------------------------------------------------------------------------------
          735,947.02  2,093,838.90             0.00    66,099.70 107,829,156.67
===============================================================================













































Run:        07/23/97     15:30:46
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    141.289356  43.770587     0.898407    44.668994   0.000000     97.518769
A-9   1000.000000   0.000000     6.358632     6.358632   0.000000   1000.000000
A-10  1000.000000   0.000000     6.358632     6.358632   0.000000   1000.000000
A-11   773.067802  11.567290     4.915654    16.482944   0.000000    761.500512
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      918.938535   5.750323     6.110527    11.860850   0.000000    913.188212
B      918.938537   1.847359     6.110528     7.957887   0.000000    913.188214

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:47                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S37 (POOL # 4086)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4086 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,773.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,352.89

SUBSERVICER ADVANCES THIS MONTH                                       28,561.03
MASTER SERVICER ADVANCES THIS MONTH                                    1,796.20


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,497,547.43

 (B)  TWO MONTHLY PAYMENTS:                                    3     635,587.67

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     734,829.71


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        815,838.57

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     107,829,156.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          395

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                 235,229.16

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      740,332.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.84136940 %     7.91379600 %   14.24483470 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            77.68923290 %     7.96813040 %   14.34263670 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1023 %

      BANKRUPTCY AMOUNT AVAILABLE                         148,593.00
      FRAUD AMOUNT AVAILABLE                            1,175,017.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,935,675.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.52461111
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              295.04

POOL TRADING FACTOR:                                                28.65126822


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


Run:        07/23/97     15:30:49                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    11,252,021.08     7.500000  %  1,352,423.29
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     9,929,603.65     7.500000  %          0.00
A-9   7609206B9     9,248,000.00    12,995,812.06     7.500000  %          0.00
A-10  7609205S3             0.00             0.00     0.199896  %          0.00
R     7609206D5           100.00             0.00     7.500000  %          0.00
M     7609206C7     9,625,924.00     9,108,257.80     7.500000  %      9,941.89
B                  18,182,304.74    17,022,444.71     7.500000  %     18,580.41

- -------------------------------------------------------------------------------
                  427,814,328.74   182,847,139.30                  1,380,945.59
===============================================================================
_______________________________________________________________________________
                                                                      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        70,225.27  1,422,648.56             0.00         0.00   9,899,597.79
A-6       288,227.63    288,227.63             0.00         0.00  46,182,000.00
A-7       476,553.57    476,553.57             0.00         0.00  76,357,000.00
A-8        52,955.94     52,955.94         9,015.95         0.00   9,938,619.60
A-9             0.00          0.00        81,108.49         0.00  13,076,920.55
A-10       30,415.43     30,415.43             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          56,845.77     66,787.66             0.00         0.00   9,098,315.91
B         106,239.20    124,819.61             0.00         0.00  17,003,864.30

- -------------------------------------------------------------------------------
        1,081,462.81  2,462,408.40        90,124.44         0.00 181,556,318.15
===============================================================================
_______________________________________________________________________________



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      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    160.701835  19.315366     1.002960    20.318326   0.000000    141.386469
A-6   1000.000000   0.000000     6.241125     6.241125   0.000000   1000.000000
A-7   1000.000000   0.000000     6.241125     6.241125   0.000000   1000.000000
A-8   1043.793088   0.000000     5.566692     5.566692   0.947750   1044.740839
A-9   1405.256494   0.000000     0.000000     0.000000   8.770382   1414.026876
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      946.221661   1.032824     5.905487     6.938311   0.000000    945.188837
B      936.209405   1.021895     5.843000     6.864895   0.000000    935.187510

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:50                                        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                       50,819.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    19,357.82

SUBSERVICER ADVANCES THIS MONTH                                       34,394.17
MASTER SERVICER ADVANCES THIS MONTH                                    1,848.26


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,334,476.49

 (B)  TWO MONTHLY PAYMENTS:                                    2     420,416.06

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        850,697.38

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     181,556,318.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          693

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                 253,256.59

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,091,239.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.70899030 %     4.98135100 %    9.30965880 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.62309450 %     5.01129126 %    9.36561420 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1989 %

      BANKRUPTCY AMOUNT AVAILABLE                         191,378.00
      FRAUD AMOUNT AVAILABLE                              973,092.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,106,946.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.15901709
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              293.71

POOL TRADING FACTOR:                                                42.43811064


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00            0.00
CLASS A-8 ENDING BALANCE:                     1,453,619.60    8,485,000.00


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


Run:        07/23/97     15:30:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    18,423,882.11     7.500000  %  1,184,988.15
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     0.151729  %          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     6,824,488.44     7.500000  %     37,868.41

- -------------------------------------------------------------------------------
                  183,802,829.51    44,813,370.55                  1,222,856.56
===============================================================================
_______________________________________________________________________________
                                                                      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       113,183.89  1,298,172.04             0.00         0.00  17,238,893.96
A-8       120,194.15    120,194.15             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        5,569.54      5,569.54             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          41,925.04     79,793.45             0.00         0.00   6,786,620.03

- -------------------------------------------------------------------------------
          280,872.62  1,503,729.18             0.00         0.00  43,590,513.99
===============================================================================
_______________________________________________________________________________



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      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    616.616423  39.659565     3.788075    43.447640   0.000000    576.956858
A-8   1000.000000   0.000000     6.143325     6.143325   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      781.654072   4.337320     4.801955     9.139275   0.000000    777.316751

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:54                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S39 (POOL # 4088)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4088 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,409.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,953.90

SUBSERVICER ADVANCES THIS MONTH                                       12,237.04
MASTER SERVICER ADVANCES THIS MONTH                                    2,585.55


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     472,613.12

 (B)  TWO MONTHLY PAYMENTS:                                    2     568,304.28

 (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                                                      43,590,513.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          192

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                 223,165.62

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      974,191.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.77131190 %    15.22868810 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.43097040 %    15.56902960 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1524 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              495,496.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,677,629.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.14452452
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              117.74

POOL TRADING FACTOR:                                                23.71591020


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


Run:        07/23/97     15:30:57                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    34,580,063.92     7.991533  %    671,042.87
R     7609206F0           100.00             0.00     7.991533  %          0.00
B                  11,237,146.51     8,406,923.21     7.991533  %      7,973.89

- -------------------------------------------------------------------------------
                  187,272,146.51    42,986,987.13                    679,016.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         228,064.45    899,107.32             0.00         0.00  33,909,021.05
R               0.00          0.00             0.00         0.00           0.00
B          55,445.84     63,419.73             0.00         0.00   8,398,949.32

- -------------------------------------------------------------------------------
          283,510.29    962,527.05             0.00         0.00  42,307,970.37
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      196.438683   3.811988     1.295564     5.107552   0.000000    192.626695
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      748.136834   0.709601     4.934157     5.643758   0.000000    747.427233

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:30:58                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S40 (POOL # 4089)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4089 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,126.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,357.94

SUBSERVICER ADVANCES THIS MONTH                                       24,227.02
MASTER SERVICER ADVANCES THIS MONTH                                    7,436.35


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     776,696.76

 (B)  TWO MONTHLY PAYMENTS:                                    1     256,256.40

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      2,160,509.52

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      42,307,970.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          147

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                 965,211.29

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      638,243.99

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          80.44309740 %    19.55690260 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             80.14806840 %    19.85193160 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              513,827.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,912,833.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.52469432
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.07

POOL TRADING FACTOR:                                                22.59170472



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        07/23/97     15:31:01                                    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             0.00     7.000000  %          0.00
A-8   7609208B7    14,000,000.00    10,744,984.74     7.000000  %    417,825.54
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     0.399953  %          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     4,989,311.12     7.000000  %     28,879.77

- -------------------------------------------------------------------------------
                  156,959,931.35    55,634,295.86                    446,705.31
===============================================================================
_______________________________________________________________________________
                                                                      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             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        62,580.12    480,405.66             0.00         0.00  10,327,159.20
A-9        82,120.14     82,120.14             0.00         0.00  14,100,000.00
A-10       56,493.99     56,493.99             0.00         0.00   9,700,000.00
A-11       93,768.39     93,768.39             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       18,513.31     18,513.31             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          29,058.36     57,938.13             0.00         0.00   4,960,431.35

- -------------------------------------------------------------------------------
          342,534.31    789,239.62             0.00         0.00  55,187,590.55
===============================================================================


































Run:        07/23/97     15:31:01
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      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    767.498910  29.844681     4.470009    34.314690   0.000000    737.654229
A-9   1000.000000   0.000000     5.824123     5.824123   0.000000   1000.000000
A-10  1000.000000   0.000000     5.824123     5.824123   0.000000   1000.000000
A-11  1000.000000   0.000000     5.824124     5.824124   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      794.611510   4.599472     4.627915     9.227387   0.000000    790.012038

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:04                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S41 (POOL # 4090)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4090 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,959.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,938.24

SUBSERVICER ADVANCES THIS MONTH                                       10,662.17
MASTER SERVICER ADVANCES THIS MONTH                                    5,072.31


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     924,938.14

 (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                                                      55,187,590.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          257

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                 440,036.60

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      124,675.75

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          91.03195060 %     8.96804940 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             91.01169070 %     8.98830930 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                0.400011 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              600,266.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,273,775.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.85021342
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              117.61

POOL TRADING FACTOR:                                                35.16030497


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:        07/23/97     15:31:07                                    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-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    29,583,168.85     7.956837  %    328,755.52
M     760944AB4     5,352,000.00     4,099,043.14     7.956837  %     43,529.48
R     760944AC2           100.00             0.00     7.956837  %          0.00
B                   8,362,385.57     5,895,538.02     7.956837  %     67,539.55

- -------------------------------------------------------------------------------
                  133,787,485.57    39,577,750.01                    439,824.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         195,458.93    524,214.45             0.00         0.00  29,254,413.33
M          27,082.78     70,612.26             0.00         0.00   4,055,513.66
R               0.00          0.00             0.00         0.00           0.00
B          38,952.41    106,491.96             0.00         0.00   5,827,998.47

- -------------------------------------------------------------------------------
          261,494.12    701,318.67             0.00         0.00  39,137,925.46
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      246.376528   2.737964     1.627834     4.365798   0.000000    243.638564
M      765.889974   8.133311     5.060310    13.193621   0.000000    757.756663
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      705.006720   8.076588     4.658050    12.734638   0.000000    696.930131

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:08                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S42 (POOL # 4091)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4091 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,909.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,138.37

SUBSERVICER ADVANCES THIS MONTH                                       10,849.12
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     589,894.25

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     443,189.38


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        392,475.15

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      39,137,925.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          139

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                      402,884.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         74.74696980 %    10.35693800 %   14.89609190 %
PREPAYMENT PERCENT           74.74696980 %     0.00000000 %   25.25303020 %
NEXT DISTRIBUTION            74.74696980 %    10.36210686 %   14.89092330 %

      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                          8.47477538
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.75

POOL TRADING FACTOR:                                                29.25380150



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        07/23/97     15:31:10                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     7.000000  %          0.00
A-4   760944AZ1    11,666,667.00             0.00     8.000000  %          0.00
A-5   760944BA5     5,000,000.00     2,848,560.52     8.000000  %    255,406.04
A-6   760944BH0    45,000,000.00             0.00     8.500000  %          0.00
A-7   760944BB3    15,000,000.00    14,589,687.11     8.000000  %    329,438.09
A-8   760944BC1     4,612,500.00     4,612,500.00     8.000000  %          0.00
A-9   760944BD9    38,895,833.00    37,305,300.68     8.000000  %  1,277,030.13
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     0.157985  %          0.00
R     760944BF4           100.00             0.00     8.000000  %          0.00
M     760944BE7     9,408,500.00     8,732,747.93     8.000000  %      8,647.40
B                  16,938,486.28    15,591,305.45     8.000000  %     15,438.92

- -------------------------------------------------------------------------------
                  376,347,086.28   123,005,101.69                  1,885,960.58
===============================================================================
_______________________________________________________________________________
                                                                      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        18,768.17    274,174.21             0.00         0.00   2,593,154.48
A-6             0.00          0.00             0.00         0.00           0.00
A-7        96,126.37    425,564.46             0.00         0.00  14,260,249.02
A-8        30,390.16     30,390.16             0.00         0.00   4,612,500.00
A-9       245,791.64  1,522,821.77             0.00         0.00  36,028,270.55
A-10      154,000.00    154,000.00             0.00         0.00  23,100,000.00
A-11       98,829.78     98,829.78             0.00         0.00  15,000,000.00
A-12        8,071.10      8,071.10             0.00         0.00   1,225,000.00
A-13       16,004.64     16,004.64             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          57,537.04     66,184.44             0.00         0.00   8,724,100.53
B         102,725.68    118,164.60             0.00         0.00  15,575,866.53

- -------------------------------------------------------------------------------
          828,244.58  2,714,205.16             0.00         0.00 121,119,141.11
===============================================================================










































Run:        07/23/97     15:31:10
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      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    569.712104  51.081208     3.753634    54.834842   0.000000    518.630896
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7    972.645807  21.962539     6.408425    28.370964   0.000000    950.683268
A-8   1000.000000   0.000000     6.588653     6.588653   0.000000   1000.000000
A-9    959.107899  32.832055     6.319228    39.151283   0.000000    926.275844
A-10  1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-11  1000.000000   0.000000     6.588652     6.588652   0.000000   1000.000000
A-12  1000.000000   0.000000     6.588653     6.588653   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      928.176429   0.919105     6.115432     7.034537   0.000000    927.257324
B      920.466280   0.911469     6.064632     6.976101   0.000000    919.554810

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:13                                        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                       29,766.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,772.79

SUBSERVICER ADVANCES THIS MONTH                                       31,021.17
MASTER SERVICER ADVANCES THIS MONTH                                    4,385.49


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     716,320.17

 (B)  TWO MONTHLY PAYMENTS:                                    3     928,912.99

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5   1,314,128.15


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,158,573.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     121,119,141.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          438

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                 563,326.03

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,764,157.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.22516710 %     7.09950100 %   12.67533240 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            79.93713720 %     7.20290819 %   12.85995460 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1573 %

      BANKRUPTCY AMOUNT AVAILABLE                         228,480.00
      FRAUD AMOUNT AVAILABLE                            1,312,828.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,929,321.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.57741205
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.34

POOL TRADING FACTOR:                                                32.18282950


AMOUNT PAID FROM SPECIAL RESERVE ACCT FOR A-10 SHORTFALL                1,802.14
AMOUNT PAID TO CLASS R FROM EARNINGS ON RESERVE ACCOUNT                     0.00
AMOUNT ON DEPOSIT IN SPECIAL RESERVE ACCOUNT                           62,537.35


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


Run:        07/23/97     15:31:15                                    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     2,170,942.03     7.500000  %    169,736.10
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     1,212,538.00     7.500000  %     18,859.57
A-11  760944AJ7     4,175,000.00     4,175,000.00     7.500000  %          0.00
A-12  760944AE8             0.00             0.00     0.143547  %          0.00
R     760944AU2           100.00             0.00     7.500000  %          0.00
M     760944AT5     3,008,033.00     2,874,547.08     7.500000  %      3,165.48
B                   5,682,302.33     5,378,709.14     7.500000  %      5,923.10

- -------------------------------------------------------------------------------
                  133,690,335.33    62,128,636.25                    197,684.25
===============================================================================
_______________________________________________________________________________
                                                                      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        13,540.63    183,276.73             0.00         0.00   2,001,205.93
A-6        26,121.45     26,121.45             0.00         0.00   4,188,000.00
A-7        68,771.52     68,771.52             0.00         0.00  11,026,000.00
A-8       118,962.38    118,962.38             0.00         0.00  19,073,000.00
A-9        75,033.07     75,033.07             0.00         0.00  12,029,900.00
A-10        7,562.86     26,422.43             0.00         0.00   1,193,678.43
A-11       26,040.37     26,040.37             0.00         0.00   4,175,000.00
A-12        7,416.78      7,416.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          17,929.17     21,094.65             0.00         0.00   2,871,381.60
B          33,548.15     39,471.25             0.00         0.00   5,372,786.04

- -------------------------------------------------------------------------------
          394,926.38    592,610.63             0.00         0.00  61,930,952.00
===============================================================================
_______________________________________________________________________________



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      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    145.612853  11.384808     0.908219    12.293027   0.000000    134.228046
A-6   1000.000000   0.000000     6.237213     6.237213   0.000000   1000.000000
A-7   1000.000000   0.000000     6.237214     6.237214   0.000000   1000.000000
A-8   1000.000000   0.000000     6.237214     6.237214   0.000000   1000.000000
A-9   1000.000000   0.000000     6.237215     6.237215   0.000000   1000.000000
A-10   145.650210   2.265414     0.908452     3.173866   0.000000    143.384796
A-11  1000.000000   0.000000     6.237214     6.237214   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      955.623519   1.052342     5.960430     7.012772   0.000000    954.571177
B      946.572151   1.042375     5.903973     6.946348   0.000000    945.529774

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:17                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S44 (POOL # 4093)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4093 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,798.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,512.53

SUBSERVICER ADVANCES THIS MONTH                                        1,947.18
MASTER SERVICER ADVANCES THIS MONTH                                    2,687.75


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     266,698.60

 (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                                                      61,930,952.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          234

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                 370,459.96

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      129,267.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.71585810 %     4.62676700 %    8.65737520 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.68813030 %     4.63642413 %    8.67544560 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1433 %

      BANKRUPTCY AMOUNT AVAILABLE                         131,657.00
      FRAUD AMOUNT AVAILABLE                              331,785.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,922,460.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.09644227
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.03

POOL TRADING FACTOR:                                                46.32418031


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


Run:        07/23/97     15:31:19                                    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    37,565,975.16     7.857768  %  1,099,074.71
R     760944CB2           100.00             0.00     7.857768  %          0.00
B                   3,851,896.47     3,114,800.76     7.857768  %     16,790.05

- -------------------------------------------------------------------------------
                  154,075,839.47    40,680,775.92                  1,115,864.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         243,810.04  1,342,884.75             0.00         0.00  36,466,900.45
R               0.00          0.00             0.00         0.00           0.00
B          20,215.62     37,005.67             0.00         0.00   3,098,010.71

- -------------------------------------------------------------------------------
          264,025.66  1,379,890.42             0.00         0.00  39,564,911.16
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      250.066663   7.316247     1.622978     8.939225   0.000000    242.750417
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      808.640830   4.358905     5.248225     9.607130   0.000000    804.281926

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:20                                        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                        8,646.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,275.76

SUBSERVICER ADVANCES THIS MONTH                                        7,344.96
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     642,413.13

 (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                                                      39,564,911.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          211

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                      896,578.77

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.34331040 %     7.65668970 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.16980240 %     7.83019760 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              221,072.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,081,232.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.23866401
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.49

POOL TRADING FACTOR:                                                25.67885484


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


Run:        07/23/97     15:31:21                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     8.000000  %          0.00
A-4   760944CF3    31,377,195.00    23,233,779.82     8.000000  %    700,677.79
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     0.229245  %          0.00
R     760944CM8           100.00             0.00     8.000000  %          0.00
M-1   760944CJ5     6,417,561.00     5,937,648.08     8.000000  %     21,759.44
M-2   760944CK2     4,813,170.00     4,576,029.15     8.000000  %     16,769.57
M-3   760944CL0     3,208,780.00     3,084,101.33     8.000000  %          0.00
B-1                 4,813,170.00     4,760,192.39     8.000000  %          0.00
B-2                 1,604,363.09       700,085.86     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  320,878,029.09    83,465,716.63                    739,206.80
===============================================================================
_______________________________________________________________________________
                                                                      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       154,083.13    854,760.92             0.00         0.00  22,533,102.03
A-5       273,059.31    273,059.31             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        15,861.85     15,861.85             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        39,377.64     61,137.08             0.00         0.00   5,915,888.64
M-2        60,724.21     77,493.78             0.00         0.00   4,559,259.58
M-3         4,518.05      4,518.05             0.00         0.00   3,084,101.33
B-1             0.00          0.00             0.00         0.00   4,760,192.39
B-2             0.00          0.00             0.00         0.00     668,773.64

- -------------------------------------------------------------------------------
          547,624.19  1,286,830.99             0.00         0.00  82,695,197.61
===============================================================================
_______________________________________________________________________________



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    740.467076  22.330798     4.910673    27.241471   0.000000    718.136278
A-5   1000.000000   0.000000     6.631858     6.631858   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    925.218799   3.390609     6.135920     9.526529   0.000000    921.828190
M-2    950.730839   3.484101    12.616261    16.100362   0.000000    947.246738
M-3    961.144525   0.000000     1.408027     1.408027   0.000000    961.144525
B-1    988.993198   0.000000     0.000000     0.000000   0.000000    988.993198
B-2    436.363729   0.000000     0.000000     0.000000   0.000000    416.846812

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:24                                        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                       22,608.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,079.81

SUBSERVICER ADVANCES THIS MONTH                                       21,070.29
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,562,324.97

 (B)  TWO MONTHLY PAYMENTS:                                    1      91,863.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     356,927.47


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        679,880.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      82,695,197.61

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          352

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                      464,645.88

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.16660500 %    16.29145400 %    6.54194140 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            77.03830920 %    16.39665899 %    6.56503180 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2287 %

      BANKRUPTCY AMOUNT AVAILABLE                         117,703.00
      FRAUD AMOUNT AVAILABLE                              453,771.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,967,958.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68128456
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.54

POOL TRADING FACTOR:                                                25.77153626


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


Run:        07/23/97     15:31:26                                    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     3,967,280.59     7.500000  %     32,383.13
A-4   760944BV9    37,600,000.00    17,725,732.81     7.500000  %     26,330.21
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     0.181166  %          0.00
R     760944BZ0           100.00             0.00     7.500000  %          0.00
M     760944BY3     2,674,000.00     2,561,030.35     7.500000  %      2,797.77
B-1                 3,744,527.00     3,586,330.29     7.500000  %          0.00
B-2                   534,817.23       411,283.03     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  106,963,444.23    47,251,657.07                     61,511.11
===============================================================================
_______________________________________________________________________________
                                                                      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        24,788.02     57,171.15             0.00         0.00   3,934,897.46
A-4       110,752.42    137,082.63             0.00         0.00  17,699,402.60
A-5        62,481.15     62,481.15             0.00         0.00  10,000,000.00
A-6        56,233.04     56,233.04             0.00         0.00   9,000,000.00
A-7         7,131.52      7,131.52             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          31,763.99     34,561.76             0.00         0.00   2,558,232.58
B-1        13,582.32     13,582.32             0.00         0.00   3,586,330.29
B-2             0.00          0.00             0.00         0.00     406,915.88

- -------------------------------------------------------------------------------
          306,732.46    368,243.57             0.00         0.00  47,185,778.81
===============================================================================
_______________________________________________________________________________



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    370.773887   3.026461     2.316637     5.343098   0.000000    367.747426
A-4    471.429064   0.700272     2.945543     3.645815   0.000000    470.728793
A-5   1000.000000   0.000000     6.248115     6.248115   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248116     6.248116   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      957.752562   1.046286    11.878829    12.925115   0.000000    956.706275
B-1    957.752552   0.000000     3.627246     3.627246   0.000000    957.752552
B-2    769.016043   0.000000     0.000000     0.000000   0.000000    760.850356

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:28                                        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                       13,493.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,013.29

SUBSERVICER ADVANCES THIS MONTH                                        6,838.57
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     315,817.17

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     600,656.38


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      47,185,778.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          182

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                       14,258.63

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.11975940 %     5.41998000 %    8.46026060 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.11556510 %     5.42161779 %    8.46281710 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1812 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              493,785.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,754,266.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.14896363
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.46

POOL TRADING FACTOR:                                                44.11392990


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


Run:        07/23/97     15:31:30                                    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-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    30,778,205.96     7.892673  %    528,028.12
R     760944BR8           100.00             0.00     7.892673  %          0.00
B                   7,272,473.94     5,470,745.46     7.892673  %      5,442.48

- -------------------------------------------------------------------------------
                  121,207,887.94    36,248,951.42                    533,470.60
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         199,755.33    727,783.45             0.00         0.00  30,250,177.84
R               0.00          0.00             0.00         0.00           0.00
B          35,505.98     40,948.46             0.00         0.00   5,465,302.98

- -------------------------------------------------------------------------------
          235,261.31    768,731.91             0.00         0.00  35,715,480.82
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      270.137545   4.634455     1.753235     6.387690   0.000000    265.503089
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      752.253704   0.748366     4.882244     5.630610   0.000000    751.505337

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:32                                        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                       11,465.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,747.55

SUBSERVICER ADVANCES THIS MONTH                                       10,402.12
MASTER SERVICER ADVANCES THIS MONTH                                    1,410.37


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     451,961.18

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        934,882.18

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      35,715,480.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          136

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                 188,227.10

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      497,408.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.90785180 %    15.09214820 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.69766370 %    15.30233630 %

      BANKRUPTCY AMOUNT AVAILABLE                         167,284.00
      FRAUD AMOUNT AVAILABLE                              411,026.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,807,122.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.41567415
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.05

POOL TRADING FACTOR:                                                29.46630077



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        07/23/97     15:31:36                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    40,814,961.68     6.909026  %  2,512,647.96
R     760944BK3           100.00             0.00     6.909026  %          0.00
B                  11,897,842.91     9,552,211.43     6.909026  %      3,874.35

- -------------------------------------------------------------------------------
                  153,520,242.91    50,367,173.11                  2,516,522.31
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         229,757.35  2,742,405.31             0.00         0.00  38,302,313.72
R               0.00          0.00             0.00         0.00           0.00
B          53,771.72     57,646.07             0.00         0.00   9,513,860.79

- -------------------------------------------------------------------------------
          283,529.07  2,800,051.38             0.00         0.00  47,816,174.51
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      288.195868  17.741895     1.622325    19.364220   0.000000    270.453973
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      802.852374   0.325635     4.519452     4.845087   0.000000    799.629047

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:37                                        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                       14,445.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,434.26

SPREAD                                                                 9,827.20

SUBSERVICER ADVANCES THIS MONTH                                       13,124.58
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     245,614.12

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     651,490.16


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        976,745.47

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      47,816,174.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          165

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                    2,348,782.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          81.03484700 %    18.96515300 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             80.10325820 %    19.89674180 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              551,161.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,837,058.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.63234023
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.11

POOL TRADING FACTOR:                                                31.14649482


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


Run:        07/23/97     15:31:38                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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       758,658.79     8.000000  %    200,991.48
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    24,636,563.20     8.000000  %    447,368.13
A-6   760944EU8    23,596,900.00    23,596,900.00     8.000000  %          0.00
A-7   760944EW4     5,326,000.00     7,498,604.77     8.000000  %          0.00
A-8   760944ER5    18,394,000.00             0.00     8.000000  %          0.00
A-9   760944EX2     7,607,000.00     7,399,711.87     8.000000  %     72,040.26
A-10  760944EV6    40,000,000.00    11,383,734.24     8.000000  %    110,826.91
A-11  760944EF1     2,607,000.00       434,395.23     8.000000  %     49,691.58
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     0.221975  %          0.00
R     760944FB9           100.00             0.00     8.000000  %          0.00
M-1   760944EY0     9,677,910.00     9,110,386.54     8.000000  %      9,361.55
M-2   760944EZ7     4,032,382.00     3,856,894.39     8.000000  %      3,963.23
M-3   760944FA1     2,419,429.00     2,335,413.03     8.000000  %      2,399.80
B-1                 5,000,153.00     4,932,222.55     8.000000  %          0.00
B-2                 1,451,657.66       651,686.87     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  322,590,531.66   106,267,171.48                    896,642.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         5,027.47    206,018.95             0.00         0.00     557,667.31
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       163,260.99    610,629.12             0.00         0.00  24,189,195.07
A-6       156,371.38    156,371.38             0.00         0.00  23,596,900.00
A-7             0.00          0.00        49,691.58         0.00   7,548,296.35
A-8             0.00          0.00             0.00         0.00           0.00
A-9        49,036.23    121,076.49             0.00         0.00   7,327,671.61
A-10       75,437.46    186,264.37             0.00         0.00  11,272,907.33
A-11        2,878.64     52,570.22             0.00         0.00     384,703.65
A-12       25,745.03     25,745.03             0.00         0.00   3,885,000.00
A-13       38,349.15     38,349.15             0.00         0.00   5,787,000.00
A-14       19,539.57     19,539.57             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        60,372.49     69,734.04             0.00         0.00   9,101,024.99
M-2        25,558.78     29,522.01             0.00         0.00   3,852,931.16
M-3        15,476.26     17,876.06             0.00         0.00   2,333,013.23
B-1        42,741.16     42,741.16             0.00         0.00   4,932,222.55
B-2             0.00          0.00             0.00         0.00     645,949.01

- -------------------------------------------------------------------------------
          679,794.61  1,576,437.55        49,691.58         0.00 105,414,482.26
===============================================================================







































Run:        07/23/97     15:31:38
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     14.407832   3.817067     0.095478     3.912545   0.000000     10.590765
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    637.212922  11.570963     4.222667    15.793630   0.000000    625.641959
A-6   1000.000000   0.000000     6.626776     6.626776   0.000000   1000.000000
A-7   1407.924290   0.000000     0.000000     0.000000   9.330000   1417.254290
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    972.750344   9.470259     6.446198    15.916457   0.000000    963.280085
A-10   284.593356   2.770673     1.885937     4.656610   0.000000    281.822683
A-11   166.626479  19.060829     1.104196    20.165025   0.000000    147.565650
A-12  1000.000000   0.000000     6.626777     6.626777   0.000000   1000.000000
A-13  1000.000000   0.000000     6.626776     6.626776   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    941.358882   0.967311     6.238174     7.205485   0.000000    940.391571
M-2    956.480410   0.982851     6.338383     7.321234   0.000000    955.497560
M-3    965.274464   0.991887     6.396658     7.388545   0.000000    964.282577
B-1    986.414326   0.000000     8.547970     8.547970   0.000000    986.414326
B-2    448.926002   0.000000     0.000000     0.000000   0.000000    444.973376

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:39                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S6 (POOL # 4099)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4099 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       31,964.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,176.53

SUBSERVICER ADVANCES THIS MONTH                                       43,174.38
MASTER SERVICER ADVANCES THIS MONTH                                      683.24


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   3,091,732.25

 (B)  TWO MONTHLY PAYMENTS:                                    2     557,946.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      1,846,112.06

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     105,414,482.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          404

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                  87,491.51

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      743,492.37

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.34519680 %    14.40020800 %    5.25459490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.20657080 %    14.50177343 %    5.29165580 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2215 %

      BANKRUPTCY AMOUNT AVAILABLE                         164,976.00
      FRAUD AMOUNT AVAILABLE                              550,741.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,959,268.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.71005987
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.50

POOL TRADING FACTOR:                                                32.67748800


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


Run:        07/23/97     15:31:41                                    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-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     3,325,720.20     6.400000  %     70,265.55
A-4   760944DE5             0.00             0.00     3.600000  %          0.00
A-5   760944DR6    28,033,649.00             0.00     6.500000  %          0.00
A-6   760944DW5    56,309,467.00    23,755,145.64     7.150000  %    501,896.79
A-7   760944DY1     1,986,000.00       837,829.26     7.500000  %     17,701.59
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     3,837,829.26     7.500000  %     17,701.59
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     0.328095  %          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     2,754,608.41     7.500000  %     14,990.39
M-2   760944EB0     6,051,700.00     5,039,263.04     7.500000  %     27,423.33
B                   1,344,847.83       863,334.47     7.500000  %      4,698.20

- -------------------------------------------------------------------------------
                  268,959,047.83    71,495,730.28                    654,677.44
===============================================================================
_______________________________________________________________________________
                                                                      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        17,692.35     87,957.90             0.00         0.00   3,255,454.65
A-4         9,951.95      9,951.95             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       141,183.39    643,080.18             0.00         0.00  23,253,248.85
A-7         5,223.20     22,924.79             0.00         0.00     820,127.67
A-8       193,771.57    193,771.57             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       23,925.81     41,627.40             0.00         0.00   3,820,127.67
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       19,498.45     19,498.45             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        17,172.79     32,163.18             0.00         0.00   2,739,618.02
M-2        31,415.80     58,839.13             0.00         0.00   5,011,839.71
B           5,382.20     10,080.40             0.00         0.00     858,636.27

- -------------------------------------------------------------------------------
          465,217.51  1,119,894.95             0.00         0.00  70,841,052.84
===============================================================================









































Run:        07/23/97     15:31:41
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     78.886330   1.666704     0.419664     2.086368   0.000000     77.219626
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    421.867705   8.913187     2.507276    11.420463   0.000000    412.954519
A-7    421.867704   8.913187     2.630010    11.543197   0.000000    412.954517
A-8   1000.000000   0.000000     6.234205     6.234205   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   102.437722   0.472483     0.638618     1.111101   0.000000    101.965239
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    819.214397   4.458109     5.107149     9.565258   0.000000    814.756289
M-2    832.702057   4.531509     5.191236     9.722745   0.000000    828.170549
B      641.956994   3.493488     4.002088     7.495576   0.000000    638.463513

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:45                                        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                       16,272.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,637.30

SUBSERVICER ADVANCES THIS MONTH                                       22,975.51
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,436,621.13

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      92,823.83


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        522,810.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      70,841,052.84

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          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                      265,602.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.89129660 %    10.90117000 %    1.20753290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.84589770 %    10.94204196 %    1.21206030 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3268 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              379,274.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,557,063.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22526423
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.91

POOL TRADING FACTOR:                                                26.33897369


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


Run:        07/23/97     15:31:49                                    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-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    28,511,096.65     7.851553  %  1,225,755.97
R     760944DC9           100.00             0.00     7.851553  %          0.00
B                   6,746,402.77     5,131,601.91     7.851553  %     30,676.24

- -------------------------------------------------------------------------------
                  112,439,802.77    33,642,698.56                  1,256,432.21
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         184,539.78  1,410,295.75             0.00         0.00  27,285,340.68
R               0.00          0.00             0.00         0.00           0.00
B          33,214.60     63,890.84             0.00    20,145.41   5,080,780.26

- -------------------------------------------------------------------------------
          217,754.38  1,474,186.59             0.00    20,145.41  32,366,120.94
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      269.753113  11.597291     1.745993    13.343284   0.000000    258.155821
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      760.642684   4.547051     4.923305     9.470356   0.000000    753.109536

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:50                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S8 (POOL # 4101)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4101 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,519.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,578.05

SUBSERVICER ADVANCES THIS MONTH                                        6,554.94
MASTER SERVICER ADVANCES THIS MONTH                                    1,593.41


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     630,325.56

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        245,004.34

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      32,366,120.94

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

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                 215,296.05

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      943,391.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.74675890 %    15.25324110 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.30216500 %    15.69783500 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              352,929.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,906,035.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.33665567
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.92

POOL TRADING FACTOR:                                                28.78528790


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


Run:        07/23/97     15:31:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     4,694,990.81     6.000000  %    906,063.13
A-4   760944EL8        10,000.00         1,584.80  2969.500000  %        305.84
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     6.500000  %          0.00
A-8   760944EJ3    15,077,940.00     1,425,914.27     8.166665  %          0.00
A-9   760944EK0             0.00             0.00     0.212748  %          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     3,547,665.60     7.000000  %     19,787.73
B-2                   677,492.20       545,658.46     7.000000  %      3,043.51

- -------------------------------------------------------------------------------
                  135,502,292.20    67,992,947.24                    929,200.21
===============================================================================
_______________________________________________________________________________
                                                                      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        23,425.47    929,488.60             0.00         0.00   3,788,927.68
A-4         3,913.45      4,219.29             0.00         0.00       1,278.96
A-5       195,586.88    195,586.88             0.00         0.00  33,600,000.00
A-6       121,368.64    121,368.64             0.00         0.00  20,850,000.00
A-7        17,983.98     17,983.98             0.00         0.00   3,327,133.30
A-8         9,683.69      9,683.69             0.00         0.00   1,425,914.27
A-9        12,029.07     12,029.07             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
B-1        20,651.10     40,438.83             0.00         0.00   3,527,877.87
B-2         3,176.33      6,219.84             0.00         0.00     542,614.95

- -------------------------------------------------------------------------------
          407,818.61  1,337,018.82             0.00         0.00  67,063,747.03
===============================================================================
_______________________________________________________________________________



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    263.024695  50.759839     1.312351    52.072190   0.000000    212.264856
A-4    158.480000  30.584000   391.345000   421.929000   0.000000    127.896000
A-5   1000.000000   0.000000     5.821038     5.821038   0.000000   1000.000000
A-6   1000.000000   0.000000     5.821038     5.821038   0.000000   1000.000000
A-7     94.569568   0.000000     0.511172     0.511172   0.000000     94.569568
A-8     94.569568   0.000000     0.642242     0.642242   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    805.409008   4.492311     4.688317     9.180628   0.000000    800.916698
B-2    805.409214   4.492317     4.688320     9.180637   0.000000    800.916896

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:52                                        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                       16,347.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,336.75

SUBSERVICER ADVANCES THIS MONTH                                        8,647.51
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     236,354.27

 (B)  TWO MONTHLY PAYMENTS:                                    2     442,297.59

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         99,370.22

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      67,063,747.03

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          310

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                      549,957.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          93.97978140 %     6.02021860 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             93.93041250 %     6.06958750 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2116 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              361,367.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,603,325.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.62598820
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.20

POOL TRADING FACTOR:                                                49.49270300


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


Run:        07/23/97     15:31:53                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    17,148,430.72     8.150000  %    374,804.77
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     2,465,029.58     8.500000  %     37,480.48
A-10  760944FD5             0.00             0.00     0.147663  %          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     3,083,784.14     8.500000  %      2,743.44
M-2   760944CY2     2,016,155.00     1,876,762.94     8.500000  %      1,669.63
M-3   760944EE4     1,344,103.00     1,261,846.49     8.500000  %      1,122.58
B-1                 2,016,155.00     1,982,564.84     8.500000  %          0.00
B-2                   672,055.59       110,740.36     8.500000  %          0.00

- -------------------------------------------------------------------------------
                  134,410,378.59    35,431,023.07                    417,820.90
===============================================================================
_______________________________________________________________________________
                                                                      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       115,818.76    490,623.53             0.00         0.00  16,773,625.95
A-6         4,973.82      4,973.82             0.00         0.00           0.00
A-7        50,908.72     50,908.72             0.00         0.00   7,500,864.00
A-8         1,933.99      1,933.99             0.00         0.00       1,000.00
A-9        17,363.53     54,844.01             0.00         0.00   2,427,549.10
A-10        4,335.61      4,335.61             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        21,722.00     24,465.44             0.00         0.00   3,081,040.70
M-2        13,219.81     14,889.44             0.00         0.00   1,875,093.31
M-3         8,888.38     10,010.96             0.00         0.00   1,260,723.91
B-1        16,607.40     16,607.40             0.00         0.00   1,982,564.84
B-2             0.00          0.00             0.00         0.00     108,878.07

- -------------------------------------------------------------------------------
          255,772.02    673,592.92             0.00         0.00  35,011,339.88
===============================================================================













































Run:        07/23/97     15:31:53
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    832.205703  18.189109     5.620633    23.809742   0.000000    814.016595
A-7   1000.000000   0.000000     6.787047     6.787047   0.000000   1000.000000
A-8   1000.000000   0.000000  1933.990000  1933.990000   0.000000   1000.000000
A-9    472.881317   7.190104     3.330949    10.521053   0.000000    465.691213
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    917.722158   0.816437     6.464383     7.280820   0.000000    916.905721
M-2    930.862429   0.828126     6.556941     7.385067   0.000000    930.034303
M-3    938.801930   0.835189     6.612871     7.448060   0.000000    937.966741
B-1    983.339495   0.000000     8.237164     8.237164   0.000000    983.339495
B-2    164.778571   0.000000     0.000000     0.000000   0.000000    162.007536

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:54                                        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                        8,786.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,695.41

SUBSERVICER ADVANCES THIS MONTH                                       24,161.73
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,709,761.87

 (B)  TWO MONTHLY PAYMENTS:                                    1     260,976.96

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     296,980.30


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        743,378.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      35,011,339.88

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          142

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                      388,162.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         76.52989370 %    17.56199200 %    5.90811390 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            76.26968620 %    17.75669809 %    5.97361570 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1480 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              374,095.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,590,842.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.07197799
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.18

POOL TRADING FACTOR:                                                26.04809260


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


Run:        07/31/97     12:07:10                                    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    28,480,276.77     7.470000  %    128,244.03
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    63,517,107.20                    128,244.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       176,513.20    304,757.23             0.00         0.00  28,352,032.74
A-2       217,148.99    217,148.99             0.00         0.00  35,036,830.43
S-1         2,558.56      2,558.56             0.00         0.00           0.00
S-2        12,288.45     12,288.45             0.00         0.00           0.00
S-3         1,628.48      1,628.48             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          410,137.68    538,381.71             0.00         0.00  63,388,863.17
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    860.743374   3.875847     5.334659     9.210506   0.000000    856.867527
A-2   1000.000000   0.000000     6.197735     6.197735   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-July-97     
DISTRIBUTION DATE        30-July-97     

Run:     07/31/97     12:07:10                                        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                     1,587.93

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                                                      63,388,863.17

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               2,949,653.04

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:                                                93.04796756


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


Run:        07/23/97     15:31:56                                    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     9,160,194.09    10.000000  %     48,809.77
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    31,349,553.10     7.250000  %    390,478.19
A-6   7609208K7    48,625,000.00     7,837,388.23     6.500000  %     97,619.55
A-7   7609208L5             0.00             0.00     3.500000  %          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     0.163089  %          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     8,143,348.34     8.000000  %     25,416.24
M-2   7609208S0     5,252,983.00     4,966,666.02     8.000000  %     15,501.49
M-3   7609208T8     3,501,988.00     3,341,598.05     8.000000  %     10,429.48
B-1                 5,252,983.00     5,134,940.89     8.000000  %          0.00
B-2                 1,750,995.34     1,019,721.06     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  350,198,858.34   123,368,409.78                    588,254.72
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        76,260.71    125,070.48             0.00         0.00   9,111,384.32
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       189,219.35    579,697.54             0.00         0.00  30,959,074.91
A-6        42,411.23    140,030.78             0.00         0.00   7,739,768.68
A-7        22,836.82     22,836.82             0.00         0.00           0.00
A-8        43,267.38     43,267.38             0.00         0.00   6,663,000.00
A-9       231,174.96    231,174.96             0.00         0.00  35,600,000.00
A-10       65,923.82     65,923.82             0.00         0.00  10,152,000.00
A-11       16,750.36     16,750.36             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        54,236.19     79,652.43             0.00         0.00   8,117,932.10
M-2        33,078.91     48,580.40             0.00         0.00   4,951,164.53
M-3        22,255.65     32,685.13             0.00         0.00   3,331,168.57
B-1        60,200.52     60,200.52             0.00         0.00   5,134,940.89
B-2             0.00          0.00             0.00         0.00   1,000,511.72

- -------------------------------------------------------------------------------
          857,615.90  1,445,870.62             0.00         0.00 122,760,945.72
===============================================================================











































Run:        07/23/97     15:31:56
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    309.947692   1.651545     2.580385     4.231930   0.000000    308.296147
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    529.124242   6.590572     3.193683     9.784255   0.000000    522.533671
A-6    161.180221   2.007600     0.872210     2.879810   0.000000    159.172621
A-8   1000.000000   0.000000     6.493679     6.493679   0.000000   1000.000000
A-9   1000.000000   0.000000     6.493679     6.493679   0.000000   1000.000000
A-10  1000.000000   0.000000     6.493678     6.493678   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    930.139956   2.903064     6.194902     9.097966   0.000000    927.236892
M-2    945.494402   2.950988     6.297167     9.248155   0.000000    942.543414
M-3    954.200314   2.978160     6.355147     9.333307   0.000000    951.222154
B-1    977.528557   0.000000    11.460254    11.460254   0.000000    977.528557
B-2    582.366518   0.000000     0.000000     0.000000   0.000000    571.395992

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:31:57                                        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                       36,714.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,941.83

SUBSERVICER ADVANCES THIS MONTH                                       42,878.74
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   2,998,686.78

 (B)  TWO MONTHLY PAYMENTS:                                    2     460,837.18

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,104,229.56

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     122,760,945.72

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                      222,418.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         81.67579980 %    13.33535300 %    4.98884760 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            81.64260000 %    13.35951357 %    4.99788640 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1637 %

      BANKRUPTCY AMOUNT AVAILABLE                         544,063.00
      FRAUD AMOUNT AVAILABLE                            1,256,598.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,727,761.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.64703369
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.75

POOL TRADING FACTOR:                                                35.05463904


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


Run:        07/23/97     15:31:59                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     7,847,001.28     7.500000  %    440,022.31
A-6   760944GG7    20,505,000.00     7,312,432.33     7.000000  %    410,046.24
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       611,297.11     7.500000  %    157,585.64
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    25,213,702.89     7.500000  %          0.00
A-13  760944GH5    23,529,000.00     1,462,486.49     6.450000  %     82,009.25
A-14  760944GU6             0.00             0.00     3.550000  %          0.00
A-15  760944GV4             0.00             0.00     0.162199  %          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     7,716,471.97     7.500000  %      8,353.11
M-2   760944GX0     3,698,106.00     3,511,748.25     7.500000  %      3,801.48
M-3   760944GY8     2,218,863.00     2,120,042.77     7.500000  %      2,294.95
B-1                 4,437,728.00     4,318,634.31     7.500000  %      4,674.94
B-2                 1,479,242.76     1,171,106.13     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  295,848,488.76   127,834,923.53                  1,108,787.92
===============================================================================
_______________________________________________________________________________
                                                                      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        48,805.48    488,827.79             0.00         0.00   7,406,978.97
A-6        42,448.62    452,494.86             0.00         0.00   6,902,386.09
A-7       143,996.97    143,996.97             0.00         0.00  23,152,000.00
A-8        62,196.34     62,196.34             0.00         0.00  10,000,000.00
A-9         3,802.05    161,387.69             0.00         0.00     453,711.47
A-10       21,165.42     21,165.42             0.00         0.00   3,403,000.00
A-11      186,557.92    186,557.92             0.00         0.00  29,995,000.00
A-12            0.00          0.00       157,585.64         0.00  25,371,288.53
A-13        7,822.67     89,831.92             0.00         0.00   1,380,477.24
A-14        4,305.50      4,305.50             0.00         0.00           0.00
A-15       17,214.39     17,214.39             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        48,047.84     56,400.95             0.00         0.00   7,708,118.86
M-2        21,866.46     25,667.94             0.00         0.00   3,507,946.77
M-3        13,200.79     15,495.74             0.00         0.00   2,117,747.82
B-1        31,440.47     36,115.41             0.00         0.00   4,313,959.37
B-2         4,009.99      4,009.99             0.00         0.00   1,169,838.40

- -------------------------------------------------------------------------------
          656,880.91  1,765,668.83       157,585.64         0.00 126,882,453.52
===============================================================================



































Run:        07/23/97     15:31:59
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    356.617037  19.997378     2.218028    22.215406   0.000000    336.619659
A-6    356.617036  19.997378     2.070159    22.067537   0.000000    336.619658
A-7   1000.000000   0.000000     6.219634     6.219634   0.000000   1000.000000
A-8   1000.000000   0.000000     6.219634     6.219634   0.000000   1000.000000
A-9     81.778878  21.081691     0.508635    21.590326   0.000000     60.697187
A-10  1000.000000   0.000000     6.219636     6.219636   0.000000   1000.000000
A-11  1000.000000   0.000000     6.219634     6.219634   0.000000   1000.000000
A-12  1374.043754   0.000000     0.000000     0.000000   8.587773   1382.631528
A-13    62.156764   3.485454     0.332469     3.817923   0.000000     58.671309
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    948.394909   1.026641     5.905332     6.931973   0.000000    947.368268
M-2    949.607245   1.027953     5.912881     6.940834   0.000000    948.579292
M-3    955.463573   1.034291     5.949349     6.983640   0.000000    954.429282
B-1    973.163364   1.053453     7.084812     8.138265   0.000000    972.109911
B-2    791.692994   0.000000     2.710840     2.710840   0.000000    790.835982

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:01                                        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                       46,647.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,539.11

SUBSERVICER ADVANCES THIS MONTH                                       25,034.89
MASTER SERVICER ADVANCES THIS MONTH                                      641.76


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,671,930.45

 (B)  TWO MONTHLY PAYMENTS:                                    2     340,966.55

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     197,897.30


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,167,296.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     126,882,453.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          486

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                  88,578.02

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      814,088.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.26380510 %    10.44179700 %    4.29439800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.16925650 %    10.50879226 %    4.32195120 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1628 %

      BANKRUPTCY AMOUNT AVAILABLE                         212,759.00
      FRAUD AMOUNT AVAILABLE                              656,777.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,402,248.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22801614
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.28

POOL TRADING FACTOR:                                                42.88764633


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


Run:        07/23/97     15:32:03                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     1,150,560.18     6.500000  %    422,383.45
A-6   760944FK9             0.00             0.00     2.000000  %          0.00
A-7   760944FN3     6,666,667.00       920,448.25     6.250000  %    337,906.79
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     0.278558  %          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     1,879,448.12     7.500000  %     10,060.76
M-2   760944FW3     4,582,565.00     3,775,565.78     7.500000  %          0.00
B-1                   458,256.00       377,677.17     7.500000  %          0.00
B-2                   917,329.35       582,597.71     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  183,302,633.35    58,186,298.21                    770,351.00
===============================================================================
_______________________________________________________________________________
                                                                      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         6,199.78    428,583.23             0.00         0.00     728,176.73
A-6         1,907.62      1,907.62             0.00         0.00           0.00
A-7         4,769.06    342,675.85             0.00         0.00     582,541.46
A-8       202,068.31    202,068.31             0.00         0.00  32,500,001.00
A-9        64,824.90     64,824.90             0.00         0.00  12,000,000.00
A-10       39,791.91     39,791.91             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        1,080.42      1,080.42             0.00         0.00     200,000.00
A-15       13,436.61     13,436.61             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        23,390.12     33,450.88             0.00         0.00   1,869,387.36
M-2        43,091.51     43,091.51             0.00         0.00   3,775,565.78
B-1             0.00          0.00             0.00         0.00     377,677.17
B-2             0.00          0.00             0.00         0.00     557,246.57

- -------------------------------------------------------------------------------
          400,560.24  1,170,911.24             0.00         0.00  57,390,596.07
===============================================================================





































Run:        07/23/97     15:32:03
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     63.045333  23.144644     0.339719    23.484363   0.000000     39.900690
A-7    138.067231  50.686016     0.715359    51.401375   0.000000     87.381215
A-8   1000.000000   0.000000     6.217486     6.217486   0.000000   1000.000000
A-9   1000.000000   0.000000     5.402075     5.402075   0.000000   1000.000000
A-10   120.000000   0.000000     0.994798     0.994798   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     5.402100     5.402100   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    820.260500   4.390887    10.208311    14.599198   0.000000    815.869614
M-2    823.897922   0.000000     9.403360     9.403360   0.000000    823.897922
B-1    824.161975   0.000000     0.000000     0.000000   0.000000    824.161975
B-2    635.102006   0.000000     0.000000     0.000000   0.000000    607.466195

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:06                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S13 (POOL # 4106)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4106 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,596.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,432.46

SUBSERVICER ADVANCES THIS MONTH                                        7,957.82
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     680,509.57

 (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                                                      57,390,596.07

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          268

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                      484,228.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.63084780 %     9.71880700 %    1.65034540 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.53492150 %     9.83602459 %    1.62905390 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2802 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              303,271.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,687,976.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22886744
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              121.15

POOL TRADING FACTOR:                                                31.30920436


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


Run:        07/23/97     15:32:10                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    20,639,061.94     7.500000  %    619,453.42
A-7   760944HD3    36,855,000.00    23,312,879.33     7.000000  %    699,704.41
A-8   760944HW1    29,999,000.00     4,662,221.54    10.000190  %    139,930.25
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    18,697,062.66     7.500000  %    561,187.72
A-16  760944HM3             0.00             0.00     0.295291  %          0.00
R     760944HV3         1,000.00             0.00     7.500000  %          0.00
M-1   760944HS0    13,271,500.00    12,523,063.79     7.500000  %     27,009.33
M-2   760944HT8     6,032,300.00     5,708,633.89     7.500000  %     12,312.19
M-3   760944HU5     3,619,400.00     3,451,143.89     7.500000  %      7,443.31
B-1                 4,825,900.00     4,651,804.26     7.500000  %        199.89
B-2                 2,413,000.00     2,358,480.75     7.500000  %          0.00
B-3                 2,412,994.79     1,776,373.37     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  482,582,094.79   202,897,725.42                  2,067,240.52
===============================================================================
_______________________________________________________________________________
                                                                      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       128,345.66    747,799.08             0.00         0.00  20,019,608.52
A-7       135,308.14    835,012.55             0.00         0.00  22,613,174.92
A-8        38,657.26    178,587.51             0.00         0.00   4,522,291.29
A-9       593,041.11    593,041.11             0.00         0.00  95,366,000.00
A-10       52,024.64     52,024.64             0.00         0.00   8,366,000.00
A-11        8,612.73      8,612.73             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      116,269.18    677,456.90             0.00         0.00  18,135,874.94
A-16       49,677.23     49,677.23             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        77,875.68    104,885.01             0.00         0.00  12,496,054.46
M-2        35,499.60     47,811.79             0.00         0.00   5,696,321.70
M-3        21,461.22     28,904.53             0.00         0.00   3,443,700.58
B-1        48,111.45     48,311.34             0.00         0.00   4,651,604.37
B-2             0.00          0.00             0.00         0.00   2,358,480.75
B-3             0.00          0.00             0.00         0.00   1,757,622.48

- -------------------------------------------------------------------------------
        1,304,883.90  3,372,124.42             0.00         0.00 200,811,734.01
===============================================================================

































Run:        07/23/97     15:32:10
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    632.556759  18.985332     3.933605    22.918937   0.000000    613.571427
A-7    632.556758  18.985332     3.671365    22.656697   0.000000    613.571426
A-8    155.412565   4.664497     1.288618     5.953115   0.000000    150.748068
A-9   1000.000000   0.000000     6.218580     6.218580   0.000000   1000.000000
A-10  1000.000000   0.000000     6.218580     6.218580   0.000000   1000.000000
A-11  1000.000000   0.000000     6.218578     6.218578   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   632.533667  18.985342     3.933461    22.918803   0.000000    613.548325
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    943.605756   2.035138     5.867888     7.903026   0.000000    941.570618
M-2    946.344494   2.041044     5.884920     7.925964   0.000000    944.303450
M-3    953.512707   2.056504     5.929497     7.986001   0.000000    951.456203
B-1    963.924710   0.041420     9.969425    10.010845   0.000000    963.883290
B-2    977.406030   0.000000     0.000000     0.000000   0.000000    977.406030
B-3    736.169584   0.000000     0.000000     0.000000   0.000000    728.398788

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:13                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S14 (POOL # 4107)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4107 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       57,985.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,152.32

SUBSERVICER ADVANCES THIS MONTH                                       43,372.88
MASTER SERVICER ADVANCES THIS MONTH                                    8,585.47


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,723,289.58

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     244,487.82


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,814,241.40

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     200,811,734.01

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          727

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               1,105,157.79

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,648,388.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         84.98282820 %    10.68658700 %    4.33058500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            84.85955790 %    10.77430900 %    4.36613310 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2950 %

      BANKRUPTCY AMOUNT AVAILABLE                         231,231.00
      FRAUD AMOUNT AVAILABLE                            2,045,825.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,701,513.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.26713946
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.56

POOL TRADING FACTOR:                                                41.61193218


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


Run:        07/23/97     15:32:14                                    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-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     6,301,333.98     5.600000  %    573,233.04
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    10,845,628.22     6.500000  %    434,377.38
A-11  760944JE9             0.00             0.00     2.000000  %          0.00
A-12  760944JN9     2,200,013.00       578,188.52     7.500000  %     12,724.40
A-13  760944JP4     9,999,984.00     2,628,093.58     9.500000  %     57,837.39
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     6.622000  %          0.00
A-17  760944JT6    11,027,260.00     2,328,663.67     8.058400  %          0.00
A-18  760944JU3     4,711,421.00             0.00     0.000000  %          0.00
A-19  760944JV1             0.00             0.00     0.311036  %          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     4,736,315.53     7.000000  %     25,846.87
M-2   760944JK5     5,050,288.00     4,232,731.77     7.000000  %     23,098.73
B-1                 1,442,939.00     1,252,424.22     7.000000  %      6,834.69
B-2                   721,471.33       268,856.81     7.000000  %      1,467.21

- -------------------------------------------------------------------------------
                  288,587,914.33   119,842,268.62                  1,135,419.71
===============================================================================
_______________________________________________________________________________
                                                                      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        29,354.13    602,587.17             0.00         0.00   5,728,100.94
A-4        51,402.25     51,402.25             0.00         0.00  10,298,695.00
A-5       222,937.67    222,937.67             0.00         0.00  40,000,000.00
A-6        67,374.71     67,374.71             0.00         0.00  11,700,000.00
A-7         7,403.19      7,403.19             0.00         0.00           0.00
A-8       103,371.87    103,371.87             0.00         0.00  18,141,079.00
A-9         2,321.85      2,321.85             0.00         0.00      10,000.00
A-10       58,643.07    493,020.45             0.00         0.00  10,411,250.84
A-11       18,044.03     18,044.03             0.00         0.00           0.00
A-12        3,607.28     16,331.68             0.00         0.00     565,464.12
A-13       20,768.88     78,606.27             0.00         0.00   2,570,256.19
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       35,917.22     35,917.22             0.00         0.00   6,520,258.32
A-17       15,610.05     15,610.05             0.00         0.00   2,328,663.67
A-18            0.00          0.00             0.00         0.00           0.00
A-19       31,007.64     31,007.64             0.00         0.00           0.00
R-I             0.03          0.03             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        27,579.56     53,426.43             0.00         0.00   4,710,468.66
M-2        24,647.20     47,745.93             0.00         0.00   4,209,633.04
B-1         7,292.87     14,127.56             0.00         0.00   1,245,589.53
B-2         1,565.53      3,032.74             0.00         0.00     267,389.60

- -------------------------------------------------------------------------------
          728,849.03  1,864,268.74             0.00         0.00 118,706,848.91
===============================================================================





























Run:        07/23/97     15:32:14
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    265.664062  24.167489     1.237569    25.405058   0.000000    241.496574
A-4   1000.000000   0.000000     4.991142     4.991142   0.000000   1000.000000
A-5   1000.000000   0.000000     5.573442     5.573442   0.000000   1000.000000
A-6   1000.000000   0.000000     5.758522     5.758522   0.000000   1000.000000
A-8   1000.000000   0.000000     5.698221     5.698221   0.000000   1000.000000
A-9   1000.000000   0.000000   232.185000   232.185000   0.000000   1000.000000
A-10   341.201257  13.665424     1.844899    15.510323   0.000000    327.535833
A-12   262.811411   5.783784     1.639663     7.423447   0.000000    257.027627
A-13   262.809778   5.783748     2.076891     7.860639   0.000000    257.026030
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     0.914718     0.914718   0.000000    166.053934
A-17   211.173371   0.000000     1.415587     1.415587   0.000000    211.173371
A-18     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.300000     0.300000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    820.565212   4.477962     4.778150     9.256112   0.000000    816.087249
M-2    838.116909   4.573745     4.880355     9.454100   0.000000    833.543164
B-1    867.967544   4.736645     5.054178     9.790823   0.000000    863.230899
B-2    372.650719   2.033594     2.169941     4.203535   0.000000    370.617083

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:17                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S15 (POOL # 4108)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4108 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       32,757.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,666.40

SUBSERVICER ADVANCES THIS MONTH                                       24,078.04
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,293,794.76

 (B)  TWO MONTHLY PAYMENTS:                                    2     656,481.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        248,890.95

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     118,706,848.91

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          530

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                      481,420.25

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.24655400 %     7.48404300 %    1.26940270 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.21105400 %     7.51439515 %    1.27455080 %

CLASS A-19 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3118 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              617,856.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,674,314.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.76548878
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              122.59

POOL TRADING FACTOR:                                                41.13368683


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


Run:        07/31/97     12:07:13                                    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    28,047,923.62     7.470000  %    159,631.71
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    52,116,444.20                    159,631.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       173,848.47    333,480.18             0.00         0.00  27,888,291.91
A-2       149,183.06    149,183.06             0.00         0.00  24,068,520.58
S-1         3,796.79      3,796.79             0.00         0.00           0.00
S-2         6,350.12      6,350.12             0.00         0.00           0.00
S-3         3,378.49      3,378.49             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          336,556.93    496,188.64             0.00         0.00  51,956,812.49
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    879.162575   5.003658     5.449283    10.452941   0.000000    874.158916
A-2   1000.000000   0.000000     6.198265     6.198265   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-July-97     
DISTRIBUTION DATE        30-July-97     

Run:     07/31/97     12:07:14                                        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                     1,302.91

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                                                      51,956,812.49

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               3,597,253.54

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:                                                92.82706477


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


Run:        07/23/97     15:32:18                                    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-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    13,861,976.09     7.000000  %  1,004,616.20
A-2   760944KV9    20,040,000.00    10,100,309.06     7.000000  %    275,054.21
A-3   760944KS6    30,024,000.00    15,132,319.36     6.000000  %    412,087.20
A-4   760944LF3    10,008,000.00     5,044,106.43    10.000000  %    137,362.40
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     0.239109  %          0.00
R     760944LE6       333,970.00             0.00     7.000000  %          0.00
M-1   760944LB2     5,917,999.88     5,669,470.15     7.000000  %      6,585.94
M-2   760944LC0     2,689,999.61     2,579,933.27     7.000000  %      2,996.98
M-3   760944LD8     1,613,999.76     1,547,959.97     7.000000  %      1,798.19
B-1                 2,151,999.69     2,073,057.79     7.000000  %          0.00
B-2                 1,075,999.84     1,038,790.39     7.000000  %          0.00
B-3                 1,075,999.84       878,185.64     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  215,199,968.62   148,028,108.15                  1,840,501.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        80,407.02  1,085,023.22             0.00         0.00  12,857,359.89
A-2        58,587.30    333,641.51             0.00         0.00   9,825,254.85
A-3        75,236.32    487,323.52             0.00         0.00  14,720,232.16
A-4        41,797.95    179,160.35             0.00         0.00   4,906,744.03
A-5       129,531.98    129,531.98             0.00         0.00  22,331,000.00
A-6       106,010.76    106,010.76             0.00         0.00  18,276,000.00
A-7       196,609.47    196,609.47             0.00         0.00  33,895,000.00
A-8        81,439.65     81,439.65             0.00         0.00  14,040,000.00
A-9         9,048.85      9,048.85             0.00         0.00   1,560,000.00
A-10       29,329.86     29,329.86             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        32,886.02     39,471.96             0.00         0.00   5,662,884.21
M-2        14,965.02     17,962.00             0.00         0.00   2,576,936.29
M-3         8,979.02     10,777.21             0.00         0.00   1,546,161.78
B-1        27,779.37     27,779.37             0.00         0.00   2,073,057.79
B-2             0.00          0.00             0.00         0.00   1,038,790.39
B-3             0.00          0.00             0.00         0.00     873,550.61

- -------------------------------------------------------------------------------
          892,608.59  2,733,109.71             0.00         0.00 146,182,972.00
===============================================================================













































Run:        07/23/97     15:32:18
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    276.322132  20.025838     1.602819    21.628657   0.000000    256.296294
A-2    504.007438  13.725260     2.923518    16.648778   0.000000    490.282178
A-3    504.007439  13.725260     2.505873    16.231133   0.000000    490.282180
A-4    504.007437  13.725260     4.176454    17.901714   0.000000    490.282177
A-5   1000.000000   0.000000     5.800545     5.800545   0.000000   1000.000000
A-6   1000.000000   0.000000     5.800545     5.800545   0.000000   1000.000000
A-7   1000.000000   0.000000     5.800545     5.800545   0.000000   1000.000000
A-8   1000.000000   0.000000     5.800545     5.800545   0.000000   1000.000000
A-9   1000.000000   0.000000     5.800545     5.800545   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    958.004438   1.112866     5.556948     6.669814   0.000000    956.891572
M-2    959.083139   1.114119     5.563205     6.677324   0.000000    957.969020
M-3    959.083148   1.114120     5.563210     6.677330   0.000000    957.969027
B-1    963.316956   0.000000    12.908631    12.908631   0.000000    963.316956
B-2    965.418722   0.000000     0.000000     0.000000   0.000000    965.418722
B-3    816.157779   0.000000     0.000000     0.000000   0.000000    811.850130

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:20                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S16 (POOL # 4109)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4109 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       33,143.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,420.19

SUBSERVICER ADVANCES THIS MONTH                                       18,931.11
MASTER SERVICER ADVANCES THIS MONTH                                    3,401.45


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,365,315.13

 (B)  TWO MONTHLY PAYMENTS:                                    2     901,845.26

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        427,542.86

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     146,182,972.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          525

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                 494,544.89

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,673,179.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.68596000 %     6.61858300 %    2.69545690 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.57935350 %     6.69433802 %    2.72630850 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2380 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              743,764.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,901,572.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.63529563
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.32

POOL TRADING FACTOR:                                                67.92890024


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


Run:        07/23/97     15:32:21                                    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-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     6,271,420.21     5.650000  %  1,334,247.18
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    15,001,325.30     6.350000  %    720,442.07
A-8   760944KE7             0.00             0.00    12.600000  %          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     6,634,032.96     7.000000  %    104,254.71
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     0.138218  %          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     3,368,489.21     7.000000  %     18,282.74
M-2   760944KM9     2,343,800.00     1,943,831.85     7.000000  %     10,550.30
M-3   760944MF2     1,171,900.00       978,171.75     7.000000  %      5,309.10
B-1                 1,406,270.00     1,202,066.63     7.000000  %      6,524.31
B-2                   351,564.90       135,561.53     7.000000  %        735.78

- -------------------------------------------------------------------------------
                  234,376,334.90   101,528,899.44                  2,200,346.19
===============================================================================
_______________________________________________________________________________
                                                                      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        29,342.49  1,363,589.67             0.00         0.00   4,937,173.03
A-4        37,294.46     37,294.46             0.00         0.00   7,444,000.00
A-5       150,011.90    150,011.90             0.00         0.00  28,305,000.00
A-6        71,245.96     71,245.96             0.00         0.00  12,746,000.00
A-7        78,883.45    799,325.52             0.00         0.00  14,280,883.23
A-8        39,131.16     39,131.16             0.00         0.00           0.00
A-9        85,391.14     85,391.14             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       38,455.48    142,710.19             0.00         0.00   6,529,778.25
A-14       14,555.34     14,555.34             0.00         0.00   2,768,000.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16       11,620.85     11,620.85             0.00         0.00           0.00
R-I             2.97          2.97             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        19,526.11     37,808.85             0.00         0.00   3,350,206.47
M-2        11,267.81     21,818.11             0.00         0.00   1,933,281.55
M-3         5,670.16     10,979.26             0.00         0.00     972,862.65
B-1         6,968.02     13,492.33             0.00         0.00   1,195,542.32
B-2           785.84      1,521.62             0.00         0.00     134,825.75

- -------------------------------------------------------------------------------
          600,153.14  2,800,499.33             0.00         0.00  99,328,553.25
===============================================================================

































Run:        07/23/97     15:32:21
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    294.668055  62.690748     1.378682    64.069430   0.000000    231.977307
A-4   1000.000000   0.000000     5.010003     5.010003   0.000000   1000.000000
A-5   1000.000000   0.000000     5.299837     5.299837   0.000000   1000.000000
A-6   1000.000000   0.000000     5.589672     5.589672   0.000000   1000.000000
A-7    320.035100  15.369759     1.682883    17.052642   0.000000    304.665342
A-9   1000.000000   0.000000     5.796697     5.796697   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   192.961983   3.032423     1.118542     4.150965   0.000000    189.929559
A-14   461.333333   0.000000     2.425890     2.425890   0.000000    461.333333
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000    29.730000    29.730000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    821.262242   4.457465     4.760608     9.218073   0.000000    816.804776
M-2    829.350563   4.501365     4.807496     9.308861   0.000000    824.849198
M-3    834.688753   4.530335     4.838433     9.368768   0.000000    830.158418
B-1    854.790780   4.639443     4.954966     9.594409   0.000000    850.151337
B-2    385.594609   2.092843     2.235178     4.328021   0.000000    383.501738

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:23                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S17 (POOL # 4110)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4110 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       28,926.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,709.29

SUBSERVICER ADVANCES THIS MONTH                                        4,972.95
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     104,147.39

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        369,439.56

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      99,328,553.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          433

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                    1,649,290.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.48674910 %     6.19576600 %    1.31748510 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.36199610 %     6.29864270 %    1.33936120 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1398 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              518,206.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,665,927.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.60919516
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              123.55

POOL TRADING FACTOR:                                                42.37994134


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


Run:        07/23/97     15:32:24                                    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-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     4,798,299.08     7.500000  %    444,011.67
A-3   760944LY2    81,356,000.00    14,326,980.63     6.250000  %    828,819.85
A-4   760944LN6    40,678,000.00     7,163,490.31    10.000000  %    414,409.93
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     0.130294  %          0.00
R     760944LX4         1,000.00             0.00     7.500000  %          0.00
M-1   760944LU0    13,767,600.00    13,030,008.44     7.500000  %     26,661.51
M-2   760944LV8     6,257,900.00     5,959,734.06     7.500000  %     12,194.58
M-3   760944LW6     3,754,700.00     3,590,051.04     7.500000  %      7,345.83
B-1                 5,757,200.00     5,583,523.36     7.500000  %          0.00
B-2                 2,753,500.00     2,690,855.48     7.500000  %          0.00
B-3                 2,753,436.49     2,100,965.83     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  500,624,336.49   246,268,908.23                  1,733,443.37
===============================================================================
_______________________________________________________________________________
                                                                      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        29,885.34    473,897.01             0.00         0.00   4,354,287.41
A-3        74,360.83    903,180.68             0.00         0.00  13,498,160.78
A-4        59,488.66    473,898.59             0.00         0.00   6,749,080.38
A-5       414,756.18    414,756.18             0.00         0.00  66,592,000.00
A-6       327,404.01    327,404.01             0.00         0.00  52,567,000.00
A-7       332,841.34    332,841.34             0.00         0.00  53,440,000.00
A-8        89,849.72     89,849.72             0.00         0.00  14,426,000.00
A-9        26,646.78     26,646.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        81,155.04    107,816.55             0.00         0.00  13,003,346.93
M-2        74,237.28     86,431.86             0.00         0.00   5,947,539.48
M-3        44,719.38     52,065.21             0.00         0.00   3,582,705.21
B-1        14,344.50     14,344.50             0.00         0.00   5,583,523.36
B-2             0.00          0.00             0.00         0.00   2,690,855.48
B-3             0.00          0.00             0.00         0.00   2,079,736.20

- -------------------------------------------------------------------------------
        1,569,689.06  3,303,132.43             0.00         0.00 244,514,235.23
===============================================================================















































Run:        07/23/97     15:32:24
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     67.406989   6.237521     0.419832     6.657353   0.000000     61.169468
A-3    176.102323  10.187569     0.914018    11.101587   0.000000    165.914755
A-4    176.102323  10.187569     1.462428    11.649997   0.000000    165.914754
A-5   1000.000000   0.000000     6.228318     6.228318   0.000000   1000.000000
A-6   1000.000000   0.000000     6.228318     6.228318   0.000000   1000.000000
A-7   1000.000000   0.000000     6.228318     6.228318   0.000000   1000.000000
A-8   1000.000000   0.000000     6.228318     6.228318   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    946.425553   1.936540     5.894640     7.831180   0.000000    944.489013
M-2    952.353675   1.948670    11.862970    13.811640   0.000000    950.405005
M-3    956.148571   1.956436    11.910240    13.866676   0.000000    954.192135
B-1    969.833141   0.000000     2.491576     2.491576   0.000000    969.833141
B-2    977.249130   0.000000     0.000000     0.000000   0.000000    977.249130
B-3    763.034062   0.000000     0.000000     0.000000   0.000000    755.323832

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:27                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S18 (POOL # 4111)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4111 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       64,071.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    26,589.33

SUBSERVICER ADVANCES THIS MONTH                                       30,304.41
MASTER SERVICER ADVANCES THIS MONTH                                    3,591.74


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   1,635,855.93

 (B)  TWO MONTHLY PAYMENTS:                                    1     469,875.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     624,476.66


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,363,927.37

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     244,514,235.23

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          873

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                 489,399.89

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,250,766.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.61823030 %     9.16875500 %    4.21301440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.54977830 %     9.21565634 %    4.23456530 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1306 %

      BANKRUPTCY AMOUNT AVAILABLE                         177,436.00
      FRAUD AMOUNT AVAILABLE                            2,476,275.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,643,092.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07013374
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              295.56

POOL TRADING FACTOR:                                                48.84185954


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


Run:        07/23/97     15:29:50                                    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    25,898,663.16     6.928658  %    758,929.02
A-2   760944LJ5     5,265,582.31     1,653,028.49     6.928658  %     48,440.00
S-1   760944LK2             0.00             0.00     0.090000  %          0.00
S-2   760944LG1             0.00             0.00     0.133812  %          0.00

- -------------------------------------------------------------------------------
                   87,763,582.31    27,551,691.65                    807,369.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       145,815.08    904,744.10             0.00         0.00  25,139,734.14
A-2         9,306.91     57,746.91             0.00         0.00   1,604,588.49
S-1         2,014.96      2,014.96             0.00         0.00           0.00
S-2         2,995.86      2,995.86             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          160,132.81    967,501.83             0.00         0.00  26,744,322.63
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    313.930800   9.199363     1.767498    10.966861   0.000000    304.731438
A-2    313.930804   9.199362     1.767499    10.966861   0.000000    304.731442

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:29:50                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-19 (POOL # 3184)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 3184 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,414.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,883.31

SUBSERVICER ADVANCES THIS MONTH                                        4,531.39
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     621,350.62

 (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                                                      26,744,322.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           94

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                      778,847.22

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 %

LETTER OF CREDIT - TOTAL AVAILABLE AMOUNT                          7,667,152.52
      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                          7.91354728
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.66

POOL TRADING FACTOR:                                                30.47314375


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


Run:        07/23/97     15:32:30                                    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-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             0.00     0.000000  %          0.00
A-2   760944NF1             0.00             0.00     0.000000  %          0.00
A-3   760944NG9    14,581,000.00             0.00     5.000030  %          0.00
A-4   760944NH7     7,938,000.00             0.00     5.249810  %          0.00
A-5   760944NJ3    21,873,000.00    21,265,071.23     5.750030  %    572,148.48
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    25,808,406.60     6.450000  %    476,777.32
A-10  760944NK0             0.00             0.00     2.050000  %          0.00
A-11  760944NL8    37,000,000.00    12,499,498.87     7.250000  %          0.00
A-12  760944NM6     2,400,000.00     2,400,000.00     7.062290  %          0.00
A-13  760944NN4    34,545,000.00     9,020,493.03     6.022000  %          0.00
A-14  760944NP9    13,505,000.00     3,526,465.71     8.896293  %          0.00
A-15  760944NQ7             0.00             0.00     0.093668  %          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     3,238,473.77     7.000000  %     17,620.56
M-2   760944NW4     1,958,800.00     1,619,236.89     7.000000  %      8,810.28
M-3   760944NX2     1,305,860.00     1,085,057.39     7.000000  %      5,903.80
B-1                 1,567,032.00     1,302,684.75     7.000000  %      7,087.92
B-2                   783,516.00       657,909.62     7.000000  %      3,579.69
B-3                   914,107.69       667,473.64     7.000000  %      3,631.73

- -------------------------------------------------------------------------------
                  261,172,115.69   137,507,771.50                  1,095,559.78
===============================================================================
_______________________________________________________________________________
                                                                      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       101,659.40    673,807.88             0.00         0.00  20,692,922.75
A-6        62,702.20     62,702.20             0.00         0.00  12,561,000.00
A-7       138,242.59    138,242.59             0.00         0.00  23,816,000.00
A-8       104,715.16    104,715.16             0.00         0.00  18,040,000.00
A-9       138,398.55    615,175.87             0.00         0.00  25,331,629.28
A-10       43,987.13     43,987.13             0.00         0.00           0.00
A-11       75,342.71     75,342.71             0.00         0.00  12,499,498.87
A-12       14,091.83     14,091.83             0.00         0.00   2,400,000.00
A-13       45,162.88     45,162.88             0.00         0.00   9,020,493.03
A-14       26,083.11     26,083.11             0.00         0.00   3,526,465.71
A-15       10,708.55     10,708.55             0.00         0.00           0.00
R-I             2.63          2.63             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        18,847.30     36,467.86             0.00         0.00   3,220,853.21
M-2         9,423.65     18,233.93             0.00         0.00   1,610,426.61
M-3         6,314.82     12,218.62             0.00         0.00   1,079,153.59
B-1         7,581.37     14,669.29             0.00         0.00   1,295,596.83
B-2         3,828.91      7,408.60             0.00         0.00     654,329.93
B-3         3,884.58      7,516.31             0.00         0.00     663,841.91

- -------------------------------------------------------------------------------
          810,977.37  1,906,537.15             0.00         0.00 136,412,211.72
===============================================================================

































Run:        07/23/97     15:32:30
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      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    972.206429  26.157751     4.647712    30.805463   0.000000    946.048679
A-6   1000.000000   0.000000     4.991816     4.991816   0.000000   1000.000000
A-7   1000.000000   0.000000     5.804610     5.804610   0.000000   1000.000000
A-8   1000.000000   0.000000     5.804610     5.804610   0.000000   1000.000000
A-9    725.423914  13.401279     3.890113    17.291392   0.000000    712.022635
A-11   337.824294   0.000000     2.036289     2.036289   0.000000    337.824294
A-12  1000.000000   0.000000     5.871596     5.871596   0.000000   1000.000000
A-13   261.122971   0.000000     1.307364     1.307364   0.000000    261.122971
A-14   261.122970   0.000000     1.931367     1.931367   0.000000    261.122970
R-I      0.000000   0.000000    26.300000    26.300000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    826.647379   4.497795     4.810930     9.308725   0.000000    822.149584
M-2    826.647381   4.497795     4.810930     9.308725   0.000000    822.149587
M-3    830.914026   4.521005     4.835756     9.356761   0.000000    826.393021
B-1    831.307051   4.523150     4.838044     9.361194   0.000000    826.783901
B-2    839.688813   4.568752     4.886831     9.455583   0.000000    835.120061
B-3    730.191472   3.972978     4.249576     8.222554   0.000000    726.218494

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:33                                        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                       37,426.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,762.59

SUBSERVICER ADVANCES THIS MONTH                                        9,071.35
MASTER SERVICER ADVANCES THIS MONTH                                    2,422.77


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     360,579.11

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     406,936.52


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         97,709.29

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     136,412,211.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          557

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                 224,659.93

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      347,379.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.76701700 %     4.32176900 %    1.91121420 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.75114440 %     4.33277442 %    1.91608110 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0938 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              689,682.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,652,051.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.54677216
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.43

POOL TRADING FACTOR:                                                52.23077179


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


Run:        07/23/97     15:32:35                                    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     6,574,625.66     6.500000  %  1,668,742.21
A-4   760944QX9    38,099,400.00     2,629,847.53    10.000000  %    667,496.18
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     0.079006  %          0.00
R     760944QL5         1,000.00             0.00     7.500000  %          0.00
M-1   760944QH4     7,403,017.00     7,062,670.83     7.500000  %     17,696.48
M-2   760944QJ0     3,365,008.00     3,225,529.27     7.500000  %      4,016.53
M-3   760944QK7     2,692,006.00     2,591,810.55     7.500000  %          0.00
B-1                 2,422,806.00     2,342,636.81     7.500000  %          0.00
B-2                 1,480,605.00     1,443,052.71     7.500000  %          0.00
B-3                 1,480,603.82     1,233,182.74     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  269,200,605.82   144,110,916.10                  2,357,951.40
===============================================================================
_______________________________________________________________________________
                                                                      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        35,383.38  1,704,125.59             0.00         0.00   4,905,883.45
A-4        21,774.37    689,270.55             0.00         0.00   1,962,351.35
A-5       382,870.13    382,870.13             0.00         0.00  61,656,000.00
A-6        56,012.21     56,012.21             0.00         0.00   9,020,000.00
A-7       230,693.29    230,693.29             0.00         0.00  37,150,000.00
A-8        57,015.46     57,015.46             0.00         0.00   9,181,560.00
A-9         9,426.92      9,426.92             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        43,857.62     61,554.10             0.00         0.00   7,044,974.35
M-2        40,181.08     44,197.61             0.00         0.00   3,221,512.74
M-3             0.00          0.00             0.00         0.00   2,591,810.55
B-1             0.00          0.00             0.00         0.00   2,342,636.81
B-2             0.00          0.00             0.00         0.00   1,443,052.71
B-3             0.00          0.00             0.00         0.00   1,210,047.68

- -------------------------------------------------------------------------------
          877,214.46  3,235,165.86             0.00         0.00 141,729,829.64
===============================================================================















































Run:        07/23/97     15:32:35
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    164.198980  41.676254     0.883688    42.559942   0.000000    122.522726
A-4     69.025957  17.519861     0.571515    18.091376   0.000000     51.506096
A-5   1000.000000   0.000000     6.209779     6.209779   0.000000   1000.000000
A-6   1000.000000   0.000000     6.209779     6.209779   0.000000   1000.000000
A-7   1000.000000   0.000000     6.209779     6.209779   0.000000   1000.000000
A-8   1000.000000   0.000000     6.209779     6.209779   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    954.026018   2.390442     5.924290     8.314732   0.000000    951.635576
M-2    958.550253   1.193617    11.940857    13.134474   0.000000    957.356636
M-3    962.780376   0.000000     0.000000     0.000000   0.000000    962.780376
B-1    966.910603   0.000000     0.000000     0.000000   0.000000    966.910603
B-2    974.637199   0.000000     0.000000     0.000000   0.000000    974.637199
B-3    832.891772   0.000000     0.000000     0.000000   0.000000    817.266350

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:36                                        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                       38,416.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,221.40

SUBSERVICER ADVANCES THIS MONTH                                       30,878.37
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,742,400.72

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,404,196.89

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     141,729,829.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          502

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                    2,019,997.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.57978690 %     8.93756800 %    3.48264550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.40276840 %     9.07240041 %    3.52483120 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0790 %

      BANKRUPTCY AMOUNT AVAILABLE                         140,181.00
      FRAUD AMOUNT AVAILABLE                            1,440,380.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,507,700.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.02671663
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.11

POOL TRADING FACTOR:                                                52.64840664


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


Run:        07/23/97     15:32:37                                    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-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     3,619,611.96     7.000000  %    921,478.02
A-2   760944PP7    20,000,000.00    12,695,657.93     7.000000  %    258,484.98
A-3   760944PQ5    20,000,000.00    13,447,832.41     7.000000  %    231,867.14
A-4   760944PR3    44,814,000.00    31,977,766.68     7.000000  %    454,246.73
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    11,931,150.89     7.000000  %    108,599.98
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     6.222000  %          0.00
A-13  760944PM4     9,750,000.00     1,837,004.63     8.815328  %          0.00
A-14  760944PN2             0.00             0.00     0.210367  %          0.00
R     760944QA9           100.00             0.00     7.000000  %          0.00
M-1   760944PX0     8,667,030.00     8,265,336.96     7.000000  %      9,516.46
M-2   760944PY8     4,333,550.00     4,146,248.35     7.000000  %      4,773.86
M-3   760944PZ5     2,600,140.00     2,487,758.57     7.000000  %      2,864.33
B-1                 2,773,475.00     2,659,138.65     7.000000  %      3,061.65
B-2                 1,560,100.00     1,498,981.07     7.000000  %      1,725.88
B-3                 1,733,428.45     1,606,020.62     7.000000  %      1,849.12

- -------------------------------------------------------------------------------
                  346,680,823.45   263,498,852.87                  1,998,468.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        21,057.45    942,535.47             0.00         0.00   2,698,133.94
A-2        73,858.25    332,343.23             0.00         0.00  12,437,172.95
A-3        78,234.10    310,101.24             0.00         0.00  13,215,965.27
A-4       186,033.84    640,280.57             0.00         0.00  31,523,519.95
A-5       152,711.99    152,711.99             0.00         0.00  26,250,000.00
A-6       174,138.21    174,138.21             0.00         0.00  29,933,000.00
A-7        69,410.66    178,010.64             0.00         0.00  11,822,550.91
A-8       218,159.98    218,159.98             0.00         0.00  37,500,000.00
A-9       250,488.38    250,488.38             0.00         0.00  43,057,000.00
A-10       15,707.52     15,707.52             0.00         0.00   2,700,000.00
A-11      137,295.35    137,295.35             0.00         0.00  23,600,000.00
A-12       22,164.75     22,164.75             0.00         0.00   4,286,344.15
A-13       13,458.43     13,458.43             0.00         0.00   1,837,004.63
A-14       46,068.39     46,068.39             0.00         0.00           0.00
R               0.01          0.01             0.00         0.00           0.00
M-1        48,084.42     57,600.88             0.00         0.00   8,255,820.50
M-2        24,121.21     28,895.07             0.00         0.00   4,141,474.49
M-3        14,472.78     17,337.11             0.00         0.00   2,484,894.24
B-1        15,469.80     18,531.45             0.00         0.00   2,656,077.00
B-2         8,720.48     10,446.36             0.00         0.00   1,497,255.19
B-3         9,343.19     11,192.31             0.00         0.00   1,604,171.50

- -------------------------------------------------------------------------------
        1,578,999.19  3,577,467.34             0.00         0.00 261,500,384.72
===============================================================================





































Run:        07/23/97     15:32:37
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    122.040931  31.069086     0.709985    31.779071   0.000000     90.971845
A-2    634.782897  12.924249     3.692913    16.617162   0.000000    621.858648
A-3    672.391621  11.593357     3.911705    15.505062   0.000000    660.798264
A-4    713.566445  10.136268     4.151244    14.287512   0.000000    703.430177
A-5   1000.000000   0.000000     5.817600     5.817600   0.000000   1000.000000
A-6   1000.000000   0.000000     5.817600     5.817600   0.000000   1000.000000
A-7    795.410059   7.239999     4.627377    11.867376   0.000000    788.170061
A-8   1000.000000   0.000000     5.817599     5.817599   0.000000   1000.000000
A-9   1000.000000   0.000000     5.817599     5.817599   0.000000   1000.000000
A-10  1000.000000   0.000000     5.817600     5.817600   0.000000   1000.000000
A-11  1000.000000   0.000000     5.817600     5.817600   0.000000   1000.000000
A-12   188.410732   0.000000     0.974275     0.974275   0.000000    188.410732
A-13   188.410731   0.000000     1.380352     1.380352   0.000000    188.410731
R        0.000000   0.000000     0.100000     0.100000   0.000000      0.000000
M-1    953.652746   1.098007     5.547970     6.645977   0.000000    952.554739
M-2    956.778703   1.101605     5.566155     6.667760   0.000000    955.677099
M-3    956.778700   1.101606     5.566154     6.667760   0.000000    955.677094
B-1    958.775057   1.103904     5.577768     6.681672   0.000000    957.671153
B-2    960.823710   1.106262     5.589693     6.695955   0.000000    959.717448
B-3    926.499516   1.066741     5.390000     6.456741   0.000000    925.432775

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:38                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S22 (POOL # 4114)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4114 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       68,314.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    27,858.61

SUBSERVICER ADVANCES THIS MONTH                                       31,717.93
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   3,178,888.02

 (B)  TWO MONTHLY PAYMENTS:                                    1     245,975.13

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,013,966.68

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     261,500,384.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          917

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                    1,695,083.66

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.15803640 %     5.65442500 %    2.18753910 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.10720360 %     5.69107737 %    2.20171900 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2102 %

      BANKRUPTCY AMOUNT AVAILABLE                         109,526.00
      FRAUD AMOUNT AVAILABLE                            2,637,700.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,592,358.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.64712113
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.45

POOL TRADING FACTOR:                                                75.42972297


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


Run:        07/23/97     15:32:40                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     3,991,337.35     5.500000  %    616,794.15
A-3   760944MH8    12,946,000.00     4,482,534.93     6.700000  %    246,717.66
A-4   760944MJ4             0.00             0.00     2.300000  %          0.00
A-5   760944MV7    22,700,000.00    11,974,241.22     6.500000  %    213,074.34
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     6.880000  %          0.00
A-12  760944MP0     2,692,308.00     1,989,305.77     5.794244  %          0.00
A-13  760944MQ8    15,531,578.00    11,476,048.76     6.750000  %          0.00
A-14  760944MR6     7,168,422.00     5,296,638.91     5.958314  %          0.00
A-15  760944MS4     5,000,000.00     3,694,424.61     6.750000  %          0.00
A-16  760944MT2     2,307,692.00     1,705,118.82     5.958314  %          0.00
A-17  760944MU9             0.00             0.00     0.271631  %          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     2,240,067.95     6.500000  %     12,292.14
M-2   760944NA2     1,368,000.00     1,118,807.23     6.500000  %      6,139.34
M-3   760944NB0       912,000.00       745,871.47     6.500000  %      4,092.89
B-1                   729,800.00       596,860.74     6.500000  %      3,275.21
B-2                   547,100.00       447,441.11     6.500000  %      2,455.29
B-3                   547,219.77       447,538.99     6.500000  %      2,455.82

- -------------------------------------------------------------------------------
                  182,383,319.77   116,527,662.47                  1,107,296.84
===============================================================================
_______________________________________________________________________________
                                                                      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        18,232.30    635,026.45             0.00         0.00   3,374,543.20
A-3        24,943.58    271,661.24             0.00         0.00   4,235,817.27
A-4         8,562.72      8,562.72             0.00         0.00           0.00
A-5        64,643.01    277,717.35             0.00         0.00  11,761,166.88
A-6        53,931.07     53,931.07             0.00         0.00  11,100,000.00
A-7        87,941.66     87,941.66             0.00         0.00  16,290,000.00
A-8        68,760.76     68,760.76             0.00         0.00  12,737,000.00
A-9        39,409.10     39,409.10             0.00         0.00   7,300,000.00
A-10       82,057.28     82,057.28             0.00         0.00  15,200,000.00
A-11       21,110.35     21,110.35             0.00         0.00   3,694,424.61
A-12        9,573.23      9,573.23             0.00         0.00   1,989,305.77
A-13       64,336.34     64,336.34             0.00         0.00  11,476,048.76
A-14       26,211.02     26,211.02             0.00         0.00   5,296,638.91
A-15       20,711.47     20,711.47             0.00         0.00   3,694,424.61
A-16        8,437.97      8,437.97             0.00         0.00   1,705,118.82
A-17       26,288.67     26,288.67             0.00         0.00           0.00
R-I             0.17          0.17             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        12,093.02     24,385.16             0.00         0.00   2,227,775.81
M-2         6,039.89     12,179.23             0.00         0.00   1,112,667.89
M-3         4,026.59      8,119.48             0.00         0.00     741,778.58
B-1         3,222.16      6,497.37             0.00         0.00     593,585.53
B-2         2,415.51      4,870.80             0.00         0.00     444,985.82
B-3         2,416.06      4,871.88             0.00         0.00     445,083.17

- -------------------------------------------------------------------------------
          655,363.93  1,762,660.77             0.00         0.00 115,420,365.63
===============================================================================





























Run:        07/23/97     15:32:40
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    158.701286  24.524618     0.724942    25.249560   0.000000    134.176668
A-3    346.248643  19.057443     1.926740    20.984183   0.000000    327.191200
A-5    527.499613   9.386535     2.847710    12.234245   0.000000    518.113078
A-6   1000.000000   0.000000     4.858655     4.858655   0.000000   1000.000000
A-7   1000.000000   0.000000     5.398506     5.398506   0.000000   1000.000000
A-8   1000.000000   0.000000     5.398505     5.398505   0.000000   1000.000000
A-9   1000.000000   0.000000     5.398507     5.398507   0.000000   1000.000000
A-10  1000.000000   0.000000     5.398505     5.398505   0.000000   1000.000000
A-11   738.884922   0.000000     4.222070     4.222070   0.000000    738.884922
A-12   738.884916   0.000000     3.555771     3.555771   0.000000    738.884916
A-13   738.884919   0.000000     4.142293     4.142293   0.000000    738.884920
A-14   738.884919   0.000000     3.656456     3.656456   0.000000    738.884919
A-15   738.884922   0.000000     4.142294     4.142294   0.000000    738.884922
A-16   738.884921   0.000000     3.656454     3.656454   0.000000    738.884921
R-I      0.000000   0.000000     1.700000     1.700000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    817.841530   4.487820     4.415122     8.902942   0.000000    813.353709
M-2    817.841542   4.487822     4.415124     8.902946   0.000000    813.353721
M-3    817.841524   4.487818     4.415121     8.902939   0.000000    813.353706
B-1    817.841518   4.487819     4.415127     8.902946   0.000000    813.353700
B-2    817.841546   4.487827     4.415116     8.902943   0.000000    813.353720
B-3    817.841413   4.487813     4.415118     8.902931   0.000000    813.353600

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:44                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S23 (POOL # 4115)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4115 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,148.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,383.87

SUBSERVICER ADVANCES THIS MONTH                                        8,812.26
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     838,980.37

 (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                                                     115,420,365.63

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          450

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                      467,863.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.19720270 %     3.52255100 %    1.28024610 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.17773420 %     3.53683014 %    1.28543560 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2715 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              585,304.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,832,153.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.13565590
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.87

POOL TRADING FACTOR:                                                63.28449651


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


Run:        07/23/97     15:32:49                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     8,991,820.12     6.500000  %  1,686,876.07
A-5   760944QB7    30,000,000.00    12,299,853.36     7.050000  %    363,793.56
A-6   760944PG7    48,041,429.00    48,041,429.00     6.500000  %          0.00
A-7   760944QY7    55,044,571.00    25,027,272.63    10.000000  %    740,233.27
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     0.123498  %          0.00
R     760944QW1           100.00             0.00     7.500000  %          0.00
M-1   760944QT8     6,864,500.00     6,499,243.04     7.500000  %      6,803.20
M-2   760944QU5     3,432,150.00     3,273,462.66     7.500000  %      3,426.56
M-3   760944QV3     2,059,280.00     1,978,931.77     7.500000  %      2,071.48
B-1                 2,196,565.00     2,135,614.83     7.500000  %      2,235.49
B-2                 1,235,568.00     1,208,247.63     7.500000  %          0.00
B-3                 1,372,850.89       949,692.05     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  274,570,013.89   127,495,567.09                  2,805,439.63
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-4        47,922.45  1,734,798.52             0.00         0.00   7,304,944.05
A-5        71,099.60    434,893.16             0.00         0.00  11,936,059.80
A-6       256,039.73    256,039.73             0.00         0.00  48,041,429.00
A-7       205,206.74    945,440.01             0.00         0.00  24,287,039.36
A-8        92,795.86     92,795.86             0.00         0.00  15,090,000.00
A-9        12,298.99     12,298.99             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       12,910.21     12,910.21             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        39,967.05     46,770.25             0.00         0.00   6,492,439.84
M-2        20,130.14     23,556.70             0.00         0.00   3,270,036.10
M-3        12,169.42     14,240.90             0.00         0.00   1,976,860.29
B-1        13,132.95     15,368.44             0.00         0.00   2,133,379.34
B-2        15,529.10     15,529.10             0.00         0.00   1,208,247.63
B-3             0.00          0.00             0.00         0.00     947,433.20

- -------------------------------------------------------------------------------
          799,202.24  3,604,641.87             0.00         0.00 124,687,868.61
===============================================================================









































Run:        07/23/97     15:32:49
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    336.268516  63.084371     1.792163    64.876534   0.000000    273.184146
A-5    409.995112  12.126452     2.369987    14.496439   0.000000    397.868660
A-6   1000.000000   0.000000     5.329561     5.329561   0.000000   1000.000000
A-7    454.672862  13.447889     3.728011    17.175900   0.000000    441.224973
A-8   1000.000000   0.000000     6.149494     6.149494   0.000000   1000.000000
A-9   1000.000000   0.000000     6.149495     6.149495   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    946.790449   0.991070     5.822281     6.813351   0.000000    945.799379
M-2    953.764451   0.998371     5.865169     6.863540   0.000000    952.766080
M-3    960.982368   1.005924     5.909551     6.915475   0.000000    959.976443
B-1    972.252053   1.017721     5.978858     6.996579   0.000000    971.234332
B-2    977.888412   0.000000    12.568390    12.568390   0.000000    977.888413
B-3    691.766351   0.000000     0.000000     0.000000   0.000000    690.120979

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:51                                        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                       37,081.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,389.14

SUBSERVICER ADVANCES THIS MONTH                                       23,623.49
MASTER SERVICER ADVANCES THIS MONTH                                    2,252.98


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,975,607.29

 (B)  TWO MONTHLY PAYMENTS:                                    1     206,765.81

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,047,696.55

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     124,687,868.61

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          450

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                 297,413.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,674,240.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.41509820 %     9.21729100 %    3.36761080 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.14518370 %     9.41497867 %    3.43983760 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1111 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              690,012.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,285,286.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.09259908
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.31

POOL TRADING FACTOR:                                                45.41204877


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


Run:        07/23/97     15:32:53                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    17,689,752.33     7.000000  %    516,363.84
A-2   760944RC4    15,690,000.00             0.00     7.000000  %          0.00
A-3   760944RD2    16,985,000.00     5,377,672.08     7.000000  %    514,668.48
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    74,056,568.31     7.000000  %    773,274.24
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     0.189340  %          0.00
R     760944RP5         1,000.00             0.00     7.000000  %          0.00
M-1   760944RL4     9,349,300.00     8,927,598.80     7.000000  %     10,198.27
M-2   760944RM2     4,674,600.00     4,491,993.73     7.000000  %      5,131.34
M-3   760944RN0     3,739,700.00     3,615,123.74     7.000000  %      4,129.66
B-1                 2,804,800.00     2,737,341.09     7.000000  %      3,126.95
B-2                   935,000.00       914,257.10     7.000000  %          0.00
B-3                 1,870,098.07     1,494,638.13     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  373,968,498.07   277,076,945.31                  1,826,892.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       102,746.26    619,110.10             0.00         0.00  17,173,388.49
A-2             0.00          0.00             0.00         0.00           0.00
A-3        31,234.79    545,903.27             0.00         0.00   4,863,003.60
A-4        71,174.13     71,174.13             0.00         0.00  12,254,000.00
A-5        42,551.14     42,551.14             0.00         0.00   7,326,000.00
A-6       427,178.37    427,178.37             0.00         0.00  73,547,000.00
A-7        49,660.42     49,660.42             0.00         0.00   8,550,000.00
A-8       430,138.06  1,203,412.30             0.00         0.00  73,283,294.07
A-9       191,997.07    191,997.07             0.00         0.00  33,056,000.00
A-10      133,815.96    133,815.96             0.00         0.00  23,039,000.00
A-11       43,530.01     43,530.01             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        51,853.61     62,051.88             0.00         0.00   8,917,400.53
M-2        26,090.56     31,221.90             0.00         0.00   4,486,862.39
M-3        20,997.49     25,127.15             0.00         0.00   3,610,994.08
B-1        21,527.27     24,654.22             0.00         0.00   2,734,214.14
B-2        11,115.03     11,115.03             0.00         0.00     914,257.10
B-3             0.00          0.00             0.00         0.00   1,491,886.37

- -------------------------------------------------------------------------------
        1,655,610.17  3,482,502.95             0.00         0.00 275,247,300.77
===============================================================================











































Run:        07/23/97     15:32:53
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    392.434109  11.455151     2.279350    13.734501   0.000000    380.978958
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    316.613016  30.301353     1.838963    32.140316   0.000000    286.311663
A-4   1000.000000   0.000000     5.808236     5.808236   0.000000   1000.000000
A-5   1000.000000   0.000000     5.808236     5.808236   0.000000   1000.000000
A-6   1000.000000   0.000000     5.808237     5.808237   0.000000   1000.000000
A-7   1000.000000   0.000000     5.808236     5.808236   0.000000   1000.000000
A-8    643.578416   6.720033     3.738056    10.458089   0.000000    636.858383
A-9   1000.000000   0.000000     5.808237     5.808237   0.000000   1000.000000
A-10  1000.000000   0.000000     5.808236     5.808236   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    954.894891   1.090806     5.546256     6.637062   0.000000    953.804085
M-2    960.936493   1.097707     5.581346     6.679053   0.000000    959.838786
M-3    966.688168   1.104276     5.614753     6.719029   0.000000    965.583892
B-1    975.948763   1.114857     7.675153     8.790010   0.000000    974.833906
B-2    977.815080   0.000000    11.887733    11.887733   0.000000    977.815080
B-3    799.229813   0.000000     0.000000     0.000000   0.000000    797.758360

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:55                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S24 (POOL # 4117)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4117 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       62,222.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    29,110.28

SUBSERVICER ADVANCES THIS MONTH                                       13,267.43
MASTER SERVICER ADVANCES THIS MONTH                                    5,171.85


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,017,376.38

 (B)  TWO MONTHLY PAYMENTS:                                    1     232,097.46

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        642,323.08

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     275,247,300.77

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          963

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                 742,062.03

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,513,131.18

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.99465960 %     6.14800900 %    1.85733110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.95065150 %     6.18180703 %    1.86754150 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1894 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,942,536.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,169,865.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.58653513
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.75

POOL TRADING FACTOR:                                                73.60173442


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


Run:        07/23/97     15:32:56                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    50,882,998.55     6.500000  %  1,541,807.39
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     6.650000  %          0.00
A-5   760944RU4     8,250,000.00     5,094,651.59     6.110000  %          0.00
A-6   760944RV2     5,000,000.00     4,376,745.89     6.500000  %      6,556.59
A-7   760944RW0             0.00             0.00     0.297064  %          0.00
R     760944SA7           100.00             0.00     6.500000  %          0.00
M-1   760944RX8     2,337,700.00     1,928,189.34     6.500000  %     10,223.78
M-2   760944RY6       779,000.00       642,537.33     6.500000  %      3,406.91
M-3   760944RZ3       779,100.00       642,619.80     6.500000  %      3,407.34
B-1                   701,100.00       578,283.59     6.500000  %      3,066.21
B-2                   389,500.00       321,268.64     6.500000  %      1,703.45
B-3                   467,420.45       385,539.25     6.500000  %      2,044.24

- -------------------------------------------------------------------------------
                  155,801,920.45    94,511,928.19                  1,572,215.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       274,670.99  1,816,478.38             0.00         0.00  49,341,191.16
A-2        28,070.07     28,070.07             0.00         0.00   5,200,000.00
A-3        60,528.78     60,528.78             0.00         0.00  11,213,000.00
A-4        73,153.69     73,153.69             0.00         0.00  13,246,094.21
A-5        25,851.31     25,851.31             0.00         0.00   5,094,651.59
A-6        23,626.06     30,182.65             0.00         0.00   4,370,189.30
A-7        23,316.53     23,316.53             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        10,408.54     20,632.32             0.00         0.00   1,917,965.56
M-2         3,468.47      6,875.38             0.00         0.00     639,130.42
M-3         3,468.92      6,876.26             0.00         0.00     639,212.46
B-1         3,121.63      6,187.84             0.00         0.00     575,217.38
B-2         1,734.24      3,437.69             0.00         0.00     319,565.19
B-3         2,081.17      4,125.41             0.00         0.00     383,495.01

- -------------------------------------------------------------------------------
          533,500.40  2,105,716.31             0.00         0.00  92,939,712.28
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    512.752542  15.536931     2.767884    18.304815   0.000000    497.215611
A-2   1000.000000   0.000000     5.398090     5.398090   0.000000   1000.000000
A-3   1000.000000   0.000000     5.398090     5.398090   0.000000   1000.000000
A-4    617.533530   0.000000     3.410428     3.410428   0.000000    617.533530
A-5    617.533526   0.000000     3.133492     3.133492   0.000000    617.533526
A-6    875.349178   1.311318     4.725212     6.036530   0.000000    874.037860
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    824.823262   4.373435     4.452470     8.825905   0.000000    820.449827
M-2    824.823273   4.373440     4.452465     8.825905   0.000000    820.449833
M-3    824.823258   4.373431     4.452471     8.825902   0.000000    820.449827
B-1    824.823263   4.373427     4.452475     8.825902   0.000000    820.449836
B-2    824.823209   4.373427     4.452478     8.825905   0.000000    820.449782
B-3    824.823240   4.373429     4.452480     8.825909   0.000000    820.449790

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:32:58                                        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                       21,630.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,030.68

SUBSERVICER ADVANCES THIS MONTH                                        2,570.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     239,727.06

 (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                                                      92,939,712.28

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          390

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                    1,071,088.30

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.24034900 %     3.39993700 %    1.35971350 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.18549620 %     3.43912022 %    1.37538360 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2973 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              540,104.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,942,992.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.19761287
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              126.60

POOL TRADING FACTOR:                                                59.65248183


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


Run:        07/23/97     15:32:59                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    10,203,363.60     7.050000  %  3,195,076.55
A-4   760944SE9    24,745,827.00    24,745,827.00     7.250000  %          0.00
A-5   760944SF6    47,058,123.00     5,388,985.10     6.500000  %    718,892.22
A-6   760944SG4             0.00             0.00     3.000000  %          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     0.078582  %          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     9,893,436.36     7.500000  %     22,659.38
M-2   760944SP4     5,640,445.00     5,423,519.96     7.500000  %     12,421.73
M-3   760944SQ2     3,760,297.00     3,643,610.05     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     1,094,964.82     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  376,029,704.99   208,931,962.62                  3,949,049.88
===============================================================================
_______________________________________________________________________________
                                                                      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        59,390.04  3,254,466.59             0.00         0.00   7,008,287.05
A-4       148,122.54    148,122.54             0.00         0.00  24,745,827.00
A-5        28,920.22    747,812.44             0.00         0.00   4,670,092.88
A-6        13,347.79     13,347.79             0.00         0.00           0.00
A-7       338,479.93    338,479.93             0.00         0.00  54,662,626.00
A-8       224,327.91    224,327.91             0.00         0.00  36,227,709.00
A-9       212,681.64    212,681.64             0.00         0.00  34,346,901.00
A-10      121,523.02    121,523.02             0.00         0.00  19,625,291.00
A-11       13,555.26     13,555.26             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        61,261.78     83,921.16             0.00         0.00   9,870,776.98
M-2        35,643.10     48,064.83             0.00         0.00   5,411,098.23
M-3        29,522.95     29,522.95             0.00         0.00   3,643,610.05
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   1,075,693.18

- -------------------------------------------------------------------------------
        1,286,776.18  5,235,826.06             0.00         0.00 204,963,641.10
===============================================================================









































Run:        07/23/97     15:32:59
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    205.990598  64.503800     1.198996    65.702796   0.000000    141.486798
A-4   1000.000000   0.000000     5.985758     5.985758   0.000000   1000.000000
A-5    114.517638  15.276687     0.614564    15.891251   0.000000     99.240951
A-7   1000.000000   0.000000     6.192164     6.192164   0.000000   1000.000000
A-8   1000.000000   0.000000     6.192164     6.192164   0.000000   1000.000000
A-9   1000.000000   0.000000     6.192164     6.192164   0.000000   1000.000000
A-10  1000.000000   0.000000     6.192164     6.192164   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    956.736524   2.191256     5.924269     8.115525   0.000000    954.545268
M-2    961.541148   2.202261     6.319200     8.521461   0.000000    959.338887
M-3    968.968688   0.000000     7.851228     7.851228   0.000000    968.968688
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    582.381322   0.000000     0.000000     0.000000   0.000000    572.131273

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:01                                        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                       50,004.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,820.12

SUBSERVICER ADVANCES THIS MONTH                                       18,617.63
MASTER SERVICER ADVANCES THIS MONTH                                    1,662.26


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     837,351.80

 (B)  TWO MONTHLY PAYMENTS:                                    1     878,331.65

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        815,549.62

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     204,963,641.10

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          715

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                 223,091.88

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,489,795.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.64163260 %     9.07499600 %    2.28337180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.44824040 %     9.23358170 %    2.31817790 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0726 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,286,900.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,825,981.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.98734498
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.88

POOL TRADING FACTOR:                                                54.50730046


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


Run:        07/31/97     12:07:16                                    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    36,514,829.71     6.970000  %    123,987.32
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    66,536,142.83                    123,987.32
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       210,826.74    334,814.06             0.00         0.00  36,390,842.39
A-2       173,334.91    173,334.91             0.00         0.00  30,021,313.12
S          13,229.87     13,229.87             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          397,391.52    521,378.84             0.00         0.00  66,412,155.51
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    899.002047   3.052591     5.190594     8.243185   0.000000    895.949456
A-2   1000.000000   0.000000     5.773728     5.773728   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-July-97     
DISTRIBUTION DATE        30-July-97     

Run:     07/31/97     12:07:17                                        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                     1,663.40

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                                                      66,412,155.51

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               2,948,900.35

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            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:                                                94.01696061


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


Run:        07/23/97     15:33:02                                    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-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    12,251,713.90     9.860000  %    100,939.58
A-2   760944SZ2    24,926,000.00             0.00     6.350000  %          0.00
A-3   760944TA6    25,850,000.00     6,981,541.02     6.350000  %    444,134.17
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     6.322000  %          0.00
A-9   760944TH1     1,757,369.00     1,757,369.00     8.898390  %          0.00
A-10  760944TC2             0.00             0.00     0.106030  %          0.00
R     760944TM0           100.00             0.00     7.000000  %          0.00
M-1   760944TJ7     5,350,000.00     5,130,281.29     7.000000  %      5,833.17
M-2   760944TK4     3,210,000.00     3,078,168.78     7.000000  %      3,499.90
M-3   760944TL2     2,141,000.00     2,053,071.43     7.000000  %      2,334.36
B-1                 1,070,000.00     1,026,056.25     7.000000  %      1,166.63
B-2                   642,000.00       615,633.75     7.000000  %        699.98
B-3                   963,170.23       860,071.28     7.000000  %        977.92

- -------------------------------------------------------------------------------
                  214,013,270.23   159,652,537.70                    559,585.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       100,517.10    201,456.68             0.00         0.00  12,150,774.32
A-2             0.00          0.00             0.00         0.00           0.00
A-3        36,888.52    481,022.69             0.00         0.00   6,537,406.85
A-4       247,943.91    247,943.91             0.00         0.00  46,926,000.00
A-5       227,158.42    227,158.42             0.00         0.00  39,000,000.00
A-6        24,975.77     24,975.77             0.00         0.00   4,288,000.00
A-7       179,187.22    179,187.22             0.00         0.00  30,764,000.00
A-8        25,884.60     25,884.60             0.00         0.00   4,920,631.00
A-9        13,011.89     13,011.89             0.00         0.00   1,757,369.00
A-10       14,085.50     14,085.50             0.00         0.00           0.00
R               0.02          0.02             0.00         0.00           0.00
M-1        29,881.71     35,714.88             0.00         0.00   5,124,448.12
M-2        17,929.02     21,428.92             0.00         0.00   3,074,668.88
M-3        11,958.27     14,292.63             0.00         0.00   2,050,737.07
B-1         5,976.34      7,142.97             0.00         0.00   1,024,889.62
B-2         3,585.81      4,285.79             0.00         0.00     614,933.77
B-3         5,009.56      5,987.48             0.00         0.00     859,093.36

- -------------------------------------------------------------------------------
          943,993.66  1,503,579.37             0.00         0.00 159,092,951.99
===============================================================================













































Run:        07/23/97     15:33:02
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    551.754735   4.545804     4.526778     9.072582   0.000000    547.208931
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    270.078956  17.181206     1.427022    18.608228   0.000000    252.897751
A-4   1000.000000   0.000000     5.283721     5.283721   0.000000   1000.000000
A-5   1000.000000   0.000000     5.824575     5.824575   0.000000   1000.000000
A-6   1000.000000   0.000000     5.824573     5.824573   0.000000   1000.000000
A-7   1000.000000   0.000000     5.824575     5.824575   0.000000   1000.000000
A-8   1000.000000   0.000000     5.260423     5.260423   0.000000   1000.000000
A-9   1000.000000   0.000000     7.404188     7.404188   0.000000   1000.000000
R        0.000000   0.000000     0.200000     0.200000   0.000000      0.000000
M-1    958.931082   1.090312     5.585366     6.675678   0.000000    957.840770
M-2    958.931084   1.090312     5.585364     6.675676   0.000000    957.840773
M-3    958.931074   1.090313     5.585367     6.675680   0.000000    957.840761
B-1    958.931075   1.090308     5.585364     6.675672   0.000000    957.840766
B-2    958.931075   1.090312     5.585374     6.675686   0.000000    957.840763
B-3    892.958745   1.015303     5.201106     6.216409   0.000000    891.943431

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:04                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S28 (POOL # 4120)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4120 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       47,173.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,117.81

SUBSERVICER ADVANCES THIS MONTH                                       18,496.72
MASTER SERVICER ADVANCES THIS MONTH                                    2,069.64


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   2,005,537.73

 (B)  TWO MONTHLY PAYMENTS:                                    1     145,090.74

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     174,290.06


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        333,571.86

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     159,092,951.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          564

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                 288,849.04

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      378,059.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.00558730 %     6.42740900 %    1.56700380 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.98658980 %     6.44268268 %    1.57072750 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1057 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,712,943.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,252,997.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.58623463
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.13

POOL TRADING FACTOR:                                                74.33789121


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


Run:        07/23/97     15:33:05                                    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-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    24,817,342.55     6.038793  %    742,153.65
A-2   760944UF3    47,547,000.00    28,799,302.10     6.400000  %    356,681.65
A-3   760944UG1             0.00             0.00     2.600000  %          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    21,440,796.32     7.000000  %    208,997.43
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     0.119986  %          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     3,232,973.16     7.000000  %     17,114.32
M-2   760944UR7     1,948,393.00     1,616,484.04     7.000000  %      8,557.15
M-3   760944US5     1,298,929.00     1,077,656.33     7.000000  %      5,704.77
B-1                   909,250.00       754,359.17     7.000000  %      3,993.34
B-2                   389,679.00       323,297.14     7.000000  %      1,711.43
B-3                   649,465.07       538,828.72     7.000000  %      2,852.38

- -------------------------------------------------------------------------------
                  259,785,708.07   128,349,039.53                  1,347,766.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       124,403.56    866,557.21             0.00         0.00  24,075,188.90
A-2       152,999.26    509,680.91             0.00         0.00  28,442,620.45
A-3        62,155.95     62,155.95             0.00         0.00           0.00
A-4       105,389.60    105,389.60             0.00         0.00  22,048,000.00
A-5        44,057.25     44,057.25             0.00         0.00   8,492,000.00
A-6        88,368.50     88,368.50             0.00         0.00  15,208,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8       124,585.16    333,582.59             0.00         0.00  21,231,798.89
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       12,783.48     12,783.48             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-1        18,785.71     35,900.03             0.00         0.00   3,215,858.84
M-2         9,392.84     17,949.99             0.00         0.00   1,607,926.89
M-3         6,261.90     11,966.67             0.00         0.00   1,071,951.56
B-1         4,383.33      8,376.67             0.00         0.00     750,365.83
B-2         1,878.57      3,590.00             0.00         0.00     321,585.71
B-3         3,130.92      5,983.30             0.00         0.00     535,976.34

- -------------------------------------------------------------------------------
          758,576.03  2,106,342.15             0.00         0.00 127,001,273.41
===============================================================================









































Run:        07/23/97     15:33:05
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    388.828104  11.627764     1.949105    13.576869   0.000000    377.200340
A-2    605.701771   7.501665     3.217853    10.719518   0.000000    598.200106
A-4   1000.000000   0.000000     4.780007     4.780007   0.000000   1000.000000
A-5   1000.000000   0.000000     5.188089     5.188089   0.000000   1000.000000
A-6   1000.000000   0.000000     5.810659     5.810659   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    330.234364   3.219010     1.918879     5.137889   0.000000    327.015354
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    829.649917   4.391900     4.820814     9.212714   0.000000    825.258017
M-2    829.649891   4.391901     4.820814     9.212715   0.000000    825.257990
M-3    829.649912   4.391903     4.820818     9.212721   0.000000    825.258009
B-1    829.649898   4.391905     4.820819     9.212724   0.000000    825.257993
B-2    829.649891   4.391897     4.820814     9.212711   0.000000    825.257994
B-3    829.650038   4.391845     4.820814     9.212659   0.000000    825.258147

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:07                                        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                       29,859.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,157.26

SUBSERVICER ADVANCES THIS MONTH                                       10,082.71
MASTER SERVICER ADVANCES THIS MONTH                                    2,837.84


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     717,977.45

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        228,812.95

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     127,001,273.41

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          557

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                 261,938.16

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      668,327.45

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.12259060 %     4.61796500 %    1.25944460 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.09166150 %     4.64226628 %    1.26607230 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1203 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              723,500.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,305,415.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.52614195
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              126.09

POOL TRADING FACTOR:                                                48.88693622


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


Run:        07/23/97     15:33:08                                    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    14,571,895.75     7.500000  %    102,478.06
A-3   760944SW9    49,628,000.00    42,862,378.04     6.200000  %    301,433.22
A-4   760944SX7    41,944,779.00    37,364,396.71     6.400000  %    204,072.80
A-5   760944SY5       446,221.00       397,493.53   291.400000  %      2,170.99
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    13,620,231.32     7.500000  %     67,891.59
A-11  760944TR9     3,400,000.00     3,400,000.00     7.500000  %          0.00
A-12  760944TS7             0.00             0.00     0.035018  %          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     8,486,643.03     7.500000  %      9,297.36
M-2   760944TY4     4,823,973.00     4,629,077.23     7.500000  %      5,071.29
M-3   760944TZ1     3,215,982.00     3,086,051.49     7.500000  %      3,380.86
B-1                 1,929,589.00     1,851,630.70     7.500000  %      2,028.51
B-2                   803,995.00       771,512.37     7.500000  %        845.21
B-3                 1,286,394.99       555,333.08     7.500000  %        608.38

- -------------------------------------------------------------------------------
                  321,598,232.99   189,364,643.25                    699,278.27
===============================================================================
_______________________________________________________________________________
                                                                      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        90,918.74    193,396.80             0.00         0.00  14,469,417.69
A-3       221,077.25    522,510.47             0.00         0.00  42,560,944.82
A-4       198,936.30    403,009.10             0.00         0.00  37,160,323.91
A-5        96,359.76     98,530.75             0.00         0.00     395,322.54
A-6       186,656.37    186,656.37             0.00         0.00  32,053,000.00
A-7        69,643.31     69,643.31             0.00         0.00  11,162,000.00
A-8        84,418.02     84,418.02             0.00         0.00  13,530,000.00
A-9         6,382.83      6,382.83             0.00         0.00   1,023,000.00
A-10       84,981.01    152,872.60             0.00         0.00  13,552,339.73
A-11       21,213.69     21,213.69             0.00         0.00   3,400,000.00
A-12        5,516.59      5,516.59             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        52,950.89     62,248.25             0.00         0.00   8,477,345.67
M-2        28,882.30     33,953.59             0.00         0.00   4,624,005.94
M-3        19,254.87     22,635.73             0.00         0.00   3,082,670.63
B-1        11,552.92     13,581.43             0.00         0.00   1,849,602.19
B-2         4,813.71      5,658.92             0.00         0.00     770,667.16
B-3         3,464.90      4,073.28             0.00         0.00     496,129.02

- -------------------------------------------------------------------------------
        1,187,023.46  1,886,301.73             0.00         0.00 188,606,769.30
===============================================================================







































Run:        07/23/97     15:33:08
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    284.329673   1.999572     1.774024     3.773596   0.000000    282.330101
A-3    863.673290   6.073854     4.454688    10.528542   0.000000    857.599436
A-4    890.799704   4.865273     4.742814     9.608087   0.000000    885.934431
A-5    890.799693   4.865280   215.946269   220.811549   0.000000    885.934414
A-6   1000.000000   0.000000     5.823367     5.823367   0.000000   1000.000000
A-7   1000.000000   0.000000     6.239322     6.239322   0.000000   1000.000000
A-8   1000.000000   0.000000     6.239322     6.239322   0.000000   1000.000000
A-9   1000.000000   0.000000     6.239326     6.239326   0.000000   1000.000000
A-10   510.694838   2.545616     3.186390     5.732006   0.000000    508.149221
A-11  1000.000000   0.000000     6.239321     6.239321   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    959.598495   1.051268     5.987243     7.038511   0.000000    958.547228
M-2    959.598495   1.051268     5.987243     7.038511   0.000000    958.547227
M-3    959.598496   1.051268     5.987244     7.038512   0.000000    958.547228
B-1    959.598495   1.051265     5.987244     7.038509   0.000000    958.547230
B-2    959.598468   1.051263     5.987239     7.038502   0.000000    958.547205
B-3    431.697173   0.472934     2.693496     3.166430   0.000000    385.673937

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:10                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S30 (POOL # 4122)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4122 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       44,260.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    20,104.64

SUBSERVICER ADVANCES THIS MONTH                                       32,790.51
MASTER SERVICER ADVANCES THIS MONTH                                    4,768.41


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,220,242.02

 (B)  TWO MONTHLY PAYMENTS:                                    1     275,653.04

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,024,848.42

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     188,606,769.30

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          674

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                 641,000.94

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      327,778.38

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.76564600 %     8.55585900 %    1.67849500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.76684630 %     8.58082788 %    1.65232580 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0349 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,057,146.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,647,160.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.94202710
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.29

POOL TRADING FACTOR:                                                58.64670572


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


Run:        07/23/97     15:33:11                                    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-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    46,170,166.50     8.098853  %  1,448,155.88
M     760944SU3     3,678,041.61     3,423,703.44     8.098853  %      2,959.29
R     760944SV1           100.00             0.00     8.098853  %          0.00
B-1                 4,494,871.91     3,698,791.97     8.098853  %      3,197.07
B-2                 1,225,874.16             0.00     8.098853  %          0.00

- -------------------------------------------------------------------------------
                  163,449,887.68    53,292,661.91                  1,454,312.24
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         307,282.48  1,755,438.36             0.00         0.00  44,722,010.62
M          22,786.23     25,745.52             0.00         0.00   3,420,744.15
R               0.00          0.00             0.00         0.00           0.00
B-1        24,617.06     27,814.13             0.00         0.00   3,535,920.18
B-2             0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          354,685.77  1,808,998.01             0.00         0.00  51,678,674.95
===============================================================================











Run:        07/23/97     15:33:11
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      299.707022   9.400496     1.994680    11.395176   0.000000    290.306526
M      930.849567   0.804583     6.195207     6.999790   0.000000    930.044984
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    822.891518   0.711271     5.476699     6.187970   0.000000    786.656495
B-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:12                                        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                       13,767.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,550.04

SUBSERVICER ADVANCES THIS MONTH                                       47,629.85
MASTER SERVICER ADVANCES THIS MONTH                                    5,227.45


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,543,276.90

 (B)  TWO MONTHLY PAYMENTS:                                    2     416,490.53

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     213,761.30


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,035,596.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      51,678,674.95

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

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                 714,606.97

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,028,557.46

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.63512920 %     6.42434300 %    6.94052770 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.53861710 %     6.61925669 %    6.84212620 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              665,091.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,937,391.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.61043838
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.33

POOL TRADING FACTOR:                                                31.61744293


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


Run:        07/23/97     15:33:13                                    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-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             0.00     7.000000  %          0.00
A-2   760944VV7    41,000,000.00    25,265,524.96     7.000000  %    233,283.64
A-3   760944VW5   145,065,000.00   138,155,431.78     7.000000  %  2,108,491.63
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     1,191,865.75     0.000000  %      9,860.15
A-9   760944WC8             0.00             0.00     0.252224  %          0.00
R     760944WG9           100.00             0.00     7.000000  %          0.00
M-1   760944WD6     9,616,700.00     9,205,499.84     7.000000  %     10,328.26
M-2   760944WE4     7,479,800.00     7,159,971.47     7.000000  %      8,033.25
M-3   760944WF1     4,274,200.00     4,091,439.64     7.000000  %      4,590.46
B-1                 2,564,500.00     2,454,844.65     7.000000  %      2,754.25
B-2                   854,800.00       818,249.65     7.000000  %        918.05
B-3                 1,923,420.54       883,641.38     7.000000  %        991.42

- -------------------------------------------------------------------------------
                  427,416,329.03   309,117,469.12                  2,379,251.11
===============================================================================
_______________________________________________________________________________
                                                                      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       146,750.39    380,034.03             0.00         0.00  25,032,241.32
A-3       802,451.71  2,910,943.34             0.00         0.00 136,046,940.15
A-4       209,825.76    209,825.76             0.00         0.00  36,125,000.00
A-5       280,269.12    280,269.12             0.00         0.00  48,253,000.00
A-6       160,768.64    160,768.64             0.00         0.00  27,679,000.00
A-7        45,502.42     45,502.42             0.00         0.00   7,834,000.00
A-8             0.00      9,860.15             0.00         0.00   1,182,005.60
A-9        64,693.87     64,693.87             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        53,468.54     63,796.80             0.00         0.00   9,195,171.58
M-2        41,587.44     49,620.69             0.00         0.00   7,151,938.22
M-3        23,764.41     28,354.87             0.00         0.00   4,086,849.18
B-1        14,258.54     17,012.79             0.00         0.00   2,452,090.40
B-2         4,752.66      5,670.71             0.00         0.00     817,331.60
B-3         5,132.47      6,123.89             0.00         0.00     882,649.96

- -------------------------------------------------------------------------------
        1,853,225.97  4,232,477.08             0.00         0.00 306,738,218.01
===============================================================================

















































Run:        07/23/97     15:33:13
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      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    616.232316   5.689845     3.579278     9.269123   0.000000    610.542471
A-3    952.369157  14.534806     5.531670    20.066476   0.000000    937.834351
A-4   1000.000000   0.000000     5.808326     5.808326   0.000000   1000.000000
A-5   1000.000000   0.000000     5.808325     5.808325   0.000000   1000.000000
A-6   1000.000000   0.000000     5.808325     5.808325   0.000000   1000.000000
A-7   1000.000000   0.000000     5.808325     5.808325   0.000000   1000.000000
A-8    789.415186   6.530729     0.000000     6.530729   0.000000    782.884457
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    957.241033   1.073992     5.559968     6.633960   0.000000    956.167041
M-2    957.241032   1.073993     5.559967     6.633960   0.000000    956.167039
M-3    957.241037   1.073993     5.559967     6.633960   0.000000    956.167044
B-1    957.241041   1.073991     5.559969     6.633960   0.000000    956.167050
B-2    957.241051   1.073994     5.559967     6.633961   0.000000    956.167057
B-3    459.411430   0.515446     2.668408     3.183854   0.000000    458.895983

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:13                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S31 (POOL # 4125)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4125 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       73,782.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    33,945.93

SUBSERVICER ADVANCES THIS MONTH                                       34,327.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,886,907.82

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,035,201.22

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,051,263.18

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     306,738,218.01

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,073

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                    2,032,431.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.03744560 %     6.61784400 %    1.34471070 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.98468610 %     6.66169319 %    1.35362070 %

      BANKRUPTCY AMOUNT AVAILABLE                          50,000.00
      FRAUD AMOUNT AVAILABLE                            3,279,307.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,279,307.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.63817657
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.30

POOL TRADING FACTOR:                                                71.76567603


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


Run:        07/23/97     15:33:14                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    19,340,403.13     6.500000  %  1,758,102.40
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    24,362,732.80     6.500000  %     33,520.28
A-6   760944VG0    64,049,000.00    53,364,022.70     6.500000  %     27,263.16
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     0.250545  %          0.00
R     760944VM7           100.00             0.00     6.500000  %          0.00
M     760944VL9    10,156,500.00     8,431,576.54     6.500000  %     44,394.62
B                     781,392.32       591,188.94     6.500000  %      3,112.77

- -------------------------------------------------------------------------------
                  312,503,992.32   200,055,924.11                  1,866,393.23
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       104,551.82  1,862,654.22             0.00         0.00  17,582,300.73
A-2       201,639.17    201,639.17             0.00         0.00  37,300,000.00
A-3        94,505.52     94,505.52             0.00         0.00  17,482,000.00
A-4        27,678.08     27,678.08             0.00         0.00   5,120,000.00
A-5       131,701.90    165,222.18             0.00         0.00  24,329,212.52
A-6       288,479.27    315,742.43             0.00         0.00  53,336,759.54
A-7       184,145.75    184,145.75             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       41,685.99     41,685.99             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          45,580.06     89,974.68             0.00         0.00   8,387,181.92
B           3,195.90      6,308.67             0.00         0.00     588,076.17

- -------------------------------------------------------------------------------
        1,123,163.46  2,989,556.69             0.00         0.00 198,189,530.88
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    218.594909  19.870953     1.181697    21.052650   0.000000    198.723956
A-2   1000.000000   0.000000     5.405876     5.405876   0.000000   1000.000000
A-3   1000.000000   0.000000     5.405876     5.405876   0.000000   1000.000000
A-4   1000.000000   0.000000     5.405875     5.405875   0.000000   1000.000000
A-5    649.672875   0.893874     3.512051     4.405925   0.000000    648.779001
A-6    833.174955   0.425661     4.504040     4.929701   0.000000    832.749294
A-7   1000.000000   0.000000     5.405876     5.405876   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      830.165563   4.371055     4.487772     8.858827   0.000000    825.794508
B      756.584017   3.983633     4.089994     8.073627   0.000000    752.600384

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:15                                        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                       45,902.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,294.11

SUBSERVICER ADVANCES THIS MONTH                                       20,562.03
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     720,992.78

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,261,256.63

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     198,189,530.88

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          817

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                      813,042.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.48987840 %     4.21461000 %    0.29551180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.47137630 %     4.23189958 %    0.29672410 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2508 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,096,401.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,543,851.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.15171295
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              128.14

POOL TRADING FACTOR:                                                63.41983967


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


Run:        07/23/97     15:33:15                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    29,304,387.53     5.400000  %    728,565.93
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     5.972000  %          0.00
A-9   760944WY0     8,653,500.00     7,320,688.44     9.398668  %          0.00
A-10  760944WU8     8,704,536.00     8,704,536.00     7.000000  %          0.00
A-11  760944WV6     3,108,764.00     3,108,764.00     7.000000  %          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     0.150267  %          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     5,122,653.86     7.000000  %      5,811.62
M-2   760944WQ7     3,209,348.00     3,073,576.43     7.000000  %      3,486.95
M-3   760944WR5     2,139,566.00     2,049,051.57     7.000000  %      2,324.64
B-1                 1,390,718.00     1,331,883.62     7.000000  %      1,511.01
B-2                   320,935.00       307,357.85     7.000000  %        348.70
B-3                   962,805.06       663,130.17     7.000000  %        752.31

- -------------------------------------------------------------------------------
                  213,956,513.06   170,265,916.27                    742,801.16
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       131,594.09    860,160.02             0.00         0.00  28,575,821.60
A-2        97,464.97     97,464.97             0.00         0.00  18,171,000.00
A-3        25,083.29     25,083.29             0.00         0.00   4,309,000.00
A-4       194,990.29    194,990.29             0.00         0.00  33,496,926.28
A-5         2,609.15      2,609.15             0.00         0.00     448,220.39
A-6       133,868.83    133,868.83             0.00         0.00  26,829,850.30
A-7        74,371.57     74,371.57             0.00         0.00   8,943,283.44
A-8        84,831.76     84,831.76             0.00         0.00  17,081,606.39
A-9        57,217.42     57,217.42             0.00         0.00   7,320,688.44
A-10       50,670.32     50,670.32             0.00         0.00   8,704,536.00
A-11       18,096.55     18,096.55             0.00         0.00   3,108,764.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       47,301.81     47,301.81             0.00         0.00           0.00
A-14       21,276.48     21,276.48             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-1        29,819.69     35,631.31             0.00         0.00   5,116,842.24
M-2        17,891.72     21,378.67             0.00         0.00   3,070,089.48
M-3        11,927.81     14,252.45             0.00         0.00   2,046,726.93
B-1         7,753.08      9,264.09             0.00         0.00   1,330,372.61
B-2         1,789.17      2,137.87             0.00         0.00     307,009.15
B-3         3,860.17      4,612.48             0.00         0.00     662,377.86

- -------------------------------------------------------------------------------
        1,012,418.17  1,755,219.33             0.00         0.00 169,523,115.11
===============================================================================



































Run:        07/23/97     15:33:15
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    495.416604  12.317052     2.224715    14.541767   0.000000    483.099552
A-2   1000.000000   0.000000     5.363765     5.363765   0.000000   1000.000000
A-3   1000.000000   0.000000     5.821139     5.821139   0.000000   1000.000000
A-4    963.172558   0.000000     5.606762     5.606762   0.000000    963.172558
A-5    912.872485   0.000000     5.313951     5.313951   0.000000    912.872485
A-6    918.909163   0.000000     4.584942     4.584942   0.000000    918.909164
A-7    918.909164   0.000000     7.641569     7.641569   0.000000    918.909164
A-8    845.980060   0.000000     4.201360     4.201360   0.000000    845.980060
A-9    845.980059   0.000000     6.612055     6.612055   0.000000    845.980059
A-10  1000.000000   0.000000     5.821140     5.821140   0.000000   1000.000000
A-11  1000.000000   0.000000     5.821140     5.821140   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    957.694964   1.086499     5.574877     6.661376   0.000000    956.608465
M-2    957.694968   1.086498     5.574877     6.661375   0.000000    956.608470
M-3    957.694958   1.086501     5.574874     6.661375   0.000000    956.608457
B-1    957.694960   1.086496     5.574876     6.661372   0.000000    956.608464
B-2    957.695016   1.086513     5.574867     6.661380   0.000000    956.608503
B-3    688.748115   0.781373     4.009296     4.790669   0.000000    687.966742

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:16                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S34 (POOL # 4127)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4127 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       36,660.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,968.19

SUBSERVICER ADVANCES THIS MONTH                                        9,490.30
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     880,581.77

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     229,798.90


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        227,765.37

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     169,523,115.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          581

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                      549,635.59

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.63055470 %     6.01722400 %    1.35222110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.60666120 %     6.03673348 %    1.35660530 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1504 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,772,076.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,047,327.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.53413120
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.61

POOL TRADING FACTOR:                                                79.23250977


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


Run:        07/23/97     15:33:17                                    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    43,064,624.19     8.171830  %  1,386,208.96
M     760944VP0     3,025,700.00     2,784,636.27     8.171830  %      2,329.82
R     760944VQ8           100.00             0.00     8.171830  %          0.00
B-1                 3,429,100.00     2,316,912.09     8.171830  %      1,938.48
B-2                   941,300.03             0.00     8.171830  %          0.00

- -------------------------------------------------------------------------------
                  134,473,200.03    48,166,172.55                  1,390,477.26
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         288,990.59  1,675,199.55             0.00         0.00  41,678,415.23
M          18,686.66     21,016.48             0.00         0.00   2,782,306.45
R               0.00          0.00             0.00         0.00           0.00
B-1        15,547.92     17,486.40             0.00         0.00   2,314,973.61
B-2             0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          323,225.17  1,713,702.43             0.00         0.00  46,775,695.29
===============================================================================











Run:        07/23/97     15:33:17
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      338.886063  10.908417     2.274138    13.182555   0.000000    327.977645
M      920.327947   0.770010     6.175979     6.945989   0.000000    919.557937
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    675.661862   0.565300     4.534114     5.099414   0.000000    675.096559
B-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:17                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S38 (POOL # 4128)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4128 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,561.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,935.46

SUBSERVICER ADVANCES THIS MONTH                                       33,027.72
MASTER SERVICER ADVANCES THIS MONTH                                    4,427.23


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     541,904.77

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,993,860.59

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,846,103.31

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      46,775,695.29

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          159

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                 618,731.79

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,350,178.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.40844150 %     5.78131100 %    4.81024750 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.10271660 %     5.94818833 %    4.94909500 %

      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                          8.66449354
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              312.25

POOL TRADING FACTOR:                                                34.78439963


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


Run:        07/23/97     15:33:18                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    12,312,259.18     6.846388  %  1,121,755.92
A-2   760944XA1    25,550,000.00    25,550,000.00     6.846388  %          0.00
A-3   760944XB9    15,000,000.00    11,994,411.89     6.846388  %    227,964.53
A-4                32,700,000.00    32,700,000.00     6.846388  %          0.00
A-5   760944XC7             0.00             0.00     0.050800  %          0.00
R     760944XD5           100.00             0.00     6.846388  %          0.00
B-1                 2,684,092.00     2,564,730.61     6.846388  %      2,905.38
B-2                 1,609,940.00     1,538,346.10     6.846388  %      1,742.67
B-3                 1,341,617.00     1,281,955.38     6.846388  %      1,452.23
B-4                   536,646.00       512,781.42     6.846388  %        580.89
B-5                   375,652.00       358,946.80     6.846388  %        406.62
B-6                   429,317.20       336,021.22     6.846388  %        380.65

- -------------------------------------------------------------------------------
                  107,329,364.20    89,149,452.60                  1,357,188.89
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        69,273.62  1,191,029.54             0.00         0.00  11,190,503.26
A-2       143,754.36    143,754.36             0.00         0.00  25,550,000.00
A-3        67,485.29    295,449.82             0.00         0.00  11,766,447.36
A-4       183,983.09    183,983.09             0.00         0.00  32,700,000.00
A-5         3,721.78      3,721.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B-1        14,430.19     17,335.57             0.00         0.00   2,561,825.23
B-2         8,655.34     10,398.01             0.00         0.00   1,536,603.43
B-3         7,212.79      8,665.02             0.00         0.00   1,280,503.15
B-4         2,885.11      3,466.00             0.00         0.00     512,200.53
B-5         2,019.58      2,426.20             0.00         0.00     358,540.18
B-6         1,890.58      2,271.23             0.00         0.00     335,640.57

- -------------------------------------------------------------------------------
          505,311.73  1,862,500.62             0.00         0.00  87,792,263.71
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    454.293380  41.390153     2.556034    43.946187   0.000000    412.903227
A-2   1000.000000   0.000000     5.626394     5.626394   0.000000   1000.000000
A-3    799.627459  15.197635     4.499019    19.696654   0.000000    784.429824
A-4   1000.000000   0.000000     5.626394     5.626394   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    955.530068   1.082444     5.376191     6.458635   0.000000    954.447623
B-2    955.530082   1.082444     5.376188     6.458632   0.000000    954.447638
B-3    955.530066   1.082448     5.376192     6.458640   0.000000    954.447618
B-4    955.530126   1.082445     5.376188     6.458633   0.000000    954.447681
B-5    955.530118   1.082438     5.376199     6.458637   0.000000    954.447680
B-6    782.687533   0.886617     4.403714     5.290331   0.000000    781.800892

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:19                                        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                       17,995.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,248.76

SUBSERVICER ADVANCES THIS MONTH                                        3,444.47
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     510,339.15

 (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                                                      87,792,263.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          310

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                    1,256,198.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.60479860 %     7.39520140 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.49898250 %     7.50101750 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,755.00
      FRAUD AMOUNT AVAILABLE                              923,009.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     536,647.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.26630979
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.65

POOL TRADING FACTOR:                                                81.79705933


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


Run:        07/23/97     15:33:20                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     2,983,186.34     7.087045  %    136,506.14
A-2   760944XF0    25,100,000.00     4,643,468.35     7.087045  %  1,319,172.42
A-3   760944XG8    29,000,000.00     5,364,963.42     5.997045  %  1,524,143.44
A-4   760944ZC5             0.00             0.00     1.090000  %          0.00
A-5   760944XH6    52,129,000.00    52,129,000.00     7.087045  %          0.00
A-6   760944XJ2    35,266,000.00    35,266,000.00     7.087045  %          0.00
A-7   760944XK9    41,282,000.00    41,282,000.00     7.087045  %          0.00
R-I   760944XL7           100.00             0.00     7.087045  %          0.00
R-II  760944XQ6       210,347.00             0.00     7.087045  %          0.00
M-1   760944XM5     5,029,000.00     4,828,838.61     7.087045  %      5,341.42
M-2   760944XN3     3,520,000.00     3,379,898.99     7.087045  %      3,738.68
M-3   760944XP8     2,012,000.00     1,931,919.52     7.087045  %      2,136.99
B-1   760944B80     1,207,000.00     1,158,959.67     7.087045  %      1,281.98
B-2   760944B98       402,000.00       385,999.80     7.087045  %        426.97
B-3                   905,558.27       408,645.76     7.087045  %        452.04

- -------------------------------------------------------------------------------
                  201,163,005.27   153,762,880.46                  2,993,200.08
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        17,478.77    153,984.91             0.00         0.00   2,846,680.20
A-2        27,206.51  1,346,378.93             0.00         0.00   3,324,295.93
A-3        26,599.24  1,550,742.68             0.00         0.00   3,840,819.98
A-4         4,834.58      4,834.58             0.00         0.00           0.00
A-5       305,428.70    305,428.70             0.00         0.00  52,129,000.00
A-6       206,626.80    206,626.80             0.00         0.00  35,266,000.00
A-7       241,875.11    241,875.11             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        28,292.62     33,634.04             0.00         0.00   4,823,497.19
M-2        19,803.15     23,541.83             0.00         0.00   3,376,160.31
M-3        11,319.30     13,456.29             0.00         0.00   1,929,782.53
B-1         6,790.46      8,072.44             0.00         0.00   1,157,677.69
B-2         2,261.60      2,688.57             0.00         0.00     385,572.83
B-3         2,394.29      2,846.33             0.00         0.00     408,193.72

- -------------------------------------------------------------------------------
          900,911.13  3,894,111.21             0.00         0.00 150,769,680.38
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    584.938498  26.765910     3.427210    30.193120   0.000000    558.172588
A-2    184.998739  52.556670     1.083925    53.640595   0.000000    132.442069
A-3    184.998739  52.556670     0.917215    53.473885   0.000000    132.442068
A-5   1000.000000   0.000000     5.859094     5.859094   0.000000   1000.000000
A-6   1000.000000   0.000000     5.859094     5.859094   0.000000   1000.000000
A-7   1000.000000   0.000000     5.859094     5.859094   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    960.198570   1.062124     5.625894     6.688018   0.000000    959.136447
M-2    960.198577   1.062125     5.625895     6.688020   0.000000    959.136452
M-3    960.198569   1.062122     5.625895     6.688017   0.000000    959.136446
B-1    960.198567   1.062121     5.625899     6.688020   0.000000    959.136446
B-2    960.198507   1.062114     5.625871     6.687985   0.000000    959.136393
B-3    451.263904   0.499162     2.643993     3.143155   0.000000    450.764720

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:21                                        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                       31,754.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,144.76

SUBSERVICER ADVANCES THIS MONTH                                        8,854.25
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     755,745.91

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      77,106.43


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        440,884.31

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     150,769,680.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          539

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                    2,823,115.12

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.13447200 %     6.59499700 %    1.27053110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.98719250 %     6.71848611 %    1.29432140 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,614,792.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,669,585.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.45979760
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.80

POOL TRADING FACTOR:                                                74.94900972


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


Run:        07/23/97     15:33:22                                    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             0.00     6.573370  %          0.00
A-2   760944XR4     6,046,000.00             0.00     4.450000  %          0.00
A-3   760944XS2    17,312,000.00    15,833,698.16     5.065000  %    953,775.51
A-4   760944YL6    53,021,000.00    32,826,557.74     6.250000  %    553,230.56
A-5   760944YM4    24,343,000.00    16,595,084.69     6.150000  %    729,837.24
A-6   760944YN2             0.00             0.00     2.350000  %          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    29,551,434.61     7.000000  %     94,649.07
A-12  760944YX0    16,300,192.00    11,995,104.41     6.450000  %          0.00
A-13  760944YY8     8,444,808.00     6,214,427.03     4.922050  %          0.00
A-14  760944YZ5             0.00             0.00     0.209433  %          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     6,920,520.94     6.500000  %     36,108.69
B                     777,263.95       433,155.99     6.500000  %      2,260.06

- -------------------------------------------------------------------------------
                  259,085,063.95   169,813,983.57                  2,369,861.13
===============================================================================
_______________________________________________________________________________
                                                                      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        66,503.88  1,020,279.39             0.00         0.00  14,879,922.65
A-4       170,133.78    723,364.34             0.00         0.00  32,273,327.18
A-5        84,633.01    814,470.25             0.00         0.00  15,865,247.45
A-6        32,339.45     32,339.45             0.00         0.00           0.00
A-7        23,181.64     23,181.64             0.00         0.00   4,877,000.00
A-8        39,757.06     39,757.06             0.00         0.00   7,400,000.00
A-9       139,686.94    139,686.94             0.00         0.00  26,000,000.00
A-10       58,382.04     58,382.04             0.00         0.00  11,167,000.00
A-11      171,538.58    266,187.65             0.00         0.00  29,456,785.54
A-12       64,157.73     64,157.73             0.00         0.00  11,995,104.41
A-13       25,364.85     25,364.85             0.00         0.00   6,214,427.03
A-14       29,491.91     29,491.91             0.00         0.00           0.00
R-I             1.84          1.84             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          37,302.45     73,411.14             0.00         0.00   6,884,412.25
B           2,334.77      4,594.83             0.00         0.00     430,895.93

- -------------------------------------------------------------------------------
          944,809.93  3,314,671.06             0.00         0.00 167,444,122.44
===============================================================================













































Run:        07/23/97     15:33:22
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      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    914.608258  55.093317     3.841490    58.934807   0.000000    859.514941
A-4    619.123701  10.434178     3.208800    13.642978   0.000000    608.689523
A-5    681.718962  29.981401     3.476688    33.458089   0.000000    651.737561
A-7   1000.000000   0.000000     4.753258     4.753258   0.000000   1000.000000
A-8   1000.000000   0.000000     5.372576     5.372576   0.000000   1000.000000
A-9   1000.000000   0.000000     5.372575     5.372575   0.000000   1000.000000
A-10  1000.000000   0.000000     5.228086     5.228086   0.000000   1000.000000
A-11   738.693529   2.365931     4.287929     6.653860   0.000000    736.327598
A-12   735.887308   0.000000     3.936011     3.936011   0.000000    735.887308
A-13   735.887309   0.000000     3.003603     3.003603   0.000000    735.887309
R-I      0.000000   0.000000    18.380000    18.380000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      834.642402   4.354852     4.498824     8.853676   0.000000    830.287550
B      557.283005   2.907700     3.003819     5.911519   0.000000    554.375293

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:23                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S36 (POOL # 4131)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4131 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       41,162.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    18,312.94

SUBSERVICER ADVANCES THIS MONTH                                       31,306.52
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,597,998.42

 (B)  TWO MONTHLY PAYMENTS:                                    1     216,618.14

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        213,857.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     167,444,122.44

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          726

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                    1,483,835.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.66956930 %     4.07535400 %    0.25507680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.63119440 %     4.11146844 %    0.25733710 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2092 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,853,424.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,911,712.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.12660452
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              128.81

POOL TRADING FACTOR:                                                64.62901407


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


Run:        07/23/97     15:33:23                                    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-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     3,560,697.53     7.000000  %  1,117,885.10
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     6.400000  %          0.00
A-7   760944ZK7             0.00             0.00     3.100000  %          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     0.124914  %          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     6,396,796.56     7.000000  %      7,064.02
M-2   760944ZS0     4,012,200.00     3,837,963.17     7.000000  %      4,238.29
M-3   760944ZT8     2,674,800.00     2,558,642.11     7.000000  %      2,825.53
B-1                 1,604,900.00     1,535,204.38     7.000000  %      1,695.34
B-2                   534,900.00       511,671.04     7.000000  %        565.04
B-3                 1,203,791.32       722,167.40     7.000000  %        797.49

- -------------------------------------------------------------------------------
                  267,484,931.32   215,946,082.19                  1,135,070.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        20,717.69  1,138,602.79             0.00         0.00   2,442,812.43
A-2       149,641.33    149,641.33             0.00         0.00  29,037,000.00
A-3       194,882.31    194,882.31             0.00         0.00  36,634,000.00
A-4       103,248.41    103,248.41             0.00         0.00  18,679,000.00
A-5       249,237.47    249,237.47             0.00         0.00  43,144,000.00
A-6       114,703.30    114,703.30             0.00         0.00  21,561,940.00
A-7        55,559.41     55,559.41             0.00         0.00           0.00
A-8        98,913.39     98,913.39             0.00         0.00  17,000,000.00
A-9       122,187.13    122,187.13             0.00         0.00  21,000,000.00
A-10       56,828.65     56,828.65             0.00         0.00   9,767,000.00
A-11       22,421.57     22,421.57             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        37,219.35     44,283.37             0.00         0.00   6,389,732.54
M-2        22,330.94     26,569.23             0.00         0.00   3,833,724.88
M-3        14,887.29     17,712.82             0.00         0.00   2,555,816.58
B-1         8,932.49     10,627.83             0.00         0.00   1,533,509.04
B-2         2,977.13      3,542.17             0.00         0.00     511,106.00
B-3         4,201.87      4,999.36             0.00         0.00     721,369.91

- -------------------------------------------------------------------------------
        1,278,889.73  2,413,960.54             0.00         0.00 214,811,011.38
===============================================================================









































Run:        07/23/97     15:33:23
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     66.007295  20.723067     0.384059    21.107126   0.000000     45.284229
A-2   1000.000000   0.000000     5.153471     5.153471   0.000000   1000.000000
A-3   1000.000000   0.000000     5.319711     5.319711   0.000000   1000.000000
A-4   1000.000000   0.000000     5.527513     5.527513   0.000000   1000.000000
A-5   1000.000000   0.000000     5.776874     5.776874   0.000000   1000.000000
A-6   1000.000000   0.000000     5.319711     5.319711   0.000000   1000.000000
A-8   1000.000000   0.000000     5.818435     5.818435   0.000000   1000.000000
A-9   1000.000000   0.000000     5.818435     5.818435   0.000000   1000.000000
A-10  1000.000000   0.000000     5.818435     5.818435   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    956.573238   1.056349     5.565760     6.622109   0.000000    955.516889
M-2    956.573244   1.056351     5.565759     6.622110   0.000000    955.516894
M-3    956.573243   1.056352     5.565758     6.622110   0.000000    955.516891
B-1    956.573232   1.056352     5.565761     6.622113   0.000000    955.516880
B-2    956.573266   1.056347     5.565769     6.622116   0.000000    955.516919
B-3    599.910789   0.662474     3.490539     4.153013   0.000000    599.248307

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:24                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S37 (POOL # 4132)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4132 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       51,719.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,809.05

SUBSERVICER ADVANCES THIS MONTH                                       30,307.08
MASTER SERVICER ADVANCES THIS MONTH                                    3,953.77


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,278,452.29

 (B)  TWO MONTHLY PAYMENTS:                                    2     486,598.72

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,585,811.71

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     214,811,011.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          762

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                 563,748.45

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      896,600.12

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.79336560 %     5.92435000 %    1.28228440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.76328580 %     5.94907771 %    1.28763650 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1254 %

      BANKRUPTCY AMOUNT AVAILABLE                         117,074.00
      FRAUD AMOUNT AVAILABLE                            2,248,646.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,062,558.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.53904774
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.88

POOL TRADING FACTOR:                                                80.30770568


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


Run:        07/23/97     15:33:24                                    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-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    58,617,395.83     6.250000  %    932,010.98
A-2   760944ZB7             0.00             0.00     2.750000  %          0.00
A-3   760944ZD3    59,980,000.00    32,367,224.92     5.500000  %  1,242,681.31
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     5.850000  %          0.00
A-10  760944ZW1    11,262,000.00    11,262,000.00    11.024796  %          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     4,234,616.82     0.000000  %     16,018.79
A-16  760944A40             0.00             0.00     0.078144  %          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     6,896,363.37     7.000000  %      7,842.86
M-2   760944B49     4,801,400.00     4,597,256.43     7.000000  %      5,228.21
M-3   760944B56     3,200,900.00     3,064,805.71     7.000000  %      3,485.44
B-1                 1,920,600.00     1,838,940.85     7.000000  %      2,091.33
B-2                   640,200.00       612,980.29     7.000000  %        697.11
B-3                 1,440,484.07     1,098,322.78     7.000000  %      1,249.06

- -------------------------------------------------------------------------------
                  320,088,061.92   251,630,929.01                  2,211,305.09
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       303,713.02  1,235,724.00             0.00         0.00  57,685,384.85
A-2       133,633.73    133,633.73             0.00         0.00           0.00
A-3       147,579.16  1,390,260.47             0.00         0.00  31,124,543.61
A-4       199,371.93    199,371.93             0.00         0.00  34,356,514.27
A-5        62,887.45     62,887.45             0.00         0.00  10,837,000.00
A-6        14,768.71     14,768.71             0.00         0.00   2,545,000.00
A-7        37,023.34     37,023.34             0.00         0.00   6,380,000.00
A-8        40,078.72     40,078.72             0.00         0.00   6,906,514.27
A-9       191,149.99    191,149.99             0.00         0.00  39,415,000.00
A-10      102,930.23    102,930.23             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       97,427.09     97,427.09             0.00         0.00  16,789,000.00
A-15            0.00     16,018.79             0.00         0.00   4,218,598.03
A-16       16,301.16     16,301.16             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        40,019.82     47,862.68             0.00         0.00   6,888,520.51
M-2        26,678.02     31,906.23             0.00         0.00   4,592,028.22
M-3        17,785.16     21,270.60             0.00         0.00   3,061,320.27
B-1        10,671.43     12,762.76             0.00         0.00   1,836,849.52
B-2         3,557.15      4,254.26             0.00         0.00     612,283.18
B-3         6,373.60      7,622.66             0.00         0.00   1,097,073.72

- -------------------------------------------------------------------------------
        1,451,949.71  3,663,254.80             0.00         0.00 249,419,623.92
===============================================================================































Run:        07/23/97     15:33:24
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    728.582741  11.584396     3.774990    15.359386   0.000000    716.998345
A-3    539.633627  20.718261     2.460473    23.178734   0.000000    518.915365
A-4    803.491996   0.000000     4.662689     4.662689   0.000000    803.491996
A-5   1000.000000   0.000000     5.803031     5.803031   0.000000   1000.000000
A-6   1000.000000   0.000000     5.803029     5.803029   0.000000   1000.000000
A-7   1000.000000   0.000000     5.803031     5.803031   0.000000   1000.000000
A-8    451.140785   0.000000     2.617984     2.617984   0.000000    451.140785
A-9   1000.000000   0.000000     4.849676     4.849676   0.000000   1000.000000
A-10  1000.000000   0.000000     9.139605     9.139605   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     5.803031     5.803031   0.000000   1000.000000
A-15   843.939557   3.192471     0.000000     3.192471   0.000000    840.747086
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    957.482488   1.088893     5.556302     6.645195   0.000000    956.393595
M-2    957.482491   1.088893     5.556300     6.645193   0.000000    956.393598
M-3    957.482492   1.088894     5.556300     6.645194   0.000000    956.393599
B-1    957.482479   1.088894     5.556300     6.645194   0.000000    956.393585
B-2    957.482490   1.088894     5.556311     6.645205   0.000000    956.393596
B-3    762.467842   0.867111     4.424624     5.291735   0.000000    761.600731

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:25                                        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                       67,754.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    26,856.20

SUBSERVICER ADVANCES THIS MONTH                                       21,771.73
MASTER SERVICER ADVANCES THIS MONTH                                    3,195.27


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,660,738.57

 (B)  TWO MONTHLY PAYMENTS:                                    1     279,534.38

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,201,524.26

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     249,419,623.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          898

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                 470,959.40

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,925,062.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.68029940 %     5.88465700 %    1.43504320 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.62316490 %     5.83028263 %    1.44624450 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,653,691.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,449,884.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.41004889
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.87

POOL TRADING FACTOR:                                                77.92218880


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


Run:        07/23/97     15:33:26                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     1,775,383.63     6.000000  %    907,293.77
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     5.872000  %          0.00
A-9   760944YF9     3,770,880.00     3,530,467.90     5.329946  %          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     5.972000  %          0.00
A-12  760944XX1       987,000.00       987,000.00     6.048000  %          0.00
A-13  760944XY9             0.00             0.00     0.377759  %          0.00
R     760944YK8       109,869.00             0.00     6.000000  %          0.00
M-1   760944YH5     2,008,172.00     1,672,373.00     6.000000  %      8,777.53
M-2   760944YJ1     3,132,748.00     2,608,901.54     6.000000  %     13,692.94
B                     481,961.44       401,369.63     6.000000  %      2,106.60

- -------------------------------------------------------------------------------
                  160,653,750.44   114,644,743.56                    931,870.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         8,867.78    916,161.55             0.00         0.00     868,089.86
A-2       116,804.63    116,804.63             0.00         0.00  23,385,000.00
A-3       176,568.04    176,568.04             0.00         0.00  35,350,000.00
A-4        17,991.46     17,991.46             0.00         0.00   3,602,000.00
A-5        50,572.88     50,572.88             0.00         0.00  10,125,000.00
A-6        72,280.69     72,280.69             0.00         0.00  14,471,035.75
A-7        24,450.81     24,450.81             0.00         0.00   4,895,202.95
A-8        42,233.26     42,233.26             0.00         0.00   8,639,669.72
A-9        15,664.86     15,664.86             0.00         0.00   3,530,467.90
A-10       10,428.85     10,428.85             0.00         0.00   1,509,339.44
A-11        8,411.85      8,411.85             0.00         0.00   1,692,000.00
A-12        4,969.36      4,969.36             0.00         0.00     987,000.00
A-13       36,052.94     36,052.94             0.00         0.00           0.00
R               0.01          0.01             0.00         0.00           0.00
M-1         8,353.26     17,130.79             0.00         0.00   1,663,595.47
M-2        13,031.08     26,724.02             0.00         0.00   2,595,208.60
B           2,004.79      4,111.39             0.00         0.00     399,263.03

- -------------------------------------------------------------------------------
          608,686.55  1,540,557.39             0.00         0.00 113,712,872.72
===============================================================================















































Run:        07/23/97     15:33:26
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     50.977220  26.051448     0.254624    26.306072   0.000000     24.925772
A-2   1000.000000   0.000000     4.994853     4.994853   0.000000   1000.000000
A-3   1000.000000   0.000000     4.994853     4.994853   0.000000   1000.000000
A-4   1000.000000   0.000000     4.994853     4.994853   0.000000   1000.000000
A-5   1000.000000   0.000000     4.994852     4.994852   0.000000   1000.000000
A-6    578.841430   0.000000     2.891228     2.891228   0.000000    578.841430
A-7    916.361466   0.000000     4.577089     4.577089   0.000000    916.361466
A-8    936.245093   0.000000     4.576643     4.576643   0.000000    936.245093
A-9    936.245094   0.000000     4.154166     4.154166   0.000000    936.245094
A-10   936.245093   0.000000     6.469028     6.469028   0.000000    936.245093
A-11  1000.000000   0.000000     4.971543     4.971543   0.000000   1000.000000
A-12  1000.000000   0.000000     5.034813     5.034813   0.000000   1000.000000
R        0.000000   0.000000     0.000091     0.000091   0.000000      0.000000
M-1    832.783746   4.370905     4.159634     8.530539   0.000000    828.412840
M-2    832.783722   4.370904     4.159632     8.530536   0.000000    828.412818
B      832.783697   4.370910     4.159627     8.530537   0.000000    828.412788

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:26                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S42 (POOL # 4134)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4134 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,778.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,143.21

SUBSERVICER ADVANCES THIS MONTH                                       23,808.99
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,729,428.71

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     224,579.22


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        151,379.85

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     113,712,872.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          452

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                      330,152.64

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.91551780 %     0.35009900 %    3.73438360 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.90365890 %     0.35111507 %    3.74522600 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3781 %

      BANKRUPTCY AMOUNT AVAILABLE                          50,000.00
      FRAUD AMOUNT AVAILABLE                              628,280.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,927,451.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.74177829
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              130.61

POOL TRADING FACTOR:                                                70.78133714


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


Run:        07/23/97     15:33:27                                    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-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    75,626,442.54     6.150000  %  1,308,595.51
A-2   760944C30             0.00             0.00     1.350000  %          0.00
A-3   760944C48    30,006,995.00     8,270,982.75     4.750000  %    490,726.44
A-4   760944C55             0.00             0.00     1.350000  %          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    42,668,428.04     6.750000  %          0.00
A-11  760944D47     4,850,379.00     4,005,133.35     0.000000  %      6,196.01
A-12  760944D54             0.00             0.00     0.134212  %          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    10,362,711.73     6.750000  %     12,217.74
M-2   760944E20     6,487,300.00     6,217,435.38     6.750000  %      7,330.42
M-3   760944E38     4,325,000.00     4,145,084.72     6.750000  %      4,887.10
B-1                 2,811,100.00     2,694,161.28     6.750000  %      3,176.44
B-2                   865,000.00       829,016.95     6.750000  %        977.42
B-3                 1,730,037.55     1,176,897.89     6.750000  %      1,387.57

- -------------------------------------------------------------------------------
                  432,489,516.55   348,364,425.95                  1,835,494.65
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       386,665.26  1,695,260.77             0.00         0.00  74,317,847.03
A-2        24,753.88     24,753.88             0.00         0.00           0.00
A-3        32,661.58    523,388.02             0.00         0.00   7,780,256.31
A-4        60,123.95     60,123.95             0.00         0.00           0.00
A-5       308,819.43    308,819.43             0.00         0.00  59,913,758.57
A-6        33,912.17     33,912.17             0.00         0.00   6,579,267.84
A-7       131,959.97    131,959.97             0.00         0.00  24,049,823.12
A-8       316,387.34    316,387.34             0.00         0.00  56,380,504.44
A-9       255,019.92    255,019.92             0.00         0.00  45,444,777.35
A-10            0.00          0.00       239,440.04         0.00  42,907,868.08
A-11            0.00      6,196.01             0.00         0.00   3,998,937.34
A-12       38,869.78     38,869.78             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        58,151.85     70,369.59             0.00         0.00  10,350,493.99
M-2        34,890.03     42,220.45             0.00         0.00   6,210,104.96
M-3        23,260.74     28,147.84             0.00         0.00   4,140,197.62
B-1        15,118.68     18,295.12             0.00         0.00   2,690,984.84
B-2         4,652.15      5,629.57             0.00         0.00     828,039.53
B-3         6,604.33      7,991.90             0.00         0.00   1,175,510.32

- -------------------------------------------------------------------------------
        1,731,851.06  3,567,345.71       239,440.04         0.00 346,768,371.34
===============================================================================







































Run:        07/23/97     15:33:27
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    557.972001   9.654820     2.852817    12.507637   0.000000    548.317181
A-3    275.635156  16.353735     1.088466    17.442201   0.000000    259.281421
A-5    963.750404   0.000000     4.967554     4.967554   0.000000    963.750404
A-6    966.588862   0.000000     4.982184     4.982184   0.000000    966.588862
A-7    973.681464   0.000000     5.342533     5.342533   0.000000    973.681465
A-8    990.697237   0.000000     5.559441     5.559441   0.000000    990.697237
A-9    984.076044   0.000000     5.522285     5.522285   0.000000    984.076044
A-10  1114.087262   0.000000     0.000000     0.000000   6.251861   1120.339123
A-11   825.736164   1.277428     0.000000     1.277428   0.000000    824.458736
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    958.401085   1.129964     5.378206     6.508170   0.000000    957.271121
M-2    958.401088   1.129965     5.378205     6.508170   0.000000    957.271124
M-3    958.401091   1.129965     5.378206     6.508171   0.000000    957.271126
B-1    958.401081   1.129963     5.378208     6.508171   0.000000    957.271118
B-2    958.401098   1.129965     5.378208     6.508173   0.000000    957.271133
B-3    680.273032   0.802046     3.817449     4.619495   0.000000    679.470986

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:28                                        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                      102,605.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    37,620.77

SUBSERVICER ADVANCES THIS MONTH                                       39,902.63
MASTER SERVICER ADVANCES THIS MONTH                                      672.85


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   3,730,029.16

 (B)  TWO MONTHLY PAYMENTS:                                    3     443,026.07

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,808,904.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     346,768,371.34

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,290

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                 103,135.60

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,185,117.98

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.61663370 %     6.01849100 %    1.36487560 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.59113310 %     5.96963226 %    1.36958960 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1334 %

      BANKRUPTCY AMOUNT AVAILABLE                         105,546.00
      FRAUD AMOUNT AVAILABLE                            3,651,929.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,425,710.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.28498261
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.30

POOL TRADING FACTOR:                                                80.17960160


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


Run:        07/23/97     15:33:28                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     8,402,269.11     6.500000  %  2,071,392.10
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    25,599,099.09     6.500000  %     29,060.82
A-11  760944G28             0.00             0.00     0.335939  %          0.00
R     760944G36     5,463,000.00        35,306.63     6.500000  %          0.00
M-1   760944G44     6,675,300.00     6,400,062.39     6.500000  %      7,265.53
M-2   760944G51     4,005,100.00     3,839,960.72     6.500000  %      4,359.23
M-3   760944G69     2,670,100.00     2,560,005.76     6.500000  %      2,906.19
B-1                 1,735,600.00     1,664,037.32     6.500000  %      1,889.06
B-2                   534,100.00       512,077.87     6.500000  %        581.33
B-3                 1,068,099.02       774,931.74     6.500000  %        879.72

- -------------------------------------------------------------------------------
                  267,002,299.02   219,585,750.63                  2,118,333.98
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        45,341.21  2,116,733.31             0.00         0.00   6,330,877.01
A-2       133,180.82    133,180.82             0.00         0.00  16,042,000.00
A-3       171,871.75    171,871.75             0.00         0.00  34,794,000.00
A-4       180,911.39    180,911.39             0.00         0.00  36,624,000.00
A-5       151,520.21    151,520.21             0.00         0.00  30,674,000.00
A-6        68,489.91     68,489.91             0.00         0.00  12,692,000.00
A-7       174,937.43    174,937.43             0.00         0.00  32,418,000.00
A-8        15,735.63     15,735.63             0.00         0.00   2,916,000.00
A-9        19,631.76     19,631.76             0.00         0.00   3,638,000.00
A-10      138,140.56    167,201.38             0.00         0.00  25,570,038.27
A-11       61,241.75     61,241.75             0.00         0.00           0.00
R               2.99          2.99           190.53         0.00      35,497.16
M-1        34,536.69     41,802.22             0.00         0.00   6,392,796.86
M-2        20,721.60     25,080.83             0.00         0.00   3,835,601.49
M-3        13,814.58     16,720.77             0.00         0.00   2,557,099.57
B-1         8,979.66     10,868.72             0.00         0.00   1,662,148.26
B-2         2,763.33      3,344.66             0.00         0.00     511,496.54
B-3         4,181.77      5,061.49             0.00         0.00     774,052.02

- -------------------------------------------------------------------------------
        1,246,003.04  3,364,337.02           190.53         0.00 217,467,607.18
===============================================================================












































Run:        07/23/97     15:33:28
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    173.769344  42.838957     0.937712    43.776669   0.000000    130.930387
A-2   1000.000000   0.000000     8.302008     8.302008   0.000000   1000.000000
A-3   1000.000000   0.000000     4.939695     4.939695   0.000000   1000.000000
A-4   1000.000000   0.000000     4.939695     4.939695   0.000000   1000.000000
A-5   1000.000000   0.000000     4.939695     4.939695   0.000000   1000.000000
A-6   1000.000000   0.000000     5.396306     5.396306   0.000000   1000.000000
A-7   1000.000000   0.000000     5.396305     5.396305   0.000000   1000.000000
A-8   1000.000000   0.000000     5.396307     5.396307   0.000000   1000.000000
A-9   1000.000000   0.000000     5.396306     5.396306   0.000000   1000.000000
A-10   958.767756   1.088420     5.173804     6.262224   0.000000    957.679336
R        6.462865   0.000000     0.000547     0.000547   0.034876      6.497741
M-1    958.767754   1.088420     5.173803     6.262223   0.000000    957.679334
M-2    958.767751   1.088420     5.173803     6.262223   0.000000    957.679331
M-3    958.767747   1.088420     5.173806     6.262226   0.000000    957.679327
B-1    958.767758   1.088419     5.173807     6.262226   0.000000    957.679339
B-2    958.767778   1.088429     5.173806     6.262235   0.000000    957.679348
B-3    725.524250   0.823632     3.915152     4.738784   0.000000    724.700618

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:29                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S43 (POOL # 4136)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4136 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       57,329.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,054.48

SUBSERVICER ADVANCES THIS MONTH                                       18,142.96
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,686,226.95

 (B)  TWO MONTHLY PAYMENTS:                                    1     226,460.92

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        800,602.87

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     217,467,607.18

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          801

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                    1,868,863.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.82691350 %     5.82917100 %    1.34391550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.76526980 %     5.87926546 %    1.35546480 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3362 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,273,402.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,868,057.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.27569428
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.33

POOL TRADING FACTOR:                                                81.44784070


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


Run:        07/23/97     15:33:30                                    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-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     8,158,958.81     6.500000  %     90,738.22
A-2   760944G85    50,000,000.00    33,970,219.25     6.375000  %    790,049.52
A-3   760944G93    16,984,000.00    13,756,531.77     6.300000  %    159,070.15
A-4   760944H27             0.00             0.00     2.700000  %          0.00
A-5   760944H35    85,916,000.00    70,752,857.81     6.100000  %    747,336.06
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     5.972000  %          0.00
A-10  760944H84     5,731,923.00     5,041,226.65     7.480557  %          0.00
A-11  760944H92     5,000,000.00     4,397,500.33     6.172000  %          0.00
A-12  760944J25     1,923,077.00     1,691,346.35     7.352800  %          0.00
A-13  760944J33             0.00             0.00     0.315656  %          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     5,760,961.63     6.500000  %      6,702.92
M-2   760944J74     3,601,003.00     3,455,140.42     6.500000  %      4,020.08
M-3   760944J82     2,400,669.00     2,303,427.24     6.500000  %      2,680.05
B-1   760944J90     1,560,435.00     1,497,227.85     6.500000  %      1,742.04
B-2   760944K23       480,134.00       460,685.64     6.500000  %        536.01
B-3   760944K31       960,268.90       802,360.71     6.500000  %        933.54

- -------------------------------------------------------------------------------
                  240,066,876.90   200,270,722.65                  1,803,808.59
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        44,002.70    134,740.92             0.00         0.00   8,068,220.59
A-2       179,684.16    969,733.68             0.00         0.00  33,180,169.73
A-3        71,908.59    230,978.74             0.00         0.00  13,597,461.62
A-4        30,817.97     30,817.97             0.00         0.00           0.00
A-5       358,100.63  1,105,436.69             0.00         0.00  70,005,521.75
A-6        78,083.03     78,083.03             0.00         0.00  14,762,000.00
A-7        99,439.38     99,439.38             0.00         0.00  18,438,000.00
A-8        30,525.37     30,525.37             0.00         0.00   5,660,000.00
A-9        46,390.88     46,390.88             0.00         0.00   9,362,278.19
A-10       31,289.70     31,289.70             0.00         0.00   5,041,226.65
A-11       22,519.72     22,519.72             0.00         0.00   4,397,500.33
A-12       10,318.50     10,318.50             0.00         0.00   1,691,346.35
A-13       52,452.05     52,452.05             0.00         0.00           0.00
R-I             1.17          1.17             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        31,069.88     37,772.80             0.00         0.00   5,754,258.71
M-2        18,634.18     22,654.26             0.00         0.00   3,451,120.34
M-3        12,422.79     15,102.84             0.00         0.00   2,300,747.19
B-1         8,074.81      9,816.85             0.00         0.00   1,495,485.81
B-2         2,484.56      3,020.57             0.00         0.00     460,149.63
B-3         4,327.30      5,260.84             0.00         0.00     801,427.17

- -------------------------------------------------------------------------------
        1,132,547.37  2,936,355.96             0.00         0.00 198,466,914.06
===============================================================================





































Run:        07/23/97     15:33:30
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    815.895881   9.073822     4.400270    13.474092   0.000000    806.822059
A-2    679.404385  15.800990     3.593683    19.394673   0.000000    663.603395
A-3    809.970076   9.365883     4.233902    13.599785   0.000000    800.604193
A-5    823.512010   8.698450     4.168032    12.866482   0.000000    814.813559
A-6   1000.000000   0.000000     5.289461     5.289461   0.000000   1000.000000
A-7   1000.000000   0.000000     5.393176     5.393176   0.000000   1000.000000
A-8   1000.000000   0.000000     5.393175     5.393175   0.000000   1000.000000
A-9    879.500065   0.000000     4.357997     4.357997   0.000000    879.500065
A-10   879.500065   0.000000     5.458849     5.458849   0.000000    879.500065
A-11   879.500066   0.000000     4.503944     4.503944   0.000000    879.500066
A-12   879.500067   0.000000     5.365620     5.365620   0.000000    879.500067
R-I      0.000000   0.000000    11.730000    11.730000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    959.493903   1.116378     5.174719     6.291097   0.000000    958.377525
M-2    959.493902   1.116378     5.174719     6.291097   0.000000    958.377524
M-3    959.493891   1.116376     5.174720     6.291096   0.000000    958.377515
B-1    959.493891   1.116381     5.174717     6.291098   0.000000    958.377510
B-2    959.493891   1.116376     5.174722     6.291098   0.000000    958.377515
B-3    835.558363   0.972176     4.506311     5.478487   0.000000    834.586198

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:30                                        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                       51,386.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,004.00

SUBSERVICER ADVANCES THIS MONTH                                       23,635.97
MASTER SERVICER ADVANCES THIS MONTH                                    3,957.82


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   2,063,060.72

 (B)  TWO MONTHLY PAYMENTS:                                    2     859,730.56

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        630,787.30

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     198,466,914.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          744

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                 557,633.78

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,570,792.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.86974990 %     5.75197900 %    1.37827150 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.81331660 %     5.79750348 %    1.38918000 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3151 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,031,600.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,250,259.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.25068087
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.16

POOL TRADING FACTOR:                                                82.67151080


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


Run:        07/23/97     15:33:31                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    42,801,790.79     8.134973  %  2,476,000.73
M-1   760944E61     2,987,500.00     2,814,423.81     8.134973  %     14,367.48
M-2   760944E79     1,991,700.00     1,876,313.96     8.134973  %      9,578.48
R     760944E53           100.00             0.00     8.134973  %          0.00
B-1                   863,100.00       813,097.64     8.134973  %      4,150.82
B-2                   332,000.00       243,799.90     8.134973  %      1,244.58
B-3                   796,572.42             0.00     8.134973  %          0.00

- -------------------------------------------------------------------------------
                  132,777,672.42    48,549,426.10                  2,505,342.09
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         283,630.25  2,759,630.98             0.00         0.00  40,325,790.06
M-1        18,650.05     33,017.53             0.00         0.00   2,800,056.33
M-2        12,433.58     22,012.06             0.00         0.00   1,866,735.48
R               0.00          0.00             0.00         0.00           0.00
B-1         5,388.08      9,538.90             0.00         0.00     808,946.82
B-2         1,615.56      2,860.14             0.00         0.00     240,826.83
B-3             0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          321,717.52  2,827,059.61             0.00         0.00  46,042,355.52
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      340.218691  19.680993     2.254492    21.935485   0.000000    320.537698
M-1    942.066547   4.809198     6.242695    11.051893   0.000000    937.257349
M-2    942.066556   4.809198     6.242697    11.051895   0.000000    937.257358
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    942.066551   4.809199     6.242707    11.051906   0.000000    937.257351
B-2    734.337048   3.748735     4.866145     8.614880   0.000000    725.382018
B-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:31                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S46 (POOL # 4138)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4138 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,697.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,939.76

SUBSERVICER ADVANCES THIS MONTH                                       38,469.82
MASTER SERVICER ADVANCES THIS MONTH                                    2,235.33


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,981,115.37

 (B)  TWO MONTHLY PAYMENTS:                                    2     482,152.45

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     335,658.77


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,249,269.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      46,042,355.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          167

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                 286,266.78

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,244,628.16

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.16127030 %     9.66177800 %    2.17695170 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.58411600 %    10.13586676 %    2.28001730 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              294,650.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,637,368.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.59528187
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.21

POOL TRADING FACTOR:                                                34.67627853


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


Run:        07/23/97     15:33:32                                    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-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    17,668,440.53     6.500000  %    349,220.49
A-2   760944M39    10,308,226.00     4,228,110.73     5.200000  %    193,147.19
A-3   760944M47    53,602,774.00    21,986,175.29     6.750000  %  1,004,365.36
A-4   760944M54    19,600,000.00    13,819,652.37     6.500000  %    183,624.46
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    19,772,322.83     6.500000  %    959,892.66
A-8   760944M96   122,726,000.00    94,273,707.41     6.500000  %  1,415,916.01
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    65,464,997.62     6.500000  %          0.00
A-16  760944N95     1,000,000.00     1,254,078.43     6.500000  %          0.00
A-17  760944P28     2,791,590.78     2,352,619.14     0.000000  %     24,666.18
A-18  760944P36             0.00             0.00     0.377045  %          0.00
R     760944P44           100.00             0.00     6.500000  %          0.00
M-1   760944P51    13,235,200.00    12,690,105.86     6.500000  %     14,607.16
M-2   760944P69     5,294,000.00     5,075,965.66     6.500000  %      5,842.77
M-3   760944P77     5,294,000.00     5,075,965.66     6.500000  %      5,842.77
B-1                 2,382,300.00     2,284,184.53     6.500000  %      2,629.25
B-2                   794,100.00       761,394.83     6.500000  %        876.42
B-3                 2,117,643.10     1,168,461.40     6.500000  %      1,344.97

- -------------------------------------------------------------------------------
                  529,391,833.88   430,924,082.29                  4,161,975.69
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        95,260.55    444,481.04             0.00         0.00  17,319,220.04
A-2        18,236.90    211,384.09             0.00         0.00   4,034,963.54
A-3       123,099.13  1,127,464.49             0.00         0.00  20,981,809.93
A-4        74,509.56    258,134.02             0.00         0.00  13,636,027.91
A-5        67,928.33     67,928.33             0.00         0.00  12,599,000.00
A-6       240,010.91    240,010.91             0.00         0.00  44,516,000.00
A-7       106,603.76  1,066,496.42             0.00         0.00  18,812,430.17
A-8       508,282.84  1,924,198.85             0.00         0.00  92,857,791.40
A-9       101,802.22    101,802.22             0.00         0.00  19,481,177.00
A-10       72,534.45     72,534.45             0.00         0.00  10,930,823.00
A-11      124,420.73    124,420.73             0.00         0.00  25,000,000.00
A-12       91,710.52     91,710.52             0.00         0.00  17,010,000.00
A-13       70,106.53     70,106.53             0.00         0.00  13,003,000.00
A-14      110,569.68    110,569.68             0.00         0.00  20,507,900.00
A-15            0.00          0.00       352,958.80         0.00  65,817,956.42
A-16            0.00          0.00         6,761.44         0.00   1,260,839.87
A-17            0.00     24,666.18             0.00         0.00   2,327,952.96
A-18      134,770.66    134,770.66             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        68,419.53     83,026.69             0.00         0.00  12,675,498.70
M-2        27,367.40     33,210.17             0.00         0.00   5,070,122.89
M-3        27,367.40     33,210.17             0.00         0.00   5,070,122.89
B-1        12,315.33     14,944.58             0.00         0.00   2,281,555.28
B-2         4,105.11      4,981.53             0.00         0.00     760,518.41
B-3         6,299.85      7,644.82             0.00         0.00   1,167,116.43

- -------------------------------------------------------------------------------
        2,085,721.39  6,247,697.08       359,720.24         0.00 427,121,826.84
===============================================================================































Run:        07/23/97     15:33:32
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    588.948018  11.640683     3.175352    14.816035   0.000000    577.307335
A-2    410.168610  18.737190     1.769160    20.506350   0.000000    391.431420
A-3    410.168610  18.737190     2.296507    21.033697   0.000000    391.431420
A-4    705.084305   9.368595     3.801508    13.170103   0.000000    695.715710
A-5   1000.000000   0.000000     5.391565     5.391565   0.000000   1000.000000
A-6   1000.000000   0.000000     5.391565     5.391565   0.000000   1000.000000
A-7    506.190902  24.574196     2.729161    27.303357   0.000000    481.616706
A-8    768.164101  11.537213     4.141607    15.678820   0.000000    756.626888
A-9   1000.000000   0.000000     5.225671     5.225671   0.000000   1000.000000
A-10  1000.000000   0.000000     6.635772     6.635772   0.000000   1000.000000
A-11  1000.000000   0.000000     4.976829     4.976829   0.000000   1000.000000
A-12  1000.000000   0.000000     5.391565     5.391565   0.000000   1000.000000
A-13  1000.000000   0.000000     5.391566     5.391566   0.000000   1000.000000
A-14  1000.000000   0.000000     5.391565     5.391565   0.000000   1000.000000
A-15  1126.047055   0.000000     0.000000     0.000000   6.071156   1132.118211
A-16  1254.078430   0.000000     0.000000     0.000000   6.761440   1260.839870
A-17   842.752153   8.835887     0.000000     8.835887   0.000000    833.916266
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    958.814817   1.103660     5.169512     6.273172   0.000000    957.711157
M-2    958.814821   1.103659     5.169513     6.273172   0.000000    957.711162
M-3    958.814821   1.103659     5.169513     6.273172   0.000000    957.711162
B-1    958.814813   1.103660     5.169513     6.273173   0.000000    957.711153
B-2    958.814797   1.103665     5.169513     6.273178   0.000000    957.711132
B-3    551.774470   0.635131     2.974930     3.610061   0.000000    551.139344

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:32                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S45 (POOL # 4139)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4139 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       99,127.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    45,441.50

SUBSERVICER ADVANCES THIS MONTH                                       52,418.69
MASTER SERVICER ADVANCES THIS MONTH                                      648.96


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   5,418,276.49

 (B)  TWO MONTHLY PAYMENTS:                                    3     675,211.40

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     512,401.38


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,131,100.14

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     427,121,826.84

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,536

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                  93,548.32

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,306,013.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.68691570 %     5.32980800 %    0.98327610 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.63810630 %     5.34174164 %    0.99087830 %
CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3739 %

      BANKRUPTCY AMOUNT AVAILABLE                         135,873.00
      FRAUD AMOUNT AVAILABLE                              757,037.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,483,403.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.24084709
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.38

POOL TRADING FACTOR:                                                80.68160472


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


Run:        07/23/97     15:33:33                                    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     6,884,446.11     6.500000  %    136,422.74
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    69,852,468.51     5.650000  %  1,384,202.15
A-9   760944S58    43,941,000.00    29,686,893.77     6.350000  %    588,277.88
A-10  760944S66             0.00             0.00     2.150000  %          0.00
A-11  760944S74    16,684,850.00    16,614,005.06     6.122000  %          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     6.328161  %          0.00
A-14  760944T24    10,093,055.55    10,050,199.79     6.750000  %          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     4.570313  %          0.00
A-17  760944T57    78,019,000.00    47,088,829.68     6.500000  %  1,254,847.46
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    32,982,312.00     6.500000  %    502,572.69
A-24  760944U48             0.00             0.00     0.234031  %          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    15,492,815.17     6.500000  %     17,947.43
M-2   760944U89     5,867,800.00     5,633,698.64     6.500000  %      6,526.28
M-3   760944U97     5,867,800.00     5,633,698.64     6.500000  %      6,526.28
B-1                 2,640,500.00     2,535,154.79     6.500000  %      2,936.81
B-2                   880,200.00       845,083.58     6.500000  %        978.97
B-3                 2,347,160.34     2,095,638.42     6.500000  %      2,427.66

- -------------------------------------------------------------------------------
                  586,778,060.34   489,784,214.74                  3,903,666.35
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        37,175.01    173,597.75             0.00         0.00   6,748,023.37
A-2        28,025.25     28,025.25             0.00         0.00   5,190,000.00
A-3        16,194.16     16,194.16             0.00         0.00   2,999,000.00
A-4       172,591.35    172,591.35             0.00         0.00  31,962,221.74
A-5       266,833.81    266,833.81             0.00         0.00  49,415,000.00
A-6        12,765.26     12,765.26             0.00         0.00   2,364,000.00
A-7        63,404.71     63,404.71             0.00         0.00  11,741,930.42
A-8       327,867.91  1,712,070.06             0.00         0.00  68,468,266.36
A-9       156,605.57    744,883.45             0.00         0.00  29,098,615.89
A-10       53,023.93     53,023.93             0.00         0.00           0.00
A-11       84,496.05     84,496.05             0.00         0.00  16,614,005.06
A-12       23,463.46     23,463.46             0.00         0.00   3,227,863.84
A-13       30,060.83     30,060.83             0.00         0.00   5,718,138.88
A-14       56,356.91     56,356.91             0.00         0.00  10,050,199.79
A-15        8,349.18      8,349.18             0.00         0.00   1,116,688.87
A-16       10,436.47     10,436.47             0.00         0.00   2,748,772.60
A-17      254,272.83  1,509,120.29             0.00         0.00  45,833,982.22
A-18      251,417.23    251,417.23             0.00         0.00  46,560,000.00
A-19      194,632.35    194,632.35             0.00         0.00  36,044,000.00
A-20       21,626.42     21,626.42             0.00         0.00   4,005,000.00
A-21       13,569.83     13,569.83             0.00         0.00   2,513,000.00
A-22      209,424.47    209,424.47             0.00         0.00  38,783,354.23
A-23      178,099.69    680,672.38             0.00         0.00  32,479,739.31
A-24       95,224.15     95,224.15             0.00         0.00           0.00
R-I             0.66          0.66             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        83,658.95    101,606.38             0.00         0.00  15,474,867.74
M-2        30,421.16     36,947.44             0.00         0.00   5,627,172.36
M-3        30,421.16     36,947.44             0.00         0.00   5,627,172.36
B-1        13,689.47     16,626.28             0.00         0.00   2,532,217.98
B-2         4,563.33      5,542.30             0.00         0.00     844,104.61
B-3        11,316.10     13,743.76             0.00         0.00   2,093,210.76

- -------------------------------------------------------------------------------
        2,739,987.66  6,643,654.01             0.00         0.00 485,880,548.39
===============================================================================
















Run:        07/23/97     15:33:33
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    675.608058  13.387904     3.648185    17.036089   0.000000    662.220154
A-2   1000.000000   0.000000     5.399855     5.399855   0.000000   1000.000000
A-3   1000.000000   0.000000     5.399853     5.399853   0.000000   1000.000000
A-4    976.571901   0.000000     5.273346     5.273346   0.000000    976.571901
A-5   1000.000000   0.000000     5.399854     5.399854   0.000000   1000.000000
A-6   1000.000000   0.000000     5.399856     5.399856   0.000000   1000.000000
A-7    995.753937   0.000000     5.376926     5.376926   0.000000    995.753937
A-8    675.608060  13.387904     3.171115    16.559019   0.000000    662.220156
A-9    675.608060  13.387904     3.563996    16.951900   0.000000    662.220156
A-11   995.753936   0.000000     5.064238     5.064238   0.000000    995.753936
A-12   995.753936   0.000000     7.238172     7.238172   0.000000    995.753936
A-13   995.753935   0.000000     5.234778     5.234778   0.000000    995.753935
A-14   995.753936   0.000000     5.583731     5.583731   0.000000    995.753936
A-15   995.753937   0.000000     7.444982     7.444982   0.000000    995.753937
A-16   995.753937   0.000000     3.780653     3.780653   0.000000    995.753937
A-17   603.555925  16.083870     3.259114    19.342984   0.000000    587.472055
A-18  1000.000000   0.000000     5.399855     5.399855   0.000000   1000.000000
A-19  1000.000000   0.000000     5.399854     5.399854   0.000000   1000.000000
A-20  1000.000000   0.000000     5.399855     5.399855   0.000000   1000.000000
A-21  1000.000000   0.000000     5.399853     5.399853   0.000000   1000.000000
A-22   997.770883   0.000000     5.387818     5.387818   0.000000    997.770883
A-23   726.963015  11.077203     3.925495    15.002698   0.000000    715.885812
R-I      0.000000   0.000000     1.320000     1.320000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    960.104060   1.112219     5.184422     6.296641   0.000000    958.991841
M-2    960.104066   1.112219     5.184423     6.296642   0.000000    958.991847
M-3    960.104066   1.112219     5.184423     6.296642   0.000000    958.991847
B-1    960.104067   1.112217     5.184423     6.296640   0.000000    958.991850
B-2    960.104045   1.112213     5.184424     6.296637   0.000000    958.991831
B-3    892.839907   1.034280     4.821205     5.855485   0.000000    891.805611

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:34                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S47 (POOL # 4140)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4140 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      113,051.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    51,607.57

SUBSERVICER ADVANCES THIS MONTH                                       42,412.79
MASTER SERVICER ADVANCES THIS MONTH                                    1,838.36


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   3,811,289.39

 (B)  TWO MONTHLY PAYMENTS:                                    3     936,414.98

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     353,066.44


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,223,853.92

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     485,880,548.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,741

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                 268,773.28

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,336,282.98

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.41830780 %     5.46367400 %    1.11801820 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.37311490 %     5.50119007 %    1.12569510 %

CLASS A-24 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2326 %

      BANKRUPTCY AMOUNT AVAILABLE                         104,596.00
      FRAUD AMOUNT AVAILABLE                            5,084,081.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,084,081.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.13573201
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.27

POOL TRADING FACTOR:                                                82.80482541


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


Run:        07/23/97     15:33:35                                    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-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     2,141,700.14     6.500000  %    120,571.04
A-2   760944K56    85,878,000.00    41,026,840.57     6.500000  %    691,767.10
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    23,694,561.29     6.100000  %          0.00
A-6   760944K98    10,584,000.00     9,477,824.51     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     6.450000  %          0.00
A-10  760944L55     7,049,337.00     6,418,799.63     6.608135  %          0.00
A-11  760944L63             0.00             0.00     0.154811  %          0.00
R     760944L71           100.00             0.00     6.500000  %          0.00
M-1   760944L89     3,099,138.00     2,610,397.94     6.500000  %     13,468.69
M-2   760944L97     3,305,815.00     2,784,481.57     6.500000  %     14,366.90
B                     826,454.53       566,678.26     6.500000  %      2,923.85

- -------------------------------------------------------------------------------
                  206,613,407.53   145,556,259.16                    843,097.58
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        11,593.53    132,164.57             0.00         0.00   2,021,129.10
A-2       222,087.96    913,855.06             0.00         0.00  40,335,073.47
A-3        70,155.53     70,155.53             0.00         0.00  12,960,000.00
A-4        14,940.53     14,940.53             0.00         0.00   2,760,000.00
A-5       120,371.06    120,371.06             0.00         0.00  23,694,561.29
A-6        59,198.88     59,198.88             0.00         0.00   9,477,824.51
A-7        28,560.23     28,560.23             0.00         0.00   5,276,000.00
A-8       118,720.79    118,720.79             0.00         0.00  21,931,576.52
A-9        74,704.92     74,704.92             0.00         0.00  13,907,398.73
A-10       35,324.52     35,324.52             0.00         0.00   6,418,799.63
A-11       18,766.15     18,766.15             0.00         0.00           0.00
R               1.06          1.06             0.00         0.00           0.00
M-1        14,130.70     27,599.39             0.00         0.00   2,596,929.25
M-2        15,073.06     29,439.96             0.00         0.00   2,770,114.67
B           3,067.57      5,991.42             0.00         0.00     563,754.41

- -------------------------------------------------------------------------------
          806,696.49  1,649,794.07             0.00         0.00 144,713,161.58
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    215.051726  12.106742     1.164126    13.270868   0.000000    202.944984
A-2    477.734001   8.055231     2.586087    10.641318   0.000000    469.678771
A-3   1000.000000   0.000000     5.413235     5.413235   0.000000   1000.000000
A-4   1000.000000   0.000000     5.413236     5.413236   0.000000   1000.000000
A-5    895.486065   0.000000     4.549171     4.549171   0.000000    895.486065
A-6    895.486065   0.000000     5.593243     5.593243   0.000000    895.486065
A-7   1000.000000   0.000000     5.413235     5.413235   0.000000   1000.000000
A-8    946.060587   0.000000     5.121249     5.121249   0.000000    946.060587
A-9    910.553663   0.000000     4.891126     4.891126   0.000000    910.553663
A-10   910.553663   0.000000     5.011041     5.011041   0.000000    910.553663
R        0.000000   0.000000    10.610000    10.610000   0.000000      0.000000
M-1    842.298065   4.345947     4.559558     8.905505   0.000000    837.952118
M-2    842.298063   4.345948     4.559559     8.905507   0.000000    837.952115
B      685.673851   3.537823     3.711723     7.249546   0.000000    682.136027

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:35                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S48 (POOL # 4141)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4141 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       32,967.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,673.50

SUBSERVICER ADVANCES THIS MONTH                                        4,004.61
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     388,874.68

 (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                                                     144,713,161.58

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          579

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                       92,081.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.90429310 %     3.70638800 %    0.38931910 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.90168700 %     3.70874623 %    0.38956680 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1548 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              780,276.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,293,856.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.05178232
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              131.18

POOL TRADING FACTOR:                                                70.04054737


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


Run:        07/23/97     15:33:36                                    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     3,996,999.42     6.000000  %    801,850.68
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    33,367,876.48     6.000000  %    751,330.90
A-5   760944Q43    10,500,000.00     2,094,358.11     6.000000  %    271,756.38
A-6   760944Q50    25,817,000.00    17,147,684.62     6.000000  %    836,980.92
A-7   760944Q68    11,470,000.00    11,470,000.00     6.000000  %          0.00
A-8   760944Q76    13,328,000.00    16,426,997.61     6.000000  %          0.00
A-9   760944Q84             0.00             0.00     0.237413  %          0.00
R     760944Q92           100.00             0.00     6.000000  %          0.00
M-1   760944R26     1,938,400.00     1,626,466.52     6.000000  %      8,541.60
M-2   760944R34       775,500.00       650,704.05     6.000000  %      3,417.26
M-3   760944R42       387,600.00       325,226.20     6.000000  %      1,707.97
B-1                   542,700.00       455,366.99     6.000000  %      2,391.42
B-2                   310,100.00       260,197.72     6.000000  %      1,366.46
B-3                   310,260.75       260,332.56     6.000000  %      1,367.17

- -------------------------------------------------------------------------------
                  155,046,660.75   112,539,210.28                  2,680,710.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        19,807.70    821,658.38             0.00         0.00   3,195,148.74
A-2       113,023.30    113,023.30             0.00         0.00  22,807,000.00
A-3         8,176.81      8,176.81             0.00         0.00   1,650,000.00
A-4       165,359.21    916,690.11             0.00         0.00  32,616,545.58
A-5        10,378.89    282,135.27             0.00         0.00   1,822,601.73
A-6        84,977.76    921,958.68             0.00         0.00  16,310,703.70
A-7        56,841.20     56,841.20             0.00         0.00  11,470,000.00
A-8             0.00          0.00        81,406.30         0.00  16,508,403.91
A-9        22,067.71     22,067.71             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,060.18     16,601.78             0.00         0.00   1,617,924.92
M-2         3,224.66      6,641.92             0.00         0.00     647,286.79
M-3         1,611.70      3,319.67             0.00         0.00     323,518.23
B-1         2,256.63      4,648.05             0.00         0.00     452,975.57
B-2         1,289.45      2,655.91             0.00         0.00     258,831.26
B-3         1,290.10      2,657.27             0.00         0.00     258,965.39

- -------------------------------------------------------------------------------
          498,365.30  3,179,076.06        81,406.30         0.00 109,939,905.82
===============================================================================















































Run:        07/23/97     15:33:36
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    143.921915  28.872630     0.713226    29.585856   0.000000    115.049285
A-2   1000.000000   0.000000     4.955641     4.955641   0.000000   1000.000000
A-3   1000.000000   0.000000     4.955642     4.955642   0.000000   1000.000000
A-4    891.283628  20.068671     4.416882    24.485553   0.000000    871.214958
A-5    199.462677  25.881560     0.988466    26.870026   0.000000    173.581117
A-6    664.201287  32.419759     3.291543    35.711302   0.000000    631.781528
A-7   1000.000000   0.000000     4.955641     4.955641   0.000000   1000.000000
A-8   1232.517828   0.000000     0.000000     0.000000   6.107916   1238.625744
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    839.076826   4.406521     4.158161     8.564682   0.000000    834.670305
M-2    839.076789   4.406525     4.158169     8.564694   0.000000    834.670264
M-3    839.076883   4.406527     4.158153     8.564680   0.000000    834.670356
B-1    839.076820   4.406523     4.158154     8.564677   0.000000    834.670297
B-2    839.076814   4.406514     4.158175     8.564689   0.000000    834.670300
B-3    839.076680   4.406519     4.158148     8.564667   0.000000    834.670161

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:36                                        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                       25,006.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,924.49

SUBSERVICER ADVANCES THIS MONTH                                        7,654.68
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      51,328.60

 (B)  TWO MONTHLY PAYMENTS:                                    1     161,131.05

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        241,247.85

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     109,939,905.82

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                    2,008,289.99

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.82040240 %     2.31243600 %    0.86716200 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.76232020 %     2.35467724 %    0.88300260 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2375 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              597,733.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,738,787.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.63172215
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              131.41

POOL TRADING FACTOR:                                                70.90762567


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


Run:        07/23/97     15:33:37                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     4.750000  %          0.00
A-2   760944X86             0.00             0.00     6.750000  %          0.00
A-3   760944X94    59,364,000.00    39,493,316.63     5.750000  %  2,138,056.65
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     6.950000  %          0.00
A-14  760944Z43    22,295,600.00    21,279,253.46     6.259092  %          0.00
A-15  760944Z50    15,911,200.00    15,185,886.80     7.050000  %          0.00
A-16  760944Z68     5,303,800.00     5,062,025.89     5.850011  %          0.00
A-17  760944Z76    29,322,000.00    20,490,585.17     6.250000  %    950,247.40
A-18  760944Z84             0.00             0.00     2.750000  %          0.00
A-19  760944Z92    49,683,000.00    47,686,657.82     6.750000  %     54,091.23
A-20  7609442A5     5,593,279.30     4,565,481.72     0.000000  %     39,069.47
A-21  7609442B3             0.00             0.00     0.157066  %          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    14,070,457.90     6.750000  %     15,960.20
M-2   7609442F4     5,330,500.00     5,116,311.99     6.750000  %      5,803.46
M-3   7609442G2     5,330,500.00     5,116,311.99     6.750000  %      5,803.46
B-1                 2,665,200.00     2,558,108.00     6.750000  %      2,901.68
B-2                   799,500.00       767,374.84     6.750000  %        870.44
B-3                 1,865,759.44     1,484,485.72     6.750000  %      1,683.84

- -------------------------------------------------------------------------------
                  533,047,438.74   444,538,667.08                  3,214,487.83
===============================================================================
_______________________________________________________________________________
                                                                      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       188,593.24  2,326,649.89             0.00         0.00  37,355,259.98
A-4        63,272.79     63,272.79             0.00         0.00  11,287,000.00
A-5        86,610.33     86,610.33             0.00         0.00  20,857,631.08
A-6        30,313.61     30,313.61             0.00         0.00           0.00
A-7       204,408.37    204,408.37             0.00         0.00  37,443,000.00
A-8       114,913.52    114,913.52             0.00         0.00  20,499,000.00
A-9        13,285.77     13,285.77             0.00         0.00   2,370,000.00
A-10      269,186.16    269,186.16             0.00         0.00  48,019,128.22
A-11      116,225.28    116,225.28             0.00         0.00  20,733,000.00
A-12      270,328.53    270,328.53             0.00         0.00  48,222,911.15
A-13      301,471.07    301,471.07             0.00         0.00  52,230,738.70
A-14      110,612.05    110,612.05             0.00         0.00  21,279,253.46
A-15       88,912.73     88,912.73             0.00         0.00  15,185,886.80
A-16       24,593.24     24,593.24             0.00         0.00   5,062,025.89
A-17      106,357.73  1,056,605.13             0.00         0.00  19,540,337.77
A-18       46,797.40     46,797.40             0.00         0.00           0.00
A-19      267,322.39    321,413.62             0.00         0.00  47,632,566.59
A-20            0.00     39,069.47             0.00         0.00   4,526,412.25
A-21       57,986.25     57,986.25             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-1        78,876.33     94,836.53             0.00         0.00  14,054,497.70
M-2        28,681.07     34,484.53             0.00         0.00   5,110,508.53
M-3        28,681.07     34,484.53             0.00         0.00   5,110,508.53
B-1        14,340.27     17,241.95             0.00         0.00   2,555,206.32
B-2         4,301.75      5,172.19             0.00         0.00     766,504.40
B-3         8,321.78     10,005.62             0.00         0.00   1,482,801.88

- -------------------------------------------------------------------------------
        2,524,392.73  5,738,880.56             0.00         0.00 441,324,179.25
===============================================================================





















Run:        07/23/97     15:33:37
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      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    665.273847  36.016048     3.176896    39.192944   0.000000    629.257799
A-4   1000.000000   0.000000     5.605811     5.605811   0.000000   1000.000000
A-5    839.172443   0.000000     3.484624     3.484624   0.000000    839.172443
A-7   1000.000000   0.000000     5.459188     5.459188   0.000000   1000.000000
A-8   1000.000000   0.000000     5.605811     5.605811   0.000000   1000.000000
A-9   1000.000000   0.000000     5.605810     5.605810   0.000000   1000.000000
A-10   992.376792   0.000000     5.563077     5.563077   0.000000    992.376792
A-11  1000.000000   0.000000     5.605811     5.605811   0.000000   1000.000000
A-12   983.117799   0.000000     5.511173     5.511173   0.000000    983.117799
A-13   954.414928   0.000000     5.508796     5.508796   0.000000    954.414928
A-14   954.414928   0.000000     4.961160     4.961160   0.000000    954.414928
A-15   954.414928   0.000000     5.588059     5.588059   0.000000    954.414928
A-16   954.414927   0.000000     4.636909     4.636909   0.000000    954.414927
A-17   698.812672  32.407319     3.627233    36.034552   0.000000    666.405353
A-19   959.818405   1.088727     5.380561     6.469288   0.000000    958.729678
A-20   816.244188   6.985074     0.000000     6.985074   0.000000    809.259114
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    959.818404   1.088727     5.380561     6.469288   0.000000    958.729677
M-2    959.818402   1.088727     5.380559     6.469286   0.000000    958.729675
M-3    959.818402   1.088727     5.380559     6.469286   0.000000    958.729675
B-1    959.818400   1.088729     5.380561     6.469290   0.000000    958.729671
B-2    959.818437   1.088730     5.380550     6.469280   0.000000    958.729706
B-3    795.646903   0.902506     4.460243     5.362749   0.000000    794.744407

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:38                                        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                       97,405.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    47,109.49

SUBSERVICER ADVANCES THIS MONTH                                       23,411.95
MASTER SERVICER ADVANCES THIS MONTH                                    2,343.39


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,215,280.81

 (B)  TWO MONTHLY PAYMENTS:                                    2     429,096.33

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        777,364.19

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     441,324,179.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,564

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                 314,076.34

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,709,880.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.38299440 %     5.52376400 %    1.09324130 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.34245050 %     5.50060837 %    1.09993980 %
CLASS A-21 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1571 %

      BANKRUPTCY AMOUNT AVAILABLE                         141,216.00
      FRAUD AMOUNT AVAILABLE                            4,604,516.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,604,516.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.22695515
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              308.86

POOL TRADING FACTOR:                                                82.79266481


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


Run:        07/23/97     15:33:39                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    15,928,860.43    10.500000  %     79,181.82
A-2   760944V96    67,648,000.00    26,113,363.66     6.625000  %    739,030.31
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     0.126193  %          0.00
R     760944X37       267,710.00        21,109.07     7.000000  %         87.14
M-1   760944X45     7,801,800.00     7,512,902.39     7.000000  %      8,331.55
M-2   760944X52     2,600,600.00     2,504,300.79     7.000000  %      2,777.18
M-3   760944X60     2,600,600.00     2,504,300.79     7.000000  %      2,777.18
B-1                 1,300,350.00     1,252,198.54     7.000000  %      1,388.64
B-2                   390,100.00       375,654.75     7.000000  %        416.59
B-3                   910,233.77       798,150.06     7.000000  %        885.13

- -------------------------------------------------------------------------------
                  260,061,393.77   213,173,840.48                    834,875.54
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       139,227.87    218,409.69             0.00         0.00  15,849,678.61
A-2       144,012.73    883,043.04             0.00         0.00  25,374,333.35
A-3       112,415.83    112,415.83             0.00         0.00  20,384,000.00
A-4       290,459.03    290,459.03             0.00         0.00  52,668,000.00
A-5       273,009.86    273,009.86             0.00         0.00  49,504,000.00
A-6        58,731.04     58,731.04             0.00         0.00  10,079,000.00
A-7       112,363.39    112,363.39             0.00         0.00  19,283,000.00
A-8         6,118.42      6,118.42             0.00         0.00   1,050,000.00
A-9        18,617.49     18,617.49             0.00         0.00   3,195,000.00
A-10       22,393.54     22,393.54             0.00         0.00           0.00
R             123.01        210.15             0.00         0.00      21,021.93
M-1        43,778.20     52,109.75             0.00         0.00   7,504,570.84
M-2        14,592.73     17,369.91             0.00         0.00   2,501,523.61
M-3        14,592.73     17,369.91             0.00         0.00   2,501,523.61
B-1         7,296.65      8,685.29             0.00         0.00   1,250,809.90
B-2         2,188.97      2,605.56             0.00         0.00     375,238.16
B-3         4,650.86      5,535.99             0.00         0.00     797,264.93

- -------------------------------------------------------------------------------
        1,264,572.35  2,099,447.89             0.00         0.00 212,338,964.94
===============================================================================














































Run:        07/23/97     15:33:39
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    781.631112   3.885462     6.831928    10.717390   0.000000    777.745650
A-2    386.018266  10.924644     2.128854    13.053498   0.000000    375.093622
A-3   1000.000000   0.000000     5.514905     5.514905   0.000000   1000.000000
A-4   1000.000000   0.000000     5.514905     5.514905   0.000000   1000.000000
A-5   1000.000000   0.000000     5.514905     5.514905   0.000000   1000.000000
A-6   1000.000000   0.000000     5.827070     5.827070   0.000000   1000.000000
A-7   1000.000000   0.000000     5.827070     5.827070   0.000000   1000.000000
A-8   1000.000000   0.000000     5.827067     5.827067   0.000000   1000.000000
A-9   1000.000000   0.000000     5.827070     5.827070   0.000000   1000.000000
R       78.850510   0.325501     0.459490     0.784991   0.000000     78.525008
M-1    962.970390   1.067901     5.611295     6.679196   0.000000    961.902489
M-2    962.970388   1.067900     5.611294     6.679194   0.000000    961.902488
M-3    962.970388   1.067900     5.611294     6.679194   0.000000    961.902488
B-1    962.970385   1.067897     5.611297     6.679194   0.000000    961.902488
B-2    962.970392   1.067906     5.611305     6.679211   0.000000    961.902487
B-3    876.862721   0.972399     5.109545     6.081944   0.000000    875.890300

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:39                                        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                       43,597.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,483.54

SUBSERVICER ADVANCES THIS MONTH                                       28,743.56
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   3,512,400.06

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     652,882.40


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     212,338,964.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          818

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                      598,473.16

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.98811370 %     5.87384600 %    1.13803990 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.96835080 %     5.89040173 %    1.14124740 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1263 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,187,032.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,187,032.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.49700007
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.55

POOL TRADING FACTOR:                                                81.64955277


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


Run:        07/23/97     15:33:40                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   140,920,574.99     6.738317  %  2,755,593.64
A-2   7609442W7    76,450,085.00    95,625,262.45     6.738317  %          0.00
A-3   7609442R8             0.00             0.00     0.186000  %          0.00
R     7609442S6           100.00             0.00     6.738317  %          0.00
M-1   7609442T4     8,228,000.00     7,927,147.03     6.738317  %      8,747.82
M-2   7609442U1     2,992,100.00     2,882,695.30     6.738317  %      3,181.13
M-3   7609442V9     1,496,000.00     1,441,299.47     6.738317  %      1,590.51
B-1                 2,244,050.00     2,161,997.39     6.738317  %      2,385.82
B-2                 1,047,225.00     1,008,933.72     6.738317  %      1,113.39
B-3                 1,196,851.02     1,153,088.70     6.738317  %      1,272.47

- -------------------------------------------------------------------------------
                  299,203,903.02   253,120,999.05                  2,773,884.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       791,062.49  3,546,656.13             0.00         0.00 138,164,981.35
A-2             0.00          0.00       535,455.94         0.00  96,160,718.39
A-3        39,123.77     39,123.77             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        44,388.25     53,136.07             0.00         0.00   7,918,399.21
M-2        16,141.72     19,322.85             0.00         0.00   2,879,514.17
M-3         8,070.59      9,661.10             0.00         0.00   1,439,708.96
B-1        12,106.16     14,491.98             0.00         0.00   2,159,611.57
B-2         5,649.55      6,762.94             0.00         0.00   1,007,820.33
B-3         6,456.75      7,729.22             0.00         0.00   1,151,816.23

- -------------------------------------------------------------------------------
          922,999.28  3,696,884.06       535,455.94         0.00 250,882,570.21
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    685.579777  13.405986     3.848526    17.254512   0.000000    672.173791
A-2   1250.819570   0.000000     0.000000     0.000000   7.003994   1257.823564
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    963.435468   1.063177     5.394780     6.457957   0.000000    962.372291
M-2    963.435480   1.063176     5.394780     6.457956   0.000000    962.372304
M-3    963.435475   1.063175     5.394779     6.457954   0.000000    962.372300
B-1    963.435480   1.063176     5.394782     6.457958   0.000000    962.372305
B-2    963.435479   1.063181     5.394781     6.457962   0.000000    962.372298
B-3    963.435449   1.063173     5.394782     6.457955   0.000000    962.372268

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:40                                        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                       55,268.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    24,779.76

SUBSERVICER ADVANCES THIS MONTH                                       15,754.45
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,509,747.77

 (B)  TWO MONTHLY PAYMENTS:                                    1     473,752.44

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        351,357.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     250,882,570.21

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          934

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                    1,959,102.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.45168450 %     4.84003400 %    1.70828170 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.40054970 %     4.87782883 %    1.72162140 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,598,606.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,727,444.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.31049004
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.79

POOL TRADING FACTOR:                                                83.85003260


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


Run:        07/31/97     12:07:18                                    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    25,027,272.63     6.350000  %    740,233.27
A-2   7609442N7             0.00             0.00     3.650000  %          0.00
R     7609442P2           100.00             0.00    10.000000  %          0.00

- -------------------------------------------------------------------------------
                   36,569,304.65    25,027,272.63                    740,233.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       130,306.28    870,539.55             0.00         0.00  24,287,039.36
A-2        74,900.46     74,900.46             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          205,206.74    945,440.01             0.00         0.00  24,287,039.36
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    684.381103  20.241984     3.563279    23.805263   0.000000    664.139119
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-July-97     
DISTRIBUTION DATE        30-July-97     

Run:     07/31/97     12:07:18                                        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                                                      24,287,039.36

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                 297,413.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      695,412.43

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:                                                66.41373029


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


Run:        07/23/97     15:33:41                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    78,353,950.93     6.500000  %  2,020,800.00
A-2   7609443C0    22,306,000.00     9,855,125.09     6.500000  %    995,319.40
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    24,544,288.95     6.500000  %     26,631.99
A-9   7609443K2             0.00             0.00     0.532563  %          0.00
R     7609443L0           100.00             0.00     6.500000  %          0.00
M-1   7609443M8     6,635,000.00     6,386,327.76     6.500000  %      6,929.54
M-2   7609443N6     3,317,000.00     3,192,682.63     6.500000  %      3,464.25
M-3   7609443P1     1,990,200.00     1,915,609.58     6.500000  %      2,078.55
B-1                 1,326,800.00     1,277,073.04     6.500000  %      1,385.70
B-2                   398,000.00       383,083.43     6.500000  %        415.67
B-3                   928,851.36       732,344.03     6.500000  %        794.63

- -------------------------------------------------------------------------------
                  265,366,951.36   225,972,485.44                  3,057,819.73
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       421,365.36  2,442,165.36             0.00         0.00  76,333,150.93
A-2        52,998.07  1,048,317.47             0.00         0.00   8,859,805.69
A-3       172,307.43    172,307.43             0.00         0.00  32,041,000.00
A-4       241,911.21    241,911.21             0.00         0.00  44,984,000.00
A-5        56,466.03     56,466.03             0.00         0.00  10,500,000.00
A-6        57,901.88     57,901.88             0.00         0.00  10,767,000.00
A-7         5,592.82      5,592.82             0.00         0.00   1,040,000.00
A-8       131,992.23    158,624.22             0.00         0.00  24,517,656.96
A-9        99,565.93     99,565.93             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        34,343.86     41,273.40             0.00         0.00   6,379,398.22
M-2        17,169.35     20,633.60             0.00         0.00   3,189,218.38
M-3        10,301.61     12,380.16             0.00         0.00   1,913,531.03
B-1         6,867.74      8,253.44             0.00         0.00   1,275,687.34
B-2         2,060.12      2,475.79             0.00         0.00     382,667.76
B-3         3,938.34      4,732.97             0.00         0.00     731,549.40

- -------------------------------------------------------------------------------
        1,314,781.98  4,372,601.71             0.00         0.00 222,914,665.71
===============================================================================

















































Run:        07/23/97     15:33:41
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    756.071434  19.499580     4.065938    23.565518   0.000000    736.571854
A-2    441.814987  44.621151     2.375956    46.997107   0.000000    397.193835
A-3   1000.000000   0.000000     5.377717     5.377717   0.000000   1000.000000
A-4   1000.000000   0.000000     5.377717     5.377717   0.000000   1000.000000
A-5   1000.000000   0.000000     5.377717     5.377717   0.000000   1000.000000
A-6   1000.000000   0.000000     5.377717     5.377717   0.000000   1000.000000
A-7   1000.000000   0.000000     5.377712     5.377712   0.000000   1000.000000
A-8    962.521135   1.044392     5.176166     6.220558   0.000000    961.476744
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    962.521139   1.044392     5.176166     6.220558   0.000000    961.476748
M-2    962.521143   1.044393     5.176168     6.220561   0.000000    961.476750
M-3    962.521144   1.044393     5.176168     6.220561   0.000000    961.476751
B-1    962.521134   1.044393     5.176168     6.220561   0.000000    961.476741
B-2    962.521181   1.044397     5.176181     6.220578   0.000000    961.476784
B-3    788.440499   0.855497     4.240011     5.095508   0.000000    787.585002

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:42                                        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                       51,900.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,913.45

SUBSERVICER ADVANCES THIS MONTH                                       23,323.58
MASTER SERVICER ADVANCES THIS MONTH                                    4,170.58


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,934,248.39

 (B)  TWO MONTHLY PAYMENTS:                                    3     950,722.28

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        507,758.99

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     222,914,665.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          800

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                 587,960.67

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,812,626.38

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.85450820 %     5.08673400 %    1.05875740 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.77696750 %     5.15091620 %    1.07211630 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5339 %

      BANKRUPTCY AMOUNT AVAILABLE                         109,256.00
      FRAUD AMOUNT AVAILABLE                            2,318,827.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,767,680.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.43683956
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.26

POOL TRADING FACTOR:                                                84.00242177


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


Run:        07/23/97     15:33:42                                    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    49,062,350.72     7.977374  %  1,521,256.67
M-1   7609442K3     3,625,500.00     2,781,727.53     7.977374  %     86,251.91
M-2   7609442L1     2,416,900.00     1,854,408.29     7.977374  %     57,498.90
R     7609442J6           100.00             0.00     7.977374  %          0.00
B-1                   886,200.00       679,952.24     7.977374  %     21,083.01
B-2                   322,280.00       247,274.90     7.977374  %      7,667.15
B-3                   805,639.55       304,112.99     7.977374  %      9,429.51

- -------------------------------------------------------------------------------
                  161,126,619.55    54,929,826.67                  1,703,187.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         322,933.70  1,844,190.37             0.00         0.00  47,541,094.05
M-1        18,309.63    104,561.54             0.00         0.00   2,695,475.62
M-2        12,205.92     69,704.82             0.00         0.00   1,796,909.39
R               0.00          0.00             0.00         0.00           0.00
B-1         4,475.51     25,558.52             0.00         0.00     658,869.23
B-2         1,627.59      9,294.74             0.00         0.00     239,607.75
B-3         2,001.71     11,431.22             0.00         0.00     279,060.65

- -------------------------------------------------------------------------------
          361,554.06  2,064,741.21             0.00         0.00  53,211,016.69
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      320.522315   9.938307     2.109713    12.048020   0.000000    310.584008
M-1    767.267282  23.790349     5.050236    28.840585   0.000000    743.476933
M-2    767.267280  23.790351     5.050238    28.840589   0.000000    743.476929
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    767.267253  23.790352     5.050226    28.840578   0.000000    743.476901
B-2    767.267283  23.790338     5.050236    28.840574   0.000000    743.476946
B-3    377.480214  11.704378     2.484622    14.189000   0.000000    346.384000

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:43                                        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                       14,477.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,722.89

SUBSERVICER ADVANCES THIS MONTH                                        9,575.36
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     650,908.34

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        617,235.38

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      53,211,016.69

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          190

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                    1,404,623.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.31823330 %     8.44010600 %    2.24166030 %
PREPAYMENT PERCENT           89.31823330 %     0.00000000 %   10.68176670 %
NEXT DISTRIBUTION            89.34445720 %     8.44258443 %    2.21295830 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              617,932.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,905,524.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.42460931
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              317.38

POOL TRADING FACTOR:                                                33.02434870


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


Run:        07/31/97     12:07:19                                    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    43,900,247.76     6.470000  %    160,484.27
A-2   7609443R7    61,308,403.22    61,308,403.22     6.470000  %          0.00
A-3   7609443S5     5,000,000.00     6,164,031.27     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   111,372,682.25                    160,484.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       235,884.53    396,368.80             0.00         0.00  43,739,763.49
A-2       329,421.92    329,421.92             0.00         0.00  61,308,403.22
A-3             0.00          0.00        33,120.53         0.00   6,197,151.80
S-1        14,589.10     14,589.10             0.00         0.00           0.00
S-2         5,072.80      5,072.80             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          584,968.35    745,452.62        33,120.53         0.00 111,245,318.51
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    886.873692   3.242106     4.765344     8.007450   0.000000    883.631586
A-2   1000.000000   0.000000     5.373194     5.373194   0.000000   1000.000000
A-3   1232.806254   0.000000     0.000000     0.000000   6.624106   1239.430360
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-July-97     
DISTRIBUTION DATE        30-July-97     

Run:     07/31/97     12:07:19                                        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                     2,784.32

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                                                     111,245,318.51

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               1,814,241.39

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:                                                96.05971532


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


Run:        07/23/97     15:33:43                                    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             0.00     4.500000  %          0.00
A-2   7609445P9    57,515,000.00    42,242,649.50     5.500000  %  3,495,749.66
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    26,239,059.77     6.250000  %  1,398,299.86
A-9   7609445W4             0.00             0.00     2.750000  %          0.00
A-10  7609445X2    43,420,000.00    34,743,026.02     6.500000  %    246,299.21
A-11  7609445Y0    66,266,000.00    66,266,000.00     6.500000  %          0.00
A-12  7609445Z7    32,444,000.00    40,038,781.00     6.500000  %          0.00
A-13  7609446A1     4,623,000.00     5,705,193.10     6.500000  %          0.00
A-14  7609446B9       478,414.72       384,948.46     0.000000  %      8,350.21
A-15  7609446C7             0.00             0.00     0.499404  %          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    11,280,242.85     6.500000  %     12,317.98
M-2   7609446G8     4,252,700.00     4,101,704.79     6.500000  %      4,479.04
M-3   7609446H6     4,252,700.00     4,101,704.79     6.500000  %      4,479.04
B-1                 2,126,300.00     2,050,804.16     6.500000  %      2,239.47
B-2                   638,000.00       615,347.36     6.500000  %        671.96
B-3                 1,488,500.71     1,334,646.84     6.500000  %      1,457.43

- -------------------------------------------------------------------------------
                  425,269,315.43   362,329,745.98                  5,174,343.86
===============================================================================
_______________________________________________________________________________
                                                                      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       192,455.18  3,688,204.84             0.00         0.00  38,746,899.84
A-3       207,080.12    207,080.12             0.00         0.00  41,665,000.00
A-4        52,238.05     52,238.05             0.00         0.00  10,090,000.00
A-5        39,542.29     39,542.29             0.00         0.00   7,344,000.00
A-6       242,684.53    242,684.53             0.00         0.00  45,072,637.34
A-7       102,592.43    102,592.43             0.00         0.00  19,054,000.00
A-8       135,845.13  1,534,144.99             0.00         0.00  24,840,759.91
A-9        59,771.86     59,771.86             0.00         0.00           0.00
A-10      187,066.82    433,366.03             0.00         0.00  34,496,726.81
A-11      356,795.93    356,795.93             0.00         0.00  66,266,000.00
A-12            0.00          0.00       215,580.75         0.00  40,254,361.75
A-13            0.00          0.00        30,718.46         0.00   5,735,911.56
A-14            0.00      8,350.21             0.00         0.00     376,598.25
A-15      149,889.70    149,889.70             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        60,736.20     73,054.18             0.00         0.00  11,267,924.87
M-2        22,084.81     26,563.85             0.00         0.00   4,097,225.75
M-3        22,084.81     26,563.85             0.00         0.00   4,097,225.75
B-1        11,042.14     13,281.61             0.00         0.00   2,048,564.69
B-2         3,313.21      3,985.17             0.00         0.00     614,675.40
B-3         7,186.13      8,643.56             0.00         0.00   1,216,046.90

- -------------------------------------------------------------------------------
        1,852,409.34  7,026,753.20       246,299.21         0.00 357,284,558.82
===============================================================================



































Run:        07/23/97     15:33:43
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      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    734.463175  60.779791     3.346174    64.125965   0.000000    673.683384
A-3   1000.000000   0.000000     4.970122     4.970122   0.000000   1000.000000
A-4   1000.000000   0.000000     5.177210     5.177210   0.000000   1000.000000
A-5   1000.000000   0.000000     5.384299     5.384299   0.000000   1000.000000
A-6    991.980926   0.000000     5.341121     5.341121   0.000000    991.980926
A-7   1000.000000   0.000000     5.384299     5.384299   0.000000   1000.000000
A-8    522.857081  27.863460     2.706941    30.570401   0.000000    494.993622
A-10   800.161815   5.672483     4.308310     9.980793   0.000000    794.489332
A-11  1000.000000   0.000000     5.384299     5.384299   0.000000   1000.000000
A-12  1234.088922   0.000000     0.000000     0.000000   6.644703   1240.733626
A-13  1234.088925   0.000000     0.000000     0.000000   6.644703   1240.733628
A-14   804.633394  17.453915     0.000000    17.453915   0.000000    787.179479
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    964.494280   1.053224     5.193126     6.246350   0.000000    963.441056
M-2    964.494272   1.053223     5.193127     6.246350   0.000000    963.441049
M-3    964.494272   1.053223     5.193127     6.246350   0.000000    963.441049
B-1    964.494267   1.053224     5.193124     6.246348   0.000000    963.441043
B-2    964.494295   1.053229     5.193119     6.246348   0.000000    963.441066
B-3    896.638363   0.979126     4.827771     5.806897   0.000000    816.960914

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:44                                        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                       70,920.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    38,134.85

SUBSERVICER ADVANCES THIS MONTH                                       62,391.81
MASTER SERVICER ADVANCES THIS MONTH                                    5,937.53


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   5,630,809.47

 (B)  TWO MONTHLY PAYMENTS:                                    1     739,765.22

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     325,153.37


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      2,394,621.74

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     357,284,558.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,274

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                 816,790.61

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,951,123.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.51159320 %     5.38304500 %    1.10536150 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.46003290 %     5.44730409 %    1.08691520 %
CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4984 %

      BANKRUPTCY AMOUNT AVAILABLE                         142,572.00
      FRAUD AMOUNT AVAILABLE                            3,670,386.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,670,386.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.35341772
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.68

POOL TRADING FACTOR:                                                84.01371692


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


Run:        07/23/97     15:33:45                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    13,272,620.00     6.000000  %    828,361.17
A-2   7609445A2    54,914,000.00    29,507,291.59     6.000000  %    624,130.97
A-3   7609445B0    15,096,000.00     8,969,272.32     6.000000  %    304,530.73
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     6.090000  %          0.00
A-8   7609445G9     3,452,000.00     3,156,682.26     5.845732  %          0.00
A-9   7609445H7             0.00             0.00     0.323771  %          0.00
R     7609445J3           100.00             0.00     6.000000  %          0.00
M-1   7609445K0       775,800.00       660,597.74     6.000000  %      3,291.76
M-2   7609445L8     2,868,200.00     2,442,287.23     6.000000  %     12,169.91
B                     620,201.82       528,105.10     6.000000  %      2,631.54

- -------------------------------------------------------------------------------
                  155,035,301.82   116,725,751.30                  1,775,116.08
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        65,961.02    894,322.19             0.00         0.00  12,444,258.83
A-2       146,642.56    770,773.53             0.00         0.00  28,883,160.62
A-3        44,574.64    349,105.37             0.00         0.00   8,664,741.59
A-4        30,926.48     30,926.48             0.00         0.00   6,223,000.00
A-5        45,976.86     45,976.86             0.00         0.00   9,251,423.55
A-6       185,388.27    185,388.27             0.00         0.00  37,303,669.38
A-7        27,293.45     27,293.45             0.00         0.00   5,410,802.13
A-8        15,284.43     15,284.43             0.00         0.00   3,156,682.26
A-9        31,302.82     31,302.82             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         3,282.98      6,574.74             0.00         0.00     657,305.98
M-2        12,137.45     24,307.36             0.00         0.00   2,430,117.32
B           2,624.50      5,256.04             0.00         0.00     525,473.56

- -------------------------------------------------------------------------------
          611,395.46  2,386,511.54             0.00         0.00 114,950,635.22
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    776.721676  48.476192     3.860078    52.336270   0.000000    728.245484
A-2    537.336409  11.365607     2.670404    14.036011   0.000000    525.970802
A-3    594.148935  20.172942     2.952745    23.125687   0.000000    573.975993
A-4   1000.000000   0.000000     4.969706     4.969706   0.000000   1000.000000
A-5    972.298849   0.000000     4.832040     4.832040   0.000000    972.298849
A-6    967.268303   0.000000     4.807039     4.807039   0.000000    967.268303
A-7    914.450250   0.000000     4.612718     4.612718   0.000000    914.450250
A-8    914.450249   0.000000     4.427703     4.427703   0.000000    914.450249
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    851.505208   4.243052     4.231735     8.474787   0.000000    847.262155
M-2    851.505205   4.243048     4.231731     8.474779   0.000000    847.262158
B      851.505241   4.242990     4.231735     8.474725   0.000000    847.262251

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:45                                        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                       24,296.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,282.10

SUBSERVICER ADVANCES THIS MONTH                                        8,318.10
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     825,301.11

 (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                                                     114,950,635.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          485

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                    1,193,472.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.88929820 %     2.65826900 %    0.45243240 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.85700140 %     2.68586885 %    0.45712980 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3243 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              603,402.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,584,480.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.70091475
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              134.38

POOL TRADING FACTOR:                                                74.14481339


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


Run:        07/23/97     15:33:46                                    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     8,444,217.59     6.500000  %    127,479.31
A-2   7609443X4    70,702,000.00    33,265,223.71     6.500000  %    420,818.81
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    28,433,507.62     6.500000  %     31,408.01
A-9   7609444E5             0.00             0.00     0.444743  %          0.00
R     7609444F2           100.00             0.00     6.500000  %          0.00
M-1   7609444G0     8,605,600.00     8,294,487.91     6.500000  %      9,162.20
M-2   7609444H8     3,129,000.00     3,015,879.51     6.500000  %      3,331.38
M-3   7609444J4     3,129,000.00     3,015,879.51     6.500000  %      3,331.38
B-1                 1,251,600.00     1,206,351.81     6.500000  %      1,332.55
B-2                   625,800.00       603,175.90     6.500000  %        666.28
B-3                 1,251,647.88     1,124,002.01     6.500000  %      1,241.58

- -------------------------------------------------------------------------------
                  312,906,747.88   262,329,725.57                    598,771.50
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        45,709.33    173,188.64             0.00         0.00   8,316,738.28
A-2       180,067.76    600,886.57             0.00         0.00  32,844,404.90
A-3        60,697.01     60,697.01             0.00         0.00  11,213,000.00
A-4       442,542.02    442,542.02             0.00         0.00  81,754,000.00
A-5       342,984.40    342,984.40             0.00         0.00  63,362,000.00
A-6        95,259.61     95,259.61             0.00         0.00  17,598,000.00
A-7         5,413.10      5,413.10             0.00         0.00   1,000,000.00
A-8       153,913.22    185,321.23             0.00         0.00  28,402,099.61
A-9        97,160.36     97,160.36             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        44,898.84     54,061.04             0.00         0.00   8,285,325.71
M-2        16,325.23     19,656.61             0.00         0.00   3,012,548.13
M-3        16,325.23     19,656.61             0.00         0.00   3,012,548.13
B-1         6,530.10      7,862.65             0.00         0.00   1,205,019.26
B-2         3,265.04      3,931.32             0.00         0.00     602,509.62
B-3         6,084.34      7,325.92             0.00         0.00   1,122,760.43

- -------------------------------------------------------------------------------
        1,517,175.59  2,115,947.09             0.00         0.00 261,730,954.07
===============================================================================















































Run:        07/23/97     15:33:46
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    426.798968   6.443230     2.310302     8.753532   0.000000    420.355738
A-2    470.499048   5.952007     2.546855     8.498862   0.000000    464.547041
A-3   1000.000000   0.000000     5.413093     5.413093   0.000000   1000.000000
A-4   1000.000000   0.000000     5.413093     5.413093   0.000000   1000.000000
A-5   1000.000000   0.000000     5.413093     5.413093   0.000000   1000.000000
A-6   1000.000000   0.000000     5.413093     5.413093   0.000000   1000.000000
A-7   1000.000000   0.000000     5.413100     5.413100   0.000000   1000.000000
A-8    963.847716   1.064678     5.217397     6.282075   0.000000    962.783038
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    963.847717   1.064679     5.217398     6.282077   0.000000    962.783038
M-2    963.847718   1.064679     5.217395     6.282074   0.000000    962.783039
M-3    963.847718   1.064679     5.217395     6.282074   0.000000    962.783039
B-1    963.847723   1.064677     5.217402     6.282079   0.000000    962.783046
B-2    963.847715   1.064685     5.217386     6.282071   0.000000    962.783030
B-3    898.017748   0.991964     4.861048     5.853012   0.000000    897.025791

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:46                                        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                       54,968.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    27,585.52

SUBSERVICER ADVANCES THIS MONTH                                       39,566.27
MASTER SERVICER ADVANCES THIS MONTH                                    2,298.54


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,485,471.52

 (B)  TWO MONTHLY PAYMENTS:                                    2     507,437.99

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     720,423.25


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,083,183.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     261,730,954.07

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          927

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                 334,335.11

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      308,998.75

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.42057920 %     5.46116000 %    1.11826050 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.41281150 %     5.46760777 %    1.11958070 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4446 %

      BANKRUPTCY AMOUNT AVAILABLE                         116,802.00
      FRAUD AMOUNT AVAILABLE                            2,671,692.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,359,024.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.32175045
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.04

POOL TRADING FACTOR:                                                83.64503349


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


Run:        07/23/97     15:33:47                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     6.500000  %          0.00
A-2   7609444L9    29,271,000.00    20,271,611.89     6.000000  %  1,064,666.00
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     6.072000  %          0.00
A-8   7609444S4     5,178,948.00     4,846,170.25     7.426866  %          0.00
A-9   7609444T2    16,947,000.00    16,947,000.00     6.500000  %          0.00
A-10  7609444U9             0.00             0.00     0.194710  %          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       671,000.58     6.500000  %      3,346.39
M-2   7609444Y1     2,903,500.00     2,481,847.38     6.500000  %     12,377.36
B                     627,984.63       536,787.29     6.500000  %      2,677.04

- -------------------------------------------------------------------------------
                  156,939,684.63   114,576,557.64                  1,083,066.79
===============================================================================
_______________________________________________________________________________
                                                                      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       101,161.77  1,165,827.77             0.00         0.00  19,206,945.89
A-3       151,349.62    151,349.62             0.00         0.00  28,657,000.00
A-4        25,571.21     25,571.21             0.00         0.00   4,730,000.00
A-5        12,005.34     12,005.34             0.00         0.00           0.00
A-6       134,803.59    134,803.59             0.00         0.00  24,935,106.59
A-7        53,027.28     53,027.28             0.00         0.00  10,500,033.66
A-8        29,935.13     29,935.13             0.00         0.00   4,846,170.25
A-9        91,618.48     91,618.48             0.00         0.00  16,947,000.00
A-10       18,555.02     18,555.02             0.00         0.00           0.00
R-I             1.89          1.89             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1         3,627.55      6,973.94             0.00         0.00     667,654.19
M-2        13,417.31     25,794.67             0.00         0.00   2,469,470.02
B           2,901.95      5,578.99             0.00         0.00     534,110.25

- -------------------------------------------------------------------------------
          637,976.14  1,721,042.93             0.00         0.00 113,493,490.85
===============================================================================
_______________________________________________________________________________



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    692.549345  36.372724     3.456041    39.828765   0.000000    656.176622
A-3   1000.000000   0.000000     5.281419     5.281419   0.000000   1000.000000
A-4   1000.000000   0.000000     5.406175     5.406175   0.000000   1000.000000
A-6    974.560564   0.000000     5.268647     5.268647   0.000000    974.560564
A-7    935.744141   0.000000     4.725696     4.725696   0.000000    935.744141
A-8    935.744141   0.000000     5.780157     5.780157   0.000000    935.744142
A-9   1000.000000   0.000000     5.406177     5.406177   0.000000   1000.000000
R-I      0.000000   0.000000    18.910000    18.910000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    854.777809   4.262917     4.621083     8.884000   0.000000    850.514892
M-2    854.777813   4.262910     4.621081     8.883991   0.000000    850.514903
B      854.777751   4.262907     4.621084     8.883991   0.000000    850.514845

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:48                                        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                       25,681.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,193.46

SUBSERVICER ADVANCES THIS MONTH                                       11,684.86
MASTER SERVICER ADVANCES THIS MONTH                                    2,497.69


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,142,508.07

 (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                                                     113,493,490.85

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          505

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                 238,433.76

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      511,655.45

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.77976430 %     2.75173900 %    0.46849660 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.76524670 %     2.76414461 %    0.47060870 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1954 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              593,921.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,164,647.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.09051001
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              133.58

POOL TRADING FACTOR:                                                72.31662987


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


Run:        07/23/97     15:33:48                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   117,050,213.83     6.990669  %  1,306,337.76
A-2   760947LS8    99,787,000.00    69,940,656.77     6.990669  %    780,572.01
A-3   7609446Y9   100,000,000.00   124,665,868.75     6.990669  %          0.00
A-4   7609446Z6             0.00             0.00     0.133000  %          0.00
R     7609447A0           100.00             0.00     6.990669  %          0.00
M-1   7609447B8    10,702,300.00    10,330,144.08     6.990669  %     11,269.61
M-2   7609447C6     3,891,700.00     3,756,372.13     6.990669  %      4,097.99
M-3   7609447D4     3,891,700.00     3,756,372.13     6.990669  %      4,097.99
B-1                 1,751,300.00     1,690,401.24     6.990669  %      1,844.13
B-2                   778,400.00       751,332.33     6.990669  %        819.66
B-3                 1,362,164.15     1,307,081.90     6.990669  %      1,425.95

- -------------------------------------------------------------------------------
                  389,164,664.15   333,248,443.16                  2,110,465.10
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       680,563.59  1,986,901.35             0.00         0.00 115,743,876.07
A-2       406,655.08  1,187,227.09             0.00         0.00  69,160,084.76
A-3             0.00          0.00       724,843.20         0.00 125,390,711.95
A-4        36,863.59     36,863.59             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        60,062.43     71,332.04             0.00         0.00  10,318,874.47
M-2        21,840.63     25,938.62             0.00         0.00   3,752,274.14
M-3        21,840.63     25,938.62             0.00         0.00   3,752,274.14
B-1         9,828.48     11,672.61             0.00         0.00   1,688,557.11
B-2         4,368.46      5,188.12             0.00         0.00     750,512.67
B-3         7,599.73      9,025.68             0.00         0.00   1,305,655.95

- -------------------------------------------------------------------------------
        1,249,622.62  3,360,087.72       724,843.20         0.00 331,862,821.26
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    700.899484   7.822382     4.075231    11.897613   0.000000    693.077102
A-2    700.899484   7.822382     4.075231    11.897613   0.000000    693.077102
A-3   1246.658688   0.000000     0.000000     0.000000   7.248432   1253.907120
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    965.226548   1.053008     5.612105     6.665113   0.000000    964.173539
M-2    965.226541   1.053008     5.612105     6.665113   0.000000    964.173533
M-3    965.226541   1.053008     5.612105     6.665113   0.000000    964.173533
B-1    965.226540   1.053006     5.612105     6.665111   0.000000    964.173534
B-2    965.226529   1.053006     5.612102     6.665108   0.000000    964.173523
B-3    959.562693   1.046812     5.579173     6.625985   0.000000    958.515866

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:49                                        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                       63,276.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,483.23

SUBSERVICER ADVANCES THIS MONTH                                       30,923.95
MASTER SERVICER ADVANCES THIS MONTH                                    2,237.71


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   2,492,733.20

 (B)  TWO MONTHLY PAYMENTS:                                    2     657,617.15

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     575,165.57


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        735,585.15

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     331,862,821.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,312

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                 290,880.17

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,022,066.62

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.52083880 %     5.35423000 %    1.12493110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.50088440 %     5.37071995 %    1.12839570 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,679,354.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,358,708.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.43204896
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.92

POOL TRADING FACTOR:                                                85.27568195


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


Run:        07/23/97     15:33:49                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    13,814,556.32     6.500000  %    940,743.97
A-2   760947AB7    16,923,000.00    16,923,000.00     6.500000  %          0.00
A-3   760947AC5    28,000,000.00    14,353,857.18     6.500000  %    432,685.10
A-4   760947AD3    73,800,000.00    69,773,803.81     6.500000  %    707,355.89
A-5   760947AE1    13,209,000.00    16,212,008.42     6.500000  %          0.00
A-6   760947AF8     1,749,506.64     1,268,663.10     0.000000  %     15,343.35
A-7   760947AG6             0.00             0.00     0.045000  %          0.00
A-8   760947AH4             0.00             0.00     0.215277  %          0.00
R     760947AJ0           100.00             0.00     6.500000  %          0.00
M-1   760947AK7       909,200.00       781,248.12     6.500000  %      3,830.21
M-2   760947AL5     2,907,400.00     2,498,241.01     6.500000  %     12,248.09
B                     726,864.56       624,572.75     6.500000  %      3,062.09

- -------------------------------------------------------------------------------
                  181,709,071.20   136,249,950.71                  2,115,268.70
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        74,243.73  1,014,987.70             0.00         0.00  12,873,812.35
A-2        90,949.47     90,949.47             0.00         0.00  16,923,000.00
A-3        77,142.10    509,827.20             0.00         0.00  13,921,172.08
A-4       374,986.14  1,082,342.03             0.00         0.00  69,066,447.92
A-5             0.00          0.00        87,128.38         0.00  16,299,136.80
A-6             0.00     15,343.35             0.00         0.00   1,253,319.75
A-7         5,069.42      5,069.42             0.00         0.00           0.00
A-8        24,251.77     24,251.77             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         4,198.67      8,028.88             0.00         0.00     777,417.91
M-2        13,426.33     25,674.42             0.00         0.00   2,485,992.92
B           3,356.65      6,418.74             0.00         0.00     621,510.66

- -------------------------------------------------------------------------------
          667,624.28  2,782,892.98        87,128.38         0.00 134,221,810.39
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    317.692860  21.634256     1.707380    23.341636   0.000000    296.058604
A-2   1000.000000   0.000000     5.374311     5.374311   0.000000   1000.000000
A-3    512.637756  15.453039     2.755075    18.208114   0.000000    497.184717
A-4    945.444496   9.584768     5.081113    14.665881   0.000000    935.859728
A-5   1227.345629   0.000000     0.000000     0.000000   6.596137   1233.941767
A-6    725.154778   8.770101     0.000000     8.770101   0.000000    716.384678
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    859.269820   4.212725     4.617983     8.830708   0.000000    855.057094
M-2    859.269798   4.212730     4.617985     8.830715   0.000000    855.057068
B      859.269779   4.212724     4.617986     8.830710   0.000000    855.057041

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:50                                        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                       25,502.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,245.09

SUBSERVICER ADVANCES THIS MONTH                                       19,629.65
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,458,660.91

 (B)  TWO MONTHLY PAYMENTS:                                    1     247,214.62

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        224,200.40

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     134,221,810.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          591

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                    1,359,846.97

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         97.10770140 %     2.42958800 %    0.46271060 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            97.07831420 %     2.43135659 %    0.46741200 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2160 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              703,633.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     896,783.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.00666516
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              134.65

POOL TRADING FACTOR:                                                73.86632352


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


Run:        07/23/97     15:33:50                                    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   120,429,332.20     7.000000  %  2,587,702.97
A-2   760947AS0    49,338,300.00    49,338,300.00     7.000000  %          0.00
A-3   760947AT8    12,500,000.00     8,336,462.53     7.000000  %    127,069.50
A-4   760947BA8   100,000,000.00   124,005,166.58     7.000000  %          0.00
A-5   760947AU5     2,381,928.79     2,116,780.17     0.000000  %      7,554.71
A-6   760947AV3             0.00             0.00     0.354594  %          0.00
R     760947AW1           100.00             0.00     7.000000  %          0.00
M-1   760947AX9    11,822,000.00    11,419,920.05     7.000000  %     11,910.06
M-2   760947AY7     3,940,650.00     3,806,623.89     7.000000  %      3,970.00
M-3   760947AZ4     3,940,700.00     3,806,672.20     7.000000  %      3,970.05
B-1                 2,364,500.00     2,284,080.59     7.000000  %      2,382.11
B-2                   788,200.00       761,392.40     7.000000  %        794.07
B-3                 1,773,245.53     1,529,570.83     7.000000  %      1,595.23

- -------------------------------------------------------------------------------
                  394,067,185.32   327,834,301.44                  2,746,948.70
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       702,381.42  3,290,084.39             0.00         0.00 117,841,629.23
A-2       287,756.35    287,756.35             0.00         0.00  49,338,300.00
A-3        48,620.84    175,690.34             0.00         0.00   8,209,393.03
A-4             0.00          0.00       723,236.80         0.00 124,728,403.38
A-5             0.00      7,554.71             0.00         0.00   2,109,225.46
A-6        96,856.48     96,856.48             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        66,604.53     78,514.59             0.00         0.00  11,408,009.99
M-2        22,201.42     26,171.42             0.00         0.00   3,802,653.89
M-3        22,201.70     26,171.75             0.00         0.00   3,802,702.15
B-1        13,321.47     15,703.58             0.00         0.00   2,281,698.48
B-2         4,440.68      5,234.75             0.00         0.00     760,598.33
B-3         8,920.94     10,516.17             0.00         0.00   1,527,975.60

- -------------------------------------------------------------------------------
        1,273,305.83  4,020,254.53       723,236.80         0.00 325,810,589.54
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    586.837362  12.609559     3.422618    16.032177   0.000000    574.227803
A-2   1000.000000   0.000000     5.832312     5.832312   0.000000   1000.000000
A-3    666.917002  10.165560     3.889667    14.055227   0.000000    656.751442
A-4   1240.051666   0.000000     0.000000     0.000000   7.232368   1247.284034
A-5    888.683230   3.171678     0.000000     3.171678   0.000000    885.511552
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    965.988839   1.007449     5.633948     6.641397   0.000000    964.981390
M-2    965.988832   1.007448     5.633949     6.641397   0.000000    964.981384
M-3    965.988834   1.007448     5.633948     6.641396   0.000000    964.981387
B-1    965.988831   1.007448     5.633948     6.641396   0.000000    964.981383
B-2    965.988835   1.007447     5.633951     6.641398   0.000000    964.981388
B-3    862.582651   0.899588     5.030854     5.930442   0.000000    861.683041

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:51                                        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                       56,319.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,247.18

SUBSERVICER ADVANCES THIS MONTH                                       61,073.24
MASTER SERVICER ADVANCES THIS MONTH                                    4,118.95


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    21   4,807,582.11

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,023,330.92

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,531,624.26

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     325,810,589.54

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,235

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                 567,739.83

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,681,609.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.75192200 %     5.84347300 %    1.40460480 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.71438400 %     5.83571150 %    1.41187930 %
CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3548 %

      BANKRUPTCY AMOUNT AVAILABLE                         106,235.00
      FRAUD AMOUNT AVAILABLE                            3,301,204.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,301,204.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.59664893
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.28

POOL TRADING FACTOR:                                                82.67894452


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


Run:        07/23/97     15:33:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   110,865,283.35     6.500000  %  1,049,341.24
A-2   760947BC4     1,321,915.43     1,021,203.64     0.000000  %      8,987.21
A-3   760947BD2             0.00             0.00     0.306445  %          0.00
R     760947BE0           100.00             0.00     6.500000  %          0.00
M-1   760947BF7     1,168,000.00     1,005,935.19     6.500000  %      4,987.18
M-2   760947BG5     2,491,000.00     2,145,363.45     6.500000  %     10,636.19
B                     622,704.85       536,302.00     6.500000  %      2,658.87

- -------------------------------------------------------------------------------
                  155,671,720.28   115,574,087.63                  1,076,610.69
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       600,282.30  1,649,623.54             0.00         0.00 109,815,942.11
A-2             0.00      8,987.21             0.00         0.00   1,012,216.43
A-3        29,502.55     29,502.55             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         5,446.66     10,433.84             0.00         0.00   1,000,948.01
M-2        11,616.11     22,252.30             0.00         0.00   2,134,727.26
B           2,903.82      5,562.69             0.00         0.00     533,643.13

- -------------------------------------------------------------------------------
          649,751.44  1,726,362.13             0.00         0.00 114,497,476.94
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    738.766981   6.992438     4.000069    10.992507   0.000000    731.774543
A-2    772.518133   6.798627     0.000000     6.798627   0.000000    765.719506
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    861.245882   4.269846     4.663236     8.933082   0.000000    856.976036
M-2    861.245865   4.269847     4.663232     8.933079   0.000000    856.976018
B      861.245902   4.269856     4.663237     8.933093   0.000000    856.976030

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:52                                        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                       22,193.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,401.14

SUBSERVICER ADVANCES THIS MONTH                                       11,242.52
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     497,518.19

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        639,989.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     114,497,476.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          510

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                      503,581.06

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.78087490 %     2.75095500 %    0.46816980 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.76670050 %     2.73864137 %    0.47023120 %
CLASS A-3  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3071 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              580,439.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     854,579.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.04641245
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              134.65

POOL TRADING FACTOR:                                                73.55059527


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


Run:        07/23/97     15:33:52                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    10,128,992.71     7.750000  %    599,734.55
A-2   760947BS9    40,324,000.00    26,523,529.60     7.750000  %    547,807.99
A-3   760947BT7     6,500,000.00     6,500,000.00     7.750000  %          0.00
A-4   760947BU4     5,000,000.00     2,348,001.40     7.750000  %    105,270.76
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    26,930,662.30     7.750000  %          0.00
A-8   760947BY6    15,537,000.00     6,171,673.17     7.750000  %    365,422.87
A-9   760947BZ3     2,074,847.12     1,846,832.63     0.000000  %     12,855.41
A-10  760947CE9             0.00             0.00     0.317849  %          0.00
R     760947CA7       355,000.00        35,855.89     7.750000  %        481.38
M-1   760947CB5     4,463,000.00     4,328,543.76     7.750000  %      4,169.58
M-2   760947CC3     2,028,600.00     1,967,484.64     7.750000  %      1,895.23
M-3   760947CD1     1,623,000.00     1,574,104.07     7.750000  %      1,516.30
B-1                   974,000.00       944,656.43     7.750000  %        909.96
B-2                   324,600.00       314,820.81     7.750000  %        303.26
B-3                   730,456.22       652,323.99     7.750000  %        628.37

- -------------------------------------------------------------------------------
                  162,292,503.34   119,249,519.71                  1,640,995.66
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        65,394.64    665,129.19             0.00         0.00   9,529,258.16
A-2       171,240.80    719,048.79             0.00         0.00  25,975,721.61
A-3        41,965.20     41,965.20             0.00         0.00   6,500,000.00
A-4        15,159.13    120,429.89             0.00         0.00   2,242,730.64
A-5        99,238.01     99,238.01             0.00         0.00  15,371,000.00
A-6        87,875.37     87,875.37             0.00         0.00  13,611,038.31
A-7             0.00          0.00       173,869.31         0.00  27,104,531.61
A-8        39,845.46    405,268.33             0.00         0.00   5,806,250.30
A-9             0.00     12,855.41             0.00         0.00   1,833,977.22
A-10       31,575.61     31,575.61             0.00         0.00           0.00
R             231.49        712.87             0.00         0.00      35,374.51
M-1        27,945.88     32,115.46             0.00         0.00   4,324,374.18
M-2        12,702.44     14,597.67             0.00         0.00   1,965,589.41
M-3        10,162.71     11,679.01             0.00         0.00   1,572,587.77
B-1         6,098.88      7,008.84             0.00         0.00     943,746.47
B-2         2,032.54      2,335.80             0.00         0.00     314,517.55
B-3         4,211.53      4,839.90             0.00         0.00     627,047.81

- -------------------------------------------------------------------------------
          615,679.69  2,256,675.35       173,869.31         0.00 117,757,745.55
===============================================================================














































Run:        07/23/97     15:33:52
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    389.576643  23.066713     2.515178    25.581891   0.000000    366.509929
A-2    657.760381  13.585160     4.246622    17.831782   0.000000    644.175221
A-3   1000.000000   0.000000     6.456185     6.456185   0.000000   1000.000000
A-4    469.600280  21.054152     3.031826    24.085978   0.000000    448.546128
A-5   1000.000000   0.000000     6.456184     6.456184   0.000000   1000.000000
A-6    698.467610   0.000000     4.509436     4.509436   0.000000    698.467610
A-7   1252.588944   0.000000     0.000000     0.000000   8.086945   1260.675889
A-8    397.224250  23.519526     2.564553    26.084079   0.000000    373.704724
A-9    890.105402   6.195835     0.000000     6.195835   0.000000    883.909567
R      101.002507   1.356000     0.652085     2.008085   0.000000     99.646507
M-1    969.873126   0.934255     6.261680     7.195935   0.000000    968.938871
M-2    969.873134   0.934255     6.261678     7.195933   0.000000    968.938879
M-3    969.873118   0.934258     6.261682     7.195940   0.000000    968.938860
B-1    969.873131   0.934251     6.261684     7.195935   0.000000    968.938881
B-2    969.873105   0.934258     6.261676     7.195934   0.000000    968.938848
B-3    893.036396   0.860243     5.765616     6.625859   0.000000    858.433117

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:54                                        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                       22,901.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,869.48

SUBSERVICER ADVANCES THIS MONTH                                       22,927.54
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,264,633.62

 (B)  TWO MONTHLY PAYMENTS:                                    2     486,846.17

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        157,333.60

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     117,757,745.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          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                    1,140,946.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.66804960 %     6.70353700 %    1.62841350 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.59114360 %     6.67688679 %    1.62633760 %
CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3191 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,348,433.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,074,617.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.24908611
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.60

POOL TRADING FACTOR:                                                72.55895567


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


Run:        07/23/97     15:35:35                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    20,056,428.36     6.500000  %    666,076.47
A-II  760947BJ9    22,971,650.00    16,938,594.74     7.000000  %     98,049.52
A-II  760947BK6    31,478,830.00    20,518,415.62     7.500000  %    107,054.32
IO    760947BL4             0.00             0.00     0.329063  %          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       911,664.64     7.038077  %      4,218.29
M-2   760947BQ3     1,539,985.00     1,349,264.21     7.038077  %      6,243.07
B                     332,976.87       291,739.06     7.038077  %      1,349.88

- -------------------------------------------------------------------------------
                   83,242,471.87    60,066,106.63                    882,991.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-I       108,562.03    774,638.50             0.00         0.00  19,390,351.89
A-II       98,738.48    196,788.00             0.00         0.00  16,840,545.22
A-III     128,149.26    235,203.58             0.00         0.00  20,411,361.30
IO         16,459.58     16,459.58             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         5,343.18      9,561.47             0.00         0.00     907,446.35
M-2         7,907.91     14,150.98             0.00         0.00   1,343,021.14
B           1,709.86      3,059.74             0.00         0.00     290,389.18

- -------------------------------------------------------------------------------
          366,870.30  1,249,861.85             0.00         0.00  59,183,115.08
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-I    775.028822  25.738803     4.195099    29.933902   0.000000    749.290019
A-II   737.369529   4.268284     4.298275     8.566559   0.000000    733.101245
A-II   651.816336   3.400835     4.070966     7.471801   0.000000    648.415500
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    876.154114   4.053978     5.135058     9.189036   0.000000    872.100136
M-2    876.154125   4.053978     5.135057     9.189035   0.000000    872.100147
B      876.154130   4.053977     5.135066     9.189043   0.000000    872.100153

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:35                                        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                       10,801.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,100.82

SUBSERVICER ADVANCES THIS MONTH                                        6,979.76
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     676,759.42

 (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                                                      59,183,115.08

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          302

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                      604,622.63

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.75023580 %     3.76406800 %    0.48569660 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.70678790 %     3.80254993 %    0.49066220 %
CLASS IO   - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3301 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              689,639.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     500,000.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.61901600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              136.94

POOL TRADING FACTOR:                                                71.09725811


Run:     07/23/97     15:35:35                                        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                        4,386.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,184.59

SUBSERVICER ADVANCES THIS MONTH                                        5,247.33
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     518,553.45

 (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                                                      20,201,202.40

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          103

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                      570,036.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.09628240 %     3.45757300 %    0.44614410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.55513868 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.04581361
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              134.91

POOL TRADING FACTOR:                                                75.32955830


Run:     07/23/97     15:35:36                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4158)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4158      
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        2,999.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,068.26

SUBSERVICER ADVANCES THIS MONTH                                          524.16
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      49,355.69

 (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                                                      17,565,982.27

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           84

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                       20,644.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.87506420 %     3.65349900 %    0.47143710 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.65779266 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.44962095
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              138.50

POOL TRADING FACTOR:                                                73.79169806


Run:     07/23/97     15:35:36                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4159)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4159      
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,415.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,176.18

SUBSERVICER ADVANCES THIS MONTH                                        1,208.27
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     108,850.28

 (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                                                      21,415,930.41

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          115

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                       13,941.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.31229540 %     4.15195900 %    0.53574580 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     4.15466161 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.29864869
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              137.57

POOL TRADING FACTOR:                                                65.65165179


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


Run:        07/23/97     15:33:55                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     8,611,344.72     8.000000  %    370,540.93
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    24,270,349.61     8.000000  %    935,681.54
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     2,327,931.13     0.000000  %     65,126.40
A-12  760947CW9             0.00             0.00     0.327451  %          0.00
R     760947CS8           100.00             0.00     8.000000  %          0.00
M-1   760947CT6     5,660,500.00     5,517,794.73     8.000000  %      5,068.87
M-2   760947CU3     2,572,900.00     2,508,035.32     8.000000  %      2,303.98
M-3   760947CV1     2,058,400.00     2,006,506.28     8.000000  %      1,843.26
B-1                 1,029,200.00     1,003,253.10     8.000000  %        921.63
B-2                   617,500.00       601,932.38     8.000000  %        552.96
B-3                   926,311.44       769,033.05     8.000000  %        706.46

- -------------------------------------------------------------------------------
                  205,832,763.60   140,019,180.32                  1,382,746.03
===============================================================================
_______________________________________________________________________________
                                                                      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        57,389.55    427,930.48             0.00         0.00   8,240,803.79
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         6,872.68      6,872.68             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       161,747.64  1,097,429.18             0.00         0.00  23,334,668.07
A-8        13,995.27     13,995.27             0.00         0.00   2,100,000.00
A-9        90,409.43     90,409.43             0.00         0.00  13,566,000.00
A-10      338,132.33    338,132.33             0.00         0.00  50,737,000.00
A-11            0.00     65,126.40             0.00         0.00   2,262,804.73
A-12       38,194.93     38,194.93             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        36,772.87     41,841.74             0.00         0.00   5,512,725.86
M-2        16,714.59     19,018.57             0.00         0.00   2,505,731.34
M-3        13,372.19     15,215.45             0.00         0.00   2,004,663.02
B-1         6,686.09      7,607.72             0.00         0.00   1,002,331.47
B-2         4,011.52      4,564.48             0.00         0.00     601,379.42
B-3         5,125.16      5,831.62             0.00         0.00     768,326.59

- -------------------------------------------------------------------------------
          955,882.58  2,338,628.61             0.00         0.00 138,636,434.29
===============================================================================










































Run:        07/23/97     15:33:55
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    298.445440  12.841926     1.988963    14.830889   0.000000    285.603514
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     6.872680     6.872680   0.000000   1000.000000
A-6   1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-7    486.896897  18.771070     3.244882    22.015952   0.000000    468.125826
A-8   1000.000000   0.000000     6.664414     6.664414   0.000000   1000.000000
A-9   1000.000000   0.000000     6.664413     6.664413   0.000000   1000.000000
A-10  1000.000000   0.000000     6.664413     6.664413   0.000000   1000.000000
A-11   838.032766  23.444876     0.000000    23.444876   0.000000    814.587890
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    974.789282   0.895481     6.496400     7.391881   0.000000    973.893801
M-2    974.789273   0.895480     6.496401     7.391881   0.000000    973.893793
M-3    974.789293   0.895482     6.496400     7.391882   0.000000    973.893811
B-1    974.789254   0.895482     6.496395     7.391877   0.000000    973.893772
B-2    974.789279   0.895482     6.496389     7.391871   0.000000    973.893798
B-3    830.210032   0.762659     5.532869     6.295528   0.000000    829.447372

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:56                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S17 (POOL # 4160)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4160 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,117.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       845.22

SUBSERVICER ADVANCES THIS MONTH                                       49,013.87
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,092,311.61

 (B)  TWO MONTHLY PAYMENTS:                                    3     996,540.47

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2   1,195,518.21


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,051,247.90

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     138,636,434.29

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          579

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                    1,253,717.90

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.98958360 %     7.28611000 %    1.72430600 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.91088380 %     7.22978795 %    1.73936670 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3304 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,574,469.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,245,346.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.47434738
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.82

POOL TRADING FACTOR:                                                67.35391969


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


Run:        07/23/97     15:33:56                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     8.000000  %          0.00
A-2   760947CY5    21,457,000.00     1,444,297.07     8.000000  %  1,444,297.07
A-3   760947CZ2     8,555,000.00     8,555,000.00     8.000000  %  1,213,607.89
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     1,283,158.07     0.000000  %     42,324.11
A-8   760947DD0             0.00             0.00     0.369712  %          0.00
R     760947DE8       160,000.00        16,803.24     8.000000  %        529.98
M-1   760947DF5     4,067,400.00     3,969,327.02     8.000000  %      3,650.03
M-2   760947DG3     1,355,800.00     1,323,108.99     8.000000  %      1,216.68
M-3   760947DH1     1,694,700.00     1,653,837.46     8.000000  %      1,520.80
B-1                   611,000.00       596,267.60     8.000000  %        548.30
B-2                   474,500.00       463,058.88     8.000000  %        425.81
B-3                   610,170.76       524,518.16     8.000000  %        482.33

- -------------------------------------------------------------------------------
                  135,580,848.50    94,100,376.49                  2,708,603.00
===============================================================================
_______________________________________________________________________________
                                                                      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         9,612.84  1,453,909.91             0.00         0.00           0.00
A-3        56,939.68  1,270,547.57             0.00         0.00   7,341,392.11
A-4       324,606.10    324,606.10             0.00         0.00  48,771,000.00
A-5       103,163.65    103,163.65             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     42,324.11             0.00         0.00   1,240,833.96
A-8        28,944.09     28,944.09             0.00         0.00           0.00
R             111.84        641.82             0.00         0.00      16,273.26
M-1        26,418.73     30,068.76             0.00         0.00   3,965,676.99
M-2         8,806.25     10,022.93             0.00         0.00   1,321,892.31
M-3        11,007.48     12,528.28             0.00         0.00   1,652,316.66
B-1         3,968.59      4,516.89             0.00         0.00     595,719.30
B-2         3,081.99      3,507.80             0.00         0.00     462,633.07
B-3         3,491.05      3,973.38             0.00         0.00     524,035.83

- -------------------------------------------------------------------------------
          646,818.96  3,355,421.96             0.00         0.00  91,391,773.49
===============================================================================
_______________________________________________________________________________



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     67.311230  67.311230     0.448005    67.759235   0.000000      0.000000
A-3   1000.000000 141.859485     6.655719   148.515204   0.000000    858.140516
A-4   1000.000000   0.000000     6.655720     6.655720   0.000000   1000.000000
A-5   1000.000000   0.000000     6.655719     6.655719   0.000000   1000.000000
A-6   1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-7    940.540208  31.023089     0.000000    31.023089   0.000000    909.517119
R      105.020250   3.312375     0.699000     4.011375   0.000000    101.707875
M-1    975.888042   0.897387     6.495238     7.392625   0.000000    974.990655
M-2    975.888029   0.897389     6.495243     7.392632   0.000000    974.990640
M-3    975.888039   0.897386     6.495238     7.392624   0.000000    974.990653
B-1    975.888052   0.897381     6.495237     7.392618   0.000000    974.990671
B-2    975.888051   0.897387     6.495237     7.392624   0.000000    974.990664
B-3    859.625197   0.790484     5.721431     6.511915   0.000000    858.834714

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:57                                        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                       18,077.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       34,571.67
MASTER SERVICER ADVANCES THIS MONTH                                      543.59


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,142,874.95

 (B)  TWO MONTHLY PAYMENTS:                                    1     242,290.65

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     205,885.28


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        730,463.39

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      91,391,773.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          370

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                  63,327.20

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,621,912.52

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.80976760 %     7.48382000 %    1.70641250 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.54666070 %     7.59355650 %    1.75526530 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3727 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,033,867.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,662,750.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.55815863
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.76

POOL TRADING FACTOR:                                                67.40758337


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


Run:        07/23/97     15:33:57                                    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-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    38,367,135.82     7.877547  %    857,383.47
R     760947DP3           100.00             0.00     7.877547  %          0.00
M-1   760947DL2    12,120,000.00     6,172,222.47     7.877547  %    137,929.54
M-2   760947DM0     3,327,400.00     3,215,025.75     7.877547  %      2,634.51
M-3   760947DN8     2,139,000.00     2,066,760.87     7.877547  %      1,693.58
B-1                   951,000.00       918,882.47     7.877547  %        752.97
B-2                   142,700.00       137,880.69     7.877547  %        112.98
B-3                    95,100.00        91,888.24     7.877547  %         75.30
B-4                   950,747.29       459,153.20     7.877547  %        376.24

- -------------------------------------------------------------------------------
                   95,065,047.29    51,428,949.51                  1,000,958.59
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         251,738.69  1,109,122.16             0.00         0.00  37,509,752.35
R               0.00          0.00             0.00         0.00           0.00
M-1        40,497.87    178,427.41             0.00         0.00   6,034,292.93
M-2        21,094.78     23,729.29             0.00         0.00   3,212,391.24
M-3        13,560.65     15,254.23             0.00         0.00   2,065,067.29
B-1         6,029.08      6,782.05             0.00         0.00     918,129.50
B-2           904.67      1,017.65             0.00         0.00     137,767.71
B-3           602.91        678.21             0.00         0.00      91,812.94
B-4         3,012.65      3,388.89             0.00         0.00     458,776.96

- -------------------------------------------------------------------------------
          337,441.30  1,338,399.89             0.00         0.00  50,427,990.92
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      509.259956  11.380340     3.341413    14.721753   0.000000    497.879616
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    509.259280  11.380325     3.341408    14.721733   0.000000    497.878955
M-2    966.227610   0.791762     6.339719     7.131481   0.000000    965.435848
M-3    966.227616   0.791763     6.339715     7.131478   0.000000    965.435853
B-1    966.227624   0.791767     6.339727     7.131494   0.000000    965.435857
B-2    966.227680   0.791731     6.339664     7.131395   0.000000    965.435950
B-3    966.227550   0.791798     6.339748     7.131546   0.000000    965.435752
B-4    482.939268   0.395741     3.168718     3.564459   0.000000    482.543537

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:58                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S19 (POOL # 4162)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4162 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,533.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       510.02

SUBSERVICER ADVANCES THIS MONTH                                       30,470.43
MASTER SERVICER ADVANCES THIS MONTH                                    6,507.67


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,090,143.57

 (B)  TWO MONTHLY PAYMENTS:                                    2     427,108.05

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     589,485.85


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,091,118.36

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      50,427,990.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          317

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                 889,688.78

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      958,815.80

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         74.60221570 %    22.27152100 %    3.12626370 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            74.38280140 %    22.43149341 %    3.18570520 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              579,317.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     856,555.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.46294339
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              323.96

POOL TRADING FACTOR:                                                53.04577482


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


Run:        07/23/97     15:33:58                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    41,211,036.84     8.194684  %    983,546.94
M-1   760947DR9     2,949,000.00     2,729,244.74     8.194684  %     31,342.93
M-2   760947DS7     1,876,700.00     1,736,851.03     8.194684  %     19,946.18
R     760947DT5           100.00             0.00     8.194684  %          0.00
B-1                 1,072,500.00       992,578.87     8.194684  %     11,398.88
B-2                   375,400.00       347,425.72     8.194684  %      3,989.87
B-3                   965,295.81       806,852.54     8.194684  %      9,265.98

- -------------------------------------------------------------------------------
                  107,242,895.81    47,823,989.74                  1,059,490.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         281,376.66  1,264,923.60             0.00         0.00  40,227,489.90
M-1        18,634.47     49,977.40             0.00         0.00   2,697,901.81
M-2        11,858.70     31,804.88             0.00         0.00   1,716,904.85
R               0.00          0.00             0.00         0.00           0.00
B-1         6,777.03     18,175.91             0.00         0.00     981,179.99
B-2         2,372.12      6,361.99             0.00         0.00     343,435.85
B-3         5,508.95     14,774.93             0.00         0.00     797,586.56

- -------------------------------------------------------------------------------
          326,527.93  1,386,018.71             0.00         0.00  46,764,498.96
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      412.094297   9.835086     2.813657    12.648743   0.000000    402.259211
M-1    925.481431  10.628325     6.318911    16.947236   0.000000    914.853106
M-2    925.481446  10.628326     6.318911    16.947237   0.000000    914.853120
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    925.481464  10.628326     6.318909    16.947235   0.000000    914.853138
B-2    925.481406  10.628316     6.318913    16.947229   0.000000    914.853090
B-3    835.860398   9.599099     5.707007    15.306106   0.000000    826.261289

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:33:59                                        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                       11,058.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       542.88

SUBSERVICER ADVANCES THIS MONTH                                       18,847.66
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2   1,072,597.96

 (B)  TWO MONTHLY PAYMENTS:                                    1     455,207.03

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     148,807.12


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        781,261.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      46,764,498.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          204

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                    1,020,550.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.17231030 %     9.33861000 %    4.48907990 %
PREPAYMENT PERCENT           93.08615520 %     0.00000000 %    6.91384480 %
NEXT DISTRIBUTION            86.02142820 %     9.44050884 %    4.53806290 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              554,948.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,970,148.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.60591944
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              320.17

POOL TRADING FACTOR:                                                43.60615088


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


Run:        07/23/97     15:34:00                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    20,316,049.73     7.850000  %    287,796.96
A-2   760947EC1     6,468,543.00     3,386,008.36     9.250000  %     47,966.16
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    15,707,951.76     0.000000  %      1,016.26
A-8   760947EH0             0.00             0.00     0.459383  %          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     3,038,128.25     8.500000  %      2,182.43
M-2   760947EN7     1,860,998.00     1,822,877.14     8.500000  %      1,309.46
M-3   760947EP2     1,550,831.00     1,519,063.66     8.500000  %      1,091.21
B-1   760947EQ0       558,299.00       546,862.75     8.500000  %        392.84
B-2   760947ER8       248,133.00       243,050.22     8.500000  %        174.59
B-3                   124,066.00       121,524.62     8.500000  %         87.30
B-4                   620,337.16       583,287.21     8.500000  %        419.00

- -------------------------------------------------------------------------------
                  124,066,559.16    56,016,803.70                    342,436.21
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       132,887.24    420,684.20             0.00         0.00  20,028,252.77
A-2        26,097.81     74,063.97             0.00         0.00   3,338,042.20
A-3        60,026.36     60,026.36             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       121,441.94    122,458.20             0.00         0.00  15,706,935.50
A-8        16,081.60     16,081.60             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        21,517.88     23,700.31             0.00         0.00   3,035,945.82
M-2        12,910.73     14,220.19             0.00         0.00   1,821,567.68
M-3        10,758.93     11,850.14             0.00         0.00   1,517,972.45
B-1         3,873.21      4,266.05             0.00         0.00     546,469.91
B-2         1,721.43      1,896.02             0.00         0.00     242,875.63
B-3           860.71        948.01             0.00         0.00     121,437.32
B-4         4,131.20      4,550.20             0.00         0.00     582,868.21

- -------------------------------------------------------------------------------
          412,309.04    754,745.25             0.00         0.00  55,674,367.49
===============================================================================















































Run:        07/23/97     15:34:00
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    523.457659   7.415296     3.423935    10.839231   0.000000    516.042363
A-2    523.457657   7.415296     4.034573    11.449869   0.000000    516.042361
A-3   1000.000000   0.000000     6.874297     6.874297   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    343.372201   0.022215     2.654693     2.676908   0.000000    343.349986
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    979.515908   0.703632     6.937530     7.641162   0.000000    978.812276
M-2    979.515905   0.703633     6.937530     7.641163   0.000000    978.812272
M-3    979.515924   0.703629     6.937526     7.641155   0.000000    978.812295
B-1    979.515905   0.703637     6.937519     7.641156   0.000000    978.812267
B-2    979.515905   0.703615     6.937529     7.641144   0.000000    978.812290
B-3    979.515903   0.703658     6.937517     7.641175   0.000000    978.812245
B-4    940.274495   0.675407     6.659604     7.335011   0.000000    939.599056

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:00                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S1 (POOL # 4164)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4164 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,470.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,344.87

SUBSERVICER ADVANCES THIS MONTH                                       30,329.78
MASTER SERVICER ADVANCES THIS MONTH                                    1,660.30


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,664,753.46

 (B)  TWO MONTHLY PAYMENTS:                                    2     763,629.15

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,247,773.64

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      55,674,367.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          217

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                 241,160.55

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      301,983.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.73067030 %    11.56085000 %    2.70847990 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.65215600 %    11.45138461 %    2.72338280 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4576 %

      BANKRUPTCY AMOUNT AVAILABLE                         106,745.00
      FRAUD AMOUNT AVAILABLE                              601,090.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,932,805.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.14188844
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              322.95

POOL TRADING FACTOR:                                                44.87459624


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


Run:        07/23/97     15:34:01                                    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   118,611,867.57     8.206593  %  4,315,880.09
R     760947EA5           100.00             0.00     8.206593  %          0.00
B-1                 4,660,688.00     4,520,535.87     8.206593  %     32,885.96
B-2                 2,330,345.00     2,260,268.92     8.206593  %     16,442.99
B-3                 2,330,343.10     1,841,383.26     8.206593  %     13,395.68

- -------------------------------------------------------------------------------
                  310,712,520.10   127,234,055.62                  4,378,604.72
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         811,023.81  5,126,903.90             0.00         0.00 114,295,987.48
R               0.00          0.00             0.00         0.00           0.00
B-1        30,909.74     63,795.70             0.00         0.00   4,487,649.91
B-2        15,454.88     31,897.87             0.00         0.00   2,243,825.93
B-3        12,590.69     25,986.37             0.00         0.00   1,785,604.05

- -------------------------------------------------------------------------------
          869,979.12  5,248,583.84             0.00         0.00 122,813,067.37
===============================================================================












Run:        07/23/97     15:34:01
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      393.548083  14.319868     2.690935    17.010803   0.000000    379.228215
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    969.928875   7.056031     6.632012    13.688043   0.000000    962.872844
B-2    969.928882   7.056032     6.632014    13.688046   0.000000    962.872849
B-3    790.176889   5.748372     5.402934    11.151306   0.000000    766.240838

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:01                                        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                       30,619.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       72,486.30
MASTER SERVICER ADVANCES THIS MONTH                                    8,205.43


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   4,447,718.12

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5   1,077,353.59


FORECLOSURES
  NUMBER OF LOANS                                                            14
  AGGREGATE PRINCIPAL BALANCE                                      3,984,167.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     122,813,067.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          537

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               1,075,567.71

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,215,049.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      633,499.19

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          93.22336460 %     6.77663540 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             93.06500520 %     6.93499480 %

      BANKRUPTCY AMOUNT AVAILABLE                         126,700.00
      FRAUD AMOUNT AVAILABLE                            1,411,911.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,945,612.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.77953490
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.88

POOL TRADING FACTOR:                                                39.52626928


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


Run:        07/23/97     15:34:02                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     8,155,520.44     7.650000  %    410,451.92
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    16,679,885.90     0.000000  %        529.14
A-8   760947FL0             0.00             0.00     8.500000  %          0.00
A-9   760947FM8             0.00             0.00     0.455530  %          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     4,649,317.71     8.500000  %      3,449.44
M-2   760947FT3     2,834,750.00     2,789,591.40     8.500000  %      2,069.67
M-3   760947FU0     2,362,291.00     2,324,658.81     8.500000  %      1,724.72
B-1   760947FV8       944,916.00       929,863.16     8.500000  %        689.89
B-2   760947FW6       566,950.00       557,918.28     8.500000  %        413.93
B-3                   377,967.00       371,945.83     8.500000  %        275.96
B-4                   944,921.62       929,868.63     8.500000  %        689.90

- -------------------------------------------------------------------------------
                  188,983,349.15    87,051,570.16                    420,294.57
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        51,981.25    462,433.17             0.00         0.00   7,745,068.52
A-2       265,888.64    265,888.64             0.00         0.00  40,142,000.00
A-3        64,254.16     64,254.16             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       125,521.18    126,050.32             0.00         0.00  16,679,356.76
A-8        20,807.09     20,807.09             0.00         0.00           0.00
A-9        28,413.54     28,413.54             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        32,926.22     36,375.66             0.00         0.00   4,645,868.27
M-2        19,755.74     21,825.41             0.00         0.00   2,787,521.73
M-3        16,463.10     18,187.82             0.00         0.00   2,322,934.09
B-1         6,585.24      7,275.13             0.00         0.00     929,173.27
B-2         3,951.15      4,365.08             0.00         0.00     557,504.35
B-3         2,634.10      2,910.06             0.00         0.00     371,669.87
B-4         6,585.28      7,275.18             0.00         0.00     929,178.73

- -------------------------------------------------------------------------------
          645,766.69  1,066,061.26             0.00         0.00  86,631,275.59
===============================================================================













































Run:        07/23/97     15:34:02
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    234.328448  11.793308     1.493551    13.286859   0.000000    222.535140
A-2   1000.000000   0.000000     6.623702     6.623702   0.000000   1000.000000
A-3   1000.000000   0.000000     6.748678     6.748678   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    259.066452   0.008218     1.949553     1.957771   0.000000    259.058234
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    984.069640   0.730105     6.969129     7.699234   0.000000    983.339536
M-2    984.069636   0.730107     6.969130     7.699237   0.000000    983.339529
M-3    984.069621   0.730105     6.969124     7.699229   0.000000    983.339517
B-1    984.069653   0.730107     6.969127     7.699234   0.000000    983.339546
B-2    984.069636   0.730100     6.969133     7.699233   0.000000    983.339536
B-3    984.069588   0.730117     6.969127     7.699244   0.000000    983.339471
B-4    984.069589   0.730103     6.969128     7.699231   0.000000    983.339475

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:03                                        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                       18,219.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,791.56

SUBSERVICER ADVANCES THIS MONTH                                       29,350.13
MASTER SERVICER ADVANCES THIS MONTH                                    2,989.18


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,369,213.36

 (B)  TWO MONTHLY PAYMENTS:                                    1      92,793.02

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     242,504.31


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      1,859,382.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      86,631,275.59

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          339

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                 352,487.12

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      355,616.65

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.49097360 %    11.28479400 %    3.22423260 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.43105440 %    11.26189592 %    3.23754800 %
CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4539 %

      BANKRUPTCY AMOUNT AVAILABLE                         134,050.00
      FRAUD AMOUNT AVAILABLE                              896,130.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,315,932.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.20269837
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              320.79

POOL TRADING FACTOR:                                                45.84069230


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


Run:        07/23/97     15:34:03                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     9,312,461.56     8.000000  %    258,006.32
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       871,320.70     0.000000  %      5,028.43
A-6   760947EZ0             0.00             0.00     0.364238  %          0.00
R     760947FA4           100.00             0.00     8.000000  %          0.00
M-1   760947FB2     1,575,400.00     1,438,209.77     8.000000  %      5,931.51
M-2   760947FC0       525,100.00       479,372.83     8.000000  %      1,977.05
M-3   760947FD8       525,100.00       479,372.83     8.000000  %      1,977.05
B-1                   630,100.00       575,229.15     8.000000  %      2,372.38
B-2                   315,000.00       287,568.92     8.000000  %      1,186.00
B-3                   367,575.59       198,867.44     8.000000  %        820.16

- -------------------------------------------------------------------------------
                  105,020,175.63    59,312,718.20                    277,298.90
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        62,050.04    320,056.36             0.00         0.00   9,054,455.24
A-2       121,601.91    121,601.91             0.00         0.00  18,250,000.00
A-3        44,136.50     44,136.50             0.00         0.00   6,624,000.00
A-4       138,568.31    138,568.31             0.00         0.00  20,796,315.00
A-5             0.00      5,028.43             0.00         0.00     866,292.27
A-6        17,993.68     17,993.68             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         9,582.97     15,514.48             0.00         0.00   1,432,278.26
M-2         3,194.12      5,171.17             0.00         0.00     477,395.78
M-3         3,194.12      5,171.17             0.00         0.00     477,395.78
B-1         3,832.82      6,205.20             0.00         0.00     572,856.77
B-2         1,916.11      3,102.11             0.00         0.00     286,382.92
B-3         1,325.05      2,145.21             0.00         0.00     198,047.28

- -------------------------------------------------------------------------------
          407,395.63    684,694.53             0.00         0.00  59,035,419.30
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    171.310919   4.746253     1.141465     5.887718   0.000000    166.564666
A-2   1000.000000   0.000000     6.663118     6.663118   0.000000   1000.000000
A-3   1000.000000   0.000000     6.663119     6.663119   0.000000   1000.000000
A-4   1000.000000   0.000000     6.663118     6.663118   0.000000   1000.000000
A-5    828.657248   4.782217     0.000000     4.782217   0.000000    823.875031
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    912.917208   3.765082     6.082881     9.847963   0.000000    909.152126
M-2    912.917216   3.765092     6.082879     9.847971   0.000000    909.152123
M-3    912.917216   3.765092     6.082879     9.847971   0.000000    909.152123
B-1    912.917235   3.765085     6.082876     9.847961   0.000000    909.152151
B-2    912.917206   3.765079     6.082889     9.847968   0.000000    909.152127
B-3    541.024609   2.231215     3.604891     5.836106   0.000000    538.793340

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:04                                        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                       12,848.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,499.83

SUBSERVICER ADVANCES THIS MONTH                                        7,564.53
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     498,131.50

 (B)  TWO MONTHLY PAYMENTS:                                    1     205,978.93

 (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                                                      59,035,419.30

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          299

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                       31,940.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.08189900 %     1.81663300 %    4.10146840 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.07872020 %     1.79093667 %    4.10367140 %
CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3644 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              606,443.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     525,100.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.57349061
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              142.28

POOL TRADING FACTOR:                                                56.21340752


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


Run:        07/23/97     15:34:04                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    43,356,737.13     8.106868  %    405,960.98
R     760947GA3           100.00             0.00     8.106868  %          0.00
M-1   760947GB1    16,170,335.00     7,316,449.80     8.106868  %     68,505.92
M-2   760947GC9     3,892,859.00     3,747,695.47     8.106868  %      4,339.09
M-3   760947GD7     1,796,704.00     1,729,705.45     8.106868  %      2,002.66
B-1                 1,078,022.00     1,037,822.89     8.106868  %      1,201.59
B-2                   299,451.00       288,284.57     8.106868  %        333.78
B-3                   718,681.74       413,581.94     8.106868  %        478.85

- -------------------------------------------------------------------------------
                  119,780,254.74    57,890,277.25                    482,822.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         292,809.46    698,770.44             0.00         0.00  42,950,776.15
R               0.00          0.00             0.00         0.00           0.00
M-1        49,411.60    117,917.52             0.00         0.00   7,247,943.88
M-2        25,310.03     29,649.12             0.00         0.00   3,743,356.38
M-3        11,681.55     13,684.21             0.00         0.00   1,727,702.79
B-1         7,008.93      8,210.52             0.00         0.00   1,036,621.30
B-2         1,946.93      2,280.71             0.00         0.00     287,950.79
B-3         2,793.13      3,271.98             0.00         0.00     413,103.09

- -------------------------------------------------------------------------------
          390,961.63    873,784.50             0.00         0.00  57,407,454.38
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      452.461711   4.236523     3.055697     7.292220   0.000000    448.225188
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    452.461238   4.236518     3.055694     7.292212   0.000000    448.224720
M-2    962.710304   1.114628     6.501656     7.616284   0.000000    961.595676
M-3    962.710302   1.114630     6.501655     7.616285   0.000000    961.595672
B-1    962.710306   1.114625     6.501658     7.616283   0.000000    961.595682
B-2    962.710327   1.114640     6.501665     7.616305   0.000000    961.595687
B-3    575.473004   0.666289     3.886463     4.552752   0.000000    574.806715

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:05                                        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                       17,835.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,745.76

SUBSERVICER ADVANCES THIS MONTH                                       12,071.03
MASTER SERVICER ADVANCES THIS MONTH                                    3,500.86


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10     824,069.12

 (B)  TWO MONTHLY PAYMENTS:                                    1     208,665.73

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     220,991.99


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        299,369.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      57,407,454.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          594

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                 464,499.30

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      415,797.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         74.89467870 %    22.10017200 %    3.00514950 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            74.81741980 %    22.15566460 %    3.02691560 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,223,484.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,246,683.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.57145443
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.10

POOL TRADING FACTOR:                                                47.92731031


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


Run:        07/23/97     15:35:38                                    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    45,476,234.64     8.068907  %  1,392,211.92
II A  760947GF2   199,529,000.00    85,986,360.39     7.747944  %  3,199,764.32
III   760947GG0   151,831,000.00    87,405,556.39     7.330776  %  4,434,632.32
R     760947GL9         1,000.00           483.45     8.068907  %         14.80
I M   760947GH8    10,069,000.00     9,615,792.05     8.068907  %     18,206.30
II M  760947GJ4    21,982,000.00    20,947,208.83     7.747944  %     38,625.09
III   760947GK1    12,966,000.00    12,152,609.85     7.330776  %     33,213.61
I B                 1,855,785.84     1,772,256.51     8.068907  %      3,355.55
II B                3,946,359.39     3,760,586.60     7.747944  %      6,934.24
III                 2,509,923.08     2,352,469.23     7.330776  %      6,429.40

- -------------------------------------------------------------------------------
                  498,755,068.31   269,469,557.94                  9,133,387.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
I A       305,606.73  1,697,818.65             0.00         0.00  44,084,022.72
II A      554,850.02  3,754,614.34             0.00         0.00  82,786,596.07
III A     533,611.03  4,968,243.35             0.00         0.00  82,970,924.07
R               3.25         18.05             0.00         0.00         468.65
I M        64,619.48     82,825.78             0.00         0.00   9,597,585.75
II M      135,167.47    173,792.56             0.00         0.00  20,908,583.74
III M      74,191.69    107,405.30             0.00         0.00  12,119,396.24
I B        11,909.81     15,265.36             0.00         0.00   1,768,900.96
II B       24,266.19     31,200.43             0.00         0.00   3,753,652.36
III B      14,361.83     20,791.23             0.00         0.00   2,346,039.83

- -------------------------------------------------------------------------------
        1,718,587.50 10,851,975.05             0.00         0.00 260,336,170.39
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
I A    483.455426  14.800531     3.248889    18.049420   0.000000    468.654895
II A   430.946681  16.036588     2.780799    18.817387   0.000000    414.910094
III    575.676617  29.207687     3.514506    32.722193   0.000000    546.468930
R      483.450000  14.800000     3.250000    18.050000   0.000000    468.650000
I M    954.989776   1.808154     6.417666     8.225820   0.000000    953.181622
II M   952.925522   1.757124     6.149007     7.906131   0.000000    951.168399
III    937.267457   2.561592     5.722018     8.283610   0.000000    934.705865
I B    954.989779   1.808154     6.417664     8.225818   0.000000    953.181625
II B   952.925527   1.757124     6.149007     7.906131   0.000000    951.168403
III    937.267460   2.561592     5.722020     8.283612   0.000000    934.705868

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:38                                        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                       55,176.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       51,541.65
MASTER SERVICER ADVANCES THIS MONTH                                      890.93


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    64   4,780,775.32

 (B)  TWO MONTHLY PAYMENTS:                                    7     343,939.62

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     241,577.96


FORECLOSURES
  NUMBER OF LOANS                                                            10
  AGGREGATE PRINCIPAL BALANCE                                        932,566.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     260,336,170.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        3,115

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                  80,567.05

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    8,543,083.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         81.22202620 %    15.85173900 %    2.92623490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.60424770 %    16.37327831 %    3.02247400 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.04077500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              261.05

POOL TRADING FACTOR:                                                52.19719797


Run:     07/23/97     15:35:38                                        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                       11,691.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       13,169.11
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   1,219,360.76

 (B)  TWO MONTHLY PAYMENTS:                                    1      46,011.29

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      46,679.89


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        230,625.74

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      55,450,978.08

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          818

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                    1,306,122.23

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         79.97345420 %    16.90993000 %    3.11661620 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    17.30823528 %    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                          8.45717771
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              266.42

POOL TRADING FACTOR:                                                52.31679116


Run:     07/23/97     15:35:39                                        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 10023
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,726.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       21,919.68
MASTER SERVICER ADVANCES THIS MONTH                                      890.93


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    21   1,855,613.42

 (B)  TWO MONTHLY PAYMENTS:                                    3     157,869.27

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     194,898.07


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                        544,579.72

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     107,448,832.17

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,170

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                  80,567.05

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,041,211.89

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.67922320 %    18.92350000 %    3.39727660 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    19.45910748 %    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                          8.13058168
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              272.80

POOL TRADING FACTOR:                                                47.65816138


Run:     07/23/97     15:35:39                                        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 10023
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       20,758.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       16,452.86
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    24   1,705,801.14

 (B)  TWO MONTHLY PAYMENTS:                                    3     140,059.06

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        157,361.23

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      97,436,360.14

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,127

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                    4,195,749.16

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.76686430 %    11.92477100 %    2.30836480 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    12.43826865 %    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                          7.70476488
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              245.03

POOL TRADING FACTOR:                                                58.23809221

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


Run:        07/23/97     15:34:05                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     8.250000  %          0.00
A-2   760947HC8    10,286,000.00             0.00     7.750000  %          0.00
A-3   760947HD6    25,078,000.00             0.00     8.000000  %          0.00
A-4   760947HE4     1,719,000.00             0.00     8.000000  %          0.00
A-5   760947HF1    22,300,000.00    16,418,922.47     8.000000  %  1,041,601.00
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       484,127.36     0.000000  %      3,516.03
R-I   760947HM6         1,000.00             0.00     8.000000  %          0.00
R-II  760947HN4         1,000.00             0.00     8.000000  %          0.00
M-1   760947HP9     1,574,800.00     1,452,866.52     8.000000  %      5,641.35
M-2   760947HQ7     1,049,900.00       968,608.42     8.000000  %      3,761.02
M-3   760947HR5       892,400.00       823,303.31     8.000000  %      3,196.81
B-1                   209,800.00       193,555.63     8.000000  %        751.56
B-2                   367,400.00       338,952.97     8.000000  %      1,316.12
B-3                   367,731.33       339,258.68     8.000000  %      1,317.31
SPRE                        0.00             0.00     0.397259  %          0.00

- -------------------------------------------------------------------------------
                  104,981,638.99    51,299,595.36                  1,061,101.20
===============================================================================
_______________________________________________________________________________
                                                                      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       109,258.33  1,150,859.33             0.00         0.00  15,377,321.47
A-6       105,123.13    105,123.13             0.00         0.00  17,800,000.00
A-7        34,037.34     34,037.34             0.00         0.00   5,280,000.00
A-8        46,414.55     46,414.55             0.00         0.00   7,200,000.00
A-9        15,920.69     15,920.69             0.00         0.00           0.00
A-10            0.00      3,516.03             0.00         0.00     480,611.33
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         9,667.98     15,309.33             0.00         0.00   1,447,225.17
M-2         6,445.52     10,206.54             0.00         0.00     964,847.40
M-3         5,478.60      8,675.41             0.00         0.00     820,106.50
B-1         1,288.00      2,039.56             0.00         0.00     192,804.07
B-2         2,255.54      3,571.66             0.00         0.00     337,636.85
B-3         2,257.56      3,574.87             0.00         0.00     337,941.37
SPRED      16,821.60     16,821.60             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          354,968.84  1,416,070.04             0.00         0.00  50,238,494.16
===============================================================================











































Run:        07/23/97     15:34:05
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      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    736.274550  46.708565     4.899477    51.608042   0.000000    689.565985
A-6   1000.000000   0.000000     5.905794     5.905794   0.000000   1000.000000
A-7   1000.000000   0.000000     6.446466     6.446466   0.000000   1000.000000
A-8   1000.000000   0.000000     6.446465     6.446465   0.000000   1000.000000
A-10   849.931267   6.172722     0.000000     6.172722   0.000000    843.758544
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    922.572085   3.582264     6.139180     9.721444   0.000000    918.989821
M-2    922.572074   3.582265     6.139175     9.721440   0.000000    918.989809
M-3    922.572064   3.582261     6.139175     9.721436   0.000000    918.989803
B-1    922.572116   3.582269     6.139180     9.721449   0.000000    918.989848
B-2    922.572047   3.582254     6.139194     9.721448   0.000000    918.989793
B-3    922.572140   3.582262     6.139156     9.721418   0.000000    918.989878

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:06                                        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                       10,594.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       871.00

SPREAD                                                                16,821.60

SUBSERVICER ADVANCES THIS MONTH                                        5,286.74
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     202,355.65

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        280,425.14

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      50,238,494.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          208

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                      861,584.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.89903060 %     6.38541400 %    1.71555500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.75897140 %     6.43367028 %    1.74521550 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              517,501.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,865,170.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.63073734
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              146.67

POOL TRADING FACTOR:                                                47.85455309


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


Run:        07/23/97     15:34:07                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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             0.00     7.650000  %          0.00
A-2   760947GP0    20,646,342.00    18,312,196.51     8.000000  %  2,281,607.67
A-3   760947GQ8    10,027,461.00     4,255,777.10     8.000000  %    291,459.56
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     0.837194  %          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     2,749,237.40     8.000000  %      8,175.66
M-2   760947GY1     1,277,000.00     1,249,653.36     8.000000  %      3,716.21
M-3   760947GZ8     1,277,000.00     1,249,653.36     8.000000  %      3,716.21
B-1                   613,000.00       599,872.75     8.000000  %      1,783.90
B-2                   408,600.00       399,849.93     8.000000  %      1,189.07
B-3                   510,571.55       476,967.46     8.000000  %      1,418.40

- -------------------------------------------------------------------------------
                  102,156,471.55    51,032,475.87                  2,593,066.68
===============================================================================
_______________________________________________________________________________
                                                                      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       119,654.85  2,401,262.52             0.00         0.00  16,030,588.84
A-3        27,807.94    319,267.50             0.00         0.00   3,964,317.54
A-4       142,047.89    142,047.89             0.00         0.00  21,739,268.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6        34,895.75     34,895.75             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        17,963.96     26,139.62             0.00         0.00   2,741,061.74
M-2         8,165.43     11,881.64             0.00         0.00   1,245,937.15
M-3         8,165.43     11,881.64             0.00         0.00   1,245,937.15
B-1         3,919.66      5,703.56             0.00         0.00     598,088.85
B-2         2,612.69      3,801.76             0.00         0.00     398,660.86
B-3         3,116.58      4,534.98             0.00         0.00     460,222.52

- -------------------------------------------------------------------------------
          368,350.18  2,961,416.86             0.00         0.00  48,424,082.65
===============================================================================
_______________________________________________________________________________



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    886.946293 110.509051     5.795450   116.304501   0.000000    776.437242
A-3    424.412232  29.066137     2.773179    31.839316   0.000000    395.346094
A-4   1000.000000   0.000000     6.534162     6.534162   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    978.585250   2.910109     6.394234     9.304343   0.000000    975.675141
M-2    978.585247   2.910110     6.394229     9.304339   0.000000    975.675137
M-3    978.585247   2.910110     6.394229     9.304339   0.000000    975.675137
B-1    978.585237   2.910114     6.394225     9.304339   0.000000    975.675122
B-2    978.585242   2.910108     6.394249     9.304357   0.000000    975.675135
B-3    934.183387   2.778063     6.104100     8.882163   0.000000    901.386926

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:07                                        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                       11,010.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       17,441.30
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,243,592.70

 (B)  TWO MONTHLY PAYMENTS:                                    1     266,579.24

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        597,028.24

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      48,424,082.65

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          201

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                    2,340,332.27

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.82165790 %    10.28471400 %    2.89362830 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.18474960 %    10.80647429 %    3.00877610 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.8315 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              528,976.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,973,360.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.15566723
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              320.04

POOL TRADING FACTOR:                                                47.40187471


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


Run:        07/23/97     15:34:08                                    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    15,160,986.80     6.600000  %    569,376.57
A-2   760947HT1    23,921,333.00    18,569,990.87     7.000000  %    379,584.38
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     5,005,218.61     8.000000  %    314,096.32
A-9   760947JF9    63,512,857.35    24,444,465.22     0.000000  %    148,403.10
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     0.480147  %          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     5,404,299.86     8.000000  %      4,158.17
M-2   760947JH5     2,499,831.00     2,456,500.03     8.000000  %      1,890.08
M-3   760947JJ1     2,499,831.00     2,456,500.03     8.000000  %      1,890.08
B-1   760947JK8       799,945.00       786,079.10     8.000000  %        604.82
B-2   760947JL6       699,952.00       687,819.34     8.000000  %        529.22
B-3                   999,934.64       672,343.90     8.000000  %        517.31

- -------------------------------------------------------------------------------
                  199,986,492.99   117,154,203.76                  1,421,050.05
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        83,372.00    652,748.57             0.00         0.00  14,591,610.23
A-2       108,307.50    487,891.88             0.00         0.00  18,190,406.49
A-3        70,863.41     70,863.41             0.00         0.00  12,694,000.00
A-4        73,461.25     73,461.25             0.00         0.00  12,686,000.00
A-5        56,015.90     56,015.90             0.00         0.00   9,469,000.00
A-6        40,237.06     40,237.06             0.00         0.00   6,661,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        33,362.75    347,459.07             0.00         0.00   4,691,122.29
A-9       173,841.52    322,244.62             0.00         0.00  24,296,062.12
A-10            0.00          0.00             0.00         0.00           0.00
A-11       57,042.70     57,042.70             0.00         0.00           0.00
A-12       46,868.43     46,868.43             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        36,022.87     40,181.04             0.00         0.00   5,400,141.69
M-2        16,374.03     18,264.11             0.00         0.00   2,454,609.95
M-3        16,374.03     18,264.11             0.00         0.00   2,454,609.95
B-1         5,239.69      5,844.51             0.00         0.00     785,474.28
B-2         4,584.72      5,113.94             0.00         0.00     687,290.12
B-3         4,481.57      4,998.88             0.00         0.00     671,826.59

- -------------------------------------------------------------------------------
          826,449.43  2,247,499.48             0.00         0.00 115,733,153.71
===============================================================================







































Run:        07/23/97     15:34:08
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    653.828998  24.554794     3.595480    28.150274   0.000000    629.274204
A-2    776.294150  15.868028     4.527653    20.395681   0.000000    760.426122
A-3   1000.000000   0.000000     5.582433     5.582433   0.000000   1000.000000
A-4   1000.000000   0.000000     5.790734     5.790734   0.000000   1000.000000
A-5   1000.000000   0.000000     5.915714     5.915714   0.000000   1000.000000
A-6   1000.000000   0.000000     6.040694     6.040694   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    267.801959  16.805582     1.785059    18.590641   0.000000    250.996377
A-9    384.874280   2.336584     2.737108     5.073692   0.000000    382.537696
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    982.666439   0.756082     6.550056     7.306138   0.000000    981.910357
M-2    982.666440   0.756083     6.550055     7.306138   0.000000    981.910357
M-3    982.666440   0.756083     6.550055     7.306138   0.000000    981.910357
B-1    982.666433   0.756077     6.550063     7.306140   0.000000    981.910356
B-2    982.666440   0.756080     6.550049     7.306129   0.000000    981.910360
B-3    672.387847   0.517324     4.481863     4.999187   0.000000    671.870503

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:09                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S9 (POOL # 4172)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4172 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,226.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,783.63

SUBSERVICER ADVANCES THIS MONTH                                       19,979.75
MASTER SERVICER ADVANCES THIS MONTH                                    2,357.20


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,641,204.71

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        884,411.55

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     115,733,153.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          400

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                 310,784.32

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,330,895.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.34339080 %     8.82152400 %    1.83508550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.22063710 %     8.90787234 %    1.85622390 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4795 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,169,184.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,972,001.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.76724320
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              326.51

POOL TRADING FACTOR:                                                57.87048514


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


Run:        07/23/97     15:34:10                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    37,300,706.91     6.600000  %  1,326,477.34
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    29,828,456.98     7.200000  %  1,050,403.62
A-5   760947JR3     6,989,000.00             0.00     7.500000  %          0.00
A-6   760947KB6    72,376,561.40    60,758,120.56     7.500000  %    139,467.33
A-7   760947JS1     5,000,000.00     4,197,361.66     7.500000  %      9,634.84
A-8   760947JT9     8,040,000.00             0.00     7.500000  %          0.00
A-9   760947JU6       142,330.60       135,925.46     0.000000  %        197.64
A-10  760947JV4             0.00             0.00     0.595654  %          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     5,674,259.26     7.500000  %      4,580.62
M-2   760947JZ5     2,883,900.00     2,837,129.61     7.500000  %      2,290.31
M-3   760947KA8     2,883,900.00     2,837,129.61     7.500000  %      2,290.31
B-1                   922,800.00       907,834.26     7.500000  %        732.86
B-2                   807,500.00       794,404.18     7.500000  %        641.29
B-3                 1,153,493.52     1,024,793.93     7.500000  %        827.28

- -------------------------------------------------------------------------------
                  230,710,285.52   167,752,122.42                  2,537,543.44
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       205,072.94  1,531,550.28             0.00         0.00  35,974,229.57
A-2        42,429.25     42,429.25             0.00         0.00   8,936,000.00
A-3        78,219.12     78,219.12             0.00         0.00  12,520,000.00
A-4       178,900.12  1,229,303.74             0.00         0.00  28,778,053.36
A-5             0.00          0.00             0.00         0.00           0.00
A-6       425,251.22    564,718.55             0.00         0.00  60,618,653.23
A-7        29,377.71     39,012.55             0.00         0.00   4,187,726.82
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00        197.64             0.00         0.00     135,727.82
A-10       83,235.72     83,235.72             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        35,450.13     40,030.75             0.00         0.00   5,669,678.64
M-2        17,725.06     20,015.37             0.00         0.00   2,834,839.30
M-3        17,725.06     20,015.37             0.00         0.00   2,834,839.30
B-1         5,671.72      6,404.58             0.00         0.00     907,101.40
B-2         4,963.07      5,604.36             0.00         0.00     793,762.89
B-3         6,402.43      7,229.71             0.00         0.00   1,023,966.65

- -------------------------------------------------------------------------------
        1,130,423.55  3,667,966.99             0.00         0.00 165,214,578.98
===============================================================================













































Run:        07/23/97     15:34:10
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    670.854305  23.856734     3.688243    27.544977   0.000000    646.997572
A-2   1000.000000   0.000000     4.748126     4.748126   0.000000   1000.000000
A-3    597.043395   0.000000     3.730049     3.730049   0.000000    597.043395
A-4    780.134876  27.472306     4.678962    32.151268   0.000000    752.662570
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    839.472329   1.926968     5.875538     7.802506   0.000000    837.545361
A-7    839.472332   1.926968     5.875542     7.802510   0.000000    837.545364
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    954.998152   1.388598     0.000000     1.388598   0.000000    953.609554
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    983.782250   0.794171     6.146213     6.940384   0.000000    982.988079
M-2    983.782243   0.794171     6.146212     6.940383   0.000000    982.988072
M-3    983.782243   0.794171     6.146212     6.940383   0.000000    982.988072
B-1    983.782250   0.794170     6.146207     6.940377   0.000000    982.988080
B-2    983.782266   0.794167     6.146217     6.940384   0.000000    982.988099
B-3    888.426257   0.717195     5.550469     6.267664   0.000000    887.709061

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:11                                        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                       33,590.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       58,661.17
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   4,800,237.50

 (B)  TWO MONTHLY PAYMENTS:                                    2     467,210.21

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     269,279.76


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,189,503.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     165,214,578.98

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          568

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                    2,402,094.87

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.60251150 %     6.77053800 %    1.62695040 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.48032100 %     6.86341200 %    1.65062390 %
CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5933 %

      BANKRUPTCY AMOUNT AVAILABLE                         128,249.00
      FRAUD AMOUNT AVAILABLE                            1,872,430.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,505,945.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.38982731
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              327.12

POOL TRADING FACTOR:                                                71.61127585


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


Run:        07/23/97     15:34:12                                    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             0.00     7.650000  %          0.00
A-2   760947KQ3   105,000,000.00    62,175,535.05     7.500000  %  1,632,703.63
A-3   760947KR1    47,939,000.00    28,386,980.73     7.250000  %    745,430.28
A-4   760947KS9    27,875,000.00    16,506,124.17     7.650000  %    433,443.94
A-5   760947KT7    30,655,000.00    26,801,257.18     7.650000  %    577,743.84
A-6   760947KU4    20,568,000.00    14,504,055.79     7.650000  %    231,190.83
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    32,296,634.84     7.500000  %     25,926.10
A-17  760947LF6     1,348,796.17     1,153,391.52     0.000000  %      4,830.12
A-18  760947LG4             0.00             0.00     0.468450  %          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    11,136,726.60     7.500000  %      8,940.00
M-2   760947LL3     5,670,200.00     5,568,412.43     7.500000  %      4,470.04
M-3   760947LM1     4,536,100.00     4,454,671.00     7.500000  %      3,575.98
B-1                 2,041,300.00     2,004,655.96     7.500000  %      1,609.24
B-2                 1,587,600.00     1,559,100.50     7.500000  %      1,251.57
B-3                 2,041,838.57     1,793,495.69     7.500000  %      1,439.73

- -------------------------------------------------------------------------------
                  453,612,334.74   357,163,041.46                  3,672,555.30
===============================================================================
_______________________________________________________________________________
                                                                      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       388,470.73  2,021,174.36             0.00         0.00  60,542,831.42
A-3       171,448.91    916,879.19             0.00         0.00  27,641,550.45
A-4       105,192.32    538,636.26             0.00         0.00  16,072,680.23
A-5       170,802.45    748,546.29             0.00         0.00  26,223,513.34
A-6        92,433.29    323,624.12             0.00         0.00  14,272,864.96
A-7        31,250.00     31,250.00             0.00         0.00   5,000,000.00
A-8        13,383.15     13,383.15             0.00         0.00   2,100,000.00
A-9        79,524.13     79,524.13             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      624,796.77    624,796.77             0.00         0.00 100,000,000.00
A-16      201,788.33    227,714.43             0.00         0.00  32,270,708.74
A-17            0.00      4,830.12             0.00         0.00   1,148,561.40
A-18      139,382.24    139,382.24             0.00         0.00           0.00
A-19       59,355.69     59,355.69             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        69,581.91     78,521.91             0.00         0.00  11,127,786.60
M-2        34,791.26     39,261.30             0.00         0.00   5,563,942.39
M-3        27,832.64     31,408.62             0.00         0.00   4,451,095.02
B-1        12,525.03     14,134.27             0.00         0.00   2,003,046.72
B-2         9,741.21     10,992.78             0.00         0.00   1,557,848.93
B-3        11,205.71     12,645.44             0.00         0.00   1,792,055.96

- -------------------------------------------------------------------------------
        2,363,767.44  6,036,322.74             0.00         0.00 353,490,486.16
===============================================================================


























Run:        07/23/97     15:34:12
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      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    592.147953  15.549558     3.699721    19.249279   0.000000    576.598395
A-3    592.147953  15.549558     3.576397    19.125955   0.000000    576.598395
A-4    592.147952  15.549558     3.773716    19.323274   0.000000    576.598394
A-5    874.286648  18.846643     5.571765    24.418408   0.000000    855.440005
A-6    705.175797  11.240317     4.494034    15.734351   0.000000    693.935480
A-7   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-8   1000.000000   0.000000     6.372929     6.372929   0.000000   1000.000000
A-9   1000.000000   0.000000     6.164661     6.164661   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     6.247968     6.247968   0.000000   1000.000000
A-16   982.048677   0.788339     6.135808     6.924147   0.000000    981.260338
A-17   855.126627   3.581060     0.000000     3.581060   0.000000    851.545568
A-19  1000.000000   0.000000     6.247967     6.247967   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    982.048676   0.788339     6.135809     6.924148   0.000000    981.260337
M-2    982.048681   0.788339     6.135808     6.924147   0.000000    981.260342
M-3    982.048676   0.788338     6.135808     6.924146   0.000000    981.260338
B-1    982.048675   0.788341     6.135811     6.924152   0.000000    981.260334
B-2    982.048690   0.788341     6.135809     6.924150   0.000000    981.260349
B-3    878.372912   0.705115     5.488049     6.193164   0.000000    877.667797

_______________________________________________________________________________


DETERMINATION DATE                      
DISTRIBUTION DATE                       

Run:     07/23/97     15:34:12                                        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                       74,553.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,521.62

SUBSERVICER ADVANCES THIS MONTH                                       61,815.23
MASTER SERVICER ADVANCES THIS MONTH                                    2,183.48


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   4,229,736.08

 (B)  TWO MONTHLY PAYMENTS:                                    2     570,576.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     485,834.29


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,784,511.59

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     353,490,486.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,264

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                 266,579.24

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,385,652.85

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.55158890 %     5.94360600 %    1.50480530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.48009570 %     5.98115786 %    1.51924910 %
CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4654 %

      BANKRUPTCY AMOUNT AVAILABLE                         165,000.00
      FRAUD AMOUNT AVAILABLE                            3,959,720.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,959,720.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.25131911
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.25

POOL TRADING FACTOR:                                                77.92788227


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


Run:        07/23/97     15:34:13                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    16,715,142.23     7.250000  %    777,788.26
A-2   760947KH3    23,594,900.00    23,594,900.00     7.250000  %          0.00
A-3   760947KJ9    56,568,460.00    38,884,110.64     7.250000  %    750,274.70
A-4   760947KE0       434,639.46       377,200.16     0.000000  %     32,522.35
A-5   760947KF7             0.00             0.00     0.526951  %          0.00
R     760947KK6           100.00             0.00     7.250000  %          0.00
M-1   760947KL4     1,803,000.00     1,669,023.78     7.250000  %      6,393.10
M-2   760947KM2       901,000.00       834,049.06     7.250000  %      3,194.77
M-3   760947KN0       721,000.00       667,424.36     7.250000  %      2,556.53
B-1                   360,000.00       333,249.36     7.250000  %      1,276.49
B-2                   361,000.00       334,175.03     7.250000  %      1,280.04
B-3                   360,674.91       333,874.06     7.250000  %      1,278.88

- -------------------------------------------------------------------------------
                  120,152,774.37    83,743,148.68                  1,576,565.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       100,799.36    878,587.62             0.00         0.00  15,937,353.97
A-2       142,287.19    142,287.19             0.00         0.00  23,594,900.00
A-3       234,487.59    984,762.29             0.00         0.00  38,133,835.94
A-4             0.00     32,522.35             0.00         0.00     344,677.81
A-5        36,705.36     36,705.36             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        10,064.92     16,458.02             0.00         0.00   1,662,630.68
M-2         5,029.67      8,224.44             0.00         0.00     830,854.29
M-3         4,024.85      6,581.38             0.00         0.00     664,867.83
B-1         2,009.63      3,286.12             0.00         0.00     331,972.87
B-2         2,015.21      3,295.25             0.00         0.00     332,894.99
B-3         2,013.41      3,292.29             0.00         0.00     332,595.18

- -------------------------------------------------------------------------------
          539,437.19  2,116,002.31             0.00         0.00  82,166,583.56
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    476.921429  22.192087     2.876037    25.068124   0.000000    454.729342
A-2   1000.000000   0.000000     6.030421     6.030421   0.000000   1000.000000
A-3    687.381460  13.263128     4.145200    17.408328   0.000000    674.118333
A-4    867.846099  74.826041     0.000000    74.826041   0.000000    793.020059
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    925.692612   3.545813     5.582318     9.128131   0.000000    922.146800
M-2    925.692630   3.545805     5.582320     9.128125   0.000000    922.146826
M-3    925.692594   3.545811     5.582316     9.128127   0.000000    922.146782
B-1    925.692667   3.545806     5.582306     9.128112   0.000000    922.146861
B-2    925.692604   3.545817     5.582299     9.128116   0.000000    922.146787
B-3    925.692502   3.545769     5.582340     9.128109   0.000000    922.146705

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:13                                        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                       16,946.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,064.22

SUBSERVICER ADVANCES THIS MONTH                                        9,786.43
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     700,046.72

 (B)  TWO MONTHLY PAYMENTS:                                    1     280,648.85

 (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                                                      82,166,583.56

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                    1,255,781.47

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.99580380 %     3.80310800 %    1.20108810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.92090070 %     3.84384097 %    0.00000000 %
CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5272 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              972,353.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     500,000.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.05159565
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              151.00

POOL TRADING FACTOR:                                                68.38509056


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


Run:        07/23/97     15:34:14                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    50,504,219.38     6.270000  %  1,625,985.34
R                           0.00             0.00     0.000000  %          0.00
B-1                 1,156,700.00     1,085,797.15     7.250000  %      3,753.80
B-2                 1,257,300.00     1,180,230.61     7.250000  %      4,080.27
B-3                   604,098.39       510,943.02     7.250000  %      1,766.42

- -------------------------------------------------------------------------------
                  100,579,098.39    53,281,190.16                  1,635,585.83
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         263,804.14  1,889,789.48             0.00         0.00  48,878,234.04
R          86,386.87     86,386.87             0.00         0.00           0.00
B-1         6,558.02     10,311.82             0.00         0.00   1,082,043.35
B-2         7,128.39     11,208.66             0.00         0.00   1,176,150.34
B-3         3,086.01      4,852.43             0.00         0.00     509,176.60

- -------------------------------------------------------------------------------
          366,963.43  2,002,549.26             0.00         0.00  51,645,604.33
===============================================================================












Run:        07/23/97     15:34:14
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      517.668119  16.666346     2.703992    19.370338   0.000000    501.001774
B-1    938.702473   3.245267     5.669595     8.914862   0.000000    935.457206
B-2    938.702466   3.245264     5.669602     8.914866   0.000000    935.457202
B-3    845.794375   2.924060     5.108456     8.032516   0.000000    842.870315

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:14                                        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                       14,572.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       23,119.42
MASTER SERVICER ADVANCES THIS MONTH                                    3,698.83


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   1,553,440.69

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     739,211.18


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        767,596.64

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      51,645,604.33

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          298

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                 490,277.83

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,451,383.21

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      137,219.86

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.78808420 %     5.21191580 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.64161500 %     5.35838500 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              684,585.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,118,504.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.81817020
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.13

POOL TRADING FACTOR:                                                51.34824746


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


Run:        07/23/97     15:34:15                                    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    18,863,133.63     7.500000  %  1,999,698.53
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             0.00     7.500000  %          0.00
A-5   760947LZ2    75,000,000.00    62,068,654.42     7.500000  %  1,319,229.84
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     1,126,218.65     0.000000  %      6,342.49
R     760947MG3           100.00             0.00     7.500000  %          0.00
M-1   760947MH1    10,777,500.00    10,591,195.26     7.500000  %      8,775.14
M-2   760947MJ7     5,987,500.00     5,883,997.36     7.500000  %      4,875.08
M-3   760947MK4     4,790,000.00     4,707,197.88     7.500000  %      3,900.06
B-1                 2,395,000.00     2,353,598.94     7.500000  %      1,950.03
B-2                 1,437,000.00     1,412,159.36     7.500000  %      1,170.02
B-3                 2,155,426.27     2,039,166.05     7.500000  %      1,689.51
SPRE                        0.00             0.00     0.423211  %          0.00

- -------------------------------------------------------------------------------
                  478,999,910.73   396,424,022.55                  3,347,630.70
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       117,832.10  2,117,530.63             0.00         0.00  16,863,435.10
A-2       355,280.33    355,280.33             0.00         0.00  56,875,000.00
A-3       146,797.15    146,797.15             0.00         0.00  23,500,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       387,723.47  1,706,953.31             0.00         0.00  60,749,424.58
A-6       607,252.96    607,252.96             0.00         0.00  97,212,000.00
A-7        77,627.58     77,627.58             0.00         0.00  12,427,000.00
A-8       332,215.70    332,215.70             0.00         0.00  53,182,701.00
A-9       256,616.57    256,616.57             0.00         0.00  41,080,426.00
A-10       19,374.57     19,374.57             0.00         0.00   3,101,574.00
A-11            0.00      6,342.49             0.00         0.00   1,119,876.16
R               0.00          0.00             0.00         0.00           0.00
M-1        66,159.88     74,935.02             0.00         0.00  10,582,420.12
M-2        36,755.49     41,630.57             0.00         0.00   5,879,122.28
M-3        29,404.40     33,304.46             0.00         0.00   4,703,297.82
B-1        14,702.19     16,652.22             0.00         0.00   2,351,648.91
B-2         8,821.32      9,991.34             0.00         0.00   1,410,989.34
B-3        12,738.03     14,427.54             0.00         0.00   2,037,476.53
SPRED     139,336.12    139,336.12             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,608,637.86  5,956,268.56             0.00         0.00 393,076,391.84
===============================================================================











































Run:        07/23/97     15:34:15
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    276.374811  29.298754     1.726427    31.025181   0.000000    247.076058
A-2   1000.000000   0.000000     6.246687     6.246687   0.000000   1000.000000
A-3   1000.000000   0.000000     6.246687     6.246687   0.000000   1000.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    827.582059  17.589731     5.169646    22.759377   0.000000    809.992328
A-6   1000.000000   0.000000     6.246687     6.246687   0.000000   1000.000000
A-7   1000.000000   0.000000     6.246687     6.246687   0.000000   1000.000000
A-8   1000.000000   0.000000     6.246687     6.246687   0.000000   1000.000000
A-9   1000.000000   0.000000     6.246687     6.246687   0.000000   1000.000000
A-10  1000.000000   0.000000     6.246690     6.246690   0.000000   1000.000000
A-11   958.088931   5.395639     0.000000     5.395639   0.000000    952.693292
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    982.713548   0.814209     6.138704     6.952913   0.000000    981.899338
M-2    982.713547   0.814210     6.138704     6.952914   0.000000    981.899337
M-3    982.713545   0.814209     6.138706     6.952915   0.000000    981.899336
B-1    982.713545   0.814209     6.138701     6.952910   0.000000    981.899336
B-2    982.713542   0.814210     6.138706     6.952916   0.000000    981.899332
B-3    946.061611   0.783840     5.909750     6.693590   0.000000    945.277766

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:16                                        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                       80,892.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,180.18

SPREAD                                                                     0.00

SUBSERVICER ADVANCES THIS MONTH                                       63,007.57
MASTER SERVICER ADVANCES THIS MONTH                                    1,106.39


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   5,508,514.29

 (B)  TWO MONTHLY PAYMENTS:                                    7   1,568,268.52

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     224,048.40


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        985,519.57

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     393,076,391.84

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,374

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                 141,195.35

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,019,112.30

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.17291560 %     1.46849400 %    5.35859050 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.12042180 %     1.47556936 %    5.39979290 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,433.00
      FRAUD AMOUNT AVAILABLE                            4,248,782.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,248,782.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.19938544
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              330.18

POOL TRADING FACTOR:                                                82.06189250


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


Run:        07/23/97     15:34:19                                    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    61,146,006.42     7.000000  %  1,061,617.95
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     1,078,541.16     0.000000  %     25,485.98
A-6   7609473R0             0.00             0.00     0.498694  %          0.00
R     760947MU2           100.00             0.00     7.000000  %          0.00
M-1   760947MR9     2,277,000.00     2,123,588.84     7.000000  %      8,411.33
M-2   760947MS7       911,000.00       849,622.06     7.000000  %      3,365.27
M-3   760947MT5     1,367,000.00     1,274,899.41     7.000000  %      5,049.75
B-1                   455,000.00       424,344.70     7.000000  %      1,680.79
B-2                   455,000.00       424,344.70     7.000000  %      1,680.79
B-3                   455,670.95       424,970.54     7.000000  %      1,683.20

- -------------------------------------------------------------------------------
                  182,156,882.70   141,261,317.83                  1,108,975.06
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       356,440.08  1,418,058.03             0.00         0.00  60,084,388.47
A-2       198,197.12    198,197.12             0.00         0.00  34,000,000.00
A-3        81,610.58     81,610.58             0.00         0.00  14,000,000.00
A-4       148,735.28    148,735.28             0.00         0.00  25,515,000.00
A-5             0.00     25,485.98             0.00         0.00   1,053,055.18
A-6        58,664.77     58,664.77             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        12,379.09     20,790.42             0.00         0.00   2,115,177.51
M-2         4,952.73      8,318.00             0.00         0.00     846,256.79
M-3         7,431.80     12,481.55             0.00         0.00   1,269,849.66
B-1         2,473.64      4,154.43             0.00         0.00     422,663.91
B-2         2,473.64      4,154.43             0.00         0.00     422,663.91
B-3         2,477.29      4,160.49             0.00         0.00     423,287.27

- -------------------------------------------------------------------------------
          875,836.02  1,984,811.08             0.00         0.00 140,152,342.70
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    602.423709  10.459290     3.511725    13.971015   0.000000    591.964418
A-2   1000.000000   0.000000     5.829327     5.829327   0.000000   1000.000000
A-3   1000.000000   0.000000     5.829327     5.829327   0.000000   1000.000000
A-4   1000.000000   0.000000     5.829327     5.829327   0.000000   1000.000000
A-5    883.245256  20.871128     0.000000    20.871128   0.000000    862.374128
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    932.625753   3.694040     5.436579     9.130619   0.000000    928.931713
M-2    932.625752   3.694040     5.436586     9.130626   0.000000    928.931712
M-3    932.625757   3.694038     5.436576     9.130614   0.000000    928.931719
B-1    932.625714   3.694044     5.436571     9.130615   0.000000    928.931670
B-2    932.625714   3.694044     5.436571     9.130615   0.000000    928.931670
B-3    932.625922   3.693894     5.436577     9.130471   0.000000    928.931875

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:19                                        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                       28,421.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,986.73

SUBSERVICER ADVANCES THIS MONTH                                       32,810.85
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,158,498.93

 (B)  TWO MONTHLY PAYMENTS:                                    1     364,324.34

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     291,642.95


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        412,022.54

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     140,152,342.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          551

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                      549,010.78

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.06102090 %     3.03040800 %    0.90857090 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.04606240 %     3.01906046 %    0.91202130 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,554,399.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     910,784.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.73991575
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              152.08

POOL TRADING FACTOR:                                                76.94045958


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


Run:        07/23/97     15:34:20                                    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     9,551,488.44     7.500000  %    540,181.78
A-2   760947MW8   152,100,000.00   101,268,340.59     7.500000  %  4,904,577.90
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    41,704,053.71     7.500000  %     32,580.29
A-8   760947NC1    22,189,665.00    16,267,531.39     8.500000  %    571,406.99
A-9   760947ND9    24,993,667.00    18,353,586.91     7.000000  %    640,679.26
A-10  760947NE7     9,694,332.00     7,092,238.78     7.250000  %    251,067.33
A-11  760947NF4    19,384,664.00    14,180,477.21     7.125000  %    502,134.69
A-12  760947NG2       917,418.09       869,940.69     0.000000  %     38,777.03
A-13  7609473Q2             0.00             0.00     0.516878  %          0.00
R     760947NH0           100.00             0.00     7.500000  %          0.00
M-1   760947NK3    10,149,774.00     9,977,405.05     7.500000  %      7,794.61
M-2   760947NL1     5,638,762.00     5,543,001.51     7.500000  %      4,330.34
M-3   760947NM9     4,511,009.00     4,434,400.61     7.500000  %      3,464.27
B-1   760947NN7     2,255,508.00     2,217,203.74     7.500000  %      1,732.14
B-2   760947NP2     1,353,299.00     1,330,316.53     7.500000  %      1,039.28
B-3   760947NQ0     2,029,958.72     1,992,516.87     7.500000  %      1,556.59

- -------------------------------------------------------------------------------
                  451,101,028.81   373,090,844.03                  7,501,322.50
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        59,680.29    599,862.07             0.00         0.00   9,011,306.66
A-2       632,752.13  5,537,330.03             0.00         0.00  96,363,762.69
A-3        59,872.45     59,872.45             0.00         0.00   9,582,241.00
A-4       215,241.44    215,241.44             0.00         0.00  34,448,155.00
A-5       311,930.89    311,930.89             0.00         0.00  49,922,745.00
A-6       277,143.36    277,143.36             0.00         0.00  44,355,201.00
A-7       260,578.27    293,158.56             0.00         0.00  41,671,473.42
A-8       115,196.49    686,603.48             0.00         0.00  15,696,124.40
A-9       107,032.99    747,712.25             0.00         0.00  17,712,907.65
A-10       42,837.09    293,904.42             0.00         0.00   6,841,171.45
A-11       84,173.30    586,307.99             0.00         0.00  13,678,342.52
A-12            0.00     38,777.03             0.00         0.00     831,163.66
A-13      160,657.61    160,657.61             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        62,341.54     70,136.15             0.00         0.00   9,969,610.44
M-2        34,634.18     38,964.52             0.00         0.00   5,538,671.17
M-3        27,707.34     31,171.61             0.00         0.00   4,430,936.34
B-1        13,853.69     15,585.83             0.00         0.00   2,215,471.60
B-2         8,312.18      9,351.46             0.00         0.00   1,329,277.25
B-3        12,449.79     14,006.38             0.00         0.00   1,990,960.28

- -------------------------------------------------------------------------------
        2,486,395.03  9,987,717.53             0.00         0.00 365,589,521.53
===============================================================================









































Run:        07/23/97     15:34:20
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    630.461283  35.655563     3.939293    39.594856   0.000000    594.805720
A-2    665.801056  32.245746     4.160106    36.405852   0.000000    633.555310
A-3   1000.000000   0.000000     6.248272     6.248272   0.000000   1000.000000
A-4   1000.000000   0.000000     6.248272     6.248272   0.000000   1000.000000
A-5   1000.000000   0.000000     6.248272     6.248272   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248272     6.248272   0.000000   1000.000000
A-7    983.017460   0.767959     6.142160     6.910119   0.000000    982.249501
A-8    733.112978  25.751042     5.191448    30.942490   0.000000    707.361936
A-9    734.329497  25.633664     4.282404    29.916068   0.000000    708.695833
A-10   731.586125  25.898363     4.418777    30.317140   0.000000    705.687762
A-11   731.530720  25.903709     4.342263    30.245972   0.000000    705.627011
A-12   948.248895  42.267566     0.000000    42.267566   0.000000    905.981329
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    983.017459   0.767959     6.142160     6.910119   0.000000    982.249500
M-2    983.017462   0.767959     6.142160     6.910119   0.000000    982.249503
M-3    983.017460   0.767959     6.142160     6.910119   0.000000    982.249501
B-1    983.017458   0.767960     6.142160     6.910120   0.000000    982.249498
B-2    983.017448   0.767960     6.142161     6.910121   0.000000    982.249488
B-3    981.555364   0.766819     6.133026     6.899845   0.000000    980.788555

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:20                                        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                       74,033.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       75,038.79
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   5,818,651.17

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,336,457.33

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     532,421.49


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      2,189,603.34

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     365,589,521.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,336

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                    7,209,759.47

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.15061460 %     5.36101200 %    1.48837350 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.01594420 %     5.45399055 %    1.51763740 %

      BANKRUPTCY AMOUNT AVAILABLE                         137,410.00
      FRAUD AMOUNT AVAILABLE                            3,997,454.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,474,154.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.28561792
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              331.11

POOL TRADING FACTOR:                                                81.04382349


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


Run:        07/23/97     15:34:21                                    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   112,442,825.46     7.500000  %  3,199,064.09
A-2   760947PD7     7,348,151.00     7,348,151.00     7.500000  %          0.00
A-3   760947PE5    24,828,814.00    18,806,019.40     8.500000  %    392,752.05
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    18,806,019.40     7.000000  %    392,752.05
A-8   760947PK1    42,208,985.00    41,548,279.33     7.500000  %     33,885.89
A-9   760947PL9    49,657,668.00    37,612,060.60     7.250000  %    785,505.29
A-10  760947PM7       479,655.47       432,197.36     0.000000  %     19,433.68
A-11  7609473S8             0.00             0.00     0.463481  %          0.00
R     760947PN5           100.00             0.00     7.500000  %          0.00
M-1   760947PP0    10,087,900.00     9,929,992.09     7.500000  %      8,098.69
M-2   760947PQ8     5,604,400.00     5,516,673.21     7.500000  %      4,499.28
M-3   760947PR6     4,483,500.00     4,413,318.87     7.500000  %      3,599.41
B-1                 2,241,700.00     2,206,610.24     7.500000  %      1,799.66
B-2                 1,345,000.00     1,323,946.44     7.500000  %      1,079.78
B-3                 2,017,603.30     1,986,021.40     7.500000  %      1,619.76

- -------------------------------------------------------------------------------
                  448,349,608.77   374,089,432.80                  4,844,089.63
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       702,380.19  3,901,444.28             0.00         0.00 109,243,761.37
A-2        45,900.62     45,900.62             0.00         0.00   7,348,151.00
A-3       133,135.85    525,887.90             0.00         0.00  18,413,267.35
A-4        99,428.39     99,428.39             0.00         0.00  15,917,318.00
A-5       273,599.07    273,599.07             0.00         0.00  43,800,000.00
A-6       324,820.81    324,820.81             0.00         0.00  52,000,000.00
A-7       109,641.30    502,393.35             0.00         0.00  18,413,267.35
A-8       259,533.58    293,419.47             0.00         0.00  41,514,393.44
A-9       227,114.24  1,012,619.53             0.00         0.00  36,826,555.31
A-10            0.00     19,433.68             0.00         0.00     412,763.68
A-11      144,406.37    144,406.37             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        62,028.23     70,126.92             0.00         0.00   9,921,893.40
M-2        34,460.20     38,959.48             0.00         0.00   5,512,173.93
M-3        27,568.03     31,167.44             0.00         0.00   4,409,719.46
B-1        13,783.71     15,583.37             0.00         0.00   2,204,810.58
B-2         8,270.11      9,349.89             0.00         0.00   1,322,866.66
B-3        12,405.79     14,025.55             0.00         0.00   1,984,401.64

- -------------------------------------------------------------------------------
        2,478,476.49  7,322,566.12             0.00         0.00 369,245,343.17
===============================================================================













































Run:        07/23/97     15:34:21
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    696.240405  19.808446     4.349103    24.157549   0.000000    676.431959
A-2   1000.000000   0.000000     6.246554     6.246554   0.000000   1000.000000
A-3    757.427213  15.818398     5.362151    21.180549   0.000000    741.608816
A-4   1000.000000   0.000000     6.246554     6.246554   0.000000   1000.000000
A-5   1000.000000   0.000000     6.246554     6.246554   0.000000   1000.000000
A-6   1000.000000   0.000000     6.246554     6.246554   0.000000   1000.000000
A-7    757.427213  15.818398     4.415890    20.234288   0.000000    741.608816
A-8    984.346800   0.802812     6.148776     6.951588   0.000000    983.543988
A-9    757.427042  15.818409     4.573599    20.392008   0.000000    741.608634
A-10   901.057920  40.515914     0.000000    40.515914   0.000000    860.542005
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    984.346801   0.802812     6.148775     6.951587   0.000000    983.543988
M-2    984.346801   0.802812     6.148776     6.951588   0.000000    983.543989
M-3    984.346798   0.802813     6.148774     6.951587   0.000000    983.543986
B-1    984.346808   0.802810     6.148775     6.951585   0.000000    983.543998
B-2    984.346796   0.802810     6.148781     6.951591   0.000000    983.543985
B-3    984.346824   0.802814     6.148776     6.951590   0.000000    983.544010

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:22                                        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                       76,392.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       24,265.91
MASTER SERVICER ADVANCES THIS MONTH                                    1,808.73


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,957,536.07

 (B)  TWO MONTHLY PAYMENTS:                                    2     553,066.20

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        759,847.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     369,245,343.17

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,379

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                 239,355.37

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,538,888.66

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.20859870 %     5.31502700 %    1.47637390 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.12537260 %     5.37414680 %    1.49446640 %

      BANKRUPTCY AMOUNT AVAILABLE                         151,861.00
      FRAUD AMOUNT AVAILABLE                            3,994,627.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,994,627.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.25132084
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.21

POOL TRADING FACTOR:                                                82.35656638


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


Run:        07/23/97     15:34:22                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-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     3,099,425.77     7.000000  %  1,818,548.54
A-2   760947NS6    45,874,000.00    45,874,000.00     7.000000  %          0.00
A-3   760947NT4    14,000,000.00    10,643,647.07     7.000000  %    257,370.57
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       374,807.40     0.000000  %      5,789.37
A-8   7609473T6             0.00             0.00     0.502985  %          0.00
R     760947NX5           100.00             0.00     7.000000  %          0.00
M-1   760947NY3     2,110,000.00     1,976,192.43     7.000000  %      7,648.34
M-2   760947NZ0     1,054,500.00       987,627.92     7.000000  %      3,822.36
M-3   760947PA3       773,500.00       724,447.79     7.000000  %      2,803.79
B-1                   351,000.00       328,741.01     7.000000  %      1,272.31
B-2                   281,200.00       263,367.44     7.000000  %      1,019.30
B-3                   350,917.39       328,663.66     7.000000  %      1,271.99

- -------------------------------------------------------------------------------
                  140,600,865.75   113,175,420.49                  2,099,546.57
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        18,061.30  1,836,609.84             0.00         0.00   1,280,877.23
A-2       267,321.84    267,321.84             0.00         0.00  45,874,000.00
A-3        62,023.79    319,394.36             0.00         0.00  10,386,276.50
A-4        62,981.53     62,981.53             0.00         0.00  10,808,000.00
A-5       138,698.63    138,698.63             0.00         0.00  23,801,500.00
A-6        81,378.33     81,378.33             0.00         0.00  13,965,000.00
A-7             0.00      5,789.37             0.00         0.00     369,018.03
A-8        47,388.96     47,388.96             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        11,515.88     19,164.22             0.00         0.00   1,968,544.09
M-2         5,755.21      9,577.57             0.00         0.00     983,805.56
M-3         4,221.58      7,025.37             0.00         0.00     721,644.00
B-1         1,915.68      3,187.99             0.00         0.00     327,468.70
B-2         1,534.72      2,554.02             0.00         0.00     262,348.14
B-3         1,915.22      3,187.21             0.00         0.00     327,391.67

- -------------------------------------------------------------------------------
          704,712.67  2,804,259.24             0.00         0.00 111,075,873.92
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    115.585522  67.818331     0.673552    68.491883   0.000000     47.767191
A-2   1000.000000   0.000000     5.827306     5.827306   0.000000   1000.000000
A-3    760.260505  18.383612     4.430271    22.813883   0.000000    741.876893
A-4   1000.000000   0.000000     5.827307     5.827307   0.000000   1000.000000
A-5   1000.000000   0.000000     5.827306     5.827306   0.000000   1000.000000
A-6   1000.000000   0.000000     5.827306     5.827306   0.000000   1000.000000
A-7    900.658121  13.911793     0.000000    13.911793   0.000000    886.746328
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    936.584090   3.624806     5.457763     9.082569   0.000000    932.959284
M-2    936.584087   3.624808     5.457762     9.082570   0.000000    932.959279
M-3    936.584085   3.624809     5.457763     9.082572   0.000000    932.959276
B-1    936.584074   3.624815     5.457778     9.082593   0.000000    932.959259
B-2    936.584068   3.624822     5.457752     9.082574   0.000000    932.959246
B-3    936.584135   3.624813     5.457752     9.082565   0.000000    932.959378

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:23                                        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                       22,911.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,069.03

SUBSERVICER ADVANCES THIS MONTH                                        5,551.14
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     464,400.16

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      83,797.13


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     111,075,873.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          438

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                    1,661,485.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.91399360 %     3.26972300 %    0.81628290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.85282940 %     3.30764325 %    0.82850200 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,243,701.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     829,634.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.78393463
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              152.62

POOL TRADING FACTOR:                                                79.00084635


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


Run:        07/23/97     15:34:24                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    92,980,822.82     7.000000  %  1,777,617.40
A-2   7609473U3             0.00             0.00     0.542338  %          0.00
R     760947QL8           100.00             0.00     7.000000  %          0.00
M-1   760947QM6     1,786,900.00     1,682,457.37     7.000000  %      6,297.12
M-2   760947QN4       893,400.00       841,181.62     7.000000  %      3,148.38
M-3   760947QP9       595,600.00       560,787.73     7.000000  %      2,098.92
B-1                   297,800.00       280,393.88     7.000000  %      1,049.46
B-2                   238,200.00       224,277.42     7.000000  %        839.43
B-3                   357,408.38       336,518.17     7.000000  %      1,259.52

- -------------------------------------------------------------------------------
                  119,123,708.38    96,906,439.01                  1,792,310.23
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         541,401.01  2,319,018.41             0.00         0.00  91,203,205.42
A-2        43,716.97     43,716.97             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         9,796.47     16,093.59             0.00         0.00   1,676,160.25
M-2         4,897.96      8,046.34             0.00         0.00     838,033.24
M-3         3,265.31      5,364.23             0.00         0.00     558,688.81
B-1         1,632.65      2,682.11             0.00         0.00     279,344.42
B-2         1,305.90      2,145.33             0.00         0.00     223,437.99
B-3         1,959.45      3,218.97             0.00         0.00     180,901.09

- -------------------------------------------------------------------------------
          607,975.72  2,400,285.95             0.00         0.00  94,959,771.22
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      808.850324  15.463688     4.709706    20.173394   0.000000    793.386636
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    941.550937   3.524047     5.482383     9.006430   0.000000    938.026890
M-2    941.550951   3.524043     5.482382     9.006425   0.000000    938.026908
M-3    941.550923   3.524043     5.482388     9.006431   0.000000    938.026881
B-1    941.550974   3.524043     5.482371     9.006414   0.000000    938.026931
B-2    941.550882   3.524055     5.482368     9.006423   0.000000    938.026826
B-3    941.550867   3.524036     5.482384     9.006420   0.000000    506.146750

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:24                                        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                       19,907.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,522.88

SUBSERVICER ADVANCES THIS MONTH                                       11,750.09
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     484,158.24

 (B)  TWO MONTHLY PAYMENTS:                                    1     413,402.33

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        424,415.11

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      94,959,771.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          393

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                    1,246,626.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.94906570 %     3.18289100 %    0.86804290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.04404500 %     3.23598326 %    0.71997170 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,030,887.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     609,536.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.85493516
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              155.13

POOL TRADING FACTOR:                                                79.71525779


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


Run:        07/23/97     15:34:25                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    25,148,643.07     6.200000  %  1,144,551.74
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    42,504,286.84     7.050000  %  1,313,650.46
A-5   760947QU8   104,043,000.00    96,776,863.22     0.000000  %    784,522.91
A-6   760947QV6    26,848,000.00    26,509,398.79     7.500000  %     20,767.00
A-7   760947QW4       366,090.95       351,081.89     0.000000  %        314.71
A-8   7609473V1             0.00             0.00     0.432084  %          0.00
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     6,627,152.23     7.500000  %      5,191.60
M-2   760947RA1     4,474,600.00     4,418,167.32     7.500000  %      3,461.12
M-3   760947RB9     2,983,000.00     2,945,379.04     7.500000  %      2,307.36
B-1                 1,789,800.00     1,767,227.41     7.500000  %      1,384.42
B-2                   745,700.00       736,295.39     7.500000  %        576.80
B-3                 1,193,929.65     1,178,872.05     7.500000  %        923.49

- -------------------------------------------------------------------------------
                  298,304,120.60   253,261,367.25                  3,277,651.61
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       129,900.05  1,274,451.79             0.00         0.00  24,004,091.33
A-2       194,124.96    194,124.96             0.00         0.00  35,848,000.00
A-3        43,646.70     43,646.70             0.00         0.00   8,450,000.00
A-4       249,646.18  1,563,296.64             0.00         0.00  41,190,636.38
A-5       240,796.25  1,025,319.16       446,087.11         0.00  96,438,427.42
A-6       165,639.61    186,406.61             0.00         0.00  26,488,631.79
A-7             0.00        314.71             0.00         0.00     350,767.18
A-8        91,167.61     91,167.61             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        41,408.67     46,600.27             0.00         0.00   6,621,960.63
M-2        27,606.20     31,067.32             0.00         0.00   4,414,706.20
M-3        18,403.72     20,711.08             0.00         0.00   2,943,071.68
B-1        11,042.23     12,426.65             0.00         0.00   1,765,842.99
B-2         4,600.62      5,177.42             0.00         0.00     735,718.59
B-3         7,365.99      8,289.48             0.00         0.00   1,177,948.56

- -------------------------------------------------------------------------------
        1,225,348.79  4,503,000.40       446,087.11         0.00 250,429,802.75
===============================================================================

















































Run:        07/23/97     15:34:25
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    670.630482  30.521380     3.464001    33.985381   0.000000    640.109102
A-2   1000.000000   0.000000     5.415224     5.415224   0.000000   1000.000000
A-3   1000.000000   0.000000     5.165290     5.165290   0.000000   1000.000000
A-4    631.095573  19.504832     3.706699    23.211531   0.000000    611.590741
A-5    930.162175   7.540372     2.314392     9.854764   4.287526    926.909330
A-6    987.388215   0.773503     6.169533     6.943036   0.000000    986.614712
A-7    959.001827   0.859650     0.000000     0.859650   0.000000    958.142178
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    987.388216   0.773503     6.169533     6.943036   0.000000    986.614713
M-2    987.388218   0.773504     6.169535     6.943039   0.000000    986.614714
M-3    987.388213   0.773503     6.169534     6.943037   0.000000    986.614710
B-1    987.388205   0.773505     6.169533     6.943038   0.000000    986.614700
B-2    987.388212   0.773501     6.169532     6.943033   0.000000    986.614711
B-3    987.388202   0.773505     6.169534     6.943039   0.000000    986.614714

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:25                                        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                       52,204.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       28,538.31
MASTER SERVICER ADVANCES THIS MONTH                                    2,687.19


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,361,616.72

 (B)  TWO MONTHLY PAYMENTS:                                    3     672,333.83

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     267,065.78


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,496,192.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     250,429,802.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          949

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                 363,973.49

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,633,136.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.01210960 %     5.53188200 %    1.45600830 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.93853300 %     5.58229826 %    1.47133890 %

      BANKRUPTCY AMOUNT AVAILABLE                         106,142.00
      FRAUD AMOUNT AVAILABLE                            2,662,797.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,243,641.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.21609486
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              334.48

POOL TRADING FACTOR:                                                83.95117112


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


Run:        07/31/97     12:13:23                                    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    12,879,336.31     7.500000  %    184,822.50
A-2   760947PT2    73,285,445.00    59,053,744.59     7.500000  %    569,255.55
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    29,718,857.24     7.500000  %     26,693.45
A-6   760947PX3    19,608,650.00    15,218,016.66     7.500000  %    175,621.49
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    91,862,615.26     7.500000  %    887,183.76
A-11  760947QC8     3,268,319.71     2,946,793.05     0.000000  %      4,049.96
R     760947QD6           100.00             0.00     7.500000  %          0.00
M-1   760947QE4     7,342,463.00     7,229,031.00     7.500000  %      6,493.11
M-2   760947QF1     5,710,804.00     5,622,579.14     7.500000  %      5,050.20
M-3   760947QG9     3,263,317.00     3,212,902.79     7.500000  %      2,885.83
B-1   760947QH7     1,794,824.00     1,767,096.18     7.500000  %      1,587.20
B-2   760947QJ3     1,142,161.00     1,124,516.03     7.500000  %      1,010.04
B-3                 1,957,990.76     1,920,275.65     7.500000  %      1,724.77

- -------------------------------------------------------------------------------
                  326,331,688.47   279,785,501.90                  1,866,377.86
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        80,478.68    265,301.18             0.00         0.00  12,694,513.81
A-2       369,007.15    938,262.70             0.00         0.00  58,484,489.04
A-3        48,525.50     48,525.50             0.00         0.00   7,765,738.00
A-4       210,411.35    210,411.35             0.00         0.00  33,673,000.00
A-5       185,703.23    212,396.68             0.00         0.00  29,692,163.79
A-6        95,092.31    270,713.80             0.00         0.00  15,042,395.17
A-7        17,340.05     17,340.05             0.00         0.00   2,775,000.00
A-8         6,436.13      6,436.13             0.00         0.00   1,030,000.00
A-9        12,409.85     12,409.85             0.00         0.00   1,986,000.00
A-10      574,018.85  1,461,202.61             0.00         0.00  90,975,431.50
A-11            0.00      4,049.96             0.00         0.00   2,942,743.09
R               0.00          0.00             0.00         0.00           0.00
M-1        45,171.80     51,664.91             0.00         0.00   7,222,537.89
M-2        35,133.62     40,183.82             0.00         0.00   5,617,528.94
M-3        20,076.36     22,962.19             0.00         0.00   3,210,016.96
B-1        11,041.99     12,629.19             0.00         0.00   1,765,508.98
B-2         7,026.73      8,036.77             0.00         0.00   1,123,505.99
B-3        11,999.16     13,723.93             0.00         0.00   1,918,550.88

- -------------------------------------------------------------------------------
        1,729,872.76  3,596,250.62             0.00         0.00 277,919,124.04
===============================================================================
















Run:        07/31/97     12:13:23
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    735.962075  10.561286     4.598782    15.160068   0.000000    725.400789
A-2    805.804544   7.767648     5.035204    12.802852   0.000000    798.036896
A-3   1000.000000   0.000000     6.248666     6.248666   0.000000   1000.000000
A-4   1000.000000   0.000000     6.248667     6.248667   0.000000   1000.000000
A-5    984.551235   0.884323     6.152132     7.036455   0.000000    983.666912
A-6    776.086914   8.956327     4.849508    13.805835   0.000000    767.130586
A-7   1000.000000   0.000000     6.248667     6.248667   0.000000   1000.000000
A-8   1000.000000   0.000000     6.248670     6.248670   0.000000   1000.000000
A-9   1000.000000   0.000000     6.248666     6.248666   0.000000   1000.000000
A-10   805.510737   7.779400     5.033368    12.812768   0.000000    797.731337
A-11   901.623253   1.239157     0.000000     1.239157   0.000000    900.384097
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    984.551233   0.884323     6.152132     7.036455   0.000000    983.666910
M-2    984.551237   0.884324     6.152132     7.036456   0.000000    983.666913
M-3    984.551237   0.884324     6.152133     7.036457   0.000000    983.666913
B-1    984.551232   0.884321     6.152130     7.036451   0.000000    983.666911
B-2    984.551241   0.884324     6.152136     7.036460   0.000000    983.666917
B-3    980.737851   0.880898     6.128303     7.009201   0.000000    979.856963

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/31/97     12:13:24                                        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                       55,610.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SPREAD                                                                85,350.86

SUBSERVICER ADVANCES THIS MONTH                                       22,431.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     481,378.76

 (B)  TWO MONTHLY PAYMENTS:                                    3     725,496.16

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4   1,499,496.92


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        246,653.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     277,919,124.04

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          981

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                    1,614,488.55

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.45900230 %     5.80284200 %    1.73815570 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.41474870 %     5.77509153 %    1.74835590 %

      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                          8.05838156
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              323.62

POOL TRADING FACTOR:                                                85.16461437

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


Run:        07/23/97     15:34:29                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   134,382,402.10     6.850000  %  2,884,108.26
A-2   760947RD5    25,000,000.00    20,765,602.89     7.250000  %    309,226.31
A-3   760947RE3    22,600,422.00    22,600,422.00     7.000000  %          0.00
A-4   760947RF0    15,842,000.00    14,090,702.44     6.750000  %    108,670.90
A-5   760947RG8    11,649,000.00    10,964,478.33     6.900000  %     42,475.70
A-6   760947RU7    73,856,000.00    75,607,297.56     0.000000  %          0.00
A-7   760947RH6    93,000,000.00    80,601,963.02     7.250000  %    905,394.36
A-8   760947RJ2     6,350,000.00     7,034,521.67     7.250000  %          0.00
A-9   760947RK9    20,348,738.00    15,726,795.49     7.250000  %    337,527.68
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       168,920.95     0.000000  %      1,079.73
A-14  7609473W9             0.00             0.00     0.628608  %          0.00
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    11,789,612.67     7.250000  %      9,131.23
M-2   760947RS2     6,634,109.00     6,549,784.93     7.250000  %      5,072.91
M-3   760947RT0     5,307,287.00     5,239,827.75     7.250000  %      4,058.32
B-1   760947RV5     3,184,372.00     3,143,896.44     7.250000  %      2,434.99
B-2   760947RW3     1,326,822.00     1,309,957.18     7.250000  %      1,014.58
B-3   760947RX1     2,122,914.66     2,090,172.91     7.250000  %      1,618.88

- -------------------------------------------------------------------------------
                  530,728,720.00   469,577,516.33                  4,611,813.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       766,656.70  3,650,764.96             0.00         0.00 131,498,293.84
A-2       125,386.42    434,612.73             0.00         0.00  20,456,376.58
A-3       131,759.69    131,759.69             0.00         0.00  22,600,422.00
A-4        79,214.44    187,885.34             0.00         0.00  13,982,031.54
A-5        63,009.35    105,485.05             0.00         0.00  10,922,002.63
A-6       406,688.73    406,688.73       108,670.90         0.00  75,715,968.46
A-7       486,689.06  1,392,083.42             0.00         0.00  79,696,568.66
A-8             0.00          0.00        42,475.70         0.00   7,076,997.37
A-9        94,961.21    432,488.89             0.00         0.00  15,389,267.81
A-10       19,868.52     19,868.52             0.00         0.00   2,511,158.00
A-11      236,530.04    236,530.04             0.00         0.00  40,000,000.00
A-12       90,572.68     90,572.68             0.00         0.00  15,000,000.00
A-13            0.00      1,079.73             0.00         0.00     167,841.22
A-14      245,841.56    245,841.56             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        71,187.79     80,319.02             0.00         0.00  11,780,481.44
M-2        39,548.78     44,621.69             0.00         0.00   6,544,712.02
M-3        31,639.01     35,697.33             0.00         0.00   5,235,769.43
B-1        18,983.40     21,418.39             0.00         0.00   3,141,461.45
B-2         7,909.75      8,924.33             0.00         0.00   1,308,942.60
B-3        12,620.84     14,239.72             0.00         0.00   2,088,554.03

- -------------------------------------------------------------------------------
        2,929,067.97  7,540,881.82       151,146.60         0.00 465,116,849.08
===============================================================================





































Run:        07/23/97     15:34:29
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    772.863432  16.587156     4.409215    20.996371   0.000000    756.276276
A-2    830.624116  12.369052     5.015457    17.384509   0.000000    818.255063
A-3   1000.000000   0.000000     5.829966     5.829966   0.000000   1000.000000
A-4    889.452243   6.859670     5.000280    11.859950   0.000000    882.592573
A-5    941.237731   3.646296     5.408992     9.055288   0.000000    937.591435
A-6   1023.712326   0.000000     5.506509     5.506509   1.471389   1025.183715
A-7    866.687774   9.735423     5.233216    14.968639   0.000000    856.952351
A-8   1107.798688   0.000000     0.000000     0.000000   6.689087   1114.487775
A-9    772.863432  16.587155     4.666688    21.253843   0.000000    756.276277
A-10  1000.000000   0.000000     7.912095     7.912095   0.000000   1000.000000
A-11  1000.000000   0.000000     5.913251     5.913251   0.000000   1000.000000
A-12  1000.000000   0.000000     6.038179     6.038179   0.000000   1000.000000
A-13   947.390244   6.055647     0.000000     6.055647   0.000000    941.334597
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    987.289314   0.764670     5.961429     6.726099   0.000000    986.524644
M-2    987.289315   0.764671     5.961431     6.726102   0.000000    986.524644
M-3    987.289316   0.764669     5.961428     6.726097   0.000000    986.524646
B-1    987.289312   0.764669     5.961427     6.726096   0.000000    986.524643
B-2    987.289312   0.764669     5.961425     6.726094   0.000000    986.524643
B-3    984.576982   0.762570     5.945053     6.707623   0.000000    983.814408

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:29                                        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                       95,990.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,761.38

SUBSERVICER ADVANCES THIS MONTH                                       67,795.43
MASTER SERVICER ADVANCES THIS MONTH                                    4,079.54


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   5,660,433.81

 (B)  TWO MONTHLY PAYMENTS:                                    2     559,671.50

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     966,459.07


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      1,965,726.83

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     465,116,849.08

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,715

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                 563,330.37

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,096,950.05

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.58272260 %     5.02317700 %    1.39410030 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.52618880 %     5.06560081 %    1.40638180 %

      BANKRUPTCY AMOUNT AVAILABLE                         165,277.00
      FRAUD AMOUNT AVAILABLE                            4,859,749.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,859,749.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.16846527
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              335.33

POOL TRADING FACTOR:                                                87.63739959


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


Run:        07/23/97     15:34:30                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    44,613,915.37     6.750000  %  1,112,836.07
A-2   760947SA0    20,391,493.00    20,391,493.00     6.750000  %          0.00
A-3   760947SB8    29,250,000.00    25,101,266.26     6.750000  %    429,711.85
A-4   760947SC6       313,006.32       281,348.39     0.000000  %      4,880.90
A-5   7609473X7             0.00             0.00     0.561205  %          0.00
R     760947SD4           100.00             0.00     6.750000  %          0.00
M-1   760947SE2     1,364,000.00     1,285,031.58     6.750000  %      4,989.55
M-2   760947SF9       818,000.00       770,642.10     6.750000  %      2,992.26
M-3   760947SG7       546,000.00       514,389.49     6.750000  %      1,997.28
B-1                   491,000.00       462,573.67     6.750000  %      1,796.09
B-2                   273,000.00       257,194.73     6.750000  %        998.64
B-3                   327,627.84       308,660.08     6.750000  %      1,198.48

- -------------------------------------------------------------------------------
                  109,132,227.16    93,986,514.67                  1,561,401.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       250,332.73  1,363,168.80             0.00         0.00  43,501,079.30
A-2       114,418.52    114,418.52             0.00         0.00  20,391,493.00
A-3       140,845.48    570,557.33             0.00         0.00  24,671,554.41
A-4             0.00      4,880.90             0.00         0.00     276,467.49
A-5        43,846.08     43,846.08             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         7,210.43     12,199.98             0.00         0.00   1,280,042.03
M-2         4,324.14      7,316.40             0.00         0.00     767,649.84
M-3         2,886.29      4,883.57             0.00         0.00     512,392.21
B-1         2,595.55      4,391.64             0.00         0.00     460,777.58
B-2         1,443.14      2,441.78             0.00         0.00     256,196.09
B-3         1,731.92      2,930.40             0.00         0.00     307,461.60

- -------------------------------------------------------------------------------
          569,634.28  2,131,035.40             0.00         0.00  92,425,113.55
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    805.916315  20.102534     4.522070    24.624604   0.000000    785.813781
A-2   1000.000000   0.000000     5.611091     5.611091   0.000000   1000.000000
A-3    858.162949  14.691004     4.815230    19.506234   0.000000    843.471946
A-4    898.858496  15.593615     0.000000    15.593615   0.000000    883.264881
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    942.105264   3.658028     5.286239     8.944267   0.000000    938.447236
M-2    942.105257   3.658020     5.286235     8.944255   0.000000    938.447237
M-3    942.105293   3.658022     5.286245     8.944267   0.000000    938.447271
B-1    942.105234   3.658024     5.286253     8.944277   0.000000    938.447210
B-2    942.105238   3.658022     5.286227     8.944249   0.000000    938.447216
B-3    942.105775   3.658022     5.286242     8.944264   0.000000    938.447733

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:30                                        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                       19,270.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,821.06

SUBSERVICER ADVANCES THIS MONTH                                        6,458.55
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     549,350.26

 (B)  TWO MONTHLY PAYMENTS:                                    1      94,921.56

 (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                                                      92,425,113.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          344

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                    1,196,298.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.15977240 %     2.74271200 %    1.09751520 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.11006830 %     2.76990093 %    1.11172040 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              976,302.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     661,887.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.59357630
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              154.62

POOL TRADING FACTOR:                                                84.69094415


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


Run:        07/23/97     15:34:27                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    21,605,550.12     7.000000  %    366,330.87
A-2   760947SJ1    50,172,797.00    43,142,624.06     7.400000  %    610,551.44
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    33,083,841.29     7.250000  %     25,963.85
A-6   760947SN2    45,513,473.00    38,076,255.19     7.250000  %    645,902.18
A-7   760947SP7     8,560,000.00     8,560,000.00     7.125000  %          0.00
A-8   760947SQ5    77,000,000.00    66,465,497.14     7.250000  %    914,892.99
A-9   760947SR3    36,574,716.00    28,106,662.13     7.250000  %    735,427.50
A-10  7609473Y5             0.00             0.00     0.627098  %          0.00
R     760947SS1           100.00             0.00     7.250000  %          0.00
M-1   760947ST9     8,000,000.00     7,898,254.30     7.250000  %      6,198.47
M-2   760947SU6     5,333,000.00     5,265,173.77     7.250000  %      4,132.05
M-3   760947SV4     3,555,400.00     3,510,181.65     7.250000  %      2,754.75
B-1                 1,244,400.00     1,228,573.46     7.250000  %        964.17
B-2                   888,900.00       877,594.77     7.250000  %        688.73
B-3                 1,422,085.30     1,403,998.93     7.250000  %      1,101.85

- -------------------------------------------------------------------------------
                  355,544,080.30   317,169,732.81                  3,314,908.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       125,978.24    492,309.11             0.00         0.00  21,239,219.25
A-2       265,931.89    876,483.33             0.00         0.00  42,532,072.62
A-3       150,647.80    150,647.80             0.00         0.00  24,945,526.00
A-4       199,289.35    199,289.35             0.00         0.00  33,000,000.00
A-5       199,795.67    225,759.52             0.00         0.00  33,057,877.44
A-6       229,945.21    875,847.39             0.00         0.00  37,430,353.01
A-7        50,803.17     50,803.17             0.00         0.00   8,560,000.00
A-8       401,389.87  1,316,282.86             0.00         0.00  65,550,604.15
A-9       169,738.13    905,165.63             0.00         0.00  27,371,234.63
A-10      165,675.86    165,675.86             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        47,698.12     53,896.59             0.00         0.00   7,892,055.83
M-2        31,796.75     35,928.80             0.00         0.00   5,261,041.72
M-3        21,198.24     23,952.99             0.00         0.00   3,507,426.90
B-1         7,419.44      8,383.61             0.00         0.00   1,227,609.29
B-2         5,299.86      5,988.59             0.00         0.00     876,906.04
B-3         8,478.85      9,580.70             0.00         0.00   1,402,897.08

- -------------------------------------------------------------------------------
        2,081,086.45  5,395,995.30             0.00         0.00 313,854,823.96
===============================================================================















































Run:        07/23/97     15:34:27
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    836.657358  14.185865     4.878405    19.064270   0.000000    822.471493
A-2    859.880785  12.168974     5.300320    17.469294   0.000000    847.711811
A-3   1000.000000   0.000000     6.039071     6.039071   0.000000   1000.000000
A-4   1000.000000   0.000000     6.039071     6.039071   0.000000   1000.000000
A-5    987.281786   0.774808     5.962265     6.737073   0.000000    986.506978
A-6    836.593050  14.191450     5.052245    19.243695   0.000000    822.401600
A-7   1000.000000   0.000000     5.934950     5.934950   0.000000   1000.000000
A-8    863.188275  11.881727     5.212855    17.094582   0.000000    851.306547
A-9    768.472464  20.107538     4.640860    24.748398   0.000000    748.364926
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    987.281788   0.774809     5.962265     6.737074   0.000000    986.506979
M-2    987.281787   0.774808     5.962263     6.737071   0.000000    986.506979
M-3    987.281783   0.774807     5.962266     6.737073   0.000000    986.506975
B-1    987.281790   0.774807     5.962263     6.737070   0.000000    986.506983
B-2    987.281775   0.774812     5.962268     6.737080   0.000000    986.506964
B-3    987.281797   0.774806     5.962265     6.737071   0.000000    986.506984

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:28                                        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                       65,652.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       664.90

SUBSERVICER ADVANCES THIS MONTH                                       50,801.45
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   4,492,432.23

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,241,302.37

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        974,003.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     313,854,823.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,097

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                    3,065,997.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.63628530 %     5.25699900 %    1.10671570 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.57411920 %     5.30835379 %    1.11752700 %

      BANKRUPTCY AMOUNT AVAILABLE                         166,126.00
      FRAUD AMOUNT AVAILABLE                            3,315,462.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,315,462.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.16767080
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              335.43

POOL TRADING FACTOR:                                                88.27451822


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


Run:        07/23/97     15:34:31                                    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    42,368,622.03     7.125000  %    794,750.59
A-2   760947TF8    59,147,000.00    47,486,865.89     7.250000  %    890,758.61
A-3   760947TG6    50,000,000.00    42,555,203.41     7.250000  %    568,734.17
A-4   760947TH4     2,000,000.00     1,708,163.87     6.812500  %     22,294.39
A-5   760947TJ0    18,900,000.00    16,142,149.49     7.000000  %    210,681.89
A-6   760947TK7    25,500,000.00    21,779,090.67     7.250000  %    284,253.33
A-7   760947TL5    30,750,000.00    26,263,021.04     7.500000  %    342,776.09
A-8   760947TM3    87,500,000.00    77,542,023.31     7.350000  %    760,724.82
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    60,552,525.70     7.250000  %     84,153.39
A-14  760947TT8       709,256.16       649,046.52     0.000000  %      1,382.21
A-15  7609473Z2             0.00             0.00     0.505712  %          0.00
R     760947TU5           100.00             0.00     7.250000  %          0.00
M-1   760947TV3    12,822,700.00    12,673,993.62     7.250000  %     17,613.79
M-2   760947TW1     7,123,700.00     7,041,085.61     7.250000  %      9,785.41
M-3   760947TX9     6,268,900.00     6,196,198.81     7.250000  %      8,611.22
B-1                 2,849,500.00     2,816,454.01     7.250000  %      3,914.19
B-2                 1,424,700.00     1,408,177.59     7.250000  %      1,957.03
B-3                 2,280,382.97     2,021,992.52     7.250000  %      2,810.07

- -------------------------------------------------------------------------------
                  569,896,239.13   517,789,614.09                  4,005,201.20
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       251,492.53  1,046,243.12             0.00         0.00  41,573,871.44
A-2       286,818.66  1,177,577.27             0.00         0.00  46,596,107.28
A-3       257,031.63    825,765.80             0.00         0.00  41,986,469.24
A-4         9,694.65     31,989.04             0.00         0.00   1,685,869.48
A-5        94,135.91    304,817.80             0.00         0.00  15,931,467.60
A-6       131,544.79    415,798.12             0.00         0.00  21,494,837.34
A-7       164,097.45    506,873.54             0.00         0.00  25,920,244.95
A-8       474,810.55  1,235,535.37             0.00         0.00  76,781,298.49
A-9       122,569.49    122,569.49             0.00         0.00  21,400,000.00
A-10      185,987.90    185,987.90             0.00         0.00  30,271,000.00
A-11      326,701.31    326,701.31             0.00         0.00  54,090,000.00
A-12      258,655.15    258,655.15             0.00         0.00  42,824,000.00
A-13      365,734.70    449,888.09             0.00         0.00  60,468,372.31
A-14            0.00      1,382.21             0.00         0.00     647,664.31
A-15      218,148.44    218,148.44             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        76,550.38     94,164.17             0.00         0.00  12,656,379.83
M-2        42,527.86     52,313.27             0.00         0.00   7,031,300.20
M-3        37,424.78     46,036.00             0.00         0.00   6,187,587.59
B-1        17,011.27     20,925.46             0.00         0.00   2,812,539.82
B-2         8,505.33     10,462.36             0.00         0.00   1,406,220.56
B-3        12,212.74     15,022.81             0.00         0.00   2,019,182.45

- -------------------------------------------------------------------------------
        3,341,655.52  7,346,856.72             0.00         0.00 513,784,412.89
===============================================================================





































Run:        07/23/97     15:34:31
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    802.861783  15.060081     4.765643    19.825724   0.000000    787.801702
A-2    802.861783  15.060081     4.849251    19.909332   0.000000    787.801702
A-3    851.104068  11.374683     5.140633    16.515316   0.000000    839.729385
A-4    854.081935  11.147195     4.847325    15.994520   0.000000    842.934740
A-5    854.081984  11.147190     4.980736    16.127926   0.000000    842.934794
A-6    854.081987  11.147189     5.158619    16.305808   0.000000    842.934798
A-7    854.081985  11.147190     5.336502    16.483692   0.000000    842.934795
A-8    886.194552   8.693998     5.426406    14.120404   0.000000    877.500554
A-9   1000.000000   0.000000     5.727546     5.727546   0.000000   1000.000000
A-10  1000.000000   0.000000     6.144095     6.144095   0.000000   1000.000000
A-11  1000.000000   0.000000     6.039958     6.039958   0.000000   1000.000000
A-12  1000.000000   0.000000     6.039958     6.039958   0.000000   1000.000000
A-13   988.402881   1.373641     5.969912     7.343553   0.000000    987.029240
A-14   915.108753   1.948816     0.000000     1.948816   0.000000    913.159937
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    988.402881   1.373641     5.969911     7.343552   0.000000    987.029240
M-2    988.402882   1.373642     5.969912     7.343554   0.000000    987.029240
M-3    988.402879   1.373641     5.969912     7.343553   0.000000    987.029238
B-1    988.402881   1.373641     5.969914     7.343555   0.000000    987.029240
B-2    988.402885   1.373644     5.969909     7.343553   0.000000    987.029241
B-3    886.689888   1.232284     5.355565     6.587849   0.000000    885.457608

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:32                                        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                      109,412.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,502.74

SUBSERVICER ADVANCES THIS MONTH                                       62,684.86
MASTER SERVICER ADVANCES THIS MONTH                                    6,836.23


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   4,552,296.25

 (B)  TWO MONTHLY PAYMENTS:                                    3     673,717.34

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     400,071.73


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      3,088,690.26

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     513,784,412.89

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,772

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                 922,228.22

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,285,897.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      308,509.16

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.78159360 %     5.01049000 %    1.20791610 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.74178320 %     5.03621110 %    1.21564920 %

      BANKRUPTCY AMOUNT AVAILABLE                         175,482.00
      FRAUD AMOUNT AVAILABLE                            5,337,598.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   6,193,457.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.04415811
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              336.64

POOL TRADING FACTOR:                                                90.15402763


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


Run:        07/23/97     15:34:33                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    42,578,382.20     6.750000  %    622,545.97
A-2   760947SX0    21,274,070.00    21,274,070.00     6.750000  %          0.00
A-3   760947SY8    38,926,942.00    32,508,919.73     6.750000  %    316,954.11
A-4   760947SZ5       177,268.15       160,393.26     0.000000  %        712.63
A-5   7609474J7             0.00             0.00     0.514755  %          0.00
R     760947TA9           100.00             0.00     6.750000  %          0.00
M-1   760947TB7     1,493,000.00     1,413,642.13     6.750000  %      5,413.79
M-2   760947TC5       597,000.00       565,267.46     6.750000  %      2,164.79
M-3   760947TD3       597,000.00       565,267.46     6.750000  %      2,164.79
B-1                   597,000.00       565,267.46     6.750000  %      2,164.79
B-2                   299,000.00       283,107.18     6.750000  %      1,084.21
B-3                   298,952.57       283,062.29     6.750000  %      1,084.03

- -------------------------------------------------------------------------------
                  119,444,684.72   100,197,379.17                    954,289.11
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       239,328.18    861,874.15             0.00         0.00  41,955,836.23
A-2       119,579.09    119,579.09             0.00         0.00  21,274,070.00
A-3       182,728.89    499,683.00             0.00         0.00  32,191,965.62
A-4             0.00        712.63             0.00         0.00     159,680.63
A-5        42,949.42     42,949.42             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         7,945.92     13,359.71             0.00         0.00   1,408,228.34
M-2         3,177.30      5,342.09             0.00         0.00     563,102.67
M-3         3,177.30      5,342.09             0.00         0.00     563,102.67
B-1         3,177.30      5,342.09             0.00         0.00     563,102.67
B-2         1,591.31      2,675.52             0.00         0.00     282,022.97
B-3         1,591.07      2,675.10             0.00         0.00     281,978.26

- -------------------------------------------------------------------------------
          605,245.78  1,559,534.89             0.00         0.00  99,243,090.06
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    771.566226  11.281205     4.336885    15.618090   0.000000    760.285021
A-2   1000.000000   0.000000     5.620884     5.620884   0.000000   1000.000000
A-3    835.126472   8.142281     4.694150    12.836431   0.000000    826.984191
A-4    904.805855   4.020068     0.000000     4.020068   0.000000    900.785787
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    946.846705   3.626115     5.322117     8.948232   0.000000    943.220589
M-2    946.846667   3.626114     5.322111     8.948225   0.000000    943.220553
M-3    946.846667   3.626114     5.322111     8.948225   0.000000    943.220553
B-1    946.846667   3.626114     5.322111     8.948225   0.000000    943.220553
B-2    946.846756   3.626120     5.322107     8.948227   0.000000    943.220636
B-3    946.846819   3.626027     5.322149     8.948176   0.000000    943.220726

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:33                                        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                       22,094.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,189.54

SUBSERVICER ADVANCES THIS MONTH                                        4,421.09
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     450,842.22

 (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                                                      99,243,090.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          351

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                      570,498.49

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.32574500 %     2.54323600 %    1.13101860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.30459060 %     2.55376337 %    1.13753040 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,071,844.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,128,553.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.57602370
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              156.10

POOL TRADING FACTOR:                                                83.08707105


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


Run:        07/23/97     15:34:34                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    59,609,822.96     6.625000  %    826,853.23
A-2   760947UL3    50,000,000.00    42,350,132.70     6.625000  %    753,895.59
A-3   760947UM1    12,000,000.00    12,000,000.00     6.625000  %          0.00
A-4   760947UN9    10,424,000.00     9,057,000.68     6.000000  %     95,474.16
A-5   760947UP4    40,000,000.00    36,048,314.81     6.625000  %    486,240.10
A-6   760947UQ2     9,032,000.00     9,032,000.00     7.000000  %          0.00
A-7   760947UR0     9,317,000.00     6,262,468.42     8.000000  %          0.00
A-8   760947US8     1,331,000.00       894,638.35     0.000000  %          0.00
A-9   760947UT6    67,509,000.00    66,174,548.15     0.000000  %    295,653.49
A-10  760947UU3    27,446,000.00    27,115,172.53     7.000000  %     45,241.23
A-11  760947UV1    15,000,000.00    14,819,193.61     7.000000  %     24,725.59
A-12  760947UW9    72,100,000.00    63,208,708.29     6.625000  %  1,094,040.23
A-13  760947UX7    17,900,000.00    17,900,000.00     6.625000  %          0.00
A-14  7609474A6             0.00             0.00     0.638607  %          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     9,434,886.60     7.000000  %          0.00
M-2   760947VB4     5,306,000.00     5,242,042.75     7.000000  %          0.00
M-3   760947VC2     4,669,000.00     4,612,720.99     7.000000  %          0.00
B-1                 2,335,000.00     2,306,854.47     7.000000  %          0.00
B-2                   849,000.00       838,766.36     7.000000  %          0.00
B-3                 1,698,373.98     1,677,902.21     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  424,466,573.98   388,585,173.88                  3,622,123.62
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       329,095.90  1,155,949.13             0.00         0.00  58,782,969.73
A-2       233,808.02    987,703.61             0.00         0.00  41,596,237.11
A-3        66,250.00     66,250.00             0.00         0.00  12,000,000.00
A-4        45,285.00    140,759.16             0.00         0.00   8,961,526.52
A-5       199,016.74    685,256.84             0.00         0.00  35,562,074.71
A-6        52,686.67     52,686.67             0.00         0.00   9,032,000.00
A-7        41,749.79     41,749.79             0.00         0.00   6,262,468.42
A-8             0.00          0.00             0.00         0.00     894,638.35
A-9       370,315.59    665,969.08        95,474.16         0.00  65,974,368.82
A-10      158,171.84    203,413.07             0.00         0.00  27,069,931.30
A-11       86,445.30    111,170.89             0.00         0.00  14,794,468.02
A-12      348,964.74  1,443,004.97             0.00         0.00  62,114,668.06
A-13       98,822.92     98,822.92             0.00         0.00  17,900,000.00
A-14      206,794.25    206,794.25             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-1         9,696.30      9,696.30             0.00         0.00   9,434,886.60
M-2             0.00          0.00             0.00         0.00   5,242,042.75
M-3             0.00          0.00             0.00         0.00   4,612,720.99
B-1             0.00          0.00             0.00         0.00   2,306,854.47
B-2             0.00          0.00             0.00         0.00     838,766.36
B-3             0.00          0.00             0.00         0.00   1,613,391.39

- -------------------------------------------------------------------------------
        2,247,103.06  5,869,226.68        95,474.16         0.00 384,994,013.60
===============================================================================





































Run:        07/23/97     15:34:34
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    876.615044  12.159606     4.839646    16.999252   0.000000    864.455437
A-2    847.002654  15.077912     4.676160    19.754072   0.000000    831.924742
A-3   1000.000000   0.000000     5.520833     5.520833   0.000000   1000.000000
A-4    868.860388   9.159071     4.344302    13.503373   0.000000    859.701316
A-5    901.207870  12.156003     4.975419    17.131422   0.000000    889.051868
A-6   1000.000000   0.000000     5.833334     5.833334   0.000000   1000.000000
A-7    672.155031   0.000000     4.481034     4.481034   0.000000    672.155031
A-8    672.155034   0.000000     0.000000     0.000000   0.000000    672.155034
A-9    980.232979   4.379468     5.485425     9.864893   1.414243    977.267754
A-10   987.946241   1.648372     5.763020     7.411392   0.000000    986.297869
A-11   987.946241   1.648373     5.763020     7.411393   0.000000    986.297868
A-12   876.681114  15.173928     4.840010    20.013938   0.000000    861.507185
A-13  1000.000000   0.000000     5.520834     5.520834   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    987.946241   0.000000     1.015319     1.015319   0.000000    987.946241
M-2    987.946240   0.000000     0.000000     0.000000   0.000000    987.946240
M-3    987.946239   0.000000     0.000000     0.000000   0.000000    987.946239
B-1    987.946240   0.000000     0.000000     0.000000   0.000000    987.946240
B-2    987.946243   0.000000     0.000000     0.000000   0.000000    987.946243
B-3    987.946253   0.000000     0.000000     0.000000   0.000000    949.962381

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:34                                        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                       86,269.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       63,708.19
MASTER SERVICER ADVANCES THIS MONTH                                      762.60


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   4,306,352.41

 (B)  TWO MONTHLY PAYMENTS:                                    2     586,569.68

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3   1,224,298.52


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      2,692,434.08

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     384,994,013.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,334

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                 100,451.63

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,942,812.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      333,214.35

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.79462340 %     4.96407300 %    1.24130390 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.75349700 %     5.01037670 %    1.23612630 %

      BANKRUPTCY AMOUNT AVAILABLE                         164,251.00
      FRAUD AMOUNT AVAILABLE                            7,909,719.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,954,859.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.96115214
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              335.83

POOL TRADING FACTOR:                                                90.70066695


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


Run:        07/23/97     15:34:35                                    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    14,148,068.66     5.000000  %  1,622,888.23
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   118,772,954.40     6.375000  %  1,391,932.21
A-6   760947VW8   123,614,000.00   127,579,987.50     0.000000  %    210,091.82
A-7   760947VJ7    66,675,000.00    59,909,310.13     7.000000  %    637,048.12
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    19,763,468.73     7.000000  %     16,142.13
A-12  760947VP3    38,585,000.00    38,128,672.06     7.000000  %     31,142.21
A-13  760947VQ1       698,595.74       670,704.95     0.000000  %        810.72
A-14  7609474B4             0.00             0.00     0.598356  %          0.00
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    12,405,529.32     7.000000  %     10,132.42
M-2   760947VU2     6,974,500.00     6,892,015.64     7.000000  %      5,629.17
M-3   760947VV0     6,137,500.00     6,064,914.46     7.000000  %      4,953.62
B-1   760947VX6     3,069,000.00     3,032,704.29     7.000000  %      2,477.01
B-2   760947VY4     1,116,000.00     1,102,801.56     7.000000  %        900.73
B-3                 2,231,665.53     2,205,272.61     7.000000  %      1,801.18

- -------------------------------------------------------------------------------
                  557,958,461.27   520,774,404.31                  3,935,949.57
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        58,915.81  1,681,804.04             0.00         0.00  12,525,180.43
A-2       122,928.05    122,928.05             0.00         0.00  28,800,000.00
A-3       126,090.78    126,090.78             0.00         0.00  26,330,000.00
A-4       167,129.17    167,129.17             0.00         0.00  34,157,000.00
A-5       630,612.25  2,022,544.46             0.00         0.00 117,381,022.19
A-6       469,190.11    679,281.93       464,370.41         0.00 127,834,266.09
A-7       349,266.57    986,314.69             0.00         0.00  59,272,262.01
A-8        60,841.06     60,841.06             0.00         0.00  10,436,000.00
A-9        38,185.98     38,185.98             0.00         0.00   6,550,000.00
A-10       22,299.45     22,299.45             0.00         0.00   3,825,000.00
A-11      115,219.47    131,361.60             0.00         0.00  19,747,326.60
A-12      222,287.15    253,429.36             0.00         0.00  38,097,529.85
A-13            0.00        810.72             0.00         0.00     669,894.23
A-14      259,521.80    259,521.80             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        72,323.26     82,455.68             0.00         0.00  12,395,396.90
M-2        40,179.90     45,809.07             0.00         0.00   6,886,386.47
M-3        35,357.98     40,311.60             0.00         0.00   6,059,960.84
B-1        17,680.43     20,157.44             0.00         0.00   3,030,227.28
B-2         6,429.25      7,329.98             0.00         0.00   1,101,900.83
B-3        12,856.57     14,657.75             0.00         0.00   2,203,471.43

- -------------------------------------------------------------------------------
        2,827,315.04  6,763,264.61       464,370.41         0.00 517,302,825.15
===============================================================================





































Run:        07/23/97     15:34:35
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    477.491349  54.771793     1.988384    56.760177   0.000000    422.719556
A-2   1000.000000   0.000000     4.268335     4.268335   0.000000   1000.000000
A-3   1000.000000   0.000000     4.788864     4.788864   0.000000   1000.000000
A-4   1000.000000   0.000000     4.892970     4.892970   0.000000   1000.000000
A-5    869.653702  10.191706     4.617333    14.809039   0.000000    859.461997
A-6   1032.083643   1.699579     3.795607     5.495186   3.756617   1034.140681
A-7    898.527336   9.554527     5.238344    14.792871   0.000000    888.972809
A-8   1000.000000   0.000000     5.829921     5.829921   0.000000   1000.000000
A-9   1000.000000   0.000000     5.829921     5.829921   0.000000   1000.000000
A-10  1000.000000   0.000000     5.829922     5.829922   0.000000   1000.000000
A-11   988.173437   0.807107     5.760974     6.568081   0.000000    987.366330
A-12   988.173437   0.807107     5.760973     6.568080   0.000000    987.366330
A-13   960.075923   1.160499     0.000000     1.160499   0.000000    958.915424
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    988.173436   0.807107     5.760973     6.568080   0.000000    987.366330
M-2    988.173438   0.807107     5.760972     6.568079   0.000000    987.366330
M-3    988.173435   0.807107     5.760974     6.568081   0.000000    987.366328
B-1    988.173441   0.807107     5.760974     6.568081   0.000000    987.366334
B-2    988.173441   0.807106     5.760977     6.568083   0.000000    987.366335
B-3    988.173443   0.807106     5.760975     6.568081   0.000000    987.366342

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:36                                        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                      108,091.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,341.23

SUBSERVICER ADVANCES THIS MONTH                                       39,654.90
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   3,159,398.13

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     422,483.62


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,929,300.38

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     517,302,825.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,764

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                    3,046,128.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.90443910 %     4.87642400 %    1.21913740 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.86850090 %     4.89882192 %    1.22632510 %

      BANKRUPTCY AMOUNT AVAILABLE                         192,798.00
      FRAUD AMOUNT AVAILABLE                            5,303,552.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,303,552.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.89504897
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              336.56

POOL TRADING FACTOR:                                                92.71350128


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


Run:        07/23/97     15:34:37                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    52,899,976.45     6.750000  %    365,397.02
A-2   760947UB5    39,034,000.00    33,353,386.12     6.750000  %    287,497.51
A-3   760947UC3     6,047,000.00     6,047,000.00     6.750000  %          0.00
A-4   760947UD1     5,000,000.00     4,754,342.52     6.750000  %     17,493.29
A-5   760947UE9       229,143.79       216,154.55     0.000000  %      1,099.51
A-6   7609474C2             0.00             0.00     0.509950  %          0.00
R     760947UF6           100.00             0.00     6.750000  %          0.00
M-1   760947UG4     1,425,200.00     1,355,177.59     6.750000  %      4,986.29
M-2   760947UH2       570,100.00       542,090.06     6.750000  %      1,994.58
M-3   760947UJ8       570,100.00       542,090.06     6.750000  %      1,994.58
B-1                   570,100.00       542,090.06     6.750000  %      1,994.58
B-2                   285,000.00       270,997.48     6.750000  %        997.12
B-3                   285,969.55       271,919.32     6.750000  %      1,000.51

- -------------------------------------------------------------------------------
                  114,016,713.34   100,795,224.21                    684,454.99
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       297,340.12    662,737.14             0.00         0.00  52,534,579.43
A-2       187,472.67    474,970.18             0.00         0.00  33,065,888.61
A-3        33,988.98     33,988.98             0.00         0.00   6,047,000.00
A-4        26,723.21     44,216.50             0.00         0.00   4,736,849.23
A-5             0.00      1,099.51             0.00         0.00     215,055.04
A-6        42,801.79     42,801.79             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         7,617.18     12,603.47             0.00         0.00   1,350,191.30
M-2         3,046.98      5,041.56             0.00         0.00     540,095.48
M-3         3,046.98      5,041.56             0.00         0.00     540,095.48
B-1         3,046.98      5,041.56             0.00         0.00     540,095.48
B-2         1,523.22      2,520.34             0.00         0.00     270,000.36
B-3         1,528.41      2,528.92             0.00         0.00     270,918.81

- -------------------------------------------------------------------------------
          608,136.52  1,292,591.51             0.00         0.00 100,110,769.22
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    881.666274   6.089950     4.955669    11.045619   0.000000    875.576324
A-2    854.470106   7.365310     4.802804    12.168114   0.000000    847.104796
A-3   1000.000000   0.000000     5.620800     5.620800   0.000000   1000.000000
A-4    950.868504   3.498658     5.344642     8.843300   0.000000    947.369846
A-5    943.314021   4.798341     0.000000     4.798341   0.000000    938.515681
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    950.868362   3.498660     5.344639     8.843299   0.000000    947.369703
M-2    950.868374   3.498649     5.344641     8.843290   0.000000    947.369725
M-3    950.868374   3.498649     5.344641     8.843290   0.000000    947.369725
B-1    950.868374   3.498649     5.344641     8.843290   0.000000    947.369725
B-2    950.868351   3.498667     5.344632     8.843299   0.000000    947.369684
B-3    950.868091   3.498624     5.344660     8.843284   0.000000    947.369431

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:37                                        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                       21,469.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,284.20

SUBSERVICER ADVANCES THIS MONTH                                       32,221.81
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,286,772.37

 (B)  TWO MONTHLY PAYMENTS:                                    2     693,939.22

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     248,713.29


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     100,110,769.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          365

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                      313,560.49

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.49592650 %     2.42531300 %    1.07876010 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.48493740 %     2.42769312 %    1.08214320 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,040,911.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     644,114.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.56366328
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              158.70

POOL TRADING FACTOR:                                                87.80359150


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


Run:        07/23/97     15:34:41                                    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   128,943,982.50     0.000000  %    160,718.56
A-2   760947WF4    20,813,863.00    18,991,171.51     7.250000  %    194,629.91
A-3   760947WG2     6,939,616.00     6,412,194.62     7.250000  %     68,471.52
A-4   760947WH0     3,076,344.00     2,649,989.79     6.100000  %     48,430.27
A-5   760947WJ6    74,488,122.00    74,488,122.00     6.300000  %          0.00
A-6   760947WK3    22,340,000.00    13,993,396.82     7.250000  %    855,494.14
A-7   760947WL1    30,014,887.00    29,694,706.29     7.250000  %     24,153.09
A-8   760947WM9    49,964,458.00    44,886,202.96     7.250000  %    659,275.16
A-9   760947WN7    16,853,351.00    16,853,351.00     7.250000  %          0.00
A-10  760947WP2    18,008,933.00    17,742,115.71     7.250000  %     20,127.57
A-11  760947WQ0     7,003,473.00     7,003,473.00     7.250000  %          0.00
A-12  760947WR8    95,117,613.00    86,759,133.02     7.250000  %    822,031.51
A-13  760947WS6    11,709,319.00    12,739,074.48     7.250000  %          0.00
A-14  760947WT4    67,096,213.00    57,797,268.34     6.730000  %  1,056,282.30
A-15  760947WU1     1,955,837.23     1,878,489.80     0.000000  %      3,420.34
A-16  7609474D0             0.00             0.00     0.364638  %          0.00
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    13,042,569.56     7.250000  %     10,608.57
M-2   760947WY3     7,909,900.00     7,825,521.95     7.250000  %      6,365.12
M-3   760947WZ0     5,859,200.00     5,796,697.58     7.250000  %      4,714.92
B-1                 3,222,600.00     3,188,223.23     7.250000  %      2,593.24
B-2                 1,171,800.00     1,159,299.94     7.250000  %        942.95
B-3                 2,343,649.31     2,318,648.66     7.250000  %      1,885.90

- -------------------------------------------------------------------------------
                  585,919,116.54   554,163,632.76                  3,940,145.07
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       550,824.44    711,543.00       314,496.23         0.00 129,097,760.17
A-2       114,702.43    309,332.34             0.00         0.00  18,796,541.60
A-3        38,728.23    107,199.75             0.00         0.00   6,343,723.10
A-4        13,466.57     61,896.84             0.00         0.00   2,601,559.52
A-5       390,940.33    390,940.33             0.00         0.00  74,488,122.00
A-6        84,517.00    940,011.14             0.00         0.00  13,137,902.68
A-7       179,349.41    203,502.50             0.00         0.00  29,670,553.20
A-8       271,102.67    930,377.83             0.00         0.00  44,226,927.80
A-9       101,790.48    101,790.48             0.00         0.00  16,853,351.00
A-10      107,158.43    127,286.00             0.00         0.00  17,721,988.14
A-11       42,299.42     42,299.42             0.00         0.00   7,003,473.00
A-12      524,005.83  1,346,037.34             0.00         0.00  85,937,101.51
A-13            0.00          0.00        76,941.17         0.00  12,816,015.65
A-14      324,044.97  1,380,327.27             0.00         0.00  56,740,986.04
A-15            0.00      3,420.34             0.00         0.00   1,875,069.46
A-16      168,338.06    168,338.06             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        78,774.22     89,382.79             0.00         0.00  13,031,960.99
M-2        47,264.41     53,629.53             0.00         0.00   7,819,156.83
M-3        35,010.76     39,725.68             0.00         0.00   5,791,982.66
B-1        19,256.16     21,849.40             0.00         0.00   3,185,629.99
B-2         7,001.91      7,944.86             0.00         0.00   1,158,356.99
B-3        14,004.12     15,890.02             0.00         0.00   2,316,762.76

- -------------------------------------------------------------------------------
        3,112,579.85  7,052,724.92       391,437.40         0.00 550,614,925.09
===============================================================================

































Run:        07/23/97     15:34:41
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   1016.535292   1.267032     4.342448     5.609480   2.479344   1017.747604
A-2    912.428967   9.350975     5.510867    14.861842   0.000000    903.077992
A-3    923.998478   9.866759     5.580745    15.447504   0.000000    914.131719
A-4    861.408799  15.742801     4.377459    20.120260   0.000000    845.665998
A-5   1000.000000   0.000000     5.248358     5.248358   0.000000   1000.000000
A-6    626.383027  38.294277     3.783214    42.077491   0.000000    588.088750
A-7    989.332603   0.804704     5.975348     6.780052   0.000000    988.527900
A-8    898.362651  13.194883     5.425910    18.620793   0.000000    885.167769
A-9   1000.000000   0.000000     6.039777     6.039777   0.000000   1000.000000
A-10   985.184170   1.117644     5.950293     7.067937   0.000000    984.066526
A-11  1000.000000   0.000000     6.039778     6.039778   0.000000   1000.000000
A-12   912.124792   8.642264     5.509030    14.151294   0.000000    903.482529
A-13  1087.943242   0.000000     0.000000     0.000000   6.570935   1094.514177
A-14   861.408800  15.742801     4.829557    20.572358   0.000000    845.666000
A-15   960.453033   1.748786     0.000000     1.748786   0.000000    958.704248
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    989.332602   0.804704     5.975349     6.780053   0.000000    988.527898
M-2    989.332602   0.804703     5.975349     6.780052   0.000000    988.527899
M-3    989.332602   0.804704     5.975348     6.780052   0.000000    988.527898
B-1    989.332598   0.804704     5.975349     6.780053   0.000000    988.527894
B-2    989.332599   0.804702     5.975346     6.780048   0.000000    988.527897
B-3    989.332598   0.804702     5.975348     6.780050   0.000000    988.527912

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:42                                        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                      115,101.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,885.87

SUBSERVICER ADVANCES THIS MONTH                                       80,993.70
MASTER SERVICER ADVANCES THIS MONTH                                    3,349.58


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    28   7,286,079.21

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,033,177.91

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     262,297.57


FORECLOSURES
  NUMBER OF LOANS                                                            11
  AGGREGATE PRINCIPAL BALANCE                                      2,804,490.82

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     550,614,925.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,919

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                 455,056.77

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,097,743.37

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.96490000 %     4.82808400 %    1.20701630 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.93084900 %     4.83879010 %    1.21382650 %

      BANKRUPTCY AMOUNT AVAILABLE                         188,469.00
      FRAUD AMOUNT AVAILABLE                            5,598,551.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,598,551.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.88229832
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              338.77

POOL TRADING FACTOR:                                                93.97456228


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


Run:        07/23/97     15:34:43                                    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    97,989,824.82     7.000000  %    993,999.29
A-2   760947WA5     1,458,253.68     1,329,472.51     0.000000  %     23,717.59
A-3   7609474F5             0.00             0.00     0.239368  %          0.00
R     760947WB3           100.00             0.00     7.000000  %          0.00
M-1   760947WC1     1,442,000.00     1,375,336.58     7.000000  %      5,070.71
M-2   760947WD9       865,000.00       825,011.19     7.000000  %      3,041.72
M-3   760947WE7       288,000.00       274,685.79     7.000000  %      1,012.74
B-1                   576,700.00       550,039.25     7.000000  %      2,027.93
B-2                   288,500.00       275,162.69     7.000000  %      1,014.49
B-3                   288,451.95       275,117.03     7.000000  %      1,014.33

- -------------------------------------------------------------------------------
                  115,330,005.63   102,894,649.86                  1,030,898.80
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       571,105.66  1,565,104.95             0.00         0.00  96,995,825.53
A-2             0.00     23,717.59             0.00         0.00   1,305,754.92
A-3        20,506.76     20,506.76             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,015.76     13,086.47             0.00         0.00   1,370,265.87
M-2         4,808.35      7,850.07             0.00         0.00     821,969.47
M-3         1,600.92      2,613.66             0.00         0.00     273,673.05
B-1         3,205.74      5,233.67             0.00         0.00     548,011.32
B-2         1,603.71      2,618.20             0.00         0.00     274,148.20
B-3         1,603.44      2,617.77             0.00         0.00     274,102.70

- -------------------------------------------------------------------------------
          612,450.34  1,643,349.14             0.00         0.00 101,863,751.06
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    889.821607   9.026264     5.186071    14.212335   0.000000    880.795343
A-2    911.688088  16.264379     0.000000    16.264379   0.000000    895.423710
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    953.770166   3.516442     5.558779     9.075221   0.000000    950.253724
M-2    953.770162   3.516439     5.558786     9.075225   0.000000    950.253723
M-3    953.770104   3.516458     5.558750     9.075208   0.000000    950.253646
B-1    953.770158   3.516438     5.558765     9.075203   0.000000    950.253719
B-2    953.770156   3.516430     5.558787     9.075217   0.000000    950.253726
B-3    953.770741   3.516461     5.558777     9.075238   0.000000    950.254280

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:43                                        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                       21,337.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,518.41

SUBSERVICER ADVANCES THIS MONTH                                        3,971.90
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     395,004.89

 (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                                                     101,863,751.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          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                      651,379.02

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.47974570 %     2.43689200 %    1.08336240 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.45759590 %     2.42079087 %    1.09017910 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,054,900.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     643,800.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.44996639
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              159.50

POOL TRADING FACTOR:                                                88.32371984


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


Run:        07/23/97     15:34:44                                    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    53,216,842.72     6.150000  %  1,688,530.79
R                           0.00       911,833.71     0.000000  %          0.00

- -------------------------------------------------------------------------------
                   91,183,371.00    54,128,676.43                  1,688,530.79
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         272,679.92  1,961,210.71             0.00         0.00  51,528,311.93
R          88,721.37     88,721.37             0.00         0.00     911,833.71

- -------------------------------------------------------------------------------
          361,401.29  2,049,932.08             0.00         0.00  52,440,145.64
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      583.624428  18.517968     2.990457    21.508425   0.000000    565.106459

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:44                                        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                       12,240.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       18,512.28
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,239,136.89

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     315,962.29


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        873,296.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      52,440,145.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          206

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                    1,647,192.84

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          98.31543320 %     1.68456680 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             98.26119150 %     1.73880850 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.49477270
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              329.64

POOL TRADING FACTOR:                                                57.51064593


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


Run:        07/23/97     15:34:44                                    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   167,804,392.36     7.500000  %  1,163,130.75
A-2   760947XD8    75,497,074.00    64,545,144.57     7.500000  %    678,639.71
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     6,088,926.43     0.000000  %      7,951.37
A-9   7609474E8             0.00             0.00     0.212404  %          0.00
R     760947XL0           100.00             0.00     7.500000  %          0.00
M-1   760947XM8     9,380,900.00     9,291,426.68     7.500000  %     15,617.32
M-2   760947XN6     6,700,600.00     6,636,690.87     7.500000  %     11,155.16
M-3   760947XP1     5,896,500.00     5,840,260.27     7.500000  %      9,816.49
B-1                 2,948,300.00     2,920,179.65     7.500000  %      4,908.33
B-2                 1,072,100.00     1,061,874.49     7.500000  %      1,784.83
B-3                 2,144,237.43     2,123,786.09     7.500000  %      3,569.72

- -------------------------------------------------------------------------------
                  536,050,225.54   505,815,607.41                  1,896,573.68
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1     1,047,973.32  2,211,104.07             0.00         0.00 166,641,261.61
A-2       403,097.85  1,081,737.56             0.00         0.00  63,866,504.86
A-3       208,352.17    208,352.17             0.00         0.00  33,361,926.00
A-4       433,017.74    433,017.74             0.00         0.00  69,336,000.00
A-5       526,502.26    526,502.26             0.00         0.00  84,305,000.00
A-6       236,719.02    236,719.02             0.00         0.00  37,904,105.00
A-7        91,154.40     91,154.40             0.00         0.00  14,595,895.00
A-8             0.00      7,951.37             0.00         0.00   6,080,975.06
A-9        89,462.20     89,462.20             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        58,026.90     73,644.22             0.00         0.00   9,275,809.36
M-2        41,447.52     52,602.68             0.00         0.00   6,625,535.71
M-3        36,473.64     46,290.13             0.00         0.00   5,830,443.78
B-1        18,237.13     23,145.46             0.00         0.00   2,915,271.32
B-2         6,631.63      8,416.46             0.00         0.00   1,060,089.66
B-3        13,263.48     16,833.20             0.00         0.00   2,120,216.37

- -------------------------------------------------------------------------------
        3,210,359.26  5,106,932.94             0.00         0.00 503,919,033.73
===============================================================================

















































Run:        07/23/97     15:34:44
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    899.393441   6.234117     5.616899    11.851016   0.000000    893.159324
A-2    854.935710   8.988954     5.339251    14.328205   0.000000    845.946756
A-3   1000.000000   0.000000     6.245208     6.245208   0.000000   1000.000000
A-4   1000.000000   0.000000     6.245208     6.245208   0.000000   1000.000000
A-5   1000.000000   0.000000     6.245208     6.245208   0.000000   1000.000000
A-6   1000.000000   0.000000     6.245208     6.245208   0.000000   1000.000000
A-7   1000.000000   0.000000     6.245208     6.245208   0.000000   1000.000000
A-8    961.548085   1.255661     0.000000     1.255661   0.000000    960.292424
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    990.462182   1.664800     6.185643     7.850443   0.000000    988.797382
M-2    990.462178   1.664800     6.185643     7.850443   0.000000    988.797378
M-3    990.462184   1.664799     6.185642     7.850441   0.000000    988.797385
B-1    990.462182   1.664800     6.185643     7.850443   0.000000    988.797382
B-2    990.462168   1.664798     6.185645     7.850443   0.000000    988.797370
B-3    990.462185   1.664783     6.185640     7.850423   0.000000    988.797388

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:45                                        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                      105,824.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    18,199.89

SUBSERVICER ADVANCES THIS MONTH                                       68,201.10
MASTER SERVICER ADVANCES THIS MONTH                                    2,126.16


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    24   7,135,611.33

 (B)  TWO MONTHLY PAYMENTS:                                    1     352,718.20

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     661,655.41


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,274,592.94

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     503,919,033.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,772

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                 289,273.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,051,349.84

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      444,583.92

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.42210730 %     4.35605700 %    1.22183590 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.41035780 %     4.31255567 %    1.22440970 %

      BANKRUPTCY AMOUNT AVAILABLE                         175,406.00
      FRAUD AMOUNT AVAILABLE                            5,102,211.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,102,211.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.91563490
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              340.22

POOL TRADING FACTOR:                                                94.00593633


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


Run:        07/23/97     15:34:46                                    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    66,716,382.08     7.000000  %  1,337,244.85
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    19,082,043.51     7.000000  %     73,830.06
A-6   760947XV8     2,531,159.46     2,362,439.13     0.000000  %     22,849.15
A-7   7609474G3             0.00             0.00     0.356426  %          0.00
R     760947XW6           100.00             0.00     7.000000  %          0.00
M-1   760947XX4     2,368,100.00     2,259,407.98     7.000000  %      8,741.84
M-2   760947XY2       789,000.00       752,786.16     7.000000  %      2,912.59
M-3   760947XZ9       394,500.00       376,393.07     7.000000  %      1,456.30
B-1                   789,000.00       752,786.16     7.000000  %      2,912.59
B-2                   394,500.00       376,393.07     7.000000  %      1,456.30
B-3                   394,216.33       376,122.44     7.000000  %      1,455.25

- -------------------------------------------------------------------------------
                  157,805,575.79   143,449,753.60                  1,452,858.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       388,966.26  1,726,211.11             0.00         0.00  65,379,137.23
A-2        80,456.02     80,456.02             0.00         0.00  13,800,000.00
A-3       106,983.19    106,983.19             0.00         0.00  18,350,000.00
A-4       106,371.02    106,371.02             0.00         0.00  18,245,000.00
A-5       111,251.10    185,081.16             0.00         0.00  19,008,213.45
A-6             0.00     22,849.15             0.00         0.00   2,339,589.98
A-7        42,584.34     42,584.34             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        13,172.68     21,914.52             0.00         0.00   2,250,666.14
M-2         4,388.85      7,301.44             0.00         0.00     749,873.57
M-3         2,194.43      3,650.73             0.00         0.00     374,936.77
B-1         4,388.85      7,301.44             0.00         0.00     749,873.57
B-2         2,194.43      3,650.73             0.00         0.00     374,936.77
B-3         2,192.85      3,648.10             0.00         0.00     374,667.19

- -------------------------------------------------------------------------------
          865,144.02  2,318,002.95             0.00         0.00 141,996,894.67
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    836.569054  16.767961     4.877320    21.645281   0.000000    819.801094
A-2   1000.000000   0.000000     5.830146     5.830146   0.000000   1000.000000
A-3   1000.000000   0.000000     5.830147     5.830147   0.000000   1000.000000
A-4   1000.000000   0.000000     5.830146     5.830146   0.000000   1000.000000
A-5    954.102176   3.691503     5.562555     9.254058   0.000000    950.410672
A-6    933.342671   9.027148     0.000000     9.027148   0.000000    924.315523
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    954.101592   3.691500     5.562552     9.254052   0.000000    950.410093
M-2    954.101597   3.691496     5.562548     9.254044   0.000000    950.410101
M-3    954.101572   3.691508     5.562560     9.254068   0.000000    950.410063
B-1    954.101597   3.691496     5.562548     9.254044   0.000000    950.410101
B-2    954.101572   3.691508     5.562560     9.254068   0.000000    950.410063
B-3    954.101622   3.691501     5.562555     9.254056   0.000000    950.410126

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:46                                        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                       29,830.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,503.74

SUBSERVICER ADVANCES THIS MONTH                                       17,591.88
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,470,850.15

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        325,682.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     141,996,894.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          604

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                      896,440.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.53130480 %     2.40176600 %    1.06692910 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.50934550 %     2.37714810 %    1.07368360 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,448,877.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     789,028.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.55329652
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              154.78

POOL TRADING FACTOR:                                                89.98217836


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


Run:        07/23/97     15:34:47                                    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    28,770,868.07     7.500000  %    363,403.58
A-2   760947YB1   105,040,087.00    97,021,981.35     7.500000  %  1,001,311.13
A-3   760947YC9     2,560,000.00     2,560,000.00     7.500000  %          0.00
A-4   760947YD7    33,579,740.00    33,209,904.24     7.500000  %     30,697.66
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     9,697,139.49     8.000000  %    100,078.91
A-12  760947YM7    59,143,468.00    54,628,824.22     7.000000  %    563,794.40
A-13  760947YN5    16,215,000.00    14,977,247.95     6.350000  %    154,572.03
A-14  760947YP0             0.00             0.00     2.650000  %          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     9,333,020.39     0.000000  %     30,153.48
A-19  760947H53             0.00             0.00     0.203328  %          0.00
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    10,903,475.51     7.500000  %     10,078.65
M-2   760947YX3     3,675,000.00     3,634,524.80     7.500000  %      3,359.58
M-3   760947YY1     1,837,500.00     1,817,262.42     7.500000  %      1,679.79
B-1                 2,756,200.00     2,725,844.15     7.500000  %      2,519.64
B-2                 1,286,200.00     1,272,034.21     7.500000  %      1,175.81
B-3                 1,470,031.75     1,453,841.27     7.500000  %      1,343.86

- -------------------------------------------------------------------------------
                  367,497,079.85   349,085,480.07                  2,264,168.52
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       179,684.74    543,088.32             0.00         0.00  28,407,464.49
A-2       605,938.25  1,607,249.38             0.00         0.00  96,020,670.22
A-3        16,000.00     16,000.00             0.00         0.00   2,560,000.00
A-4       207,408.16    238,105.82             0.00         0.00  33,179,206.58
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       169,767.52    169,767.52             0.00         0.00  27,457,512.00
A-8        81,202.31     81,202.31             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       64,599.72    164,678.63             0.00         0.00   9,597,060.58
A-12      318,432.11    882,226.51             0.00         0.00  54,065,029.82
A-13       79,195.90    233,767.93             0.00         0.00  14,822,675.92
A-14       33,050.26     33,050.26             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       15,176.25     15,176.25             0.00         0.00   2,430,000.00
A-18            0.00     30,153.48             0.00         0.00   9,302,866.91
A-19       59,105.28     59,105.28             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        68,096.25     78,174.90             0.00         0.00  10,893,396.86
M-2        22,698.96     26,058.54             0.00         0.00   3,631,165.22
M-3        11,349.48     13,029.27             0.00         0.00   1,815,582.63
B-1        17,023.91     19,543.55             0.00         0.00   2,723,324.51
B-2         7,944.32      9,120.13             0.00         0.00   1,270,858.40
B-3         9,079.78     10,423.64             0.00         0.00   1,452,497.41

- -------------------------------------------------------------------------------
        2,178,950.70  4,443,119.22             0.00         0.00 346,821,311.55
===============================================================================



























Run:        07/23/97     15:34:47
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    908.146659  11.470761     5.671713    17.142474   0.000000    896.675898
A-2    923.666232   9.532657     5.768638    15.301295   0.000000    914.133575
A-3   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-4    988.986342   0.914172     6.176586     7.090758   0.000000    988.072170
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     6.182917     6.182917   0.000000   1000.000000
A-8   1000.000000   0.000000     6.245371     6.245371   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   923.666232   9.532658     6.153215    15.685873   0.000000    914.133574
A-12   923.666232   9.532657     5.384062    14.916719   0.000000    914.133575
A-13   923.666232   9.532657     4.884113    14.416770   0.000000    914.133575
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     6.245370     6.245370   0.000000   1000.000000
A-18   967.167596   3.124762     0.000000     3.124762   0.000000    964.042834
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    988.986341   0.914172     6.176587     7.090759   0.000000    988.072169
M-2    988.986340   0.914171     6.176588     7.090759   0.000000    988.072169
M-3    988.986351   0.914171     6.176588     7.090759   0.000000    988.072180
B-1    988.986340   0.914172     6.176587     7.090759   0.000000    988.072168
B-2    988.986324   0.914174     6.176582     7.090756   0.000000    988.072151
B-3    988.986306   0.914171     6.176588     7.090759   0.000000    988.072135

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:48                                        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                       72,579.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,436.58

SUBSERVICER ADVANCES THIS MONTH                                       24,308.29
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,974,099.01

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        390,033.09

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     346,821,311.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,369

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                    1,940,545.64

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.58150860 %     4.81387600 %    1.60461520 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.54499720 %     4.71140157 %    1.61374300 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            3,503,977.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,503,977.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.82981166
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              327.01

POOL TRADING FACTOR:                                                94.37389589


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


Run:        07/23/97     15:34:50                                    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    16,948,373.61     7.750000  %  2,234,908.93
A-2   760947ZU8   108,005,000.00    92,185,053.04     7.500000  %  1,718,016.65
A-3   760947ZV6    22,739,000.00    19,575,010.61     6.350000  %    343,603.33
A-4   760947ZW4             0.00             0.00     2.650000  %          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     1,764,049.91     7.750000  %     26,166.73
A-8   760947A27     4,558,000.00     4,082,105.28     7.750000  %     51,681.27
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     9,640,218.08     7.750000  %     57,395.95
A-18  760947B42    12,069,000.00    12,069,000.00     7.750000  %          0.00
A-19  760947B59     8,230,000.00     8,890,781.92     7.750000  %          0.00
A-20  760947B67    41,182,000.00    40,842,942.44     7.750000  %     29,984.63
A-21  760947B75    10,625,000.00    10,537,522.79     7.750000  %      7,736.07
A-22  760947B83     5,391,778.36     5,209,246.09     0.000000  %     17,283.43
A-23  7609474H1             0.00             0.00     0.326823  %          0.00
R-I   760947B91           100.00             0.00     7.750000  %          0.00
R-II  760947C25           100.00             0.00     7.750000  %          0.00
M-1   760947C33    10,108,600.00    10,025,374.41     7.750000  %      7,360.08
M-2   760947C41     6,317,900.00     6,265,883.80     7.750000  %      4,600.07
M-3   760947C58     5,559,700.00     5,513,926.15     7.750000  %      4,048.02
B-1                 2,527,200.00     2,506,393.17     7.750000  %      1,840.06
B-2                 1,263,600.00     1,253,196.60     7.750000  %        920.03
B-3                 2,022,128.94     2,005,480.44     7.750000  %      1,472.29

- -------------------------------------------------------------------------------
                  505,431,107.30   464,312,558.34                  4,507,017.54
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       109,413.11  2,344,322.04             0.00         0.00  14,713,464.68
A-2       575,918.99  2,293,935.64             0.00         0.00  90,467,036.39
A-3       103,541.71    447,145.04             0.00         0.00  19,231,407.28
A-4        43,210.32     43,210.32             0.00         0.00           0.00
A-5       182,271.06    182,271.06             0.00         0.00  25,743,000.00
A-6       482,482.21    482,482.21             0.00         0.00  77,229,000.00
A-7        11,388.12     37,554.85             0.00         0.00   1,737,883.18
A-8        26,352.73     78,034.00             0.00         0.00   4,030,424.01
A-9        34,652.37     34,652.37             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       33,043.87     33,043.87             0.00         0.00   5,667,000.00
A-13       96,079.11     96,079.11             0.00         0.00  15,379,000.00
A-14       64,086.89     64,086.89             0.00         0.00   9,617,000.00
A-15       95,793.81     95,793.81             0.00         0.00  14,375,000.00
A-16      293,410.21    293,410.21             0.00         0.00  45,450,000.00
A-17       62,234.07    119,630.02             0.00         0.00   9,582,822.13
A-18       77,913.49     77,913.49             0.00         0.00  12,069,000.00
A-19            0.00          0.00        57,395.95         0.00   8,948,177.87
A-20      263,668.57    293,653.20             0.00         0.00  40,812,957.81
A-21       68,026.77     75,762.84             0.00         0.00  10,529,786.72
A-22            0.00     17,283.43             0.00         0.00   5,191,962.66
A-23      126,404.44    126,404.44             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        64,720.51     72,080.59             0.00         0.00  10,018,014.33
M-2        40,450.48     45,050.55             0.00         0.00   6,261,283.73
M-3        35,596.09     39,644.11             0.00         0.00   5,509,878.13
B-1        16,180.44     18,020.50             0.00         0.00   2,504,553.11
B-2         8,090.22      9,010.25             0.00         0.00   1,252,276.57
B-3        12,946.72     14,419.01             0.00         0.00   2,004,008.15

- -------------------------------------------------------------------------------
        3,032,871.31  7,539,888.85        57,395.95         0.00 459,862,936.75
===============================================================================



















Run:        07/23/97     15:34:50
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    451.619420  59.553105     2.915506    62.468611   0.000000    392.066315
A-2    853.525791  15.906825     5.332336    21.239161   0.000000    837.618966
A-3    860.856265  15.110749     4.553486    19.664235   0.000000    845.745516
A-5   1000.000000   0.000000     7.080413     7.080413   0.000000   1000.000000
A-6   1000.000000   0.000000     6.247423     6.247423   0.000000   1000.000000
A-7    879.825392  13.050738     5.679860    18.730598   0.000000    866.774653
A-8    895.591330  11.338585     5.781643    17.120228   0.000000    884.252745
A-9   1000.000000   0.000000     6.663917     6.663917   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     5.830928     5.830928   0.000000   1000.000000
A-13  1000.000000   0.000000     6.247422     6.247422   0.000000   1000.000000
A-14  1000.000000   0.000000     6.663917     6.663917   0.000000   1000.000000
A-15  1000.000000   0.000000     6.663917     6.663917   0.000000   1000.000000
A-16  1000.000000   0.000000     6.455670     6.455670   0.000000   1000.000000
A-17   935.852643   5.571881     6.041556    11.613437   0.000000    930.280762
A-18  1000.000000   0.000000     6.455671     6.455671   0.000000   1000.000000
A-19  1080.289419   0.000000     0.000000     0.000000   6.973991   1087.263411
A-20   991.766851   0.728100     6.402520     7.130620   0.000000    991.038750
A-21   991.766851   0.728101     6.402520     7.130621   0.000000    991.038750
A-22   966.146184   3.205516     0.000000     3.205516   0.000000    962.940669
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    991.766853   0.728101     6.402520     7.130621   0.000000    991.038752
M-2    991.766853   0.728101     6.402520     7.130621   0.000000    991.038752
M-3    991.766849   0.728100     6.402520     7.130620   0.000000    991.038749
B-1    991.766845   0.728102     6.402517     7.130619   0.000000    991.038743
B-2    991.766857   0.728102     6.402517     7.130619   0.000000    991.038754
B-3    991.766845   0.728099     6.402520     7.130619   0.000000    991.038756

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:51                                        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                       96,093.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       61,075.92
MASTER SERVICER ADVANCES THIS MONTH                                    2,210.85


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    23   4,723,649.46

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,590,537.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     228,632.46


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      1,657,499.54

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     459,862,936.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,702

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                 297,062.08

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,108,031.63

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.99476030 %     4.74951600 %    1.25572390 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.94067020 %     4.73818924 %    1.26703440 %

      BANKRUPTCY AMOUNT AVAILABLE                         163,220.00
      FRAUD AMOUNT AVAILABLE                            4,646,040.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,695,254.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.27466226
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              340.48

POOL TRADING FACTOR:                                                90.98429640


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


Run:        07/23/97     15:34:52                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S16 (POOL # 4214)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4214 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947D99    19,601,888.00    16,121,648.23     7.750000  %    223,137.05
A-2   760947E23    57,937,351.00    43,282,883.23     7.750000  %    939,577.41
A-3   760947E31    32,313,578.00    32,313,578.00     7.750000  %          0.00
A-4   760947E49    49,946,015.00    41,498,371.17     7.750000  %    541,624.27
A-5   760947E56    17,641,789.00    17,491,805.09     7.750000  %     12,021.93
A-6   760947E64    16,661,690.00    16,520,038.52     7.750000  %     11,354.04
A-7   760947E72    20,493,335.00    16,517,921.03     8.000000  %    254,885.35
A-8   760947E80    19,268,210.00    16,517,921.03     7.500000  %    254,885.35
A-9   760947E98     5,000,000.00     5,000,000.00     7.750000  %          0.00
A-10  760947F22     7,000,000.00     7,000,000.00     8.000000  %          0.00
A-11  760947F30     4,900,496.00     3,575,728.15     7.750000  %     22,111.67
A-12  760947F48     5,000,000.00     5,000,000.00     7.600000  %          0.00
A-13  760947F55       291,667.00       291,667.00     0.000000  %          0.00
A-14  760947F63     1,883,298.00     1,882,416.81     7.750000  %     62,882.88
A-15  760947F71     1,300,000.00     1,300,000.00     7.750000  %          0.00
A-16  760947F89    18,886,422.00    18,886,422.00     7.750000  %          0.00
A-17  760947G54     1,225,125.00             0.00     7.500000  %          0.00
A-18  760947G62     7,082,000.00     7,082,000.00     7.575000  %          0.00
A-19  760947G70     8,382,000.00     8,382,000.00     7.750000  %          0.00
A-20  760947G88     5,534,742.00             0.00     7.750000  %          0.00
A-21  760947G96    19,601,988.00    19,470,287.29     7.750000  %    363,306.38
A-22  760947H20    14,717,439.00    14,717,439.00     7.750000  %          0.00
A-23  760947H38     8,365,657.00     8,365,657.00     7.750000  %          0.00
A-24  760947H46     1,118,434.45     1,075,095.89     0.000000  %     24,085.38
A-25  7609475H0             0.00             0.00     0.554287  %          0.00
R     760947F97           100.00             0.00     7.750000  %          0.00
M-1   760947G21     7,283,700.00     7,221,776.72     7.750000  %      4,963.45
M-2   760947G39     4,552,300.00     4,513,598.06     7.750000  %      3,102.15
M-3   760947G47     4,006,000.00     3,971,942.49     7.750000  %      2,729.87
B-1                 1,820,900.00     1,805,419.38     7.750000  %      1,240.85
B-2                   910,500.00       902,759.28     7.750000  %        620.46
B-3                 1,456,687.10     1,444,303.39     7.750000  %        992.65

- -------------------------------------------------------------------------------
                  364,183,311.55   322,152,678.76                  2,723,521.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       104,074.11    327,211.16             0.00         0.00  15,898,511.18
A-2       279,414.83  1,218,992.24             0.00         0.00  42,343,305.82
A-3       208,601.93    208,601.93             0.00         0.00  32,313,578.00
A-4       267,894.82    809,519.09             0.00         0.00  40,956,746.90
A-5       112,919.23    124,941.16             0.00         0.00  17,479,783.16
A-6       106,645.94    117,999.98             0.00         0.00  16,508,684.48
A-7       110,072.02    364,957.37             0.00         0.00  16,263,035.68
A-8       103,192.52    358,077.87             0.00         0.00  16,263,035.68
A-9        32,291.67     32,291.67             0.00         0.00   5,000,000.00
A-10       46,666.67     46,666.67             0.00         0.00   7,000,000.00
A-11       23,083.29     45,194.96             0.00         0.00   3,553,616.48
A-12       31,666.67     31,666.67             0.00         0.00   5,000,000.00
A-13            0.00          0.00             0.00         0.00     291,667.00
A-14       12,152.04     75,034.92             0.00         0.00   1,819,533.93
A-15        8,395.83      8,395.83             0.00         0.00   1,300,000.00
A-16      121,922.25    121,922.25             0.00         0.00  18,886,422.00
A-17            0.00          0.00             0.00         0.00           0.00
A-18       44,705.13     44,705.13             0.00         0.00   7,082,000.00
A-19       54,133.75     54,133.75             0.00         0.00   8,382,000.00
A-20            0.00          0.00             0.00         0.00           0.00
A-21      125,691.42    488,997.80             0.00         0.00  19,106,980.91
A-22       95,009.17     95,009.17             0.00         0.00  14,717,439.00
A-23       54,004.92     54,004.92             0.00         0.00   8,365,657.00
A-24            0.00     24,085.38             0.00         0.00   1,051,010.51
A-25      148,740.12    148,740.12             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        46,620.54     51,583.99             0.00         0.00   7,216,813.27
M-2        29,137.76     32,239.91             0.00         0.00   4,510,495.91
M-3        25,641.08     28,370.95             0.00         0.00   3,969,212.62
B-1        11,654.98     12,895.83             0.00         0.00   1,804,178.53
B-2         5,827.81      6,448.27             0.00         0.00     902,138.82
B-3         9,323.77     10,316.42             0.00         0.00   1,443,310.74

- -------------------------------------------------------------------------------
        2,219,484.27  4,943,005.41             0.00         0.00 319,429,157.62
===============================================================================

















Run:        07/23/97     15:34:52
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S16 (POOL # 4214)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4214 
____________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    822.453849  11.383447     5.309392    16.692839   0.000000    811.070402
A-2    747.063552  16.217128     4.822706    21.039834   0.000000    730.846424
A-3   1000.000000   0.000000     6.455550     6.455550   0.000000   1000.000000
A-4    830.864508  10.844194     5.363688    16.207882   0.000000    820.020314
A-5    991.498373   0.681446     6.400668     7.082114   0.000000    990.816927
A-6    991.498373   0.681446     6.400668     7.082114   0.000000    990.816927
A-7    806.014298  12.437475     5.371113    17.808588   0.000000    793.576823
A-8    857.262871  13.228284     5.355584    18.583868   0.000000    844.034587
A-9   1000.000000   0.000000     6.458334     6.458334   0.000000   1000.000000
A-10  1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-11   729.666579   4.512129     4.710399     9.222528   0.000000    725.154449
A-12  1000.000000   0.000000     6.333334     6.333334   0.000000   1000.000000
A-13  1000.000000   0.000000     0.000000     0.000000   0.000000   1000.000000
A-14   999.532103  33.389766     6.452532    39.842298   0.000000    966.142337
A-15  1000.000000   0.000000     6.458331     6.458331   0.000000   1000.000000
A-16  1000.000000   0.000000     6.455550     6.455550   0.000000   1000.000000
A-17     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-18  1000.000000   0.000000     6.312501     6.312501   0.000000   1000.000000
A-19  1000.000000   0.000000     6.458333     6.458333   0.000000   1000.000000
A-20     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-21   993.281257  18.534160     6.412177    24.946337   0.000000    974.747098
A-22  1000.000000   0.000000     6.455550     6.455550   0.000000   1000.000000
A-23  1000.000000   0.000000     6.455550     6.455550   0.000000   1000.000000
A-24   961.250693  21.534905     0.000000    21.534905   0.000000    939.715788
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    991.498376   0.681446     6.400667     7.082113   0.000000    990.816930
M-2    991.498377   0.681447     6.400668     7.082115   0.000000    990.816930
M-3    991.498375   0.681445     6.400669     7.082114   0.000000    990.816930
B-1    991.498369   0.681449     6.400670     7.082119   0.000000    990.816920
B-2    991.498386   0.681450     6.400670     7.082120   0.000000    990.816936
B-3    991.498717   0.681444     6.400668     7.082112   0.000000    990.817273

_______________________________________________________________________________


DETERMINATION DATE                      
DISTRIBUTION DATE                       

Run:     07/23/97     15:34:53                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S16 (POOL # 4214)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4214 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       67,158.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,603.64

SUBSERVICER ADVANCES THIS MONTH                                       51,849.31
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   3,950,730.23

 (B)  TWO MONTHLY PAYMENTS:                                    4     742,227.56

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     283,986.18


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,682,440.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     319,429,157.62

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,209

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                    2,501,924.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.81464160 %     4.89206300 %    1.29329550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.76648490 %     4.91392893 %    1.30336460 %

      BANKRUPTCY AMOUNT AVAILABLE                         140,078.00
      FRAUD AMOUNT AVAILABLE                            7,283,666.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,643,213.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.56526530
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                87.71109150


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


Run:        07/23/97     15:34:54                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S17 (POOL # 4215)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4215 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947C66    25,652,000.00    21,809,096.45     7.250000  %    434,933.06
A-2   760947C74    26,006,000.00    16,682,939.65     7.250000  %    809,677.17
A-3   760947C82    22,997,000.00    22,997,000.00     7.250000  %          0.00
A-4   760947C90     7,216,000.00     7,216,000.00     7.250000  %          0.00
A-5   760947D24    16,378,000.00    16,378,000.00     7.250000  %          0.00
A-6   760947D32    17,250,000.00    16,643,354.50     7.250000  %     58,097.54
A-7   760947D40     1,820,614.04     1,639,791.01     0.000000  %     11,685.67
A-8   7609474Y4             0.00             0.00     0.388721  %          0.00
R     760947D57           100.00             0.00     7.250000  %          0.00
M-1   760947D65     1,515,800.00     1,462,491.84     7.250000  %      5,105.17
M-2   760947D73       606,400.00       585,073.92     7.250000  %      2,042.34
M-3   760947D81       606,400.00       585,073.92     7.250000  %      2,042.34
B-1                   606,400.00       585,073.92     7.250000  %      2,042.34
B-2                   303,200.00       292,536.96     7.250000  %      1,021.17
B-3                   303,243.02       292,578.47     7.250000  %      1,021.31

- -------------------------------------------------------------------------------
                  121,261,157.06   107,169,010.64                  1,327,668.11
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       131,705.62    566,638.68             0.00         0.00  21,374,163.39
A-2       100,748.65    910,425.82             0.00         0.00  15,873,262.48
A-3       138,879.40    138,879.40             0.00         0.00  22,997,000.00
A-4        43,577.59     43,577.59             0.00         0.00   7,216,000.00
A-5        98,907.11     98,907.11             0.00         0.00  16,378,000.00
A-6       100,509.59    158,607.13             0.00         0.00  16,585,256.96
A-7             0.00     11,685.67             0.00         0.00   1,628,105.34
A-8        34,700.48     34,700.48             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,832.02     13,937.19             0.00         0.00   1,457,386.67
M-2         3,533.27      5,575.61             0.00         0.00     583,031.58
M-3         3,533.27      5,575.61             0.00         0.00     583,031.58
B-1         3,533.27      5,575.61             0.00         0.00     583,031.58
B-2         1,766.64      2,787.81             0.00         0.00     291,515.79
B-3         1,766.89      2,788.20             0.00         0.00     291,557.16

- -------------------------------------------------------------------------------
          671,993.80  1,999,661.91             0.00         0.00 105,841,342.53
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    850.190880  16.955133     5.134322    22.089455   0.000000    833.235747
A-2    641.503486  31.134245     3.874054    35.008299   0.000000    610.369241
A-3   1000.000000   0.000000     6.039022     6.039022   0.000000   1000.000000
A-4   1000.000000   0.000000     6.039023     6.039023   0.000000   1000.000000
A-5   1000.000000   0.000000     6.039022     6.039022   0.000000   1000.000000
A-6    964.832145   3.367973     5.826643     9.194616   0.000000    961.464172
A-7    900.680196   6.418532     0.000000     6.418532   0.000000    894.261664
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    964.831666   3.367971     5.826639     9.194610   0.000000    961.463696
M-2    964.831662   3.367975     5.826633     9.194608   0.000000    961.463687
M-3    964.831662   3.367975     5.826633     9.194608   0.000000    961.463687
B-1    964.831662   3.367975     5.826633     9.194608   0.000000    961.463687
B-2    964.831662   3.367975     5.826649     9.194624   0.000000    961.463687
B-3    964.831672   3.367860     5.826647     9.194507   0.000000    961.463700

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:54                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S17 (POOL # 4215)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4215 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,185.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,890.31

SUBSERVICER ADVANCES THIS MONTH                                       13,570.86
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     950,953.28

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     110,024.02


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        334,421.23

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     105,841,342.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          407

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                      952,834.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.39642080 %     2.49470200 %    1.10887710 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.36365350 %     2.47866265 %    1.11896010 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,212,612.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     606,306.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.82431428
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              161.90

POOL TRADING FACTOR:                                                87.28379730


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


Run:        07/23/97     15:34:55                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S18 (POOL # 4218)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4218 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947H61    60,600,000.00    54,042,008.14     6.287500  %     71,497.14
A-2   760947H79             0.00             0.00     2.712500  %          0.00
A-3   760947H87    33,761,149.00    33,761,149.00     7.750000  %          0.00
A-4   760947H95     4,982,438.00     4,982,438.00     8.000000  %          0.00
A-5   760947J28    20,015,977.00    19,887,166.93     8.000000  %     13,695.18
A-6   760947J36    48,165,041.00    39,421,051.75     7.250000  %     95,329.52
A-7   760947J44    10,255,000.00    10,255,000.00     7.250000  %          0.00
A-8   760947J51     7,125,000.00     7,125,000.00     7.250000  %          0.00
A-9   760947J69     7,733,000.00     7,733,000.00     7.250000  %          0.00
A-10  760947J77     3,100,000.00     3,100,000.00     7.250000  %          0.00
A-11  760947J85             0.00             0.00     8.000000  %          0.00
A-12  760947J93     4,421,960.00     4,421,960.00     7.250000  %          0.00
A-13  760947K26     2,238,855.16     2,184,444.41     0.000000  %      2,203.83
A-14  7609474Z1             0.00             0.00     0.291441  %          0.00
R-I   760947K34           100.00             0.00     8.000000  %          0.00
R-II  760947K42           100.00             0.00     8.000000  %          0.00
M-1   760947K59     4,283,600.00     4,256,033.48     8.000000  %      2,930.89
M-2   760947K67     2,677,200.00     2,659,971.24     8.000000  %      1,831.77
M-3   760947K75     2,463,100.00     2,447,249.06     8.000000  %      1,685.28
B-1                 1,070,900.00     1,064,008.37     8.000000  %        732.72
B-2                   428,400.00       425,643.08     8.000000  %        293.12
B-3                   856,615.33       851,102.73     8.000000  %        586.10

- -------------------------------------------------------------------------------
                  214,178,435.49   198,617,226.19                    190,785.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       283,080.78    354,577.92             0.00         0.00  53,970,511.00
A-2       122,124.31    122,124.31             0.00         0.00           0.00
A-3       217,981.59    217,981.59             0.00         0.00  33,761,149.00
A-4        33,207.24     33,207.24             0.00         0.00   4,982,438.00
A-5       132,545.14    146,240.32             0.00         0.00  19,873,471.75
A-6       238,104.23    333,433.75             0.00         0.00  39,325,722.23
A-7        61,957.29     61,957.29             0.00         0.00  10,255,000.00
A-8        43,035.20     43,035.20             0.00         0.00   7,125,000.00
A-9        46,720.21     46,720.21             0.00         0.00   7,733,000.00
A-10       18,729.17     18,729.17             0.00         0.00   3,100,000.00
A-11        6,187.86      6,187.86             0.00         0.00           0.00
A-12       26,708.76     26,708.76             0.00         0.00   4,421,960.00
A-13            0.00      2,203.83             0.00         0.00   2,182,240.58
A-14       48,224.59     48,224.59             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        28,365.86     31,296.75             0.00         0.00   4,253,102.59
M-2        17,728.33     19,560.10             0.00         0.00   2,658,139.47
M-3        16,310.56     17,995.84             0.00         0.00   2,445,563.78
B-1         7,091.47      7,824.19             0.00         0.00   1,063,275.65
B-2         2,836.85      3,129.97             0.00         0.00     425,349.96
B-3         5,672.48      6,258.58             0.00         0.00     850,516.63

- -------------------------------------------------------------------------------
        1,356,611.92  1,547,397.47             0.00         0.00 198,426,440.64
===============================================================================





































Run:        07/23/97     15:34:55
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S18 (POOL # 4218)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4218 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    891.782313   1.179821     4.671300     5.851121   0.000000    890.602492
A-3   1000.000000   0.000000     6.456581     6.456581   0.000000   1000.000000
A-4   1000.000000   0.000000     6.664858     6.664858   0.000000   1000.000000
A-5    993.564637   0.684212     6.621967     7.306179   0.000000    992.880425
A-6    818.457764   1.979226     4.943507     6.922733   0.000000    816.478537
A-7   1000.000000   0.000000     6.041667     6.041667   0.000000   1000.000000
A-8   1000.000000   0.000000     6.040028     6.040028   0.000000   1000.000000
A-9   1000.000000   0.000000     6.041667     6.041667   0.000000   1000.000000
A-10  1000.000000   0.000000     6.041668     6.041668   0.000000   1000.000000
A-12  1000.000000   0.000000     6.040027     6.040027   0.000000   1000.000000
A-13   975.697066   0.984356     0.000000     0.984356   0.000000    974.712710
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    993.564637   0.684212     6.621968     7.306180   0.000000    992.880425
M-2    993.564635   0.684211     6.621967     7.306178   0.000000    992.880424
M-3    993.564638   0.684211     6.621964     7.306175   0.000000    992.880427
B-1    993.564637   0.684210     6.621972     7.306182   0.000000    992.880428
B-2    993.564613   0.684220     6.621965     7.306185   0.000000    992.880392
B-3    993.564673   0.684216     6.621969     7.306185   0.000000    992.880468

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:56                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S18 (POOL # 4218)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4218 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       41,588.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,507.71

SUBSERVICER ADVANCES THIS MONTH                                       30,932.21
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   3,377,081.09

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        744,828.98

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     198,426,440.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          764

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                       53,768.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.04172370 %     4.76664500 %    1.19163110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.04010510 %     4.71550354 %    1.19195480 %

      BANKRUPTCY AMOUNT AVAILABLE                         112,611.00
      FRAUD AMOUNT AVAILABLE                            4,283,569.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,141,784.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.51002359
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              343.81

POOL TRADING FACTOR:                                                92.64538710


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


Run:        07/23/97     15:34:56                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S19 (POOL # 4219)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4219 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947K83    69,926,000.00    58,500,544.90     7.500000  %    984,397.70
A-2   760947K91    19,855,000.00    19,855,000.00     7.500000  %          0.00
A-3   760947L25    10,475,000.00    10,186,969.83     7.500000  %     33,799.74
A-4   760947L33     1,157,046.74     1,049,800.68     0.000000  %      6,031.11
A-5   7609475A5             0.00             0.00     0.337697  %          0.00
R     760947L41           100.00             0.00     7.500000  %          0.00
M-1   760947L58     1,310,400.00     1,274,366.93     7.500000  %      4,228.27
M-2   760947L66       786,200.00       764,581.26     7.500000  %      2,536.83
M-3   760947L74       524,200.00       509,785.68     7.500000  %      1,691.44
B-1                   314,500.00       305,851.96     7.500000  %      1,014.80
B-2                   209,800.00       204,030.97     7.500000  %        676.96
B-3                   262,361.78       255,147.41     7.500000  %        846.52

- -------------------------------------------------------------------------------
                  104,820,608.52    92,906,079.62                  1,035,223.37
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       364,816.74  1,349,214.44             0.00         0.00  57,516,147.20
A-2       123,818.27    123,818.27             0.00         0.00  19,855,000.00
A-3        63,527.22     97,326.96             0.00         0.00  10,153,170.09
A-4             0.00      6,031.11             0.00         0.00   1,043,769.57
A-5        26,087.08     26,087.08             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         7,947.11     12,175.38             0.00         0.00   1,270,138.66
M-2         4,768.02      7,304.85             0.00         0.00     762,044.43
M-3         3,179.09      4,870.53             0.00         0.00     508,094.24
B-1         1,907.33      2,922.13             0.00         0.00     304,837.16
B-2         1,272.36      1,949.32             0.00         0.00     203,354.01
B-3         1,591.13      2,437.65             0.00         0.00     254,300.84

- -------------------------------------------------------------------------------
          598,914.35  1,634,137.72             0.00         0.00  91,870,856.20
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    836.606483  14.077706     5.217183    19.294889   0.000000    822.528776
A-2   1000.000000   0.000000     6.236125     6.236125   0.000000   1000.000000
A-3    972.503086   3.226705     6.064651     9.291356   0.000000    969.276381
A-4    907.310521   5.212503     0.000000     5.212503   0.000000    902.098017
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    972.502236   3.226702     6.064644     9.291346   0.000000    969.275534
M-2    972.502239   3.226698     6.064640     9.291338   0.000000    969.275541
M-3    972.502251   3.226707     6.064651     9.291358   0.000000    969.275544
B-1    972.502258   3.226709     6.064642     9.291351   0.000000    969.275549
B-2    972.502240   3.226692     6.064633     9.291325   0.000000    969.275548
B-3    972.502207   3.226537     6.064641     9.291178   0.000000    969.275472

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:57                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S19 (POOL # 4219)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4219 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,253.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,173.97

SUBSERVICER ADVANCES THIS MONTH                                          302.14
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      30,389.90

 (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                                                      91,870,856.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          364

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                      726,596.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.39244670 %     2.77469700 %    0.83285580 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.36367360 %     2.76505242 %    0.83949850 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,048,206.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     602,148.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.06250013
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              164.93

POOL TRADING FACTOR:                                                87.64579551


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


Run:        07/23/97     15:34:58                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S20 (POOL # 4225)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4225 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947L82    52,409,000.00    52,409,000.00     7.100000  %          0.00
A-2   760947L90    70,579,000.00    70,579,000.00     7.350000  %          0.00
A-3   760947M24    68,773,000.00    58,646,405.61     7.500000  %  1,667,241.07
A-4               105,985,000.00   104,801,005.39     0.000000  %    688,437.14
A-5   760947M32    26,381,000.00     6,201,025.80     7.087500  %  1,135,176.81
A-6   760947M40     4,255,000.00     1,000,165.46    11.857500  %    183,093.03
A-7   760947M57    20,022,000.00    20,022,000.00     7.750000  %          0.00
A-8   760947M65    12,014,000.00    12,014,000.00     7.750000  %          0.00
A-9   760947M73    20,835,000.00    13,389,957.35     7.750000  %    713,149.62
A-10  760947M81    29,566,000.00    29,566,000.00     7.750000  %          0.00
A-11  760947M99     9,918,000.00     9,918,000.00     7.750000  %          0.00
A-12  760947N23     4,755,000.00     4,755,000.00     7.750000  %          0.00
A-13  760947N56     1,318,180.24     1,287,428.98     0.000000  %      8,233.32
A-14  7609475B3             0.00             0.00     0.550271  %          0.00
R-I   760947N31           100.00             0.00     7.750000  %          0.00
R-II  760947N49           100.00             0.00     7.750000  %          0.00
M-1   760947N64     9,033,100.00     8,980,928.01     7.750000  %      6,132.70
M-2   760947N72     5,645,600.00     5,612,993.01     7.750000  %      3,832.88
M-3   760947N80     5,194,000.00     5,164,001.28     7.750000  %      3,526.28
B-1                 2,258,300.00     2,245,256.86     7.750000  %      1,533.19
B-2                   903,300.00       898,082.86     7.750000  %        613.26
B-3                 1,807,395.50     1,796,956.65     7.750000  %      1,227.07

- -------------------------------------------------------------------------------
                  451,652,075.74   409,287,207.26                  4,412,196.37
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       309,947.56    309,947.56             0.00         0.00  52,409,000.00
A-2       432,102.57    432,102.57             0.00         0.00  70,579,000.00
A-3       366,375.71  2,033,616.78             0.00         0.00  56,979,164.54
A-4       394,812.97  1,083,250.11       345,827.21         0.00 104,458,395.46
A-5        36,608.39  1,171,785.20             0.00         0.00   5,065,848.99
A-6         9,878.45    192,971.48             0.00         0.00     817,072.43
A-7       129,250.78    129,250.78             0.00         0.00  20,022,000.00
A-8        77,555.63     77,555.63             0.00         0.00  12,014,000.00
A-9        86,438.04    799,587.66             0.00         0.00  12,676,807.73
A-10      190,861.47    190,861.47             0.00         0.00  29,566,000.00
A-11       64,025.03     64,025.03             0.00         0.00   9,918,000.00
A-12       30,695.61     30,695.61             0.00         0.00   4,755,000.00
A-13            0.00      8,233.32             0.00         0.00   1,279,195.66
A-14      187,598.16    187,598.16             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        57,975.83     64,108.53             0.00         0.00   8,974,795.31
M-2        36,234.33     40,067.21             0.00         0.00   5,609,160.13
M-3        33,335.89     36,862.17             0.00         0.00   5,160,475.00
B-1        14,494.12     16,027.31             0.00         0.00   2,243,723.67
B-2         5,797.52      6,410.78             0.00         0.00     897,469.60
B-3        11,600.15     12,827.22             0.00         0.00   1,795,729.58

- -------------------------------------------------------------------------------
        2,475,588.21  6,887,784.58       345,827.21         0.00 405,220,838.10
===============================================================================





































Run:        07/23/97     15:34:58
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S20 (POOL # 4225)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4225 
_______________________________________________________________________________


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     5.914014     5.914014   0.000000   1000.000000
A-2   1000.000000   0.000000     6.122254     6.122254   0.000000   1000.000000
A-3    852.753342  24.242669     5.327319    29.569988   0.000000    828.510673
A-4    988.828659   6.495609     3.725178    10.220787   3.262983    985.596032
A-5    235.056510  43.030090     1.387680    44.417770   0.000000    192.026420
A-6    235.056512  43.030090     2.321610    45.351700   0.000000    192.026422
A-7   1000.000000   0.000000     6.455438     6.455438   0.000000   1000.000000
A-8   1000.000000   0.000000     6.455438     6.455438   0.000000   1000.000000
A-9    642.666539  34.228443     4.148694    38.377137   0.000000    608.438096
A-10  1000.000000   0.000000     6.455438     6.455438   0.000000   1000.000000
A-11  1000.000000   0.000000     6.455438     6.455438   0.000000   1000.000000
A-12  1000.000000   0.000000     6.455438     6.455438   0.000000   1000.000000
A-13   976.671430   6.245974     0.000000     6.245974   0.000000    970.425456
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    994.224354   0.678914     6.418154     7.097068   0.000000    993.545440
M-2    994.224353   0.678915     6.418154     7.097069   0.000000    993.545439
M-3    994.224351   0.678914     6.418154     7.097068   0.000000    993.545437
B-1    994.224355   0.678913     6.418155     7.097068   0.000000    993.545441
B-2    994.224355   0.678911     6.418156     7.097067   0.000000    993.545445
B-3    994.224369   0.678916     6.418158     7.097074   0.000000    993.545453

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:34:59                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S20 (POOL # 4225)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4225 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       84,822.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,475.45

SUBSERVICER ADVANCES THIS MONTH                                       62,441.33
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   5,210,600.45

 (B)  TWO MONTHLY PAYMENTS:                                    8   2,170,712.72

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     274,455.10


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        428,668.99

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     405,220,838.10

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,482

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                    3,786,645.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.94651170 %     4.84263100 %    1.21085760 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.88987150 %     4.87251113 %    1.22218720 %

      BANKRUPTCY AMOUNT AVAILABLE                         171,264.00
      FRAUD AMOUNT AVAILABLE                            9,033,042.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,408,398.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.57242460
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              343.66

POOL TRADING FACTOR:                                                89.71968909


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


Run:        07/23/97     15:35:00                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S21 (POOL # 4226)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4226 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947Q95    62,361,000.00    53,139,550.42     7.500000  %    871,292.52
A-2   760947R29     5,000,000.00     3,975,394.50     7.500000  %     96,810.28
A-3   760947R37     5,848,000.00     5,848,000.00     7.500000  %          0.00
A-4   760947R45     7,000,000.00     7,000,000.00     7.500000  %          0.00
A-5   760947R52     5,000,000.00     5,000,000.00     7.500000  %          0.00
A-6   760947R60     4,417,000.00     4,417,000.00     7.500000  %          0.00
A-7   760947R78    10,450,000.00    10,195,854.50     7.500000  %     33,126.07
A-8   760947R86       929,248.96       898,998.69     0.000000  %     16,681.96
A-9   7609475C1             0.00             0.00     0.341696  %          0.00
R     760947R94           100.00             0.00     7.500000  %          0.00
M-1   760947S28     1,570,700.00     1,532,499.16     7.500000  %      4,979.05
M-2   760947S36       784,900.00       765,810.52     7.500000  %      2,488.10
M-3   760947S44       418,500.00       408,321.70     7.500000  %      1,326.63
B-1                   313,800.00       306,168.10     7.500000  %        994.73
B-2                   261,500.00       255,140.08     7.500000  %        828.94
B-3                   314,089.78       306,450.77     7.500000  %        995.64

- -------------------------------------------------------------------------------
                  104,668,838.74    94,049,188.44                  1,029,523.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       331,992.13  1,203,284.65             0.00         0.00  52,268,257.90
A-2        24,836.49    121,646.77             0.00         0.00   3,878,584.22
A-3        36,535.69     36,535.69             0.00         0.00   5,848,000.00
A-4        43,732.87     43,732.87             0.00         0.00   7,000,000.00
A-5        31,237.76     31,237.76             0.00         0.00   5,000,000.00
A-6        27,595.44     27,595.44             0.00         0.00   4,417,000.00
A-7        63,699.14     96,825.21             0.00         0.00  10,162,728.43
A-8             0.00     16,681.96             0.00         0.00     882,316.73
A-9        26,769.72     26,769.72             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         9,574.37     14,553.42             0.00         0.00   1,527,520.11
M-2         4,784.45      7,272.55             0.00         0.00     763,322.42
M-3         2,551.01      3,877.64             0.00         0.00     406,995.07
B-1         1,912.80      2,907.53             0.00         0.00     305,173.37
B-2         1,594.01      2,422.95             0.00         0.00     254,311.14
B-3         1,914.57      2,910.21             0.00         0.00     305,455.13

- -------------------------------------------------------------------------------
          608,730.45  1,638,254.37             0.00         0.00  93,019,664.52
===============================================================================

















































Run:        07/23/97     15:35:00
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S21 (POOL # 4226)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4226 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    852.127939  13.971753     5.323714    19.295467   0.000000    838.156186
A-2    795.078900  19.362056     4.967298    24.329354   0.000000    775.716844
A-3   1000.000000   0.000000     6.247553     6.247553   0.000000   1000.000000
A-4   1000.000000   0.000000     6.247553     6.247553   0.000000   1000.000000
A-5   1000.000000   0.000000     6.247552     6.247552   0.000000   1000.000000
A-6   1000.000000   0.000000     6.247553     6.247553   0.000000   1000.000000
A-7    975.679856   3.169959     6.095611     9.265570   0.000000    972.509897
A-8    967.446539  17.952089     0.000000    17.952089   0.000000    949.494450
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    975.679098   3.169956     6.095607     9.265563   0.000000    972.509142
M-2    975.679093   3.169958     6.095617     9.265575   0.000000    972.509135
M-3    975.679092   3.169964     6.095603     9.265567   0.000000    972.509128
B-1    975.679095   3.169949     6.095602     9.265551   0.000000    972.509146
B-2    975.679082   3.169943     6.095641     9.265584   0.000000    972.509140
B-3    975.678897   3.169858     6.095614     9.265472   0.000000    972.508981

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:01                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S21 (POOL # 4226)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4226 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,597.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,325.87

SUBSERVICER ADVANCES THIS MONTH                                       23,572.09
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,774,235.19

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        667,628.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      93,019,664.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          328

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                      723,749.81

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.16276650 %     2.90566400 %    0.93156970 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.13318880 %     2.90028739 %    0.93875030 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,046,688.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     642,842.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07012614
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              166.44

POOL TRADING FACTOR:                                                88.87044668


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


Run:        07/23/97     15:35:02                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S22 (POOL # 4227)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4227 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947P21    21,520,000.00    18,536,663.70     7.500000  %    233,002.24
A-2   760947P39    24,275,000.00    20,909,735.67     8.000000  %    262,831.29
A-3   760947P47    13,325,000.00    12,032,267.12     8.000000  %    100,964.03
A-4   760947P54     3,200,000.00     3,200,000.00     7.250000  %          0.00
A-5   760947P62    36,000,000.00    31,342,002.79     6.387500  %    363,795.33
A-6   760947P70             0.00             0.00     2.612500  %          0.00
A-7   760947P88    34,877,000.00    34,877,000.00     8.000000  %          0.00
A-8   760947P96    25,540,000.00    20,408,206.00     7.500000  %    400,799.44
A-9   760947Q20    20,140,000.00    18,939,135.89     7.500000  %     93,788.97
A-10  760947Q38    16,200,000.00    16,119,337.58     8.000000  %     10,600.88
A-11  760947S51     5,000,000.00     4,975,104.19     8.000000  %      3,271.88
A-12  760947S69       575,632.40       565,467.74     0.000000  %        459.94
A-13  7609475D9             0.00             0.00     0.340519  %          0.00
R-I   760947Q46           100.00             0.00     8.000000  %          0.00
R-II  760947Q53           100.00             0.00     8.000000  %          0.00
M-1   760947Q61     4,235,400.00     4,214,310.89     8.000000  %      2,771.54
M-2   760947Q79     2,117,700.00     2,107,155.44     8.000000  %      1,385.77
M-3   760947Q87     2,435,400.00     2,423,273.52     8.000000  %      1,593.67
B-1                 1,058,900.00     1,053,627.49     8.000000  %        692.92
B-2                   423,500.00       421,391.28     8.000000  %        277.13
B-3                   847,661.00       843,440.30     8.000000  %        554.68

- -------------------------------------------------------------------------------
                  211,771,393.40   192,968,119.60                  1,476,789.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       115,818.64    348,820.88             0.00         0.00  18,303,661.46
A-2       139,355.51    402,186.80             0.00         0.00  20,646,904.38
A-3        80,190.52    181,154.55             0.00         0.00  11,931,303.09
A-4        19,333.33     19,333.33             0.00         0.00   3,200,000.00
A-5       166,779.73    530,575.06             0.00         0.00  30,978,207.46
A-6        68,213.24     68,213.24             0.00         0.00           0.00
A-7       232,442.06    232,442.06             0.00         0.00  34,877,000.00
A-8       127,512.19    528,311.63             0.00         0.00  20,007,406.56
A-9       118,333.32    212,122.29             0.00         0.00  18,845,346.92
A-10      107,429.31    118,030.19             0.00         0.00  16,108,736.70
A-11       33,157.19     36,429.07             0.00         0.00   4,971,832.31
A-12            0.00        459.94             0.00         0.00     565,007.80
A-13       54,740.90     54,740.90             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        28,086.80     30,858.34             0.00         0.00   4,211,539.35
M-2        14,043.39     15,429.16             0.00         0.00   2,105,769.67
M-3        16,150.21     17,743.88             0.00         0.00   2,421,679.85
B-1         7,022.03      7,714.95             0.00         0.00   1,052,934.57
B-2         2,808.42      3,085.55             0.00         0.00     421,114.15
B-3         5,621.22      6,175.90             0.00         0.00     842,885.62

- -------------------------------------------------------------------------------
        1,337,038.01  2,813,827.72             0.00         0.00 191,491,329.89
===============================================================================







































Run:        07/23/97     15:35:02
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S22 (POOL # 4227)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4227 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    861.369131  10.827242     5.381907    16.209149   0.000000    850.541889
A-2    861.369132  10.827242     5.740701    16.567943   0.000000    850.541890
A-3    902.984399   7.577038     6.018050    13.595088   0.000000    895.407361
A-4   1000.000000   0.000000     6.041666     6.041666   0.000000   1000.000000
A-5    870.611189  10.105426     4.632770    14.738196   0.000000    860.505763
A-7   1000.000000   0.000000     6.664623     6.664623   0.000000   1000.000000
A-8    799.068363  15.693009     4.992646    20.685655   0.000000    783.375355
A-9    940.374175   4.656850     5.875537    10.532387   0.000000    935.717325
A-10   995.020838   0.654376     6.631439     7.285815   0.000000    994.366463
A-11   995.020838   0.654376     6.631438     7.285814   0.000000    994.366462
A-12   982.341751   0.799017     0.000000     0.799017   0.000000    981.542735
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    995.020751   0.654375     6.631440     7.285815   0.000000    994.366376
M-2    995.020749   0.654375     6.631435     7.285810   0.000000    994.366374
M-3    995.020744   0.654377     6.631440     7.285817   0.000000    994.366367
B-1    995.020767   0.654377     6.631438     7.285815   0.000000    994.366390
B-2    995.020732   0.654380     6.631452     7.285832   0.000000    994.366352
B-3    995.020769   0.654377     6.631448     7.285825   0.000000    994.366409

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:02                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S22 (POOL # 4227)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4227 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       40,148.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,683.07

SUBSERVICER ADVANCES THIS MONTH                                       48,321.37
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   5,027,580.85

 (B)  TWO MONTHLY PAYMENTS:                                    1      73,924.38

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,161,004.99

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     191,491,329.89

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          772

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                    1,349,848.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.24997590 %     4.54502000 %    1.20500370 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.20932480 %     4.56364728 %    1.21352270 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            4,235,428.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,122,400.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.60603118
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              346.41

POOL TRADING FACTOR:                                                90.42360576


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


Run:        07/23/97     15:35:03                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S23 (POOL # 4230)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4230 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947S77    38,006,979.00    34,313,776.46     6.287500  %    203,193.07
A-2   760947S85             0.00             0.00     2.712500  %          0.00
A-3   760947S93    13,250,000.00    13,250,000.00     7.250000  %          0.00
A-4   760947T27     6,900,000.00     6,900,000.00     7.750000  %          0.00
A-5   760947T35    22,009,468.00    22,009,468.00     7.750000  %          0.00
A-6   760947T43    20,197,423.00    20,197,423.00     7.750000  %          0.00
A-7   760947T50     2,445,497.00     2,434,619.01     7.750000  %      1,622.74
A-8   760947T68     7,100,000.00     6,133,577.56     7.400000  %     53,170.75
A-9   760947T76     8,846,378.00     8,846,378.00     7.400000  %          0.00
A-10  760947T84   108,794,552.00    98,222,801.06     7.150000  %    581,637.89
A-11  760947T92    16,999,148.00    15,347,311.98     6.237500  %     90,880.92
A-12  760947U25             0.00             0.00     2.762500  %          0.00
A-13  760947U33             0.00             0.00     7.250000  %          0.00
A-14  760947U41       930,190.16       923,572.68     0.000000  %      1,054.73
A-15  7609475E7             0.00             0.00     0.454541  %          0.00
R-I   760947U58           100.00             0.00     7.750000  %          0.00
R-II  760947U66           100.00             0.00     7.750000  %          0.00
M-1   760947U74     5,195,400.00     5,172,289.98     7.750000  %      3,447.46
M-2   760947U82     3,247,100.00     3,232,656.35     7.750000  %      2,154.65
M-3   760947U90     2,987,300.00     2,974,011.99     7.750000  %      1,982.26
B-1                 1,298,800.00     1,293,022.71     7.750000  %        861.83
B-2                   519,500.00       517,189.17     7.750000  %        344.72
B-3                 1,039,086.60     1,034,464.64     7.750000  %        689.50

- -------------------------------------------------------------------------------
                  259,767,021.76   242,802,562.59                    941,040.52
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       179,711.73    382,904.80             0.00         0.00  34,110,583.39
A-2        77,529.71     77,529.71             0.00         0.00           0.00
A-3        80,017.28     80,017.28             0.00         0.00  13,250,000.00
A-4        44,543.13     44,543.13             0.00         0.00   6,900,000.00
A-5       142,082.68    142,082.68             0.00         0.00  22,009,468.00
A-6       130,384.98    130,384.98             0.00         0.00  20,197,423.00
A-7        15,716.74     17,339.48             0.00         0.00   2,432,996.27
A-8        37,807.29     90,978.04             0.00         0.00   6,080,406.81
A-9        54,528.94     54,528.94             0.00         0.00   8,846,378.00
A-10      584,989.75  1,166,627.64             0.00         0.00  97,641,163.17
A-11       79,739.37    170,620.29             0.00         0.00  15,256,431.06
A-12       35,315.43     35,315.43             0.00         0.00           0.00
A-13        7,267.92      7,267.92             0.00         0.00           0.00
A-14            0.00      1,054.73             0.00         0.00     922,517.95
A-15       91,929.83     91,929.83             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        33,389.85     36,837.31             0.00         0.00   5,168,842.52
M-2        20,868.49     23,023.14             0.00         0.00   3,230,501.70
M-3        19,198.81     21,181.07             0.00         0.00   2,972,029.73
B-1         8,347.14      9,208.97             0.00         0.00   1,292,160.88
B-2         3,338.73      3,683.45             0.00         0.00     516,844.45
B-3         6,678.02      7,367.52             0.00         0.00   1,033,775.14

- -------------------------------------------------------------------------------
        1,653,385.82  2,594,426.34             0.00         0.00 241,861,522.07
===============================================================================



































Run:        07/23/97     15:35:03
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S23 (POOL # 4230)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4230 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    902.828306   5.346204     4.728388    10.074592   0.000000    897.482102
A-3   1000.000000   0.000000     6.039040     6.039040   0.000000   1000.000000
A-4   1000.000000   0.000000     6.455526     6.455526   0.000000   1000.000000
A-5   1000.000000   0.000000     6.455525     6.455525   0.000000   1000.000000
A-6   1000.000000   0.000000     6.455526     6.455526   0.000000   1000.000000
A-7    995.551829   0.663562     6.426808     7.090370   0.000000    994.888266
A-8    863.884163   7.488838     5.324970    12.813808   0.000000    856.395326
A-9   1000.000000   0.000000     6.163985     6.163985   0.000000   1000.000000
A-10   902.828306   5.346204     5.377013    10.723217   0.000000    897.482102
A-11   902.828305   5.346204     4.690786    10.036990   0.000000    897.482101
A-14   992.885885   1.133886     0.000000     1.133886   0.000000    991.751998
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    995.551830   0.663560     6.426810     7.090370   0.000000    994.888270
M-2    995.551831   0.663561     6.426809     7.090370   0.000000    994.888270
M-3    995.551833   0.663562     6.426810     7.090372   0.000000    994.888270
B-1    995.551825   0.663559     6.426809     7.090368   0.000000    994.888266
B-2    995.551819   0.663561     6.426814     7.090375   0.000000    994.888258
B-3    995.551901   0.663564     6.426818     7.090382   0.000000    994.888338

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:04                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S23 (POOL # 4230)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4230 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       50,467.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,475.77

SUBSERVICER ADVANCES THIS MONTH                                       27,475.50
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,565,196.69

 (B)  TWO MONTHLY PAYMENTS:                                    1     206,152.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        862,624.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     241,861,522.08

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          902

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                      779,079.05

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.11952450 %     4.70440100 %    1.17607430 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.10051750 %     4.70160522 %    1.17987560 %

      BANKRUPTCY AMOUNT AVAILABLE                         102,894.00
      FRAUD AMOUNT AVAILABLE                            5,195,340.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,597,670.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.46877013
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              347.87

POOL TRADING FACTOR:                                                93.10709283


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


Run:        07/23/97     15:35:08                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S24 (POOL # 4233)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4233 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947V24    35,025,125.00    31,940,595.20     7.250000  %    648,945.51
A-2   760947V32    30,033,957.00    28,228,946.65     7.250000  %    379,751.03
A-3   760947V40    25,641,602.00    25,641,602.00     7.250000  %          0.00
A-4   760947V57    13,627,408.00    13,378,275.21     7.250000  %     42,517.51
A-5   760947V65     8,189,491.00     6,659,572.03     7.250000  %    321,875.33
A-6   760947V73    17,267,161.00    17,267,161.00     7.250000  %          0.00
A-7   760947V81       348,675.05       339,998.83     0.000000  %      1,472.44
A-8   7609475F4             0.00             0.00     0.534301  %          0.00
R     760947V99           100.00             0.00     7.250000  %          0.00
M-1   760947W23     2,022,800.00     1,985,819.67     7.250000  %      6,311.14
M-2   760947W31     1,146,300.00     1,125,343.63     7.250000  %      3,576.46
M-3   760947W49       539,400.00       529,538.82     7.250000  %      1,682.93
B-1                   337,100.00       330,937.22     7.250000  %      1,051.75
B-2                   269,700.00       264,769.41     7.250000  %        841.46
B-3                   404,569.62       397,173.42     7.250000  %      1,262.25

- -------------------------------------------------------------------------------
                  134,853,388.67   128,089,733.09                  1,409,287.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       192,864.33    841,809.84             0.00         0.00  31,291,649.69
A-2       170,452.59    550,203.62             0.00         0.00  27,849,195.62
A-3       154,829.62    154,829.62             0.00         0.00  25,641,602.00
A-4        80,780.97    123,298.48             0.00         0.00  13,335,757.70
A-5        40,211.95    362,087.28             0.00         0.00   6,337,696.70
A-6       104,262.91    104,262.91             0.00         0.00  17,267,161.00
A-7             0.00      1,472.44             0.00         0.00     338,526.39
A-8        56,999.46     56,999.46             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        11,990.81     18,301.95             0.00         0.00   1,979,508.53
M-2         6,795.07     10,371.53             0.00         0.00   1,121,767.17
M-3         3,197.47      4,880.40             0.00         0.00     527,855.89
B-1         1,998.27      3,050.02             0.00         0.00     329,885.47
B-2         1,598.74      2,440.20             0.00         0.00     263,927.95
B-3         2,398.22      3,660.47             0.00         0.00     395,911.17

- -------------------------------------------------------------------------------
          828,380.41  2,237,668.22             0.00         0.00 126,680,445.28
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    911.933796  18.528000     5.506457    24.034457   0.000000    893.405796
A-2    939.901014  12.644056     5.675329    18.319385   0.000000    927.256959
A-3   1000.000000   0.000000     6.038219     6.038219   0.000000   1000.000000
A-4    981.718256   3.120000     5.927831     9.047831   0.000000    978.598256
A-5    813.185097  39.303460     4.910189    44.213649   0.000000    773.881637
A-6   1000.000000   0.000000     6.038220     6.038220   0.000000   1000.000000
A-7    975.116602   4.222958     0.000000     4.222958   0.000000    970.893644
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    981.718247   3.120002     5.927828     9.047830   0.000000    978.598245
M-2    981.718250   3.120003     5.927829     9.047832   0.000000    978.598247
M-3    981.718242   3.120004     5.927827     9.047831   0.000000    978.598239
B-1    981.718244   3.119994     5.927826     9.047820   0.000000    978.598250
B-2    981.718242   3.119985     5.927846     9.047831   0.000000    978.598257
B-3    981.718350   3.120007     5.927830     9.047837   0.000000    978.598368

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:08                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S24 (POOL # 4233)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4233 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,798.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,024.46

SUBSERVICER ADVANCES THIS MONTH                                       11,935.37
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     533,499.28

 (B)  TWO MONTHLY PAYMENTS:                                    3     511,199.20

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     180,927.67


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     126,680,445.28

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          482

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                    1,001,836.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.37292230 %     2.84987100 %    0.77720710 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.34416180 %     2.86479226 %    0.78336990 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,348,534.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     713,194.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07111445
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              168.39

POOL TRADING FACTOR:                                                93.93938597


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


Run:        07/23/97     15:35:09                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S25 (POOL # 4234)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4234 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947W56    25,623,000.00    24,608,394.89     7.250000  %    235,403.59
A-2   760947W64    38,194,000.00    34,143,155.39     6.287500  %    368,572.54
A-3   760947W72             0.00             0.00     2.712500  %          0.00
A-4   760947W80    41,309,000.00    33,332,917.36     6.750000  %    703,052.39
A-5   760947W98    25,013,000.00    22,360,128.45     7.250000  %    241,375.74
A-6   760947X22     7,805,000.00     7,805,000.00     6.750000  %          0.00
A-7   760947X30    39,464,000.00    40,980,447.78     0.000000  %          0.00
A-8   760947X48    12,000,000.00    12,000,000.00     7.750000  %          0.00
A-9   760947X55    10,690,000.00    10,690,000.00     7.650000  %          0.00
A-10  760947X63       763,154.95       700,956.92     0.000000  %      3,434.27
A-11  7609475G2             0.00             0.00     0.393269  %          0.00
R-I   760947X71           100.00             0.00     7.750000  %          0.00
R-II  760947X89           100.00             0.00     7.750000  %          0.00
M-1   760947X97     4,251,000.00     4,234,903.94     7.750000  %      2,844.37
M-2   760947Y21     3,188,300.00     3,176,227.77     7.750000  %      2,133.31
M-3   760947Y39     2,125,500.00     2,117,451.98     7.750000  %      1,422.19
B-1                   850,200.00       846,980.78     7.750000  %        568.87
B-2                   425,000.00       423,390.77     7.750000  %        284.37
B-3                   850,222.04       847,002.74     7.750000  %        568.91

- -------------------------------------------------------------------------------
                  212,551,576.99   198,266,958.77                  1,559,660.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       148,642.78    384,046.37             0.00         0.00  24,372,991.30
A-2       178,856.28    547,428.82             0.00         0.00  33,774,582.85
A-3        77,160.66     77,160.66             0.00         0.00           0.00
A-4       187,456.14    890,508.53             0.00         0.00  32,629,864.97
A-5       135,062.51    376,438.25             0.00         0.00  22,118,752.71
A-6        43,893.40     43,893.40             0.00         0.00   7,805,000.00
A-7        25,379.00     25,379.00       258,400.37         0.00  41,238,848.15
A-8        77,482.83     77,482.83             0.00         0.00  12,000,000.00
A-9        68,133.65     68,133.65             0.00         0.00  10,690,000.00
A-10            0.00      3,434.27             0.00         0.00     697,522.65
A-11       64,962.50     64,962.50             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        27,344.36     30,188.73             0.00         0.00   4,232,059.57
M-2        20,508.60     22,641.91             0.00         0.00   3,174,094.46
M-3        13,672.18     15,094.37             0.00         0.00   2,116,029.79
B-1         5,468.87      6,037.74             0.00         0.00     846,411.91
B-2         2,733.79      3,018.16             0.00         0.00     423,106.40
B-3         5,469.02      6,037.93             0.00         0.00     846,433.83

- -------------------------------------------------------------------------------
        1,082,226.57  2,641,887.12       258,400.37         0.00 196,965,698.59
===============================================================================











































Run:        07/23/97     15:35:09
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S25 (POOL # 4234)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4234 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    960.402564   9.187199     5.801147    14.988346   0.000000    951.215365
A-2    893.940289   9.650012     4.682837    14.332849   0.000000    884.290277
A-4    806.916589  17.019351     4.537901    21.557252   0.000000    789.897237
A-5    893.940289   9.650012     5.399693    15.049705   0.000000    884.290278
A-6   1000.000000   0.000000     5.623754     5.623754   0.000000   1000.000000
A-7   1038.426104   0.000000     0.643092     0.643092   6.547749   1044.973853
A-8   1000.000000   0.000000     6.456903     6.456903   0.000000   1000.000000
A-9   1000.000000   0.000000     6.373587     6.373587   0.000000   1000.000000
A-10   918.498819   4.500095     0.000000     4.500095   0.000000    913.998723
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    996.213583   0.669106     6.432454     7.101560   0.000000    995.544477
M-2    996.213584   0.669106     6.432456     7.101562   0.000000    995.544478
M-3    996.213587   0.669108     6.432454     7.101562   0.000000    995.544479
B-1    996.213573   0.669101     6.432451     7.101552   0.000000    995.544472
B-2    996.213576   0.669106     6.432447     7.101553   0.000000    995.544471
B-3    996.213577   0.669108     6.432461     7.101569   0.000000    995.544444

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:10                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S25 (POOL # 4234)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4234 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       43,215.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,598.53

SUBSERVICER ADVANCES THIS MONTH                                       41,101.02
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   4,051,838.35

 (B)  TWO MONTHLY PAYMENTS:                                    2     471,638.31

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,013,213.56

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     196,965,698.59

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          801

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                    1,168,006.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.10528230 %     4.82298800 %    1.07173010 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.07028880 %     4.83443761 %    1.07809230 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            4,251,032.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,162,465.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.42275954
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              348.70

POOL TRADING FACTOR:                                                92.66724876


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


Run:        07/23/97     15:35:11                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S1 (POOL # 4235)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4235 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947Y47    96,648,000.00    91,401,472.97     7.000000  %    390,497.68
A-2   760947Y54    15,536,000.00    15,536,000.00     7.000000  %          0.00
A-3   760947Y62    13,007,000.00    12,809,220.20     7.000000  %     40,815.33
A-4   760947Y70       163,098.92       160,227.99     0.000000  %        658.10
A-5   760947Y88             0.00             0.00     0.585348  %          0.00
R     760947Y96           100.00             0.00     7.000000  %          0.00
M-1   760947Z20     2,280,000.00     2,245,330.78     7.000000  %      7,154.53
M-2   760947Z38     1,107,000.00     1,090,167.18     7.000000  %      3,473.71
M-3   760947Z46       521,000.00       513,077.79     7.000000  %      1,634.87
B-1                   325,500.00       320,550.51     7.000000  %      1,021.40
B-2                   260,400.00       256,440.43     7.000000  %        817.12
B-3                   390,721.16       384,779.89     7.000000  %      1,226.07

- -------------------------------------------------------------------------------
                  130,238,820.08   124,717,267.74                    447,298.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       532,965.55    923,463.23             0.00         0.00  91,010,975.29
A-2        90,591.02     90,591.02             0.00         0.00  15,536,000.00
A-3        74,691.06    115,506.39             0.00         0.00  12,768,404.87
A-4             0.00        658.10             0.00         0.00     159,569.89
A-5        60,811.94     60,811.94             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        13,092.61     20,247.14             0.00         0.00   2,238,176.25
M-2         6,356.81      9,830.52             0.00         0.00   1,086,693.47
M-3         2,991.77      4,626.64             0.00         0.00     511,442.92
B-1         1,869.14      2,890.54             0.00         0.00     319,529.11
B-2         1,495.31      2,312.43             0.00         0.00     255,623.31
B-3         2,243.68      3,469.75             0.00         0.00     383,553.82

- -------------------------------------------------------------------------------
          787,108.89  1,234,407.70             0.00         0.00 124,269,968.93
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    945.715100   4.040411     5.514502     9.554913   0.000000    941.674689
A-2   1000.000000   0.000000     5.831039     5.831039   0.000000   1000.000000
A-3    984.794357   3.137951     5.742374     8.880325   0.000000    981.656406
A-4    982.397615   4.034975     0.000000     4.034975   0.000000    978.362640
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    984.794202   3.137952     5.742373     8.880325   0.000000    981.656250
M-2    984.794201   3.137949     5.742376     8.880325   0.000000    981.656251
M-3    984.794223   3.137946     5.742361     8.880307   0.000000    981.656276
B-1    984.794194   3.137942     5.742366     8.880308   0.000000    981.656252
B-2    984.794278   3.137942     5.742358     8.880300   0.000000    981.656336
B-3    984.794092   3.137941     5.742382     8.880323   0.000000    981.656125

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:11                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S1 (POOL # 4235)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4235 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       27,372.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,601.11

SUBSERVICER ADVANCES THIS MONTH                                        3,293.12
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     345,061.23

 (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                                                     124,269,968.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          467

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                       49,869.56

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.13803720 %     3.08981000 %    0.77215290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.13648900 %     3.08707942 %    0.77246250 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,302,388.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     651,194.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.89983981
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              170.42

POOL TRADING FACTOR:                                                95.41699537


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


Run:        07/23/97     15:35:12                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S2 (POOL # 4236)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4236 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947Z53    54,550,000.00    54,550,000.00     7.350000  %          0.00
A-2   760947Z61     6,820,000.00     6,820,000.00     7.500000  %          0.00
A-3   760947Z79    33,956,396.00    33,956,396.00     7.500000  %          0.00
A-4   760947Z87    23,875,000.00    23,875,000.00     7.500000  %          0.00
A-5   760947Z95    41,092,200.00    40,956,660.70     7.500000  %     27,891.54
A-6   7609472A8     9,750,000.00     9,750,000.00     7.500000  %          0.00
A-7   7609472B6    25,963,473.00    24,727,742.89     6.287500  %    223,394.42
A-8   7609472C4             0.00             0.00     2.712500  %          0.00
A-9   7609472D2   156,744,610.00   147,300,026.13     7.350000  %  1,707,385.22
A-10  7609472E0    36,000,000.00    33,358,262.71     7.150000  %    481,249.80
A-11  7609472F7     6,260,870.00     5,801,437.39     6.237500  %     83,695.62
A-12  7609472G5             0.00             0.00     2.262500  %          0.00
A-13  7609472H3     6,079,451.00     6,267,894.16     7.350000  %          0.00
A-14  7609472J9       486,810.08       484,588.24     0.000000  %        437.35
A-15  7609472K6             0.00             0.00     0.459053  %          0.00
R-I   7609472P5           100.00             0.00     7.500000  %          0.00
R-II  7609472Q3           100.00             0.00     7.500000  %          0.00
M-1   7609472L4     8,476,700.00     8,448,740.30     7.500000  %      5,753.60
M-2   7609472M2     5,297,900.00     5,280,425.31     7.500000  %      3,595.98
M-3   7609472N0     4,238,400.00     4,224,419.97     7.500000  %      2,876.84
B-1   7609472R1     1,695,400.00     1,689,807.87     7.500000  %      1,150.76
B-2                   847,700.00       844,903.93     7.500000  %        575.38
B-3                 1,695,338.32     1,689,746.37     7.500000  %      1,150.72

- -------------------------------------------------------------------------------
                  423,830,448.40   410,026,051.97                  2,539,157.23
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       334,065.59    334,065.59             0.00         0.00  54,550,000.00
A-2        42,618.22     42,618.22             0.00         0.00   6,820,000.00
A-3       212,193.72    212,193.72             0.00         0.00  33,956,396.00
A-4       149,218.75    149,218.75             0.00         0.00  23,875,000.00
A-5       255,938.41    283,829.95             0.00         0.00  40,928,769.16
A-6        60,927.81     60,927.81             0.00         0.00   9,750,000.00
A-7       129,542.46    352,936.88             0.00         0.00  24,504,348.47
A-8        55,886.11     55,886.11             0.00         0.00           0.00
A-9       902,069.13  2,609,454.35             0.00         0.00 145,592,640.91
A-10      198,728.03    679,977.83             0.00         0.00  32,877,012.91
A-11       30,150.59    113,846.21             0.00         0.00   5,717,741.77
A-12       10,936.39     10,936.39             0.00         0.00           0.00
A-13            0.00          0.00        38,384.74         0.00   6,306,278.90
A-14            0.00        437.35             0.00         0.00     484,150.89
A-15      156,828.21    156,828.21             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        52,796.23     58,549.83             0.00         0.00   8,442,986.70
M-2        32,997.41     36,593.39             0.00         0.00   5,276,829.33
M-3        26,398.42     29,275.26             0.00         0.00   4,221,543.13
B-1        10,559.62     11,710.38             0.00         0.00   1,688,657.11
B-2         5,279.81      5,855.19             0.00         0.00     844,328.55
B-3        10,559.23     11,709.95             0.00         0.00   1,688,595.65

- -------------------------------------------------------------------------------
        2,677,694.14  5,216,851.37        38,384.74         0.00 407,525,279.48
===============================================================================



































Run:        07/23/97     15:35:12
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S2 (POOL # 4236)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4236 
_______________________________________________________________________________


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     6.124025     6.124025   0.000000   1000.000000
A-2   1000.000000   0.000000     6.249006     6.249006   0.000000   1000.000000
A-3   1000.000000   0.000000     6.249006     6.249006   0.000000   1000.000000
A-4   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-5    996.701581   0.678755     6.228394     6.907149   0.000000    996.022826
A-6   1000.000000   0.000000     6.249006     6.249006   0.000000   1000.000000
A-7    952.405053   8.604181     4.989412    13.593593   0.000000    943.800873
A-9    939.745399  10.892784     5.755025    16.647809   0.000000    928.852615
A-10   926.618409  13.368050     5.520223    18.888273   0.000000    913.250359
A-11   926.618408  13.368050     4.815719    18.183769   0.000000    913.250358
A-13  1030.996740   0.000000     0.000000     0.000000   6.313850   1037.310589
A-14   995.435920   0.898400     0.000000     0.898400   0.000000    994.537521
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    996.701582   0.678755     6.228394     6.907149   0.000000    996.022827
M-2    996.701582   0.678756     6.228394     6.907150   0.000000    996.022826
M-3    996.701578   0.678756     6.228393     6.907149   0.000000    996.022822
B-1    996.701587   0.678754     6.228394     6.907148   0.000000    996.022832
B-2    996.701581   0.678754     6.228394     6.907148   0.000000    996.022827
B-3    996.701573   0.678755     6.228391     6.907146   0.000000    996.022817

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:13                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S2 (POOL # 4236)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4236 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       85,542.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,188.14

SUBSERVICER ADVANCES THIS MONTH                                       61,624.41
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   6,867,344.96

 (B)  TWO MONTHLY PAYMENTS:                                    4     826,120.25

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     299,450.91


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        400,674.25

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     407,525,279.47

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,589

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                    2,221,495.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.58466460 %     4.38382600 %    1.03150930 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.55511030 %     4.40251441 %    1.03713880 %
CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4583 %

      BANKRUPTCY AMOUNT AVAILABLE                         154,377.00
      FRAUD AMOUNT AVAILABLE                            8,476,609.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,238,304.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.23973667
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              350.52

POOL TRADING FACTOR:                                                96.15290289


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


Run:        07/23/97     15:35:16                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S3 (POOL # 4238)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4238 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609472S9    92,500,000.00    92,500,000.00     7.250000  %          0.00
A-2   7609472T7    11,073,000.00    10,618,968.64     7.000000  %    115,286.28
A-3   7609472U4     7,931,000.00     7,931,000.00     7.300000  %          0.00
A-4   7609472V2     3,750,000.00     3,844,610.88     7.500000  %          0.00
A-5   7609472W0    18,000,000.00    18,000,000.00     7.500000  %          0.00
A-6   7609472X8    19,875,000.00    19,357,207.30     6.750000  %    169,768.45
A-7   7609472Y6    16,143,000.00    16,143,000.00     7.000000  %          0.00
A-8   7609472Z3     5,573,000.00     5,573,000.00     7.300000  %          0.00
A-9   7609473A7    15,189,000.00    14,868,858.23     7.500000  %     98,374.94
A-10               45,347,855.00    41,295,529.38     0.000000  %  1,103,839.05
A-11  7609473C3     3,300,000.00     1,889,177.54     7.500000  %    225,676.86
A-12  7609473D1     6,000,000.00     6,000,000.00     7.500000  %          0.00
A-13  7609473E9       112,677.89       112,236.89     0.000000  %        107.74
A-14  7609473F6             0.00             0.00     0.450929  %          0.00
R-I   7609473G4           100.00             0.00     7.500000  %          0.00
R-II  7609473H2           100.00             0.00     7.500000  %          0.00
M-1   7609473J8     4,509,400.00     4,497,549.62     7.500000  %      3,037.68
M-2   7609473K5     3,221,000.00     3,212,535.44     7.500000  %      2,169.77
M-3   7609473L3     2,576,700.00     2,569,928.62     7.500000  %      1,735.75
B-1                 1,159,500.00     1,156,452.92     7.500000  %        781.08
B-2                   515,300.00       513,945.83     7.500000  %        347.12
B-3                   902,034.34       899,663.87     7.500000  %        607.66

- -------------------------------------------------------------------------------
                  257,678,667.23   250,983,665.16                  1,721,732.38
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       558,726.15    558,726.15             0.00         0.00  92,500,000.00
A-2        61,929.79    177,216.07             0.00         0.00  10,503,682.36
A-3        48,235.87     48,235.87             0.00         0.00   7,931,000.00
A-4             0.00          0.00        24,023.32         0.00   3,868,634.20
A-5       112,474.23    112,474.23             0.00         0.00  18,000,000.00
A-6       108,859.35    278,627.80             0.00         0.00  19,187,438.85
A-7        94,145.93     94,145.93             0.00         0.00  16,143,000.00
A-8        33,894.65     33,894.65             0.00         0.00   5,573,000.00
A-9        92,909.07    191,284.01             0.00         0.00  14,770,483.29
A-10      184,045.85  1,287,884.90       118,752.39         0.00  40,310,442.72
A-11            0.00    225,676.86        11,804.66         0.00   1,675,305.34
A-12       37,491.41     37,491.41             0.00         0.00   6,000,000.00
A-13            0.00        107.74             0.00         0.00     112,129.15
A-14       94,291.54     94,291.54             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        28,103.25     31,140.93             0.00         0.00   4,494,511.94
M-2        20,073.75     22,243.52             0.00         0.00   3,210,365.67
M-3        16,058.37     17,794.12             0.00         0.00   2,568,192.87
B-1         7,226.17      8,007.25             0.00         0.00   1,155,671.84
B-2         3,211.42      3,558.54             0.00         0.00     513,598.71
B-3         5,621.61      6,229.27             0.00         0.00     899,056.21

- -------------------------------------------------------------------------------
        1,507,298.41  3,229,030.79       154,580.37         0.00 249,416,513.15
===============================================================================





































Run:        07/23/97     15:35:16
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S3 (POOL # 4238)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4238 
_______________________________________________________________________________


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     6.040283     6.040283   0.000000   1000.000000
A-2    958.996536  10.411477     5.592865    16.004342   0.000000    948.585059
A-3   1000.000000   0.000000     6.081940     6.081940   0.000000   1000.000000
A-4   1025.229568   0.000000     0.000000     0.000000   6.406219   1031.635787
A-5   1000.000000   0.000000     6.248568     6.248568   0.000000   1000.000000
A-6    973.947537   8.541809     5.477200    14.019009   0.000000    965.405728
A-7   1000.000000   0.000000     5.831997     5.831997   0.000000   1000.000000
A-8   1000.000000   0.000000     6.081940     6.081940   0.000000   1000.000000
A-9    978.922788   6.476723     6.116865    12.593588   0.000000    972.446066
A-10   910.639089  24.341593     4.058535    28.400128   2.618699    888.916195
A-11   572.478042  68.386927     0.000000    68.386927   3.577170    507.668285
A-12  1000.000000   0.000000     6.248568     6.248568   0.000000   1000.000000
A-13   996.086189   0.956177     0.000000     0.956177   0.000000    995.130012
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    997.372072   0.673633     6.232148     6.905781   0.000000    996.698439
M-2    997.372071   0.673632     6.232148     6.905780   0.000000    996.698438
M-3    997.372073   0.673633     6.232146     6.905779   0.000000    996.698440
B-1    997.372074   0.673635     6.232143     6.905778   0.000000    996.698439
B-2    997.372075   0.673627     6.232137     6.905764   0.000000    996.698448
B-3    997.372085   0.673633     6.232146     6.905779   0.000000    996.698429

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:17                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S3 (POOL # 4238)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4238 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       52,155.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,667.23

SUBSERVICER ADVANCES THIS MONTH                                       48,370.26
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   4,568,937.62

 (B)  TWO MONTHLY PAYMENTS:                                    2     703,757.32

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     539,085.05


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        816,603.55

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     249,416,513.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          985

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                    1,397,626.57

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.87782390 %     4.09772200 %    1.02445410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.84910890 %     4.11884135 %    1.03019720 %

      BANKRUPTCY AMOUNT AVAILABLE                         127,664.00
      FRAUD AMOUNT AVAILABLE                            5,153,573.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,576,787.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22702365
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              351.73

POOL TRADING FACTOR:                                                96.79362123


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


Run:        07/23/97     15:35:18                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S4 (POOL # 4239)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4239 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609474K4    73,713,000.00    70,256,254.05     6.750000  %  1,038,307.04
A-2   7609474L2    17,686,000.00    17,109,897.39     6.137500  %    173,044.65
A-3   7609474M0    32,407,000.00    32,407,000.00     6.750000  %          0.00
A-4   7609474N8     6,211,000.00     6,211,000.00     7.000000  %          0.00
A-5   7609474P3    45,000,000.00    44,581,481.26     7.000000  %    143,330.48
A-6   7609474Q1             0.00             0.00     2.362500  %          0.00
A-7   7609474R9     1,021,562.20     1,010,529.72     0.000000  %      3,971.52
A-8   7609474S7             0.00             0.00     0.371654  %          0.00
R-I   7609474T5           100.00             0.00     7.000000  %          0.00
R-II  7609474U2           100.00             0.00     7.000000  %          0.00
M-1   7609474V0     2,269,200.00     2,248,094.70     7.000000  %      7,227.68
M-2   7609474W8       907,500.00       899,059.56     7.000000  %      2,890.50
M-3   7609474X6       907,500.00       899,059.56     7.000000  %      2,890.50
B-1   BC0073306       544,500.00       539,435.73     7.000000  %      1,734.30
B-2   BC0073314       363,000.00       359,623.82     7.000000  %      1,156.20
B-3   BC0073322       453,585.73       449,367.05     7.000000  %      1,444.71

- -------------------------------------------------------------------------------
                  181,484,047.93   176,970,802.84                  1,375,997.58
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       393,939.58  1,432,246.62             0.00         0.00  69,217,947.01
A-2        87,232.79    260,277.44             0.00         0.00  16,936,852.74
A-3       181,711.94    181,711.94             0.00         0.00  32,407,000.00
A-4        36,116.06     36,116.06             0.00         0.00   6,211,000.00
A-5       259,234.85    402,565.33             0.00         0.00  44,438,150.78
A-6        33,578.41     33,578.41             0.00         0.00           0.00
A-7             0.00      3,971.52             0.00         0.00   1,006,558.20
A-8        54,636.35     54,636.35             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        13,072.35     20,300.03             0.00         0.00   2,240,867.02
M-2         5,227.90      8,118.40             0.00         0.00     896,169.06
M-3         5,227.90      8,118.40             0.00         0.00     896,169.06
B-1         3,136.74      4,871.04             0.00         0.00     537,701.43
B-2         2,091.16      3,247.36             0.00         0.00     358,467.62
B-3         2,613.01      4,057.72             0.00         0.00     447,922.34

- -------------------------------------------------------------------------------
        1,077,819.04  2,453,816.62             0.00         0.00 175,594,805.26
===============================================================================

















































Run:        07/23/97     15:35:18
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S4 (POOL # 4239)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4239 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    953.105342  14.085806     5.344235    19.430041   0.000000    939.019535
A-2    967.426065   9.784273     4.932307    14.716580   0.000000    957.641792
A-3   1000.000000   0.000000     5.607182     5.607182   0.000000   1000.000000
A-4   1000.000000   0.000000     5.814854     5.814854   0.000000   1000.000000
A-5    990.699584   3.185122     5.760774     8.945896   0.000000    987.514462
A-7    989.200383   3.887693     0.000000     3.887693   0.000000    985.312691
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    990.699233   3.185123     5.760775     8.945898   0.000000    987.514111
M-2    990.699240   3.185124     5.760771     8.945895   0.000000    987.514116
M-3    990.699240   3.185124     5.760771     8.945895   0.000000    987.514116
B-1    990.699229   3.185124     5.760771     8.945895   0.000000    987.514105
B-2    990.699229   3.185124     5.760771     8.945895   0.000000    987.514105
B-3    990.699266   3.185131     5.760785     8.945916   0.000000    987.514180

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:19                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S4 (POOL # 4239)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4239 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       36,690.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,187.59

SUBSERVICER ADVANCES THIS MONTH                                       17,909.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,920,495.53

 (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                                                     175,594,805.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          645

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                      806,834.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.93417140 %     2.29950400 %    0.76632450 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.92001230 %     2.29688181 %    0.76986360 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,814,840.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     907,420.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.64246618
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              172.21

POOL TRADING FACTOR:                                                96.75495299


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


Run:        07/23/97     15:35:21                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S5 (POOL # 4243)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4243 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609475J6   101,437,000.00    98,475,780.20     7.500000  %  1,407,401.57
A-2   7609475K3    35,986,000.00    35,986,000.00     7.500000  %          0.00
A-3   7609475L1    29,287,000.00    29,287,000.00     7.500000  %          0.00
A-4   7609475M9    16,236,000.00    16,236,000.00     7.625000  %          0.00
A-5   7609475N7   125,000,000.00   124,832,973.74     7.500000  %     84,580.14
A-6   7609475P2   132,774,000.00   129,898,519.15     7.500000  %  1,366,651.76
A-7   7609475Q0     2,212,000.00     1,903,725.10     7.500000  %    146,516.17
A-8   7609475R8    28,000,000.00    28,000,000.00     7.500000  %          0.00
A-9   7609475S6     4,059,000.00     4,059,000.00     7.000000  %          0.00
A-10  7609475T4     1,271,532.92     1,266,525.70     0.000000  %      6,823.77
A-11  7609475U1             0.00             0.00     0.393291  %          0.00
R     7609475V9           100.00             0.00     7.500000  %          0.00
M-1   7609475X5    10,026,600.00    10,013,202.11     7.500000  %      6,784.41
M-2   7609475Y3     5,013,300.00     5,006,601.05     7.500000  %      3,392.21
M-3   7609475Z0     5,013,300.00     5,006,601.05     7.500000  %      3,392.21
B-1                 2,256,000.00     2,252,985.45     7.500000  %      1,526.50
B-2                 1,002,700.00     1,001,360.16     7.500000  %        678.47
B-3                 1,755,253.88     1,752,908.46     7.500000  %      1,187.67

- -------------------------------------------------------------------------------
                  501,329,786.80   494,979,182.17                  3,028,934.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       615,136.18  2,022,537.75             0.00         0.00  97,068,378.63
A-2       224,789.18    224,789.18             0.00         0.00  35,986,000.00
A-3       182,943.39    182,943.39             0.00         0.00  29,287,000.00
A-4       103,166.25    103,166.25             0.00         0.00  16,236,000.00
A-5       779,778.31    864,358.45             0.00         0.00 124,748,393.60
A-6       811,420.61  2,178,072.37             0.00         0.00 128,531,867.39
A-7        11,891.76    158,407.93             0.00         0.00   1,757,208.93
A-8       174,904.05    174,904.05             0.00         0.00  28,000,000.00
A-9        23,664.52     23,664.52             0.00         0.00   4,059,000.00
A-10            0.00      6,823.77             0.00         0.00   1,259,701.93
A-11      162,136.74    162,136.74             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        62,548.20     69,332.61             0.00         0.00  10,006,417.70
M-2        31,274.10     34,666.31             0.00         0.00   5,003,208.84
M-3        31,274.10     34,666.31             0.00         0.00   5,003,208.84
B-1        14,073.44     15,599.94             0.00         0.00   2,251,458.95
B-2         6,255.07      6,933.54             0.00         0.00   1,000,681.69
B-3        10,949.67     12,137.34             0.00         0.00   1,751,720.79

- -------------------------------------------------------------------------------
        3,246,205.57  6,275,140.45             0.00         0.00 491,950,247.29
===============================================================================













































Run:        07/23/97     15:35:21
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S5 (POOL # 4243)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4243 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    970.807301  13.874637     6.064219    19.938856   0.000000    956.932664
A-2   1000.000000   0.000000     6.246573     6.246573   0.000000   1000.000000
A-3   1000.000000   0.000000     6.246573     6.246573   0.000000   1000.000000
A-4   1000.000000   0.000000     6.354167     6.354167   0.000000   1000.000000
A-5    998.663790   0.676641     6.238226     6.914867   0.000000    997.987149
A-6    978.343043  10.293068     6.111291    16.404359   0.000000    968.049975
A-7    860.635217  66.236967     5.376022    71.612989   0.000000    794.398251
A-8   1000.000000   0.000000     6.246573     6.246573   0.000000   1000.000000
A-9   1000.000000   0.000000     5.830136     5.830136   0.000000   1000.000000
A-10   996.062060   5.366570     0.000000     5.366570   0.000000    990.695491
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    998.663765   0.676641     6.238226     6.914867   0.000000    997.987124
M-2    998.663764   0.676642     6.238226     6.914868   0.000000    997.987122
M-3    998.663764   0.676642     6.238226     6.914868   0.000000    997.987122
B-1    998.663763   0.676640     6.238227     6.914867   0.000000    997.987123
B-2    998.663768   0.676643     6.238227     6.914870   0.000000    997.987125
B-3    998.663772   0.676637     6.238226     6.914863   0.000000    997.987135

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:22                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S5 (POOL # 4243)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4243 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      102,665.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,309.33

SUBSERVICER ADVANCES THIS MONTH                                       94,831.03
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    45  12,303,390.68

 (B)  TWO MONTHLY PAYMENTS:                                    2     591,615.65

 (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                                                     491,950,247.29

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,917

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                    2,693,393.46

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.92950850 %     4.05628700 %    1.01420410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.90173650 %     4.06806084 %    1.01975910 %

      BANKRUPTCY AMOUNT AVAILABLE                         133,016.00
      FRAUD AMOUNT AVAILABLE                           10,026,596.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,013,298.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.16491132
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              353.68

POOL TRADING FACTOR:                                                98.12906798


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


Run:        07/23/97     15:35:25                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S6 (POOL # 4245)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4245 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609476A4    80,000,000.00    79,047,481.94     7.000000  %  1,011,240.56
A-2   7609476B2    16,000,000.00    16,000,000.00     7.000000  %          0.00
A-3   7609476C0    23,427,000.00    23,427,000.00     7.000000  %          0.00
A-4   7609476D8    40,715,000.00    40,629,397.23     7.000000  %     63,608.02
A-5   7609476E6    20,955,000.00    20,955,000.00     7.000000  %          0.00
A-6   7609476F3    36,169,000.00    35,341,141.07     7.000000  %          0.00
A-7   7609476G1    38,393,000.00    38,393,000.00     7.000000  %          0.00
A-8   7609476H9    64,000,000.00    63,802,651.49     7.000000  %    199,548.87
A-9   7609476J5       986,993.86       983,200.75     0.000000  %      4,066.87
A-10  7609476L0             0.00             0.00     0.371407  %          0.00
R     7609476M8           100.00             0.00     7.000000  %          0.00
M-1   7609476N6     3,297,200.00     3,287,032.36     7.000000  %     10,280.51
M-2   7609476P1     2,472,800.00     2,465,174.58     7.000000  %      7,710.07
M-3   7609476Q9       824,300.00       821,758.09     7.000000  %      2,570.13
B-1                 1,154,000.00     1,150,441.39     7.000000  %      3,598.11
B-2                   659,400.00       657,366.60     7.000000  %      2,055.98
B-3                   659,493.00       657,459.29     7.000000  %      2,056.27

- -------------------------------------------------------------------------------
                  329,713,286.86   327,618,104.79                  1,306,735.39
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       460,760.47  1,472,001.03             0.00         0.00  78,036,241.38
A-2        93,262.52     93,262.52             0.00         0.00  16,000,000.00
A-3       136,553.82    136,553.82             0.00         0.00  23,427,000.00
A-4       236,825.01    300,433.03             0.00         0.00  40,565,789.21
A-5       122,144.76    122,144.76             0.00         0.00  20,955,000.00
A-6       206,000.25    206,000.25             0.00         0.00  35,341,141.07
A-7       223,789.26    223,789.26             0.00         0.00  38,393,000.00
A-8       371,899.76    571,448.63             0.00         0.00  63,603,102.62
A-9             0.00      4,066.87             0.00         0.00     979,133.88
A-10      101,322.78    101,322.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        19,159.81     29,440.32             0.00         0.00   3,276,751.85
M-2        14,369.28     22,079.35             0.00         0.00   2,457,464.51
M-3         4,789.95      7,360.08             0.00         0.00     819,187.96
B-1         6,705.82     10,303.93             0.00         0.00   1,146,843.28
B-2         3,831.73      5,887.71             0.00         0.00     655,310.62
B-3         3,832.27      5,888.54             0.00         0.00     655,403.02

- -------------------------------------------------------------------------------
        2,005,247.49  3,311,982.88             0.00         0.00 326,311,369.40
===============================================================================















































Run:        07/23/97     15:35:25
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S6 (POOL # 4245)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4245 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    988.093524  12.640507     5.759506    18.400013   0.000000    975.453017
A-2   1000.000000   0.000000     5.828908     5.828908   0.000000   1000.000000
A-3   1000.000000   0.000000     5.828908     5.828908   0.000000   1000.000000
A-4    997.897513   1.562275     5.816653     7.378928   0.000000    996.335238
A-5   1000.000000   0.000000     5.828908     5.828908   0.000000   1000.000000
A-6    977.111368   0.000000     5.695492     5.695492   0.000000    977.111368
A-7   1000.000000   0.000000     5.828908     5.828908   0.000000   1000.000000
A-8    996.916430   3.117951     5.810934     8.928885   0.000000    993.798478
A-9    996.156906   4.120465     0.000000     4.120465   0.000000    992.036441
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    996.916280   3.117952     5.810934     8.928886   0.000000    993.798329
M-2    996.916281   3.117951     5.810935     8.928886   0.000000    993.798330
M-3    996.916280   3.117955     5.810930     8.928885   0.000000    993.798326
B-1    996.916282   3.117946     5.810936     8.928882   0.000000    993.798336
B-2    996.916288   3.117956     5.810934     8.928890   0.000000    993.798332
B-3    996.916252   3.117956     5.810934     8.928890   0.000000    993.798302

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:25                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S6 (POOL # 4245)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4245 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       68,540.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    20,911.42

SUBSERVICER ADVANCES THIS MONTH                                       33,121.99
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   3,314,238.84

 (B)  TWO MONTHLY PAYMENTS:                                    1     263,608.68

 (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                                                     326,311,369.40

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,190

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                      281,944.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         97.23261900 %     2.01263400 %    0.75474700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            97.23022800 %     2.00832853 %    0.75539910 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            3,297,133.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,648,566.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.67305128
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              174.40

POOL TRADING FACTOR:                                                98.96821948


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


Run:        07/23/97     15:35:26                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S7 (POOL # 4246)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4246 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609476R7   134,700,000.00   133,978,760.56     7.500000  %  2,482,083.39
A-2   7609476S5    72,764,000.00    72,764,000.00     7.500000  %          0.00
A-3   7609476T3    11,931,000.00    11,931,000.00     7.500000  %          0.00
A-4   7609476U0    19,418,000.00    19,343,449.89     7.500000  %     75,068.20
A-5   7609476V8    11,938,000.00    12,012,550.11     7.500000  %          0.00
A-6   7609476W6       549,825.51       549,405.92     0.000000  %        425.61
A-7   7609476X4             0.00             0.00     0.383831  %          0.00
R     7609476Y2           100.00             0.00     7.500000  %          0.00
M-1   7609476Z9     5,276,800.00     5,273,268.61     7.500000  %      3,531.26
M-2   7609477A3     2,374,500.00     2,372,910.91     7.500000  %      1,589.03
M-3   7609477B1     2,242,600.00     2,241,099.19     7.500000  %      1,500.76
B-1                 1,187,300.00     1,186,505.42     7.500000  %        794.55
B-2                   527,700.00       527,346.85     7.500000  %        353.14
B-3                   923,562.67       922,944.60     7.500000  %        618.04

- -------------------------------------------------------------------------------
                  263,833,388.18   263,103,242.06                  2,565,963.98
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       837,253.04  3,319,336.43             0.00         0.00 131,496,677.17
A-2       454,712.97    454,712.97             0.00         0.00  72,764,000.00
A-3        74,558.58     74,558.58             0.00         0.00  11,931,000.00
A-4       120,880.07    195,948.27             0.00         0.00  19,268,381.69
A-5             0.00          0.00        75,068.20         0.00  12,087,618.31
A-6             0.00        425.61             0.00         0.00     548,980.31
A-7        84,144.48     84,144.48             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        32,953.43     36,484.69             0.00         0.00   5,269,737.35
M-2        14,828.67     16,417.70             0.00         0.00   2,371,321.88
M-3        14,004.96     15,505.72             0.00         0.00   2,239,598.43
B-1         7,414.65      8,209.20             0.00         0.00   1,185,710.87
B-2         3,295.47      3,648.61             0.00         0.00     526,993.71
B-3         5,767.61      6,385.65             0.00         0.00     922,326.56

- -------------------------------------------------------------------------------
        1,649,813.93  4,215,777.91        75,068.20         0.00 260,612,346.28
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    994.645587  18.426751     6.215687    24.642438   0.000000    976.218836
A-2   1000.000000   0.000000     6.249148     6.249148   0.000000   1000.000000
A-3   1000.000000   0.000000     6.249148     6.249148   0.000000   1000.000000
A-4    996.160773   3.865908     6.225156    10.091064   0.000000    992.294865
A-5   1006.244774   0.000000     0.000000     0.000000   6.288172   1012.532946
A-6    999.236867   0.774082     0.000000     0.774082   0.000000    998.462785
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    999.330771   0.669205     6.244965     6.914170   0.000000    998.661566
M-2    999.330769   0.669206     6.244965     6.914171   0.000000    998.661562
M-3    999.330772   0.669205     6.244966     6.914171   0.000000    998.661567
B-1    999.330767   0.669207     6.244968     6.914175   0.000000    998.661560
B-2    999.330775   0.669206     6.244969     6.914175   0.000000    998.661569
B-3    999.330776   0.669202     6.244958     6.914160   0.000000    998.661585

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:27                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S7 (POOL # 4246)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4246 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       54,483.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,395.02

SUBSERVICER ADVANCES THIS MONTH                                       23,335.99
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   3,207,565.72

 (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                                                     260,612,346.28

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,043

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                    2,314,665.98

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.22990190 %     3.76581000 %    1.00428810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.18744640 %     3.79132370 %    1.01322660 %

      BANKRUPTCY AMOUNT AVAILABLE                         132,542.00
      FRAUD AMOUNT AVAILABLE                            2,638,334.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,904,911.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.17523921
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              354.69

POOL TRADING FACTOR:                                                98.77913788


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


Run:        07/23/97     15:35:32                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S8 (POOL # 4250)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4250 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609477C9   268,034,000.00   268,034,000.00     7.500000  %  2,208,527.21
A-2   7609477D7    55,974,000.00    55,974,000.00     7.500000  %          0.00
A-3   7609477E5    25,328,000.00    25,328,000.00     7.500000  %          0.00
A-4   7609477F2    27,439,000.00    27,439,000.00     7.500000  %          0.00
A-5   7609477G0    12,727,000.00    12,727,000.00     7.500000  %          0.00
A-6   7609477H8    31,345,000.00    31,345,000.00     7.500000  %          0.00
A-7   7609477J4    19,940,000.00    19,940,000.00     7.500000  %     83,135.47
A-8   7609477K1    13,303,000.00    13,303,000.00     7.500000  %          0.00
A-9   7609477L9   120,899,000.00   120,899,000.00     7.500000  %          0.00
A-10  7609477M7       788,733.59       788,733.59     0.000000  %        747.73
A-11  7609477N5             0.00             0.00     0.494259  %          0.00
R     7609477P0           100.00           100.00     7.500000  %        100.00
M-1   7609477Q8    12,089,800.00    12,089,800.00     7.500000  %      7,778.97
M-2   7609477R6     5,440,400.00     5,440,400.00     7.500000  %      3,500.53
M-3   7609477S4     5,138,200.00     5,138,200.00     7.500000  %      3,306.09
B-1                 2,720,200.00     2,720,200.00     7.500000  %      1,750.27
B-2                 1,209,000.00     1,209,000.00     7.500000  %        777.91
B-3                 2,116,219.73     2,116,219.73     7.500000  %      1,361.64

- -------------------------------------------------------------------------------
                  604,491,653.32   604,491,653.32                  2,310,985.82
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1     1,675,045.61  3,883,572.82             0.00         0.00 265,825,472.79
A-2       349,802.65    349,802.65             0.00         0.00  55,974,000.00
A-3       158,284.23    158,284.23             0.00         0.00  25,328,000.00
A-4       171,476.67    171,476.67             0.00         0.00  27,439,000.00
A-5        79,535.83     79,535.83             0.00         0.00  12,727,000.00
A-6       195,886.73    195,886.73             0.00         0.00  31,345,000.00
A-7       124,612.58    207,748.05             0.00         0.00  19,856,864.53
A-8             0.00          0.00        83,135.47         0.00  13,386,135.47
A-9       755,543.47    755,543.47             0.00         0.00 120,899,000.00
A-10            0.00        747.73             0.00         0.00     787,985.86
A-11      248,954.92    248,954.92             0.00         0.00           0.00
R               0.63        100.63             0.00         0.00           0.00
M-1        75,553.72     83,332.69             0.00         0.00  12,082,021.03
M-2        33,999.11     37,499.64             0.00         0.00   5,436,899.47
M-3        32,110.55     35,416.64             0.00         0.00   5,134,893.91
B-1        16,999.56     18,749.83             0.00         0.00   2,718,449.73
B-2         7,555.50      8,333.41             0.00         0.00   1,208,222.09
B-3        13,225.05     14,586.69             0.00         0.00   2,114,858.09

- -------------------------------------------------------------------------------
        3,938,586.81  6,249,572.63        83,135.47         0.00 602,263,802.97
===============================================================================













































Run:        07/23/97     15:35:32
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S8 (POOL # 4250)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4250 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1   1000.000000   8.239728     6.249377    14.489105   0.000000    991.760272
A-2   1000.000000   0.000000     6.249377     6.249377   0.000000   1000.000000
A-3   1000.000000   0.000000     6.249377     6.249377   0.000000   1000.000000
A-4   1000.000000   0.000000     6.249378     6.249378   0.000000   1000.000000
A-5   1000.000000   0.000000     6.249378     6.249378   0.000000   1000.000000
A-6   1000.000000   0.000000     6.249377     6.249377   0.000000   1000.000000
A-7   1000.000000   4.169281     6.249377    10.418658   0.000000    995.830719
A-8   1000.000000   0.000000     0.000000     0.000000   6.249378   1006.249378
A-9   1000.000000   0.000000     6.249377     6.249377   0.000000   1000.000000
A-10  1000.000000   0.948013     0.000000     0.948013   0.000000    999.051987
R     1000.000000 1000.00000     6.300000  1006.300000   0.000000      0.000000
M-1   1000.000000   0.643432     6.249377     6.892809   0.000000    999.356568
M-2   1000.000000   0.643432     6.249377     6.892809   0.000000    999.356568
M-3   1000.000000   0.643433     6.249377     6.892810   0.000000    999.356567
B-1   1000.000000   0.643434     6.249379     6.892813   0.000000    999.356566
B-2   1000.000000   0.643433     6.249380     6.892813   0.000000    999.356567
B-3   1000.000000   0.643430     6.249375     6.892805   0.000000    999.356570

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:33                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S8 (POOL # 4250)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4250 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      124,115.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    20,228.90

SUBSERVICER ADVANCES THIS MONTH                                       20,231.89
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,672,774.74

 (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                                                     602,263,802.97

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,413

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                    1,838,814.47

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.24371690 %     3.75489300 %    1.00138980 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.22917740 %     3.76144379 %    1.00445100 %

      BANKRUPTCY AMOUNT AVAILABLE                         211,562.00
      FRAUD AMOUNT AVAILABLE                            6,044,917.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   8,860,607.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.27722399
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              356.90

POOL TRADING FACTOR:                                                99.63145060

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


Run:        07/23/97     15:35:54                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR1 (POOL # 3328)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   3328 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
CERT               24,934,336.17    24,934,336.17     7.351200  %     91,475.93
R                           0.00             0.00     0.000000  %          0.00

- -------------------------------------------------------------------------------
                   24,934,336.17    24,934,336.17                     91,475.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CERT      152,521.82    243,997.75             0.00         0.00  24,842,860.24
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          152,521.82    243,997.75             0.00         0.00  24,842,860.24
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
CERT  1000.000000   3.668673     6.116939     9.785612   0.000000    996.331327

_______________________________________________________________________________


DETERMINATION DATE       21-July-97     
DISTRIBUTION DATE        25-July-97     

Run:     07/23/97     15:35:54                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
          MORTGAGE PASS-THROUGH CERTIFICATES 1997-QPCR1 (POOL # 3328)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 3328 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,736.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,040.20

SUBSERVICER ADVANCES THIS MONTH                                        3,016.45
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     432,850.00

 (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                                                      24,842,860.24

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          128

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                       73,459.43

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 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.79261700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              357.80

POOL TRADING FACTOR:                                                99.63313268


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




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